Skip to main content Corporate Update – Contact Exploration Inc. Investor Presentation | Shale Experts
Loading...
Pm

Corporate Update – Contact Exploration Inc.

Contact Exploration Inc. · Nov 1, 2014 · 21 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 Update – Contact Exploration Inc. – slide 1
    Contact Exploration Corporate Update Fall 2014
  2. Corporate Update – Contact Exploration Inc. – slide 2
    The Company (CEX) - TSXV 4 Market Capitalization at .37/share 128,500,000 Common Shares Outstanding 347,052,993 Options Outstanding (exercise price .10 - .33) 16,534,000 Fully Diluted 363,586,993 Bank Facility (Canadian Western…
  3. Corporate Update – Contact Exploration Inc. – slide 3
    Executive Summary 5 1) Alberta: Montney Condensate-rich Gas Project Contact currently holds 86 gross/72 net sections in the Deep Basin (98% operated), containing mixed rights CEX team has collectively drilled in excess of 100 Deep…
  4. Corporate Update – Contact Exploration Inc. – slide 4
    Leadership 6 Steve Harding P. Geol President and Chief Executive Officer Steve is a Professional Geologist with over 30 years of experience Previously VP Alaska/Mackenzie Delta & Northern Canada EnCana Corp., Chief Geoscientist at…
  5. Corporate Update – Contact Exploration Inc. – slide 5
    Board Of Directors 7 Ken Bowie, P.Eng, MBA Pres./CEO of Spry2 Energy Inc.; Formerly Pres./ CEO of Spry Energy (sold to Whitecap in April 2011), Former Pres./ CEO of Progress Energy Ltd. Member of the Audit and Corporate Governance,…
  6. Corporate Update – Contact Exploration Inc. – slide 6
    Deep Basin Land Position 8 Contact positioned in the heart of the condensaterich Kakwa Area Montney Formation gas play CEX holds 80 gross Montney prospective sections 30 at Kakwa (19 sections at 25%; 11 sections at 100%) 27 at…
  7. Corporate Update – Contact Exploration Inc. – slide 7
    Excellent Resource Play 9 Montney Reservoir Deposited in a structurally-active west-facing basin Siliciclastic system dominated by relatively well-sorted dolomitic CEX Lands siltstones and very fine-grained sandstones Accumulated…
  8. Corporate Update – Contact Exploration Inc. – slide 8
    Multiple Prospective Zones 10 Both Upper(D4) and Middle Montney(D2) have demonstrated commercial hydrocarbon CEX Wells 7G Wells productivity in the Kakwa area (100m thick interval) Industry is beginning to delineate the Lower…
  9. Corporate Update – Contact Exploration Inc. – slide 9
    East Kakwa Reserves and Economics 11 1 Mile Proved Type Curve Independent Evaluation by McDaniel & Associates March 31, 2014 10.5 gross sections of 18.75 total booked in D2 INTERVAL: 21 1 mile wells and 13 1.5 mile wells booked P+P…
  10. Corporate Update – Contact Exploration Inc. – slide 10
    Operational Excellence 12 1.5 mile wells Industry leading capital management (Field estimate) 33% reduction in drilling times Cost reductions associated with pad drilling beginning to be realized Recent 1.5mile wells (5400m…
  11. Corporate Update – Contact Exploration Inc. – slide 11
    Superior Netbacks 13 Contacts Kakwa property has Netback Montney Competitor (/boe) Reference Montney-leading netbacks due to the Nuvista (Elmworth) 25.35 high condensate/gas ratios Painted Pony (NEBC) 25.98 Dundee Research…
  12. Corporate Update – Contact Exploration Inc. – slide 12
    West Kakwa 14 CEX holds 11 sections of Montney rights at West Kakwa 10-36-63-8W6 W Kakwa Prospectivity in multiple zones within the 200m Montney interval Anticipate elevated liquids based on geological modeling Shell Canada…
  13. Corporate Update – Contact Exploration Inc. – slide 13
    Chime 15 Both Upper and Lower Montney potential (U. Montney tested) 7-31-60-5W6 Also hold shallow rights in 15 sections Chime CINCH ET AL CHIME 100/07-31-060-05W6/00 Anticipate elevated liquids based on geological modeling…
  14. Corporate Update – Contact Exploration Inc. – slide 14
    Pinto 16 CEX holds 23 sections of Montney rights (16 contain uphole rights) and 6 2-21-55-27W5 sections with shallow rights only Pinto 8 offsetting Notikewin wells, 2 approx. 1 mi from CEX lands 30 day IP 10-14MMcf/d XTO/Celtic…
  15. Corporate Update – Contact Exploration Inc. – slide 15
    Planned/Proposed Infrastructure Expansions 17 CEX designed gathering system for flexibility: ensures products to market Liquids & gas infrastructure expanding to meet area production levels TransCanada Pembina Pipeline: 24 sales…
  16. Corporate Update – Contact Exploration Inc. – slide 16
    New Brunswick Natural Gas 18 Prospective gas interval up to 2000m in thickness Brittle sandstone and shale lithologies; fracturing seen in the Frederick Brook GLJ estimated 10.9 Tcf undiscovered PIIP (best estimate) in Frederick…
  17. Corporate Update – Contact Exploration Inc. – slide 17
    LNG Opportunity 19 Contact has aligned with Pieridae/Goldboro LNG: Pieridae is a private Canadian company with plans to build an LNG facility in Nova Scotia, sourcing gas from the Scotian Shelf, Onshore Atlantic Canada and the NE…
  18. Corporate Update – Contact Exploration Inc. – slide 18
    Stoney Creek Oil Field 20 100 year old Stoney Creek field in New Brunswick (2005) 30 MMbbls total petroleum initially in place* - 900,000 bbls N-88 K-78 produced Hiram Brook Structure Map Executed modern technology program to old…
  19. Corporate Update – Contact Exploration Inc. – slide 19
    Hopewell Oil Field 21 Contact lands are in an oil-prone portion of the Moncton Sub-basin Contact identified productivity potential on Hopewells flank Re-entered the well bore and demonstrated production capability Mapped the…
  20. Corporate Update – Contact Exploration Inc. – slide 20
    Go Forward 22 Alberta Ongoing development at East Kakwa Two rigs under contract currently drilling Expected 35 - 60 days between spud dates moving forward, 10 -14 gross wells/year Pad drilling to demonstrate further cost reduction…
  21. Corporate Update – Contact Exploration Inc. – slide 21
    CEX.V TSX Venture Steve Harding Raymond Sully President/CEO Chief Operating Officer 403-771-1091 403-234-8663 shardingcontactexp.com rsullycontactexp.com Calgary Calgary

From the store

Browse maps, data & reports in the Shale Experts store