New World Oil & Gas Investor Presentation - Proactive Investors

Proactive Investors Conference 

Manchester, 13 October 2011

Disclaimer 

This presentation has not been approved by an authorized person within the meaning of the Financial Services and Markets Act 2000. The securities mentioned herein have 

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requirements of the Securities Act. Reliance on this promotion for the purpose of engaging in any investment activity may expose an individual to a significant risk of losing 

all of the property or other assets invested. 

The information in the presentation and these presentation materials (together, the “Presentation Materials”) are being supplied to you for information purposes only in 

connection with a proposed placing of ordinary shares (the “Placing”) by New World Oil and Gas Plc (the “Company” or “New World Oil and Gas”). These Presentation 

Materials have been prepared by and are the sole responsibility of the Company. The Directors of the Company have taken all reasonable care to ensure that the facts 

stated herein are true to the best of their knowledge, information and belief. 

These Presentation Materials, being this presentation and any additional documents handed out in the meeting, are being issued on a strictly private and confidential basis 

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the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “FPO”), (b) high net worth companies as defined in Article 49(2) of the FPO, (c) certified 

sophisticated investors as defined in Article 50(1) of the FPO or (d) persons to whom it may otherwise lawfully be communicated (together “Relevant Persons”). In order to 

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your possible interest in acquiring securities of the Company. 

2 

| NEW WORLD OIL AND GAS PLC | OCTOBER 2011

Overview 

• Incorporated April 2010 1 year sourcing projects Listed on AIM May 2011 

• Targeted oil and gas projects through acquisition or Farm-Out 

• Farm-Out Agreement to acquire up to a 100% participating interest in the 

Production Sharing Agreement for the Blue Creek Project in Petén Basin in Belize 

• Farm-Out Agreements completed October 2011 for Danica Jutland Project in 

North Permian Basin, Denmark 

• Well funded having raised £3.0 million at 5p per share at IPO plus £3.0 million at 

6p per share in June 2011 

• Very experienced management team – discovered oil worldwide – created 

shareholder value on AIM 

• Highly active and positive news flow 

• Primary focus to discover and produce oil and gas 

3 


Investment Strategy 

• Identify assets which are undervalued, underdeveloped or underperforming 

• Initial focus on Central America and Denmark 

• Target assets centered on late stage exploration, early production, exploitation in 

basins with large proven reserves: 

• Petén Basin, Northwest Belize 

• North Permian Basin, Denmark 

• Utilise management team’s extensive contacts to build a “Pipeline of Projects” 

• Actively evaluating in areas including Africa, South America and South East Asia 

4 


Investment Criteria 

Exploration/Development 

plays 

Early cash flow 

opportunities 

Close to world oil price 

Strong regional analogues 

in adjacent blocks 

FOCUS ON OIL PROJECTS 

New World named as 

Operator 

Farm-out opportunities 

with controlling interest 

5 


Blue Creek Project – Petén Basin, Belize 

• Located in Northwest Belize in the 

productive North Petén Basin 

• Prolific oil and gas basin with massive 

volumes of proven oil and gas reserves – 

Spanish Lookout and Never Delay Fields 

• High potential and low geologic 

relative risk 

• Stable political environment 

• World prices market a 2 ½ day 

steam away by tanker (Gulf Coast of US) 

• Deal to acquire Blue Creek signed in June 2011 – 34 days after listing 

• Two on-shore concessions - Blue Creek and Blue Creek South, both named under 

one 420 sq km Production Sharing Agreement 

• Agreement to acquire up to a 100% interest from Blue Creek Exploration Ltd – 

New World appointed Operator 

6 


Blue Creek Project Status 

Phase 1 Seismic 

complete (68.2km); 

Phase 2 underway 

targeting total 170km 

Phase 1 seismic data 

superior to previous 

data on licence 

FOUR STRUCTURES 

IDENTIFIED – 

volumetrics to be 

determined after 

Phase 2 

Close proximity to 

recently discovered & 

producing Spanish 

Lookout & Never Delays 

oil fields 

Geological risk reduced 

from 1 in 12 to 1 in 8 

from Phase 1 to Phase 2 

Geologic & 

geophysical advisors 

taking partial payment 

in NEW shares – vote 

of confidence 

Licences considered 

highly prospective 

Seismic interpretation 

very similar to Spanish 

Lookout 

Two highly positive Competent Person’s 

Reports carried out by RPS Energy: 

• 9 June 2011 

• 20 September 2011 

7 


Blue Creek Results to Date 

• Two additional phases of seismic acquisition planned to further high grade existing 

prospects, reduce risk and improve probability of discovery 

• Phase 2 seismic designed to 

mature prospects 

• P10, P50, P90 

volumetrics 

• Scoping economics 

• Estimated market value 

• Phase 3 Seismic on Project 

for Belize Lands – end of Q1 

2012 

Results of Phase 1 Seismic Interpretation: 4 Seismic based leads/prospects 

8 


Danica Jutland Project - Denmark 

•Located in productive Jutland onshore 

area, South Western Denmark 

• Southern flank of Northern Permian 

Basin (‘NPB’) 

• RPS: “Mirror image of northern flank 

of Southern Permian Basin with proven 

productive reservoirs” 

• Stable political environment 

• Consists of Licences 1/09 and 2/09 totalling 4,107 sq km 

• Farm-out Agreements signed October 2011 - New World to acquire 80% of the working 

Interest - Farmor to retain 5% Overriding Royalty 

• New World to be named Operator 

9 


The North Permian Basin 

10 


Danica Jutland Project Status 

Seismic data nearby – 

AVO anomalies in 

Triassic Bunter & 

Tonder Sandstone gas 

fields in SPB 

Significant size licence 

areas offer significant 

potential 

Acquiring more 2D 

Seismic in multiphased 

approach to 

reduce risk & further 

increase probability of 

success 

RPS: “Reef and/or shoal 

facies likely to make 

excellent reservoirs” 

Positive geochemical 

results show striking 

clusters 

2 Triassic & 8 

Zechstein leads 

identified by RPS 

RPS: “Potential to 

contain multiple 

productive horizons” 

Interesting opportunity 

to assess late stage 

exploration 

Highly positive Competent Person’s Report 

by RPS Energy – 16 August 2011 

11 


Danica Jutland Project – Licence 1/09 and 2/09 

Licence 1/09 Licence 2/09 

12 


Danica Jutland – Existing Seismic Data 

Regional seismic line showing basin-ward 

thickening of the Zechstein and tilted fault 

blocks in the Triassic 

• AVO bright spots 

• Direct hydrocarbon 

indicators 

• In the Triassic Tonder an 

Bunter intervals 

13 


Danica Jutland prospects & oil seeps 

Known oil seeps on both license blocks 

Locations of prospects on both blocks 

14 


Investment Case 

• Exciting opportunity to participate in a highly undervalued company with well thought out, 

late stage exploration and development projects at an extremely reasonable price 

• Successful Phase 1 seismic at Blue Creek 

• Reduction in geologic risk – 1 in 8 from 1 in 12 

• Four prospects identified in a working hydrocarbon system 

• Next step - estimate recoverable volumes following Phase 2 seismic 

• On track to commence drilling H2 2012 

• Danica Jutland Farm-Out completed October 2011 

• Working hydrocarbon system 

• Multi-phased 2-D seismic acquisition October 2011 

• Data acquisition for the Phase 1 seismic by May 2012 

• Rapid progress made since listing illustrates technical expertise and wide network of contacts 

of management team 

• Identifying/adding exploitation opportunities to asset base - enter into production as soon as 

possible 

• Fully funded to drilling stage 

15 


Forecast of News-flow 

Blue Creek Project, Belize 

• Naming of New World on PSA 

• Completion of Phase 2 seismic 

• Updated CPR 

• Volumetrics and Market Value Estimate 

• Commencing of Phase 3 seismic on Project of Belize Lands 

• Completion of Phase 3 seismic 

• Commence Drilling Operations 

Danica Jutland Project, Denmark 

• Start of Phase 1 seismic 

• Update of CPR 

Potential additional acquisitions 

16 


Undervalued? 

9 June – CPR 

published on Blue 

Creek Project 

23 May - Letter of 

Intent signed on Blue 

Creek Project 

16 June – Farm-out 

completed on Blue 

Creek Project 

29 June - Placing to 

raise £3 million 

04.07.11 - Letter of 

Intent Signed Danica 

Jutland 

04.08.11 - Operations 

Update – Blue Creek 

Project, Belize 

16.08.11 – Danica 

Jutland CPR 

09.09.11 – 

Appointment of Fred 

Hodder 

08.09.11 – Interims 

21.09.11 – Updated 

Blue Creek CPR 

17 


Wrap-up 

• Highly undervalued in the current economic climate - trading just above cash in 

bank 

• Reducing risk in multi-phase approach working with our CP until next logical step 

is drilling 

• Focused on making discoveries for each project upon which investors will make 

high return 

• Low entrance cost and exposure to large multiple return on investment 

• Fully funded to drilling stage 

• Focused on minimising dilution 

• Presently speaking with interested companies to jointly participate in projects 

which will assist in funding 

18 


Key Data 

Share Price 

4p 

Market 

AIM 

Ticker 

NEW 

Market Capitalisation 

4.83 million 

Ordinary Shares in Issue 

127.5 million 

Directors Shareholding 14.4 million (11.3%) 

Listing price 

5p 

Average vol. traded daily 

1.3 million 

19 


Board of Directors and Management 

William Kelleher 

CEO 

William Kelleher has over 31 years experience in the oil and gas industry, most recently as a Non Executive Director of Bramlin Limited 

and previously as a co-founder and Managing Director of AIM listed Victoria Oil and Gas Plc. Prior to these roles, he worked for Yukos 

Oil Corporation as its Executive Vice President for Central Asia, where he was responsible for managing and developing its exploration 

and production companies in Kazakhstan and Central Asia. He has also worked for a number of Exploration and Production companies 

including Celtic Resources Holdings Plc, Partex Oil and Gas, First International Oil Corporation, Chevron, and Occidental International 

Oil & Gas and has been a member of the Society of Petroleum Engineers for 27 years. 

Georges Sztyk 

Executive Director 

Georges Sztyk has over 35 years experience in the industry. After a 23-year career with Shell Canada, Georges embarked on an 

international Exploration & Production career. Beginning with Kyrgyzstan in 1997, Georges was instrumental in the establishment of 

an operating company, Kyrgyz. Petroleum Co. From 2003 to 2005, Georges was involved in the creation of Victoria Oil & Gas Plc, which 

was involved in Exploration & Production in both Kazakhstan and Russia. 

Peter Sztyk 

Executive Director 

Stephen Polakoff 

Non-Executive Director 

Roland Frederick Hodder 

Non-Executive Director 

Peter Sztyk began his career in law at LeBoeuf, Lamb, Greene & MacRae LLP and then White & Case LLP, where he worked on 

significant emerging capital markets and acquisition finance transactions, especially in the energy sector. Peter set up Golden Temple 

Capital Management LLP (Golden Temple) in 2007, an investment management company focusing on international investors and Asian 

project. 

Stephen Polakoff is general counsel and member of the Russian executive board of Integra Group, a London Stock Exchange listed oil 

field services company, focussing on the former Soviet Union. Previously, Stephen was the head of the Moscow legal department at 

Deutsche Bank responsible for activities in Russia, Kazakhstan and Ukraine. He was formerly a senior associate with the law firm 

Clifford Chance in its New York and Moscow offices where he specialised in project finance (oil, gas and electricity), capital markets 

and debt financing. Stephen is currently an independent director of private equity and hedge funds as well as a small cap oil company 

listed in Canada. 

Fred Hodder has 30 years’ international financial and management experience together with extensive experience in the oil and gas 

sector. Mr. Hodder has most recently held a number of non-executive directorships of AIM traded companies, including Timan Oil & 

Gas plc and Baltic Oil Terminals plc and was Chairman of TSX listed Manor Global Inc.. From 2002-2005, he was Senior Vice President 

and Chief Financial Officer of TSX listed Nelson Resources Limited. At the same time, he was Chairman of Chaparral Resources Inc.. He 

was also President and CEO of Kazakhstan International Management, an investment management company seeking opportunities in 

the CIS, and Managing Director of the Central Asian-American Enterprise Fund. Mr. Hodder chairs both the audit committee and 

remuneration committee. 

Robert Hull 

General Manager – NW Belize 

Robert (Bobby) Hull has 35 years experience in the oil and gas industry. Robert started his career in the Gulf of Mexico supervising 

production and construction for Kerr McGee, Diamond Shamrock and Maxus Energy. Robert then began his international career 

managing field operations in Ecuador, Equatorial Guinea, Tunisia and Cameroon. This included the installation of a LPG plant, 

refrigerated storage, pipelines, condensate tanks and living facilities. 

20 


Contacts 

William Kelleher 

New World Oil and Gas Plc 

+1 713 447 2171 

william.kelleher@nwoilgas.com 

Peter Sztyk 


+1 917 215 7122 

peter.sztyk@nwoilgas.com 

Georges Sztyk 


+1 514 961 2247 

georges.sztyk@nwoilgas.com 

Hugo de Salis 

Lottie Brocklehurst 

Frank Buhagiar 

St Brides Media & Finance Ltd 

+44 (0) 20 7236 1177 

lottie@sbmf.co.uk 

21

New World Oil & Gas Investor Presentation - Proactive Investors

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