Checklist for Success Financial Stability Canamax has no debt 21mm undrawn credit facility Ability to maintain production with CF at strip pricing Drilling inventory Over 200 identified locations in 3 main areas Economic…
Growing Shareholder Value Assembled core Montney oil play large OOIP Financial and M&A competence demonstrated conventional reservoir Greater Grimshaw Completed 10 corporate/asset acquisitions Multi year inventory low risk…
Corporate Strategy Production Growth Focus on Capital value deals Efficiency (sub 1500 (better than boe/d) acquisitions) Maintain 2-3 Low Op core areas Costs Multi Year Dispose non- inventory core assets low risk…
Operating Areas Greater Grimshaw: Montney Oil 1,000 boe/d (65% liquids) 113 sections at 100% working interest 161 net drilling locations ALBERTA SASKATCHEWAN Key infrastructure ownership Wapiti: Cardium Oil 150 boe/d (86%…
Greater Grimshaw Montney Trend R9 R8 R7 R6 5w6 R5 R4 R3 R2 1w6 R1W6 25w5 R25 R24 R23 R22 R21 20w5 R20 R19 R18 R17 R16W5 T89 T89 Proven ability to develop a play A A I A I A E A AE E Dixonville T88 F T88 A Current…
Greater Grimshaw Geological Model Vertical inventory in Horizontal inventory in Montney cycles 99 wells Worsley 62 wells Nordegg Worsley Dolomite Worsley Siltstone Belloy 10
Montney Oil Properties & Development R9 R8 R7 R6 5w6 R5 R4 R3 R2 1w6 25w5 R1W6 R25 R24 R23 R22 R21 20w5 R20 R19 R18 R17 R16W5 T89 T89 T88 A L A I A F AK A I A E A AE E T88 Flood AKAL A K SE A A K F A…
Proforma Well Assumptions: Greater Grimshaw Well Type IP 30 Reserves WTI Capital ROR % Payout NPV 10 (Bbls/d) (Mstb) US/Bbl (M) (months) (M) b/tax Vertical 50 60 50 650 51 28 1,221 Vertical 50 60 60 700 67 21 1.634 Vertical 50 60…
Wapiti-Cardium Oil 9-21 Hz Cardium Well Reserve Parameters Unit Wapiti on Production OOIP (per section) MMbls 4.7 API Degree 42.0 Recovery Factor % 8.1 Recoverable Oil MMbls 0.4 Recoverable Gas BCF 1.5 Recoverable Boe MMBOE 0.7…
SE Saskatchewan: Bakken and Torquay Hardy Bakken Development 100 bbls/d of Bakken light oil production at Property Hardy (39 API) CPG CPG Main objectives: Bakken and Torquay Land Base: 48.25 gross sections (47.9 net) Average…
Production Growth Average Historical Production 2000 Includes July Acquisitions 1500 1000 Average Production 500 0 Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Current NOTE: During Q1 2015…
Experienced Management and Board MANAGEMENT BOARD OF DIRECTORS Brad Gabel President & CEO Hugh Ross Lead Director President & CEO of Involved in numerous acquisitions and divestitures (private and Prairie Storm Energy, former CEO of…
Analyst Coverage Analyst Firm & Contact Acumen Capital Trevor Reynolds (403) 410-6842 Clarus Securities Inc. Daniel Choi (403) 676-0824 Mackie Research Capital Corporation David Ricciardi (403) 260-2462 Paradigm Capital…
Consolidating Micro Caps, Exploiting Quality Assets TSXV.CAC Appendix August 2015
Brazeau River-multi-zone potential, large OOIP Canamax holds 100% WI in 2.75 Belly River Production Canamax Lands sections Deethree Lands Cardium Production 3 Producing wells Gas compressor installed to improve Mannville…
Retlaw Area RETLAW FOCUS AREA MAP Producing net 175 boe/d 75% of production is operated Large land position of 51.1 gross sections (31.9 net) Good seismic coverage on Upside lands; 56km2 of 3D and 116 km of 2D Pipelines with access…
Loading...
