Forent Energy Today TSV:FEN Production Q1 2015 Reserves P+P Dec 31, 2014 Natural Gas 542 Mcf/d Natural Gas 2,354 MMcf Oil and Liquids 129 bbl/d . Oil and Liquids 1,223 Mbbl . Total (6:1) 219 boe/d Total (6:1) 1,616 Mboe BTax NPV10…
Forent Methodology TSV:FEN EVALUATE ACQUIRE INVEST Evaluated Assets in Central Acquired Three Producing Initiate Infill Drilling Alberta Properties Program Oil weighted production Integrated Twining, Wayne and Licensed four infill…
Forent Methodology TSV:FEN 5 www.ForentEnergy.com June 18 2015
Forent 2014 Results TSV:FEN Equity June 2014 YE 2014 Change Shares outstanding (basic) 188.6 MM 188.6 MM 0% Share Price 0.085 0.025 Market capitalization 16.0 MM 4.7 MM -70% Net Asset Value 2P less Debt, NAV per share 0.11 0.09…
Forent Post Deal TSV:FEN Equity July 2015 post Consolidation 20:1 Shares outstanding (basic) 15.7 MM Share Price 0.40 Market capitalization 7.85 MM Net Asset Value 2P less Debt, NAV per share 1.16 Consolidate shares 20:1…
Forent Areas of Operations TSV:FEN Red Deer March 31, 2015 Field Production Twining Provost 1. Twining: 79 boe/d Pekisko 2. Wayne: 31 boe/d Ellerslie 3. Provost: 38 boe/d Dina Drumheller 4. Montgomery Calgary Heathdale…
Twining Property TSV:FEN 10 producing wells 31 API oil from Pekisko Net Production: 65 bbl/d oil 81 mcf/d gas Oil treating facilities with gas conservation Forent has 3D seismic over these lands Recent drilled HZ wells…
Wayne Property TSV:FEN 4 producing wells 31 API oil from Ellerslie Net Production: 26 bbl/d oil & 31 mcf/d gas Single well batteries gas conserved on 3 of 4 wells Working Interest 50 % / 100 % Forent has 3D seismic over the…
Provost Property TSV:FEN 7 producing Dina wells 17 API oil Net Production: 36 bbl/d oil & 13 mcf/d gas Oil treating facilities no gas conservation Water disposal well tied to battery 100% High volume artificial lift with high…
Montgomery : High Impact Exploration TSV:FEN 23.5 gross sections Forent lands Farmed-out lands 15.5 sections held 100% (Forent WI 30-100%) Forent Proprietary all PNG 3D Seismic 4 sections held 30% to Base of Reirdon Deep…
Montgomery : Additional Locations TSV:FEN Potential Hz whipstock from 14-12 12 Additional vertical locations targeting separate naturally fractured 2WS trends Additional multi-zone potential (Belly River, Cardium, Barons,…
Heathdale Property TSV:FEN Shallow, multi-zone potential 07-32-28-07W4 Under explored Bypassed Detrital pay Few Mannville penetrations No 3D seismic 11-32-27-08W4 Complements our Vertical Detrital analog production…
TSV:FEN Corporate Strengths Base reserves are long life, low decline Reserves (McDaniel & Assoc.) Year End 2013 Year End 2014 Change Proven + Probable MBOE 1,600 1,616 1% Proven + Probable BTax NPV10 21.4 MM 22.8 MM 7% Existing…
TSV:FEN Immediate Go Forward Plan What have we done: Finalizing P&S with 1883222 Alberta Ltd. Anticipate closing in June 2015 In discussions and under Confidentiality Agreements with a number of additional merger candidates What we…
TSV:FEN Phase 1- Strengthen our Balance Sheet Forent Energy to Acquire Private Resource Company and Plans Equity Offering of Up to 1 Million Forent Energy Ltd. (TSX VENTURE: FEN) (Forent or the Company) is pleased to announce that the…
TSV:FEN Phase 2 Increase Production In the midst of chaos, there is also opportunity Sun Tzu - The Art of War The current stressed market has given us an opportunity that we have not had in quite some time, we need to seize the…
TSV:FEN Contact Richard Wade P.Eng President, CEO Office: 403.262.9444 extension 211 E-mail: rwadeforentenergy.com Forent Energy Ltd. Head Office Suite 200, 340 - 12th Avenue SW Calgary, Alberta T2R 1L5 Phone:…
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