New Frontier Energy, Inc. · OTC:NFEI
New Frontier Energy — IPAA OGIS Investor Presentation April 2007
22 slides from New Frontier Energy's conference presentation, Apr 19, 2007
Slide 1: New Frontier Energy, Inc. IPAA OGIS Investor Presentation
New Frontier Energy, Inc. Trading Symbol: NFEI IPAA OGIS Investor Presentation April 25, 2007
Slide 2: 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 statements will prove to be accurate. A number
Slide 3: NFEI Profile
NFEI Profile New Frontier Energy, Inc., based in Denver, CO is developing the ‘Slater Dome and the Flattops prospects located in northwest Colorado and south-central Both projects are coal bed methane (CBM) and are within the Sand Wash Basin on the south eastern end of ‘the “Atlantic Rim”, The Focus
Slide 4: Summary of NFEI Achievements
Summary of NFEI Achievements + Developed Slater Dome from prospect into a producing field with 16 BCF proved reserves to NFEI’s interest. “+ Construted 18 nil gathering line fom Slater Dome to the Questar tap in Baggs, Wyoming and commenced Slater Dome gas production in June 2005. + Became Operator
Slide 5: Regional Resource Assessment
Regional Resource Assessment Traditional 949.957 Tcf Coalbed 169.298 Tcf Total U.S. 1119.255 Tcf Pacific v North Central 2.4 3 96 21.9 Atlantic 85.7
Slide 6: Regional Gas Production Trends
Regional Gus Production Trends, —— = Neiesst = Guftoat=e— Nacontnen = Sout —— Roky Mout] Boxwcr Brey Bernat Aamanisraio, Arml Bercy Ooch 2005, Conclusion: The Rockies is the Primary Future Growth Region)
Slide 7: Slater Dome Field Development
Slater Dome Field Development © Producing gas from six of eleven coal bed methane wells. «= Electric power brought to Slater Dome to decrease operating expenses (June 2006). = Took over as Operator in November 2006. = Permitting 25 wells for 2007 development program. = Actively pursuing additional a
Slide 8: CBM Gas Development & Exploration
CBM Gas Development & Exploration Slater Dome Field & Flattops Projects = Colorado Wyoming Border 70,000 acres currently under lease = Slater Dome/Flattops Development, Mofatt County (CO) & Carbon County wy) = Focus Ranch Unit, Routt County (CO) Project Potential _—-NFELis operator with 66-75% worki
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Slide 11: One of 8 known gas seeps on Slater Dome acreage
Robidoux 13-7 Well drill site
Slide 12: Unconventional Resources Lower (48 States)
Unconventional Resources Lower (48 States) Total: 452 Tcf Tight sands CBM ‘Shale Gas einen Ererig Wels sartha Kiara:
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Slide 14: Why Investors Seek Unconventional Resource Plays
Why Investors Seek Unconventional Resource Plays = Repeatable low risk development drilling = High probability of success = 95% = Long term productive wells 20 - 25 years = Predictable annual production & reserve growth = Field size typical grows over time - 100’s Bef to Tef’s = Low development cost
Slide 15: Longer Lead Times in Unconventional Reservoirs
Longer Lead Times in Unconventional Reservoirs Implications: = Gradual lowering of the risk = Technology Breakthrough ec | = Long Range Impact = Environmental Planning Lead Time tr Paul Aqin Pe Dos Wane Cet
Slide 16: Wells 2006
Wells 2006 orpion VS 2007.10 Locations . 5 5 Wells 2007
Slide 17: Slater Dome Development after Pilot Phase
Slater Dome Development after Pilot Phase & Acquisition of Operators Working Interest = 16 BCF - estimated total proved reserves net to NFEI with 55 locations. = 23 BCF - estimated probable resources net to NFEI with 66 locations. : 315 BCF - estimated possible resources net to NFEI with 519 locatio
Slide 18: NFEI Corporate Strategy
NFEI Corporate Strategy + Develop the Slater Dome/Flattops/Focus Ranch. prospects to maximize cash flow ‘+ Opportunistic acquisition of producing properties with cash and or common stock + Utilize DJ Basin seismic data to develop additional to market within industry for retained carried or cash . Tr
Slide 19: Market for Common Stock & Related Stockholder Matters
Market for Common Stock & Related Stockholder Matters “: NFEI - OTC bulletin board since June 2004 © $2 week high 04/18/06 $2.45 “© 52 week low 02/20/07 $0.93 = 12,292 - average volume (3 months ended 3/07) © 1,850 shareholders of record (not including shares held in street name) © 5,916,988 shares
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Slide 21: NFEI Capital Structure
NFEI Capital Structure Proforma — Proforma Capitalization Shares Proceeds | bsued andouistanding March 31,2007 5916988 § Proforma issuances: 3.5% Convertible Debentures @ #1 Abi a44 = 25% Conv: eb enture Warrant 33 per share 1718452 2.362.881 2 130.06: = S ‘Warrants cures @ $1.08 per sh oa 5 ds PI 1
Slide 22: 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
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