RE: Investors Presentation from Monday9 Dec 2017 17:30
Executive Summary From the Investors Presentation
• Earning 75% Working Interest (“WI”) in over 92,000 gross acres in one of the most prolific Unconventional Resource Oil & Gas plays in the U.S.A.
• US$5.5m (including one well) carry for Rockies Standard Oil Company LLC (“RSOC”) retaining 25% WI
• Fully funded and proceeding with 40sq mile 3D seismic shoot to identify drill targets and permit 5 drilling locations in Paradox Basin
• Gunnison Valley Unit (Paradox basin) 3D seismic shoot fully permitted and shoot ready – Optimised Designcomplete
• Optimised to 40sq mile - 3D Seismic provides essential data for unlocking the Paradox - fracture driven basin
• Ryder Scott Resource Report estimate Total “Mean-Case” Certified Gross Unrisked Prospective Recoverable
Resources to Rose over its total Paradox acreage of:
• 1.1 Billion barrels of oil and 2.2 Trillion cubic feet of gas
• Cane Creek is an established & proven productive drilled since 1962 – new technology is key
• Extensive existing infrastructure already in place across the region
• Early drilling success will convert the relevant prospective resources into reserves
• Initial Well planned to be spudded in H2 2018
• Assessing the Lithium potential within the Gunnison Valley Unit
THIS IS AT AN ALL TIME LOW FOLKS.
LOAD UP NOW FOR MEGA RERATE IN 2018