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Company Update October 2012

www.loyzenergy.com

THE NEXT FRONTIER

2

I. Introduction and key highlights 2

II. Company overview 10

III. New Zealand 16

IV. America 21

V. Australia 26

VI. India 30

VII. Rex Oil & Gas Ltd. 34

VIII. Appendix 36

2011

2010

2009

2008

Loyz Energy Limited – company snapshot

3 Notes: 1. Pending legal completion 2. 70% once interpretation of 3D seismic data is completed, and upon approval of Australian authorities 3. Pending shareholders’ approval Source: Loyz Energy Limited, Bloomberg (market data as of 1 October 2012)

Overview Key concessions Loyz Energy Limited (“Loyz” or the “Company”), previously known as Sim Siang

Choon Limited, aims to reposition into a Singapore-listed fast growing independent Exploration and Production (“E&P”) company, and is backed by an experienced and well-reputable management team

Loyz aims to build a balanced portfolio with a robust mix of both onshore and offshore E&P concessions

Loyz’s current portfolio includes concessions in potentially prolific and favorable fiscal E&P regimes including the US, New Zealand, Australia and India

To complement the Company’s technological and operational platform, Loyz has formed strategic alliances with GEO EAST Co. Ltd. for seismic capabilities and Rex Oil & Gas Ltd. (“Rex”) to jointly explore 35 acreages in Asia-Pacific using cutting edge, proprietary technologies

Loyz’s major shareholder is Jit Sun Investments Pte. Ltd. – ~31.8% stake

Time Event

May Jit Sun Investments acquires a 51% stake in Interlink Petroleum Limited, India

February Interlink Petroleum Limited begins seismic and drilling works

July Sim Siang Choon Ltd acquires Interlink Petroleum Limited

July Sim Siang Choon Ltd changes it’s name to Loyz Energy Limited

October Loyz pens cooperation agreement with Rex

November Enters into a farm in agreement for VIC/P62 in Australia

January Signs a strategic cooperation agreement with GEO EAST Co. Ltd.

August Announces the signing of the acquisition of its first New Zealand petroleum exploration permit within the Taranaki Basin

August Enters into a Participation and Exploration agreement in the US

October Loyz divests its sanitary ware division for SGD9m to concentrate on growing its upstream energy business3

2012

Site

Effective participation

interest1 Exploration Development Production

New Zealand - Awakino 10% New Zealand – Kahu, Mokau 90% US – Colorado, North Dakota 20% Australia - Pretty Hill 1 & 2 20%2 India - Baola and Gujarat 51%

Building the platform to emerge as a leading independent E&P company

Combining extensive industry experience with cutting edge / leading technology

Leveraging industry know-how and relationships to identify attractive entry opportunities

Focusing on acquiring under-evaluated and undervalued concessions in favorable fiscal regimes

Developing and maximizing the potential of concessions across the E&P process

Achieving first oil by 2013, by prioritizing the production of concessions with near term production potential

Market data (as of 1 October 2012) Current share price (S$) / market cap (S$) 0.49 / 144.4m

52 week high (S$) / 52 week low (S$) 0.52 / 0.26

Issued share capital / 3-month average daily turnover volume (shares) 294.6m / 286.8k

FY12 shareholders funds (S$) / Net cash (S$) 51.4m / (3.8m)

Strategy Key milestones

Value proposition

4

Proven fields

Production coming on stream

Development opportunities

Attractive prospects

Strong and experienced management

Extensive experience, know-how and relationships across the E&P industry

Seismic capabilities

Reservoir knowledge

Diversified concessions - New Zealand exploration and

development concession - Australian exploration concession

- India onshore exploration and development concession

- US onshore exploration, development and production concession

Service & development capabilities

5

Inked first major onshore E&P deal in the US where Loyz and Rex will carry out a drilling campaign of 80 onshore wells located in Colorado and North Dakota

Owns two production-sharing contracts (PSCs) for the onshore Baola and Modhera fields in Gujarat, India

Recently announced the acquisitions of two petroleum exploration permits (PEPs) – one for New Zealand’s Taranaki Basin1 and the other for an area off the coast of Victoria in Australia

Overview of concession portfolio (I)

Notes: 1. Pending legal completion Source: Loyz Energy Limited

Overview of concession portfolio (II)

6

Total gross acreage of ~5,299km2

Notes: 1. Pending legal completion 2. 70% once interpretation of 3D seismic data is completed, and upon approval of Australian authorities Source: Loyz Energy Limited, Competent Person’s report by Gaffney, Cline and Associates in June 2011, Trident Energy, Schlumberger (2009), Roxar

Gross Initially In Place (GIIP)

Field Area Effective participation interest1 Structure Oil (mmbbl) Gas (bcf)

P90 Mean P10 P90 Mean P10 New Zealand

Awakino

Taranaki Basin, New Plymouth (411km2)

10% Mangahewa - - - 40 53 70

Kahu 90% Fan Sand - - - 54 156 294

Kahu 90% Mangahewa - - - 108 368 723

Kahu 90% Tikorangi - - - 35 255 568

Mokau 90% Mangahewa - - - 280 1,123 2,257

Sub-total - - - 517 1,955 3,912

Australia

Pretty Hill 1 Victoria, Torquay Basin

(4,630km2)

20%2 n/a 512 1,796 3,556 505 1,741 3,432

Pretty Hill 2 20%2 n/a 301 1,149 2,322 297 1,114 2,243

Sub-total 813 2,945 5,878 802 2,855 5,675

India

Baola Gujarat (4km2) 51% Kalol 5 7 10 1 1 2

Modhera Gujarat (13km2) 51% Modhera 8 18 52 - - -

Sub-total 13 25 62 1 1 2

US

Whitewater Colorado (202km2) 20% Dakota Sst 133 176 224 - - -

North Dakota North Dakota (39km2) 20% Renville County - - - - - -

Sub-total 133 176 224 - - -

Gross acreage ~5,299km2

Estimated near term capex of ~USD30m to drill one exploration /

appraisal well before end 2013

Estimated seismic and drilling capex of ~USD35m before 2014

Estimated near term capex of ~USD24m, drilling to commence

1Q2013

First production expected in 2012/13

Key highlights

7

Notes: 1. Pending shareholders’ approval

(1) Loyz Energy positioned for

growth

(2) Technology a key differentiator

Loyz is well-positioned to become a leading independent E&P player based in Singapore - Possesses a portfolio of quality exploration, development and production concessions in commercially favourable fiscal

regimes including Australia, India, New Zealand and the United States - Recently announced US farm-in gives Loyz access to huge acreages in North Dakota and Colorado’s largest unitized Oil &

Gas (“O&G”) lease, on top of enjoying immediate cash flows through a turnkey drilling contract to the operator for the whole project

- Divestment of sanitary ware division to concentrate on growing its upstream energy business1

Access to Rex’s proprietary technologies for the Asia-Pacific region - Exploration methodology based on proprietary data handling and analysis systems like Rex Gravity©, Rex Seepage©,

and Rex Virtual Drilling© to more accurately identify commercial prospects and reduce risks involved with drilling

- Technologies would also be managed by a superior management team with worldwide expertise and knowledge

Key highlights (II)

8

(3) Quality concessions & active risk management

(4) Strong potential from the concession portfolio in the near

term

Favourable risk-reward returns owing to its balanced portfolio of growth concessions and active management team - Robust mix of exploration concession in Australia, exploration and development concession in New Zealand and India, and

exploration and production concessions in the United States - Potential is supported by prolific discoveries in adjacent or nearby fields, as well as encouraging seismic results - Has options to farm-out its current leases to provide revenue opportunities, and avoid over-extension of balance sheet - Management team has more than 50 years of direct experience in professional exploration and production activities

United States concessions providing almost immediate cash flow; India concessions on the periphery of first production

- United States concessions provide immediate access to total reserves of 6.19 barrels of 2P oil reserves, 6.84 million barrels

of 2C oil resources and 2C gas resources of 45.18 billion cubic feet Prolific potential from New Zealand and Australia concessions - High potential in prospecting the New Zealand resources, based on data sources and interpretation provided by external

consultants like GCA and Schlumberger, profiles of nearby fields from sources like Geoscience Australia, and other publicly available information

- Encouraging initial seismic results from the Australia concession, with attractive leads identified for further seismic shoots and analysis, followed by potential exploration / appraisal drilling targets

9

2012 2013 2014 and beyond

Loyz acquired its first New Zealand petroleum exploration permit for USD6.5m An initial USD1.5m refundable payment made to STP Energy Pte. Ltd. at the binding memorandum of understanding stage will be used to offset the USD6.5m payable

Loyz Energy will contribute ~USD14m for the cost of exploration and drilling for the first 40 wells in Colorado and North Dakota Loyz Energy plans to drill one exploration / appraisal well in New Zealand in 2013 with estimated capital expenditure of ~USD30m

Post drilling of the first 40 wells in the US, parties will undertake the drilling of an additional 40 wells, whereby Loyz will contribute ~USD6m of the drilling cost Prospecting Australia concession with further seismic data acquisition

Future roadmap

Source: Loyz Energy Limited

10



III. New Zealand 16

IV. America 21

V. Australia 26

VI. India 30


VIII. Appendix 36

An independent E&P company

11

Asset owner Explore Develop Produce Transport Refine Distribute Consume

Integrated oil company

Independent E&P company

Oil service companies – support activity

Focus/Rebrand Be recognized as a technology based regional O&G Independent

Development Production/ Discovered Concessions

2009

2008

Transformation to an independent E&P company

12 * On 17 September 2012, the Company received a letter from a law office acting for Discovery Geo Corporation (“Discovery Geo”), alleging among other matters, that Discovery Geo owns a 25% beneficial interest in the permit and that the sale by STP to Loyz NZ Ventures Limited (“Loyz NZ”) is ineffective. In consultation with its legal advisors, Loyz NZ responded to inform Discovery Geo that as Loyz NZ has no relationship, legal or otherwise, with Discovery Geo, Discovery Geo should correspond with STP directly as regards any claims concerning the permit. Source: Loyz Energy Limited, Interlink Petroleum Limited

2008

2010

2012

2011

Time Event

May Jit Sun Investments purchases a 56% stake in Interlink Petroleum Ltd for Rs172.8m through a preferential allotment. The equity capital was planned for the expansion of business, capital expenditure and business development expenditure, as well as augmentation of working capital.

February Interlink Petroleum obtains the mining lease for Modhera oil field, the Production Sharing Contract and the field. The planned development of the Modhera field was conducted systematically by first acquiring seismic data and subsequently drilling new wells.

July

Sim Siang Choon's (SSC) proposes an acquisition of a 47.9% stake in Interlink Petroleum Ltd (BSE Investments (41.4%) and Kenneth Pereira (6.5%). This was paid via the issuance of 108.49m new ordinary SSC shares at SGD0.11 per share. Proposed issuance of 22.25m new shares at SGD0.11 per share to Kenneth Pereira.

September Mandatory general cash offer by Jit Sun Investments for remaining shares of Sim Siang Choon at SGD0.11 per share.

July Issuance of 12m convertible preference shares at SGD1.00 per share to Venstar Investments Ltd and Venstar Investments II Ltd. Proposed change of company name from 'Sim Siang Choon Ltd’ to ‘Loyz Energy Limited’.

October Signs cooperation agreement with Rex Oil & Gas Ltd (private) to jointly carry out exploration activities in 35 areas across Asia Pacific.

October Signs a MOU to purchase interest in a PEP in Taranaki Basin, offshore Taranaki Basin, New Zealand from STP Energy Pte. Ltd. (“STP Energy”). Pays a refundable USD1.5m deposit for the stake.

November Enters into a farm-in agreement with Trident Energy Limited. Acquires a 20% stake in Petroleum Exploration Permit VIC/P62 over Area V04-2 in the Victorian Adjacent Area, Australia for AUD650,000. Has an option to earn up to another 50% stake by acquiring, processing and interpreting 3D seismic shoot.

January Signs a strategic cooperation agreement with GEO EAST Co., Ltd., seismic services subsidiary of BGP International and CNPC.

August Enters into a placement agreement with an investor for the subscription of 12m new shares, raising SGD3.7m in proceeds that will fund working capital requirements and other projects.

August Announces the signing of the acquisition of its first New Zealand petroleum exploration permit for USD6.5m, giving Loyz the right to explore for hydrocarbons in the Awakino area which is located within the prolific oil-producing Taranaki Basin.

August Enters into a Participation and Exploration agreement with Rex Oil & Gas Ltd. and Fram Exploration ASA to participate in drilling of 80 onshore wells in Colorado and North Dakota. Loyz and Rex Oil & Gas Ltd. will also provide 2 drilling rigs.

October Loyz announces that is proceeding with a farm-in-agreement with STP Energy in relation to the acquisition of certain interest in an exploration permit in New Zealand, on the basis that STP Energy is the 100% legal and beneficial owner of the permit and that completion of the acquisition should continue*.

October Announces agreement to sell sanitary ware division for SGD9.0m, subject to shareholders’ approval. This sale will allow Loyz Energy to concentrate on growing its upstream energy business and augment the Group’s working capital for ongoing projects and future O&G opportunities.

Attractive concessions in favorable fiscal regimes

13 Source: Loyz Energy Limited

Modhera, Gujarat (13km2)

Baola, Gujarat (4km2)

Torquay Basin, Australia

(4,630km2) Pending 3D seismic data

confirmation

Taranaki Basin, New Zealand (411km2)

Contingent resources of 25.9bcf gas and 1.7m stb of condensate

Williston Basin, North Dakota

(39km2)

Whitewater, Colorado (202km2)

Combined production potential of ~292,000 cubic feet per day of natural gas

2P Reserves 6.19mmbbl of oil reserves; 2C gas resources of 45.18bcf

Organizational structure (targeted)

14 Separate entity Source: Loyz Energy Limited, Bloomberg (market data as of 1 October 2012)

Dr Kenneth Pereira MD of Hibiscus Petroleum

Jit Sun Investments Family office of the Lee family

Mr. Sim & Associates Previously the major shareholder

of SSC Public

31.8% 31.6% 33.9%

* Divestment pending shareholders’ approval

2.7%

Loyz Oil Australia Pty Ltd Loyz Oil New Zealand Limited Loyz NZ Ventures Limited

Interlink Petroleum Limited Loyz Oil Pte Ltd

100%

100% 100% 51%

10.4%

41.37%

Loyz USA Holdings LLC

Loyz America LLC Loyz Rex Drilling Services LLC

100%

100% 51%

Management team

15

Dr. Ambrose Corray, Chief Executive Officer More than 25 years oil field experience through senior management levels with Schlumberger, General Electric, and Interlink

Petroleum Ltd, providing all aspects of oilfield services to major clients worldwide Bachelor of Science (Honours) degree in Mechanical Engineering from King's College, London University (United Kingdom) and a

Masters degree in Business Administration and a Doctorate in Business, both from Southern Cross University (Australia)

Mr. Adrian Lee, Executive Director Represents Jit Sun Investments Pte. Ltd and also holds directorship at various companies Over 10 years of business experience in the O&G sector, both within and outside India Graduated from University of Strathclyde, Glasgow, majoring in Finance

Dr. Bruce Morris, Chief Technical Officer More than 20 years of professional exploration experience across the globe, including New Zealand, Australia, Papua New Guinea,

China, Thailand, India, Cuba and the Antarctica Extensive expertise in prospect generation and evaluation, as well as seismic, drilling and production operations, both on the field and

at the supervisory level, serving at BDM Consulting, NZ Oil & Gas, Indo-Pacific Energy (now Austral Pacific Energy), Pacific Tiger Energy, Oil Exploration Consultant, Glenaladale Forestry Ltd and is currently Director of Global Seismic Solutions Ltd

PhD in Geology and Geochemistry from Victoria University of Wellington

Mr. Jeffrey Pang Kee Chai, Chief Financial Officer Oversees finance, accounting, tax, compliance and reporting matters Over 10 years of experience in the role of finance with various multi-national corporations External Auditor of Deloitte and Touche from 2000 to 2004, and is a fellow of the Association of Chartered Certified Accountants and a

Certified Public Accountant of Singapore

16



III. New Zealand 16

IV. America 21

V. Australia 26

VI. India 30


VIII. Appendix 36

PEP 38479 – New Zealand concession

17

The permit located off New Plymouth, New Zealand is 411km2 (~101,560 acres) in total

4 wells drilled in the 1980s; Seismic done to cover most of the permit area

One well will be drilled for appraisal before the end of 2013; USD30m of investment is expected

Awakino South-1 was spudded in 39m of water on 30 August 2008 and reached a total depth of 3459m on 01 November 2008 (64 days)

Loyz will be the the permit holder and co-operator with STP Energy Pte. Ltd., a private company based in Singapore

Area 1

Area 2

Permit

Nearby fields

showing promising

results

Source: Schlumberger Integrated Reservoir Study (2009)

PEP 38479 – farm-in agreement in progress

18

On 6th August 2012, Loyz NZ Ventures Limited (“Loyz NZ”), a subsidiary of Loyz Energy Limited, agreed to acquire a 90% working interest and 100% legal

ownership interest in Area 2 and 10% working interest in Area 1 of the petroleum exploration permit PEP 38479 in Taranaki Basin, New Zealand, from STP

Energy Pte. Ltd. (“STP”), an O&G company, for a purchase consideration of USD6.5m

PEP 38479 covers an area of 411 km2 in the Awakino area which is located within the Taranaki Basin, New Zealand

- Contingent resources of about 25.9bcf of gas and 1.7m stock tank barrels (STB) of condensate. This permit was recently extended for a further period

of 4 years from 24 September 2012 to 23 September 2016

Under the terms of the agreement, Loyz NZ will make an initial payment of USD2.5m of the acquisition cost within five business days after STP provides

documentary evidence of the receipt of consent of the Minister under section 41 of the Crown Minerals Act 1991 (NZ), and the remaining USD4m will be payable

within 14 business days after completion of the transfer of the interest in the permit to Loyz. In addition, Loyz NZ and STP will enter into a joint operating

agreement (“JOA”) for the permit

The transaction is subject to conditions such as the consent of the Minister under section 41 of the Crown Minerals Act 1991 (NZ), entry into JOA by

Loyz NZ and STP, and approval from other relevant authorities


PEP 38479 - Schlumberger Integrated Reservoir Study (2009)

19

Seismic database


Year Program #km Comments

1978-1991 Misc. pre-existing 2D ~2,000km Mixed quality. Some very short offsets (<2,600m) within some datasets

2000 PT00 2D ~600km Good quality and coverage principally over Awakino South prospect

2003 Reprocessing of various older vintages of 2D 430km To improve imaging within the Turi Fault Zone and to optimize

future acquisition programs

2004 DG04 2D 630km To better define Turi Fault Zone, and optimize planning of Kahu 3D acquisition

2005 Kahu 3D 529km2 Key objectives: reduce structural risk on Awakino South Prospect and better define Eocene fan

2005 Horst 3D 118km2 To define geometry of observed horst block in north of PEP 38479, and facilitate seismic basement discrimination

2006 Mokau 2D 152km Investigation of closure up dip of Mokau-1

2006-2007 PSDM (Oil Hunters) 123km2 Pre-Stack Depth Migration performed on a subset of Kahu 3D, to reduce drilling risk at Awakino South

Third-party studies show encouraging initial findings Geological model base case

Turi 20.5mmstb oil in place

Mangahewa 107bscf gas in place

Mangahewa 11.8mmstb condensate in place

PEP 38479 – resources (hydrocarbons-in-place)

20

Volumes by zone

Formation Hydrocarbon P90 P50 P10 Base Case

Turi Oil (mmstb) 16.8 26.8 39.4 20.5

Mangahewa (total) Gas (bscf) 78 116 162 107

Mangahewa-1 unit (upper) Gas (bscf) 74

Mangahewa-1 (lower) Gas (bscf) 24

Mangahewa-2 unit Gas (bscf) 9

Mangahewa (total) Condensate (mmstb) 8.6 12.7 17.8 11.8


Field totals

Formation Hydrocarbon In-place volume

Mangahewa – Awakino Sector Gas (bscf) 107 Base case

Mangahewa – Awakino Sector Condensate (mmstb) 11.8 Base case

Mangahewa - Mokau Sector Gas (bscf) 2,500 Notional mean GIIP

Mangahewa - Mokau Sector Oil (mmblo) 125.0 Notional mean

Mangahewa – Kahu Sector Gas (bscf) 264

Mangahewa – Kahu Sector Oil (mmblo) 571

Fan Sand – Kahu Sector Gas (bscf) 86

Fan Sand – Kahu Sector Oil (mmblo) 251

21



III. New Zealand 16

IV. America 21

V. Australia 26

VI. India 30


VIII. Appendix 36

Overview of Colorado and North Dakota development concessions

22

Agreement to farm into huge acreages (~60,000 acres) in North Dakota and Colorado’s largest O&G lease

Proven basin with oil producing wells in both States

Infrastructure substantially developed - access to two taps connected to the Trans-Colorado pipeline within the Colorado concession (estimated value of USD2m per tap)

Loyz, together with a strategic partner Rex, will drill for share of Net Revenue Interest which is convertible into Working Interest

Loyz and its partner will bring in 2 rigs to drill 40 onshore wells over 24 months and 80 wells in total

- Loyz will receive 20% Net Revenue Interest for each drilled and completed well

- The rigs will be fully funded and financed with 70% debt and 30% equity

The vendor of the blocks will contribute 30% of the drilling capital expenditure over the 24 months; Loyz and Rex will contribute the remaining

In addition to the 40% NRI, Loyz and its partner will also earn a percentage of the working interests (title) to all the leases in Colorado and North Dakota

There will be bonus given to Loyz and Rex once production exceeds a pre-agreed level

Significant potential upside in the leases coming from shale plays in North Dakota and also gas reserves already discovered in Colorado

Source: Loyz Energy Limited, Fram Exploration ASA Notes: 1. Term leases include some Held by Production (HBP) leases 2. Whitewater production unit lease working interests (WI) and net revenue interests (after royalties) (NRI) shown is the estimated average for all Fram’s oil and gas leases respectively. The actual average NRI is 77.19% of Fram’s WI and the effective NRI shown is Fram’s WI multiplied by 0.7719

Whitewater Field, Colorado

Williston Basin, North Dakota

Colorado and North Dakota – potential game changers

23 Source: US Energy Information Administration based on data from various published studies. Canada and Mexico plays from Advanced Resources International, Inc.. Updated May 9 2011

Shale crude potential in North Ameria

North Dakota

Colorado

Colorado and North Dakota – potential game changers (II)

24 Source: PIRA Energy Group, International Energy Agency, World Energy Outlook, DNB Markets, US Energy Information Administration (EIA)

Significant shale crude potential in North Dakota

0.0

0.5

1.0

1.5

2.0

2.5

3.0

3.5

4.0

2002 2004 2006 2008 2010 2012 2014 2016 2018 2020

Mill

ion

b/d

US Shale Crude Production From Bakken, Eagle Ford, Niobrara

PIRA - Sep 2012 IEA - World Energy Outlook November 2011Source: PIRA - May 2012, IEA WEO November 2011Source: PIRA - Sep 2012, IEA WEO November 2011

North Dakota shale crude production forecasts

0

100

200

300

400

500

600

700

800

900

1000

2000 2002 2004 2006 2008 2010 2012 2014

kbd

Bakken Liquids Production - US North Dakota

PIRA Estimate Dec-2009 PIRA Estimate Oct-2011 PIRA estimate May-2012Source: PIRA

Texas oil production has been declining for the past 40 years to about 1.1 million b/d in 2010 but has since increased to above 1.8 million b/d

North Dakota has also increased production by about 0.5 million b/d since 2008

The increase in oil production can primarily be attributed to shale oil production – total US crude oil production as of May 2010 was 5.5 million b/d but has since increased to 6.3 million b/d as of May 2012

Shale crude production in North Dakota has significantly exceeded analyst estimates in half a year between November 2011 and September 2012

Bakken shale crude forecasts have approximately doubled for 2014

Loyz’s current focus remains on conventional oil extraction, but the potential for shale crude production is evident

Overview of US concessions

25

Notes: 1. Gross Reserves are the estimated volumes attributable to 100% of the field 2. Gross Contingent Resources are the estimated volumes attributable to 100% of the field, and are 100% of the volumes estimated to be recoverable from the field without any economic cut-off being applied 3. Loyz is guaranteed 20% of NRI Source: Competent Person’s report by Gaffney, Cline and Associates in June 2011

Summary of net field oil reserves (mmbbl) as at 30th April 2011

Field Proved Proved plus Probable Proved plus Probable plus Possible

Whitewater production unit - Dakota Oil Reservoir 0.06 6.02 7.97

East Smith discovery, Williston Basin 0.09 0.17 0.24

Total 0.15 6.19 8.21

Field

Net contingent resources (mmbbl)

1C 2C 3C

Whitewater production unit - Dakota Oil Reservoir 0 4.24 4.24


Total 1.61 6.84 8.39

Summary of net entitlement contingent oil resources (mmbbl) as at 30th April 2011

Summary of net field gas resources (bcf) as at 30th April 2011

Field

Net contingent resources (bcf)

1C 2C 3C

Whitewater production unit - Dakota Gas 9.6 13.3 18.0

Whitewater production unit - Brushy Basin Gas 21.7 30.7 41.6


Total 32.0 45.2 61.6

26



III. New Zealand 16

IV. America 21

V. Australia 26

VI. India 30


VIII. Appendix 36

Australia concession – VIC/P62

27

Key liquid hydrocarbon basins in Australia

Source: Geoscience Australia

Australia concession – VIC/P62 (II)

28

Torquay Basin, Australia

Otway Basin

Lachlan Fold Belt

Rocky Cape Block

Bass Basin

TorquaySub-basin

VIC/P62

-100

-80

-80

-60

-60

-200

White Ibis

Trefoil

YollaRockhopper

Thylacine

Geographe

MinervaCasino

La Bella

Vic/P62

Location Off Torquay sub-basin of South Eastern Australia, close to the metropolitan area of Melbourne – Australia’s second largest city

Area 4,630 km2

Water Depth Less than 50m – 80m

Drilling Targets

Less than 1500m – 3000m

Potential Reserves

Un-risked discovery in excess of 600mmblo

Nearby development - Bass Basin (Origin Energy Resources)

Operator Origin Energy Resources operates the Rockhopper (39% participating interest) and Yolla (42.5% participating interest) asset

Potential Reserves

Yolla: proven and probable reserves equivalent to 151Pje, with condensates alone amounting to 4,185 kbbls

Rockhopper: Chappel 3D seismic survey interpretation has been completed and work is continuing on the volumetric modelling of the Trefoil gas/condensate resource

Nearby development – Otway Basin (Origin Energy Resources)

Operator Origin Energy Resources operates the Geographe and Thylacine (80% -100% working interests) assets within the Otway Basin

Potential Reserves

2P reserves of 339PJ of gas, 623kT of LPG, and 4,963kbbls of condensates

35.6 Pje of sales volume in 2011 and 24.6 Pje of sales volume in 2010 from the Otway Gas Project

Source: Origin Energy Resources website (http://www.originenergy.com.au/)

Australia concession – VIC/P62 (III)

29

Torquay Basin volumetrics from key concessions

Notes: 1. Risk of misinterpretation of faults and horizons due to seismic imaging at depth, need to reduce risk by 3D seismic Source: Loyz Energy Limited

Risks (Pretty Hill Farm 1 & 2)

Reservoir 40% Closest offset wells have reservoir, but vertical distribution locally is unknown, risk is mis-identification of seismic events

Source & maturation 60% Access to multiple potential horizons above and within section by

thickness/quality unknown

Trap & seal 80% Eumerallia drape over structure is positive, fault history is risk old structures in place through important burial events, pathways unclear at this stage

Timing & migration 75%

Overall chance of success 14% Source modeling high grades oil chance. Total risked oil resource: 92 MMbbl

Prospect Area (km2) STOOIP/GIP Rec.MMbbl/BCF Pretty Hill Fm 1 oil case 119 1,177 412 gas case 119 2,004 1,002 Pretty Hill Fm 2 oil case 75 695 243 gas case 75 1,184 592

Parameters N:G 10m net Porosity 24% Saturation 65% Shrinkage 89% Recovery 60% Units cu m>bbl 6.3 Units cu m> Cu ft 35.3

Parameters Oil case Gas case N:G 15% 15% Porosity 14% 14% Saturation 60% 70% Shrinkage 1.3 200 Units cu m>bbl 6.29 Units cu m> Cu ft 35.3 Recovery 50% 50%

Boonah/EVCM Area (km2) STOOIP Rec. COS VF P14 closure 2 14.9 130.1 65.1 9% VF P14 closure 3 24.6 210.5 105.2 17% VF P14 closure 6 15.5 135.3 67.6 9%

Risked

resource Top 3 total 475.8 237.9 24.5MMbbl

Primary target is Early Cretaceous Pretty Hill Formation due to size and age of structure identified, and (potential) volumes of mature source rock accessible

Good closure size

30



III. New Zealand 16

IV. America 21

V. Australia 26

VI. India 30


VIII. Appendix 36

Interlink Petroleum’s key concessions (1) - Baola

31

Proven partially developed deposit

Production Sharing Contract (“PSC”) signed in April 1995

Mining lease granted in March 2004

Gas supply from Boala 1 at 1,200m3/d between June 2011 to June 2004

- Supply was disrupted due to water ingress

3D seismic survey done of entire block in 2009

Well Boala 8 drilled in August 2010 and resulted in discovery

Ahmedabad

Baroda

Boala Boala

Year of discovery 1971

Discovery well Boala 1

Area 4km2

Depth of top reservoir 880mts

Wells Boala 1, 5 & 8

Baola 1 tested gas 36,225m3/d (6mm bean)

Baola 5 tested gas 32,130m3/d (6mm bean)

Duration of PSC 25 years (2020)


Interlink Petroleum’s key concessions (1) – Baola (II)

32

Baola 8 spudded 27 August 2010

Drilled to a depth of 1,009 meters

Several hydrocarbon bearing sections were identified through, mud log and electric-line log evaluation

Preliminary testing of the interval 909-911 meters yielded heavy oil that flowed to surface under natural flow

Initial estimates indicate the gross pay to be 23.5 meters with a net pay of 9 meters

Internal Seismic model oil pool to be in the range of 4-9 million bbls of oil in place

Preliminary analysis indicate that the specific gravity of the oil is approximately 12⁰ API

Reservoir engineering on-going

Oil Gas

909 – 911m – OS I 906 – 909m

913 – 918m – OS II

923 – 928m – OS III


Interlink Petroleum’s key concessions (2) - Modhera, Gujarat

33

Highly viscous oil shows at 964 – 972mts while testing

PSC signed in February 2001

Mining lease granted in November 2008

Oil supply agreement with Indian Oil

Drilling completed with oil shows

Modhera, Gujarat

Year of discovery 1982

Discovery well Modhera 1

Area 12.7km2

Depth of top reservoir 898mts

Wells Modhera 1

Effective date of mining lease 6 November 2008

Duration of PSC 25 years (2033)

2D Seismic 1976 – 1986

Ahmedabad

Modhera


34



III. New Zealand 16

IV. America 21

V. Australia 26

VI. India 30


VIII. Appendix 36

Rex Oil & Gas Ltd.

35 Source: Loyz Energy Limited , Rex Oil & Gas Ltd.

The founders of Rex Oil & Gas Ltd., Hans Lidgren M.sc., CV Karllidgren, PhD, and Svein Kjellesvik, pioneered the use of satellite altimeter surveys to detect potential hydrocarbon reservoirs in the beginning of the 1980’s. The Rex team has experience from all phases of the exploration process, different geological contexts and legislative environments

The founders set out to create an exploration methodology based on proprietary data handling and analysis systems. These technologies would also be supported by a superior management team with worldwide expertise and knowledge

Loyz has signed a cooperation agreement with Rex for proprietary use of its technology for the Asia-Pacific Region

Together with Rex, Loyz will identify 35 prospects in the region

Both companies, through the use of experienced know how and new niche technologies will further study, shortlist and develop 15 opportunities of which the technology must show a minimum of 50m barrels in place

Loyz has access to Rex’s technology for the Asia-Pacific region

Rex Gravity© Ultra sensitive gravity field computation based on satellite altimetry and bathymetry Law of Gravity & physics widely used

Seeps & Slicks©

Analysis based on satellite infra-red measurements Natural seepage leakage on average 4.3m barrels/year 60 times greater than the leakage from exploration and production

− 63% natural seepage − 32% consumers − 4% oil tankers − 1% oil platforms

Virtual Drilling© Identification of low resonance effects on conventional seismic data Advanced seismic resonance evaluation

Background

36



III. New Zealand 16

IV. America 21

V. Australia 26

VI. India 30


VIII. Appendix 36

Turnkey drilling arrangement in the US

37

100%

Loyz USA Holdings LLC (Holding Company)

Loyz USA (Oil Interest)

Loyz Rex Drilling Services LLC

Turn-key drilling services income

US Operating Company

(North Dakota and Colorado) Drilling & well

completion services

US leases

Loyz Australia

100%


51%

Oil & gas reserves - definitions

38

90% 50% 10%

Project Maturity Sub-Classes

On Production

Approved for Development

Justified for Development

Development Pending

Development Unclarified/On Hold

Development not Viable

Prospect

Lead

Play

< In

crea

sing

Cha

nce

of C

omm

erci

ality

>

ProbabilityC

omm

eric

alS

ub-

Com

mer

cialD

isco

vere

d P

IP

Und

isco

vere

d P

IP

Tota

l Pet

role

um in

itial

ly-in

-pla

ce (P

IP)

ProductionReserves

Contingent resources

UnrecoverableProspective resources

Unrecoverable

Proven Probable Possible

1P 2P 3P

1C 2C 3C

Low Estimate

Best Estimate

High Estimate

Contingent Resources: Potentially recoverable from known accumulations, but cannot be commercially developed due to one or more contingencies Definition of reserves: Reserves are those quantities of petroleum claimed to be commercially recoverable by application of development projects to known accumulations under defined conditions. Reserves must satisfy four criteria. They must be (1) discovered through one or more exploratory wells, (2) recoverable using existing technology, (3) commercially viable and (4) remaining in the ground Categorization of reserves: − Proven: 90% probability of recovery under

existing economic and political conditions, with existing technology

− Probable: 50% probability of recovery − Possible: 10% probability of recovery − 1P = Proven − 2P = Proven & Probable − 3P = Proven, Probable & Possible

Source: Competent Person’s report by Gaffney, Cline and Associates in June 2011

Important notice

39

This document is for informational purposes only and does not constitute an offer to sell or issue or the solicitation of an offer to buy or acquire securities of the Company and is not to form the basis of or be relied on in connection with any contract or any other purpose. This document is not a prospectus under the Securities and Futures Act (Chapter 289 of Singapore) (the “SFA”) and will not be registered as a prospectus by the Monetary Authority of Singapore (the “MAS”).

The information in this document does not contain all relevant information relating to the Company or its securities, particularly with respect to the risks and special considerations involved with an investment in the securities of the Company. Any decision to invest in the securities of the Company should be made only after conducting such investigations as you deem necessary or appropriate and consulting your own legal, accounting, tax and other advisors in order to make an independent determination of the suitability, merits and consequences of investment in the Company described herein.

This presentation contains statements that constitute forward-looking statements. These statements include descriptions regarding the intent, belief or current expectations of the Company or its officers with respect to the consolidated results of operations and financial condition, and future events and plans, business, strategy and market opportunities of the Company. These statements can be recognised by the use of words such as “forecast”, “expects”, “plans”, “will”, “estimates”, “projects”, “projections”, “intends”, or words of similar meaning. However, you should note that these words are not the exclusive means of identifying such forward-looking statements.

These forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may be materially different from those in the forward-looking statements as a result of various factors and assumptions. Such statements are based on the assumptions of the Company as stated in this presentation, and are only assumptions made as at the date of this presentation. You are cautioned not to rely on these forward-looking statements, which are based on the current view of the management of the Company on future events, without conducting your own and independent research. No assurance can be given that assumptions are correct or that future events will occur.

The Company does not undertake to and disclaims all responsibility to, update or revise the statements herein after the date of this presentation to reflect subsequent or future events or circumstances, including any change in the Company’s expectations.

Any sources that the Company has cited (apart from itself), namely Gaffney, Cline, and Associates, Fram Exploration ASA, Schlumberger, Trident Energy, Roxar, Bloomberg, the US Energy Information Administration, PIRA Energy, the International Energy Agency, Sparebank 1 Markets, Geoscience Australia, and Origin Energy Resources, has not consented to the inclusion of the information provide from such sources. While the Company has taken reasonable care and due diligence to ensure that statements from the sources, namely namely Gaffney, Cline, and Associates, Fram Exploration ASA, Schlumberger, Trident Energy, Roxar, Bloomberg, the US Energy Information Administration, PIRA Energy, the International Energy Agency, Sparebank 1 Markets, Geoscience Australia, and Origin Energy Resources, have been reproduced in their proper form and context, and that such statements have been extracted accurately and fairly from the report, none of the Company, or their respective officers, agents, employees and advisers have conducted an independent review of the content or independently verified the accuracy thereof.

Contact information

40

Company address: Contact 15 Hoe Chiang Road

#19-01 Tower Fifteen

Singapore 089316

Tel : +65 6521 9048

Fax : +65 6225 4945

[email protected]

Investors and media:

Oaktree Advisers

Ms. Nora Cheng - +65 9634 7450

[email protected]

Ms. Carol Chong - +65 9475 3167

[email protected]

Website: www.loyzenergy.com

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