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MI Energy Presents an Oil & Gas Investment located in the central United States

MI Energy Presents an Oil & Gas Investment located in the central United States. We Are in a Boom. Project Offering Production. Why Purchase Production Immediate Cash Flow Very Liquid Criteria for Production Properties Have Produced for at Least Two Years

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MI Energy Presents an Oil & Gas Investment located in the central United States

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  1. MI Energy PresentsanOil & Gas Investmentlocated in the centralUnited States MI Energy

  2. We Are in a Boom MI Energy

  3. Project OfferingProduction • Why Purchase Production • Immediate Cash Flow • Very Liquid • Criteria for Production Properties • Have Produced for at Least Two Years • Yield at Least 15 -20% Annually • Managed by a Creditable Operator (Chesapeake, Devon, etc.) MI Energy

  4. Project OfferingProduction Opportunity • Three Opportunities: • Eastern Oklahoma Gas Project $3,000,000 • Current Cash flow @ $2.55/mcf $547,000 p.a. • Current Yield 18% • Eastern Oklahoma Oil Project $1,500,000 • Current Cash flow @ $85/BBL, $315,000 p.a. • Current Yield 21% • East Texas Oil Project $1,000,000 • Current Cash flow @ $85/BBL $385,000 p.a. • Current Yield 38.5% MI Energy

  5. Project Offering (Cont’d)Production Summary • Total Acquisition Price $5,500,000 • Projected Cash Flow Yr1 $1,247,000 • Projected Yield 22.6% p.a. MI Energy

  6. Project OfferingEast Texas Rework Opportunity • Why Purchase Rework Properties • Current Cash Flow • Very Liquid • Upside Opportunity • Criteria for Rework Properties • Have Some Current Production • Cash Flow Can be Increased by at Least 3X • Have Historically Produced at a Rate of 10+ BBLS/Day • Potential Yield at Least 20% Annually • Opportunity to Sell at 2X or Greater MI Energy

  7. Project OfferingEast Texas Rework Opportunity • Project Specifics • Purchase Price $1,500,000 • Investor Participation 33% • Current Production < 5 BBLS/Day • Previously Produced 50+ BBLS/Day • Projected Production 33+ BBLS/Day • Projected Cash Flow p.a. $1,023,825 • Projected Investor Cash Flow $337,862 • Projected Yield p.a. 22.5% Pro forma Base Price $85.00/Barrel of Oil MI Energy

  8. Financial Summary Production + Re-Worked Wells • Financials: • Purchase Price $7,000,000 • E.Texas Re-Worked $1,500,00 • Production Acquisition $5,500,00 • Projected Cash Flow (Yr 1) $1,584,862 • E.TexasRe-Worked $ 337,862 • Production Acquisition $1,247,000 • Projected Yield p.a. 22.6% • E.Texas Re-Worked 22.5% • Production Acquisition 22.6% * Pro forma Base Price - $85.00/Barrel of Oil MI Energy

  9. Disclaimer MI Energy

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