SUREFIRE RESOURCES NL — Investor Presentation 2015

Jun 23, 2015

==> picture [292 x 157] intentionally omitted <==

ACN 083 274 024

Investor Presentation

24 June 2015

OIL & GAS SE

==> picture [127 x 68] intentionally omitted <==

Black Ridge Mining NL (ASX : BRD) through its wholly owned subsidiary, Oil & Gas SE Pty Ltd, has obtained Exclusive Rights to acquire and operate advanced oil and gas seismoelectric exploration technology for the regions of Australia, Indonesia, Thailand, Malaysia, Myanmar and Cambodia.

The technology is designed in the United States (US) by PetroLocate and the operating unit is known as the PL14. The new generation of seismoelectric technology contained in the PL14 (Patent Pending Pub. No: US2014/0111207 A1) represents a significant advancement in technology enabling detection of mobile resistive fluid (oil, gas, fresh water) filled formations to depths of up to 3,000m.

The development of the PL14 technology has enabled the unit to receive a substantially higher signal to noise ratio than its predecessors. This is critical in producing a more reliable and respectable signal.

==> picture [337 x 355] intentionally omitted <==

----- Start of picture text -----

Myanmar
Thailand
Cambodia
Malaysia
Indonesia
Australia
----- End of picture text -----

PL14 TECHNOLOGY

==> picture [127 x 68] intentionally omitted <==

The PL14 represents major advances over the original seismoelectric technology and represents the next generation of oil and gas exploration equipment of this type, with impressive results emerging out of the US.

THE PL14:

• Can image mobile resistive fluids (oil, gas, and fresh water) to depths of up to 3,000m.

• Is designed specifically for detecting electrical signals generated by the passage of a seismic impulse wave through soil and rock profiles.

• Is a cost effective way to geophysically test and reduce the risk on undrilled oil and gas locations.

• Is a portable operating unit, robust and extremely mobile and is able to be operated in rugged and difficult terrain and environmentally sensitive areas.

• Leaves a very light footprint and is therefore an environmental friendly way to geophysically test undrilled locations.

The advanced technology is demonstrating to be an important instrument in assisting and identifying hydrocarbon targets within the oil and gas industry.

UTILISATION OF PL14

==> picture [127 x 68] intentionally omitted <==

SeismoElectric Surveys using the advanced PL14 technology can be used to define productive zones in existing fields as well as in wildcat areas, calibration to similar geology and existing fields will always result in more accurate and reliable results.

USES OF PL14:

• As a standalone indicator tool to source oil and resources hydrocarbon gas

• within existing fields and reducing the risk of drilling non-productive wells.

• In with more traditional and seismic data as an conjunction exploration

• additional tool for risk reduction.

RESULTS OF PL14 CAN:

• Determine the depth and extent of hydrocarbon reservoirs.

• Qualitatively characterize the hydrological properties of a hydrocarbon reservoir (possibly more quantitatively in a well calibrated field).

• Effectively place wells to maximize the chance of success or chance of production.

• Reduce the risk of undrilled prospects or field extensions.

• Rank a portfolio of prospects, leads or well locations.

2D SEISMIC & PL14 SEISMOELECTRIC PROFILE

New PL14 seismoelectric exploration unit operator Texoma Exploration has been involved in nine oil exploration programs to date using the PetroLocate technology. After testing exploration sites with the PL14, Texoma, identified six wells as having enough oil for economical extraction from a vertical oil well and 3 wells that did not have economic hydrocarbons as confirmed by the PL14.

==> picture [127 x 68] intentionally omitted <==

Trinity Aquifer

PL14 2D SEISMOELECTRIC MODELS OF OIL PLAYS

==> picture [176 x 425] intentionally omitted <==

==> picture [145 x 389] intentionally omitted <==

North Texas Exploration

The adjacent profile predicts an oil and gas zone from approximately 1,200m to 1,500m.

A well was completed in May 2014 to around 1,500m with the operator reporting good producing zones being penetrated.

==> picture [127 x 68] intentionally omitted <==

The area in red transitioning to yellow represents the productive zone.

The water bearing zone above 150m was ignored for the purpose of effective modeling.

The profile defines the extent of the known producing oil zone as proven by drilling.

THE MARKET

==> picture [127 x 68] intentionally omitted <==

• Oil and gas discovery opportunities within Australia, Indonesia, Myanmar, Thailand, Cambodia and Malaysia are substantial and the Company will be sourcing partnership and joint venture opportunities within these countries.

• A PL14 exploration survey is an affordable, low environmental impact, geophysical alternative for oil and gas exploration companies.

• The PL14 is able to help rank an oil and gas companies drilling portfolio in order to reduce the risk and expense of drilling a dry or unproductive well.

DISCLAIMER

==> picture [127 x 68] intentionally omitted <==

Disclaimer: This presentation has been prepared by Black Ridge Mining NL (the 'Company') for the benefit of potential investors and not as specific advice to any particular party or person.

The information is based on publicly available information, internally developed data and other sources. No independent verification of those sources has been undertaken and where any opinion is expressed in this document it is based on the assumptions and limitations mentioned herein and is an expression of present opinion only. No warranties or representations can be made as to the origin, validity, accuracy, completeness, currency or reliability of the information. The Company disclaims and excludes all liability (to the extent permitted by law), for losses, claims, damages, demands, costs and expenses of whatever nature arising in any way out of or in connection with the information, its accuracy, completeness or by reason of reliance by any person on any of it.

Where the Company expresses or implies an expectation or belief as to the economic viability of future projects, such expectation or belief is based on current predictions, assumptions and projections. However, such forecasts are subject to risks, uncertainties and other factors which could cause actual results to differ materially from future results expressed, projected or implied by such forecasts. The Company does not have any obligation to advise any person if it becomes aware of any inaccuracy in, or omission from, any forecast or to update such forecast.

This presentation may include certain "Forward-Looking Statements". All statements, other than statements of historical fact included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

Contact: Vladimir Nikolaenko +61 8 9 574 6255