Slide 1 Exciting Prospects for 2015 Analysts Meeting Ticker: INFA (AIM) 02 December 2014
Slide 3 Overview UK focused conventional explorer Over 200 million barrels of oil (MMBO)1 net InfraStrata P50 prospective & unclarified contingent resources 2015 high impact operated drilling programme inflection point in the…
Slide 4 InfraStrata assets 2015 drilling programme Islandmagee -1 Woodburn Forest -1 California Quarry -1 December 2014
Slide 5 Northern Ireland exploration licences 1,300 km2 in central Larne-Lough Neagh Basin Only 6 exploration wells drilled in Permo-Triassic basins over 40 years 1 discovery Reason for limited exploration to date: basalt at…
Slide 6 InfraStrata acquired 400 km of new seismic data in 2011 and 2012 - led to the identification of numerous previously unidentified prospects Woodburn Forest Prospect Seismic acquisition in 2011 Top Permian Sandstone…
Slide 7 Successful seismic imaging below basalt by InfraStrata Woodburn Forest-1 first exploration well 2015 WSW ENE Antrim Basalt cover (onshore) Woodburn Forest-1 Top Lower Permian Sandstone 40km seismic line across onshore…
Slide 8 Dorset exploration licences 900 km2 undeveloped discoveries being evaluated Very good acreage position adjacent to producing oilfields InfraStrata believe that the basin may ultimately produce over 700 MMBO, of which 100…
Slide 9 New seismic data processing will unlock potential in P1918 Exploration/appraisal well 2015 Wytch Farm Oilfield Kimmeridge Oilfield Colter Prospect Purbeck Prospect Purbeck Lead (Bridport) (Sherwood) Top Bridport Depth…
Slide 10 North Sea new exploration licence 28th Round Award Oulton discovery next step to farmout a 2017 well Womack Prospect Oulton Discovery Womack Prospect Oulton Discovery Undeveloped Oulton oil accumulation estimated…
Slide 11 InfraStratas net resources potential Summary Basin Licences Operator Working First well Total prospective & unclarified Interest (%)4 in licences contingent resources in licences (net InfraStrata) - MMBO Larne-Lough Neagh…
Slide 12 Pilot exploration task force - DECC & Oil & Gas UK Identified new and underexplored plays in UKCS to add significant resources PL1/10 PL1/10 & P2123 P1918 December 2014
Slide 13 Islandmagee gas storage project 50% EU Grant for Islandmagee-1 well 2015 Planned 500 million cubic metres (mcm) fast-acting salt cavern gas storage facility will meet the greater demands placed on the gas network to support…
Slide 14 Islandmagee gas storage project Key NI infrastructure project Asset Profile Competitive Advantages Location: Larne Lough, N.I. Favourable geology Storage Type: 7 Salt caverns Proximity to all key infrastructure (CAPEX)…
Slide 15 Current financial overview Balance sheet Net asset position - 10.7 million (31 July 2014) Non-current assets 10.4 million (31 July 2014) comprising: Exploration 3.8 million, Gas storage development 3.6m, Associates (40% of…
Slide 16 Summary of the figures for year ended 31 July 2014 Loss after tax 1,246,701 (2013: 1,642,760) Administrative expenses 1,331,350 (2013: 2,002,080). Cash cost of management and administration 1,126,482 (2013: 1,098,695)…
Slide 17 Funding strategy Exploration - Carry on well costs New business Gas storage Funding - Match funding to opportunity - New partners to develop/fund - Never overstretch management or project Strategy cash resources…
Slide 18 Summary Significant conventional prospective and unclarified contingent resources High impact drilling programme in 2015 Seeking to build portfolio of exploration projects primarily through front-end capture and funding…
Slide 19 Appendix December 2014
Slide 20 InfraStrata executive directors Andrew David Hindle, Chief Executive Officer Experienced geologist with 30 years worldwide oil and gas experience Texaco from 1985 until 1996 on UK and international petroleum exploration and…
Slide 21 Major shareholders (3%) Ticker: INFA (AIM) Ordinary Shares in issue: 99,491,599 %* JP Morgan Asset Management Holdings Inc. 18.26 Mr Andrew Hindle 7.46 Mr Mark Abbott 6.92 Maven Income and Growth VCT 5 PLC 3.80…
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