International Frontier Resources Corporation · TSXV:IFR
International Frontier Resources — Shareholder Meeting (June 2013)
22 slides from International Frontier Resources's shareholder meeting presentation, Jun 5, 2013
Slide 1: International Frontier Resources Corporation June 5th, 2013 AGM
[EAR International Frontier Resources Corporation June 5th,2013 AGM
Slide 2: Shares outstanding, working capital and core assets
Shares outstanding – 59.6 million ~ F/D 63.4 million Management ownership – 12% ~ F/D 17% Working capital at June 1, 2013 $2.8 million (no debt) 2013 oil revenue after royalties $650,000 (est. @ $62/Bbl) Tulita area, Central Mackenzie Valley, Northwest Territories. ~ development of existing discov
Slide 3: Discovery wells in the Mackenzie Valley
Summit K-44 Stewart Discovery Well Summit B-44 Testing Stewart D-57 Testing Summit B-44 Discovery Well Mackenzie Valley Sah Cho L-71 Discovery Well
Slide 4: Central Mackenzie Valley under-explored hydrocarbon basin
The CMV is an under-explored hydrocarbon basin that hosts both conventional and unconventional oil & gas plays. The Company is the only publically traded junior company that holds an interest in Significant Discovery Licenses (“SDL”) with exposure to emerging shale oil plays in the Tulita area,
Slide 5: Land Sales
Land Sales 13 licenses awarded in 2011 & 2012 7 licenses posted for the Sept 2013 sale 70 kms. 50 kms.
Slide 6: Emerging Shale Resource Plays
Mackenzie Valley Corridor Gas Province with Proven Reserves IFR Discovery Wells Norman Wells Oilfield production > 260 MMBLS Emerging Shale Resource Plays
Slide 7: CMV - 2013 Parcels Posted
CMV - 2013 5 Parcels Posted 2011 & 2012 Annual Land Sales AREA WORK COMMITMENTS - $627 million SDL - SIGNIFICANT DISCOVERY LICENSE TDL - TULITA DISTRICT FREEHOLD LEASE CMV 2013 1+2 POSTINGS 0 60 120 180 240 _— 1:5,000,000 .* CENTRAL MACKENZIE VALLEY, NWT License Holders. Shell Canada $7MM Norman Wel
Slide 8: CMV - 2013 Parcels Posted
CMV - 2013 5 Parcels Posted CMV 2013 Posting 1 + 2 (Sept 2013 land sale) 0 60 120 180 1:5,000,000 km HUSKY Slater River Norman Wells Oilfield 3D Seismic (220 sq.kms) © ,(270 million barrels) Pi CONOCOPHILLIPS LOON LAKE 0-6 2013 Vertical Well CONOCOPHILLIPS MIRROR LAKE N-20 2013 Vertical Well MGM - S
Slide 9: Industry Focus
Industry Focus Source: Inuvik Petroleum Show June 20, 2012 (Strategic West Energy)
Slide 10: IFR Acreage
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Slide 11: Significant Discovery License #140
Significant Discovery License #140 Husky Oil Operations (operator) – 59.2888% Shale Thickness • Canol - 52 meters (170 feet) Taqa North Ltd. – 32.50% • Bluefish – 25 meters (82 feet) IFR – 8.2112% • Log data indicates Canol is fractured Acreage – 11,380 (17 sections) • B-44 & K-44 wells are cased be
Slide 12: Stewart Lake shale thickness and interests
Shale Thickness • Canol – 100 meters (332 feet) Husky Oil Operations (operator) – 59.2888% • Bluefish– 62 meters (203 feet) Taqa North Ltd. – 32.50% • Logs indicates the Canol is fractured IFR – 8.2112% • Geological reports indicate increased mud gas Acreage – 9,620 (15 sections) with high gamma ray
Slide 13: Sah Cho L-71 well and shale thickness
Shale Thickness Husky Oil Operations (operator) – 75% • Canol – 37 meters (120 feet) thick IFR – 25% • Bluefish – 18 meters (59 feet) thick Acreage – 16,987 (26 sections) • Hydrocarbons shows in the Canol & Bluefish • L-71 can be re-entered to test the shale play Expiry – lands held by title preserv
Slide 14: Some of the thickest shales in the area
Summit Creek Canol = 52 m ~ 170 feet Bluefish = 25 m ~ 82 feet IFR 25% IFR 16.66% – 25% Sah Cho Canol = 37 m ~ 120 feet Bluefish = 18 m ~ 59 feet Stewart Lake Canol = 100 m ~ 332 feet Bluefish = 62 m ~ 203 feet IFR 25% Dahadinni well did not reached TD the well encountered some of the thickest shale
Slide 15: Mackenzie pipeline approval and proponents
In 2011 the National Energy Board granted approval to construct the Mackenzie pipeline, proponents have until December 31, 2015 to start construction. Proponents of the pipeline are, Imperial Oil Resources Ventures Limited, ConocoPhillips Northern Partnerships, ExxonMobile Canada Properties, She
Slide 16: Southern Alberta Basin nearby activity
Shell discovery well north of border Anschutz White Calf area a Anschutz SW Browning fracking operation Rosetta Riverbend discovery Crescent Point discovery north of border Newfield Sacred Pipe
Slide 17: IFR owns mineral titles on 15,200 net acres
IFR owns Mineral Mineral Titles on 15,200 net acres (“Fee Acreage”), our acreage is located in the Southern Alberta Basin (“SAB”) tight-oil fairway on the Blackfeet Reserve (“Reserve”)in Glacier County, NW Montana. The tight-oil fairway extends from SW Alberta into NW Montana, it is +/- 120 mile
Slide 18: Wells drilled in the Southern Alberta Basin
Torc – Monarch Play Wells drilled/licensed deep enough 2 wells IP 120 days 350 BOPD to test tight-oil formations in the SAB. IFR Fee Acreage on the play fairway covers 15,200 net acres, no land expiries 13 Hz wells Dee Three Ferguson Bakken Discovery IP’s 500 to 1,150 BOPD – IP’s 120 days > 350 BOPD
Slide 19: Southern Alberta Basin Deep Basin Tight Oil Play
Southern Alberta Basin Torc Monarch Discovery Dee Three Ferguson Deep Basin Tight Oil Play 40 miles north 350 BOPD ~ 120/days Bakken Discovery IP’s 600 – 1,150 BOPD Bakken Oil System IP 120/d 250 - 400 BOPD Play fairway extends 140 miles Crescent Point Targets ~Banff,Bakken,Exshaw, Shell 7 HZ
Slide 20: Drilling Activity 2009-2012
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Slide 21: Conventional light oil play, 100% interest
15 14 13 18 17 16 15 10 11 12 7 8 9 10 134 206 198 214 190 H87-201fxmig H87-201fxmig 222 182 H87-201 H87-201 230 174 282 238 166 246 158 254 150 142 278 270 262 134 126 118 110 102 102 282 270 3 2 1 6 5 4 3 34 35 36 31 32 33 34 Annual revenue est. - $650,000 100% interest 1,120 acres conventional li
Slide 22: The Company seeks safe harbor
The Company seeks safe harbor. Copies of slides & maps contained herein may not be reproduced without prior approval of the Company ~ June 2013 presentation.
International Frontier Resources — Shareholder Meeting (June 2013) on 6ix