VOLTAIC STRATEGIC RESOURCES LTD — AGM Information 2013

May 20, 2013

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AGM PRESENTATION MAY 21[st] , 2013

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www.incrementaloilandgas.com

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DISCLAIMER AND IMPORTANT NOTICE

This presentation contains forward looking statements that are subject to risk factors associated with oil and gas businesses. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a variety of variables and changes in underlying assumptions which could cause actual results or trends to differ materially, including but not limited to: price fluctuations, actual demand, currency fluctuations, drilling and production results, reserve estimates, loss of market, industry competition, environmental risks, physical risks, legislative, fiscal and regulatory developments, economic and financial market conditions in various countries and regions, political risks, project delay or advancement, approvals and cost estimates.

All references to dollars, cents or $ in this presentation are to American currency, unless otherwise stated.

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OVERVIEW

Shares on issue – 156.1m

Options on issue – 92.5m*

Share price range (last 12 months) Code - IOG High : A$0.32 Low : A$0.14

• Rapid Growth – revenue, profit, reserves

• Oil weighted

• Positive cash flow and strong profit record

 We acquire underperforming oilfields and increase production

• Focus is onshore USA

• $1m cash, A$4.5m debt

• (A$0.20, expire 1 November 2014)

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GROWTH TRACK RECORDS

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Proved & Probably Reserves Production (Avg Boe/d)
6 600
2P Reserve
Gas Prod'n
1P Reserve
Oil Prod'n
5 500
4
400
3
300
2
200
1
100
0
0
2010 2011 2012
2010 2011 2012
Million boe
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CONSISTENT GROWTH

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Comparison of year-on-year results
Financial Results (US$M)
18
16
14
12
Oil & Gas Sales
10
EBITDA
8
6
4
2
0
2010 2011 2012
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BOARD & MANAGEMENT

BOARD –

MANAGEMENT –

 Chris Cronin (Chairman):

• John Whisler (VP USA)

30+ years experience in the oil industry (Woodside – 23 years finishing as Director Strategy & Planning; BP Australia)

20+ years experience in all aspects of upstream sector with track record in developing oil fields in USA

 Gerry McGann (Managing Director):

 Simon Adams (CFO/Company Secretary):

40+ years geologist worldwide (Occidental Petroleum, Baker Hughes). Track record in discovery of >200M barrels of oil in Australia, Middle East and North Sea; CPG

 Mark Stowell:

• 20+ years financial management and Corporate Compliance

 Sharon Regan-Williams (VP Land)

20+ years experience on land management in the oil and gas sector in USA

Founder of Anvil and Mawson West, CA

 John (Sandy) Macdonald:

GEOSCIENTISTS –

13 years in Senate, LLB

• Joerg Mattner (Geologist):

25+ years, Carbonate and structural specialist

• Volker Koehler (Geologist):

20 years in exploration and production

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OPERATING LOCATIONS

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FLORENCE OILFIELD

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• 21 Producing wells

WATTENBURG

• High initial rate of production and quick payout

• Light, sweet crude (WTI pricing)

FLORENCE OILFIELD

• Wells inexpensive (~$650k)

• Wells can decline quickly

• IOG has over >20,000 acres leased

• 100% WI, avg 80% NRI

• Purchased May 2012

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PIERRE FORMATION POTENTIAL

 Excellent quality 3D seismic over much of our leases

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• Fracture zones clearly visible and mappable on seismic

• Many anomalies remain undrilled

 2013 drilling campaign will concentrate on western part of field

• Additional seismic required before drilling

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80% of Florence
value is Niobrara
Silo Field
68 horizontals
IP 500-2000 BOPD
West Grover / Fury Field
Recent wells at 600 BOPD managed
rate
Wattenberg Field
PDC buys Niobrara at
$10k/acre ($330m)
Florence Field
First horizontal Niobrara commercial
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NIOBRARA at FLORENCE

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 Niobrara is very widespread
 Florence same depth and
maturity as Wattenberg Field
 AKK drilled well 400m from
our leases (Reported 200’
‘potential pay’)
 Then drilled 4100’ horizontal
well, with 16 stage frac
 Reported production rates of
403 boepd
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CRETACEOUS LANDSCAPE

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• Niobrara deposited in same large inland sea as the EagleFord Shale in Texas

• Both limestones have significant entrained oil

• EagleFord now one of largest oil plays in world

NIOBRARA FM. EAGLEFORD SHALE

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CALIFORNIA PROJECTS

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• ROUND MOUNTAIN (100% WI)

• 8 wells drilled

• Production ~90 bopd

• SHEEP SPRINGS (100% WI)

 Production ~105 bopd

• M[c] DONALD A/C (75-100% WI)

• Large acreage

• Multiple reservoirs, drilling planned 2013

 RAVEN PASS Exploration

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2013 OBJECTIVES

• Florence Oilfield – Pierre drilling

programme ( increase production/revenue)

 Drill Niobrara wells – potential farmdown ( increase reserves from existing contingent resource )

 Strategic acquisition of producing assets to increase production to >3000 bopd within 3 years

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