Corporate Update June 2014 Jack Howe 1 Coring Lower Woodbine Govert van Ek Managing Director
Sun Continues Transformation Last 15 months.. Improved Strategy Drilling acres to convert Prospective Resources to 3P Reserves. Added 5000 Net acres in our area of local expertise Gained Operatorship and growing relations with high…
Sun Now In Woodbine And Eagle Ford Oil Shales East Woodbine: Texas Sun Oil field Eagle Ford : Sun Eagle Ford: Strike, Sundance, Aurora
Sun has Substantial Woodbine Position (19,000 Net Acres) DELTA, Petro- Hunt 910 net acres DELTA, 100% Sun 11,026 net acres BEELER 230 net acres AMERRIL 50% Sun 5,000 net acres NORMANGEE Sun 50% 1,976 net acres &…
Added New 5,000 Net Acre Eagle Ford Position Source: Sun
Woodbine General Activity Increasing activity around Suns lease areas by Large Petro Hunt and Sun US oil & gas companies form 7,832 acre AMI Well set to spud shortly Buffalo Oil Field Sub-Clarksville sand Alabama Ferry: Oil Leon in…
Suns South Woodbine Position SW Leona Normangee Sun 50%WI Sun 50%WI EOG Woodbine Well New Zeus 1H 4 New Contango Wells: EOG Woodbine Wells 30-day IPs (90% oil) from New Wells: 400-800 boepd per well Sully 1H, Well costs…
Suns Prospective Value Halcn Acquired 100% of the PMO field for US500mm: Equivalent to US35,000 per acre covering 14,500 acres; One zone Only Aurora Oil & Gas sold for 2billion, net of debt : Equivalent to US90,900 per acre across its…
Near Term Activity - Petro-Hunt Well 900 net acres in Petro-Hunt AMI (Sun 25%WI) Petro-Hunt is a experienced operator. Area of Petro-Hunt Adjacent to proven oil production from old AMI with Sun vertical Lower Woodbine wells. Davis 1…
Near Term Activity Normangee Vertical pilot well Amerril Project: drilled successfully in SW Leona Area April 2014 by Sun. T. Keeling & Seale 1H Lower Woodbine Oil Jack Howe Lateral EOG Lower Woodbine expected to follow. Ellison…
Near Term Activity SW Leona Area - Lower Woodbine Sun has 3,500 net acres in this location. Attempting to resolve outstanding issues with current Operator (Amerril) after problematic 2-well campaign in 2013 - Sun investigating…
Badger Project Ursa Resources Group II 10,028 gross acres = 5,014 net acres to Sun 50%WI Diversified into Eagle Ford Shale. Ursa 50% and Operator. Sun leases 75%NRI. First Lateral well planned for mid- Q4 2014. Targeting Combo-zone:…
Corporate Information CAPITAL STRUCTURE 12-MONTH SHARE PRICE HISTORY Ordinary shares (ASX:SUR) 2,645 million Performance Options 1 140 million Unlisted Options (various prices) 2 75 million Market capitalisation (at 1.7 cents) 45…
Suns Team Suns Senior Operations Team Govert van Ek Steve Smith Matt Battrick MANAGING VICE GENERAL DIRECTOR PRESIDENT, MANAGER - USA TECHNICAL 34 years upstream industry Formerly CEO of Spyker Energy PLC 36 years 0il and…
Contact Sun, or visit the website for further information Govert van Ek Managing Director Sun Resources NL www.sunres.com.au L2, 30 Richardson Street t: (+61) 8 9321 9886 West Perth m: (+61) 405 370 994 WA 6005 f: (+61) 9321…