Entek is US focused with a substantial acreage position in the Niobrara Oil Resource Play, with an area of enhanced potential due to embedded Igneous Intrusive Sills. Enteks US portfolio is balanced with non-operated production and…
2013 HIGHLIGHTS Completed a milestone transaction with East Resources establishing the Battle Mountain AMI, while retaining our working interest level within the highly prospective Focus Ranch Unit AMI. Maintained a strong cash…
PROJECTS / ASSETS NIOBRARA OIL RESOURCE PROJECT 37,500 net acres in the Niobrara Oil Resource Play (Sandwash Basin) Adjacent Operated AMI (Focus Ranch) and Non-Operated AMI (Battle Mountain) The recent transaction with East resources…
EQUITY PROFILE & CASH POSITION Ordinary Shares 510,657,387 Unlisted Options 17,000,000 Market Cap 18m 3.5 cents Cash 13.5m Debt NIL Current Annual 2.5m Revenue (GoM) Enterprise Value 4m SOLID CAPITAL FOUNDATION FOR GROWTH 13.5…
BOARD & MANAGEMENT Small Perth based head office (3 staff) with US operating team based in Denver and Field offices (6 staff). Denver staff partly funded by AMI partners. Well balanced Board with highly relevant expertise and…
NIOBRARA PROJECT LOCATION Niobrara Shale WY CO DJ Basin Gulf of Mexico Niobrara gas field Niobrara oil field
NIOBRARA OIL RESOURCE PLAY Enhanced by additional volcanic sill play WY CO Volcanic Sill Fairway
NIOBRARA PROJECT LOCATION Enteks acreage is located on the oil prone flanks of the Washakie & Sand Wash Basins I Top Niobrara Depth Map 6 Miles
SANDWASH BASIN ACTIVITY Niobrara Competitor Activity Battle Mountain AMI (Entek 20% Working Interest) Double Eagle Focus Ranch Unit AMI (Entek 20% Working Interest) 1 Producing Entek Leases 100% Working Interest Shallow Rights…
NIOBRARA PROJECT HISTORY Pre East Entek Transaction Entek built a gross acreage position of around 129,000 acres from late 2009 to early 2013 being an initial mover in this emerging play and then via strategic bolt-on acquisitions…
CURRENT NIOBRARA HOLDINGS & NEW 3D SEISMIC OUTLINE Battle Mountain AMI (Entek 20% Working Interest) Focus Ranch Unit AMI (Entek 55% Working Interest) Focus Ranch Unit Outline Entek Leases (100% working interest) Battle Mountain…
FOCUS RANCH UNIT AMI Entek has retained its existing 55% interest and operatorship over Focus Ranch AMI. Net acres to Entek are 18,000 (covering approximately 38,000 gross acres). Focus Ranch is considered a potential sweet spot of…
FOCUS RANCH UNIT ACCESS Butter Lake Federal 32-10 FRU Federal 3-1 FRU Federal 12-1 Focus Ranch Unit AMI Green areas show accessible Focus Ranch Unit Outline parts of the Focus Ranch Unit Accessible Leases after…
FOCUS RANCH UNIT ACCESS Entek has recently received approval to construct an alternative access route to the Focus Ranch 3-1 well location and construction thereof is now complete, opening up a significant part of the Focus Ranch…
IGNEOUS INTRUSIVE (SILL) PLAY Focus Ranch is a key asset for Entek given its highly prospective geological setting. Focus Ranch is considered a potential sweet spot of the Niobrara Oil Resource Play due to: existence of igneous…
NIOBRARA & IGNEOUS PLAY DISTRIBUTION The Niobrara Play has proven production deliverability from both vertical and horizontal wells, up to 1,050 BOPD. The Igneous Sill Play is believed to enhance the hydrocarbon storage and flow from…
SEISMIC SECTION - NIOBRARA & IGNEOUS PLAYS Proposed location Entek Austra Tex Kirby 11-14 FRU 12-1 Fed 1 Gold Blossom 1 240 BOPD & 2.7 MMCFGPD Cumulative from flow tests Seismic interpretation of Igneous intrusive sills…
IGNEOUS SILL PLAY Focus Ranch igneous intrusive sills have porosity & fracturing (Outcrop & FMI Shown)
FOCUS RANCH 12-1 IGNEOUS SILL (in core & FMI log) Large vertical fractures with fluorescence indicating oil saturation FMI 7005 Cored Section on FMI 7015 Core
IGNEOUS SILL RESERVOIR ANALOGUE DINEH-BI-KEYAH FIELD (DBK) Situated in the Paradox Basin in Arizona Geologic Similarities to the Focus Ranch Unit Igneous Intrusive sill emplaced within shale Age of emplacement Tectonic history &…
DBK IGNEOUS SILL RESERVOIR ANALOGUE Cross Section DINEH-BI KEYAH (DBK) ANALOGUE TO THE FOCUS RANCH UNIT Igneous Intrusive Reservoir (1 Igneous Sill) Geologic Similarities 75 Average Sill Thickness Igneous Intrusive sill…
FOCUS RANCH IGNEOUS SILL POTENTIAL VS DINEH-BI-KEYAH Focus Ranch Unit 12-1 Well Igneous Alpha Sill 1.75 MMCFGPD , 100 BOPD. Cumulative from all perforations 2.7 MMCFGPD and 240 BOPD from flow tests Dineh-Bi Keyah Focus…
IGNEOUS SILL DISTRIBUTION OVER BOTH AMIs Battle Mountain AMI (Entek 20% Working Interest) Focus Ranch Unit AMI (Entek 55% Working Interest) Wells With Niobrara Sills Wells With Mancos Sills Entek/East Planned 3-D Shoot…
Enteks Gulf of Mexico portfolio consisting of production and royalty interests are low risk and require little management time. Positive cash flow (US2.5 MM/YR) supports corporate overheads and onshore operations with potential to…
ENTEKS GULF OF MEXICO BLOCKS
RECENT GULF HISTORY Positive Cash Flow Continuing positive cash flow from gas production out of blocks GA-A133 and PN975 Now supplemented by the oil royalty income from the VR 341/342 development (online April 2013) The Company…
Entek is fully funded for its short to medium term activities with options to expand on its onshore activities and holdings in the Niobrara oil Resource Play. Trent Spry, CEO, Entek Energy Niobrara
2014 PLANNED ONGROUND ACTIVITY BATTLE MOUNTAIN AMI Interpretation of new 3D Seismic Drilling of 3 Horizontal wells Prepare for Phase II (Colorado) 3D Seismic Survey FOCUS RANCH UNIT AMI Consolidate working interest partners…
EVOLUTION OF SHALE PLAYS Slide Title Entek is due to enter a re-rating phase as shown by historical peer performance Aurora Oil & Gas Eagle Ford Shale 1,000 Technology Development Stage Optimization Stage Share Price Performance…
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