Slide 1: Investor Presentation March 2016
For personal use only Investor Presentation March 2016
Slide 2: Forward-Looking Statements and Other Disclaimers
Forward-Looking Statements and Other Disclaimers This presentation may include forward-looking statements. Forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions, which are outside the control of Brookside Energy Limited (“Brookside Energy” or “the Co
Slide 3: Strategy in the Current Environment
Strategy in the Current Environment Build value per share by leveraging the For personal use only expertise, experience and contacts of the 96 7.91 1378 Board and our joint venture partner Using a unique joint venture structure for US focussed activity Jan,14 Maintain maximum flexibility to ta
Slide 4: First Steps
First Steps Investing alongside a Tulsa based equity For personal use only group with extensive industry experience and a strong track record for creating significant value from energy start-ups Brookside has acquired oil and gas royalties in the world class STACK Meramec Play Acquisition repr
Slide 5: Corporate Snapshot
Corporate Snapshot Board of Directors ASX:BRK For personal use only Michael Fry (Chairman) 26 Week Price $0.007 - $0.015 David Prentice (Managing Director) Last Price $0.01 Loren Jones (NED & Co. Sec) Market Capitalization1 $5,000,000 Price Chart Shares Current Shares on Issue (ASX:BRK) 400,000,000
Slide 6: Unique Joint Venture Structure
Unique Joint Venture Structure Brookside Energy’s agreement with Black Mesa Production, LLC (“Black Mesa”) For personal use only provides unique, low-cost and efficient exposure to the United States E&P energy sector at an opportune time in the commodity price cycle Investing alongside a Tulsa bas
Slide 7: Black Mesa Strategy
Black Mesa Strategy Black Mesa is executing a returns-based, disciplined strategy directed at the For personal use only acquisition of producing properties, lower-risk development drilling opportunities and larger scale entry level acreage plays/concepts Established capabilties to prospect BRK Bla
Slide 8: Basin Scale Review Identifies Focus Play
Basin Scale Review identifies STACK Meramec Play The Black Mesa team and Board For personal use only together have decades of experience STACK Meramec Play prospecting and operating in the prolific mid-continent region of the United States Inset “STACK Meramec Play identified as a See Inset stand ou
Slide 9: STACK Play Strategy
STACK Meramec Play - Strategy The STACK Play For personal use only and specifically the Meramec formation is a stand out in the select group of on- shore United States plays that remain economic at the forward curve Black Mesa has recognized a unique opportunity to break into the STACK Meramec P
Slide 10: Core Focus Area Identified
STACK Meramec Play – Core Focus Area Identified Black Mesa has identified a core focus area Type Log For personal use only within the broader STACK Meramec Play Key reservoir properties include: 250 – 450 ft. of gross Meramec thickness with two productive “benches” (large Hydrocarbon storage c
Slide 11: Recent Results
STACK Meramec Play - Recent Results Well IP (Boe/day) 1 Clayton 1H-0904X 3,180 1a For personal use only 2 Wort 1-21H 2,430 a 3 Vessels 1H-3526X 2,328 1a 4 James 1H-2X 2,166 1a 5 Scheffler 1H-9X 2,040 1a 6 Parker 1-33H 2,030 a 7 Morning Thunder 36-1H 1,980 a 8 Maybel 1H-13X 1,900 1a 9 Stiles 1407 2-4
Slide 12: Industry Type Curve
STACK Meramec Play - Industry Type Curve “World class play For personal use only comparable with the most economic parts of the Permian and Eagle Ford Plays” EUR 1,700 Mboe (58% oil) IP30 Oil 1,300 bbl/day IP30 Gas 3,500 Mcf/day 12-month 380 Mboe cum. 12
Slide 13: Single Well Economics
STACK Meramec Play – Single Well Economics Forward Strip For personal use only Year Oil Gas (US$/Bbl) (US$/Mmbtu) 2017 40.47 2.40 2018 42.11 2.53 2019 43.37 2.60 2020 44.67 2.76 2021 46.01 2.85 Life 47.00 3.00 Assumptions: 1280 acre spacing unit (10,000’ lateral) CWC ~US$8mm - US$11mm NRI ~80% Price
Slide 14: RA Minerals Acquisition
STACK Meramec Play – RA Minerals Acquisition Acquisition represents a first step in a For personal use only strategy to build a position in one of the select group of on-shore United States plays “Brookside has acquired oil that remain economic at the current forward and gas royalties in the curve
Slide 15: Summary
Summary Brookside Energy’s joint venture with Black Mesa Meramec / Osage Depositional Model For personal use only brings together a team of executives and Board members with extensive industry experience and a strong track record for creating significant value from energy start-ups The unique co
Slide 16: Brookside Energy Limited
Brookside Energy Limited Brookside Energy Limited For personal use only Board of Directors Michael Fry (Chairman) David Prentice (Managing Director) Loren Jones (Director & Co. Sec.) Office Suite 9, 330 Churchill Avenue Subiaco Western Australia 6008 www.brookside-energy.com.au General Inquiries Fir
Slide 17: Black Mesa Production, LLC
Black Mesa Production, LLC Black Mesa Production, LLC For personal use only Board of Directors Bill Warnock (Chairman & CEO) John Brock Larry Edwards Chris Girouard David Prentice Executive Team Chris Girouard (President) John Schumer (VP Reservoir Engineering) James Eddleman (Snr. Geologist) Lee Fr