Skip to main content CORPORATE PRESENTATION – Crew Energy Inc. | Shale Experts
Loading...

CORPORATE PRESENTATION – Crew Energy Inc.

Crew Energy Inc. · Mar 1, 2014 · 22 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. CORPORATE PRESENTATION – Crew Energy Inc. – slide 1
    Crew Energy Inc. Corporate Presentation March, 2014 RESOURCE FOCUS OPPORTUNITY SUSTAINABILITY
  2. CORPORATE PRESENTATION – Crew Energy Inc. – slide 2
    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…
  3. CORPORATE PRESENTATION – Crew Energy Inc. – slide 3
    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 27,500…
  4. CORPORATE PRESENTATION – Crew Energy Inc. – slide 4
    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%…
  5. CORPORATE PRESENTATION – Crew Energy Inc. – slide 5
    2014 Budget Summary 2014 2013 Cash Flow (CF) (mm) 210 172 2014 Hedging Summary CF/diluted share 1.72 21% 1.42 Volume Period Derivative Reference Price E&D Capex (mm) 246 220 Natural Gas Well Count (net) 62.0 91.8 45,870 GJ/Day (46%…
  6. CORPORATE PRESENTATION – Crew Energy Inc. – slide 6
    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…
  7. CORPORATE PRESENTATION – Crew Energy Inc. – slide 7
    Crew Septimus Montney Production, 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
  8. CORPORATE PRESENTATION – Crew Energy Inc. – slide 8
    Montney Long Range Growth Scenario 35,000 350 30,000 300 Capital/Cash Flow ( millions) 25,000 250 41 40 Production (boepd) 226 Drilled Wells 45 35 20,000 200 15,000 150 20 10,000 100 14 12 4 9 5,000 50 6 0 0…
  9. CORPORATE PRESENTATION – Crew Energy Inc. – slide 9
    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,…
  10. CORPORATE PRESENTATION – Crew Energy Inc. – slide 10
    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/…
  11. CORPORATE PRESENTATION – Crew Energy Inc. – slide 11
    Septimus: Exceptional Economics Frac Port System Economics Capex (mm) 4.7 IP (boepd) 934 Sales Reserves (bcf) 4.3 NPV10 (mm) 7.4 Crew A16-7, IP1 5.2 mmcf/d Crew B16-7, IP1 6.3 mmcf/d PIR 1.6 ROR Before Tax (%) 97 F&D (/boe)…
  12. CORPORATE PRESENTATION – Crew Energy Inc. – slide 12
    B.C. 5 Year Liquids Rich Gas Drilling Inventory Groundbirch Area Septimus/Wilder Area 5 Year Plan Drill Sections Crew Land Septimus/Wilder Groundbirch Schematic showing 12 wells/section drilling plan Area…
  13. CORPORATE PRESENTATION – Crew Energy Inc. – slide 13
    Groundbirch: New Growth Area Talisman Hz license IP 1.7 mmcf/d Strong vertical Montney producers in the immediate area IP 0.8 mmcf/d Excellent horizontal producers immediately offsetting lands Crew 2-4 drilling Moderate -…
  14. CORPORATE PRESENTATION – Crew Energy Inc. – slide 14
    Tower: Emerging Montney 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 4-3…
  15. CORPORATE PRESENTATION – Crew Energy Inc. – slide 15
    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…
  16. CORPORATE PRESENTATION – Crew Energy Inc. – slide 16
    Lloydminster, Heavy Oil Play FRENCHMAN BUTTE ALBERTA SASKATCHEWAN CREW 02/12-30-048-05W4 Colony 105 bbls/d BRIGHTSAND TANGLEFLAGS CLNY 25 bbl/d LLOYD UMCL SWIMMING 700 bbl/d Lloydminster 1,834 bbl/d LOW LAKE FOREST BANK…
  17. CORPORATE PRESENTATION – Crew Energy Inc. – slide 17
    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…
  18. CORPORATE PRESENTATION – Crew Energy Inc. – slide 18
    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 reserves…
  19. CORPORATE PRESENTATION – Crew Energy Inc. – slide 19
    APPENDIX RESOURCE FOCUS OPPORTUNITY SUSTAINABILITY
  20. CORPORATE PRESENTATION – Crew Energy Inc. – slide 20
    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…
  21. CORPORATE PRESENTATION – Crew Energy Inc. – slide 21
    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
  22. CORPORATE PRESENTATION – Crew Energy Inc. – slide 22
    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…

From the store

Browse maps, data & reports in the Shale Experts store