Future Metals Nl · ASX:FME

Future Metals Nl — Investor Presentation (November 2018)

13 slides from Future Metals Nl's investor presentation, Nov 14, 2018

  1. Slide 1: Alaska New Billion Barrel Fairway

    ...Red Emperor to Drill Prolific Alaska North Slope... Alaska New Billion Barrel Fairway November 2018

  2. Slide 2: Disclaimer

    Disclaimer This presentation does not constitute an offer to sell securities and is not a solicitation of an offer to buy securities. It is not to be distributed to third parties without the consent of Red Emperor Resources NL (the “Company”) This presentation contains forward looking statements tha

  3. Slide 3: Corporate Profile

    Corporate Profile About Red Emperor Share Price and Volume  Dual Listed: ASX/AIM RMP | LSE Share Price 4 35,000,000  Share Price (12 November 2018): 3.5 30,000,000 o ASX: $0.050 3 25,000,000 Share Price GBP o AIM: £0.027 2.5 20,000,000 Volume 2 15,000,000  Current Issued Capital: 425,292,776 1.5

  4. Slide 4: Board | Management

    Board | Management  Greg Bandy (Managing Director) o Mr. Bandy has nearly 20 years of experience in retail, corporate and capital markets, both in Australia and overseas. Mr. Bandy worked as a Senior Client Advisor at Montagu Stockbrokers and Patersons Securities for over 10 years before moving to

  5. Slide 5: Alaska North Slope

    Alaska North Slope  Red Emperor’s Western Blocks (ADL#s 391718, 391719, 319720 & 391721) are located on the Alaska North Slope (ANS) and cover 22,710 acres  The North Slope is a prolific oil producing area in the US, having produced over 17 Bbbls with an estimated 40 Bbbls of undiscovered recovera

  6. Slide 6: Alaska North Slope | Big Oil Super Basin

    Alaska North Slope | Big Oil Super Basin Nanushuk Nikaitchuq Fm topsets 220 MMbbls Pikka Unit 1.2 Bbbls (with Horseshoe) Alpine Kuparuk River 572 MMbbls 2.8 Bbbls Willow Prudhoe Bay 400‐750 MMbbls 12.5 Bbbls Narwhal 100‐350 MMbbls Nanushuk Fm topsets Horseshoe 1/1A Targeting 400 MMbbls Successful di

  7. Slide 7: North Slope Resurgence | The Nanushuk

    North Slope Resurgence | The Nanushuk Willow Pikka/Horseshoe Discovered 2016 2013/2017 Topset Topset Trap Type Stratigraphic Stratigraphic Net Pay 42‐72 ft < 225 ft Oil Gravity 44 deg API 30 deg API ~ 2100 bopd vertical Test Rate <3200 bopd vertical 4600 bopd horizontal Contingent Resources 300 MMbb

  8. Slide 8: The Nanushuk Success Story - Timeline

    The Nanushuk Success Story - Timeline Repsol and Armstrong discover the Pikka Nanushuk play-fairway Extensive exploration and appraisal drilling in the Nanushuk - high success rate 2013 2014 2015 2016 ConocoPhillips announces the Willow ConocoPhillips announces the Greater discovery, 300 MMbbls Will

  9. Slide 9: Western Blocks | Targeting 400 MMbbls

    Western Blocks | Targeting 400 MMbbls  Winx-1 well will target a 400 MMbbl best estimate prospective resource target  Red Emperor to earn 31.5% (26.5% NRI) by paying 35% of the drilling costs (gross US$15 M dry hole costs)  Fully funded to meet its share of all work commitments associated with th

  10. Slide 10: Winx-1 | Targeting Stacked Prospects

    Winx-1 | Targeting Stacked Prospects Multiple prospects with one well Adapted from 88 Energy Limited presentation, released 11 September 2018, https://www.asx.com.au/asxpdf/20180911/pdf/43y6ttrc4533yn.pdf • Multiple stacked prospects to be targeted by Winx-1 in addition to the primary Nanushuk targe

  11. Slide 11: The Deal | The Operations | The Opportunity

    The Deal | The Operations | The Opportunity  Red Emperor to drill a 400 MMbbl (126 MMbbl net to RMP) best estimate prospective resource target analogous and adjacent to the largest US onshore oil discovery in the past 30 years  Red Emperor’s working interest will be 31.5% (35% paying interest) in

  12. Slide 12: Prospective Resources Reporting Notes

    Prospective Resources Reporting Notes  The prospective resources information in this document is effective as at 30 April 2018.  The prospective resources information in this document has been estimated and is classified in accordance with SPE-PRMS (Society of Petroleum Engineers Management System

  13. Slide 13: www.redemperor.com.au

    www.redemperor.com.au info@redemp.com.au

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