Developing Oil

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TSX-V NSG
Developing Oil Gas Opportunities in South
America
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Forward Looking Statements
Certain statements contained in this news release
may contain forward looking information within
the meaning of Canadian securities laws.  Such
forward looking information are identified by
words such as estimates, intends, expects,
believes, may, will and included, without
limitation, statements regarding the companys
plan of business operations, production levels
and costs, potential contractual arrangements and
the delivery of equipment, receipt of working
capital, anticipated revenues, reserve and
resource estimates, and projected expenditures. 
There can be no assurance that such statements
will prove to be accurate actual results and
future events could differ materially from such
statements.  Factors that could cause actual
results to differ materially include, among
others, oil and gas prices, risks inherent in the
industry, financing risks, labour risks,
uncertainty of reserve and resource estimates,
equipment and supply risks, regulatory risks and
environmental concerns.  Most of these factors
are outside the control of the company. 
Investors are cautioned not to put undue reliance
on forward-looking information.  Except as
otherwise required by applicable securities
statutes or regulation, the company expressly
disclaims any intent or obligation to update
publicly forward-looking information, whether as
a result of new information, future events or
otherwise.    
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New Sage Growth Strategy

• Pursue near-production, farm-in opportunities
  in established basins of Latin America which are
  known to have highly prolific oil and gas
  resources
• Focus on countries with stable governments and
  fiscal policies
• Partner with established companies with strong
  local knowledge and experience
• Capitalize on national expertise and
  established operators in countries of focus
• Current financial environment is presenting
  many lucrative opportunities with very
  attractive terms

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Why Oil and Gas in South America?

• Mature geology and many favourable investment
  environments
• Many parts of South America have highly
  prolific oil and gas reserves
• South America maintains extensive availability
  of unexplored and underdeveloped regions
• Relatively low operating costs

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Colombia

• Stable government with re-election of Alvaro
  Uribe
• Clear rules
• Country respects contracts
• Good fiscal conditions
• Improved security provides entry into new oil
  territory
• Colombias National Agency for HydroCarbons
  (ANH) created a Non-Nationalized Energy Policy in
  2003, allowing international oil and gas
  companies to compete for exploration and
  production contracts with a favorable royalty and
  tax regime which has resulted in the signing of
  128 exploration and production agreements
  during 2004-2007
• 100 ownership upon exploration success
• Sliding Royalty Rate of starting at 8 for
  production of 5,000 barrels per day or less
• Tax at 33
• No state participation
• 6-year initial exploration phase
• Production period of 24 years
• Offers moderate risk production exploitation
  with large exploration upside
• Proven and mature with producers including
  major companies such as Exxon-Mobil, BP, Chevron
  and Talisman Energy
• Numerous recent success by junior Oil and Gas
  companies including Argenta Oil and Gas, Gran
  Tierra, Solana Resources, Loon, Petrominerales,
  Petroliferra, Petro Vista, and others point to
  high success rate

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Brazil

• Investment grade rating with significant
  resource base and good capacity for the supply of
  goods and services made it an attractive
  country to operate in
• Fiscal Terms
• Royalties 30
• Corporate Tax Rate 34
• Second largest proven reserve base in Latin
  America with 13.7 billion bbls
• 322,000 sq. km under concession for exploration
  and development
• Industry has grown over 300 since 1997
• The vast majority of Brazils reserve base is
  predominantly oil with basins still having large
  unexplored areas
• The National Agency of Petroleum (ANP) is
  committed to the stability of rules, strict
  contract enforcement and absolute transparency of
  procedures
• 10 years of the Petroleum Law and the ANP
• Among the countries with the highest level of
  data acquisition
• Major companies in Brazil included Andarko
  Petroleum, Chevron, Devon, Exxon-Mobil, Shell,
  Statoil Hydro, Transperto and Petrobas

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Argentina

• Large country with proven hydrocarbon basins,
  the Neuquén basin is geologically similar to
  Western Canada and has total reserves of 5.5
  billion bbls
• Multiple under explored and underdeveloped
  regions
• Argentina has a long and mature oil history
  with the countrys oil zones offering available
  services, infrastructure, human resources and
  markets
• Geography and climate help keep well costs
  down
• Production remains relatively stable while
  consumption has continued to rise
• Fiscal Regime
• Sliding Royalty Scale (up to 15)
• Export Duty 45 up top revenue cap
• Revenue cap at US 60.90/bbl (producer receives
  US 42/bbl)
• Majors operating include Chevron, Shell, CNCP,
  Total, Repsol YPF
• Small to mid-cap companies include Antrim,
  Argenta Oil and Gas, Statoil

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Chile

• A Investment Grade Ratings
• Government has opened blocks to bid for
  exploration and development opportunities
• Track record of project finance structures in
  progress such as the 1.2 billion investment in
  the Quintero LNG project, Chiles first liquefied
  natural gas infrastructure terminal

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The Model Americas Petrogas A Case study

• June 2007
• New Sage acquires a 10 equity stake in Americas
  Petrogas, operating in the Nequen Basin,
  Argentina
• New Sage also establishes a joint venture farm-in
  relationship to earn working interests on
  specific projects
• July 2008
• API raises 20 million
• October 2008
• API begins trading on TSX Venture Exchange and
  announces oil discoveries on first three holes
  at Medanito Sur Project

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About Americas Petrogas

• A Canadian oil and gas company focused on
  underdeveloped hydrocarbon basins in South
  America
• Maintains a portfolio of properties and
  opportunities of 1.1 million acres in the Neuquén
  Basin, the most prolific oil and gas region of
  Argentina
• Neuquén Basin is ideally positioned to
  aggressively grow a profitable oil and gas
  company
• Americas Petrogas is governed by a strong and
  experienced management team that holds many years
  experience within the Domestic and International
  Oil Gas industry
• APIs extensive portfolio consists of very
  large exploration/exploitation blocks, making up
  a massive land base in the prolific and proven
  Neuquén Basin . This provides "running room" for
  many years
• Americas Petrogas has realized value in
  Argentina by entering at an opportune time
• (Land, Deals Low Oil Price)

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Neuquén-Basin, Argentina

• Neuquén is a province of Argentina, located in
  the west of the country
• Neuquén Basin is the most prolific oil and gas
  region of Argentina but relatively unexplored
  over vast areas
• Contains the majority of the proven oil and
  gas reserves of their respective countries as
  well as the
• majority of the production.
• Active producers include Chevron, Apache,
  Occidental, Total, Petrolifera Petro Andina
• 1.35 million acres
• 3P reserves of 77.1 million boe valued at 451
  million PV10
• Upside with API International Development Plan
• The Neuquén Basin covers 160,000 sq.km of
  Neuquén Province with parts of Mendoza, La Pampa
• and Rio Negro Provinces.
• Lies on the eastern flank of majestic mountain
  ranges. The Andes has been substantially
  influenced in

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New Sage Energy Management

• John Carlesso, President CEO
• President of Cervello Capital, a Private
  Merchant Bank
• Extensive Resource Company operating
  experience throughout South America
• Co-Founder and Director of Explorator
  Resources
• Gary Anstey, Vice-President Corporate Development
• Former GR Consultant to numerous Natural
  Resource projects and clients including
  Hibernia Management and Development Co. (HMDC),
  Husky Energy, Exxon-Mobil, Petro-Canada,
  Chevron, The Canadian Association of Petroleum
  Producers (CAPP) and Voiseys Bay Nickel Co.
  Ltd.
• Douglas J. Bartole, Director
• President CEO of Vero Energy, a Canadian
  Mid-Cap Energy Producer
• Successful career history with several
  Canadian Majors
• Douglas M. Stuve, Director
• Partner with the law firm Burstall, Winger LLP
• Extensive experience representing both Major
  and Junior Exploration Oil and Gas clients
•  
• John Varghese, Director
• Managing Partner, Venture Link Funds Inc.
• Experienced early stage investor in the Energy
  Sector

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Investment Highlights

• Abundance of unexplored and underdeveloped
  regions in South America
• Demand for oil is at an all-time high
  accounting for a large percentage of the worlds
  energy consumption
• Experienced Management Team with many years of
  experience in Domestic and international
• Oil Gas industry

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Corporate Overview
Capital Structure Stock Symbol NSG
TSX-V 52-Week High/Low
0.5/ 0.155 Issued and Outstanding
31,292,478 Warrants
3,119,107 Options
2,900,000 Fully Diluted

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