International Frontier Resources Corporation · TSXV:IFR

International Frontier Resources — Investor Presentation (April 2012)

15 slides from International Frontier Resources's investor presentation, Apr 1, 2012

  1. Slide 1: Montana

    MONTANA

  2. Slide 2: Petroleum system overview and regional drilling activity

     Pervasive petroleum saturation covering approx. 175 miles N/S 50 miles E/W  Self sourcing hydrocarbon system with mature Bakken & Exshaw source rocks  Multi zone area with over pressured reservoirs  Oil gravity ranges from 30 – 40 API  54 exploration wells drilled/permitted on the Blackfeet Re

  3. Slide 3: Underpressure and overpressure fairways

    ARGOSY Underpressure a Fairway Overpressure INTANA Glacier County Overpressure Fairway Primary Petroleum

  4. Slide 4: Glacier County 17,400 net acres

    Glacier County 17,400 net acres

  5. Slide 5: IFR Fee Acreage and wells drilled or permitted

    VU IFR Fee Acreage within townships Wells drilled or permitted up to March 2012 SW ALBERTA Legacy/Bowood 1 well Dee Three 3 wells Murphy 8 wells Crescent Point 4 wells Shell 8 wells PetroSpirit 4 wells Coastal 1 well @00000080 Connaught 5 wells NW MONTANA GLACIER COUNTY Newfield 16 wells Rosetta 17

  6. Slide 6: Rosetta drilling activity on Blackfeet Reserve

    ROSETTA DRILLING ACTIVITY ON BLACKFEET RESERVE 30 miles RIVERBEND 12-13H aa 3,500' lateral cA Middle Bakken MONTANA] Tested 403 BOEPD RIVERBEND 07-04H 3,500’ lateral Middle Bakken Tested 154 BOEPD BUFFALO LAKE SIMONSON 34-01H 3,700’ lateral COYOTE Middle Bakken SPRINGS Tested 104 BOEPD @ wy ANTELOPE

  7. Slide 7: Conventional and unconventional plays cross section

    oS CONVENTIONAL & UNCONVENTIONAL PLAYS N. W. MONTANA CROSS SECTION ANSCHUTZ NEWFIELD ROSETTA discoveries discoveries discoveries PROSPECTIVE TARGETS PROSPECTIVE TARGETS Primary: Cretaceous "Cone" Primary: Bakken (oil saturated and Secondary: Bakken over-pressured) Three Forks Secondary: Banff Three

  8. Slide 8: Lethbridge area structure map

    Source: Scotia Waterous; Scotia Capital March 2011 Report Lethbridge ALBERTA MONTANA Blackfeet Reservation ‘Chouteau Contour Interval = 5 meters

  9. Slide 9: Alberta gas fields trending into NW Montana

    Waterton - Alta 38 wells 4524 BCF Liquids-rich gas fields trend into 98 mbbls oil/cond NW Montana Pincher Creek - Alta 38 wells 544 BCF 5038 mbbl oil/cond Lookout Butte - Alta 26 wells 356 BCF 364mbbls oil/cond

  10. Slide 10: Reported IP rates - Alberta

    Reported IP Rates - Alberta D3 ~ IP30 – 415 Bbl/d D3 IP3 – 800 Bbl/d Argosy - 585 Bbl/d Bowood/Legacy - 357 Bbl/d Murphy IP42 - 400 Bbl/d Murphy IP30 - 216 Bbl/d Torc - IP90 - 280 BOEPD Large Liquids-Rich Gas Fields trend into Glacier County

  11. Slide 11: Schematic diagram of play types on Blackfeet Reservation

    cee ETT SCHEMATIC DIAGRAM OF PLAY TYPES ON BLACKFEET RESERVATION ANSCHUTZ | (IFR -MT) | NEWFIELD (IFR -MT) ROSETTA (IFR -MT) Disturbed Belt No Scale - Drawing is approximate width of Blackfeet Reservation PLAY TYPES - Explanation 1. Folded and Fractured Mississippian Carbonates (2807) 2. Jurassic /

  12. Slide 12: Stratigraphic section

    STRATIGRAPHIC SECTION ALBERTA SASKATCHEWAN MONTANA NORTH DAKOTA SOUTHERN PLAINS SOUTHEAST NORTHEAST WILLISTON BASIN NW MONTANA orTer Poe MTHEAD na 5 TURNER VALLEY . CHARLES eames & ft UPPER 5 a s So MIDDLE 3 fo 3 a - HER co 5 g a UVING 2 MISSION: z 2 Zz SHURA Soke Zz g MISSION CANYON a MISSION CANYO

  13. Slide 13: Bakken type curves and times to payout

    BAKKEN TYPE CURVES AND TIMES TO PAYOUT Whiting High (East Sanish; 750 Mbbl) Brigham High (Rough Rider; 700 Mbbl) Enerplus Long (Ft. Berthold; 700 Mbbl) Brigham Low (Rough Rider; 500 Mbbl) Enerplus Short (Ft.Berthold; 400 Mbbl) Whiting Low (West Sanish; 400 Mbbl) Alberta/Montana (Bakken Type Well; 25

  14. Slide 14: Fee acreage, leases and royalties

     “Fee Acreage” covering 20,000 gross acres, 17,400 net acres  Leases granted to Anschutz, Newfield, Rosetta and others  Fee Acreage being de-risked by Anschutz, Newfield & Rosetta drilling programs  Royalties range from 12.50% to 18.75% ~ average 16.66%  Lease holders required to drill wells pr

  15. Slide 15: International Frontier Resources Corporation

    Zz International Frontier Resources Corporation 7 Certain information regarding the Corporation in this presentation including management's assessment of future plans and operations, timing of drilling and tie-in of wells, productive capacity of the new wells and productive capacity from different w

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