New Frontier Energy, Inc. · OTC:NFEI
New Frontier Energy — Energy Capital Investment Symposium 2008
20 slides from New Frontier Energy's conference presentation, Jun 5, 2008
Slide 1: New Frontier Energy, Inc.
New Frontier Energy, Inc. Trading Symbol: NFEI Energy Capital Investment Symposium June 11, 2008
Slide 2: Information on forward-looking statements
Information on forward-looking statements This document may contain forward-looking statements including declarations regarding New Frontier Energy, Inc. and it’s future and expected performance based on assumptions that the Company believes are reasonable. No assurances can be given that these stat
Slide 3: NFEI Profile
NFEI Profile New Frontier Energy, Inc., based in Denver, CO, is an oil & gas exploration company, with interests in four principal properties; the Slater Dome Field, the Flattops Prospect, the Focus Ranch Federal Unit and the Amber Waves Prospect. The first three projects are all located near the Co
Slide 4: Slater Dome, Flattops & Focus Ranch Unit Acreage
Slater Dome, Flattops & Focus Ranch Unit Acreage * Colorado Wyoming Border * Slater Dome, Mofatt County (CO) - 32,239 net acres ® Focus Ranch Unit, Routt County (CO) - 30,500 net acres Project Potential ® Flattops, Carbon County (WY) —3,276 net acres WYOMING l * NEFElis operator with 66%-74% net wor
Slide 5: O&G Operators in Development Fairway
O&G Operators in Development Fairway
Slide 6: Obidoux 13-7 Well drill site
obidoux 13-7 Well drill site —
Slide 7: Slater Dome Field Development Map
Slater Dome Field Development Map Explanation of Symbols pe paren moos 6 reer pisces as PMNS Rca + Power Dop — Exising Ovemnons Power
Slide 8: Known gas seeps on the Slater Dome acreage
1 of 8 known gas seeps on the Slater Dome acreage
Slide 9: Proven Reserve Report — as of Feb. 29, 2008
Proven Reserve Report — as of Feb. 29, 2008 (Slater Dome acreage only - 32,239 net acres ) * 15.6 BCF - estimated total proved reserves net to NFEI with 61 well locations. * Net future cash flow of $25.6 million after 10% discount, production & development costs, and income taxes. A 109% increase ov
Slide 10: NFEI Corporate Milestones
NFEI Corporate Milestones Developed Slater Dome from prospect into core producing asset with 15.6 BCF proved reserves net to NFEI’s interest as of May 2008 Constructed 18 mile gathering line from Slater Dome Field to the Questar tap in Baggs, Wyoming to commence gas production in June 2005 Doubled w
Slide 11: NFEI Recap of Current Status
NFEI Recap of Current Status Completed Slater Dome compressor installation capable of handling up to 4 million cubic feet per day in May 2008 5 of the 8 wells drilled in 2007 have been connected to pipeline as of June Currently producing 1.4 million cubic feet per day from 14 wells Production step u
Slide 12: Rockies Express Pipeline nearing completion
Rockies Express Pipeline nearing completion: Will Rocky Mountain pricing move closer to Henry Hub in 2008? bom Phase) Il A Zr me 7 Equitrans - ) A + Huntsman Tallblazer | “oe. |} {Cheyenne Plains] psco || wic ‘A¥ Proposed Pipeline (Cheyenne - Clarington) se? Entrega (In-Service 2006) AV Possible Exp
Slide 13: Summary of Capital Structure
Summary of Capital Structure As of 05/22/08: ® 11.8 million shares - common stock outstanding: » Series B & C convertible preferred equity common stock equivalents: 25 million shares » After effect of preferred conversion (a better way to evaluate NFEI) » 36.8 million - shares outstanding after effe
Slide 14: Market for Common Stock & Related Stockholder Matters
Market for Common Stock & Related Stockholder Matters NFEI - OTC BB since June 2004 1,716 shareholders of record including shares held in street name estimated to be 2,224 holders) 52 week high 05/25/08 - $1.38 52 week low 11/26/07 - $1.02 200-Day Moving Average -$1.16 16,240 - average volume (3 Mos
Slide 15: Proforma Analysis of Fully Diluted Capital Structure
Proforma Analysis of Fully Diluted Capital Structure » 79.5 million shares would be outstanding after all warrants & options are exercised and 2 entities would own 52% of the total issued and outstanding (NOTE: share issuance would represent $65 million in new funding) Proforma Analysis - based on F
Slide 16: NFEI Internal Valuation
NFEI Internal Valuation Industry Valuation Calculation in Millions: Acreage $ 100 Estimated value of reserves a5 Gathering line and infrastructure 11 Proceeds from warrants 60 Total $ 226 Proforma shares outstanding 77,299,446 Value per share $ 292
Slide 17: Why New Frontier Energy?
Seas Why New Frontier Energy ? Management is delivering strong production & reserve growth Large inventory of low cost CBM wells with over 600 potential locations Long term productive wells ranging 20 - 25 years 6 potential coal sections; Upper and Lower Iles, Williams Fork, Almond, Pioneer and Darl
Slide 18: Key Drivers for Building NFEI Shareholder Value
Key Drivers for Building NFEI Shareholder Value * Repeatable low risk development drilling strategy *® High probability of success = 95% * Predictable annual production & reserve growth * Drilling for conventional targets with a back up of CBM reserves present throughout the acreage = Low developmen
Slide 19: New Frontier Energy, Inc.
New Frontier Energy, Inc. Trading Symbol - NFEI Paul Laird - CEO Les Bates — CFO 1789 W Littleton Boulevard Littleton, CO 80120 303-730-9994
Slide 20: NFEI Capital Structure Supplement
NFEI Capital Structure Supplement New Frontier Energy Ine Proforma Capitalization Issued and ouisianding May 21,2008 Proforma issuances: Series B Convertible Preferred Series C @ $1.05 automatic conversion in Jan 2010 Total Conversions without $ proceeds Pro forma fully diluied before warrants 2.5%
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