Nextraction Energy Corp · OTC:NXTFF

Nextraction Energy — Investor Presentation (March 2011)

23 slides from Nextraction Energy's investor presentation, March 2011

  1. Slide 1: Corporate Presentation

    Corporate Presentation March 2011 The NEXT round of extraction on known plays

  2. Slide 2: Disclaimer and Forward Looking Statements

    •DISCLAIMER The information contained in this presentation is confidential. The contents are not to be reproduced or distributed to any third party, including the public or press. The information contained herein, while obtained from sources which we believe are reliable, is not guaranteed as to its

  3. Slide 3: Company Assets

    Company Assets PROVOST VIKING oil SATURN 4 Producing Wells 31 Sections 3.25 Sections 20-50 potential wells 10 – 12 Horizontal well Multi-horizon potential Oil play CANADA USA PINEDALE 5.5 Sections; 1 producing well 32 possible well locations APPALACHIAN SHALE 109 Sections Up to 500 possible location

  4. Slide 4: Corporate Management

    Corporate Management  Mark S. Dolar, President & CEO  30 years of experience in developing oil and gas reserves  Discovered 2.5 trillion cubic feet of gas  Industry leader in corporate governance  Paul D. Trost, PhD, Chief Operations Officer  Over 35 years experience in exploration and product

  5. Slide 5: Share Structure

    Share Structure March, 2011 Issued and Outstanding Shares 26,194,864 Warrants (3/29/11 @ $1.25) 2,120,000 Stock Options 2,140,000 Fully Diluted Shares 30,454,864 Current Share Price ~ $1.02 Current Market Cap ~ $26.7 MM Treasury $3.9 MM Nextraction Energy is a debt free, tightly held company 4

  6. Slide 6: Provost Oil Project – Alberta, Canada

    Provost Oil Project – Alberta, Canada • Cost: $2.8 million –Magnum Energy (JV Partner) pays 50% out of production • Nextraction`s Calgary-based Petroleum Engineer, Kent Edney, experienced at drilling Viking formation • Viking A Formation – Vertical wells have produced up to 300,000 barrels of oil pe

  7. Slide 7: Provost Field

    Nextraction Leasehold 15 potential horizontal wells 800 meter depth 1,200 meter leg $1.5M per well Provost Field Viking “A” sand Light oil – defined pool 6

  8. Slide 8: Provost Field Defined Pool

    Provost Field Defined Pool  80 million barrels of oil in place*  3 million barrels of oil produced to date* 297,000 barrels of oil Well Recompletions to increase production 240,000 barrels of oil Positive Conventional Nextraction Provost Viking JV Wells Eastern Alberta •McDaniels Consultants Uniti

  9. Slide 9: Provost Viking A Oil Pool – Alberta, Canada

    Provost Viking “A” Oil Pool – Alberta, Canada Acquisition includes 4 Producing Wells:  Less than 5% of oil in place has been produced  Cumulative to date: 665 thousand barrels of oil  Daily Average Production: 30 barrels of oil/day  Evaluating Opportunity to Increase Production Volumes of Existi

  10. Slide 10: North Pinedale Project – Sublette Co., WY

    North Pinedale Project – Sublette Co., WY • 100% interest in two wells with 150% revenue for payout, then 76% working interest • 100% interest in 1600 acres, 25% interest in 2500 acres • P2 reserves of 5.3 BCFGE; P3 reserves of 80 BCFGE* • 40 year life reserves • 30+ wells on 20 acre spacing *Based

  11. Slide 11: North Pinedale Anticline

    North Pinedale Nextraction Anticline Recently completed the 14,888’ Proposed Noble 6-24 well and  Completed a 20 multi- location is producing stage frac  Over 800 Feet of Net Noble #6-24 Pay Bottom Hole Location  Combined IP of 4 Million Cubic Feet of Gas + 30 Barrels of Condensate Per Day  Acqu

  12. Slide 12: Subsurface Well Delineation

    Subsurface Well Delineation Development moves in northerly direction on 5 to 20 acre spacing New location 800 feet of net pay Lance Formation Pay Zones Mesaverde Formation Pay Zones 11

  13. Slide 13: Saturn Oil Project – Daniels Co. MT

    Saturn Oil Project – Daniels Co. MT • Seismic Farm in Agreement • 3-D Seismic $1 million ( 75% Nextraction / 25% Primary Petroleum ) • Drilling program • 1st well after Seismic $1.2M to drill, core and produce • 4 potential oil producing reservoirs including Bakken • Earn 100% of 2 sections with wel

  14. Slide 14: Saturn Oil Project

    SATURN OIL PROJECT Daniels Co., MT Bakken Fairway Joint Venture with Primary Petroleum 3-D Seismic in Q2 2011 Followed by Test Well Multi-Horizon potential  Bakken  Ratcliffe  Madison  McGowan  Mission Canyon Map Source – Primary Petroleum 13

  15. Slide 15: Saturn Leasehold Position and 3-D Seismic Outline

    Saturn Leasehold Position and 3-D Seismic Outline 14

  16. Slide 16: Appalachian Basin Project – Kentucky and Tennessee

    Appalachian Basin Project – Kentucky and Tennessee • 100% interest in 25 wells until payout; 75%-65% interest after payout • Over 500 locations on 70,000 acres • Multi-horizons, long life reserves • Sells into NYMEX market place • Undiscovered gas resource of 400-2,500 BCFGE* *Based on reserves proj

  17. Slide 17: Appalachian Basin Shale Gas Project

    APPALACHIAN BASIN SHALE GAS PROJECT Potential Resource Play of ~ 490-2,500 BCFG 500+ locations * Kentucky and Tennessee, USA *MHA Associates Inc. technical report dated effective 4-1-2010 16

  18. Slide 18: Nextraction's Planned Drilling

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  19. Slide 19: Nextraction's Theme for Growth

    Nextraction’s theme for growth: Find the Next Round of Extraction on Known Plays Nextraction’s Mission Statement: Generate Shareholder Value though organic growth by applying our competitive advantage in identifying, drilling, completing and producing oil and gas reserves Nextraction’s Critera: Gene

  20. Slide 20: Nextraction in 2011

    Nextraction in 2011 Q1 Q2 Q3 Q4 Pinedale - Noble 6-24 Initial Flow Rate 3 Million CFG/D Provost - Nextraction Acquires Alberta Viking Oil JV Pinedale - NE Acquires 3-D Seismic, Initiates 2-D Seismic Provost - Recomplete 2 Viking Vertical Wells Provost - Permit Four / Drill Two Viking Horizontal Well

  21. Slide 21: Nextraction 2012 Strategic Plan

    Nextraction 2012 Strategic Plan Development 2012 Provost Viking Oil JV $7 million Saturn Multi-Horizon Bakken JV $7 million Pinedale Natural Gas/Condensates $7 million Appalachian Shale Project Maintenance/ Standy-by 20

  22. Slide 22: Summary

    SUMMARY Current Production Provost-Viking (Alberta) • Oil 30 b/day Current Production Pinedale (Wyoming) • Natural Gas 800,000 cubic feet of gas / day • Condensate 30 b / day Aggregate cash flow $120,000 / month ( 55% oil )  2011 … Growth Plan is Clear and Funded  2012 … Develop Large Scale with E

  23. Slide 23: Nextraction Energy Corp. Contact

    Nextraction Energy Corp. 550 Burrard Street, Suite 328 Vancouver, B.C., Canada V6C 2B5 Company Contact: Investor Relations Contact: Daniel Gibbons Sequoia Partners, LLC Manager, Corporate Relations Phone: (604) 601-5614 Phone: (604) 630-0300 Don Graham Cell: (778) 558-4310 Cell: (604) 737-9021 James

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