Empire Energy Investment Opportunity slide image

Empire Energy Investment Opportunity

Prospective Resource Overview The below overlay illustrates the size of Empire's acreage in the McArthur Basin US Prospective Resource Estimates Prospective Area km² (million acres) 246,000 (61 mm) 36,894 (9.1 mm) 12,950 (3.2 mm) 23,309 (6 mm) Basin Marcellus Eagle Ford Barnett Fayetteville Un-risked Prospective/ Technically Recoverable Resource (TCF) Basin Overlay Comparison Empire's acreage in the ■ McArthur Basin is I approximately 1.5x the size of the entire Eagle Ford Shale 300 262 250 200 150 134 100 50 44 42 250 0 Marcellus Eagle Ford Barnett Fayetteville McArthur Basin "Prospective Resource" is the estimated quantities of petroleum that may potentially be recovered by the application of a future development project(s) relate to undiscovered accumulations. These estimates have both an associated risk of discovery and a risk of development. Further exploration appraisal and evaluation is required to determine the existence of a significant quantity of potentially moveable hydrocarbons Basin scale comparison for illustrative purposes only. Not geographic overlap. Fayetteville Basin - USA Carboniferous 6 million acres (gross thickness up to 550 ft) Marcellus Basin - USA Devonian 61 million acres (gross thickness up to 890 ft) Eagle Ford - USA Late Cretaceous 9.1 million acres (gross thickness up to 950 ft) EMPIRE energy 18
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