DUG Australia Cross-border Joint Ventures Phil Thick, NSE Managing Director August 2014
Company overview Corporate overview New Standard Energy ASX:NSE Ordinary shares 386.2m NSE share performance over past twelve months Options and performance shares 21.2m Market capitalisation 46m (at 0.12c per share) Cash…
Diversified asset portfolio US Assets - Eagle Ford, Texas Immediate 5,641 net acres cashflow and Volatile oil/oil windows development 7 producing wells 50-60 additional well locations Short to mid term South Australian Assets…
Growth strategy and focus Major business Diversified asset Alliance with restructure portfolio Magnum Hunter Primary focus - Eagle Ford Grow the business - Drive the value Accelerate drilling Increase acreage Increase production…
Driving Eagle Ford value creation Key value drivers for Eagle Ford Increase daily production - targeting 1,500 Boepd (mid 2015), 2,000 Boepd (end 2015) (production generally valued at US75,000 US100,000 per flowing Boepd) Increase…
Eagle Ford, Texas New Standard acreage 5,641 net acres 6
Eagle Ford, Texas Atascosa County 7
US assets Eagle Ford, Texas A unique operating model with Magnum Hunter building the foundations of a strong business alliance NSE retains Operator status and control of the program contracting Magnum Hunter under a Services Agreement…
US assets delivering on the objectives Secure debt funding for current and future drilling operations Debt facility negotiated with Credit Suisse for up to US45 million First draw of US9 million made with future draws to be subject to…
US assets key economic drivers Peeler-5H Peeler-6H Target for future wells Total Cost 6.5 mill Total Cost 6.5 mill Total Cost < 6.5 mill 20 frac stages 20 frac stages 20 stage fracs IP24 705 Boepd IP24 758 Boepd IP24 700 Boepd IP30…
South Australian assets Cooper Basin New Standard has secured a prime operated acreage position within the rapidly emerging Cooper Basin with proven prospectivity Cooper Basin Snapshot PEL570 in the heart of the Patchawarra…
PEL570 prime Cooper Basin location PEL570 - surrounding permits and wells 13
Increasing corporate and drilling activity in basin Drillsearch (Aug 2014): On-market takeover of Ambassador Oil and Gas valuing Ambassadors 47.5% (carried) working interest at A48.7 million or 1,020,000 per point. Drillsearch (Aug…
Schematic cross-section of Patchawarra Trough highlighting basin centred gas play NW SE Schematic Only, Not To Scale 15
PEL570 - the way forward Work with Magnum Hunter and our PEL570 partner to develop a true unconventional work program Work with the Regulator to agree a revised work program that is appropriate for unconventional development Plan…
Western Australian assets Manage capital and retain upside The WA assets remain highly prospective and offer substantial potential upside to NSE and our partners, however: Early stage, high risk and subject to infrastructure and…
For more information contact: Phil Thick, Managing Director +61 8 9481 7477 infonewstandard.com.au
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