Striker Exploration Corp. Operating as Elkwater Resources, Trading Under the Symbol ELW on The TSX Venture July 2014
Anatomy of Success 3 Team Proven management team with a strong track record of major technical innovations mentored by an independent board with significant capital markets successes. Pioneers of technical, operational and production…
Executive Team 4 Doug Bailey, CGA President & CEO 21 years of business and financial management experience Founder and CFO of Hyperion Exploration, Canadian Phoenix Resources Corp. Restructuring E&P experience spans 15 engagements…
Board of Directors 5 Neil Roszell Founder, President & CEO and Chairman of Raging River Exploration Inc. Former, founder, President, CEO and Director of Wild Stream Exploration Inc., Wild River Resources., and Prairie Schooner…
Technical Experience and Bench Strength 6 Early mover and initiator of geological, engineering, operations and production techniques/methodologies. Only active industry operator across all three premier Viking horizontal oil plays in…
Key Technical Advancements 7 Pioneered several methodologies in response to complex Viking reservoir characteristics to increase productivity, reduce decline and increase EURs (current industry standards): Consistent pattern, short,…
Strategy 8 Growth Organic growth by balancing low risk development with step-out/delineation exploration Continue to develop and apply new technologies and techniques to enhance historical economics Acquire assets with scalable land…
Asset Characteristics and Criteria 9 Asset Characteristics Large and quantifiable original-oil-in-place potential, with preference for light oil Relatively low technical, operating and production uncertainty Reasonable and predictable…
Core Asset Opportunistic Flexibility 10 Viking light oil horizontal oil play Alberta Saskatchewan vast number of drill-throughs 11,710 vertical oil wells 13,590 vertical gas wells Secondary focus on 6,042 horizontal oil wells on…
Asset - Targeted Play Economics 11 Redwater (Alberta) Provost (Alberta) West Central Sask Peace River Viking1 Viking2 Viking3 Montney1 IP 30 80 (85% liquids) 100 (75% liquids) 56 (99% liquids) 250 (65% liquids) IP 365 32 (85%…
Timing 12 Growth through strategic acquisitions and through the drill-bit Several opportunities have been identified (purchase, farm in, joint venture) Over the first 3 years, build 2 to 3 core areas characterized by well delineated…
Conclusion 13 People: Highly technically experienced management team supported and mentored by an exceptional and engaged board of directors Strategy: Growth oriented with clear financial and operational objectives Assets: Several…
Contact Information 14 Striker Exploration Corp. Doug Bailey President and CEO 403.815.7024 dbaileystrikerexp.com Strictly Private & Confidential