Exploring Africa    TSX-V: WEB
2Forward Looking Statements This presentation contains forward-looking statements and factual information that are current...
3The Next Frontier                    BRIDGING                    +13 BILLION BARRELS*                    OF OIL RESERVES ...
4Why Westbridge?  The Next Oil Frontier  Regional Catalysts  Majors Present  Under-explored Assets  Proven Management...
5Country Details - Namibia Stable democracy                                       Angola Resource economy Low corruption  ...
6Offshore Namibia    1811B
7Regional Activity   Energulf Resources Block 1711A/B   2.75BBL best estimate   Drilling planned end of 2012   Chariot Oil...
8Block 1811B Acquisition completed July 3, 2012                             WESTBRIDGE Namibe Basin, Northern Namibia 1,44...
9Opportunity Scale Thunder Horse • Gulf of Mexico • 34,595 acres • +1 billion barrels • 260,000 boepd        42x • 200 mcf...
10Water Depth
11Stratigraphic Chart                                               LEGEND                      Petroleum Geology         ...
12Source Rock Turonian - Cenomanian shales probable source rock Organic-rich oil shales encountered in DSDP well 530,     ...
13Seismic Data Accumulation                            20 new 2D lines shot                            • Red lines on map ...
14Work Program • Acquire, review,   reprocess and              2013               • Acquire, Process   interpretation all ...
15Brazilian and Angolan Analogs   Oil shows in all wells drilled   offshore Namibia                                  Afric...
16Angolan AnalogGirassol Oil Field in the Gulf of Guinea• Discovered in 1996                                              ...
17Brazilian Analog Tupi Oil Field in the Santos Basin • Discovered in 2006 • Estimated to contain 5 billion     Brazil    ...
18Upcoming Catalysts  8-12 wells drilled in the next year: 1) Q3 & Q4 2012 – 4-6 Offshore   Wells planned (Chariot/BP/Pet...
19Government Partner - NAMCOR National Petroleum Corporation of Namibia Namibian Government 100% Shareholder Promote hydro...
20Management Team / Advisors  Cody Lee, President  Nationally recognized expert in the oil and gas industry.       Oil and...
21Board of Directors     Neal Iverson, Independent Chairman     +20 years of board experience with companies in oil and mi...
22 Share Structure     Symbol                       TSXV:WEB     Share Price*                 $0.325     Basic Shares (mm)...
23Investment Summary • “Tailwind” of Namibia Energy Success • Westbridge Energy    – Pedigree in energy    – Properly stru...
24Contact Information Corporate Office:        Suite 530-625 Howe Street        Vancouver, British Columbia        Canada ...
Westbridge Energy Presentation July 2012
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Westbridge Energy Presentation July 2012

  1. 1. Exploring Africa TSX-V: WEB
  2. 2. 2Forward Looking Statements This presentation contains forward-looking statements and factual information that are current as of the date the presentation was originally delivered. When used in this presentation, words such as “may”, “would”, “could”, “will”, “expect”, “anticipate”, “estimate”, “believe”, “contemplate”, “intend”, “budget” “plan” and other similar expressions are intended to identify forward-looking statements. Forward-looking statements include, but are not limited to, statements with respect to the timing and amount of estimated future exploration, success of exploration activities, expenditures, permitting, and requirements for additional capital and access to data. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of Westbridge Energy Inc. (the “Company”) to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, risks related to actual results of current exploration activities; changes in project parameters as plans continue to be refined; the ability to enter into joint ventures or to acquire or dispose of properties; future prices of oil and gas; fluctuations in currency markets; operating or technical difficulties in relation to the speculative nature of oil exploration; accidents, employee relations (including labour disputes) and other risks of the resource industry; ability to obtain financing; changes in costs and estimates associated with the Company’s projects; legislative, political or economic developments in the jurisdictions in which the Company carries on business; requirements for additional capital; and regulatory restrictions including delays in obtaining governmental approvals. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward- looking statements, there may be other factors that cause results not to be as anticipated, estimated or expected. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise except as required by applicable law.
  3. 3. 3The Next Frontier BRIDGING +13 BILLION BARRELS* OF OIL RESERVES FROM BRAZIL TO NAMIBIA, WEST AFRICA*OPEC, 2011
  4. 4. 4Why Westbridge?  The Next Oil Frontier  Regional Catalysts  Majors Present  Under-explored Assets  Proven Management  Attractive Capital Structure Picture: Oil Platform Offshore Angola
  5. 5. 5Country Details - Namibia Stable democracy Angola Resource economy Low corruption Namibia BBB Risk Rating Walvis Bay Windhoek Botswana 2.1 million people GDP US$13.6 (2008) Luderitz 5% royalty + 30% tax
  6. 6. 6Offshore Namibia 1811B
  7. 7. 7Regional Activity Energulf Resources Block 1711A/B 2.75BBL best estimate Drilling planned end of 2012 Chariot Oil & Gas Block 1811A Tapir prospect, drilled 2012 Directly north of WEB Tower/ Arcadia Block 2011A Drilling Delta prospect, Second Half 2012 HRT Blocks Four wells planned, 2012 Chariot/Petrobras Block 2412A, 2312A/B Four-five wells planned, 2012-2013 Chariot Oil & Gas / Petrobras / BP Block 2714A Drilling Nimrod prospect, Second Half 2012 Kudu Gas Field 1.3 TCF Proven Gas Reserves Plans for commercialization
  8. 8. 8Block 1811B Acquisition completed July 3, 2012 WESTBRIDGE Namibe Basin, Northern Namibia 1,446,555 acres Directly on seismic trend Age equivalent to sub-salt discoveries in Kwanza basin, offshore Angola 80% Working Interest Source: NAMCOR, Aeromag Survey offshore Namibia
  9. 9. 9Opportunity Scale Thunder Horse • Gulf of Mexico • 34,595 acres • +1 billion barrels • 260,000 boepd 42x • 200 mcfpd WESTBRIDGE 1811B • BP and Exxon 1,446,555 acres
  10. 10. 10Water Depth
  11. 11. 11Stratigraphic Chart LEGEND Petroleum Geology Tectonic Events gas shows (RSA Orange Basin) rift faulting Kudu with liquid component exensional faulting oil show/recovery (AJ-1, RSA) gravity faulting Source Rock Interval
  12. 12. 12Source Rock Turonian - Cenomanian shales probable source rock Organic-rich oil shales encountered in DSDP well 530, DSDP well 530 Walvis Ridge Maturity and stratigraphy analogous to West African basins (Kwanza and Congo Basins in Angola & Orange Basin in RSA)
  13. 13. 13Seismic Data Accumulation 20 new 2D lines shot • Red lines on map • Currently processing • New data available later this year 11 historic 2D lines shot • Black lines on mapBlock 1811B • Being reinterpreted • Reinterpretation available later this year
  14. 14. 14Work Program • Acquire, review, reprocess and 2013 • Acquire, Process interpretation all & Interpret 2,000 available km2 of 3D seismic geological and • Acquire, Process surveys geophysical data & Interpret 500 km • Drill first well of 2-D seismic survey • Open data to 2012 source farm-in 2014-2015 partner * Minimum USD $5MM spend over 4 year period
  15. 15. 15Brazilian and Angolan Analogs Oil shows in all wells drilled offshore Namibia Africa Identical age and rock type to offshore Angola South America Brazilian Reserves: 13 BLN Angola Angolan Reserves: 15 BLN Namibia*OPEC, 2011
  16. 16. 16Angolan AnalogGirassol Oil Field in the Gulf of Guinea• Discovered in 1996 Cobalt Discovery• 4,600 ft of water depth• 2003 peek production at 240,000 boepd• Since Girassol +70 oil fields discovered• 3 Super Majors present AngolaCobalt International Discovery (AMEX: CIE)• Pre-salt discovery released Feb 9, 2012• 1,180 ft gross oil column (885 ft net pay) Namibia• Drill Stem Test flowed 7,400 boepd (5010 bpd oil and 14.3 mcfpd gas)• 44 degree API crude• Well cost of USD $36.3 million• ~ $9 to $35 share price on announcement of discovery
  17. 17. 17Brazilian Analog Tupi Oil Field in the Santos Basin • Discovered in 2006 • Estimated to contain 5 billion Brazil barrels recoverable oil • 30 degree API crude • 6,600 ft of water depth • First production in May 2009 Tupi Jupiter Jupiter Field in the Santos Basin • Discovered in January 2008 • Huge gas and condensate field • Could equal size of Tupi Field • 23 miles east of Tupi
  18. 18. 18Upcoming Catalysts  8-12 wells drilled in the next year: 1) Q3 & Q4 2012 – 4-6 Offshore Wells planned (Chariot/BP/Petrobras, Energulf, Tower/Arcadia, Chariot/Petrobras); and 2) Q1 & Q2 2013 – 4-6 wells planned (Chariot/Petrobras, HRT)  Acquisition of additional assets, farm outs and joint ventures  Acquisition of 2D and 3D seismic  Regional drilling and discoveries (Namibia, Angola, Brazil & Falkland Islands)  Additions to management, board and technical team  Namibia International Oil & Gas Conference hosted by BP, 6-7 September, 2012 in Windhoek
  19. 19. 19Government Partner - NAMCOR National Petroleum Corporation of Namibia Namibian Government 100% Shareholder Promote hydrocarbon potential of Namibia Namibian participation in discoveries Advisor to Ministry of Mines and Energy
  20. 20. 20Management Team / Advisors Cody Lee, President Nationally recognized expert in the oil and gas industry. Oil and Gas President of Albuquerque Petroleum Association. Listed as a 40 Under Forty honoree by the New Mexico Business Weekly. Kevin Everingham, Advisor Management Previously Managing Director in BMO Capital Markets’ Global Energy Group . Lead banker on UNX/HRT transaction. Graduate of Harvard Business School. Engineering Bradley Knickel, Advisor +31 years experience engineering, finance, acquisitions, and international prospect development in oil and gas. Finance Mark Frewin, Advisor Business Partner at McCarthy Tétrault in London. Practice focused on energy and mining with extensive Development experience working in Africa. Previously Independent Director of UNX Energy. Lead counsel to Heritage Oil and Gas.
  21. 21. 21Board of Directors Neal Iverson, Independent Chairman +20 years of board experience with companies in oil and mining. CEO of Chandler Properties Ltd, a privately held property and investment Company providing independent advisory services to private and public companies. Oil & Gas Peter Henry, Independent Director +11 years experience in the investment and energy businesses with FirstEnergy Capital and Canaccord Capital. Currently, he is a consultant to public and private oil and gas companies and a Experienced director of Shoreline Energy. Paul Larkin, Independent Director +37 years of experience in corporate finance and capital markets. CEO and President of Tyner Resources Ltd., and a director and audit committee member of LNG Energy Ltd., Independent U.S. Geothermal Inc. and Condor Resources Inc Martin Cotter, Director +30 years of board and management positions with public companies in Canada and the US.18
  22. 22. 22 Share Structure Symbol TSXV:WEB Share Price* $0.325 Basic Shares (mm) 78.5 Warrants (mm) 28.3 Options (mm) 2.3 FD Shares (mm) 109.1 Market Capitalization (mm) $25.5 Cash Basic (mm) $2.9 Cash Fully Diluted (mm) $9.3* Close on July 6, 2012
  23. 23. 23Investment Summary • “Tailwind” of Namibia Energy Success • Westbridge Energy – Pedigree in energy – Properly structured • Management – Value Creators – Operational deal makers • Capital Availability – Tested model – Successful track record – Area of Interest
  24. 24. 24Contact Information Corporate Office: Suite 530-625 Howe Street Vancouver, British Columbia Canada V6C 2T6 www.westbridgeweb.com Investor Contact: Cody Lee, President +1 (505) 850 2930

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