Artek Exploration Ltd. BALANCE . IMPACT . UPSIDE SHAREHOLDER VALUE JUNE 2014 TSX : RTK
RTK Highlights Summary Established High Netback production base: 2014 estimated average 4,700 boe/d at 38%-39% oil & NGLs; 2014 Op. Netback estimated at 30/boe. High Impact drilling success in 3 Core Impact Plays with more catalysts…
Artek Corporate Profile Stock trading: 52 week range 3.03-4.48/sh TSX : RTK Enterprise Value 340-360 MM Basic shares (post June/14 issue 10.0 MM F shares at avg. 4.29/sh): 77.1 MM F.D. shares: 81.9 MM Management & Directors control…
Operating Areas Year round access with mature facilities and pipeline infrastructure 2 main focus areas provide balance in risk, depth/cost, and oil and liquids vs. gas long-term Fort St. John NW Alberta/BC - Growth Multiple zone…
2014 Guidance Arteks 2014 Investment Plans aim to strike a balance between Inga Doig Development and the validation of Arteks two emerging resource exploration plays: Inga Montney and PRA Charlie Lake which provide the Company with…
Inga, B.C. Regional & Infrastructure A L F F G A K F G AC AA K G AA F F G G G G G K C CC F F C G CC A F K G A C CF G G G G A G AC F FFFA C C C F L AG A L A F GCF F F A A K FF F F K L L G K F C FG CAG F A…
Triassic Gems W. Canada Northwest Plains Stratigraphic Chart Doig and Montney have been industry focus for large scale development historically Horizontal Drilling and Multi-Stage Frac technology have unlocked the potential of the…
Inga/Fireweed, B.C.-Liquids Rich Doig Doig Liquids Rich Gas Resource + Exploration I C F K G G Triassic Doig high yield condensate (46-50 deg API) K K U C E K K C F E and natural gas resource 1,800m with initial F VV…
Inga South Highest liquids yield G G I F Inga Results: Artek Inga 3D Avg. test rate 1,500-2,000 boe/d P/L & Facility: test liquids ratio 120-300+ bbls/mmcf 30 mmcf/d Avg. test liquids rate 800-1,100 bbls/d Avg. IP30 1,100-1,200…
Artek Actuals vs. Type Curve 1800 INGA DOIG WELL PERFORMANCE RTK 5-11 HZ well 18 Doig Horizontals_- Execution Variables: 1600 -payout 6.5 months Well Hz length: 600 m-1,500 m 10 MM 1YR CF 370 mboe cum Total Frac Effort: 240…
New BC Royalty Credits Impact 1,400 Montney Hz's Artek Doig and Montney Horizontals 1,500 2,000m yield Doig Hz's - New Royalty benefit of 0.7 MM - 0.96 MM Value increase of 8-10% - Approximately 3 month payout acceleration 1,200…
NW Plains Regional Montney Resource C K K K K C G K G G GFC F CC G G K AC G F FC C F C ACA K A G G GG GGG J S K K C F G G GG G GGG GFK FCG F FK GG C KG G F G K C C C G GK G FC C G C F FFGG G C G…
Inga, B.C. Montney Exploration Exploration Upside L A L LG G E L J C C F F G G A G C F C F C F K CAK K C C F K G F K C L OGC Wet Gas Shallow Dry G GG K Montney at intermediate depths of 1,800- C C A AC C…
Inga, B.C. Montney Emerging Development U C F G BNP Blueberry C G GVV CV CV All Artek lands in super charged liquids ARC Mont Hz 100-150 bbls/mmcf Industry Hzs F G B-71-d F cum 164 mboe L L UF G F L U yield Fairway at…
Inga, B.C.- Montney Potential Artek Inga Montney well Economic Assumptions: Inga area Analogues Upper Montney Strip pricing Ave Hz Type Curve 7 MM cost/Hz well 700 RTK Inga Hz IP30 22-25 Mpa Reservoir pressure 600 Arteks 10-17…
Peace River Arch - Exploration Shallow Triassic Oil Emerging Low Cost Growth EEE W S EEJE E S S W L FF K F F F PRA Production from: Gething, Charlie Lk., K IJ S FF JI F IE F E EE EEEEE F E F EEI EEIEIE K DVN Cecil Pool…
Undrilled - Upside Potential 2,500 Third Party Engineering Value: (1) Undrilled 2013 2P NAV (1) Inga Montney Dec. 31/2013 Proven 2P 2P Oil &Liquids Unrisked Potential (2) (+assoc. gas) Inga Doig only 2,000 PRA (C.L.) Reserves…
Why Artek Established High Netback ( 30/boe) production base: 4,700 boe/d at 38%-39% oil & NGLs (2014 guidance). Doig: Top Tier High Impact play in Liquids Rich Inga Doig play validated with upside over last 3 years: with IP30s of…
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…
TSX : RTK www.artekexploration.com
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Leduc Woodbend, AB Cash Flow Glauconite Oil Cash Engine Artek Operates Glauc. unitized oil pool 40% W.I. Artek Battery & gathering Sold (219 boe/d) Q1 2012 for 19.5 MM = 89,000/boe/d; 28/boe 2P 33 34 35 36 E 141 UUU378…
Deep Basin Multi-zone Resource Gas and Liquids Value Option A AA A FF K F K G F K F F C A A A A A A AA AA A A F F A AA A F F FF ACF FF C F CF F FC C F F F CF AC F FA C A AA AA A…
W. Canada Condensate Demand/Pricing Q1/14 Condensate avg. C113/B (US6.75/B premium to WTI)
2014 Hedges Volume Price (CDN) Term 200 bbls/d 101.30/bbl Cdn. Cal 2014 200 bbbls/d 100.20/bbl Cdn. Cal 2014 2,000 GJ/d 3.40/GJ April 1, 2014 October 31, 2014 2,000 GJ/d 3.50/GJ April 1, 2014 October 31, 2014 2,000 GJ/d 3.67/GJ April 1,…
*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…
Analyst Coverage National Bank Financial Cormark Securities Inc. Peters & Co. Ltd. GMP Securities LP FirstEnergy Capital Corp. Clarus Securities MacQuarie Group Limited Raymond James Beacon Securities Limited Dundee Capital…
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