l Canadian Spirit Resources Inc. Corporate Presentation September 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, either as a stand alone company or combined with another entity Montney natural gas…
FARRELL CREEK/ALTARES LOCATION PRINCE RUPERT KITIMAT CSRI lands have all season access Strategically located on pipeline infrastructure that will service LNG facilities 4
THE LANDS CSRI lands consist of 100% working interest and joint venture (Canbriam Energy Inc.) lands SECTIONS NET AVERAGE GROSS NET ACRES CSRI WI (%) CSRI 100% WI 25.4 25.4 16,248 100 JV (Canbriam) 49.9 15.3 9,796 31 TOTAL 100%…
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) 5.6 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 from 12.7 to 16.2 Kpa/m gradient CSRI…
EAST BLOCK Adjacent to Arc Resources Attachie liquids-rich production pilot 125 bbls/MMcf NGLs & free condensate JV 01-31 vertical well tested at 425 Mcf/d from a single zone frac with highly over pressured 16.2 Kpa/m gradient…
OPERATIONS & PRODUCTION CSRI operated two 100% WI horizontal wells in 2014 01-01-83-25-W6M drilled in March 2014 3,250m measured depth, 900m horizontal in Montney Land retention well for nine sections of 100% WI east block lands…
TYPE CURVE & ECONOMICS 6000 Type Well (3.7 mmcf/d) Analog Canbriam/CSRI d-40-I 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…
WEST COAST LNG PROJECTS - CLOSER TO REALITY Capacity Proposed LNG Projects (Bcf/d) Pacific Northwest LNG : Petronas, 2.6 Japex, Mitsubishi, Sinopec, Indian National Oil Co., PetroBrunei. FID anticipated H2 2015, First delivery…
FINANCIAL POSITION Cash on hand: 1.7 million No debt, no current obligations G&A burn Approximately 110 k per month Approximately 96.1 million of tax pools available June 2014 - Private Placement - Units Price: 0.50 Gross…
SHARE INFORMATION TSX-Venture Trading Symbol SPI Shares Outstanding Basic (MM) 128.9 Market Capitalization 0.25/share (MM) 32.2 Management/Director Ownership - Basic 6.9 % Major Shareholder: Elmag Investments Inc. 37.9 %…
INVESTMENT SUMMARY The Montney is one of the leading shale natural gas plays in North America that will tap into new potential LNG export markets will require a significant natural gas reserve base CSRIs assets represent a…
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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