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IPAA OGIS Presentation – Enhanced Oil Resources, Inc.

Enhanced Oil Resources, Inc. · Oct 1, 2013 · 22 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. IPAA OGIS Presentation – Enhanced Oil Resources, Inc. – slide 1
    Enhanced Oil Resources Inc. (TSX.V: EOR; OTCQX: EORIF) IPAA OGIS Presentation October 2013
  2. IPAA OGIS Presentation – Enhanced Oil Resources, Inc. – slide 2
    Company Vision To become a leading energy producer in the Permian Basin through continued development of our legacy oil fields utilizing down spacing, horizontal drilling and CO2 flooding. TSX-V:EOR www.enhancedoilres.com 3
  3. IPAA OGIS Presentation – Enhanced Oil Resources, Inc. – slide 3
    Asset Location Northwest Shelf San Andres Platform Carbonate Play (after BEG & NMBGMR)
  4. IPAA OGIS Presentation – Enhanced Oil Resources, Inc. – slide 4
    Investment Highlights Corporate Profile TSX.V (EOR) and OTCQX Exchange (EORIF) listed 160 mm shares outstanding 180 mm fully diluted Current share price 0.07 Market Cap 11 million 6.3 million cash in bank (0.04 per share) Zero Debt…
  5. IPAA OGIS Presentation – Enhanced Oil Resources, Inc. – slide 5
    Strategy for Growth Near Term (12 mths) Mid Term (1-3yrs) Longer Term (5+ yrs) Increase oil production and reserves Continue multi year horizontal CO2 Flood 6,000 acre sweet through initiating infill drilling of drilling program…
  6. IPAA OGIS Presentation – Enhanced Oil Resources, Inc. – slide 6
    Oil and Gas Reserves Overview (12/31/2012) Net Oil and Gas reserve base (MMBbls) PV-10 ( in Millions) PDP 23% 0.72 mmbo PUD PUD 36% 71% 19.2mm 2.2 mmbo Proved Reserves: PV-10: 3.1 MMBbls * 54.2 million * * 12/31/12…
  7. IPAA OGIS Presentation – Enhanced Oil Resources, Inc. – slide 7
    Goals for 2013: Expand our technical evaluation team Complete sub surface log normalization studies (Nutech) at both Milnesand and Chaveroo Continue our 20 acre infill program where necessary at Milnesand and Chaveroo Add reserves…
  8. IPAA OGIS Presentation – Enhanced Oil Resources, Inc. – slide 8
    Total EORI Production
  9. IPAA OGIS Presentation – Enhanced Oil Resources, Inc. – slide 9
  10. IPAA OGIS Presentation – Enhanced Oil Resources, Inc. – slide 10
    NuTech Project 1. Petrophysical evaluation MSU 2. 100 wells 141 3. Provide structure, Isopach, MSU 522 perm, porosity, OOIP, water saturation 4. Start date: 3/1/2013 5. Completed: 5/1/2013 ALL Horton Volumes MSU Total Federal…
  11. IPAA OGIS Presentation – Enhanced Oil Resources, Inc. – slide 11
    130 MMBO OOIP
  12. IPAA OGIS Presentation – Enhanced Oil Resources, Inc. – slide 12
    12 MMBO PRODUCED TO DATE
  13. IPAA OGIS Presentation – Enhanced Oil Resources, Inc. – slide 13
    MSU 141 MSU 522 118 MMBO ROIP
  14. IPAA OGIS Presentation – Enhanced Oil Resources, Inc. – slide 14
    MSU 141 Lateral 2750ft (2 offsetting 20 acre locations) Excellent oil shows while drilling TSX-V:EOR www.enhancedoilres.com 15
  15. IPAA OGIS Presentation – Enhanced Oil Resources, Inc. – slide 15
    MSU 522 Lateral 2750ft (2 offsetting 20 acre locations) Excellent oil shows while drilling TSX-V:EOR www.enhancedoilres.com 16
  16. IPAA OGIS Presentation – Enhanced Oil Resources, Inc. – slide 16
    Milnesand Horizontal Performance Comparison to Shafter Lake Typewell
  17. IPAA OGIS Presentation – Enhanced Oil Resources, Inc. – slide 17
    San Andres Horizontal Drilling Economics D + C Cost MM/well 3.0 BOPD Lateral Length 4,500ft 200 180 Frac Stages 10-12 160 140 EUR (P50) 180 MBO 120 ROI 1.9 100 80 NPV (10%) MM 2.7 60 ROR % 50 % 40 20 Oil Price 83 0 1 7 13 19 25…
  18. IPAA OGIS Presentation – Enhanced Oil Resources, Inc. – slide 18
    PROPOSED 1ST 2 LATERALS JENNIFER 31, 46 JENNIFER AREA WELLS 31 46
  19. IPAA OGIS Presentation – Enhanced Oil Resources, Inc. – slide 19
    280 MMB OOIP
  20. IPAA OGIS Presentation – Enhanced Oil Resources, Inc. – slide 20
    25 MMBO PRODUCED
  21. IPAA OGIS Presentation – Enhanced Oil Resources, Inc. – slide 21
    255 MMB ROIP PROPOSED 1ST 2 LATERALS JENNIFER 31, 46 JENNIFER AREA WELLS 31 46
  22. IPAA OGIS Presentation – Enhanced Oil Resources, Inc. – slide 22
    Why take a look at Enhanced Oil Resources Early stage multi well horizontal infill program to start 4Q13/1Q14 Undervalued Trade at slight premium to our cash value No value for high potential growth projects or current production…

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