Skip to main content FEBRUARY 2015 INVESTOR PRESENTATION – Artek Exploration Ltd. | Shale Experts
Loading...
Pm

FEBRUARY 2015 INVESTOR PRESENTATION – Artek Exploration Ltd.

Artek Exploration Ltd. · Feb 12, 2015 · 30 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. FEBRUARY 2015 INVESTOR PRESENTATION – Artek Exploration Ltd. – slide 1
    Artek Exploration Ltd. FOCUS . IMPACT . UPSIDE SHAREHOLDER VALUE FEBRUARY 2015 TSX : RTK
  2. FEBRUARY 2015 INVESTOR PRESENTATION – Artek Exploration Ltd. – slide 2
    Artek Corporate Profile Stock trading: 52 week range 1.25-4.65/sh TSX : RTK Enterprise Value 200 MM Basic shares: 77.9 MM F.D. shares: 83.7 MM Management & Directors control (basic): 20% Net debt December/14 est. 80 MM Credit…
  3. FEBRUARY 2015 INVESTOR PRESENTATION – Artek Exploration Ltd. – slide 3
    2014 Transition Year Inga Focus/Slickwater Establishing Platform with Scale for 2 High Impact World Class Liquids Rich Gas Plays on Key Marketing Corridor at Inga B.C.: Bulk of Land and infrastructure investment done and Operational…
  4. FEBRUARY 2015 INVESTOR PRESENTATION – Artek Exploration Ltd. – slide 4
    H1 2015 Plans & Optionality Operational success translates into record Exit 2014 production levels: 5,600 boe/d (2,600 bbl/d - 46% liquids) from 4,000 boe/d (1,450 bbl/d - 37% liquids) H1/2014 allows minimal capital to maintain year…
  5. FEBRUARY 2015 INVESTOR PRESENTATION – Artek Exploration Ltd. – slide 5
    Executing on Liquids Focus 6,000 40,000 3.07/mcf 59/bbl WTI Oil & NGLs 4.66/mcf 93/bbl WTI 35,000 5,000 Cash Flow 3.73/mcf 98/bbl WTI 30,000 4,000 ANNUAL CASH FLOW M PRODUCTION (BOE/D) 25,000 4.50/mcf 2.67/mcf…
  6. FEBRUARY 2015 INVESTOR PRESENTATION – Artek Exploration Ltd. – slide 6
    Arteks Top Liquids Rate Wells 2014 Artek et al. Inga Doig & Montney wells top 5 wells on liquids rate in BC in H2/14 RTK Q4/14 wells Well Name Field Formation First Oil/C5 (bbl/d) Raw Gas (mcf/d) Cum. Oil/C5 IP30 Production Ip30 IP30…
  7. FEBRUARY 2015 INVESTOR PRESENTATION – Artek Exploration Ltd. – slide 7
    Inga B.C. Focus Alaska Highway Fireweed Inga area is approximately 45 minutes NW of Ft. c-16-A Compressor Site St. John on the Alaska Highway and accessible 13 14 15 year round Inga C K G G 15-3 Compressor Site Operate 150,000…
  8. FEBRUARY 2015 INVESTOR PRESENTATION – Artek Exploration Ltd. – slide 8
    Inga, B.C. Infrastructure Optionality Key Marketing corridor: 3 Sales Line options with physical capacity: Spectra, Stoddart, W W Alaska Highway Alliance 15 W 16 13 14 15 Volumes Tied in to 2 Plants W CK C McMahon G G W KA W…
  9. FEBRUARY 2015 INVESTOR PRESENTATION – Artek Exploration Ltd. – slide 9
    Inga, B.C.- Doig Liquids Rich Gas Doig Liquids Rich Gas Resource + Exploration Operate 150,000 gross acres or 230 secs are Doig rights at 56% avg. W.I. - JV partner Kelt Exploration Major Footprint Artek Operated Fireweed RTK has 6…
  10. FEBRUARY 2015 INVESTOR PRESENTATION – Artek Exploration Ltd. – slide 10
    Inga Doig Well Performance Economic assumptions Slickwater type curve : INGA DOIG WELL PERFORMANCE Total boe/d EUR: 3.0 bcf gas, 200M bbl C5+ = 700 mboe IP 30: 3mmcf/d raw; 850 bbl/d free c5= 1,300 BOE/D; cgr=300 bbl/mmncf 2000…
  11. FEBRUARY 2015 INVESTOR PRESENTATION – Artek Exploration Ltd. – slide 11
    2014 Doig Slickwater Liquids Results Doig C5+/Liquids only Slickwater Fracs vs Pre-Water Fracs Rate vs Time 2500 Pre 2014 Slickwater Well Ave: Pre Slick Water Wells Condensate 2014 Slickwater Wells: 4-33 Condensate 2000 11-16…
  12. FEBRUARY 2015 INVESTOR PRESENTATION – Artek Exploration Ltd. – slide 12
    Next Growth Phase: Montney 280m of Total Montney Isopach at Inga Artek Inga Lands Overpressured at 12 kPa/m (30-40%) at 280m Montney isopach Inga at 1,800m depth & 22-26 Mpa Liquids rich at 100-300 bbls/mmcf on Artek lands…
  13. FEBRUARY 2015 INVESTOR PRESENTATION – Artek Exploration Ltd. – slide 13
    Inga, B.C.- Montney Liquids Rich Gas Montney Liquids Rich Gas Resource + Exploration U C RTK Operates 99,790 gross acres or 156 gross K C A V F CU CG sections (90 net) of Montney land from 11 gross ArtekG Operated H E C…
  14. FEBRUARY 2015 INVESTOR PRESENTATION – Artek Exploration Ltd. – slide 14
    Inga, B.C. Montney Activity Exploration Upside OGC Wet Gas Industry Hz wells executed in the Wet Gas W Window window results support 450-750 mboe Liquids Rich Window recoverable per well potential 20%-50% 50-150+ bbls/mmcf; 25-…
  15. FEBRUARY 2015 INVESTOR PRESENTATION – Artek Exploration Ltd. – slide 15
    Slickwater Montney Results Progression Slickwater Montney Production Rates: Total & Liquids only 2000 Slickwater Completion Evolution: 1800 1 B10-17: 10 stage Slickwater Hybrid Plug n A-6-A Approx Perf (est. 18 fracs) at 40-50…
  16. FEBRUARY 2015 INVESTOR PRESENTATION – Artek Exploration Ltd. – slide 16
    Inga 2014 Montney Slickwater Results 1,400 1 B10-17: IP30= 440 boe/d (280 boe/d Inga vs Analogies - Montney liquids) 1,200 Ave Hz Type Curve 2 A65-I: IP30= 903 boe/d (600 bbl/d Blueberry Ave (4) liquids) 1,000 Tower Ave (25)H114 3…
  17. FEBRUARY 2015 INVESTOR PRESENTATION – Artek Exploration Ltd. – slide 17
    Best BC Montney Wells vs Inga Montney IP(30) - Total Boe/d Rate BC Montney Hz's 1,800 2/C-26-A / 94-A-13 RTK A65-I, A-6-A Top 30% C-85-I / 94-A-12 1,600 Blair Town 1,400 Nig Sunrise IP(30) Total BOE/d 1,200 Tower 1,000…
  18. FEBRUARY 2015 INVESTOR PRESENTATION – Artek Exploration Ltd. – slide 18
    Completions Efficiency Progression Evolution of Completions - Inga 400 Montney PnP Slickwater Hybrid(1) 350 Doig PnP Slickwater Hybrid(1) 300 Doig Hydrocarbon (17) 250 M/Stage Doig 200 Slickwater (3) Montney Slickwater…
  19. FEBRUARY 2015 INVESTOR PRESENTATION – Artek Exploration Ltd. – slide 19
    Inga Play Economics Comparatives RTK Inga Doig play ROR RTK Inga Montney play ROR 19
  20. FEBRUARY 2015 INVESTOR PRESENTATION – Artek Exploration Ltd. – slide 20
    2015 Forward Top Tier Assets Operational Momentum entering 2015 at record production levels: 5,600 boe/d (2,600 bbl/d - 46% liquids) from 4,000 boe/d (1,450 bbl/d - 37% liquids) H1 2015 will focus on Balance sheet preservation…
  21. FEBRUARY 2015 INVESTOR PRESENTATION – Artek Exploration Ltd. – slide 21
    Advisory Natural gas & liquids reserves & volumes are converted to a common unit of measure on a basis of six thousand cubic feet (mcf) of gas to one barrel (bbl) of oil. Disclosure provided herein in respect of barrels of oil equivalent…
  22. FEBRUARY 2015 INVESTOR PRESENTATION – Artek Exploration Ltd. – slide 22
    TSX : RTK www.artekexploration.com
  23. FEBRUARY 2015 INVESTOR PRESENTATION – Artek Exploration Ltd. – slide 23
    APPENDIX 25
  24. FEBRUARY 2015 INVESTOR PRESENTATION – Artek Exploration Ltd. – slide 24
    Inga Area Stacked Resource Gems W. Canada Northwest Plains Stacked Doig and Montney fine grained marine Stratigraphic Chart sandtones/siltstones overpressured at 1,700-1,800m depth Horizontal Drilling and Multi-Stage Frac technology…
  25. FEBRUARY 2015 INVESTOR PRESENTATION – Artek Exploration Ltd. – slide 25
    Inga, B.C.- Core Area Acquisition Inga area Dec/14 Acquisition expanded footprint U C E Acquired net 450 boepd (33% liquids) with JV K G H VV E G E UE E E E F CU C G C Partner Kelt Exploration for 10.6 MM E EE EU U E F G…
  26. FEBRUARY 2015 INVESTOR PRESENTATION – Artek Exploration Ltd. – slide 26
    Leduc Woodbend, AB Cash Flow Glauconite Oil Cash Engine Artek Operates Glauc. unitized oil pool 40% W.I. Artek Battery Sold (219 boe/d) Q1 2012 for 19.5 MM = 33 34 35 & gathering 36 89,000/boe/d; 28/boe 2P E 141 UUU378 Unitized…
  27. FEBRUARY 2015 INVESTOR PRESENTATION – Artek Exploration Ltd. – slide 27
    *Artek is a Junior E&P co. incorporated in 2005 - public on TSX in 2010 Management Team Darryl Metcalfe - President & CEO 28 years: Ketch, AEC, Conwest Darcy Anderson VP Finance & CFO 28 years: Pegasus, Mustang, Barrington Bruce…
  28. FEBRUARY 2015 INVESTOR PRESENTATION – Artek Exploration Ltd. – slide 28
    Analyst Coverage Peters & Co. Ltd. Cormark Securities Inc. National Bank Financial GMP Securities LP Raymond James Clarus Securities Dundee Capital Markets FirstEnergy Capital Corp. 30
  29. FEBRUARY 2015 INVESTOR PRESENTATION – Artek Exploration Ltd. – slide 29
    W. Canada Condensate Demand/Pricing Q1/14 Condensate avg. C113/B (US6.75/B premium to WTI) 31
  30. FEBRUARY 2015 INVESTOR PRESENTATION – Artek Exploration Ltd. – slide 30
    Regional Infrastructure 32

From the store

Browse maps, data & reports in the Shale Experts store