For personal use only www.austinexploration.com A fully funded E&P company with an aggressive growth strategy Our mission is to deliver multiple returns on investment for investors through early entry into large resource…
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 President & CEO…
Significant Worldwide Assets For personal use only Focusing on its highly prospective Niobrara and Eagle Ford Shale assets where multiple wells are planned for the coming months. Continued Engineering focus to increase existing…
Austin Exploration - Overview For personal use only Large Shale Resource Indicates Multiple Return Potential Eagle Ford shale in East Texas 40.0mmbl P50 NI 51-101 resource First Eagle Ford vertical well exceeded pre-drill…
Austin Exploration - Overview For personal use only Existing Conventional Assets Cover Operational Overheads Mississippi & Kentucky assets provide cashflow 60 Boe/d average cashflow covers salaries and operational overheads 44%…
Investor Highlights For personal use only Key Considerations Comments Experienced Board and Richard Cottee recently joined Board as Chairman motivated management Combined 100 years of experience with Standard Oil Company, Consol…
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 26m Debt Nil Enterprise Value 19m…
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 U.S. Based Management Team For personal use only Board of Directors ASX & Austin Exploration NY-OTCQX Australia Ltd Listed Austin Exploration U.S.A. Based North America Subsidiary (Aus-Tex) Head of General Manager…
Niobrara Project For personal use only Location Fremont & Custer County, Colorado T 18-21S, R68-70W Acreage: 11,560 acres Fairly contiguous acreage with a flat terrain Primary target: Niobrara formation Appraisal Plan Drill…
Niobrara Project For personal use only Appraisal, not exploration Surrounded by proven oil production emanating from Niobrara shale Evidence of thick Niobrara section, average Niobrara thickness is 560 feet Evidence of high quality…
Targeted Niobrara Horizontal Well Economics For personal use only Individual Well Profile Individual Well Type Curve Initial 600 BOPD 700 Production 600 EUR (gross) 280,000 Bbls Average BOPD 500 Cost Per Well 5,000,000 400…
Eagle Ford Project For personal use only Location Burleson county, Texas Acreage: 5,000 acres Primary target: Eagle Ford formation Oil/wet gas window Appraisal Plan Successfully drilled vertical well into the Eagle Ford Shale…
Eagle Ford Project For personal use only Appraisal, not exploration Importantly, located in oil/wet gas window of the play Interpreted thickness of 300 feet in Eagle Ford formation Results of 12 nearby wells, all with production,…
Targeted Eagle Ford Horizontal Well Economics For personal use only Individual Well Profile Individual Well Type Curve Initial Production 600 BOPD 700 EUR (gross) 264,000 Bbls 600 Average, BOPD Cost Per Well 6,500,000 500…
PEL 105 Cooper Basin Project For personal use only Location Cooper Basin, Australia Acreage: 5,000 acres Targets: Patchawarra and Tirrawarra formations Interest: AKK holds a 50% working interest Exploration Plan Pirie 1 well…
Current Producing Assets For personal use only Kentucky Mississippi Texas Park City Field Ellislie Yolanda 17 gas wells over 900 acres Adams County, Mississippi Dimmit County, Texas Potential for gas gathering control TD at 6585…
Proven Production Growth For personal use only Significant production growth over short period of time Net Austin Exploration Limited average daily production: 60 BOPD as of Dec. 2011 30,000 25,000 Production, Bbls 20,000…
2012 Proposed Drilling Schedule For personal use only Drilling Activities Proposed 2012 Drilling Schedule (1) Vertical Well Shale 48% Q2 Frac first vertical well in Eagle Ford 52% Q2/Q3 Drill and frac second vertical Eagle Ford…
Peer Comparison For personal use only A peer comparison highlights the significant value uplift possible for Austin as it proves-up its Eagle Ford and Niobrara Shale Projects Source: Hartleys Research 22
Recap Investment Highlights For personal use only World class assets. World class technical team. World class commercial team. Knowledgeable Board and motivated management team with proven track record and significant US…
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 -…
Loading...
