Business Overview Mountainview Energy holds over 25,000 net acres in the Williston Basin and 65,000 net acres in the Pondera Project Management is based in and has had a strong focus in Montana/North Dakota with access to…
Corporate Overview Share Listing: TSX-V MVW.V OTCQX MNVWF Basic Shares Outstanding: 87.8 MM F.D. Shares Outstanding 107.0 MM * Insider Ownership: 62% Debt: 1.9 MM convertible debenture 2.50 8.7 MM drawn from revolving line of…
Management Management Executive Position Most Recent Position(s) Patrick Montalban President & Chief Executive Officer President & CEO Altamont Oil & Gas Executive VP & COO Quicksilver Resources Brent Osmond Vice President Chief…
Board of Directors & Corporate Advisors Directors Board Member Position Most Recent Position(s) Patrick Montalban CEO & Chairman of Board President & CEO Altamont Oil & Gas Executive VP & COO Quicksilver Resources Keith MacDonald…
Asset Overview ALBERTA SASKATCHEWAN Mountainview Current Production: 1,284 BOEPD (80% Oil & Liquids) (Mar. 31) Land: 90,000 net acres 12 Gage Project Three Forks (Torquay) Project 13,800 net acres (100% W.I.) Operator…
Williston Basin Land Position Canada 25,800 total net acres 12 Gage 13,800 net acres Stateline 12,000 net acres 2014 proposed drilling program: 10 gross horizontals Montana Several large nearby producers North Dakota TAQA,…
12 Gage Project Three Forks (Torquay) play (with Bakken & Other Potential) - pace of Shallow pay zone(s) (8,200 TVD) and better reservoir development is steady between infills & new drills in the area. characteristics provide great…
12 Gage Project Producing Wells Canada Well 3 Olson 35-26-1H: Spud: 1/5/2013 North Dakota 1st prod: 4/10/2013 D & C costs = 8.5 Million Well 1 Wigness 5-8-1H: Spud: 11/14/2012 1st prod: 2/23/2013 D & C costs = 8.2 Million…
12 Gage Production 600 MOUNTAIN DIVIDE 2013 THREE FORKS WELLS 30 Day IP 60 Day IP 500 Average Daily Rate (BOEPD) 400 300 200 100 0 Wigness 5-8-1H Leininger 3-10-1H Olson 35-36-1H Heckmen 7-6-1H Olson…
12 Gage Project 2013 Winter Drilling Program Canada North Dakota Montana Well 7 : Reistad 14-23-1H: 7 day IP 291 boe/d 53 day IP 241 boe/d Well 8 Reistad 26-35S-1H: 7 day IP 401 boe/d 40 day IP 337 boe/d 12
12 Gage Project 2014 Proposed Drilling Program Watkins Well BJNJ Well Pad Pad Aaberg Well Pad Diamond R Well Pad 13
Stateline Operated Stateline Project Acreage 12,000 net acres in Sheridan County, MT Anderson 11-2-1H-82% WI Permitted/Location Built 20+ initial locations identified prospective for both Bakken/Three Forks (Torquay) No booked…
Pondera Project Leasehold/Operations Prospective formations: Mission Canyon, Lodgepole, Bakken, and Three Forks (Torquay) The Company has identified several conventional targets on its acreage position Mountainview…
Red Creek Field 2,500 gross/net acres, operator 100% WI 91% NRI Snoose Coulee Gas Field Red Creek Field Evaluating AB Bakken 100 mcf/d 100 boe/d potential Current Production: 100 110 boe/d 35 producing wells (Madison,…
Mountainview Strengths Strong acreage position in the Williston Basin targeting the Bakken and Three Forks (Torquay) play 12 Gage Project 13,800 net operated acres Mountainview has drilled and completed 8 gross wells (6.64 net…
Appendices 18
12 Gage Cross Section Map 25
SE 12 Gage Cross Section Cross Section by Ryan Thompson Prolific Petroleum, LLC; August 2012
SE Financial Highlights
Board of Director Bios Patrick M. Montalban: Mr. Montalban has been active in the oil and gas exploration and production industry for over thirty (30) years. Mr. Montalban started his career in the Industry as a roughneck beginning in…