Investor presentation Phil Thick, Managing Director July 2014
Company overview Corporate overview New Standard Energy ASX:NSE Ordinary shares 385.9m NSE share performance over past six months Options and performance shares 23.3m Market capitalisation 58m (at 0.15c per share) Cash position…
Business Strategy and Focus The recent acquisitions have restructured the business, created a unique portfolio and delivered a strong alliance with Magnum Hunter Resources Corporation, resulting in a new focus. Cooper Basin Seek…
Diversified Portfolio Recent transaction with Magnum Hunter Resources Corporation (NYSE: MHR) has diversified the asset portfolio and altered the risk associated with NSEs business and investment profile US Assets - Eagle Ford, Texas…
US basins overview 5
Eagle Ford, Texas Atascosa County 6
US assets Eagle Ford, Texas A unique operating model - building the foundations of a positive business alliance NSE retains Operator status and control of the program contracting Magnum Hunter (MHR) under a Services Agreement Eagle…
US assets building a strong business Secure debt funding for current and future drilling operations Debt facility negotiated with Credit Suisse for up to US45 million, first draw of US9 million already made Facility based on reserves…
US assets successful execution MHR execution provides repeatable and predictable results Prepare and plan for a successful Consistency execution Drilling Completion Pad drilling Review and Longer laterals and more stages Top hole…
US assets Peeler Ranch Prospect Area 10
US assets Allright Project Area 11
US assets Eagle Ford type curve 12
US assets Efficiency trends Continue CWC reductions and efficiencies 2013 Peeler Ranch 4H cost 8.5MM 2014 Peeler Ranch 5H and 6H cost 6.5MM 2015 Reduce future CWC…
US assets key economic drivers Key drivers well costs and effectiveness of completions Peeler Ranch-4H total cost approx. US8.5 million Peeler Ranch-5H and 6H approx. cost US6.5 million each (same lengths, same stages, 9 months…
US assets - Eagle Ford reserves 3P reserves of 12.3 Million BOE as at 1 Dec 2013, prior to two recent wells Eagle Ford acquisition price represents 2 per BOE based on 3P reserves Substantial upside remains in Atascosa acreage…
US assets Eagle Ford growth platform Continue drilling program and look for expansion opportunities Fund future drilling program through combination of cashflow from production and additional debt drawdown based on updated reserves…
South Australian assets Cooper Basin Planning for the exploration and development of PEL570 Cooper Basin snapshot NSE position in PEL570 is in the heart of the Patchawarra Trough Value supported by corporate activity and intense…
South Australian assets Cooper Basin PEL570 - surrounding permits and wells 18
South Australian assets Cooper Basin PEL570 Basin Centred Gas PEL570 Cuttapirrie Napowie Pondrinnie Wimma Positive pressure cell whereby generation and expulsion of HC is greater than migration Over-pressured by…
Western Australian assets Manage capital and retain upside The WA assets remain highly prospective and offer substantial potential upside to NSE and our partners, however: Early stage, high risk and subject to infrastructure and…
For more information contact: Phil Thick, Managing Director +61 8 9481 7477 infonewstandard.com.au
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