Crew Energy Inc. Corporate Presentation April, 2014 RESOURCE FOCUS OPPORTUNITY SUSTAINABILITY
Focus on Resource Capture and Growth B.C. Alberta Sask. Operating Strategy Resource Capture Target reservoirs with large hydrocarbon storage capacity Exploration Prove hydrocarbons can be produced in economic quantities…
Focused on Production and Reserves per Share Growth Production/share 244 % Proved + Probable Reserves/share 901% Sold 840 boepd for 197,302 35000 300 200000 1.8 118 mm 32,000 244% 901% 30,000 180000 1.6 30000 27,963 27,451…
Reserves Summary 2013 2012 % Proved plus probable (mmboe) 197 153 29% Per share (mboe/mmshares) 1,622 1,258 29% Proved (mmboe) 115 85 35% Per share (mboe/mmshares) 947 699 35% Reserve value 10% discount (2P - mm) 1,818 1,478 23%…
The Building A Worldof Class a World Class Resource: Montney Montney Resource 91 TCFE 2013 2007 2008 2010 2012 84 Miles Stoddart Goose Flatrock Attachie 40 Miles Septimus Portage Groundbirch Crew operated…
Septimus Montney Production Growth in 2013 11,000 10,000 9,000 8,000 boepd 7,000 6,000 5,000 4,000 Jan. Feb. Mar. Apr. May June Jul. Aug. Sept. Oct. Nov. Dec. Q1/2014 (Est.) Months 8
Montney Resource and Reserves 5 Year Plan 0.6 TCFE (181 Locations) 2P Reserves Undeveloped 0.1 TCFE Contingent 4.1 TCFE (1,497 Locations) 2P Reserves Producing 0.2 TCFE TPIIP 91 TCFE Based on Sproule Apr. 30 and May 31,…
Septimus: Top Tier Montney Economics Land List Crew Land Industry Held Montney Land 1 4 Fort St. John Septimus Region 3 5 Septimus Region 2 Grand Prairie Montney Gas Fields 6 1. Altares/Caribou/Farrell/…
Septimus: Exceptional Economics Frac Port System Economics B.C. Royalty Regime Old New* Capex (mm) 4.7 4.7 IP (boepd) 934 934 Sales Reserves (bcf) 4.3 4.3 NPV10 (mm) 7.4 8.2 Crew A16-7, IP1 5.2 mmcf/d Crew B16-7, IP1 6.3 mmcf/d…
Groundbirch: Potential New Growth Area Talisman Hz license IP 1.7 mmcf/d Strong vertical Montney tests in the immediate area IP 0.8 mmcf/d Excellent horizontal producers immediately offsetting lands Crew 2-4 drilling Moderate -…
Tower: Emerging Montney Light Oil Play 13-8 Tower Montney Economics 23 day test Gross final: 342 bbls/d of oil, Capex (mm) 5.2 1.7 mmcf/d gas IP3 (boepd) 490 Reserves (mboe) 370 Liquids (%) 54 NPV10 (mm) 5.4 Crew 1-24 ARC…
Greater Wapiti Liquids Rich Gas 170 undeveloped Cardium locations Average 65 bbls/mmcf liquids rich gas Elmworth 4 undeveloped Falher locations 00/02-23-064-06W6/0 Cardium Type Log Prod to date = 600 mmcf Current prod = 268…
Lloydminster, Heavy Oil Play FRENCHMAN BUTTE ALBERTA SASKATCHEWAN CREW 02/12-30-048-05W4 Colony 105 bbls/d BRIGHTSAND TANGLEFLAGS CLNY 20 bbl/d LLOYD UMCL SWIMMING 500 bbl/d Lloydminster 1,750 bbl/d LOW LAKE FOREST BANK…
Princess, Alberta Oil Play 11-22 Battery Inlet 28,000 b/d emulsion K Pool Land Holdings Capacity 6,000 bopd 7-8 Battery Total (net acres) 290,821 Inlet 65,000 b/d emulsion CCC Pool Capacity 6,500 bopd 85% undeveloped Large…
Investment Attributes World class Montney resource 91 TCFE TPIIP Significant land position 1 million acres of land 73% undeveloped Well positioned to take advantage of new and evolving technologies Production rates and EURs…
Definitions of Oil and Gas Resources and Reserves Reserves are estimated remaining quantities of oil and natural gas and related substances anticipated to be recoverable from known accumulations, as of a given date, based on the…
Corporate Information TSX Trading symbol CR Basic shares (mm) 121.6 Market capitalization 8.00/sh (mm) 973 2013 Average trading volume per day (m) 769 Employee/Director ownership diluted 7% 23
CONTACT INFORMATION Dale O. Shwed, President & CEO dale.shwedcrewenergy.com (403) 231-8850 John G. Leach, Senior Vice President & CFO john.leachcrewenergy.com (403) 231-8859 Rob J. Morgan, Senior Vice President & COO…