Growing shareholder value Corporate and property acquisi6ons at accre6ve nancial metrics The Exploit low risk development opportuni6es Top ,er technical and nancial competence Opportunity Oil weighted producer with low risk core…
Many accomplishments to date O to a great start in 2014 Flood - Expand Energy acquisi6on for net 0.7mm, large Montney oil play, 100% WI, 37 sec6ons Brazeau River Acquired 100% WI in 2.25 sec6ons no up front investment, recompleted 2…
Corporate Snapshot Stock Exchange TSX.V Symbol CAC Current share price at Oct 28, 2014 1.00 Current warrant price at Oct 28, 2014 (2.40 warrants expire March 2016) 0.13 Capital Structure Common stock (basic) 42.0mm (diluted)*…
Canamax Core Areas NORTH WEST ALBERTA Flood (100% WI) Alberta Montney oil; 52 sec6ons & infrastructure; 5.0MMboe original oil in place (OOIP) per sec6on, Large ver6cal well development property 16 producing ver6cal wells…
Flood Large OOIP Montney oil development play Total of 52 net sec6ons with 28.5km2 of 3D seismic Reserve Parameters Unit Montney Oil 2014 2015 Development Drill and complete 8 wells Q4 Infrastructure in place to achieve high net…
Flood - Comparison to Viking play Company Raging River Whitecap Beaumont Canamax Asset Dodsland Lucky Hills Kerrobert Flood Key assump,ons include: Assump.ons Well Cost (MM) 0.90 0.93 0.90 0.85 Type curve based on average wells…
Flood Poten,al future development Future Development LEGEND Three dierent pay zones within the Montney sequence Canamax Lands Currently focused on the Worsley member with ver6cal drilling (low hanging fruit) Canamax Wells…
Wapi, Cardium Oil 9-21 Hz Cardium Well Reserve Parameters Unit Wapi, on Produc,on OOIP (per sec6on) MMbls 4.7 API Degree 42.0 Recovery Factor % 8.1 Recoverable Oil MMbls 0.4 Recoverable Gas BCF 1.5 Recoverable Boe MMBOE…
Brazeau River mul,-zone poten,al large OOIP Canamax holds 100% WI in 3.0 sec6ons Canamax Lands Belly River Production 3 Producing wells Cardium Production 300 boe/d (40% Oil & NGLs) Deethree Lands Mannville Production Gas…
Retlaw area RETLAW FOCUS AREA MAP Producing net 250 boe/d 75% of produc6on is operated Large land posi6on of 51.1 gross sec6ons (31.9 net) Good seismic coverage on Upside lands; 56km2 of 3D and 116 km of 2D Pipelines with…
June Dec 2014 Capital Budget 2014 Capital Budget - 20.5mm (1) Recomplete 4 wells Drill and complete 10 wells Tie-ins and infrastructure Land, produc6on & royalty Flood 15.0mm purchases Drill, complete and equip 1…
Produc,on + Cash Flow Summary Actual & Forecast 1,800 Es,mated Produc,on Growth Target Exit Produc,on Target 65% Oil 1,600 & NGLs June/July Produc,on Sold Delta West 1,400 50 bbl/d Oil Note: Brazeau River produc6on was…
Exploita,on program Low risk development Total Development Poten,al (1) Est Net Net Capital Net Capital Produc,on Working Required Required Est Net Produc,on IP (365) High Area Descrip,on Zone Interest Low Case High Case IP…
Experienced Management and Board MANAGEMENT BOARD OF DIRECTORS Brad Gabel President & CEO Kevin Adair Execu6ve Chairman President & Involved in numerous acquisi6ons and dives6tures (private and CEO of Petrus Resources public…
Investment highlights LiXle compe66on in microcap acquisi6on space management How we are has proven track record Top 6er technical competence demonstrated by recent dierent op6miza6on and recomple6on programs Focused on…