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    New Investor Overview March 2011

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    Disclaimer

    Forward Looking Statements

    This presentation contains forward-looking statements. More particularly, this presentation contains statements concerning the anticipated future corporate plans and initiatives forGreenfields Petroleum Corporation (Greenfields) . Some of the forward-looking statements can be identified by words such as expects,anticipates, should,believes,plans,will

    and similar expressions. Specifically, forward-looking statements in this presentation include the anticipated milestones schedule, the amount of anticipated net annual cash flow andthe companys drilling program. The forward-looking statements contained in this document are based on certain key expectations and assumptions made by Greenfields, includingexpectations and assumptions concerning timing of receipt of required shareholder, regulatory or third party approvals, the availability of equity investment, the ability to acquire assets,the success of future drilling and development activities, the performance of existing wells, the performance of new wells, the application of regulatory and royalty regimes, the volatility ofoil and gas prices, the receipt of cooperation from contractual counterparties where their assistance is required and prevailing commodity prices and exchange rates.

    Although Greenfields believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on theforward-looking statements because Greenfields can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, bytheir very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include,but are not limited to, the failure to obtain necessary shareholder, regulatory or other third party approvals to the planned transactions, risks associated with the availability of capital inthe financial markets, risks associated with the oil and gas industry in general (e.g., operational risks in development, exploration and production; delays or changes in plans with respectto exploration or development projects or capital expenditures; the uncertainty of reserve estimates; the uncertainty of estimates and projections relating to production, costs andexpenses, and health, safety and environmental risks), commodity price and exchange rate fluctuations and uncertainties resulting from potential delays or changes in plans with respectto exploration or development projects or capital expenditures.

    The forward-looking statements contained in this document may not be appropriate for other purposes and are made as of the date hereof and Greenfields does not undertake anyobligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicablesecurities laws.

    Disclaimer

    Greenfields securities are a highly speculative investment and are not intended as a complete investment program. They are designed only for sophisticated persons who can bear theeconomic risk of the loss of their investment in Greenfields and who have limited need for liquidity in their investment. There can be no assurance that Greenfields will achieve itsinvestment objective. Target investment goals are not a guarantee of future returns.

    The attached material is provided for informational purposes only as of the date hereof, is not complete, and may not contain certain material information about Greenfields, includingimportant disclosures and risk factors associated with an investment in Greenfields. This information does not take into account the particular investment objectives or financialcircumstances of any specific person who may receive it. More complete disclosures and the terms and conditions relating to an investment in Greenfields will be contained inGreenfields subscription agreement and/or similar offering documents. Before making any investment, prospective investors should thoroughly and carefully review such documentswith their financial, legal and tax advisors to determine whether an investment is suitable for them.

    This document and its contents are confidential. It is being supplied to you solely for your information and may not be reproduced or forwarded to any other person, or published (in

    whole or in part) for any purpose.

    Measurement

    Where amounts are expressed on a barrel of oil equivalent (BOE) basis, natural gas volumes have been converted to oil equivalence at six thousand cubic feet per barrel. The termBOE may be misleading, particularly if used in isolation. A BOE conversion ratio of six thousand cubic feet per barrel is based on an energy equivalency conversion method primarilyapplicable at the burner tip and does not represent a value equivalency at the wellhead.

    Currency

    All amounts in this presentation are in US dollars unless otherwise noted.

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    Executive Summary

    Greenfields Petroleum Corporation (Greenfields or the Corporation) is a junior oil andnatural gas corporation focused on the development and production of proven oil and gas

    reserves principally in Azerbaijan. The Corporation plans to expand its oil and gas assets through farm-ins and acquisitions of

    concessions from foreign governments of previously discovered and undevelopedinternational oil and gas fields, also known as "greenfields".

    The Board of Directors and senior management of the Corporation are experienced infinancing and operating international oil and gas companies.

    Former GFI Oil & Gas Corporation (GFI) management team (GFI sold to Salamander

    Energy plc in early 2008 for CDN$290.3 million).

    Company directors and executive officers are shareholders (over 4.9 million shares);representing approximately 1/3 of the current shares outstanding.

    Greenfields has obtained a 33.33% before payout (26.67% after payout) working interest inan Exploration, Rehabilitation, Development and Production Sharing Agreement (the"ERDPSA) in offshore Azerbaijan (Caspian Sea):

    Approximately 76,500 acres (gross) of exploration and rehabilitation rights.

    Current production net to Greenfields of 1,350 BOED (60% gas).

    Phase I Development (next 36 months) will increase net production to over 6,000 BOED (66%gas)

    In the fourth quarter of 2010, the Company completed its initial public offering and raised netproceeds of approximately $38.9 million. Greenfields trades on the TSX Venture Exchange(TSX-V) under the symbol GNF.S.

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    The Prize Inside Current Assets

    Near Term Strategy

    Estimated IRR of > 100% on capital employed during Phase I.

    Estimated F&D of approximately $13.00 to $14.00/BOE from Phase I development.

    PV10 (proved plus probable) from Phase I development program at Bahar ERDPSA of $123.9 MM

    Production and Reserves

    Current net production 1,350 BOED (60% gas).

    Miller and Lents, Ltd. 2011 estimated production (P+P) 1,945 BOED. (1)

    April 2010 reserves: Proved 11.8 MMBOE(1) andProved plus probable 13.4 MMBOE (1)

    Project net capital expenditure (18 months) of $24.3 million in Bahar ERDPSA (1)

    Current working capital $43 million.

    Future Upside

    Production increases through the use of modern completion techniques (versus dated Soviet stylecompletions) - ESP, horizontal wells, dual completions and additional compression.

    Additional reserves bookings from detailed mapping of the 24 reservoirs to LK oil and gas levels.

    Exploration area (Bahar 2) is being shot with 3D seismic in 2011 and lies on same structural trend betweentwo producing giant gas fields (7 TCF & 25 TCF).

    Submission of phase II development plan to allow for continued development of some of the 300MBOE ofremaining reserves and additional reserve bookings from Phase II program.

    (1) Miller and Lents Reserves Evaluation April 20104

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    Greenfields has a highly experienced team with proven track records starting & developingpublic and private oil and gas companies.

    The Greenfields Team

    Executive Management

    Over 35 years of experience in geology, negotiations and directingcorporate development (Tenneco, Apache, Enron Oil and GasInternational, Anadarko and GFI Oil & Gas Corporation).

    Over 30 years experience in engineering, operations & businessdevelopment (Exxon, Union Texas, Arco/BP, FIOC, Hurricane,Anadarko and GFI Oil & Gas Corporation).

    Over 30 years experience in negotiations, finance & businessdevelopment (Amoco, TransCanada Pipelines & Anadarko).

    Alex WarmathChief Technical Officer

    RichardMacDougal

    Chief Operating Officer

    John HarkinsChief Executive Officer

    Successful track record of capturing opportunities and executing developments.

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    Board of Directors

    Michael Hibberd

    Chairman

    Currently Chairman of Heritage Oil Plc. and Canacol Energy Ltd., Co-Chairman at Sunshine Oil Sands Ltd., Director of AltaCanada EnergyCorp., Avalite Inc., Pan Orient Energy Corp. and Sagres Energy Inc.

    Donald IngramDirector

    Former Chairman of Sultran Ltd., Senior VP at Husky Energy Inc., Directorat NAL Oil & Gas Trust and SilverBirch Energy Corporation.

    Garry MihaichukDirector

    Previously senior officer of TransCanada Pipelines Ltd., Amoco Corporationand Husky Energy Inc.

    Chris Rivett CarnacDirector

    Former CEO of Serica Energy plc, (TSX Venture listed). Currently withWorldwide Petroleum Services Ltd., and a former Director of Pacific TigerResources Inc.

    John HarkinsDirector

    Richard MacDougal

    Director

    Alex WarmathDirector

    Greenfields Management

    Team Members

    6

    Strong, internationally experienced Board of Directors

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    General Development of the Business

    March Founders completed the sale of GFI Oil & Gas for CDN$290.3million; founded, built and sold in 34 months. GFI operated offshoredevelopment Block in Gulf of Thailand and held non-operated interests inoffshore Indonesia.

    Greenfields Petroleum LLC (GNF) founded by Rich MacDougal andAlex Warmath.

    April completed $10 million funding from RCH Energy opportunity FundII LP and GFP LLC for the programmed activities in Texas and Kansas.

    May Acquired Anadarko 51% working interest and Operator ofBungaMas PSC onshore South Sumatra, Indonesia.

    June Opened office in Jakarta, Indonesia to perform the committedwork program obligation of shooting 430 sq. km. 2-D seismic and drilling11 exploratory and field extension wells.

    July Completed Phase I funding - $4.3 million for GreenfieldsPetroleum LLC.

    March Signed Heads of Agreement (HOA) with SOCAR (National OilCompany of Azerbaijan) to evaluate several opportunities in offshore

    Caspian Sea.

    April Completed the sale of GFPs BungaMas, Indonesia interests toAsia Pacific Exploration Company, for cash and a net profits interest.

    2009

    2008

    November President of Azerbaijan signed a decree for SOCAR to

    develop an ERDPSA with Bahar Energy, in which Greenfields owns33.33%. Greenfields will operate 2 producing fields containing over 50platforms in offshore Caspian Sea. Bahar Energy will recomplete 78wells, drilling 36 wells and installing 5 platforms in next 36 months.

    December SOCAR and Bahar Energy signed a ERDPSAagreement that contains Bahar gas field and Gum-Deniz oil field.Greenfields owns a 26.67% WI in the PSA and will serve as technicaloperator for Bahar Energy in the two fields that have reserves of 307MMBOE of known reserves (116 MMBL + 1.2 TCF).

    2010

    February Completed a private placement of 1 million units (eachunit comprised of one common share and one-half share purchasewarrant) at $5.00 per unit for gross proceeds of CDN$5.00 million.

    April ERDPSA voted into law by the government of Azerbaijan.September Completed a private placement of 1.97 million commonshares at $6.50 per share for gross proceeds of CDN$12.83 million.

    October ERDPSA becomes Effective and the Bahar EnergyOperating Company takes over operations of the Bahar Project.

    November Completed IPO and over-allotment of 4.87 million sharesfor net proceeds of $38.9MM and began trading on TSX VentureExchange.

    December start procurement of tubulars and ESPs, and tendering ofrigs and long lead items for recompletion program.

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    Business Strategy

    Greenfieldsseeks to capture and exploit previously discovered and undeveloped international oil and gasfields.

    Proven hydrocarbon fields requiring further delineation or infrastructure (vs. wildcat exploration). Near-term production or existing cash flow.

    Frequently contain significant exploitation and exploration upside.

    Greenfields has identified over 900+ greenfields worldwide Focus on areas where management has previous experience with established business networks.

    Projects having first production within 36 months.

    Development opportunities with a much lower investment risk profile and higher IRR.

    World class opportunity in Azerbaijan 12 month subsurface work project confirms OOIP of 2.1+ billion barrels and OGIP of 7.7 TCF

    Underdeveloped and under produced assets were the result of the former operators (FSU)removing capital to fund Siberia developments to capture Europe gas market

    Introduce modern production techniques to aging Soviet-era fields. Installation of down-hole electric submersible pumps and gas compression, sidetrack of existing

    wellbores and perforating proven unproduced horizons.

    Increase existing production and develop proved undeveloped reserves in Bahar Gas Field andGum Deniz Oil Field mainly using existing wellbores.

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    International Opportunity - Azerbaijan

    Azerbaijan gained independence from FSU in 1991.

    Emerging as important exporter of oil and natural gas aswell as transportation hub between Europe and CentralAsia.

    One of the few non-OPEC countries capable ofsignificantly increasing its output over the next few years1.

    The country's oil production has more then quadrupledin the last 10 years and is currently in excess of

    ~1,000,000 Bbl/d2.

    Proven reserves estimated at 7 billion barrels of oil and 30Tcf of natural gas (January 2009)2.

    One of largest and most prolific basins in the Caspian Sea.

    The Shah Deniz filed is considered to be one of theworlds largest natural gas discoveries in the last 20years (BP operated)1.

    The State Oil Company of Azerbaijan Republic (SOCAR)is associated with all international companies operating incountry.

    Companies Currently Operating in Azerbaijan:

    (1) October 2009 EIA report: Country Analysis Azerbaijan.(2) January 2009 Oil & Gas Journal estimate.

    Bahar PSA

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    Bahar ERDPSA Offshore Shallow Water Caspian Sea

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    Bahar Field

    CUM 4.3 TCF , 84 MMBOREM 1.2 TCF, 23 MMBO

    Gum-Deniz FieldCUM 207 MMBOREM 116MMBO(1)

    Sangachal Field

    3.7 TCF , 800 MMBO

    Shah-Deniz Field25.0 TCF& 1,600 MMBO projected

    Guneshli Field

    9.7 TCF , 14 BBO

    Neft Dashlary Field

    1,200 MMBO

    Bahar 2

    Exploration Area

    (1) 15% recovery factor applied.

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    Bahar Field Re-Development Plan Phase I

    Cumulative production of 4.3 TCF, 84.0 MMBBL ofcondensate.

    Average cumulative production per well of 31.2 BCF of gas &0.6 MMBBL of condensate.

    Initial Part I Development Program

    Installation of compressors and de-bottlenecking activitiesare planned to improve production rates.

    16 existing producing wells to undergo downholeoptimization.

    selected facilities and platforms will be upgraded.

    Part II Development Program

    Recompletion activities on approximately 53 wells.

    Pursue the development of additional proven undevelopedreserves.

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    Part III Development Program

    Sidetrack approximately 6 wellbores to access deeperzones that have yet to be perforated and produced.

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    Bahar Field Type Log Bahar 019

    12 pay zones inside the 1,675 meters stratigraphic interval.

    Total net sand pay in a well can exceed over 300 meters.

    Most wells have multiple pay zones and many behind pipezones yet to be perforated.

    SPBL70 -10.0 RT

    0.20 100

    POR0.25 -0.10

    4000

    5000

    -300

    -4000

    -5000

    -

    -

    -

    NKP

    VII

    VIII

    V

    IX

    KS

    NKG

    X

    SP

    VI

    I

    . .:

    r r

    Horizon I

    Horizon VHorizon VI

    Horizon VII

    Horizon VIII

    Horizon IX

    Horizon X

    Horizon SP

    Horizon NKP

    3,500 meters

    4,000 meters

    4,500 meters

    5,000 meters

    Well #209 drilling was the second well drilled in the last tenyears. IPF of 9.5 MMCFD & 445 BCPD in September 2010.

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    Gum Deniz Field Re-Development Plan - Phase I

    New Platform Locations

    Cumulative production of 207 MMBBL of oil and 581 BCF ofgas.

    Average cumulative production per well of 556 MBOE.

    Part I Development Program

    24 well optimization upgrades are planned on producing wells.

    Replace failed tubing and place downhole electric submersiblepumps on selected wells.

    Part II Development Program

    25 recompletions in zones of wells that have not previouslybeen perforated and produced.

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    Part III Development Program

    Sidetracking approximately 4 existing wellbores.

    Bahar Energy plans to construct and install 5 new offshoreplatforms in the Gum Deniz field.

    Part IV Development Program

    Drill up to 36 new development wells.

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    Bahar Energy Gum Deniz Satellite View - Complex Map

    Island Office Complexes

    Gum Denizi Field Causeways

    Gum Denizi Field Platforms

    Bahar field

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    Gum Deniz Field Type Log Gum Deniz 456

    12 separate vertical pays zones are found across the field.

    Established production over a stratigraphic interval of morethan 1,580 meters.

    Most producing zones display permeabilities of 100 to 230md and porosity ranging between 15-25%.

    Most wells have multiple pay zones.

    Estimate of over 2 billion barrels of OOIP.

    QP-SV_BU-90 50 N05-SV

    0.20 100NQK

    1.40 0.60

    2000

    3000

    -2000

    -3000

    VI

    SP

    X

    VIII

    V

    NKP

    PK

    KaS

    VII

    KS

    IX

    . .:

    - i - i

    0

    1000

    Horizon KS

    Horizon V

    Horizon VI

    Horizon VII

    Horizon VIII

    Horizon IX

    Horizon X

    Horizon SP

    Horizon NKP

    Horizon PK

    Horizon KAS

    2,000 meters

    3,000 meters

    2,500 meters

    3,500 meters

    Established Field Pays

    Causeway and platforms at Gum Deniz Field.

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    Bahar Energy Ltd. (Bahar Energy) entered into an ERDPSA (the Bahar ERDPSA) withSOCAR in respect of the offshore block known as the Bahar Project.

    The Bahar ERDPSA is 80% owned by Bahar Energy (Greenfields subsidiary).

    The wholly-owned SOCAR Oil Affiliate (SOA) has a 20% participating interest in theremainder of the ERDPSA.

    The ERDPSA covers approximately 76,500 acres.

    Greenfields owns 33.33% of Bahar Energy and acts as technical advisor to Bahar Energy,which is the operator of the Bahar ERDPSA.

    Projected Greenfields Working Interest and effective net revenue interest.*

    * The above NRI (Net Revenue Interest) positions are not subject to any Azeri taxes.

    Greenfields receives a government-issued tax credit equal to approximately 22% of theannual field net profit.

    Azerbaijan Bahar ERDPSA

    Before Payout After Payout

    Effective Royalty

    NRI Average

    33.33% 26.67%WI

    5.00% 10.00-60.00%

    31.66% 13.00%

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    Use of Funds, Capitalization & Investment Opportunity

    Primary Focus of Creating Shareholder Value

    Onshore gas production facilities for Bahar and Gum Deniz fields.

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    Item $million

    Recompletions & Workovers $14.0

    Platforms & Facilities $18.4

    Project Equipment $4.6

    ERDPSA Signing & Production Payment $1.3Bahar Project Exploration Area Seismic $1.6

    Additional greenfields Opportunities $4.7

    General Corporate Purposes $2.8

    Total $47.4

    (1) Since October 2010

    35.6%

    11.8%

    27.1%

    Use of Funds (1)

    Greenfields Petroleum Corporation

    18

    11.5%

    3.3%

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    Capitalization

    Share Summary (million)

    Basic Shares Outstanding

    February 2010 Private Placement

    Shares Outstanding

    Share Purchase Warrants(1)

    6.93

    14.87

    1.06

    0.53

    (1) Warrants are exercisable at CDN $5.00/share until February 24, 2012.(2) Management, Employee and Director options (986K) are exercisable at a strike price

    of $6.50/share. Options vest as to 25% on August 31, 2010 and as to 25% on each ofMay 1, 2011, May 1, 2012 and May 1, 2013, except for stock options issued to MarkN. Witt, which vest as to 25% on August 31, 2010 and as to 25% on each of the first,second and third anniversaries of February 1, 2010. Additionally, 225K options areexercisable at a strike price of $8.50/share.

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    September 2010 Private Placement 1.98

    Options(2) 1.24

    IPO Nov 2010 (including 10% over-allotment) 4.90

    Current Greenfields Petroleum Corporation working capital USD$43 million

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    Industry Research*

    Raymond James initiated coverage on Greenfields on December 2010

    With an Outperform rating and a C$13.00 per share target price.

    With ~2.1 billion barrels of OOIP and ~7.7 Tcf of OGIP, current reserves (including legacy production)only reflect ~10% and ~56% of OOIP and OGIP respectively. We expect the percentage of OOIP bookedas reserves to increase materially over the next 36 months.

    On the back of the recent IPO, we calculate ~US$43 million in positive working capital at the end of4Q10, which we expect should be sufficient to cover the ~US$30 million in capital required until the freecash flow generation from the project.

    First Energy Capital initiated coverage on Greenfields on January 2011.

    With a Top Pick recommendation and a target price of C$15.00 per share.

    Greenfields offers a unique investment vehicle to play Azerbaijan, the most attractive address among theCaspian States. Azerbaijan holds numerous giant fields and provides the only gateway from the Caspianto the West, independent from Russia.

    Near term potential upside include 1) tripling booked reserves by increasing recovery factor and (2)farming down the Bahar 2 exploration block.

    The share currently trades well below NAV (C$11.38 per share on booked reserves) and our 12 monthunrisked NAV stands at C$19.70 per share, 119% above the current share price.

    * Refer to the full Raymond James Report (December 22, 2010) and First Energy Report (January 4, 2011) available on Greenfieldswebsite

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    Investment Opportunity

    Opportunity

    Greenfields is using proceeds from its IPO to fund its capital requirements in the Phase Idevelopment program in Azerbaijan.

    The Company intents to continue growing by;

    additional phased development for the Bahar ERDPSA

    capture of additional greenfield opportunities.

    Investment Merits

    Highly skilled team with proven track record of exploitation success of greenfields.

    Very minimal capital investments have been made to the oil and gas fields in Azerbaijansince the separation of the Former Soviet Union.

    Opportunities exist for companies (such as Greenfields) to exploit this and otherunderfunded / proven resource base.

    International greenfield opportunities provide significantly lower risk profiles than

    traditional exploration programs; greenfields can offer the upside of size and scale. Greenfields Petroleum - one of the few focused companies operating the Caspian area.

    Management team has proven track record of capturing international greenfields andcurrent business development effort is pursuing several similar opportunities to captureand build the corporate assets.

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    Appendix

    Primary Focus of Creating Shareholder Value

    Offshore Jack-up rigs in the South Caspian Sea.

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    Azerbaijan Bahar Gas Field

    History

    Initial production began in September 1969 and as of December 31, 2009 the Bahar Gas Field has

    produced approximately 4.3 TCF of gas and 84 MMBBL of condensate. Maximum daily gas production rate of 591 MMCFD achieved in1985.

    Production for December 2010 was 14.0 MMCFD and 197 BBLD of condensate (2,530 BOED).

    Technical Analysis

    North-south-trending anticline found along the Fatmai - Gum anticline trend with a field length of 9.5km and width of 3.5 km.

    Good quality reservoir rocks (sandstone and siltstones) with average porosity ranging from 14 to

    22%, average permeability from 12 to166 md and water saturation from 8 to 56%.

    Development Plan Phase I

    Programmed activity is expected to increase daily production to over 150 MMCFD and 2,000 BODcondensate (25% of former levels).

    Repair, recompletion and sidetrack of existing wells is expected to increase the production anddevelop additional reserves.

    Part I improve production rates through installation of compressors, de-bottlenecking activities,

    downhole optimization program, and upgrading of selected facilities and platforms. Part II recomplete approximately 53 wells in that have not been perforated and produced.

    Part III sidetrack approximately six wellbores to access deeper zones that have not beenperforated and produced.

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    Azerbaijan Gum Deniz Oil Field

    History

    The field started producing in 1955 and has produced approximately 207 MMBBL of oil and 581

    BCF of gas as of December 31, 2009; located in shallow water (less than 10 meters) approximately20 km southeast of Baku immediately off the coast of Azerbaijan.

    The maximum daily oil production of 46,400 BOD was achieved in 1964.

    Production for December 2010 was 1518 BOPD.

    Technical Analysis

    Located along the Fatmai - Gum anticline trend up dip from the Bahar Gas Field.

    12 separate, vertical pays zones are found across the field. In several blocks, all 12 zones havebeen found productive. On average, 8 pay zones are found trapped in each of the productive faultblocks.

    Good quality reservoir rocks (sandstone and siltstones) with average porosity ranging from 10 to22% and most zones showing permeability from 100 to 230 md. Overall crude oil gravity is ~360API.

    Development Plan Phase I

    The main objective is to increase daily production to approximately 12,500 BOD by installing three

    new platforms and drilling 36 new development wells. Part I 24 well optimization upgrades on active producing wells.

    Part II 25 recompletions in zones of wells that have not previously been perforated and produced.

    Part III sidetrack ~4 existing wellbores to access zones that have yet to be perforated andproduced.

    Part IV drill up to 36 new development wells in the field.

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    Greenfields Petroleum Corporation Corporate Structure

    100%

    GFPI - USA, LLC(TX)

    Greenfields PetroleumInternational Company Ltd.

    (BVI)

    Greenfields Petroleum(Indonesia) Company Ltd.

    (BVI)

    Greenfields Petroleum Corporation(DE)

    95%

    85%

    RCH Energy OpportunityFund II, L.P. (47.5%)

    RCH Energy OpportunityFund III, LP (47.5%)

    RCH Energy OpportunityFund II, L.P. (7.5%)

    RCH Energy OpportunityFund III, L.P. (7.5%)

    Gabon Kiarsseny Marin Ltd.(BVI)

    100%

    5%

    Greenfields PetroleumUSA, LLC

    (TX)

    Bahar Energy Limited

    (Jebel Ali Free Zone)

    33.33%

    Greenfields Petroleum Holdings Ltd.(BVI)

    100%

    15%

    100%

    Bahar Energy OperatingCompany Limited

    (UAE - Jebel Ali Free Zone)

    80%

    InactiveThird partyownership

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    Greenfields Professional Support

    Auditors

    Deloitte & Touche LLP

    Corporate Banking

    J.P. Morgan Chase & Co.

    Morgan Stanley Smith Barney LLC

    Legal

    Andrews Kurth LLP

    Burstall Winger LLP

    Troutman Sanders LLP

    Reserve Engineers

    Miller & Lents Ltd.

    Tax Advisors

    Ernst & Young LLP

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    Greenfields Petroleum Corporation211 Highland Cross Drive, Suite 227

    Houston, Texas77073-1733

    Phone: (832) 234-0810Fax: (832) 234-0823

    [email protected]

    Official website is located at:www.greenfields-petroleum.com

    Contact Information

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