Striker Investment Highlights Fundamental Value Reserves, production, cash flow Quality Asset Base Clear Growth Strategy Multi-year, lower risk light oil Acquire new land & drilling inventory exploit existing acreage 2…
Striker Profile TSXV: SKX Basic shares 32.2 MM Dilutive securities (strike price at 2.40+ / 6.0 MM expiring April 2016) 11.5 MM Fully diluted shares 43.7 MM Market capitalization (1.25 per share at September 3, 2015) 40 MM 33% Net…
2015 Guidance (Revised May 27, 2015) Forecast average full-year 2015 production: Light/medium oil (bbls/d) 1,525 NGLs (bbls/d) Natural gas (mcf/d) 100 6,150 75+ Oil equivalent (boe/d) 2,650 Hzl Location Capital expenditures…
Debt/Cash Flow Peer Comparison 2015E D/CF Universe Comparison Strip 2015E D/CF Peer Comparison Strip SKX < 1.0x Strong balance sheet: well positioned to manage Graph Notes: 1. Source: Dundee July 30, 2015. through current…
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Belly River Oil Fairway Extensive land position: Data-rich: 2,200 Belly River vert oil wells Under-exploited: only 204 Belly River hzl oil wells to date 202 gross / 155 net sections of Drilling inventory of 41 hzl locations: (3…
Belly River Land Capture 100.5 gross / 83.0 net sections Wilson Creek Project 41 gross / 26.25 net sections 3 gross / 1.25 net sections 3 gross / 1.25 net sections Q4 2014 Q1 2015 Q2 2015 Q3 2015 1.25 gross / 1.25 net…
Striker Belly River Single Well Economics Based on 45 WTI pricing, 1.75 million per hzl well and Crown royalties Proved + Probable Proved + 90 Day IP Payout Reserves Probable NPV10 ROR Tier (bbls/d) (months) (Mbbls) (M) (%) 1 7 N/A…
Striker Belly River Horizontal Well Performance Daily Rate vs. Time Chigwell 02/15-28 cum production over Cumulative Production vs. Time 23 months is 301 Mboe Brazeau 16-04 (subject to intermittent TCPL/Nova outages) Two…
Thorsby Belly River Project Thorsby Attributes 2015 CEE exploratory Belly River drill program Q3/2015 Production(1) 89 boepd (58% oil) Wells 2 producing horizontals Land 15.5 gross (15.5 net) sections Locations(2) 8 (8.0 net)…
Wilson Creek Belly River Project Multi-well battery 1,500 bpd fluid handling & 3MMcfpd gas compression Wilson Creek Attributes Production(1) 371 boepd (46% light oil) Wells 34 gross (27.4 net) producing verticals and 1…
Chigwell Belly River Project R27 R26 R25W4 G S G D F G C G C G G L K L D L 12 7 8 9 10 11 12 7 8 9 10 11 D G G J J F One high-impact Belly River Hzl T43 S E G G G F GG with follow-up potential & T43 E J J L L…
V U Brazeau Belly River Project E R9W5 V C V E G L G E K E UF One high-impact Belly River Hzl A E with with follow-up follow-up A development potential &and V 9 10 11 additional delineation…
Opportunity Driven / Execution Focused R16 R14 R12 R10 R8 R6 R4 R2W5 R26 R24W4 I T52 J T52 I J J I KII JI I J IJ II EE EE II II JI J S E T50 T50 J J E E K J ESE J E ES F JS L I E EIJ I F IEEEII K…
Striker Summary Deep value proposition Financially disciplined VALUE High torque Belly River drilling inventory DISCIPLINE Vast opportunities to expand land base GROWTH Invested and committed insiders 16 SKX TSX-V
Contact Info Doug Bailey President and CEO Corporate Partners 1.587.794.4721 Auditor KPMG LLP dbaileystrikerexp.com Reserves GLJ Petroleum Consultants Bank Syndicate TD Bank & National Bank Striker Exploration Corp. 1250, 645-7th…
Appendices 18 SKX TSX-V
Management Team Doug Bailey Over 20 years of business and financial management in E&P. Prior experience: Founder and CFO President & CEO (Director) of Hyperion Exploration, Canadian Phoenix Resources Corp. Frank Muller, P.Geo. Over 30…
Board of Directors Founder, President & CEO and Chairman of Raging River Exploration Inc. Previously was Founder, Neil Roszell President, CEO and Director of Wild Stream Exploration Inc., Wild River Resources., and Prairie Schooner…
August 2015 Capitalization Table Subscribed or CAPITAL STRUCTURE Shares Strike Price Dollars Shares outstanding pre-recap 956,948 3.92 3,750,327 Issued in June 2014 re-cap 12,500,000 2.00 25,000,000 Issued in August 2014 rights…
Sensitivities to Changing Oil Price for September to December 2015 Strip Netback in CAD WTI USbbl 30 40 (44.47 avg 50 70 SepDec 15) Revenue - Oil and Gas 23.04 30.62 34.00 38.20 53.23 Royalties (2.94) (4.21) (5.42) (5.66) (9.42)…
Corporate Reserves at December 31, 2014 (Not including 2015 Pembina and Wilson Creek Acquisitions or 2015 development activities and production) Oil & NGLs Gas Total FDC NPV Btax at 10% Net Year End Category (Mbbls) (Mmcf) (Mboe)…
VVVV Drayton Valley Cardium Oil R7W5 EE UU EE EE S F EE Nine top-tier horizontals with low-risk downspacing F A potential EE M I I S EE S EE EE EE Drilled 2 Cardium horizontal oil wells in Q4/2014 EE E E J J EE S I I…
12 Killam Lloydminster Oil L R11 K G L G R10W4 K C L K G UK U E L F G K C F K L L L G G T43 1 6 F 5 4 3 2 1 Drilled 3 Lloydminster horizontal oil wells in Q4/2014 which were 6 G F K C completed and put on…