Petro River Oil Corporation · OTC:PTRC
Petro River Oil — Investor Presentation (June 2019)
22 slides from Petro River Oil's investor presentation, Jun 18, 2019
Slide 1: Corporate Presentation June 2019
CORPORATE PRESENTATION JUNE 2019 u petroriver OTCBB: PTRC WWW.PETRORIVEROIL.COM Diversified Global Explorers
Slide 2: Key Statistics
KEY STATISTICS Petro River Oil focuses on high rate-of-return assets by utilizing modern 3D séIsMic Imaging to discover overlooked oil reserves. 26.85 $9.13 MM MM Stock Stock Piice Shares Market Debt Symbol (6/3/19) Outstanding* Capitalization ‘includes Common Stock and Preferred Stock Forward Looki
Slide 3: Petro River Is Different
Petro River Is Different Microcap E&P with No Debt Exposure to California and Oklahoma Reserves Multiple Foréign Exploration Projects 100% Conventional. Profitable at $30 per barrel of Oil. Horizontal or Shale Drilling. Reduce Exploration Risk With 3D Séismic Exposure to Multiple Foréign Projects Ex
Slide 4: Corporate Strategy
Corporate Strategy We pursue scalable, repeatable and lucrative diilling programs in shallow, proven oil and gas basins. Acquire Contiguous acreage blocks in portions of proven oil and gas basins. Explore Utilize modern 3D Seismic technology to identify low-cost and high-return prospects, particular
Slide 5: Company Highlights
Company Highlights @ Focus International Exploration Petro River owns an interest in an offshore U.K. North Sea exploration project through its ownership in Horizon Energy Partners, LLC ("Horizon Energy”) and Horizon Energy Acquisition, LLC ("Hofzon Acquisition"), and ani interest in an offshore Den
Slide 6: Portfolio Snapshot
Portfolio Snapshot Offshore Denmark Total Acres: 150,000 Grapevine, Kern County, CA 1,500 Acres Mountain View, Kern County, CA 5,750 Acres Pearsonia West ‘Osage County, OK ‘Total Acres: 87,740
Slide 7: International Exploration: North Sea
International Exploration: North Sea
Slide 8: Why the North Sea?
Why the North Sea? The History * Over 50 billion barrels of dil and 125 tiiflion cubic feet of gas produced Since the late 1960's. + Compared to the Gulf of Mexico, the North Sea is not a mature basin. + Lack of existing 3D séismic data opens possible unevaluated opportunities. * Relatively low leve
Slide 9: North Sea Assets: United Kingdom
North Sea Assets: United Kingdom Background * Horizon Energy and Horizon Acquisition have substantial “interest in multiple licenses in the North Sea U.K. Petro River owns a 14.5% stake in Horizon Energy, and a 14.5455% interest in Horizon Acquisition. Ardent Oil Ltd, a U.K. based team, is directing
Slide 10: North Sea Assets: The Jarnsaxa Prospect, Denmark
North Sea Assets: The Jarnsaxa Prospect, Denmark ez sor Ardent/Horizon Danish Assets) | Current Opportunity Naturally fractured basement play, analogous to the recent major discoveries made by Hurricane Energy ple west of the Shetland Islands in the U.K. * The Jarnsaxa prospect is over 200 square Ki
Slide 11: Domestic Assets: California
Domestic Assets: California
Slide 12: Kern County, California
Kern County, California Home to 4 of the 10 Largest Oil Fields in the U.S. The Landscape The San Joaquin Valley is home to twenty-one giant oil fields, which have each produced over 100 million barrels of oil, and four super giant fields, which have produced over one billion barrels of oil. All supe
Slide 13: Horizon Energy Partners
Horizon Energy Partners Horizon has substantial working interests in two project areas with large oil and gas lease positions operated through wholly owned subsidiaries and a knowledgeable and experienced geoscience and engineering team. Grapevine Project New 24 square-mile 3D survey acquired and pr
Slide 14: Grapevine Project
Grapevine Project Kern County, CA Zone of Interest Stevens Sandstone in a regional sub-basin that has produced over 150 million barrels of oll. Horizon Working Interest 33.75% owned by Horizon through Grapevine Energy, LLC, a wholly owned sub8idiary of Horizon and operator of the project 2019 Produc
Slide 15: Mountain View Project
Mountain View Project Kern County, CA Zones of Interest The Mountain View field contains multiple Miocene and Pliocene sandstones and has produced over 90 million barrels of oil and 100 billion cubic feet of gas Since the initial discovery in 1933. Horizon Working Interest 42.25% owned by Horizon th
Slide 16: Domestic Assets: Osage Oklahoma
Domestic Assets: Osage Oklahoma
Slide 17: Pearsonia West: Facts
Pearsonia West: Facts Location Osage County, Oklahoma Size rw, k ‘i i Working Interest 75% 7 L Le NJ Mineral Rights Single mineral rights owner; 76% Net Revenue Interest to 8/8ths. 2019 Drilling & Exploration Plan Developn of IC conc v diifling prograr h EURs of $0,000 BOE per well. ASSET RISK PROFI
Slide 18: Why Osage?
Why Osage? Our land ts rich with history, and oil. Low Cost Drilling Development and production costs of approx. $200,000 per well 00000 New Data July 2016: 35 square mitles of 3D séismic reprocessed; defined 4,480 acres of structural closures; multiple target formations, both Pennsylvanian and Miss
Slide 19: Our Concession
OUR CONCESSION Pearsonia West - Osage County, Oklahoma
Slide 20: Development Plan — Single Well Economics
Development Plan — Single Well Economics INTEREST Assumptions ‘Oil Phice (S/bbI) I | __GasPice tse) _| Monthly Lease: Operating Expense per well N. Blackland Field Cashflow Cap Ex 15 YR 3.5YR 5.5 YR Life of Well IR Arsaga Field and Section 13 Cashflow Cap Ex 1YR 3YR _5YR _Life of Well of Well ee EUR
Slide 21: Key Takeaways
Key Takeaways Now is a Great Time to be a Shareholder of Petro River Diverse Conventional Portfolio With low risk and low cost operating areas Cash Flow Positive Fully Funded New 10 Operations in Well Program in lt hace Osage County, Osage County Feu ME eran Oklahoma - ‘ 9 ATT SIe SH Pearsonia West
Slide 22: Petro River contact details
q petroriver 55 Fifth Avenue, Suite 1702 New York, NY 10003 (469) 828-3900 ir@petroriveroil.com OTCBB: PTRC petroriveroil.com