Investment Highlights Striker Exploration Corp. is a junior oil and gas exploration and production company aggressively executing a Western Canadian based, light oil focused growth strategy Fundamental Value Reserves, production,…
Striker Profile TSX Venture listed SKX 26.8 million Basic shares (28% insider held) Dilutive securities (strike price at 2.40+) 11.6 million 38.4 million Fully diluted shares (37% insider held) Market capitalization (2.26 per…
2015 Guidance (Revised May 27, 2015) Forecast average full-year 2015 production: Light/medium oil (bbls/d) 1,525 NGLs (bbls/d) 100 Natural gas (mcf/d) 6,150 Oil equivalent (boe/d) 2,650 Capital expenditures 22.0 million Funds…
Debt/cash flow Peer Comparison 2015E D/CF Universe Comparison Strip 2015E D/CF Peer Comparison Strip Note: (1) Source: Dundee May 25, 2015. (2) 2015 Strip as of May 25: WTI US56.89 per Bbl, AECO C2.78 per Mcf. (3) Peers include…
Net Asset Value at December 31, 2014 (Prior to Wilson Creek Acquisition) NPV Btax at 10% Net Asset Value(1) (M) March Year End March March Category Year End 2015 Year End Year End 2014 2015 2015 2014 Strip Net Debt 2014…
KK LL K K LKL KD LK L K L LLK K K LL K D LKL L F LK FKF F F K DK F F FF F FF L L LJ LE J F LL LLLKJ LF E I IDII IIJE J E III KF L FK KK FF LJL IL I E LF EF K FFFF K KFL ILL KJ FF IJ J F I F KK FKK K EFI…
Belly River Fairway R16 R14 R12 R10 R8 R6 R4 R2W5 R26 R24W4 J 52 T52 Oil gravity 40 degrees API Data-rich I over 2,200 Belly River vertical oil wells J J Under-exploited only 204 Belly River Hz oil wells to date IKJ I I I I…
Striker Belly River Single Well Economics Based on 60 WTI pricing, 2.25 million per hzl well and Crown royalties Proved + Proved + 90 Day IP Payout Probable Tier Probable ROR (%) (bbls/d) (months) Reserves NPV10 (M) (Mbbls) 1 7…
Striker Belly River Single Well Economics Based on 70 WTI pricing, 2.25 million per hzl well and Crown royalties Proved + Proved + 90 Day IP Payout Probable Tier Probable ROR (%) (bbls/d) (months) Reserves NPV10 (M) (Mbbls) 1 7…
Chigwell Belly River Project R27 R26 R25W4 G S G D F G C G C G G One high impact Belly River horizontal L K with follow- Full control of Belly River oil pool with abundant L D L 12 7 8 9 10 11 12 7 8 9 10 11 D F G up…
Chigwell 02/15-28 Belly River Production April 2015 field-reported production 390 boepd (86% oil and NGLs) On production since November 2013 with cumulative production of 185 Mbbl liquids and 314 MMcf to March 31, 2015 Steady…
V U Brazeau Belly River Project E R9W5 V C One high impact Belly River horizontal with meaningful follow-up potential A E V E L G E K E UF G A Full control of Belly River oil pool that V 9 10 11 requires further…
Brazeau 16-04 Belly River Production Last 30 days field-reported production to March 11, 2015 On production since September was 402 boepd (60% oil and NGLs) 2014 and has cumulative production of 30 Mbbl liquids and 105 MMcf to March…
R16 Opportunity Driven / Execution FocusedR14 I R12 R10 R8 R6 R4 R2W5 R26 R24W4 T52 J T52 I J IJ II EE EE I J I KII JI I II J Belly River Focus II JJ S E T50 T50 J J E E Numerous technical leads K…
Summary Deep value proposition Financially disciplined High torque Belly River drilling inventory Vast opportunities to expand land base value - discipline - growth 18 SKX TSX-V
Contact Info Doug Bailey President and CEO Corporate Partners 1.587.794.4721 Auditor KPMG LLP dbaileystrikerexp.com Reserves GLJ Petroleum Consultants Striker Exploration Corp. Bank Syndicate TD Bank & National Bank 1250,…
Appendices 20 SKX TSX-V
Management Team Doug Bailey Over 20 years of business and financial management in E&P. Prior experience: Founder and CFO President & CEO (Director) of Hyperion Exploration, Canadian Phoenix Resources Corp. Frank Muller, P.Geo. Over 30…
Board of Directors Founder, President & CEO and Chairman of Raging River Exploration Inc. Previously was Founder, Neil Roszell President, CEO and Director of Wild Stream Exploration Inc., Wild River Resources., and Prairie Schooner…
June 2015 Capitalization Table CAPITAL STRUCTURE Shares Paid up Dollars Shares outstanding pre-recap 956,948 3.92 3,750,327 Issued in re-cap 12,500,000 2.00 25,000,000 Issued in August rights offering 219,938 2.00 439,876 Issued in…
Sensitivities to Changing Oil Price for 2015 Strip WTI USbbl 40 50 70 (56.72 - 61.68) Revenue - Oil and Gas 31.08 36.14 41.09 46.27 Royalties (4.80) (5.85) (7.16) (8.62) Operating (11.64) (11.64) (11.64) (11.64) Transportation…
Corporate Reserves at December 31, 2014 (Prior to Wilson Creek Acquisition) Oil & Gas Total FDC NPV Btax at 10% NGLs Category Net PUDs Year End (Mbbls) (Mmcf) (Mboe) (MM) Pricing /boe (M) Proved Developed Producing 2,561 11,918…
VVVV Drayton Valley Cardium Oil R7W5 EE UU EE EE S F EE Nine top-tier horizontals with low-risk downspacing F A potential EE M I I S EE S EE EE EE Drilled 2 Cardium horizontal oil wells in Q4/2014 EE E E J J EE S I I…
Killam Lloydminster Oil R12 R11W4 E L F K C F K L L L G T43 6 F 5 4 3 2 T43 Drilled 3 Lloydminster horizontal oil wells in Q4/2014 which will be completed and on production in Q3/2015 F K C U V VV Full control of…