Investment Highlights Striker Exploration Corp. is a junior oil and gas exploration and production company focused on the aggressive pursuit of a Western Canadian based, light oil focused growth strategy Fundamental Value Reserves,…
Striker Profile TSX Venture listed SKX 26.8 million Basic shares (28% insider held) Dilutive securities (strike price at 2.40 per share) 11.6 million 38.4 million Fully diluted shares (37% insider held) Market capitalization…
2015 Guidance Forecast average full-year 2015 production: Light/medium oil (bbls/d) 1,390 NGLs (bbls/d) 100 Natural gas (mcf/d) 5,460 Oil equivalent (boe/d) 2,400 Capital expenditures 11.0 million Funds flow from operations(1)…
Strong Balance Sheet Peer Comparison Debt to CF (Dundee March 16, 2015) 2015E D/CF Universe Comparison Strip 2015E D/CF Peer Comparison Strip Note: (1) 2015 Strip as of March 16: WTI US47.75 per Bbl, AECO C2.65 per Mcf. (2) Peers…
Corporate Reserves at December 31, 2014 Oil & Gas Total FDC NPV Btax at 10% NGLs Category Net PUDs Year End (Mbbls) (Mmcf) (Mboe) (MM) Pricing /boe (M) Proved Developed Producing 2,561 11,918 4,547 - - 83,780 18.38 Proved…
Net Asset Value at December 31, 2014 NPV Btax at 10% Net Asset Value(1) (M) March Year End March March Category Year End 2015 Year End Year End 2014 2015 2015 2014 Strip Net Debt 2014 Pricing Pricing (3) Pricing Pricing Pricing…
KK LL K K LKL KD LK L K L LLK K K LL K D LKL L F LK FKF F F K DK F F FF F FF L L LJ LE J F LL LLLKJ LF E I IDII IIJE J E III KF L FK KK FF LJL IL I E LF EF K FFFF K KFL ILL KJ FF IJ J F I F KK FKK K EFI…
Striker Primary Play Well Economics Average Pembina Belly River Type Curve - Crown Average Drayton Valley Cardium Type Curve - Crown WTI Capex EUR PV10 IRR Payout Capex EUR PV10 IRR Payout US/bbl per well mbbls M % months per well…
R15 Alberta Belly River Light Oil Fairway R13 R11 R9 R7 R5 R3 R1W5 R27 R25 R23W4 I J I T51 J T51 Data-rich J over 2,200 Belly River vertical oil wells I KII J II J Oil gravity 42 degrees API IJ II EE EE II I I…
Chigwell Belly River Project R27 R26 R25W4 G S G D F G C G C G G One high impact Belly River horizontal L K with follow- Full control of Belly River oil pool with L D L 12 7 8 9 10 11 12 7 8 9 10 11 D F G up potential G and…
Chigwell 02/15-28 Belly River Production Feb 2015 field-reported production 465 boepd (86% oil and NGLs) On production since November 2013 and has cumulative production of 179 Mbbl and 308 MMcf to March 15, 2015 Steady increase…
V U Brazeau Belly River Project E R9W5 V C One high impact Belly River horizontal with meaningful follow-up potential A E V E L G E K E UF G Full control of Belly River oil pool that A requires further…
Brazeau 16-04 Belly River Production On production since September Average gross production was 415 boepd (63% oil 2014 and has cumulative and NGLs) in its first 98 days based on field reports production of 22 Mbbl and 105 MMcf to…
R7 Pembina Cardium Light Oil R6 R5 R4 R3 R2W5 E E V A I V V E VV A VI VV A V V V E V J J A E E E E VV U E VV I I EE E E E EA V V V V I I E J E I E EU E I A E I E E E E I ES I E E E EU E I E E SVI E I E E E…
VVVV Drayton Valley Cardium Oil R7W5 EE UU EE EE S F EE Nine top-tier horizontals with low-risk downspacing F A potential EE M I I S EE S EE EE EE EE E E Full control of Cardium oil pool with downspacing J J EE S I I…
Drayton Valley Cardium Production High impact Cardium horizontal oil wells Four top-tier Cardium horizontal oils well placed on production during 2014 Multi-stage frac stimulated horizontal wells at 1400m depth with all-in cost…
Summary Deep value proposition Meaningful high torque Belly River drilling inventory Financially disciplined value - growth - discipline 19 SKX TSX-V
Contact Info Doug Bailey President and CEO Corporate Partners 1.587.794.4721 Auditor KPMG LLP dbaileystrikerexp.com Reserves GLJ Petroleum Consultants Striker Exploration Corp. Bank Syndicate TD Bank & National Bank 1250,…
Appendices 21 SKX TSX-V
March 2015 Capitalization Table CAPITAL STRUCTURE Shares Paid up Dollars Shares outstanding pre-recap 956,948 3.92 3,750,327 Issued in re-cap 12,500,000 2.00 25,000,000 Issued in August rights offering 219,938 2.00 439,876 Issued in…
Sensitivities to Changing Oil Price for 2015 WTI USbbl 40 50 55 60 70 Revenue - Oil and Gas 29.16 36.64 40.37 44.11 51.59 Royalties (5.04) (6.68) (7.62) (8.64) (10.74) Operating (13.36) (13.36) (13.36) (13.36) (13.36)…
Management Team Doug Bailey, CGA Over 20 years of business and financial management in E&P. Prior experience: Founder and CFO President & CEO (Director) of Hyperion Exploration, Canadian Phoenix Resources Corp. Frank Muller, P.Geo.…
Board of Directors Founder, President & CEO and Chairman of Raging River Exploration Inc. Previously was Founder, Neil Roszell President, CEO and Director of Wild Stream Exploration Inc., Wild River Resources., and Prairie Schooner…