INDUSTRY: Oil & Gas

SECTOR: Exploration & Production

Amazing Energy Oil and Gas, Co. 5700 W. Plano Parkway Suite 3600, Plano, TX 75093 Tel: 972.233.1244 www.amazingenergy.com

Company Contact Willard McAndrew CEO/Director Tel: 214-906-3073 will@amazingenergy.com Investor Relations Contact Derek Gradwell Direct; 512.270.6990 IR@amazingenergy.com

CORPORATE SNAPSHOT • Core assets in the Permian Basin • Primarily drilling shallow Oil and Gas

wells at depths of 2k -4k feet • Diverse strategic relationships for

sourcing deals, new projects and additional drilling programs

• Plan to drill Queen, Seven Rivers, Greyburg vertical wells, horizontal San Andres wells, rework Wolfcamp and Devonian Wells and 1 Conglomerate through strategic & self-funded programs in 2019

• Significant Resource Potential • Amazing’s assets have multiple

stacked pay zones that hold deep vertical and horizontal potential

Amazing Energy Oil and Gas, Co. (OTCQX: AMAZ) Amazing Energy Oil and Gas, Co. is an independent oil and gas exploration and production company headquartered in Plano, Texas. The Company’s primary leaseholds are in the Permian Basin with rights within a 70,000-acre leasehold in Pecos County, TX and approximately 5,385 gross acreage in Lea County, NM. The Company primarily engages in the exploration, development, production and acquisition of oil and natural gas properties. Amazing Energy’s operations are currently focused in Texas and New Mexico.

SELECT FINANCIALS

OTCQB: AMAZ

As of July, 2019

Shares Outstanding 96,076,232

Warrants 9,100,158

Options

Float

31,585,000

20.4%

Stock Price $0.16

Market Cap

Enterprise Value

$15.06 MM

$21.23 MM

• Primary Location in Western Permian Basin in Lea County, NM

• Three units-reduces operational costs • 4 horizontal wells, 2 vertical wells+ SWD systems • Devon Energy (NYSE: DEN) and EOG Resources,

Inc. (NYSE: EOG) are WI Partners • Adjacent Field – Sawyer Field has produced over

5.4 MMBO from vertical San Andres production alone

• Amazing’s position: 16,904 gross acres; 10,051 net acres – 56% avg. WI and operatorship

• Approx. 93 potential 1-mile, horizontal drilling locations & EURs 250 MBO/well

• Moyes & Co. estimates – NPV-10: 1P $9,561M; 2P $28,345M; 3P $25,045M; Total: $62,951M

OVERVIEW: West Sawyer Project (Lea County, NM)

OVERVIEW OF PECOS COUNTY• Primary Location Central Basin Platform between the Midland and Delaware Basins • History suggests vertical and horizontal potential from stacked pay zones • Over 1,800 oil and gas producing leases • Approximately 200 licensed operators • Over 20,600 drilled wells • Adjacent Fields • Yates Field - Over 1.6 billion barrels of oil produced • Walker Field - Over 10 million barrels of oil produced • Taylor Link Field - Over 17 million barrels of oil produced. • Amazing’s Position Accounts for rights within 70,000 acres (approx. 100 sq. miles)

GROWTH STRATEGY • Pecos County acreage represents the main revenue driver for Amazing Energy. • Management has implemented a monthly capital budget to drill additional wells as production and pricing justify. • Through its wholly owned oilfield services subsidiary Jilpetco, the Company owns and operates their own rig and can drill a well in a target pay zone within 10 days, increasing the production and reserves for the Company more efficiently. • Amazing has initiated discussions with major operators to discuss the potential growth through JV/ Farm Out in current acreage as well as within potentially acquired acreage. • These JVs/Farm Outs could drive shareholder value without stock dilution.

Willard McAndrew lll, Chief Executive Officer/ DirectorMANAGEMENT TEAM

Has 44 years of experience in the oil and gas industry from field operations to refining to management. Held numerous positions at predominant oil and gas companies including Exxon (5+ years) and Hercules Oil. Served as COO and Director (3 years) of Torchlight Energy, Inc, a NASDAQ listed oil and gas E&P company. Has 35 years of experience in the public markets. Served as President and owner of several companies involved in all phases of the oil and gas business from prospect acquisitions, pipelines, drilling and/or recompleting hundreds of wells. Attended Louisiana State University and served honorably in the United States Marines Corps.

Marty Dobbins, Chief Financial Officer Mr. Dobbins brings more than 40 years of corporate and financial management across a variety of industries, with a focus on guiding companies expanding into new markets. After graduating from Sam Houston State University, Mr. Dobbins accepted a position in the Audit Department at Arthur Young & Co., CPAs. His entrepreneurial spirit resulted in him leaving Arthur Young & Co. to establish his own CPA firm in Deer Park, Texas, where he practiced for approximately 25 years. Simultaneous with running his CPA firm, Mr. Dobbins also served as President and CEO of K&W Resources, Inc., an oil and gas operator, Managing General Partner of Cafe Adobe Restaurants and Vice-President and CFO of Guardian Fire Protection Co., Inc., a firm specializing in the design, installation and maintenance of fire protection systems within petrochemical complexes.

David Arndt, Chief Operating Officer David Arndt is a seasoned executive in the oil and gas industry with over 45 years of operations, engineering and personnel management experience. David has developed drilling programs and economic studies on exploratory and development projects in North Dakota, Mid-Continent, Texas, Gulf Coast, SE Asia and in the Middle East. Prior to joining Amazing Energy Oil and Gas, Co., David was Operations Manager for Torchlight Energy Inc., and a Vice President/Manager/Senior Engineer who oversaw the drilling, completion, reworking and production operations for companies such as Conoco, Scotia Group, Sundance Resources and Petrosearch Energy Corporation. David has traveled the world but focused on the mid-continent in the USA producing from some of the largest oil and gas fields. David has a B.S. in Petroleum Engineering from Penn State University.

DISCLAIMER. This information is published solely for informational purposes and is not to be construed as a solicitation or a n offer to buy any security or related financial instrument. The summary may include “forward-looking statements” with the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934 and are intended to be covered by the safe harbor provisions for forward looking statements. This information is supplied from sources we believe to be reliable, but we cannot guarantee accuracy. This document has been furnished to you solely for your information. The information contained herein may not be reproduced, disclosed or redistributed, in whole or in part, by mail, facsimile, electronic or computer transmission or by any other means to any other person, except with prior written consent of the Company. The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy.