Investor Overview | Antares Energy

Investor Highlights

260 million ordinary shares (AZZ)
7.5 million convertible notes @ $A2.00/note (AZZG)
Directors hold 15.8 million shares
No Director has sold a share in Antares Energy (est. 23 November 2004)
2010 Sale of Yellow Rose and Bluebonnet for $200,000,000 USD (Antares Net $156,200,000 USD)
2010 Net Profit After Income Tax of $75,379,000 AUD
$11,671,000 USD – Cash at End of Quarter (30 September 2011)
$200,000,000 USD term debt facility (LIBOR + 4% = 4.25%, 3 year term)
Operational focus on the Permian Basin, West Texas, USA
Attractive position in the Permian Basin of approximately 35,500 gross (30,000 net) acres
2012, 30+ well drilling program – fully funded
1P Net Permian Reserves of 12.6 MMBOE
2P Net Permian Reserves of 27.0 MMBOE
3P Net Permian Reserve Potential of 90 – 115 MMBOE
Proven, 75 well drilling inventory on 40 acre spacing
Over 800 net drilling locations in the success case
High growth profile through quickly derisking large Permian acreage position
Chairman and CEO based in Dallas, Texas, USA
Chief Operating Officer & Chief Scientist based in Houston, Texas, USA
Corporate office in Perth, Western Australia

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