Hawk Exploration Ltd. June 2015 Hawk Exploration Ltd.
Profile Emerging Exploration Company Listed on TSX Venture Exchange under HWK.A Proven Management Team Returned 350% AT in 1st venture (Hawk Oil) Added 3,000 boed at F&D = 4.37/boe Returned 454% AT in 2nd venture (Hawk Energy)…
Management Team President, CEO and Chairman Hawk Energy Corp. (2003-2006) Steve Fitzmaurice President, CEO and Chairman Hawk Oil Inc. (1996-2003) President & CEO Prior thereto Morgan Hydrocarbons (93-96) & Imperial Oil (82-93) VP…
Board of Directors Steve Fitzmaurice P Eng. President, CEO and Chairman of Hawk Exploration Ltd. Director John Wright President, CEO and Director of Lightstream Resources Ltd. P Eng., CFA Chairman of Touchstone Exploration Inc. and…
Growth Strategy Drilling Focus Focus on areas that Management knows well Forest Bank Moderate Risk/Moderate Reward Eureka Low cost operator Limit Share Dilution Hawk Exploration Ltd.
Strong Netbacks due to Low Op Costs 90.00 80.00 70.00 60.00 Revenue 50.00 Royalty 40.00 30.00 Op Cost 20.00 Transportation 10.00 Netback 0.00 Hawk Exploration Ltd.
WCS Price Improving Hawk Exploration Ltd.
Saskatchewan Drilling Opportunities Forest Bank Vertical Heavy Oil Eureka Area Vertical / Horizontal Heavy Oil Rush Lake Vertical / Horizontal Heavy Oil Yonker Vertical Heavy Oil Hawk Exploration Ltd.
Lloydminster Block Heavy Oil Area Hawk continues to build on its land base. Current Lloyd Block net production of 550 bopd is growing. Hawk Exploration Ltd.
Forest Bank Vertical Project Hawk has recently farmed into 2.0 Sections of land in Forest Bank Detailed geological mapping suggests numerous locations in McLaren, Waseca and Sparky Formations Have shot 5 km2 of 3D seismic over…
Forest Bank Sparky Vertical Normalized Curve Average IP = 50 bpd Average Cum = 68 MSTB Hawk Exploration Ltd.
Forest Bank Waseca Vertical Normalized Curve Average IP = 47 bpd Average Cum = 71 MSTB Hawk Exploration Ltd.
Forest Bank McLaren Vertical Normalized Curve Average IP = 44 bpd Average Cum = 37 MSTB Hawk Exploration Ltd.
Forest Bank Development Plans Hawk has drilled two wells (green circles) which both encountered pay in the Sparky, Waseca and McLaren zones. Current prod = 110 bopd (72 bopd net) Hawk has also recompleted its first well (green…
Eureka Mannville Project Eureka Mannville pool was discovered in 1984 and quickly developed with vertical wells. Pool has produced 1.2 million barrels from 10 producers and is still going strong. Flat production profile. Hawk…
Eureka Mannville Project Hawk has acquired/farmed into 4 sections of land over prospective channel. Drilled first well (16-12) in Q4/13 extending pool south by one mile. Well is producing 15 bopd. Mannville Potential: 15-40 bopd…
Eureka Mannville Project Hawk has drilled two additional wells in 2014, the 1-13 vertical well which encountered 21 metres of Basal Mannville pay and the 13-18 horizontal well. Current Production: 16-12 VT 15 bopd 1-13 VT 20…
Eureka Mannville Project Hawk plans to monitor the production of its existing HZ well and has identified several additional HZ locations. Hawk Exploration Ltd.
Rush Lake Sparky Project Hawk acquired land between two of Huskys new steam projects. Hawk lands are prospective for both regional (Sparky and Waseca) and Channel (GP/Sparky) sands. Hawk Exploration Ltd.
Rush Lake Vertical Sparky Well Normalized Curve Average IP = 30 bpd Average Cum = 63 MSTB Hawk Exploration Ltd.
Rush Lake Vertical Waseca Well Normalized Curve Average IP = 33 bpd Average Cum = 75 MSTB Hawk Exploration Ltd.
Rush Lake Horizontal Sparky Well Normalized Curve Average IP = 164 bpd Average Cum = 123 MSTB Hawk Exploration Ltd.
Rush Lake Sparky Project Hawk has drilled two regional wells and one channel well thus far (green wells). 16-14 location extended Huskys pool to the SW by 500 metres. Future development plans include drilling horizontal wells…
Yonker McLaren Project Hawk recently acquired one section of land on a McLaren sand prospect and drilled a discovery well. An analogous pool nearby has produced 325 MSTB from four wells. Hawk Exploration Ltd.
Yonker McLaren Vertical Well Normalized Curve Average IP = 135 bpd Average Cum = 81 MSTB Hawk Exploration Ltd.
Yonker McLaren Project Hawks well at 11-9 which is currently producing 50 bopd. Hawks existing seismic identifies the pool boundaries but does not tie the discovery well. Hawk is currently shooting one additional 2D line to…
Yonker McLaren Project Potential to drill an additional 8 development wells with existing well spacing. McLaren Potential: 50-125 bopd 50-100 MSTB Hawk Exploration Ltd.
2015 Q2 Snapshot A shares outstanding 45,575,952 Net Debt (1) 11 million Current Production 700 boe/d (97% oil) 2015 Capital Budget 2 million 1 Forest Bank well (already drilled) 1 Eureka vertical well (Q3/15) 4 Forest Bank…
Net Asset Value (M) Proved plus Probable PV10 (at Dec 31/14) (1) 45,080 Undeveloped Land ( 125/acre) and Seismic 5,947 Net Debt (10,998) Proceeds from Options 1,615 Net Asset Value 41,644 Fully diluted Shares 50,102 NAV per fully…
Why Invest in Hawk Exploration Proven Management Team Returned 350% and 454% AT in last ventures Solid business plan refined in last two ventures Growth Potential Excellent inventory of development opportunities Base value…
Contact Information Hawk Exploration Ltd. Suite 1320B, 396 11th Ave SW Calgary, Alberta T2R 0C5 Phone: (403) 264-0191 Fax: (403) 263-9076 Website: www.hawkexploration.ca Hawk Exploration Ltd.
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