Nextraction Energy Corp · OTC:NXTFF
Nextraction Energy — Investor Presentation (October 2010)
19 slides from Nextraction Energy's investor presentation, October 2010
Slide 1: Corporate Presentation
Corporate Presentation October 2010 The NEXT round of extraction on known plays
Slide 2: Disclaimer and Forward Looking Statements
•DISCLAIMER The information contained in this presentation is confidential. The contents are not to be reproduced or distributed to any third party, including the public or press. The information contained herein, while obtained from sources which we believe are reliable, is not guaranteed as to its
Slide 3: Large Scale Focus, Technically Driven Growth
LARGE SCALE FOCUS TECHNICALLY DRIVEN GROWTH Nextraction Energy Corp. is a Canadian junior Project Criteria oil and gas company engaged in the •Targets $250+MM scale projects •Internal Rate of Return of better than exploration and development of oil and gas 25% resources in North America. •Technolo
Slide 4: Nextraction Management
NEXTRACTION MANAGEMENT Mark S. Dolar, President, CEO, Director Dr. Paul B. Trost, Director and VP- Operations R. Michael Jones, Director Frank Hallam, Director Eric H. Carlson, Director Highlights Drilled discovery wells to over 2.5 TCFG Raised over $300 MM in the capital markets G
Slide 5: Company Assets
Company Assets APPALACHIAN BASIN Pinedale Anticline Field * Appalachian Basin Shale Play** •1,200 producing wells •Estimated undiscovered gas •3,800 PUD’s resources of 900 BCF ** •IP 1.2 BCFG day • 500+ locations •Recoverable Reserves – 38.2 TCFG •Ongoing production testing •Recoverable Reserves – T
Slide 6: Reserves and Undiscovered Gas Resources
Reserves and Undiscovered Gas Resources Proven (P1) and Probable (P2) Reserves– N. Pinedale 889,000 Barrels of Oil Equivalent (BOE) Possible (P3) Reserves – N. Pinedale 14,269,700 BOE Undiscovered Gas Resources – Appalachia 419 to 2500 billion cubic feet of gas (BCFG) Most likely case
Slide 7: Share Structure - as of October 1, 2010
Share Structure - as of October 1, 2010 Nextraction is a debt free, tightly held company Issued and Outstanding Shares 16,978,613 Warrants 7,417,903 Stock Options 2,055,000 Fully Diluted Shares 26,451,516 Current Share Price ~$0.90 Current Market Cap $15.2 MM P3 – PV 10 Value * $112 MM *Based on Tec
Slide 8: Stock Chart and Milestones
Announced technical report of STOCK CHART AND MILESTONES undiscovered gas resource estimate of 419BCFG-2.5TCFG (most likely 900 BCFG) on Appalachian Basin Project Closed over- Received positive core subscribed test results in $4.2MM Closed financing 11/5/2008- Appalachian project $2.8MM Closed QT an
Slide 9: Liquids Rich Gas from the Onset
LIQUIDS RICH GAS FROM THE ONSET We identify Projects with condensate and high-BTU gas values N. Pinedale – 30 Barrels of Condensate per 1 MMCFG and 1280 BTU gas August gas sold for $3.79 per mcfg, but adjusted to $5.35 per mcfg for liquids ~40% Increase Finding and Development costs of $2.
Slide 10: Appalachian Basin Shale Gas Producing Area
APPALACHIAN BASIN SHALE GAS PRODUCING AREA
Slide 11: Chattanooga Shale Gas in the Appalachian Basin
CHATTANOOGA SHALE GAS IN THE APPALACHIAN BASIN Kentucky and Tennessee
Slide 12: Nextraction's Appalachian Basin land map
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Slide 13: Appalachian Basin
• PROOF OF CONCEPT • Cored well to Appalachian Basin determine gas Chattanooga Shale Gas Play potential • Drilled first vertical well IP’s at 170 MCFGPD from 2,050’ – obtained critical data for future development • 3 more wells planned in 2010 • DEVELOPMENT PHASE • 25 wells in 2011 • Combination of
Slide 14: N. Pinedale Anticline
N. Pinedale Anticline Nextraction Leasehold Map Sublette County, Wyoming Nextraction Acreage Noble #6-24 Nextraction Top Lease Production Super pads
Slide 15: Nextraction Lease Position
Major Operators in the area include: Nextraction Lease • Shell Western Exploration and Position Production Inc. (SWEPI) • Ultra Petroleum, Inc. • BP America • EnCana Oil & Gas (US) Inc. • Questar Exploration and Production Co. Pinedale Anticline • 2nd largest gas field in USA • 90 square miles • Gas
Slide 16: Noble 6-24 Well and Pinedale Update
•Completed lower 13 Nextraction new acquisitions Nextraction zones of 21 multi-stage Recently completed frac; most porous zones the 14,906’ to be frac’d in mid- Noble 6-24 well and November is producing •Well costs between $5- Nextraction Top lease 6.5 MM to drill and complete Noble #6-24 Bottom Hol
Slide 17: Investment Highlights & Summary
Investment Highlights & Summary In Production – Generating Revenue Risk dollars have been invested; projects in development phase. Technical Expertise Vantage Energy operates Pinedale Property (Former EnCana Management); Management and Consulting teams with specific expertise in project ar
Slide 18: Upcoming Milestones
Upcoming Milestones Drill and/or re-complete 3 additional proof of concept wells in Appalachian Basin in 2010-2011 Drill second Pinedale well in 2011 Drill 25 wells in Appalachian Basin before end of 2011 Acquisition(s) that meet our criteria Exponential Growth Opportunity
Slide 19: Nextraction Energy Corp. Contact
Nextraction Energy Corp. 550 Burrard Street, Suite 328 Vancouver, B.C., Canada V6C 2B5 Company Contact: Investor Relations Contact: Mark S. Dolar Sequoia Partners, LLC President & CEO Phone: (604) 601-5614 Phone: (604) 630-0300 Don Graham Cell: (778) 558-4310 Cell: (801) 502-5085 James Beesley Cell:
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