Exploring Africa
    TSX-V: WEB
2



Forward 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



The Next Frontier

                    BRIDGING
                    +13 BILLION BARRELS*
                    OF OIL RESERVES FROM BRAZIL TO
                    NAMIBIA, WEST AFRICA




*OPEC, 2011
4



Why Westbridge?

 !  The Next Oil Frontier

 !  Regional Catalysts

 !  Majors Present

 !  Under-explored Assets

 !  Proven Management

 !  Attractive Capital Structure


                                   Picture: Oil Platform Offshore Angola
5



Country Details - Namibia
 Stable democracy
                                       Angola
 Resource economy

 Low corruption
                                Namibia

 BBB Risk Rating                       Windhoek
                        Walvis Bay                   Botswana

 2.1 million people

 GDP US$13.6 (2008)
                            Luderitz
                                                  South Africa
 5% royalty + 30% tax
6



Offshore Namibia




    1811B
7



Regional 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



Block 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



Opportunity 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



Water Depth
11



Stratigraphic 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



Source 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



Seismic Data Accumulation

                            20 new 2D lines shot
                            •  Red lines on map
                            •  Currently processing
                            •  New data available
                               later this year

                            11 historic 2D lines shot
Block 1811B
                            •  Black lines on map
                            •  Being reinterpreted
                            •  Reinterpretation
                               available later this
                               year
14



Work Program



 • Acquire, review,
   reprocess and              2013               • Acquire, Process
   interpretation all                              & Interpret 2,000
   available                                       km2 of 3D seismic
   geological and                                  surveys
                        • Acquire, Process
   geophysical data                              • Drill first well
                          & Interpret 500 km
                          of 2-D seismic
                          survey
                        • Open data to
        2012              source farm-in             2014-2015
                          partner


                                       * Minimum USD $5MM
                                       spend over 4 year period
15



Brazilian 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



Angolan Analog
Girassol 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
                                                    Angola
Cobalt 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



Brazilian 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



Upcoming 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



Government 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



Management Team / Advisors

  Cody Lee, President & CEO
  Nationally recognized expert in the oil and gas industry.
  President of Albuquerque Petroleum Association. Listed as
                                                                   Oil'and'Gas'
  a 40 Under Forty honoree by the New Mexico Business Weekly.

  Tosan Omatsola, Advisor                                          Management'
  Mr. Tosan Omatsola is an exploration and development
  Geoscientist with over 15 years’ experience in the oil and gas
  industry. He has a broad and extensive international technical
  background from his experiences with British Petroleum – BP,     Engineering'
  Texaco and United Oil and Gas.

  Bradley Knickel, Advisor
  +31 years experience engineering, finance, acquisitions,           Finance'
  and international prospect development in oil and gas.


                                                                     Business'
                                                                   Development'
21



Board of Directors
     Mark Frewin, Chariman
     Partner at McCarthy Tétrault in London.
     Practice focused on energy and mining with extensive
     experience working in Africa. Previously Independent Director
     of UNX Energy. Lead counsel to Heritage Oil and Gas.                  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

     Kevin Everingham, Advisor
     Previously Managing Director in BMO Capital Markets’
     Global Energy Group . Lead banker on UNX/HRT transaction.
     Graduate of Harvard Business School.
18
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



Investment 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



Contact 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
Westbridge ppt-2012-08-30

Westbridge ppt-2012-08-30

  • 1.
  • 2.
    2 Forward 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 The Next Frontier BRIDGING +13 BILLION BARRELS* OF OIL RESERVES FROM BRAZIL TO NAMIBIA, WEST AFRICA *OPEC, 2011
  • 4.
    4 Why Westbridge? ! The Next Oil Frontier !  Regional Catalysts !  Majors Present !  Under-explored Assets !  Proven Management !  Attractive Capital Structure Picture: Oil Platform Offshore Angola
  • 5.
    5 Country Details -Namibia Stable democracy Angola Resource economy Low corruption Namibia BBB Risk Rating Windhoek Walvis Bay Botswana 2.1 million people GDP US$13.6 (2008) Luderitz South Africa 5% royalty + 30% tax
  • 6.
  • 7.
    7 Regional 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 Block 1811B Acquisitioncompleted 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 Opportunity Scale ThunderHorse •  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.
  • 11.
    11 Stratigraphic 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 Source 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 Seismic Data Accumulation 20 new 2D lines shot •  Red lines on map •  Currently processing •  New data available later this year 11 historic 2D lines shot Block 1811B •  Black lines on map •  Being reinterpreted •  Reinterpretation available later this year
  • 14.
    14 Work Program • Acquire,review, reprocess and 2013 • Acquire, Process interpretation all & Interpret 2,000 available km2 of 3D seismic geological and surveys • Acquire, Process geophysical data • Drill first well & Interpret 500 km 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 Brazilian and AngolanAnalogs 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 Angolan Analog Girassol OilField 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 Angola Cobalt 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 Brazilian Analog TupiOil 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 Upcoming 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 Government 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 Management Team /Advisors Cody Lee, President & CEO Nationally recognized expert in the oil and gas industry. President of Albuquerque Petroleum Association. Listed as Oil'and'Gas' a 40 Under Forty honoree by the New Mexico Business Weekly. Tosan Omatsola, Advisor Management' Mr. Tosan Omatsola is an exploration and development Geoscientist with over 15 years’ experience in the oil and gas industry. He has a broad and extensive international technical background from his experiences with British Petroleum – BP, Engineering' Texaco and United Oil and Gas. Bradley Knickel, Advisor +31 years experience engineering, finance, acquisitions, Finance' and international prospect development in oil and gas. Business' Development'
  • 21.
    21 Board of Directors Mark Frewin, Chariman Partner at McCarthy Tétrault in London. Practice focused on energy and mining with extensive experience working in Africa. Previously Independent Director of UNX Energy. Lead counsel to Heritage Oil and Gas. 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 Kevin Everingham, Advisor Previously Managing Director in BMO Capital Markets’ Global Energy Group . Lead banker on UNX/HRT transaction. Graduate of Harvard Business School. 18
  • 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 Investment 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 Contact Information CorporateOffice: Suite 530-625 Howe Street Vancouver, British Columbia Canada V6C 2T6 www.westbridgeweb.com Investor Contact: Cody Lee, President +1 (505) 850 2930