Company Overview CE was formed in 2006 IPO Completed in November 2006; TSX-V:CE Aggregated 91 gross sections of oil and gas tenures in NEBC Consolidated 100% ownership of the CBM Project in 2012 CBM Project has 497 BCF of total…
Leadership: Management Title Experience Management John Proust Chairman President, J. Proust & Associates Inc: 28 years advising public and private companies on debt and equity financing, mergers and acquisitions and corporate…
CE Land Base & Pipeline Access Gross Net Acres Acres Shallow: 58,613 57,341 Proposed TCPL Pipeline 2 BCF/d Est. Op. Q2 2016 Pipeline 5
Peace River CBM Project Summary 78 Gross Sections of CBM Rights; 24 wells drilled to date on Project Gas Plant & Pipeline Constructed in 2008 Water disposal capacity established 8 wells put on production at end of 2008 Field…
Regional Gething Structure Map All CE lands strategically situated on a major positive structural feature on the Peace River Arch. Gething coals were buried deep creating high 7 coal rank &high gas contents, then were uplifted into…
Peace River CBM Project Area 8
Net Coal Isopach Net Coal Thickening Southwesterly 9
Total Gas & Water Production Total Gas & Water Production, US units 1000 2000 Normalized Average 900 Production per well= 1800 71 mcf/d & 168 bw/d 800 1600 Production Normalized 700 1400 52%/Yr Incline Water Volume, bbls…
Strategic Acquisition Hudsons Hope Gas Ltd. (HHG) CE acquired all the outstanding shares of HHG in June 2012 for 2 million shares of CE stock. This acquisition was strategic for the following reasons: 1. Consolidated ownership and…
CE Deep Water Disposal Rights Gross Net Acres Acres Deep Water Disposal Rights: 50,069 25,035 12
Salt Water Disposal Well Locations ACTIVE 54 Miles SUSP 70 Miles 13
Go Forward CE has three primary assets: 1. CBM Project with 497 BCF of resource potential 2. High capacity water disposal in a province short of disposal capacity 3. Gas plant CE will attempt to apply one or both of the following…
Summary 91 gross sections strategically located major structural feature with CBM potential Approximately 56 million historical capex into the CBM Project 23.6 BCF 2P Reserves 79 BCF Possible Reserves 394.1 BCF CBM Contingent…
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