Petro River Oil Corporation · OTC:PTRC
Petro River Oil — Investor Presentation (July 2013)
18 slides from Petro River Oil's investor presentation, Jul 5, 2013
Slide 1: The Real Energy Comes from Our People
\ petroriver : L The Real Energy Comes from Our People \WWW.PETRORIVEROIL.COM
Slide 2: Forward-Looking Statements
Forward-Looking Statements Q eon eran statements this presentation contain “Yoruardooking statements" within the meaning of Section 27A of the Secures Act of 1933 and Section 21E ofthe Secries and Exchange Ac of 1934 inl, without lation expectations belts, plans and objectives regarding production {
Slide 3: Petro River Oil Overview
Petro River Oil Overview Q eon People Assets Capital Proven management team with demonstrated track record of operational excellence, capital discipline and acquisition expertise Innovative, value driven culture that leverages technology and expertise to lower cost structures and improve netbacks Co
Slide 4: Development Plan
Development Plan A eeroiver * Acquisition of Metro Energy Group assets in emerging area * 20,000 acres in the Mississippi Lime ¥ 60 sq mi. Proprietary 3D seismic ¥ Producing Mississippi Lime wells ¥_ * Associated infrastructure ¥ Phase | (Complete) a * Expansion of acreage position and initial testi
Slide 5: Leadership Team
Leadership Team d petotiver Scot Cohen Ruben Alba Luis Vierma ‘Over 20 years experience in institutional asset management Founder and Managing Partner of Iroquois Capital Opportunity Fund, private equity fund focused on North American E&P. Manager of several operating and non-operating partnerships
Slide 6: Mississippian is a Premier US Oil Play
Mississippian is a Premier US Oil Play rly pekonver Mississippian ATM acres Bakken 10-15 MM acres Eagle Fors enn acces Nebeara Sh acces Wier nm acces Woifbemry Eagle Ford
Slide 7: Mississippian Lime play characteristics
A ccromer Predominately oll and liquids production + High permeability, shallow carbonate reservoir 17,000 vertical and 1,400 horizontal well data points + Play has produced hydrocarbons since “1896 + Average 275 Boe/d IP, 456 ‘Mboe EUR and 80% IRR Rigs abundant and only require ~1,000 HP Shallow de
Slide 8: Current Petro River Lease Position
Current Petro River Lease Position + 115,000 gross / 85,000 net acres in East Kansas Mississippian + 100% operated + 3t05 year primary term leases ‘extensions (all leased in 2012) + 760sq. mi. proprietary 3D seismic + Potential for over 2,400 vertical and. {600 horizontal drilling locations + Signif
Slide 9: Nemaha emerging as the sweet spot
Nemaha emerging as the sweet spot & Retorver Industry leaders SandRidge, Chesapeake, Shell, Unit and Range leasing to the Nemaha where Petro River's acreage is positioned ‘oTceB:FTRC ‘WWW.PETRORIVEROIL.COM
Slide 10: Excellent Data is Key to Success
Excellent Data is Key to Success Q eon (Over 37,000 wells have been drilled in the counties surrounding Petro River Oil's acreage. Our geological and ‘geophysical team are evaluating our extensive data set of conventional logs and proprietary 30 seismic, generating. 3nt number of driling targets. Pe
Slide 11: Projected Vertical Well Performance
Projected Vertical Well Performance Metrics + $635,500 completed well cost including allocated disposal well and infrastructure + $80 oil, $4.00 gas, $1600/month fixed plus $5/bbI cil lease operating expenses + See Appendix B for supporting economic run, assuming $80 oil ® Peak eserves capex. Drillb
Slide 12: Accelerating Value through JVs
Accelerating Value through JVs & pebomver Petro River isin discussions with third parties about possible joint venture funding. This has proved a successful financing model with a number of operators in the Mississippian and other plays across the United States. Key Benefits: + Deerisk eary stage ca
Slide 13: Missouri Assets
Missouri Assets A ccromer In addition to its Mississippian Lime acreage in Kansas, Petro River also has @ core position in an exciting heavy oil play developing in Missourr. Shallow, heavy oll in western Missouri and eastern Kansas is well known and documented. Wells have been drilled throughout wes
Slide 14: Missouri Infrastructure
Missouri Infrastructure AY extort Petro River has extensive infrastructure in place including two production facilities each capable of handling 1,000 barrels ol per day (bopd). Total production peaked at over 300 bopd.
Slide 15: Kentucky Assets
Kentucky Assets d pekorivey Petro River also has a core position in western Kentucky. Tar Sand deposits have been recognized as a potentially significant mineral resource since the middle of the 19° Century. This area is estimated to contain three billion barrels of oil regionally. Exploration and d
Slide 16: Heavy Oil Solutions
Heavy Oil Solutions | Petro River has extensive studies and pilot project data related to Heavy Oil solutions and methods of recovery. Projects are planned to implement unique recovery techniques that have shown pilot project success. aS
Slide 17: Petro River Oil Capitalization
Petro River Oil Capitalization Ay cercrver ‘Common Stock “137 me Forme Petro River OLLC Investors» 591mm Former Gravis Notes and Preferred? 1165 mm Former Gravis Wi converted to equity? 155mm Former Gravis Equty holders 18mm Market Cap (7/1/13) $295 mm Debt Ni coh “$55mm ‘Acreage (Gross / Net) 16020
Slide 18: Veterans' Initiative
Veterans’ Initiative & Peteo River Oilis committed to funding traning and hing veterans. We have teamed up with the National Foundation for ‘Veteran Redeployment (NFVR) which isa 501()3 charitable organization sponsored by domestic oll and gas companies. NFVR's mission i to impact veteran unemployme