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NICARAGUA EXPLORATION PROJECT Blocks Perlas and Tyra Infinity Energy Resources, Inc.

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Presentation on theme: "NICARAGUA EXPLORATION PROJECT Blocks Perlas and Tyra Infinity Energy Resources, Inc."— Presentation transcript:

1 NICARAGUA EXPLORATION PROJECT Blocks Perlas and Tyra Infinity Energy Resources, Inc.

2 Forward-Looking Statement This Presentation of Infinity Energy Resources, Inc. (the "Company") contains forward- looking statements that may include the words "believes," "expects," "anticipates," "intends," "estimates," "plans," "projections" or other expressions that are predictions of or indicate future events. These forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from such statements. A wide variety of factors that may cause the actual results to differ from these statements include, but are not limited to, the following: the Company's ability to raise sufficient capital and/or obtain a partner on acceptable terms, or at all, to pursue exploration and development activities regarding its Nicaraguan Concessions; the success of its efforts to acquire and process seismic data relating to such Concessions; the quantity of hydrocarbons beneath the Concession blocks; the costs of drilling and completion of any wells; risks that drilling wells will not result in commercially viable oil and national gas production; operating risks, delays and problems; the availability of services on acceptable terms; changes in the prices of oil and gas; unexpected negative geological variances; governmental uncertainties in Nicaragua; actions by creditors with respect to debt obligations, liquidity and capital requirements; competition from larger, more established companies with far greater economic and human resources; the effect of changing economic conditions; changes in U.S. government regulations, tax rates and similar matters; and other risks described in its Annual Report on Form 10-K and periodic reports filed with the Securities and Exchange Commission. The Company does not undertake to publicly update or revise forward-looking statements, whether as a result of new information, future events or otherwise. This Presentation is neither an offer to sell or a solicitation of an offer to buy any securities of the Company.

3 NICARAGUA EXPLORATION PROJECT Blocks Perlas and Tyra Multi-Billion Barrel Prospect Infinity Energy Resources, Inc.

4 Company Overview Infinity Energy Resources, Inc. (IFNY: OTCQB) is a natural resources exploration and development company with oil and gas concessions covering 1.4 million acres offshore Nicaragua in the Caribbean Sea. Initial studies have estimated reserves in multi-billion barrel range. 25,559,678 Common Shares Outstanding. Fully diluted 32.0 million shares Approx. $20 million Market Cap Completed environmental assessments, completed additional 2-D seismic program, signed LOI with Granada Exploration, LLC and currently talking to potential financial and industry partners. Estimate 1 st Company well could be drilled Q2 of 2015.

5 Nicaraguan Concession Highlights Completed environmental studies, reprocessed 2-D seismic data and developed geological mapping. Total expenditure to date $12 mil. A new 2D seismic program identified a 5 th structure. 5 large seismically defined closures on 120 mile long structure covering 547 square miles Estimated Resource potential from Eocene formation only: P bn barrels Potential cretaceous not quantified yet but could be larger than Eocene. Great fiscal terms from Nicaraguan government. Easily managed work commitment. Shallow water.

6 Renato T. Bertani holds a PH. D. in Sedimentary Geology and Geochemistry from the University of Illinois, USA. Over 33 years of international experience in exploration and production projects, particularly in South America, West Africa, UK, and the USA Gulf of Mexico. Served for 31 years in various technical and high level managerial positions with Petrobras, the Brazilian state oil company, including: President of Petrobras America, Inc. Vice President of the World Petroleum Council Responsible for the technical program for the 2011 World Petroleum Congress in Doha, Qatar. Renato T Bertani - Geologist Over 35 years of experience in the exploration of sedimentary basins around the world. Served with Petrobras for over 30 years in several technical and managerial positions. Considered an expert in sedimentary, stratigraphic and structural characteristics and petroleum systems. Luciano Seixas Chagas - Geologist

7 TYRA PERLAS NOBLE Energy Geographic Location

8 Work Program Summary Work Commitment for each block broken into 4 Sub-Periods. Tyra: –Sub-Periods 1, 2, & 3 (4 years) Acquire, process and interpret seismic data. –Sub-Period 4 (2 years) Drill 1 well to 10,000’ or to test the Cretaceous. Perlas: –Sub-Periods 1 & 2 (3 Years) Acquire, process and interpret seismic data. –Sub-Periods 3 & 4 (3 Years) Drill 2 wells to 10,000’ or to test the Cretaceous.

9 Contract and Fiscal Terms

10 Evidence for Positive Petroleum System 27 wells drilled, 11 have oil or gas shows, at least two have tested measurable hydrocarbons. Shell Perlas#1 well tested 350 bo/day Shell Perlas#1 confirmed Eocene source rock Wells Drilled

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12 Geologic and Geophysical Interpretation Geologic and Geophysical interpretation and mapping was based on the following data: Geophysical Data 9,731km of. various seismic surveys acquired during the 70’s and reprocessed by Fugro in ,096 km of new seismic acquired and processed by Fugro in ,096 km of magnetic and gravimetric profiles acquired and processed by Fugro in 1999 Well Data Limited information on previous wells obtained through an interpretation report prepared by Fugro-Geoteam AS in 2001

13 1999 Vintage Data: N72-2CS99-111

14 Approximate Top of Cretaceous

15 Depth Seismic Map Lower Eocene Depth Seismic Map Lower Eocene Seismic interpretation and structural map indicate Intense thrusting and strike slip faulting The Nica-Tinkham ridge is the result of transpressional deformation along a major strike slip fault Tectonic blocks controlled the sedimentation, particularly the development of reef system along the elevated parts of fault blocks The most prominet tectonic high of the area, the Nica- Tinkham ridge, traverses both Tyra and Perlas blocks

16 Eocene Time Structure Top Cretaceous Time Structure 5 th structure Nicaragua Seismic Highlights

17 Line 1024 Line NCS NWSESN Early Miocene Eocene Early Eocene Cretaceous 5 th structure Nicaragua Seismic Highlights

18 Line NCS SWNE S N Early Miocene Eocene Early Eocene Cretaceous Nicaragua Seismic Highlights

19 Reserve Potential Identified 5 large structural closures along the Nica-Tinkham Ridge at the top of the Eocene. Shell #1 Perlas tested 350 BOPD from the Eocene. Potential Eocene reserves assuming: 30 meters of pay, porosity of 20%, oil saturation of 65%, recovery factor of 35%. Based on variations in size of closure: –P50: 4.6 Billion Barrels Potential Cretaceous reserves are not quantified but could be even larger.

20 Early Cretaceous Tectonic Reconstruction Nicaraguan Caribbean Shelf Lake Maracaibo Area Reforma/Cantar ell Rubelsanto Cretaceous Carbonate Outcrops

21 Mexico Reforma/Cantarell Area: Over 15 Billion Barrels of Oil Recoverable Venezuela Maracaibo Basin: Over 1 Billion Barrels of Oil Recoverable Regional Cretaceous Carbonate Fields Infinity Concessions

22 Size of Nica-Tinkham Ridge Captured by Infinity Lake Maracaibo Area Production

23 La Paz Field X-Section

24 La Paz Field - Venezuela Production from dense Cretaceous carbonates with low matrix permeability and fractured basement. Structure related to complex wrench fault tectonics. Initial Cretaceous discovery well drilled in 1944 to 1,800’ produced at a rate of 1000 BOPD. Development well P-84 produced at a rate of 30,000 BOPD.

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26 IFNY Signs Letter of Intent with Granada Exploration Granada Exploration would earn a 30% WI on an 80% NRI Granada Exploration would have an option to increase to a 50% WI if Parties go it alone Granada Exploration will contribute services & financial resources –Jeff Roberts, a petroleum geologist with over 30 years of domestic and international oil and gas experience in exploration, technology, planning and analysis with Amoco, Sun and Oryx Energy. He served as Gulf of Mexico Exploration Manager and Manager of E&P Technology for Oryx Energy and has been involved in the exploration and exploitation of various shale plays in the U.S., including the Barnett, Woodford, Fayetteville and Marcellus. –Fred Byther is a petroleum geologist with over 35 years of domestic U.S. exploration and production experience at Oryx Energy and Kerr-McGee, where he focused on Gulf Coast and Mid-Continent projects.

27 Granada Exploration –Robert Fleming is a petroleum geophysicist with over 35 years of experience in exploration and technology. He has generated prospects in Brazil and in several U.S. basins, including the Mid-Continent, Anadarko, Gulf Coast and Permian basins. He has specific expertise in gravity and magnetics, seismic processing, depth imaging and AVO (Amplitude vs. Offset) technology. –Mike Kerr has over 28 years of experience in financing and managing oil and gas exploration and production assets, both domestically and internationally. –Richard Leach is a petroleum geologist with over 30 years of experience in U.S. exploration and production. He has specific expertise in horizontal drilling and geo-navigation. –Tim Schildt is a petroleum geologist with over 30 years of experience. He has experience in the Mid-Continent, Permian Basin, the Gulf Coast and the Gulf of Mexico. –George Schnerk is a petroleum engineer with over 33 years of experience in reservoir and petroleum engineering. He has a strong background in unconventional reservoirs, horizontal drilling and hydraulic fracturing. Mr. Schnerk has worked on projects both domestically and internationally, including the Austin Chalk horizontal play and project in the Gulf of Mexico, offshore Australia and the North Sea.

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29 4.6 Billion Barrels of Recoverable Resources

30 1 Billion Barrels of Recoverable Resources

31 4.6 Billion Barrels of Recoverable Resources 1 Billion Barrels of Recoverable Resources 80% Given to Partner 200 Million Barrels of Recoverable Resources

32 4.6 Billion Barrels of Recoverable Resources 1 Billion Barrels of Recoverable Resources 80% Given to Partner = 200 Million Barrels of Recoverable Resources Using Only $6.00/Barrel of In-The-Ground Value $6 x 200mm = $1,200,000,000

33 4.6 Billion Barrels of Recoverable Resources 1 Billion Barrels of Recoverable Resources 80% Given to Partner = 200 Million Barrels of Recoverable Resources Using Only $6/Barrel of In-The-Ground Value: $6 x 200mm = $1,200,000,000 If INFINITY has 35mm Shares Outstanding $1,200,000,000 ÷ 35mm Shares = $34.29 Per Share Valuation

34 NICARAGUA EXPLORATION PROJECT Blocks Perlas and Tyra Infinity Energy Resources, Inc.


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