Growing shareholder value Opportuni,es Business plan revived for microcap E&P consolida6on 2015 Focus Current commodity prices will likely be catalyst for deep value acquisi6ons Con6nue to exploit low risk development…
Response to Lower Oil Prices Management cash compensa6on reduc6ons of 25-50% Cost Control G&A cost reduc6ons Reduced opera6onal costs through bid process Completed royalty funding with Maple Leaf for 6 wells at Flood…
Many accomplishments to date Likely more deals to come Flood - Expand Energy acquisi6on for net 0.7mm, large Montney oil play, 100% WI, 37 sec6ons Brazeau River Acquired 100% WI in 2.25 sec6ons no up front investment, recompleted 2…
Corporate Snapshot Stock Exchange TSX.V Symbol CAC Share price at Feb 5, 2015 0.58 Warrant price at Feb 5, 2015 (2.40 warrants expire March 2016) 0.025 Capital Structure Common stock (basic) 42.0mm (diluted)* 42.0mm (Insider…
Canamax Core Areas NORTH WEST ALBERTA Flood (100% WI) Alberta Montney oil; 55 sec6ons & infrastructure; 5.0MM boe original oil in place (OOIP) per sec6on, Large ver6cal well development property 16 producing ver6cal wells…
Flood Large OOIP Montney oil development play Proven ability to develop a play Purchased ini6al shut-in produc6on and basic infrastructure Total of 55 net sec6ons with 28.5km2 of 3D seismic Completed 5 addi6onal property…
Flood - Comparison to Viking play & reserve parameters Type Curve Comparison to Viking play 120 RRX - Dodsland WCP - Lucky Hills Beaumont - Kerrobert CAC - Flood 100 Daily Produc,on (boe/d) 80 60 40 20 0…
Flood Poten,al future development Future Development LEGEND Three dierent pay zones within the Montney sequence Canamax Lands Currently focused on the Worsley member with ver6cal drilling (low hanging fruit) Canamax Wells…
Wapi, Cardium Oil 9-21 Hz Cardium Well Reserve Parameters Unit Wapi, on Produc,on OOIP (per sec6on) MMbls 4.7 API Degree 42.0 Recovery Factor % 8.1 Recoverable Oil MMbls 0.4 Recoverable Gas BCF 1.5 Recoverable Boe MMBOE…
Brazeau River mul,-zone poten,al large OOIP Canamax holds 100% WI in 2.75 Canamax Lands Belly River Production sec6ons Cardium Production 3 Producing wells Deethree Lands Mannville Production 275 boe/d (40% Oil & NGLs) Gas…
Retlaw area RETLAW FOCUS AREA MAP Producing net 250 boe/d 75% of produc6on is operated Large land posi6on of 51.1 gross sec6ons (31.9 net) Good seismic coverage on Upside lands; 56km2 of 3D and 116 km of 2D Pipelines with…
Produc,on Growth & 2015 Es,mates Average Historical Produc,on 1000 Average Produc6on 0 Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Note: Q4 2014 represents a 4 month period to convert to a…
Exploita,on program Low risk development Total Development Poten,al (1) Est Net Net Capital Net Capital Produc,on Working Required Required Est Net Produc,on IP (365) High Area Descrip,on Zone Interest Low Case High Case IP…
Experienced Management and Board MANAGEMENT BOARD OF DIRECTORS Brad Gabel President & CEO Kevin Adair Execu6ve Chairman President & Involved in numerous acquisi6ons and dives6tures (private and CEO of Petrus Resources public…
Investment highlights LiXle compe66on in microcap acquisi6on space management How we are has proven track record in A&D ac6vi6es Top 6er opera6ng competence demonstrated by recent drilling, dierent recomple6on & infrastructure…