Nextraction Energy Corp · OTC:NXTFF
Nextraction Energy — Investor Presentation (June 2010)
25 slides from Nextraction Energy's investor presentation, June 2010
Slide 1: Corporate Presentation
Corporate Presentation June 2010 The NEXT round of extraction on known plays
Slide 2: Forward Looking Statements
Forward Looking Statements Certain statements in this presentation , prepared by Nextraction management, may contain “forward-looking statements” or “forward-looking information” within the meaning of applicable securities legislation. Information concerning resources may be deemed to be forward-loo
Slide 3: Company Assets
Company Assets PINEDALE ANTICLINE } { Nextraction energy APPALACHIAN BASIN @® oirieias Gas Fields * > Basin Outlines _ Pipelines
Slide 4: Stock Chart
Stock Chart Announced 51-101 report of undiscovered resource estimate of 419BCF-2.5TCF OGIP on Appalachian Basin project Closed over- subscribed Closed $4.2MM $2.8MM financing financing Successfully 11/5/2008- Drilled core well in Successfully drilled MM#5 Closed QT Appalachian Basin drilled Noble w
Slide 5: Share Structure
Share Structure As of May 31, 2010 Nextraction is a debt-free, tightly held company Issued and Outstanding Shares 16,758,613 Warrants ($0.65-$1.25) 7,637,903 Stock Options ($0.42-$1.06) 1,725,000 Fully Diluted Shares 26,121,516 52 Week Range $1.90/$0.35
Slide 6: The Nextraction Team
The Nextraction Team Mark S. Dolar, President, Chief Executive Officer and Director has 28 years experience in the American oil and gas industry, and has developed extensive knowledge and expertise in the production and development of oil and gas properties. As managing partner of privately held D
Slide 7: Corporate Criteria
Corporate Criteria Have the potential to produce 100-250 BCFGE and/or at least 12 MM BOE Potential to Generate $250 Million to $1 Billion in Revenues Generate IRR of 25% or more Finding cost of less that $2.50 per MCFG or $18 per BO
Slide 8: Growth Cycle
Adult: $250 MM+Substantial $2-10MM Embryonic State: production & Listing; Qualifying revenues; Further Transaction; acquisitions; Exit strategy Growth Cycle – Venture Exchange Teen: Expansion phase; Aggressive drilling program; Increased $10-$25 MM Infancy: Drills first wells Company production & Re
Slide 9: Appalachian Basin
Kibo cr Sa by jrown # 3 Core Sampl Tuyen Te 5 Rasington #7 Shale gas of ue Chat mi hattan iy ny "Appalachian Bas Asi PT i sin Gas Discovery \
Slide 10: Appalachian Basin
Appalachian Basin 70,130 Acre Chattanooga Shale Play in Producing Region GB#3 core confirmed shale potential MM#5 Well Completed & Flowing; both conventional & shale produce High BTU Gas (Liquid Recovery Potential); Gas Sells into NYMEX at a Premium Connected to Pipeline & Compressor Infra
Slide 11: Néxtraction
Néxtraction ; energy Michigan indiana j Energy Associates New York Assessment Units Northwest Ohio shale Greater Big Sandy Devonian Siltstone and Sha Marcellus Shale Net Thickness of Radioactive Shale (feet) 200 400 800 Kilometers
Slide 12: McCreary
25 24 23 22 21 25 24 23 22 21 25 24 23 22 21 25 24 23 22 21 25 24 23 22 21 25 24 23 22 21 25 24 23 22 21 25 24 23 22 21 25 24 23 22 21 5 4 3 2 1 5 4 3 2 1 5 4 3 2 1 5 4 3 2 1 5 4 3 2 1 5 4 3 2 1 5 4 3 2 1 5 4 3 2 1 5 4 3 2 1 6 7 8 9 10 6 7 8 9 10 6 7 8 9 10 6 7 8 9 10 6 7 8 9 10 6 7 8 9 10 6 7 8 9 1
Slide 13: NI 51-101 Technical Report
NI 51-101 Technical Report *Unproved Original Gas In Place Resources (Devonian Shale formation) Working Interest (%) Gross Gas in Place Net Gas in Place (BCF) (BCF) Total Resource 100 Low Case -419 Low Case -419 Most Likely -903 Most Likely -903 High Case - 2503 High Case – 2503 *Unproved Original G
Slide 14: Resource Comparisons for the Appalachian Basin
RESOURCE COMPARISIONS FOR THE APPALACHIAN BASIN OPERATOR FORMATION DEPTHS FRM DRILLING POTENTIAL THICKNESS COSTS/WELL RESOURCE CNX Chattanooga <4000' 25-130' $1.2-$1.5 MM 1.1-2.5 TCFG ATLAS Chattanooga <4000' 60-130' $1.2-$1.5 MM N/A NGAS Huron/Chatt <4500' N/A $0.9-$1.1 MM N/A EQT Huron <5000' 400'
Slide 15: Shale Section Mountain Minerals #5
Shale Section Mountain Minerals #5
Slide 16: Deal Terms
Nextraction has entered into a partnership Deal Terms agreement with Vinland Energy Operating, LLC and South Fork Energy, LLC. FIRST 4 WELLS NEXT 25 WELLS BEFORE PAYOUT BEFORE PAYOUT NEXTRACTION 95% NEXTRACTION 95% SOUTH FORK 5% SOUTH FORK 5% VINLAND/VANGUARD 0% VINLAND/VANGUARD 0% AFTER PAYOUT AFTE
Slide 17: Pinedale Anticline
Pinedale Anticline
Slide 18: Pinedale Anticline
Pinedale Anticline Largest Oil & Gas Field in the US Rockies Potential to Drill up to 60 Wells on 20 acre spacing First Well Drilled; Pay Zones Encountered, Awaiting Completion Average Well Reserves 5-6 BCFG Average Well Daily Production 2-5 MMCFGPD, 45-60 BOPD
Slide 19: Noble 6-24 well drilled and cased
Nextraction drilled and cased the 14,906’ Noble 6-24 well in Q1, plans to complete in Q3
Slide 20: Noble 6-24 - Mesa Verde Section
Noble 6-24 - Mesa Verde Section Well has 800 ft of Net Pay 3,000+/- ft deviation Pay Zones
Slide 21: Net Sands and Production Analysis
Net Sands and Production Analysis WELL NAME Steele 16-31 Noble 6-24 SP 16a-6D SP 2a-7DST 14-8 Stewart Pt 5-17 OPERATOR Shell Vantage Shell Shell Shell Questar LOCATION FORMATION 34-109-Sec 31 33-109 Sec 6 33-109 Sec 6 33-109 Sec 7 33-109 Sec 8 33-109 Sec 17 NET SANDS THICKNESS (FT) *(1) *(3) *(3) *(
Slide 22: Deal Terms
Deal Terms Nextraction has entered into a partnership agreement with Vantage Energy Green River, LLC FIRST 2 WELLS BEFORE PAYOUT NEXTRACTION VANTAGE WI-100% NRI- 81.15% WI-0% NRI-0% AFTER 150% PAYBACK (if back-in is exercised) NEXTRACTION VANTAGE WI-73.75% NRI-60.59% WI-26.25% NRI–21.13% SUBSEQUENT
Slide 23: Investment Highlights
Investment Highlights Dynamic Board Directors have a proven track record in corporate governance and delivering exceptional returns for shareholders over the past ten years Technical Expertise Vantage Energy to operate Pinedale Property (Former EnCana Management); Vinland Energy Operating, L
Slide 24: Upcoming Milestones
Upcoming Milestones Complete Pinedale well – summer 2010 Drill and complete 3 additional proof of concept wells in Appalachian Basin in 2010 Drill second Pinedale well – 1st Qtr 2011 Drill 25 wells in Appalachian Basin before end of 2011 Acquisition(s) that meet our criteria
Slide 25: Nextraction Energy Corp. contact details
Nextraction Energy Corp. 550 Burrard Street, Suite 328 Vancouver, B.C., Canada V6C 2B5 Mark S. Dolar Karmen Jade Birss President & CEO Corporate Development Phone: (604) 630-0300 Phone: (604) 628-4717 Cell: (801) 502-5085 Cell: (604) 837-5889 Fax: (604) 484-4710 Fax: (604) 484-4710 Email: mdolar@nex
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