New Frontier Energy, Inc. · OTC:NFEI
New Frontier Energy — Investor Presentation (November 2007)
26 slides from New Frontier Energy's investor presentation, Nov 8, 2007
Slide 1: Trading Symbol: NFEI Presentation
Trading Symbol: NFEI Presentation November 8, 2007
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, a oil & gas exploration company, with interests in three principal properties; the Slater Dome Field, the Flattops Prospect, and the Focus Ranch Federal Unit. The projects are all located near the Colorado and Wyoming border in the Sand Wa
Slide 4: Slater Dome, Flattops & Focus Ranch Unit
Slater Dome, Flattops & Focus Ranch Unit Acreage * Colorado Wyoming Border ° ° Slater Dome, Mofatt County (CO) - 34,500 net acres Focus Ranch Unit, Routt County (CO) - 29,000 net acres Flattops, Carbon County (WY) — 4,000 net acres Project Potential NFEl is operator with 66-75% working interest (17
Slide 5: O&G Operators in Development Fairway
O&G Operators in Development Fairway ierra Madre Field
Slide 6: Slater Dome Field Map
Slide 7: Robidoux 13-7 Well drill site
obidoux 13-7 Well drill site —
Slide 8: NFEI Corporate Milestones
NFEI Corporate Milestones Developed Slater Dome from prospect into core producing asset with 12 BCF proved reserves to NFEI’s interest as of February 28, 2007 Constructed 18 mile gathering line from Slater Dome Field to the Questar tap in Baggs, Wyoming to commence gas production in June 2005 Double
Slide 9: Proven Reserve Report - Feb. 2007
Proven Reserve Report - Feb. 2007 (Reserves report only covers Slater Dome acreage) * 12 BCF - estimated total proved reserves net to NFEI with 47 locations. * 17 BCF - estimated probable resources net to NFEI with 53 locations. = 301 BCF - estimated possible resources net to NFEI with 531 locations
Slide 10: 1 of 8 known gas seeps on the Slater Dome acreage
Slide 11: Summary of Capital Structure
Summary of Capital Structure As of 10/08/07: *« Common stock outstanding: 9.78 million shares « Series B & C convertible preferred equity common stock equivalents: 24.92 million shares After effect of preferred conversion (a better way to evaluate NFEI) + Outstanding shares after effect of preferred
Slide 12: NFEI is Undervalued
NFEI is Undervalued * Industry Valuation Calculation: Reserves in the ground sold in 2007 at $2.50 MCF $ 60 Million Gathering line & system $ 5 Million Acreage position $_40 Million Total $ 105 Million Fully diluted common shares before warrants 34.7 Million Pro Forma value per common share $ 3.02
Slide 13: NFEI is Undervalued
NFEI is Undervalued Currently 6 producing wells = 12 BCF of Proved Reserves 6 wells drilled this summer are estimated to double the reserves in February 2008. Currently producing 1 million cubic feet per day at Slater Dome and expect to be producing 3 to 4 million per day by February 2008 when the p
Slide 14: Forward Price Indications
New Frontier Energy Forward Price Indications Based on 11/2/07 market conditions NFE Price Delivery Month Nymex CIG Basis CIG Outright Questar Dec-07 $8.590 -$2.145 $6.445 $6.245 Jan-08 $8.980 -$1.490 $7.490 $7.290 Feb-08 $9.035 -$1.355 $7.680 $7.480 Mar-08 $8.804 -$1.340 $7.464 $7.264 Apr-08 $8.210
Slide 15: Rockies Express Pipeline nearing completion
Semprat Tallblazer iG {Cheyenne Plains] psco || wic ‘A¥ Proposed Pipeline (Cheyenne - Clarington) se? Entrega (In-Service 2006) AV Possible Expansion @ Market Hubs @ Proposed Interconnections j Rockies Express Pipeline nearing completion: Will Rocky Mountain pricing move closer to Henry Hub? bom Bha
Slide 16: Why New Frontier Energy?
Why New Frontier Energy ? * Management is delivering strong production & reserve growth * Repeatable low risk development strategy * Large inventory of low cost CBM wells with over 600 potential locations *Long term productive wells ranging 20 - 25 years * Significant upside resource potential prese
Slide 17: Market for Common Stock & Related Stockholder Matters
Market for Common Stock & Related Stockholder Matters * NFEI - OTC bulletin board since June 2004 x1 91 7 shareholders of record (not including shares held in street name) * 52 week high 11/17/06 $1.75 = 52 week low 02/20/07 $0.93 *® 17,116 - average volume @ months ended 10/08/07) * 9,782,036 share
Slide 18: 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 19: Supplemental Information
Supplemental Information
Slide 20: Capital Structure Detail
Capital Structure Detail NewFrontier Fnergy Inc Proforma Proforma eer hares Proceeds Proforma issuances: Series B Convertible Preferred 3,756,653 . Series C @ $1.05 automatic conversion in Jan 2010 21,166,646 n Total Conversions without $ aa 24,923,299 2.5 % Convertible Debenture Warrants @ $1.33 pe
Slide 21: Proforma Analysis of Fully Diluted Capital Structure
Proforma Analysis of Fully Diluted Capital Structure ¢ 82.8 million shares would be outstanding after all warrants & options are exercised and 3 entities would own 57% of the total issued and outstanding (NOTE: share issuance would represent $72 million in new funding) Proforma Analysis - based on M
Slide 22: 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 - 10’s Bcf to Tcf’s = Low development cost
Slide 23: Regional Resource
Begional Resource Rocky Mountain 4104 1 Gulf Coast 290.0
Slide 24: Regional Gas Production Trends
Slide 25: Unconventional Resources Lower 48 States
Unconventional RESOUurces LOWET (40 States) Total: 452 Tef 350 323 ’ tos 0 Tight sands Shale Gas Source: Energy Information Administration.
Slide 26: Longer Lead Times in Unconventional Reservoirs
Longer Lead Times in Unconventional a. Reservoirs Implications: * Gradual lowering of the risk * Technology Breakthrough =D * Long Range Impact Production * Environmental Planning er Development Pilot Testing Exploration Coring & Testing Leasing Idea/Concept Lead Time | AfterPaul Agnon & Peter A. De
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