New Zealand Energy Corp. · TSXV:NZ
New Zealand Energy — Conference Presentation (September 2012)
17 slides from New Zealand Energy's conference presentation, September 2012
Slide 1: New Zealand Energy Corp. September 2012
ENERGY CORP. q NEW ZEALAND TSX-V: NZ OTCQX: NZERF NewZealandEnergy.com September 2012
Slide 2: Cautionary Notes
Cautionary Notes Forward-looking Statements 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 “upside”, “repeat”, “recruit”, “prove”, “
Slide 3: NZEC Opportunity
NZEC Opportunity Established production, cash flow and reserves • Four consecutive oil discoveries • Three wells in production 165,000 bbl oil recovered in less than nine months, well payback in less than six months • Top-tier operating netback in Brent pricing environment $78/bbl in Q2-2012 1 •
Slide 4: New Zealand Advantage
New Zealand Advantage • Proactive Government approach to exploration and development • Favorable royalty and tax structure higher of 5% royalty or 20% of net accounting profits • Brent pricing environment with top- tier netbacks • Proven hydrocarbon systems with multi-zone potential • Established
Slide 5: Asset Overview
Asset Overview Permit Working Net Acres Prospective Interest Resource 1 Eltham 100% 93,167 32.1 MM bbl Alton 65%2 77,482 45.0 MM bbl Conventional Focus New Petroleum 100% 26,907 Acquisition Licenses pending 3 East Cape Ranui 100% 223,087 40.5 MM bbl Conventional and Castlepoint 100% 551,045 208.6 MM
Slide 6: Taranaki Basin Overview
Taranaki Basin Overview Established conventional basin • Basin producing ~130,000 boe/d from 18 fields • Established oil and gas industry with support services, market access • NZEC permits on trend with existing oil and gas fields Copper Moki • Highly prospective, vastly wells xx underexplored Wait
Slide 7: Copper Moki Site
Copper Moki Site 7
Slide 8: Waitapu Site
Waitapu Site 8
Slide 9: Production Report Card
Production Report Card CM-1 CM-2 CM-3 CM-4 Producing formation Mt. Messenger Mt. Messenger Mt. Messenger Urenui Oil quality 41.8o API 41.8o API 40.0o API 29o API Initiated continuous production December 2011 April 2012 July 2012 Awaiting Cumulative production to August 28 88,809 bbl 57,215 bbl 21,81
Slide 10: H2-2012 Drill Program Underway
H2-2012 Drill Program Underway Copper Moki Waitapu • Drill eight wells x wells conventional x wells by year- end 2012 • Use extensive 3D seismic data to focus on Mt. Messenger and Moki formations 10
Slide 11: Strategic Taranaki Acquisition
Strategic Taranaki Acquisition Upstream Assets • Four Petroleum Licenses covering 26,907 acres, contiguous with Eltham and Alton permits • Data from 27 existing wells • 16 established drill pads, most with oil and gas gathering lines in place Midstream Assets • Waihapa Production Station – includes
Slide 12: Strategic Acquisition – New Leads & Prospects
Strategic Acquisition – New Leads & Prospects Expanded inventory of 3D seismic leads • 93 km2 3D seismic data, 585 km 2D seismic data • 14 Mt. Messenger leads, 8 Urenui leads, 8 Moki leads • 6 leads on 2D seismic, assessment of Kapuni potential underway • Continuing to evaluate seismic and well log
Slide 13: Taranaki Basin – Drilling Inventory
Taranaki Basin – Drilling Inventory Mt. Messenger formation Leads & Prospects Potential Inventory (Wells) Eltham and Alton permits – 3D seismic 6 24 Eltham and Alton permits – 2D seismic 12 48 New Petroleum Licenses – 3D seismic 1 14 56 32 128 Additional leads and prospects identified in Urenui and
Slide 14: Strategic Acquisition – Waihapa Production Station
Strategic Acquisition – Waihapa Production Station • Only open-access midstream facility in Taranaki Basin business opportunities for processing third-party gas, liquids, oil and water Oil handling • Full-cycle gathering and sales Condensate infrastructure tank • Central to NZEC’s inventory of exp
Slide 15: East Coast Basin Oil Shales
East Coast Basin Oil Shales • Over 300 oil and gas seeps sourced back to two oil shale formations • Whangai shale package 300 – 600 metres thick • Characteristics similar to Bakken • Advancing technical understanding of shale targets • NZEC analyzing results from three stratigraphic wells • Recently
Slide 16: Corporate Profile
Corporate Profile Common Shares Outstanding 121.8 million Options (Exercisable at average $1.22) 7.4 million Advisor Warrants (Exercisable at $1.00) 0.7 million Fully Diluted Shares Outstanding 129.8 million Insider Ownership (FD) ~35% 52 Week High / Low $3.79 / $0.90 Average Volume (Q2-2012) ~460,0
Slide 17: Exploration Production Growth
Exploration Production Growth Increase production and cash flow • Achieve 3,000 boe/d by year-end 2012 1 • Generate cash flow from natural gas, liquids and condensate production Aggressive exploration = catalysts for stock • Eight well drilling program underway • Drill at least one well per mont
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