Corporate Presentation 06.2016 Contents Glossary 1. CEOs Comments - PowerPoint PPT Presentation

Corporate Presentation 06.2016

Contents Glossary 1. CEO’s Comments ……………………………………… ....3 2. Elevator Pitch: why invest in Activa Resources? 1P – Proven oil and natural gas reserves ............4 2P – Proven and probable oil and natural 3. Review of 2014 .. ………………………… .......................5 gas reserves 4. General Information ... … ... ……………………………… ..6 3P – Proven, probable and possible oil and 5. Projects .. …………………………… ............................ … 9 natural gas reserves 6. Facts and Figures ...... …… .. ……………… .. … .............16 BOE – Barrels of oil equivalent § Financial data ... …………………………… .. … 17 BCF – Billion cubic feet § Share Information .. ………………… ...............18 Contact Head Office Investor Relations Activa Resources AG GFEI Aktiengesellschaft Hessenring 107 Office Center Plaza 61348 Bad Homburg Mailänder Str. 2 www.activaresources.com 30539 Hannover www.gfei.de Telephone: +49 (0) 511 – 474 023 10 Telephone: +49 (0) 6172 – 483 23 52 Fax: +49 (0) 511 – 474 023 19 Fax: +49 (0) 6172 – 483 23 53 E-mail: activa-resources@gfei.de E-mail: lah@activaresources.com Disclaimer This document includes forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning estimates of expected drilling and development wells and associated costs, statements relating to estimates of, and increases in, production, cash flows and values and other statements which are not historical facts. When used in this document, the words such as "could," "plan," "estimate," "expect," "intend," "may," "potential," "should," and similar expressions are forward-looking statements. Although Activa believes that its expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements include the potential that the Company’s projects will experience technological and mechanical problems, that geological conditions in the reservoir may not result in commercial levels of oil and gas production, that changes in product prices can have a material impact and that Activa fails to raise sufficient capital to adequately fund its activities. 2

1. CEO’s Comments § Welcome and thank you for your interest in Activa Resources AG. The primary aim of this presentation is to assist you in understanding our business model and to provide an update on the activities of the company with particular insights into our strategy to steer the company successfully through the challenging environment of dramatically lower oil prices. § Our business plan continues to be focused on developing our main asset OSR-Halliday in East Texas and simultaneously developing low-risk/high-potential projects such as Halls Bayou and Pill Branch. § Like all companies in our industry, we are currently working through an oil price trough. Thanks to Leigh A. Hooper CEO, Activa Resources AG 5 % higher production, comprehensive cost-cutting and hedging income, Activa remained EBITDA- positive in 2015. A group net loss was, however, as a result of depreciation expenses, unavoidable. § In 2015 we reduced our field operating expenses by 26 % in USD terms and therefore by 30 % to USD 14.3 per BOE. Other operating expenses in the US subsidiary company were reduced by 16 % in local currency terms. Other operating expenses at the parent company were reduced by 31 %. § Weak pricing and continued pricing uncertainty over the next 24 months significantly curtails Management’s ability to make corporate forecasts. In addition, the bi-annual redetermination of our credit facility with Texas Capital Bank is due shortly. We expect our line of credit to be reduced by USD 5-6 million within a timeframe which is still to be negotiated. § We are currently in refinancing discussions with capital providers in order to strengthen the company’s equity and debt position and improve the company’s debt-equity ratio. Correspondingly, we are attempting to raise significant new equity via a capital increase at EUR 1 per share. A significant preliminary share subscription agreement has already been signed with a new investor group. § Activa’s management has a proven track record when it comes to steering the company through cyclical downturns and is committed to ensuring that the company can recover rapidly when the overall pricing and market environment improves. We do not expect this to happen, however, until 2017. 3

2. Elevator Pitch: Why invest in Activa Resources? Activa in short § Activa Resources AG is an independent producer of oil and natural gas focused on the development of on-shore oil and natural gas projects in North America § Strategic and diversified portfolio investment approach § Run by a highly experienced management and team of geologists and petroleum engineers § Portfolio of “conventional” (no shale) producing oil and natural gas assets – mainly in Texas § Main asset OSR-Halliday is located in the sweet-spot of the well-known and prolific Woodbine Trend in East Texas § Net proven oil and natural gas reserves of 6.52 million BOE (Jan. 2016; - 2% y-o-y) § Substantial opportunity to organically grow reserves and production with existing assets § 2015 oil and natural gas production + 5% to 106,089 BOE / Positive group EBITDA of EUR 0.92 m § 2016 oil production is 60% hedged at USD 67.5 per barrel § Implement refinancing measures to allow Activa to survive the current pricing environment Current and return to growth Strategy § Partial refunding of Texas Capital Bank credit facility 4

3. General Review of FY 2015 § 5 % increase in oil and natural gas production to 106,089 BOE Oil production accounts for approx. two-thirds thereof § 20 % decrease in revenues (incl. hedging income) to EUR 4.36 million Hedging generates USD 1.04 million thereof* § Group EBITDA remains positive at EUR 0.92 million Due to significant hedging at USD 80 and production costs of USD 14.3 per BOE § Group net loss of EUR 2.72 million Primarily attributable to depreciation expenses totalling EUR 2.82 million § 2 % decrease in 1P oil and natural gas reserves to 6.52 million BOE Oil price collapse drives PV1O value down 54 % to USD 49 million § EUR 2.2 million combined new equity and debt raised in 2015 Minimal reduction in bank credit facility at year-end to USD 15 million *Hedging detail § Hedging primarily through Puts (previously exclusively collars) § 2015: 50 % hedged at USD 80 as Feb.-May and July-Sept. another 50 % at USD 45; effectively 100% hedged at USD 62.5 per barrel § 2015 hedging yield: USD 1.04 million § 2016 approximately 60 % hedged at USD 67.5 per barrel § 2016 expected hedging yield: approximately USD 1 million 5

4. General Information Drilling activity 2006-2014 6

4. Group Structure and Management Information about Activa Resources group § Established producer of oil and natural gas in North America Activa Resources AG § Operations in San Antonio, Texas (Holding company) § Listed on Frankfurt Stock Exchange (Entry Standard) Head Office: § Management are significant shareholders Bad Homburg, Germany § Employees: 7 (excl. field staff) Management § Leigh A. Hooper, Activa Resources AG 100 % § 14 years oil industry and 16 years investment banking experience § John W. Hayes, President, Activa Resources, LLC § 28 years oil industry experience at well Activa Resources, LLC known and reputable industry players (Exploration and production company) Key employees § Douglas Coyle – Vice President and Exploration Manager San Antonio,Texas, USA § John Bockelman – Geologist Supervisory Board (Non-executive directors) § Walter Blumenthal (Chairman), Bad Homburg, Germany Oil and Natural Gas Interests § Axel Vedder (Deputy Chairman), Bad Homburg, Germany § Johannes Zwick, Charlotte, North Carolina 7

4. The US oil market § After several years of Renaissance, North America's oil and gas industry now has to adapt to a dramatically lower oil prices § The number of rigs has fallen significantly, oil production rates in the United States are now falling significantly § US oil prices rose significantly in H1 2016, but remain low at approx. USD 50 per barrel (WTI) US Rig Count, May 2016 Worldwide Rotary Rig Count, April 2016 USA 437 30.7 % of all rigs are 1.800 1,800 in operation in the US. Latin America 203 The rig count and Canada 41 North America’s Middle East percentage thereof will 384 900 continue to drop. Asia Pacific 179 318 Europe 90 85 Africa 90 0 World 1,424 1987 1992 1997 2002 2007 2012 Oil Gas Source: Baker Hughes 8

5. Activa’s Projects Drilling activity at OSR-Halliday 2008-2014 9