l Canadian Spirit Resources Inc. Corporate Presentation July 2015 TIMED FOR GROWTH
INVESTMENT CONSIDERATIONS CSRI represents a significant option value to supply natural gas to the proposed LNG projects on Canadas West Coast Montney natural gas resource focused in one core area at Farrell Creek/Altares 10.5 TCFE…
FARRELL CREEK/ALTARES LOCATION Fort St. John PRINCE RUPERT KITIMAT CSRI lands have all season access CSRi Land Sedimentary Basins Duke Energy Pipeline Strategically located on pipeline infrastructure that…
THE LAND CSRI lands consist of 100% working interest and joint venture (Canbriam) lands Petronas purchase in November 2013 of Talismans Farrell Creek/Altares interests immediately adjacent to CSRIs property valued land at 5,700 per…
THE RESOURCE & RESERVES GLJ Company Resource Assessment, February 29, 2012* Natural Gas Resource Categories Resource (Bcf) Total Petroleum Initially in Place (TPIIP) 5,550 Discovered Petroleum Initially in Place (DPIIP) 1,928…
FARRELL CREEK/ALTARES CORE AREA Strategically located in Montney resource fairway. Interest in 75.3 gross sections (48,178 acres) 5.55 Tcf total Petroleum Initially in Place (TPIIP) CSRI lands contiguous with dominant Montney…
WEST BLOCK Recent drilling bordering CSRI lands using new completion practices provides excellent delineation and validation of CSRIs resource potential and land value Over pressured Montney 12.7 Kpa/m to 16.2 Kpa/m…
EAST BLOCK Adjacent to Arc Resources Ltd. 420 Attachie liquidsrich production pilot and Crew 1536 test Four vertical JV wells validated the Montney gas fairway 131 well tested at 370 Mcf/d from single zone frac with highly…
OPERATIONS & PRODUCTION CSRI operated two 100% WI horizontal wells in 2014 118325W6 drilled in March 2014 3,250m measured depth, 900m horizontal in Montney Land retention well for nine sections of 100% WI east block lands c81H/94B1…
Type Curve and Economics 6000 Type Well (3.7 mmcf/d) Analog Canbriam/CSRI d40I well: Improved Completion (5.5 mmcf/d) 4500 Analogy Rig released April 2011, fracd Sept Production Rate, mcf/d 2011, on production Oct 2011…
MONTNEY FRAC WATER SOURCE PIPELINE CSRI owns a 25% WI (Canbriam 75% WI) in a 25 km pipeline that extends from the Williston Lake Reservoir to the Montney JV gas plant Secure access to water Government licence allows up to 10,000…
PROPOSED WEST COAST LNG PROJECTS Capacity Proposed LNG Projects (Bcf/d) Pacific Northwest LNG 2019 2.6 Petronas Japex, Mitsubishi, Sinopec, Indian National Oil Co., PetroBrunei LNG Canada 2021 3.2 Shell PetroChina,…
FINANCIAL POSITION Cash on hand: 2.0 million No debt, no current obligations G&A burn Approximately 115 k per month Approximately 96.1 million of tax pools available June 2014 Private Placement Units Price: 0.50 Gross…
SHARE INFORMATION TSXVenture Trading Symbol SPI Shares Outstanding Basic (MM) 128.9 Market Capitalization 0.30/share (MM) 38.7 Management/Director Ownership Basic 6.9 % Major Shareholder: Elmag Investments Inc. 37.9 % 15
INVESTMENT SUMMARY Montney is one of the leading shale gas plays in North America CSRI represents a significant source for long term LNG gas supply Strategic infrastructure Expandable gas plant Frac water source pipeline CSRI…
CORPORATE INFORMATION Management TSX Venture Listing Reserve Evaluator J. Richard (Rich) Couillard Trading Symbol: SPI GLJ Petroleum Consultants Ltd. President & CEO Corporate Office Bank Dean G. Hill First Alberta Place ATB Corporate…
APPENDIX 18
DEFINITIONS OF OIL & GAS RESOURCES AND RESERVES Reserves are estimated remaining quantities of oil and natural gas and related substances anticipated to be recoverable from known accumulations, as of a given date, based on the analysis…
LOWER CRETACEOUS RESOURCE PLAY 100% WI 35,856 net acres to base of Jurassic Nikanassin Formation. Lower Cretaceous Gething, Moosebar and Gates tight sand and shale resource potential. 100% WI 1.1 MMcf/d Pilot Gas Facility,…
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