Presents

Dolomite Oil ProjectWhite Pine County, NV

WHY Dolomite?

►80% of Worlds Largest Oil Fields►13 of 17 new fields in US for 2013 ►80% are 5,000 feet deep►5,000+ Barrels AVG Production Rates►100% Recovery Possible►No Fracking Necessary

There’s only 14 “Billion Barrel” Oil Fields Ever Discovered in the USA to date

Two are located in the Great Basin including, the prized Covenant Field and Noble’s reported 1.4bbl Wilson Project in Elko County, NV

The Chainman Basin contains 4,000 feet of organic rich shale on top of Dolomite Horst & Landslide Targets with analogs Grant Canyon, Blackburn and the Covenant oil fields etc

U.S. Department of the Interior

2005 U.S. Geological Survey

Estimates a mean of 1.6 billion barrels of

undiscovered oil in Eastern Great Basin Province

Scripps Institute Identifies “Slab Tear along Nevada Rift

In convergent continental margins and tears are geographic coincidences of some giant oil fields. Examples include well known oil fields in Chile, Columbia, Mexico, Western United States, Japan and China.

Swan & Keith, AAPG Article #91020©1995

Western Oil Exploration Company

Controls 11,200 Acres in Federal Leases Exp. 2016-2020 in the Eastern Great Basin, White Pine County,

Nevada

Nevada Historical FieldProduction ReportsEastern Great Basin

► Eagle Springs – 5,388,017

► Trap Springs – 14,507,592

► Bacon Flat – 1,013,378

► Blackburn – 5,267,043

► Grant Canyon – 21,057,273

► Kate Springs – 2,331,847

Recent News for Nevada

►- Noble Energy (NYSE:NBL) Invest $200M

►- Amassed 300,000 acres►- Drilled 8 wells with first horizontal in

2015►- Discovered 1.6 Billion Resource

Estimate►- Plains (NYSE) Pluto well was re-

entered discovering light oil in Chainman

►- Chainman shale contains +17% Total Organic Carbon – A world-class formation.

Dolomite Oil

An Exploration Partnership…

GETECH Gravity Attenuated Fault Block (Center) 4,000

acres in size

Cross Section

►Faulted Dolomite Slide Block

Review by Walter E. Johnson

With an estimated…

1.8 Billion barrels of oil in place

Why does Western reasonably expect to

find 1.8 Billion barrels of oil?

Supporting Evidence…►GETECH Maps 4,000 acre attenuated

fault trap photo copy of Grant Canyon Field

►Bakken/Pilot Shale 350+ thick Target ►Seismic defined 2,700’ thick horst

tilted with landslide knoll +4,000 acres aerial extent with 4-way faulted Dolomite Targets AVG 600 barrels per acre foot

►Well Control maps +4,000’ of Chainman Shale from 500-4,500’ deep at top of Dolomite. Seismic Survey corroborates gravity

The Opportunity…

► $6m Drilling – Vertical + Horizontal = $60,000 per 1% Working Interest 3 Appraisal Wells = $24m

► Tax-advantaged – 100% of Tax IDC’s Intangible Deductible Costs

► Drilling Partners enjoy preferential payback

Economics?

►Oil at $50/barrel ►$8/barrel Production Cost►2,500 barrel/day well►$40m annually►Estimated Return of Investment – 5

months►17 wells - $600m annually►Operations by local experienced

hands.

Western Oil Exploration Company

1580 Lincoln Street, Suite 580Denver, Colorado 80203

► Dean Young, President ► Info@DolomiteOil.com

(720)-722-4049