The New New Standard Energy Phil Thick, Managing Director April 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 60m (at 0.155c per share) Cash (net)…
Experienced Board and Management NSE Board NSE Management Arthur Dixon AM - Chairman Greg Carlsen Exploration Manager 40 years with Shell in LNG, gas marketing and project development. Geologist and geoscientist with extensive onshore…
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 Eagle Ford acreage, Immediate…
Business Strategy Growth strategy driven Capital expenditure on Utilise Magnum Hunters and underpinned by US Eagle Ford the priority in experienced team to drill drilling success and Refocus on new three 2014. Cooper and WA Eagle…
Strategic objectives Eagle Ford Laying the foundation for the growth and development of the asset portfolio 1. Complete two wells and maximise production and reserves 2. Lock in debt funding to cover cost of first two wells, with…
Strategic objectives - Australia Frontier projects with huge potential upside South Australia Cooper Basin Western Australia Canning / Carnarvon XXXXXXX Basins 1. Planning and execution of seismic for 1. Continue planning for…
Eagle Ford Asset Summary Acreage snapshot and valuation 5,182 net acres in the prime Eagle Ford play in Atascosa County, Texas, US Includes five producing wells with existing cashflow (recent production 300 BOEPD) Wells are…
Eagle Ford Reserves Proved Total Total Total * Net Proved Developed 1P Probable 2P Possible 3P Reserves Undeveloped Producing Reserves Reserves Reserves Oil Mbbl** 282.8 798.4 1,081.1 798.4 1,879.5 7,850.0 9,729.4 Gas MMcf***…
Eagle Ford Oil Window in Atascosa New Standard acreage (5,182 net acres) EOG BHP -Petrohawk Chesapeake Goodrich Cabot Oil Window Chesapeake GOR < 750 Talisman Newfield Chesapeake Anadarko Talisman…
NSE and offset operator acreage NSE 11
Eagle Ford acreage Peeler Ranch Lease is in secondary term and subject to continuous drilling clauses (one well every six months) 10 potential additional Eagle Ford well locations New Standard has just drilled two wells…
Eagle Ford acreage Alright Prospect Lease is in primary term until 2015 Secondary term; retain all mineral rights through continuous drilling (one well each six months) 50+ potential Eagle Ford well locations on 650 spacing…
Well improvements over time Atascosa County Cumulative Production vs Days Produced Comparison to CG&A* Standard Type Curves 120000 * CG&A refers to Cawley, Gillespie & Associates who are independent reserves certifiers 100000…
Cooper Basin asset summary NSE has executed a farm-in agreement with Ambassador Oil and Gas Ltd (ASX: AQO) to assume 52.5% equity in PEL570 (2,400km2) through farm-in agreement 42.5 million spend by NSE (100%) over permit life,…
Cooper Basin Asset Overview PEL570 Cuttapirrie Napowie Pondrinnie Wimma Positive pressure cell whereby generation and expulsion of HC is greater than migration Over-pressured by definition 16
Cooper PEL570 Adjacent Positions Surrounded by major players with acreage in proven hydrocarbon bearing formations, with ability to access East Coast gas market using existing infrastructure already in place within the Cooper Basin…
Canning & Carnarvon asset summary Western Australian assets remain integral to the overall portfolio but now form part of a broader group of assets A diversified portfolio of attractive exploration assets in WA across three…
Catalysts Debt financing in place to Production results from First two wells cover first two wells, first two wells at IP rates Peeler 5 and 6 with second tranche in Q3 higher than previous wells drilled successfully in to cover…
For more information contact: Phil Thick, Managing Director +61 8 9481 7477 infonewstandard.com.au