Bakken Asset

TriAxon’s Position:

• 3 Core Areas, majority operated at average WI of 35%
• 30 sections (net) of 94 gross earned and accessible land available
• 22 Bakken horizontal wells drilled to date (8 net) 
• Net Production > 400 bbl/d
• Light Oil  ( 40 - 44 API)

Upside:

• Over 100 net company identified Bakken wells in inventory
• Production growth potential > 4000boe/d
• Apply horizontal well technology using multi‐stage frac’ing 
  technology
• Reduce drilling and completion costs through application
  of innovative
  slimhole/monobore solution
• Optimize frac’ing process to enhance production rate and 
  reserves capture
• EOR (CO2) and Waterflood potential