1. Presents Dolomite Oil Project White Pine County, NV

2. WHY Dolomite? 80% of Worlds Largest Oil Fields
13 of 17 new fields in US for 2013
80% are 5,000 feet deep
5,000+ Barrels AVG Production Rates
100% Recovery Possible
No Fracking Necessary

3. There’s only 14 “Billion Barrel” Oil Fields Ever Discovered in the USA to date Two are located in the Great Basin including, the prized Covenant Field and Noble’s reported 1.4bbl Wilson Project in Elko County, NV The Chainman Basin contains 4,000 feet of organic rich shale on top of Dolomite Horst & Landslide Targets with analogs Grant Canyon, Blackburn and the Covenant oil fields etc

4. U.S. Department of the Interior 2005 U.S. Geological Survey
Estimates a mean of 1.6 billion barrels of undiscovered oil in Eastern Great Basin Province

5. Scripps Institute Identifies “Slab Tear along Nevada Rift
In convergent continental margins and tears are geographic coincidences of some giant oil fields.
Examples include well known oil fields in Chile, Columbia, Mexico, Western United States, Japan and China.
Swan & Keith, AAPG Article #91020©1995

6. Western Oil Exploration Company
Controls 11,200 Acres in Federal Leases Exp in the Eastern Great Basin, White Pine County, Nevada

8. Nevada Historical Field Production Reports Eastern Great Basin
Eagle Springs – 5,388,017
Trap Springs – 14,507,592
Bacon Flat – 1,013,378
Blackburn – 5,267,043
Grant Canyon – 21,057,273
Kate Springs – 2,331,847

9. Recent News for Nevada - Noble Energy (NYSE:NBL) Invest $200M
- Amassed 300,000 acres
- Drilled 8 wells with first horizontal in 2015
- Discovered 1.6 Billion Resource Estimate
- Plains (NYSE) Pluto well was re-entered discovering light oil in Chainman
- Chainman shale contains +17% Total Organic Carbon – A world-class formation.

10. An Exploration Partnership…
Dolomite Oil
An Exploration Partnership…

12. GETECH Gravity Attenuated Fault Block (Center) 4,000 acres in size

13. Cross Section
Faulted Dolomite Slide Block

14. Review by Walter E. Johnson

16. 1.8 Billion barrels of oil in place
With an estimated…
1.8 Billion barrels of oil in place

17. Why does Western reasonably expect to find 1.8 Billion barrels of oil?

18. Supporting Evidence…
GETECH Maps 4,000 acre attenuated fault trap photo copy of Grant Canyon Field
Bakken/Pilot Shale 350+ thick Target
Seismic defined 2,700’ thick horst tilted with landslide knoll +4,000 acres aerial extent with 4-way faulted Dolomite Targets AVG 600 barrels per acre foot
Well Control maps +4,000’ of Chainman Shale from 500-4,500’ deep at top of Dolomite. Seismic Survey corroborates gravity

19. The Opportunity…
$6m Drilling – Vertical + Horizontal = $60,000 per 1% Working Interest 3 Appraisal Wells = $24m
Tax-advantaged – 100% of Tax IDC’s Intangible Deductible Costs
Drilling Partners enjoy preferential payback

20. Economics? Oil at $50/barrel $8/barrel Production Cost
2,500 barrel/day well
$40m annually
Estimated Return of Investment – 5 months
17 wells - $600m annually
Operations by local experienced hands.

21. Western Oil Exploration Company 1580 Lincoln Street, Suite 580 Denver, Colorado 80203
Dean Young, President
(720)