Emerald Resources Nl · ASX:EMR
Emerald Resources Nl — Emerald Oil & Gas NL — Investor Presentation (April 2011)
8 slides from Emerald Resources Nl's investor presentation, Apr 1, 2011
Slide 1: Green River Basin Opportunity
For personal use only Emerald Oil & Gas NL Green River Basin Opportunity
Slide 2: Disclaimer
For personal use only Disclaimer This presentation contains forward looking statements that are subject to risk factors associated with the oil and gas industry. It is believed that the expectation reflected in the statements are reasonable but they may be affected by a variety of variables and chan
Slide 3: EMR Green River Basin (GRB) Opportunity
EMR Green River Basin (GRB) Opportunity For personal use only Acquire 45% of New Frontier Energy Inc’s interests in GRB A Assets ffor $10 $10m cash h and d 125 125m EMR shares: h • Approx 65,000 gross acres contiguous mineral leases • Niobrara shale oil play, CBM and conventional gas • Existing gas
Slide 4: EMR Capital Structure after NFE Transaction
EMR Capital Structure after NFE Transaction For personal use only shares options (million) (million) C Current t iissued d equity it 270 97 New Frontier consideration 125 Capital raising 375 106* Pelagic / Ochre agreement 15 50 Total post transaction 785 253 * underwriters fee Anticipated cash posit
Slide 5: Green River Basin
For personal use only Green River G Ri B Basin i GRB Niobrara play Niobrara Shale Oil Play Green River Basin Outline Emerald / Entek Acreage
Slide 6: Niobrara Shale Oil Play Evolution
Niobrara Shale Oil Play Evolution For personal use only DJ Basin Green River Basin DJ Basin Green River Basin • EOG d drilled ill d fifirstt successful f lhhorizontal i t l wellll • A few f vertical ti l Niobrara Ni b oilil wells, ll b butt no (Jake 2-01H) late 2009 – IP 1500 bopd, horizontal wells
Slide 7: Shale Oil Plays in the US Market
Shale Oil Plays in the US Market For personal use only • Investors are willing to capitalize companies to acquire undeveloped acreage positions in high profile shale oil plays in the Rocky Mountains and Southwest (Niobrara, Bakken, Eagleford, Permian) • Rapidly expanding industry activity in the Nio
Slide 8: GRB Opportunity Status and Forward plans
GRB Opportunity Status and Forward plans For personal use only 1. Complete capital raising @ > $0.05 per share a. 375m shares underwritten @ $0.05 ($18.75m) b. Expect to raise approx $20m 2. Close NFE transaction a. Issue 125m Shares to NFE,, $10m $ cash consideration 3. Jointly deliver oil & gas de
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