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Investor Presentation – Westbridge Energy

Westbridge Energy · Feb 5, 2015 · 29 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. Investor Presentation – Westbridge Energy – slide 1
    Westbridge Energy Corp. Solid Foundation for Growth, February 2015 TSX.V: WEB FRANKFURT: PUQ1
  2. Investor Presentation – Westbridge Energy – slide 2
    Investment Highlights Low Cost Overlooked and Highly Conventional Misinterpreted Generative Projects Plays Team Rigorous Debt Free Attractive Share Expenditure and Balance Sheet Structure G&A Controls TSX.V: WEB…
  3. Investor Presentation – Westbridge Energy – slide 3
    2015 Strategic Priorities Rationalize Build acreage project portfolio over key plays Focus highest Lease bank potential assets arrangements Focus Expand Activities Acreage Drill Attract Multiple Capital Wells Partners Low…
  4. Investor Presentation – Westbridge Energy – slide 4
    Access to World Class 2D Seismic Westbridge has the right to participate in prospects generated from a dataset spanning the equivalent of 4x around the world 100,000 linear miles of 2D data licensed from ExxonMobil 500+ drill…
  5. Investor Presentation – Westbridge Energy – slide 5
    Highly Experienced Board of Directors Name and Position Background Mark Frewin Over 25 years of legal and financial experience with an expertise in resources. Chairman Previously Partner of McCarthy Ttrault, based in their London…
  6. Investor Presentation – Westbridge Energy – slide 6
    Focused Management Team Name and Position Background Darren Collins Over 8 years of public markets experience focused on extractive industries. Previous President, CEO and experience with Alegro Capital, Scotia Capital, and Quest…
  7. Investor Presentation – Westbridge Energy – slide 7
    Experienced US Technical Partners Name and Position Background Michael Looney Over 38 years of experience as a petroleum geologist and geophysicist President of Black Pearl Previously with ExxonMobil, Hunt Energy, Terra Resources, and…
  8. Investor Presentation – Westbridge Energy – slide 8
    Attractive Capital Structure Symbol - TSXv WEB Share Price 1 0.05 Basic Shares (m) 31.0 Warrants (m) 13.8 Options (m) 2.8 FD Shares (m) 47.6 Market Capitalization (m) 1.55 Cash Basic (m) 2 0.15 Debt NIL Notes: (1) As…
  9. Investor Presentation – Westbridge Energy – slide 9
    Play Trend Opener: Lavaca County Project, Texas TSX.V: WEB FRANKFURT: PUQ1 8
  10. Investor Presentation – Westbridge Energy – slide 10
    Play Trend Opener Conventional oil & liquids rich gas in Lavaca County, Texas. Significant low cost production potential estimated to be highly economic in current price environment Lavaca 3D, Eagle Ford Extension Play Highlights…
  11. Investor Presentation – Westbridge Energy – slide 11
    Extensive 3D Coverage Coherency Slice from 3D Seismic Over Lavaca AMI Highlights Base of Middle Wilcox Erosional Sequence Upwards of 50 leads and prospects in total Geophysical attributes along with integration of the well…
  12. Investor Presentation – Westbridge Energy – slide 12
    Well-known Analogs SPEEDWELL O & G CITIES SERVICE CITIES SERVICE CITIES SERVICE EXXON White 1 White 1-S Heinsohn 1-A White 1-R South Dubina 1 Unit 2 W E -8400 -8400 Middle Wilcox -8600 Shale Filled -8600 Erosional Channel…
  13. Investor Presentation – Westbridge Energy – slide 13
    Numerous Identified Drill Targets Over 50 leads and prospects based on analog fields (Dubina, Valentine, Menking and Kinkler Fields) TSX.V: WEB FRANKFURT: PUQ1 12
  14. Investor Presentation – Westbridge Energy – slide 14
    Proven Producing Field: Bivens Field, Louisiana TSX.V: WEB FRANKFURT: PUQ1 13
  15. Investor Presentation – Westbridge Energy – slide 15
    Proven Producing Field Bivens Field was discovered by Black Pearl in 2010 and is located to the south of Neale Field; an analog field with significant historic production and reserves Location of Bivens Field and Regional Activity…
  16. Investor Presentation – Westbridge Energy – slide 16
    Multiple Stacked Pay Sections 2P Oil1 2P Gas1 Sand Composite Pay Log (MBO) (BCF) OM2 Up to 17 stack pay zones at Well 620 2.7 10,600' 78 0.826 10,700' Bivens Field 2 confirmed in OM2 well 301.5 1.4934 11,300' 9…
  17. Investor Presentation – Westbridge Energy – slide 17
    Stratigraphic Cross Section NEALE FIELD Produced 13+ MMBO From 6 Lower Wilcox Sands Oil Productive * Gas/ Condensate Productive * Gas/ Condensate Shows BIVENS NORTH FIELD BIVENS FIELD Tested 13,200 Lower Wilcox Sand…
  18. Investor Presentation – Westbridge Energy – slide 18
    Numerous Drill Locations Structure Maps Highlights Map of 11,300 Foot Sand Map of non-pressured -11,250 development locations Wells designed to test -11,177 150/-10,166 the Middle Wilcox 1 2 -11,160 11,300 Sand through…
  19. Investor Presentation – Westbridge Energy – slide 19
    Proven Oil Play: Wharton County Field, Texas TSX.V: WEB FRANKFURT: PUQ1 18
  20. Investor Presentation – Westbridge Energy – slide 20
    Proven Production Potential Wharton Field was discovered by BPH in 2010. The field has proven oil production potential and significant upside with additional wells Location of the Wharton County Field Project Highlights Boling Salt…
  21. Investor Presentation – Westbridge Energy – slide 21
    Proven Pay with Significant Upside SEV Earl Gary 2 BLACK PEARL CINNAMON ISLAND Gary Heirs 3 Compressed Structural Cross Section SEV Gary Heirs 1-ST SEV Gary Heirs 1 -9450 -9450 -9500 -9500 -9550 -9550 A FARO…
  22. Investor Presentation – Westbridge Energy – slide 22
    Multiple Follow-up Targets Five follow-up locations Wharton Field Probable Locations STRUCTURE MAP Mis-correlation by previous operator in Wharton 2 40 Acre Spacing Top 9600 Frio well. 9600 Frio was never sidewall cored or tested…
  23. Investor Presentation – Westbridge Energy – slide 23
    Hydrocarbon Exploration Frontier: Offshore, Namibia, Africa TSX.V: WEB FRANKFURT: PUQ1 22
  24. Investor Presentation – Westbridge Energy – slide 24
    Hydrocarbon Exploration Frontier 22,484 km2 of licenses located in the heart of the oil proven Walvis Basin, offshore Namibia. Acreage is adjacent to notable African explores, Tullow Oil plc and Repsol Acreage Position and Regional…
  25. Investor Presentation – Westbridge Energy – slide 25
    Brazil / Namibia: Bridge to Discovery Albian Cenomanian 110 Ma 95 Ma Cenomanian- Albian Maastrichtian 90 Ma 75 Ma Technical analysis shows that the Santos and Walvis Basins share similar oil types, geologic histories and…
  26. Investor Presentation – Westbridge Energy – slide 26
    Extensive Data Coverage Over 10,000 line km of new and historic 2D seismic lines covering the licenses (to be acquired for TGS) 1811B: 20 new lines shot (red) Highest amount in Walvis Basin 11 historic lines (black) Over 35% is…
  27. Investor Presentation – Westbridge Energy – slide 27
    Investment Summary TSX.V: WEB FRANKFURT: PUQ1 26
  28. Investor Presentation – Westbridge Energy – slide 28
    Numerous Investment Catalysts 1) Low Cost Conventional Focus 2) Attractive Capital Structure Economic projects in current Tight share structure with market conditions supportive shareholders Expanding acreage position Debt free…
  29. Investor Presentation – Westbridge Energy – slide 29
    T H A N K Y O U Corporate Office: Suite 530-625 Howe Street Vancouver, British Columbia Canada V6C 2T6 www.westbridgeweb.com Tel: +1-604-638-9378 Fax: +1-604-638-9379 TSX.V: WEB FRANKFURT: PUQ1

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