Our Company 4 American Sands Energy Corp. (AMSE) is a pre-production oil company with resources located near Sunnyside, Utah. AMSEs proprietary process produces bitumen from oil-wet sands, placing the company on the leading edge of…
Why American Sands 5 Rapidly approaching unconventional play with global Oil-Wet Sands The Next opportunities Unconventional Play Our oil extraction process does not negatively impact the environment Production Cost of Under…
The Growth in Unconventional Oil 6 1 1 Canadian Oil Sands Production US Shale Oil Production 2000 2 1400 2 1200 1500 1000 800 1000 600 500 400 200 0 0 1960 1970 1980 1990 2000 2010 2020 2005 2007 2009 2011 2013 2015 2017 1.…
Oil-Wet SandsUnder-exploited Opportunity 7 The Global Oil-Wet sands resource is large and untapped. KAZAKHSTAN USA CHINA AMSE has been approached regarding oil-wet sands projects COLOMBIA CONGO in these countries.…
Oil-Wet Sands in the US and Utah 8 The US oil-wet sands total oil in place is estimated to be between 60 to 80 billion barrels, with the largest deposits in Utah. 35 32.3 Major Oil Sands Deposits in Utah 30 Deposit Oil in Place…
AMSEs Competitive Advantages 9 Large, proven resource RESOURCE 30M in historical drilling Less than 40 per barrel* production cost LOW-COST Low capital requirements Environmentally benign process PROCESS Water-free oil…
Our Plan 10 Complete permitting for our mining and processing operations at Sunnyside Large mine permit (NOI) filed March 6, 2014 Regulatory review expected to be completed in 2014 Finance, construct and operate a 9,500 barrel…
Accomplishments And Milestones 11 2005 Acquired first oil sands leases 2008 Feasibility Study AMEC BDR Limited 2009 Updated Resource Report issued by Marston 2011 Listing on OTCBB, 3M in financing 2014 Filed Mine Permit…
Resource Overview 12 AMSEs oil sands are located approximately 150 miles Southeast of Salt Lake City, Utah. Within the greater Salt Lake City area, there is over 175,000 bpd of refining capacity; existing rail lines within 7…
Resource History 13 Originally mined in the 1890s through 1920s for use as road asphalt Chevron/GNC commenced development of an oil sands project in the1980s, ceasing activity when government subsidies available under the…
Resource Base 14 Existing Resource Base Additional Resource Potential Approximately 150 million barrels net to AMSE has the potential to access AMSE (P50) of contingent recoverable high additional contingent resources of up to…
Sunnyside Deposit 15
Our Process 16 We use a water-free solvent extraction process which produces a clean sand meeting all EPA requirements for reclamation and refineable bitumen. Our process requires no tailings ponds because all of the solvent is…
How the Process Works 17 The AMSE process starts by mixing the mined oil-wet sand with a proprietary solvent in which the bitumen is washed from the sand The liquid bitumen/solvent mixture is separated from the clean sand by gravity…
Successful Pilot Plant Operation 18 Pilot plant has been operational since 2012 Utah and Congo oil-wet sands successfully processed into bitumen and clean sand Independent laboratory analysis confirmed the effectiveness of the…
(1) 10,000 Tons Per Day Economics 19 /bbl WTI 80.00 Heavy Discount, 17.5% (14.00) Operating Costs, mining (21.66) Operating Costs, extraction (7.92) Transportation (5.00) Royalty (3.22) Net back 28.20 EBITDA/year at 80/bbl…
Competitive Advantage vs. Canadian Sands 20 AMSE has a cost advantage versus Athabasca oil sands projects due to low sulfur content, no water or tailings, low energy use, and being closer to infrastructure and markets. Utah Oil…
Competitive Advantages vs. Shale Oil 21 AMSE has a cost advantage versus the recent Shale Oil projects which include low infrastructure investments, no service cost inflation exposure, and no resource recovery risk Utah Oil Sands…
Experienced Management Team 22 Extensive experience in development, strategy and management as former CEO and EVP of public companies Family co-founder/shareholder of GNC, which partnered with Chevron for the development of Sunnyside…
Non-Executive Board of Directors 23 Former Lt. Governor of Utah; former attorney specializing in natural resources and Gayle McKeachnie government law Director Utah House of Representatives (4 Terms); advisor to Governor John…
Why American Sands 24 Rapidly approaching unconventional play with global Oil-Wet Sands The Next opportunities Unconventional Play Our oil extraction process does not negatively impact the environment Production Cost of Under…
Appendix A - Cap Table 26 1 2 1. Management & Directors shares include convertible preferred (as if converted), options and warrants owned by Management & Directors. 2. Preferred refers to Series A Convertible…