AOW COMPLETES COMPANY MAKING ACQUISITION IN UTAH AND TEXAS...

AOW COMPLETES COMPANY MAKING ACQUISITION IN UTAH AND TEXAS

Highlights 
Acquiring 100% of oil and gas assets owned by US private oil companies 
Includes gas plant & pipeline ex Delta Petroleum assets 
4.3mmboe 1P reserves certified by independent reserve reports from Tier 1 certifier 
US$90m future revenue at $45 oil price with potential to grow and expand 
90 boepd set to grow to +800boepd by mid-2017 – AOW cash flow positive end 2016 
All stock transaction escrowed for 18months from closing expected in 60 days