Red Sky Energy Limited · ASX:ROG
Red Sky Energy — Allegra Capital Presentation, July 2007, Perth
21 slides from Red Sky Energy's conference presentation, Jul 27, 2007
Slide 1: Growing exponentially by applying risk reducing technology
For personal use only Growing exponentially by applying risk reducing technology Allegra Capital Presentation, July 2007, Perth Barry Adams, Director
Slide 2: Disclaimer
For personal use only Disclaimer Red Sky Energy (the Company) has prepared this Presentation. Whilst the information contained in this publication has been prepared with all reasonable care from information provided by the Company and from sources, which the Company believes are reliable, no respons
Slide 3: Red Sky - The Company
For personal use only Red Sky - The Company ASX Code ROG Market Capitalization $18.5M Date listed 23 May 07 Issue price 20 cents Shares outstanding 92.5M Options outstanding 20.9M Top 10 shareholders hold 62M shares = 67% Share price high / low 21 / 16 cents Cash on Hand $3.5M
Slide 4: Strategy
For personal use only Strategy Achieve the highest drilling success rate and fastest profit growth in the peer group by • Integrating the proprietary risk reducing technology data with proven seismic and geological data to select the lowest risk drilling prospects on its “near production” farmin are
Slide 5: Management and Board
For personal use only Management and Board – Bryan Quinn, Managing Director (Effective 1 August 2007) • Experienced and proven senior manager with a track record of achieving results with Esso Australia, Rio Tinto and PowerCor Australia – Klaus D. Zahnd, Non-Executive Chairman • Extensive internatio
Slide 6: Risk Reducing Technology Edge
For personal use only Risk Reducing Technology Edge Traditional Cooper Basin drilling success Peer group 25% Drill success 4 wells to gain 1 mmboe Dry holes valued at $45M net Estimated Cooper Basin drilling success for Red Sky ROG competitive advantage 4 wells to gain 1.33 mmboe 35 Drill success %
Slide 7: Red Sky's Economic Target
For personal use only Red Sky’s Economic Target Operator’s Preliminary Estimate ROG Red Sky Energy Estimate Gross Target Resources Net share Net Target Resources Recoverable Recoverable % Recoverable Recoverable Oil mmbbl Gas Bcf Oil mmbbl Gas Bcf PEL 93 12.5 10.5 50 6.25 5.25 PEL 91 6 5 50 3 2.5 PE
Slide 8: Established Technology
For personal use only Established Technology Risk reduction / Success enhancement ROG has first option and right to use the Technology for an 18 month period onshore Australia
Slide 9: Measuring Hydrocarbon leakage
For personal use only Measuring Hydrocarbon leakage Zone of vertical migration HYDROCARBONS FROM TRAP ENHANCED MIGRATION ALONG FAULTS
Slide 10: Delivered Interpretation Data (typical)
For personal use only Delivered Interpretation Data (typical) Hydrocarbon signatures shown over a structural map of the survey area Correlate with existing geology and seismic Select target
Slide 11: Red Sky's Exploration Interests
Red Sky’s Exploration Interests For personal use only
Slide 12: Drilling Program
For personal use only 12 Month Drilling Program Onshore Cooper Basin: PEL 93: Rainbird – 1 : Stuart Petroleum PEL 91: Unnamed : Great Artesian / Beach PEL 106: Unnamed : Great Artesian PEL 91: Unnamed : Great Artesian / Beach Onshore Carnarvon Basin: EP444: Unnamed : Rough Range Oil
Slide 13: Cooper Basin Interests
For personal use only Cooper Basin Interests • 7,300 line km surveys flown • Four farmins • PEL 91 Great Artesian • PEL 106 Great Artesian • PEL 93 Stuart Petroleum • PEL 110 Beach Petroleum
Slide 14: Cooper Basin PEL / Lead Map drill prospects nominated
For personal use only Cooper Basin PEL 93 / Lead Map 12 drill prospects nominated Operated by Stuart Petroleum Selected on 2D seismic ROG geochemical signature over permit area
Slide 15: Rainbird-1 / Murta and Patchawarra Oil Play
For personal use only Rainbird-1 / Murta and Patchawarra Oil Play First of 12 drilling prospects Robust target on seismic ROG geochemical confirmation ROG pays 98% to earn 49% of resulting production Farmout contemplated
Slide 16: Rainbird-1 Seismic match-up
For personal use only Rainbird-1 Seismic match-up
Slide 17: Onshore Carnarvon Basin Interest
For personal use only Onshore Carnarvon Basin Interest 2,100 line km airborne geochemical survey flown Rough Range Oil Seismic being interpreted ROG earns 50% in 1.7 million acre permit
Slide 18: Darling Basin Interest
For personal use only Darling Basin Interest 10,400 line km of airborne geochemical surveys flown over Six Petroleum licenses PEL 419 PEL 420 PEL 447 PEL 448 PEL 449 PEL 451 Overall license area 47,468 km2. (11.7 million acres).
Slide 19: Prospect Lead Inventory
For personal use only Prospect Lead Inventory - Eleven leads in PEL 93,Cooper / Stuart - Four leads in PEL 110,Cooper / Beach - Leads in EP 444, Carnarvon / Rough Range Oil - Leads in PEL 420, Darling Basin / Red Sky
Slide 20: Investment Case
For personal use only Investment Case • Solid economic target exceeding 300 mmboe • Risk reduction technology allows for exceptional success yield • Highly skilled Management and Board • Significant exploration acreage in the Cooper and Darling Basin • Aggressive drilling program provides potential
Slide 21: For personal use only
www.redskyenergy.com.au For personal use only
Red Sky Energy — Allegra Capital Presentation, July 2007, Perth on 6ix