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Macquarie Tristone» Current mandates» NiMin Energy Corp.

Current mandates

NiMin Energy Corp.

Please note that the bid deadline for NiMin’s 2012 Wyoming and California Asset Divestiture has been moved to March 19th, 2012 at Noon CST.

NiMin Energy Corp. (“NiMin” or the “Company”) is offering two asset packages for sale (the “Packages”): the Wyoming Package (four fields) located in the Big Horn Basin, WY and the California Package (Pleito Creek Field) located in Kern County, CA. Macquarie Tristone has been retained to provide financial advisory services for this transaction. Offering materials will include a reserve report on the properties prepared by Huddleston & Co. (“Huddleston”) along with extensive supporting commercial and technical information.

Offering includes daily net production of 773 BOPD from 46 wells in 5 NiMin-operated fields, with total net 2P reserves exceeding 23 MMBOE
NiMin’s 8.7% interest in the Fourbear pipeline in Wyoming is included
Average working and net revenue interests are 96% and 79% in Wyoming and 100% and 78% in California
Primary producing reservoirs are the Tensleep, Phosphoria and Dinwoody in Wyoming and the Santa Margarita in Pleito Creek
Field producing depths in Wyoming average less than 4,500’; the primary pay in Pleito Creek Field (Santa Margarita) produces down to 4,600’
Individual well EURs can exceed 1,200,000 BO in Wyoming and 330,000 BO at Pleito Creek
Peak net production is expected to reach 2,600 BOPD in Wyoming and 1,300 BOPD in California
Both Packages contain substantial upside potential with infill drilling and enhanced recovery techniques
- Analogous field waterfloods in Wyoming show total field oil recoveries of up to 53% of OOIP (current recovery in NiMin fields is 11% to date)
- Downspacing in Wyoming from 40 acres to less than 10 acres, as has occurred in nearby fields, adds attractive upside reserve potential
- NiMin’s patented Combined Miscible Drive (“CMD”) technology was successfully tested at Pleito Creek
- Full implementation of CMD at Pleito Creek with onsite generation of oxygen is projected to increase recovery by 8,560 MBO gross or 22% of OOIP

Confidential information is available to qualified interested parties by executing the Confidentiality Agreement (“CA”). Executed CAs should be faxed to (713) 651-4202, Attn: Rachael Berry or emailed to Rachael.Berry@macquarie.com.

Transaction information & downloads

NiMin Energy Corp. Announcement
(.pdf, 261kb)
NiMin Energy Corp. Confidentiality Agreement
(.pdf, 70kb)
NiMin Energy Corp. Overview Memorandum
(.pdf, 2MB)

Contacts

Tom Duncan
Vice President
Acquisitions & Divestitures
+1 (713) 651 4223
tom.duncan@
macquarie.com

Rob Bilger
Managing Director,
Acquisitions & Divestitures
+1 (713) 651 4222
rob.bilger@
macquarie.com

The information contained herein is for informational purposes only, and this document is not to be construed under any circumstances to be (a) an offering or solicitation for the sale of securities; (b) a recommendation to purchase, sell or hold any securities; (c) an offering memorandum as contemplated by applicable securities laws; or (d) an obligation by the Company to enter into any proposed transaction. The Company and Macquarie Tristone are under no obligation to provide the recipient with access to any additional information regarding the Company or the Transaction. Macquarie Tristone has not independently verified any of the information contained herein. Certain statements contained herein may constitute forward-looking statements which involve risks and uncertainties that could cause actual events or results to differ materially from the estimated or anticipated events or results implied or expressed in such forward-looking statements. The Company and Macquarie Tristone and their respective affiliates and representatives expressly disclaim any and all liability based, in whole or in part, on the information contained herein or otherwise made available to any Interested Parties regarding the Company or the Transaction, and/or any errors therein or omissions therefrom.

Any securities in a consortium vehicle or acquisition company would not be registered under the U.S. Securities Act of 1933 (the “Act”) and may only be offered in a transaction that is not subject to or that is exempt from registration under the Act. Investors must have the financial ability and willingness to accept the risks, including the loss of the investment and lack of liquidity. Any such securities would not be able to be resold, transferred or otherwise disposed of in the U.S. unless registered under the Act or pursuant to an available exemption from registration. None of the Entities noted in this document are authorized deposit-taking institutions for the purposes of the Banking Act 1959 (Commonwealth of Australia). The obligations of these entities do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 (“MBL”). MBL does not guarantee or otherwise provide assurance in respect of the obligations of Macquarie Tristone.

CIRCULAR 230 DISCLOSURE

Macquarie Tristone does not provide any tax advice. Any tax statement herein regarding any U.S. federal income tax is not intended or written to be used, and cannot be used, by any taxpayer for the purpose of avoiding any penalties. Any such statement herein was written to support the marketing or promotion of the transaction(s) or matter(s) to which the statement relates. Each taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor.