Februari Välkommen till Texas Onshores Road Show!

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2 Februari 2009 Välkommen till Texas Onshores Road Show!

3 Kvällens program Presentation av bolaget Thord Lernesjö Projekt Lowell Lischer & Ulf Lernesjö Framtid och frågestund Thord Lernesjö Samkväm med ost och vin

4 Texas Onshore i punktform Avtalspåtecknande gällande mellanöstern beräknas ske inom kort Oljefälten i Ryssland kräver ytterliggare genomlysning och omarbetning Under de senaste 12 månaderna har vi lyckats med 75 % av våra borrningar och misslyckats med 2 fördjupnings och återinträdesprojekt Ca aktieägare Tidpunkten för ansökan om notering av bolaget är avhängigt hur fort projekten i Mellanöstern och Ryssland kan slutföras. Vi räknar med att kunna slutföra projekten i slutet av 2012.

5 Styrelsen & VD Från vänster: Jan R. Nilsson, Ledamot Thord Lernesjö, VD Jonas Svantesson, Styrelseordförande Björn Goldman, ledamot Inklippt: Christel Lernesjö, ledamot

6 Thord Lernesjö VD Thord Lernesjö är en av grundarna av Texas Onshore AB (publ). Thord har en magister examen i ekonomi från Lunds Universitet och har arbetat med den amerikanska oljeindustrin sedan Thord har i över tio år varit styrelseledamot i ett flertal svenska och utländska bolag.

7 Björn Willysson, CFO Texas Onshore AB (publ) Björn har en Civilekonomexamen från Handelshögskolan i Göteborg. Han har en gedigen erfarenhet som ekonomichef, ekonomidirektör, administrativ chef och vice VD i medelstora svenska och internationella koncerner inom olika branscher. De senaste fem åren har Björn Willysson varit engagerad i Texas Onshore AB och dessförinnan Tedcompile AB.

8 Lowell K. Lischer President, Texas Onshore Resources Inc. Lowell har en Bachelor examen i agronomi och Master examen i geologi från University of Missouri, USA. Hans 30 åriga erfarenhet inom branschen inkluderar projektframtagning, granskning, borrning samt utvärdering av borrningar och olje och gas produktion. Därtill har han över 20 års erfarenhet av ledning inom små och mellanstora privata oljeföretag.

9 Ron Evans Controller och finanschef, Texas Onshore Resources Ron har en Bachelor of Science i redovisning. Han är även auktoriserad revisor (CPA) både i Oklahoma och Texas. Ron har arbetat i olje och gasbranschen i över 30 år och han har varit chef för redovisning och finans vid Conoco Philips och Trans Texas Gas Corporation.

10 Texas Onshore WI Projekt Alsen Field, Well Decker nr 1 Casino 1.1, Well Bullpen nr 1 Casino Yegua, Well BLM nr 1 Casino 2, Well Townsite nr 1 Casino 3, Well Five Card Stud nr 1 Hallelujah, Well Lobit nr 1 Old Town Bay, Diamond Development nr 2 Old Town Bay 2, Kraus & Managan nr 1 (Diamond 3) Outlar, Well Outlar Nr 1 Port Hudson, Well Ann-Fritz nr 4 re-entry Sheldon, Well State of Texas nr 1

11 State of Texas Map

12 State of Louisiana Map

13 Casino nr 1: Jackpot Prospect, Bullpen #1 Month Gas (mcf) Oil (bbls) November , December , January , February , March , April , May , June , July , August ,

14 Old Town Bay

15 Old Town Bay Diamond Development #2 Production Month Oil (bbls) May ,404 June ,671 July ,183 August ,778

16 Outlar, Outlar nr 1

17 Outlar Outlar nr 1 Production Year Gas (mcf) Oil (bbls) ,072 3, ,164 60, ,240 38, ,923 30, ,200 18, , ,555 6,839

18 Alsen Field, Decker #1

19 Alsen Field Decker #1 3D proved attic oil at the apex of a million barrel water-drive reservoir PUD Reserve Potential 216,000 BO Calculated value of 190,500 BO Additional possible reserves 416,000 BO (attic potential high to existing wells) Calculated possible reserves of 229,000 BO, but not included in economics of well No pipe well on turnkey contract Locations are a problem in a flood-prone area of Louisiana requiring additional surface work for drilling and production facilities $16 premium for Louisiana crude Calculated Finding Cost (FC) for prospect: $16.61/BO. Anticipated average price/bo: $95.00

20 Casino Yegua, Crescent Prospect: BLM #1

21 Casino Yegua Crescent Prospect: BLM #1 The prospect is the first Yegua sand prospect identified on the newly acquired proprietary Casino Royale 3D seismic program and is located on a known Yegua Formation production trend in San Jacinto County, Texas. Based upon the estimated size and thickness of the Yegua seismic anomaly, the reserves potential is calculated to be 2.7 BCFG + 40,320 BO. Converting the potential reserves to Barrels Oil Equivalent (BOE) using 5,800 CFG equal 1 BOE yields a potential of 505,837 BOE The calculated Finding Cost (FC) is $2.85/BOE The total value of the potential reserves ($4/MCFG & 95/BO) at a 75% Net Revenue Interest (NRI) calculated to be $10,821,600 Well failed most probably due to a mixture of natural gas in formation water which the seismic sees as a Bright Spot (all gas)

22 Casino nr 2 Blackjack Prospect: Townsite #1

23 Casino nr 2 Blackjack Prospect: Townsite #1 This well offers to deepen the million BO Cleveland Townsite oil field Up-dip to 1952 well with multiple logged oil shows Test of additional deeper sands on crest of structure that produce in the area but not penetrated in field Going to be drilled at the heliport for the local police station. NCE Reserve potential: 1,338,875 BO BCF = USD 145 million Calculated Finding Cost (FC): $10.53/BO [Based on possibly two wells and using calculated potential oil only; gas and gas liquids not included]

24 Casino nr 3 Five Card Stud Prospect

25 Casino nr 3 Five Card Stud Prospect This well will test a fault trap structure Northwest of South Shepherd Field South Shepherd Field is productive from both the Upper and Middle Wilcox Formation NCE Reserve potential: 1,338,875 BO BCF = USD 145 million Calculated Finding Cost (FC): $10.53/BO [Based on possibly two wells and using calculated potential oil only; gas and gas liquids not included]

26 Hallelujah Lobit #1

27 Hallelujah Lobit #1 Attic oil high to producing well - multiple objectives PUD Reserves 821,700 BO BCFG Calculated PUD Reserves = 486,290 BO BCFG Probable Reserves 399,000 BO BCFG Calculated Probable Reserves = 359,710 BO BCFG Eastern fault-block of 25 million barrel BCF field producing since 1950 s Calculated Finding Cost (PUD Oil only): $8.02/BO

28 Old Town Bay 2 Krause & Managan #1

29 Old Town Bay 2 Krause & Managan #1(Diamond nr3) Eastward extension of the shallow oil development at Gillis-English Bayou Field (cum prod 38,492,760 BO BCF) Original prospect proposal calculated reserve potential at 680,000 BO (2 wells: 320,000 BO for well #1& 360,000 BO for well #2) We gave lower potential to both until after the Diamond Development #2 well was drilled. Calculated Finding Cost (FC) for this well: $11.83/BO The economics do not consider a potential second oil reservoir in the well since it has not been tested and appears tight in the Diamond Development #2 well

30 Port Hudson Ann-Fritz #4

31 Port Hudson Ann-Fritz #4 Well already drilled and ready to test 2 potential oil sands Log and core shows: 30º API oil in the Marg Vag sandstone Total Reserve Potential 103,250 BO (Marg Vag & Sparta Sandstones) Calculated Reserve Potential to be 82,500 BO $16 premium for Louisiana crude Calculated Finding Cost (FC): 12.34/BO Both the Marg Vag & Sparta sandstones proved to be limited in extent and too tight to produce economic quantities of oil.

32 Sheldon State of Texas #1

33 Sheldon State of Texas #1 Deepening of producing well to test 5 Yegua sands, 3 with proved undeveloped (PUD) reserves PUD for 3 sands only = 474,800 BO BCF, with additional 267,600 BO BCF from 2 deeper sands in up-thrown position Calculated PUD Reserves = 203,800 BO BCFG and additional deep reserves = 74,700 BO BCFG for a total potential of 278,500 BO BCFG Converting natural gas (PUD Reserves only) to Barrels Oil Equivalent (BOE) = 168,000 BOE and a total BOE Reserve potential of 371,800 BOE Calculated Finding Cost (FC) for PUD Reserves: $4.68/BOE Well failed due to seismic bust on the prospect fault alignment One potential productive sand showed to be tight

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