INFINITY ENERGY RESOURCES, INC.

Transcription

1 Infinity Energy Resources, Inc. 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 forwardlooking 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 Company Overview Infinity Energy Resources, Inc. (IFNY: OTCQB) 20,668,575 Common Shares, 4,303,500 Options (WA $4.50) and 2,657,249 $6.25 (exp 2-21) Outstanding. Approx. $45 million Market Cap The Company has divested itself from virtually all its domestic leases to concentrate on the exploration and development of its 1,400,000 acre oil and gas concessions in offshore Nicaragua. Estimated reserves could exceed 10BBOE. Complete environmental assessments, initiate 3-D seismic mapping of the concessions and attract Industry Partner

4 Infinity Energy Resources, Inc. NICARAGUA EXPLORATION PROJECT Blocks Perlas and Tyra 10 Billion Barrel Prospect

5 Nicaraguan Concession Highlights We have conducted environmental studies, reprocessed 2-D seismic data and developed geological mapping. Total expenditure to date $3.0 mil. Awaiting government approval of our Environmental Impact Assessment. 4 large seismically defined closures on 120 mile long structure covering 547 square miles Estimated Resource potential from Eocene only: P bn barrels P bn barrels 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. Independent geologists who analyzed the data and mapped the concession are Renato Bertani, Luciano Chas and Jeff Roberts.

6 Renato T Bertani - Geologist 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. ( ) Managing Director of Petrobras UK ( ) Director of International E&P activities for the Petrobras Group ( ) Involved in several major oil and gas discoveries, including: San Alberto and San Antonio gas fields of Bolivia Akpo and Agbami oil fields offshore Nigeria Cascade, Chinook and Saint Malo in the Gulf of Mexico s Lower Tertiary play. Vice President of the World Petroleum Council Responsible for the technical program for the 2011 World Petroleum Congress in Doha, Qatar.

7 Luciano Seixas Chagas - Geologist Mr. Chagas holds a Ms. Sci. Degree in Sedimentary Geology and Stratigraphy from the Federal University of Rio Grande do Sul, Brazil Over 35 years of experience in the exploration of sedimentary basins around the world. Considered an expert in sedimentary, stratigraphic and structural characteristics and petroleum systems. Served with Petrobras for over 30 years in several technical and managerial positions. In 2004, formed Brazilian-based Consultoria em Geologia Geofísica e Informática do Petróleo LTDA ( CGGIP ) consulting various oil companies operating in Brazil. Published more than 50 papers and articles on the Petroleum Geology of several Brazilian sedimentary basins, particularly the Recôncavo, Sergipe- Alagoas and Potiguar basins. Lectures regularly on subjects such as Stratigraphy, Structural Geology, Petroleum Geology, and Well Log Analysis at various Brazilian universities.

8 Jeff Roberts - Geologist B.A. Degree in Geology from the University of Tennessee at Chattanooga and Ms. Sci. Degree in Geology from Memphis State University. 31 years of petroleum exploration experience with Amoco, Sun and Oryx. Founding member of The Unconventionals, who build exploration projects in U.S. Shale Gas plays. Developed over 1.5 million acres of shale gas projects from 1999 to present. Interests in over 400 shale gas wells. Exploration geologist (Amoco, Sun, Oryx) Manager Operational Planning and Analysis (Oryx) Corporate planning and budget functions for $400 million in worldwide exploration and production, global portfolio economic analysis, benchmarking and competitor analysis. Exploration Manager Gulf of Mexico (Oryx) Manager Special Exploration Projects (Oryx) Manager of E&P Technology (Oryx) Exploration experience in numerous U.S. and Canadian Basins. Exploration geologist and manager in numerous basins including Offshore Nicaragua, eastern Algeria, the Northwest Shelf of Australia, the Pre-Caspian Basin Kazakhstan, the Oriente Basin Ecuador and the U.K. North Sea. Founding member of Eldorado Resources, LLC focused on Unconventional Oil opportunities.

9 Geographic Location TYRA PERLAS NOBLE Energy IFNY IFNY NBL Concessions

10 Executive Summary Infinity blocks cover huge geological structure (120 miles long). The region's best reservoirs have never been tested on the structure. Regional analogs have produced billions of barrels of oil. Only 26 wells have been drilled in the entire offshore basin. 38% of the wells had shows of oil and/or gas in the shallow section. Infinity s concession terms are among the best in the world.

11 Infinity Concessions Infinity holds 100% interest in Blocks Perlas and Tyra, located in shallow waters offshore Nicaragua

12 Fiscal 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.

13 Minimum Work Program - Tyra

14 Minimum Work Program - Perlas

15 Contract and Fiscal Terms

16 Wells Drilled Evidence for Positive Petroleum System 26 wells drilled, 10 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

17 Geologic and Geophysical Interpretation Seismic Mapping Due to the unavailability of the well data (logs, litho and bio stratigraphy) the stratigraphy was based on the horizons mapped by Fugro-Geoteam AS The main horizons mapped were Lower Eocene (approximate equivalent to limestone reservoir that tested oil in Perlas-1 Middle Eocene (top of Punta Gorda Formation) Middle Miocene (top of Mosquitia Formation) Unable to map top of Cretaceous with this data. A special algorithm was applied to the seismic data in order to enhance seismic-stratigraphic features

18 Geologic and Geophysical Interpretation Geologic and Geophysical interpretation and mapping was based on the following data: Geophysical Data Well 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 Limited information on previous wells obtained through an interpretation report prepared by Fugro-Geoteam AS in 2001

19 Seismic interpretation and structural map indicate Depth Seismic Map Lower Eocene 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

20 Reserve Potential Identified 4 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: P10: 10 Billion Barrels P50: 4 Billion Barrels P90: 1.5 Billion Barrels Potential Cretaceous reserves are not quantified but could be even larger.

21 Potential Resources

22 Regional Cretaceous Carbonate Fields Mexico Reforma/Cantarell Area: Over 15 Billion Barrels of Oil Recoverable Guatemala Rubelsanto Field: 50 Million Barrels of Oil Recoverable Infinity Concessions Venezuela Maracaibo Basin: Over 1 Billion Barrels of Oil Recoverable

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

24 La Paz Field Venezuela Lama Field Venezuela La Reforma Area Mexico Cantarell Complex - Mexico Rubelsanto Field - Guatemala Nicaraguan Cretaceous Analogs

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

26 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. Field production peaked at 160,000 BOPD in By 1992 field had produced 867 million barrels of oil with 572 million from the Cretaceous carbonates. Ultimate recovery is expected to be 1,041 million barrels of oil with 63% from the Cretaceous carbonates.

27 La Paz Field X-Section

28 Onshore Nicaragua/Honduras Cretaceous Outcrops

29 Onshore Nicaragua Cretaceous Outcrops Cretaceous Carbonate outcrops

30 Conclusions Infinity s Nicaragua concessions have the potential for billions of barrels of oil reserves. Infinity s Nicaragua concessions cover 1.4 million acres. The concessions capture an untested geological structure over 120 miles long. Work commitments and fiscal terms are very favorable and manageable.

31 3 Year Plan Timing 1st quarter 2013 Complete Environmental Impact Study in order to shoot 3D seismic. Finalize partnership with industry partner that includes a drilling, work program, carried interest and up front cash contribution. 3rd 4th quarter 2013 Shoot 3D seismic and evaluate data. 1st quarter 2014 Begin Environmental Impact Study for drilling sites identified by 3D seismic Begin drilling of a minimum of 3 wells.

32 Infinity Energy Resources, Inc. NICARAGUA EXPLORATION PROJECT Blocks Perlas and Tyra INFINITY ENERGY RESOURCES, INC.

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35 10 Billion Barrels of Recoverable Resources

36 10 Billion Barrels of Recoverable Resources 1 Billion Barrels of Recoverable Resources

37 10 Billion Barrels of Recoverable Resources 1 Billion Barrels of Recoverable Resources 90% Given to Partner 100 Million Barrels of Recoverable Resources

38 10 Billion Barrels of Recoverable Resources 1 Billion Barrels of Recoverable Resources 90% Given to Partner = 100 Million Barrels of Recoverable Resources Using Only $12.00/Barrel of In-The-Ground Value $12 x 100mm = $1,200,000,000

39 10 Billion Barrels of Recoverable Resources 1 Billion Barrels of Recoverable Resources 90% Given to Partner = 100 Million Barrels of Recoverable Resources Using Only $12/Barrel of In-The-Ground Value: $12 x 100mm = $1,200,000,000 If INFINITY has 25mm Shares Outstanding $1,200,000,000 25mm Shares = $48 Per Share Valuation

40 10 Billion Barrels of Recoverable Resources 1 Billion Barrels of Recoverable Resources 90% Given to Partner = 100 Million Barrels of Recoverable Resources Using Only $12/Barrel of In-The-Ground Value: $12 x 100mm = $1,200,000,000 $1,200,000,000 20mm Shares Outstanding = $48 Per Share Valuation So with only a 1% probability, using $12.00 per barrel, should give us a $48 per share price value upon securing the financial means to develop the concession.

41 Infinity Energy Resources, Inc. NICARAGUA EXPLORATION PROJECT Blocks Perlas and Tyra INFINITY ENERGY RESOURCES, INC. IFNY