3 Light oil focused junior public company (TSX-V: BOR) 20,800 acre (100% W.I.) core area in the Red Earth area of northwestern Alberta Slave Point light oil play characterized by large OOIP (est. 9.7 MMbbl/sec.*) Federal…
4 Kelly Kimbley, LL.B., President, CEO & Director Over 20 years of industry related experience including as President of Westrock Energy; VP Corp. & Legal Affairs of Velvet Exploration & VP Aboriginal Relations of El Paso Canada…
5 Al Kroontje, P.Eng., Chairman, Border Petroleum Corp. Petroleum engineer with over 30 years of industry experience including the founding, capitalization and restructuring of public & private energy companies. Director of Novus…
6 Market capitalization(1) 41.6 MM Common shares outstanding 333.0 MM Fully diluted common shares(2) 351.0 MM Management holdings (fully diluted) 7.6% Working capital(3) 19.3 MM Bank line(4) Undrawn Production(5) 200 boe/d Reserves…
7 Light Oil Core Area & Properties Minor Properties Core Property: Red Earth - 450 km from Edmonton Devonian Slave Point light oil Red Earth Minor Properties: Leduc - 50 km from Edmonton Norris Leduc Cretaceous/Devonian light oil…
8 Red Earth Core Area 20,800 acres (100% W.I.) (32.5 sections) at Red Earth Federal permit to develop 18,720 acres (29.25 sections) on Loon River Cree Lands 2,080 acres (100% W.I.) (3.25 sections) of Crown lands Approx.120…
9 Red Earth Slave Point Light Oil Play 3.25sections of Crown Slave Point lands 29.25sections of First Nation Lands SlavePoint formation characteristics: 1400 - 1550m depth 15 to 30m pay thickness 3 - 33% porosity Develop…
10 Red Earth Slave Point Activity Approved Waterflood Scheme 02-01-88-12W5 Excellent well control 2,500wells drilled through A Slave Point 379 horizontal Slave Point wells licensed 06-23-87-12W5 2009 2010: 143 06-11-86-10W5…
11 Red Earth Regional Cross Section A 100/02-01-088-12W5/00 100/16-23-087-12W5/00 100/06-11-086-10W5/00 100/01-36-085-10W5/00 100/16-22-085-10W5/00 100/04-02-085-10W5/00 100/02-01-088-12W5/00 100/16-23-087-12W5/00…
12 Red Earth Initial Drilling Program -740.0 -9 00 -84 - 88 On structure & up dip utilizing -70 .0 0.0 1 6 1 6 1 6 1 6 1 6 1 6 0.0 -740.0 0 .0 -8 2 - 76 0.0 existing roads and pad -8…
14 Red Earth Loon Type-Log A A' 100/16-22-085-10W5/00 Storm Enrg Ltd Harvest Oprtns Corp 2004/02/12 6 distinct regional 1375 depositional cycles/facies: Basal dolomite Peloidal grainstone 1400 Cycle 4 Coral…
15 Type Curve & Estimated Red Earth Project Well Economics Per well (1400m leg, 20 frac stages) Slave Point Horizontal IP (bopd) 200 IP/frac 10 Well cost (DCE) (MM) 4.5 Estimated Rec. Res. (Mbbl oil) 210 1st year production…
16 Red Earth Full Field Development Short horizontals drilled to limit capital exposure during 1 6 1 6 initial de-risking phase Plan to drill long leg horizontal 36 31 36 31 wells with 20 frac stages as part of full field…
17 Red Earth The 10-15 Well 100/10-15-85-10W5M Well (the 10-15 Well) Totaldepth: 3,250 meters with 1,630 meter horizontal 10-15 Well characteristics: 952 meters of 3-9% non- reefal porosity 454 meters of 9-33% non- reefal…
18 Red Earth Next Steps 3 stage completion: Multi-stage frac toe of well (porosity approx. 20%) Complete middle of well unstimulated (porosity up to 33%) Again, multi-stage frac heel of well (porosities up to 9%) Wellto be…
19 Red Earth Contingent Resource Summary of the Oil Initially-In-Place and Ultimate Recoverable Oil of Border Petroleum Corps Slave Point Oil Holdings in the Greater Red Earth Area of Alberta (As of May 31, 2012) Company Gross…
20 Red Earth Waterflood Upside Slave Point play characterized by large OOIP Established waterflood adjacent to Loon Block Initial response within 2 months which doubled production within 1 year Forecast RF increase of 50% (1P) and…
21 The Team Proven track record of working with First Nations communities Strong technical ability with extensive experience in the Slave Point The Prize One of the largest contiguous land blocks in the Red Earth area Sproule…
22 Independent Engineers Sproule Associates Limited Banking Alberta Treasury Branches Auditor Collins Barrow LLP Legal Counsel Burstall Winger LLP Registrar & Transfer Agent Canadian Stock Transfer Company Inc. Address 2000,…