Red Sky Energy Limited · ASX:ROG
Red Sky Energy — Investor Presentation (November 2015)
14 slides from Red Sky Energy's investor presentation, Dec 2, 2015
Slide 1: Red Sky Energy Limited Investor Update: November 2015
For personal use only Red Sky Energy Limited Investor Update: November 2015 Strictly Private & Confidential
Slide 2: Disclaimer
Disclaimer For personal use only This material reflects the views of Red Sky Energy Limited (“the Company”) and is for general information. It does not take into account the particular investment objectives, financial situation, or needs of any individual clients or types of clients. This material m
Slide 3: Executive Summary
Executive Summary Overview • Australian Listed Oil & Gas Acquisition and Development Company (ASX: ROG) focused on North For personal use only American energy development • Initial acquisition of Cache Oil field and capital raising were completed in July 2015 • Binding term sheet signed to acquire –
Slide 4: Company Snapshot
Company Snapshot For personal use only Capital Structure ASX Code ROG Shares Outstanding 5,798,056,921 Options (Price: 2.25c Expiry: 31/3/16) 60,000,000 Options (Price: 0.90c Expiry: 20/12/16) 100,000,000 Market Cap (@ 0.1c) $5,798,057 Cash (30 Sept.) $792,000 Shareholder Register (31 Oct.) Patrick
Slide 5: Red Sky Energy Strategy
Red Sky Energy Strategy Producing Profitable Assets For personal use only • Evaluate US based onshore Oil & Gas fields which have significant in ground reserves and are available to be purchased at a significant discount to the capital invested and their known recoverable resources • Acquire underex
Slide 6: Cache Oil Field
Cache Oil Field For personal use only • Located in the Paradox Basin, Montezuma County in Colorado across 1,840 acres • 10 miles east of the Greater Aneth Field (1.5bn barrels OOIP & peak production of 100,000 BOPD) • 80% net revenue interest • 12 – 15 BOPD current conventional production of sweet 4
Slide 7: Current Status & Valuation
Current Status & Valuation A number of factors suggest that significant recoverable oil is For personal use only still present within Cache: #1 well with current production - Only 20% of OOIP has been produced to date* - Recent log analysis & interval mapping suggests areas within the field only ach
Slide 8: Cache Development
Cache Development For personal use only • Modern horizontal / multi-lateral drilling & completion techniques should enhance oil production rates from future wells • Proposed work program: 1. General field workover 2. An initial two-well test programme to confirm enhanced efficacy of modern productio
Slide 9: Gold Nugget Gas Field
Gold Nugget Gas Field • October 2015 - binding Term Sheet executed For personal use only with Hudson White LLC to acquire a 100% working interest in the Gold Nugget 1-23 gas well and acreage Two of the largest gas fields in North America • Located in the Wind River Basin, Wyoming, USA • 1-23 well, t
Slide 10: Gold Nugget Development Program
Gold Nugget Development Program • A USD$100,000 deposit will be spent on optimizing For personal use only the existing well • Expected production rates to be between 300-500 MCF of gas per day* • Approximate revenue of $35,000 - $50,000 per month • Gold Nugget spans 640 acres with wells able to be d
Slide 11: Gold Nugget Valuation
Gold Nugget Valuation • Global Resources & Infrastructure Pty Ltd has • Initial production rate of 400 mcfd of gas and 6 For personal use only prepared an independent opinion of the Fair barrels of condensate should be expected Market Value of ROG’s equity interest in the based on production test re
Slide 12: Board & Management
Board & Management For personal use only Kerry Smith • Over 30 years of experience as an independent contractor and Oil & Gas operator Executive • Experience in all areas of well exploration preparation, production enhancement and well Chairman stimulation design • Skilled in developing and implemen
Slide 13: Contact
Contact For personal use only Management Website Clinton Carey – Managing Director www.redskyenergy.com.au E: clinton@redskyenergy.com.au Kerry Smith – Executive Chairman E: kerry@redskyenergy.com.au Henslow Tim Chapman – Principal E: tchapman@henslow.com Justin Lewis – Principal E: jlewis@henslow.c
Slide 14: Appendix 1: Portfolio - Overview
Appendix 1: Portfolio - Overview For personal use only Location Description • Paradox Basin, Montezuma County, Colorado, USA • 1,840 acres, 10 miles east of the Greater Aneth Field (1.5bn barrels OOIP & peak production of 100,000 BOPD) • 100% Operated Working Interest, 80% Net Revenue Interest • Fie
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