New Zealand Energy Corp. · TSXV:NZ
New Zealand Energy — Investor Presentation (September 2011)
27 slides from New Zealand Energy's investor presentation, September 2011
Slide 1: New Zealand Energy Corp. Corporate Presentation September 2011
NEW ZEALAND ENERGY CORP. NewCorporate Zealand Energy Corp. Presentation September 2011
Slide 2: Forward-Looking Statements
Forward-Looking Statements New Zealand Energy Corp. This presentation contains forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively “forward-looking statements”). The use of any of the words “anticipate”, “continue”, “estima
Slide 3: NZEC Investor Highlights
NZEC Investor Highlights New Zealand Energy Corp. • Exploring conventional and unconventional petroleum and natural gas prospects in New Zealand • 5 permits covering 2 million acres exposure to 194 mmboe conventional and 478 mmboe unconventional prospective resource1 • First discovery well tested
Slide 4: Current Capitalization
Current Capitalization New Zealand Energy Corp. Current Shares Outstanding 100,609,105 Options (Exercisable at $1.00) 4,828,000 Advisor Warrants (Exercisable at $1.00) 657,315 Fully Diluted Shares Outstanding 106,094,420 NZEC Copper Moki-1 • ~$24.0 million net working capital (September 2011) Discov
Slide 5: Senior Management and Directors
Senior Management and Directors New Zealand Energy Corp. John A. Greig D. Kenneth Truscott Hamish J. Campbell Chairman, Director Director Director (42 years experience) (30 years experience) (26 years experience) John G. Proust Bruce G. McIntyre CEO, Director President, Director (26 years experience
Slide 6: Why New Zealand?
Why New Zealand? New Zealand Energy Corp. • Proven hydrocarbon East Coast Basin systems with multiple basins Extensive shale potential analogous to and numerous prospective Bakken, Eagle Ford formations • Favorable royalty and tax structure • Proactive Government approach to oil and natural gas expl
Slide 7: Two Million Acres of Prospective Permits
Two Million Acres of Prospective Permits New Zealand Energy Corp. Taranaki Basin East Coast Basin • 2 permits (152,066 • 3 permits (1.8 net acres) million net acres) • 730 million barrels • 22.3 billion barrels OOIP1 Copper Moki-1 OOIP1 • 66.6 million barrels discovery well • 478 million barrels con
Slide 8: Taranaki Basin Oil and Gas Fields
Taranaki Basin Oil and Gas Fields New Zealand Energy Corp. Gas Field • Highly productive oil and natural Ultimate (Remaining) Reserves Oil Field gas basin with 18 producing fields Ultimate (Remaining) Reserves • NZEC exploration/exploitation model 1. Identify prospects using proprietary database 2.
Slide 9: 2011 Taranaki Activity
2011 Taranaki Activity New Zealand Energy Corp. TAG Oil Ltd. New Zealand Energy Corp. June 2, 2011: TAG announces Q3-2011: NZEC Copper Moki-1 Well Sidewinder-3 light oil & gas • 48-hour test flowed 41.8 API oil at discovery consistent rate of 1,100 barrels/day and • Stabilized flow rate of 1,200 boe
Slide 10: NZEC Seismic Database
NZEC Seismic Database New Zealand Energy Corp. Taranaki Basin Focus Area Seismic Coverage NZEC Seismic Database • Map depicts NZEC’s in house database of 2D and 3D seismic covering Eltham, Alton, Cheal, Sidewinder and offsetting pools • NZEC in-country technical team has organized, re- processed and
Slide 11: Taranaki Basin Stratigraphy
Taranaki Basin Stratigraphy New Zealand Energy Corp. Re-Processed and Re-Interpreted Seismic >>> Copper Moki 1 Stratigraphic Framework Copper Moki 1 Discovery Source: King and Thrasher 1996 11
Slide 12: Taranaki Basin Value Drivers
Taranaki Basin Value Drivers New Zealand Energy Corp. • Premier Greater Cheal Area land holder • Numerous prospects with extensive resource potential • Additional permit acquisitions pending • Discovery Production, Resources Reserves • Production at Copper Moki-1 by year-end 2011 • Drill three a
Slide 13: East Coast Basin
East Coast Basin New Zealand Energy Corp. • Over 300 known oil and gas seeps sourced back to two shale Auckland Petrobras formations Permits • East Coast Basin shales analogous to NZEC Westech Energy North American producing shales TAG Oil Oil seep • NZEC has three pending and granted Gas seep permi
Slide 14: East Coast Basin Shale Potential
East Coast Basin Shale Potential New Zealand Energy Corp. Waipawa Whangai Bakken Lias Willesden / North East Coast / New East Coast / New Basin / Jurisdiction Dakota & Paris / Franc Zealand Zealand Saskatchewan Quartz Content (%) 40 - 80 40 - 80 40 - 60 26 - 58 Carbonate Content (%) 5 - 40 5 - 40 10
Slide 15: East Coast Basin – Ranui-1 Re-Entry
East Coast Basin – Ranui-1 Re-Entry New Zealand Energy Corp. Ranui-1 Well - Horizontal Interpretation • Drilled in 2008, encountered 200+ metres of prospective pay in Whangai shale • Re-enter and core well in Q4-2011 MIOCENE WAIPAWA 512m - • Collect additional shale information, identify optimal BLA
Slide 16: East Coast Basin – Exploration Program
East Coast Basin – Exploration Program New Zealand Energy Corp. • Advance technical Auckland understanding of shale Petrobras targets East • Q3-2011 – Drill and core 2 Cape stratigraphic wells on Permit Castlepoint Permit New Plymouth • 2012 – Shoot 50km of 2D seismic on Castlepoint Permit, reproces
Slide 17: New Zealand's Next Oil & Gas Producer
New Zealand’s Next Oil & Gas Producer New Zealand Energy Corp. Aggressive and Efficient Strategy to Become Major Oil & Gas Player 2010 2011 • NZEC founded April • $7M private placement @ $0.25 • Castlepoint Permit • Drilled and cased Copper Moki-1 • East Cape Permit • $5.3M private placement @ $0.75
Slide 18: Value Drivers
Value Drivers New Zealand Energy Corp. • Use in-country expertise to target strategic acquisition and exploration targets • Use North American expertise to advance properties to production • Copper Moki-1 Well • Extended production test • Achieve long-term production by year-end 2011 = cash flow • C
Slide 19: Appendix
New Zealand Energy Corp. Appendix 19
Slide 20: Management
Management New Zealand Energy Corp. Name Expertise Experience • Proven track record of building companies from grass • Chairman, CEO & Director Southern Arc Minerals Inc. John G. Proust, C.Dir roots to advanced development. Specializes in • Chairman , Canada Energy Partners Inc. CEO identifying unde
Slide 21: Directors
Directors New Zealand Energy Corp. Name Expertise Experience John A. Greig, • Founder and financier of numerous mining • Founder, Director & Officer Sutton Resources, Cumberland M.Sc., P.Geo and oil and gas companies. Specializing in Resources Ltd., Eurozinc Mining Corp., Crown Resources Corp. Chair
Slide 22: New Zealand Technical Team
New Zealand Technical Team New Zealand Energy Corp. Name Qualifications Expertise Dr. Ian Brown D. Eng Chief Operating Officer; professional geological engineer B.Sc, June Cahill Acquisition, management, and analysis of complex geoscience data B. Applied Econ. B.Sc (Hons) Bill Leask Petroleum geolog
Slide 23: New Zealand Market for Oil and Gas
New Zealand Market for Oil and Gas New Zealand Energy Corp. New Zealand Market for Oil Oil Infrastructure • Significant net importer of oil • Production of ~55,000 bbl/d exclusively from the Shell Operated Taranaki Basin Export Hub • Current demand is ~150,000 bbl/d • Premium pricing environment • B
Slide 24: Alton Permit Prospects
Alton Permit Prospects New Zealand Energy Corp. Talon-1 well drilled in Q3-2011 • Intersected 75 metres of good Manutahi reservoir but only minor amounts of natural gas – well will not be completed Remainder of 2011 program includes • Drilling a Horoi-1 prospect offsetting the Copper Moki-1 well • F
Slide 25: Eltham Permit Prospects
Eltham Permit Prospects New Zealand Energy Corp. Copper Moki-1 discovery well completed immediately following closing of IPO, advancing toward production • Two offset locations currently identified Remainder of 2011 program includes • Advancing Copper Moki-1 into production • Drilling and testing of
Slide 26: Cautionary Note Regarding Resource Estimates
Cautionary Note Regarding Resource Estimates New Zealand Energy Corp. A prospective resource is defined as those quantities of petroleum estimated, as of a given date, to be potentially recoverable from undiscovered accumulations by application of future development projects. Prospective resources h
Slide 27: Contact
Contact New Zealand Energy Corp. New Zealand Energy Corp. Vancouver Office Rhylin Bailie Vice President, Communications & Investor Relations + 604-601-2010 info@newzealandenergy.com New Zealand Office + 64-4471-1464 www.newzealandenergy.com 27
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