Q4 2013 CORPORATE PRESENTATION TSX-V: BBI Blackbird Energy Inc.
Blackbird Energys Vision Build a portfolio of projects that provide a solid platform of cash flow with long reserve life and low decline rates derived from strong analogues to Rock Energy, Kelt Exploration, and Delphi Energy…
Corporate Snapshot Focused on Strong M&A, Financial & Operating Performance Strong acquisition (M&A) strategy: 9/17/2013 Acquires 7,680 net acres of Montney in Greater Karr 9/10/2013 Acquires 1,280 acres of Bromhead, South East…
Key Facts & Estimates Shares Issued & Outstanding 124 MM Fully Diluted 182 MM Insiders Holdings (Board and Management) (Basic) 35% Insiders / Friends & Family 60% Cash on hand (Current) 500,000 Estimated Daily Field Production…
Officers & Board of Directors Senior Officers/Management Directors Garth Braun Garth Braun Director, CEO & President Director(1)(2) Darrell Denney Darrell Denney Director & COO Director (2) Ron Schmitz Bill MacDonald Director & CFO…
Operated Projects Operated Oil/Gas Zones Gross WI Drilled Un- Projects Project Sections location Drilled s Locations Mantario, SK Oil Rex/Success 3.0 70% 0 54 Montney Formation Bromhead, SK Oil Midale 2.0 100% 0 16 Karr Area…
Mantario, Saskatchewan Vertical Type Curve Assumptions and Economics Well Economics Field Efficiency Blackbird Industry Average(1) Estimates Drilling Depth (TVD) 1,000 Meters Average IP Rate (IP30) 65-100 Bbls/d 75 Bbls/d DCE…
Bromhead, SK Midale Oil Pool 15-25 well 349,414 Bbls oil to Re-Entry Well Economics date and still producing 2 Bopd & 98% Water cut Drilling Depth (TVD) 1,800 Meters Secondary Re-entry target 9-34-3-13w2 5-30 well DCE&T Costs (MM)…
Other Saskatchewan Oil Properties Blackbird currently has 33.2 gross sections (32.4 net) excluding Bromhead Project and Success Oil Project Flaxcombe Basal Mannville Marengo South Basal Mannville 400 acre Govt Pool Size; with…
Flaxcombe, SK Sparky Oil Project Well Economics Field Efficiency Industry Average(1) Drilling Depth (TVD) 900 Meters Average IP Rate (IP30) 40 Bbls/d DCE&T Costs (MM) 700,000 1st Year Netback (/BOE) 25 2P F&D (/BOE) 8.24 Op &…
Alsask, SK Basal Mannville Project Well Economics Field Efficiency Industry Average(1) Drilling Depth (TVD) 900 Meters Average IP Rate (IP30) 40 Bbls/d DCE&T Costs (MM) 700,000 1st Year Netback (/BOE) 25 2P F&D (/BOE) 8.24 Op & Trans…
Greater Karr, AB Net 7,680 acres with excellent geological control from existing well logs Upper Montney formation targeting 38 API oil 12-15 meters of 6% porosity mapped over entire acreage Analogy Upper Montney Formation oil pool…
Greater Karr, AB Greater Karr Oil Trend Oil Trend Gas and Karr Area Upper Montney Condensate Trend CIOC 16-33 Hz Test: 570 bbls/d & 7 mmcf/d Kelt 16-23 Hz IP: Sinopec 534 bbls/d and 0.9 Daylight new mmcf/d licensed well…
Bigstone, AB Well Economics Field Efficiency Industry Average(1) Drilling Depth (TVD) 2,600 Meters Average IP Rate (IP30) 969 boe/d to 1,815 boe/d DCE&T Costs (MM) 9.2 MM 1st Year Netback (/BOE) 37 2P F&D (/BOE) 5.51 Recycle Ratio…
Bigstone, AB Competitors Results Potential Realized Two Section Montney Horizontal w/ 30 stage Slickwater Hybrid Completion Type Well* Capital Total MM 9.2 Initial Production Gas (raw) mmcf/d 7.5 Field Produced Condensate…
Year End Reserves effective July 31, 2012 17 Net Reserve Summary Oil Natural Gas NGLs (mbbls) Total Oil Equivalent NPV10 % (M) -BT % of Total Value (mmcf) PDP - 502 15 99 1,507 35.62 PDNP - 175 5 34 347 8.21 PUD - 697 19 135…
Investment Highlights Large inventory of drilling locations in Saskatchewan and Alberta Low-risk development oil projects with upside potential in West Central Saskatchewan Exciting leverage to Montney oil and gas resource Strong…
Contact Information Offices: Suite 700, 717 7th Avenue SW Calgary, Alberta, Canada T2P 0Z3 Suite 400, 570 Granville Street Vancouver, British Columbia, Canada Reserves: GLJ Petroleum Consultants Legal: Macdonald Tuskey Auditors:…
Appendix A- Key Officers Garth Braun CEO/President and Director: Mr. Braun brings to the company more than 30 years of diversified business background in the following sectors: oil and gas, finance, real estate and mining operations.…
Appendix A - Board of Directors Garth Braun CEO/President and Director: Mr. Braun brings to the company more than 30 years of diversified business background in the following sectors: oil and gas, finance, real estate and mining…
Appendix B Mantario Logs Rock Energy 12-30 Key Blackbird Well 75 bbls/d Oil in Success Zone Oil in Success Zone 22
Appendix B Mantario Analog Rock Energy is currently producing over 2,300 bbls/d Reported costs to drill, complete and tie-in is 750k Payout of 7 to 12 months Rock has drilled 31 wells into main pool to-date Original discovery well…
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