Light Oil Focused Growth Annual General Meeting Corporate Presentation February 19, 2015 TSX-V: ELW Operating as Elkwater Resources Ltd. ELW TSX-V
Investment Highlights Striker Exploration Corp. is a junior oil and gas exploration and production company focused on the aggressive pursuit of a Western Canadian based, light oil focused growth strategy Proven and Adaptable Team…
Foundational Objectives Protect and Strengthen the Balance Sheet Strikers management team and Board of Directors continue to take a disciplined and conservative approach to maintain financial strength Increase Inventory Pursue…
Executive Team Doug Bailey, CGA Over 20 years of business and financial management in E&P. Prior experience: Founder and CFO President & CEO of Hyperion Exploration, Canadian Phoenix Resources Corp. Frank Muller, P.Geo. Over 30 years of…
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…
2015 Capital Program For fiscal 2015 the Board of Directors has approved a capital expenditure budget of 11 million. Drayton Valley: Equip and tie-in the 2.0 gross (1.8 net) Cardium horizontal oil wells; Killam: Complete, equip and…
2015 Guidance Forecast Q1 2015 Production Light/medium oil (bbls/d) 1,390 NGLs (bbls/d) 100 Natural gas (mcf/d) 5,460 Oil equivalent (boe/d) 2,400 Capital expenditures 11.0 million Funds flow from operations(1) 12.3 million…
Strong Balance Sheet Peer Comparison Debt to CF (Dundee Data Feb 9, 2015) 2015E D/CF Universe Comparison Strip 2015E D/CF Peer Comparison Strip Note: (1) 2015 Strip as of January 15: WTI US53.16 per Bbl, AECO C3.24 per Mcf. (2)…
Central Alberta Core Region R19 R14 R9 R4W5 R26 R21 R16 R11 R6 R1W4 R23W3 E L EE E E E E E E E EE EE E E EE E E D E E E E EEEEE H H H J E E EE EE PP EE E EE E F E P EE FE I E I E E F I EE E E E J E EEEE EEEEEEEEEE…
R14 Greater Pembina Belly River Oil R12 R10 R8 R6 R4 R2W5 R26 R24W4 T52 T52 J J IJ II EE EE IJI I KII JI I I J Greater Pembina Belly River Oil IJ S T50 E T50 Horizontal Conventional Play E Oil gravity 42…
A F Belly River Acquisition (2015/Q1) East Pembina Chigwell Belly River Freehold P&NG rights with 2 years tenure All Freehold Petroleum rights with indefinite tenure (HBP) Numerous offsetting vertical and horizontal Belly River…
Pembina Cardium Oil R12 R11 R10 R9 R8 R7 R6 R5 R4 R3 R2 R1W5 R27W4 I SJIIIJ G E EEI J IE E T52 J II EJI J J J T52 AE II II JI I J E E EI E E I E J E IE E A EE I I J J IJ JJ I E E I E E I J I I IEJ I E E…
Killam Lloydminster Oil R12 R11W4 E L F K C F K L L L G T43 6 F 5 4 3 2 T43 F K C Killam Lloydminster Oil U V VV Horizontal Resource Play A G E G I E G updip V G G F A G channel Oil gravity 28 degrees API 36…
Sensitivities to Changing Oil Price for Fiscal 2015 WTI USbbl 40 50 55 60 70 Revenue - Oil and Gas 29.16 36.64 40.37 44.11 51.59 Royalties (5.04) (6.68) (7.62) (8.64) (10.74) Operating (13.36) (13.36) (13.36) (13.36) (13.36)…
February 2015 Capitalization Table (pre-consolidation) CAPITAL STRUCTURE Shares Paid up Dollars Shares outstanding pre-recap 19,138,965 0.196 3,750,327 Issued in re-cap 250,000,000 0.100 25,000,000 Issued in August rights offering…
Conclusions Mandate continue the evolution of a top-tier shallow, light oil growth company Financial Prudence Effectively and efficiently steward capital Provide return while cultivating raw materials for growth and corporate sale…
Contact Information Striker Exploration Corp. Doug Bailey President and CEO Phone: 587.794.4721 email: dbaileystrikerexp.com 18 ELW Strictly Private & Confidential TSX-V
Loading...
