For personal use only www.austinexploration.com WORLD CLASS ASSETS. WORLD CLASS PEOPLE. 1
Executive Summary For personal use only World Class Word Class World Class Assets Technical Team Commercial Team Colorado Pathfinder Niobrara Mr. Richard Cottee (USA) Chairman of the Board Dr. Mark Hart CEO & Managing…
Significant US and Australian Assets For personal use only Highly prospective Niobrara and Eagle Ford Shale assets where multiple wells are planned for the coming months and a Cooper Basin Joint Venture. Niobrara Shale…
Austin Exploration - Overview For personal use only Large shale resources in proven US hydrocarbon basins Niobrara shale in South Colorado 21.76 MMbbls oil & 4.00 MMboe gas Estimated Ultimate recovery ( P50 Gustavson Associates)…
Austin Exploration - Overview For personal use only Existing conventional assets cover operational overheads Texas, Mississippi & Kentucky assets provide cashflow In excess of 110.0 bbls/d average cashflow covers salaries and…
Investor Highlights For personal use only Key Considerations Comments Large ownership interests (93.5% Texas Eagle Ford / 85% Colorado Niobrara) Colorado P90 Recoverable 16.94 MmBbl + 3.1 MMboe gas ( Gustavson Associates TWO WORLD…
Corporate Snapshot For personal use only Corporate Statistics AKK 12 Month Historical Price Performance Shares On Issue (ASX : AKK) 1.5b Market Capitalisation .03 45m Total Options 1.0b Cash 12m Debt Nil Enterprise Value *57m…
Experienced Board of Directors For personal use only Mr. Richard Cottee, Chairman of the Board Mr. Cottee is the former CEO of the one of Australias most successful oil and gas industry growth stories Queensland Gas Corporation, and…
Experienced Board of Directors For personal use only Mr. Nigel Hartley, Non-Executive Director One of Australias foremost oil executive, 20 year veteran with ASX-listed Oil Search (8.1bl ASX listed company). Mr. Hartley has been…
Deep US-Based Management Team For personal use only Board of Directors ASX & NY-OTCQX AUSTIN EXPLORATION LTD. Listed U.S.A. Based AUSCO PETROLEUM INC. Subsidiary VP OF ENGINEERING General Manager General Manager General…
Niobrara Project 85% of 11,500 acres For personal use only General Manager: Ms Ola Akrad Fremont County, Colorado USA First oil produced in 1862 Austin Exploration is the first company to drill a horizontal well in the Niobrara…
Niobrara - Pathfinder C 11-12 State-of-the-art engineering techniques driving success and value For personal use only Austin Exploration is the first company to recently successfully drill through the highly fractured and…
Comparison of Austin Explorations Pathfinder Well to Averages of Niobrara in the DJ Basin For personal use only *AusCo Pathfinder Parameter Well Northern DJ Net Pay Thickness (ft) 95.00 40 Gross Thickness (ft) 500.00 150 - 300…
Niobrara - Pathfinder C-11-12 1 Logs comparable to best producing wells in the DJ Basin** For personal use only A 5,175 B 5,221 C 5,303 High, Mature, Oil Window TOC Presence of Natural Fractures High Porosity and…
Texas Birch Project 93.5% of 5000 acres For personal use only General Manager: Mr Aaron Goss Location Burleson county, Texas Targets: Eagle Ford , Austin Chalk & Taylor Sands gas formation Oil/wet gas window Excellent initial…
Texas Birch Project Drilling Recent/nearby by major oil companies in close proximity activity For personal use only Burleson County Clayton Williams Smalley-Robinson Unit 1, IP=492 BOPD Clayton Williams Clayton Williams…
Mississippi Oil Project 50/50 Partnership with Mississippi based operator For personal use only 100% Success rate in Mississippi Approx 67,000 Barrels of oil produced and sold (Brent price) since partnership began in 2010…
Kentucky Exploration Inc 50/50 Joint Venture with private Australian Investment Group For personal use only General Manager: Mr Tim Hart Producing 20 25 BOPD Engineering plans to drill the Companys first horizontal well are…
Kentucky Exploration Inc Low risk, low cost and highly economical For personal use only Estimated Barrels of Monthly Net Revenue ROI Production Oil/Month (85 WTI, 75% NRI) (Months) (BOPD) (BOPM) 10 304 19,380 23 20 608 38,760 12…
PEL 105 Cooper Basin Project Huge upside potential For personal use only Location Cooper Basin, Australia Acreage: 5,000 acres Targets: Patchawarra and Tirrawarra formations Interest: AKK holds a 50% working interest…
2012-13 Drilling Schedule For personal use only Q4/12 Frac 4000ft Niobrara 2 Horizontal in Colorado Q4/12 Birch 1 Krueger vertical well : Perf & Frac Taylor sand and produce. Infrastructure nearing completion Q4/12 Complete and…
Summary For personal use only Attractive high prospective assets in US and Australias proven hydrocarbon basins Drilling Program 2012-13 fully funded through Austin fiscal year - no requirement for additional CapEx Producing wells…
Corporate Information For personal use only Austin Exploration Limited Auditor Level 1, 160 Queen St. Grant Thornton Melbourne, VIC, 3000 Level 2, 215 Spring Street Australia Melbourne, VIC 3000 (614) 1903 5297 Phone (03) 8663 -…
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