Slide 1: Leveraged for Growth
Leveraged for Growth For personal use only Drill ready “Company maker” prospect in Colorado August 2015 (ASX:EXR)
Slide 2: Investment Highlights
Investment Highlights For personal use only 50% Working Interest in 30,000 net acres in conventional oil play in Colorado, with 3-5 year tenure and very low holding costs Strong alignment with local US Operator with proven execution capability Drill ready prospect in Colorado with Mean Prospec
Slide 3: Corporate Overview
Elixir Petroleum Limited (ASX:EXR) Corporate Overview For personal use only Capital Structure Board & Management Current (million) Ray Barnes Non Executive Chairman Ordinary Shares (ASX:EXR) 1,031 Dougal Ferguson Managing Director Listed Options (ex 1.5 cents) 320 Mark O’Clery Non-Executive Director
Slide 4: Achieving Milestones
Achieving Milestones Proven Execution Capability: Continue to Deliver in 2016 For personal use only Completed in 2014/15 Shoot Rodwell Mean Petra Project Reprocess & Additional new 2D Prospect Prospective Drill Rodwell Acquisition Interpret 2D Acquisition Data & Wells Resources of Prospect Seismic o
Slide 5: Petra Project
Petra Project Focussed Exploration Program Delivering Results For personal use only Nighthawk 50% Working Interest in 30,000 net acres covering 2015 Drilling relatively new Mississippian and Pennsylvanian trend in Washington County, Colorado Long term leases with very low holding costs: Genera
Slide 6: Rodwell Prospect on trend with 2015 Nighthawk Drilling Program
Petra Project Rodwell Prospect on trend with 2015 Nighthawk Drilling Program For personal use only Nighthawk entered Joint Development Area with Cascade in January 2015 by committing to drill 6 exploration wells prior to 30 June 2016 4 exploration wells to be drilled pre 31 December 2015, with t
Slide 7: Partnering with Experienced Operator – Apollo Operating LLC
Petra Project Partnering with Experienced Operator – Apollo Operating LLC For personal use only Apollo is a private company with a small group of investors who are Denver based industry professionals Apollo is aligned with Elixir both financially and technically to drive project success and acti
Slide 8: Geoscience Driven Exploration
Geoscience Driven Exploration Exploring With Science – not just the Drill Bit For personal use only Over 250 kms of existing 2D seismic data purchased and reprocessed Reprocessed data has identified clear structuring, critical for conventional traps Over 60kms of new proprietary 2D seismic dat
Slide 9: Independent Prospective Resources Report
Independent Prospective Resources Report Using field analogue data to generate realistic valuations For personal use only Source: Independent Prospective Resource Assessment, August 2015 Independent Prospective Resource Report completed in August 2015 with up to 5 stacked reservoirs identified Two
Slide 10: Mississippian Play Economics
Mississippian Play Economics Actual Nighthawk data – Elixir more conservative on EUR’s For personal use only Source: Nighthawk Energy plc, Corporate Presentation, August 2015 Numbers quoted are in $US 10
Slide 11: Arikaree Creek – Adjacent Field Analogue
Arikaree Creek – Adjacent Field Analogue Similar size to Rodwell Prospect with deep basement faulting For personal use only Located less than 25kms south-west of the Rodwell Prospect, Arikaree Creek has been producing since 2012 Similar structural setting to the Rodwell Prospect with deep north-so
Slide 12: Moselle, Onshore France
Moselle, Onshore France Significant Value Potential For personal use only Conventional Potential at Moselle – Top 3 Prospects French policy continues to be focussed on Independently Verified by RPS renewable energy, but with commitments to Prospective Recoverable Gas Resources (Bcf) – Mean Estimat
Slide 13: Investment Highlights
Investment Highlights For personal use only 50% Working Interest in 30,000 net acres in conventional oil play in Colorado, with 3-5 year tenure and very low holding costs Strong alignment with local US Operator with proven execution capability Drill ready prospect in Colorado with Mean Prospec
Slide 14: Important Notice & Disclaimer
Important Notice & Disclaimer For personal use only This document has been prepared by Elixir Petroleum Limited (ABN 51 108 230 995) (“Elixir”) in connection with providing an overview of its business to interested analysts/investors. This presentation is being provided for the sole purpose of provi
Slide 15: Contact Information
Contact Information For personal use only Dougal Ferguson Managing Director +61 (08) 9226 2111 dferguson@elixirpetroleum.com 15