Pure-Play Pipestone Albertas Montney Growth Story March 2017 TSX-V:BBI
corporate snapshot Common Share Trading Symbol TSX-V: BBI Warrant Trading Symbol TSX-V: BBI.WT Share Price (3/14/2017) 0.53 Shares Basic 742 mm Fully Diluted 961 mm Insider Holdings (1) 18% Market Capitalization 393 mm Working…
the opportunity 1. The Asset 2. The Team 3. The Vision 4. The Plan Resource Exploitation Resource Delineation Resource Capture BBI o 114 gross (98.9 net) o Highly experienced with o Albertas Montney Growth o Execute…
blackbirds pipestone asset o One of the largest pure-play Pipestone land packages o Close to Infrastructure with egress from acreage o Expandable 10 mmcf/d facility and western gathering system CNRL o Close to services and…
the pipestone liquids-rich corridor BBI Mapping of Upper Montney Condensate Corridor (2) Encanas Mapping of Liquids-Rich Corridor (1) 58 Gross (52.8 net) sections in Encanas Super Condensate Corridor (2) BBI Mapping of Middle…
the pipestone liquids-rich corridor o 4 distinct intervals o Upper Montney / Doig A A o Upper Montney o Middle Montney o Lower Montney A 00/10-04-070-08W6/0 00/13-22-070-08W6/0 02/10-08-070-07W6/0 00/08-25-070-07W6/0…
the team Leader Garth Braun Chairman, CEO & President Finance Operations Geology Jeff Swainson, CA Don Noakes P.Eng Craig Wiebe, P.Geo CFO VP Operations VP Exploration Joshua Mann Paul Goodman Ralph Allen, P.Geo VP Business…
execution January, 2016 February, 2016 March, 2016 May, 2016 September, 2016 Drilled a 1,768 May, 2016 boe/d Middle Acquired Firm Increased 2P Acquired third Acquired 10% of Closed 28.8MM Montney well Capacity in reserves volumes…
the result: d&c costs D&C Cost D&C Cost D&C Cost (2014-2015) (Late 2016) (Late 2016) 5-26, 6-26 and 2-20 02/2-20 3-28 10 million 5.5 million 5.2 million 10 TSX-V: BBI
driving innovation with stage completions Stages Bowhead II Technology is designed to achieve the following benefits: Blackbird has acquired a 10% indirect interest in Stage Completions Inc. (Stage) Longer Laterals and Longer…
the result: completion optimization Stage Completions Sliding Sleeve 20 Days 20 Days 2.55 Days Completion Completion (BBI 3-28 well) Program 1 Program 2 56 stages (5-26 and 6-26) (2-20) Plug & perf cluster Sliding Sleeve 1.87…
the result: 14-day ramp up period Blackbirds first four wells (5-26, 2-20, 102/2-20, 6-26) produced during a 14 day ramp up phase for the following number of hours per day until a temporary third-party plant shut-down (resumed…
result: building shareholder value Blackbird Energy Inc. awarded 2017 TSX Venture 50 Top Oil & Gas Company Blackbird Energy Inc. vs. S&P/TSX Capped Energy Index 600 500 495 400 300 205 200 233 100 103 129 100 79 129 100 48…
strategy meets vision Focused on utilizing top-tier operational resource and play Strategically acquire innovative practices and focused assets with technologies to produce execution and focus with early leading edge economics…
vision 2021: albertas montney growth story o Blackbirds goal is to become a large-scale, low cost producer by 2021 through access to low-cost capital, innovation and continued operational achievement o Blackbird has entered into a…
vision 2021 plan: develop & delineate Northern Multi- Interval Delineation Block (Tie-In 2019) Western Eastern Multi- Development Block Interval Delineation Goal: prove multiple intervals Block (Tied-In) across entire land…
report card What were / are our goals What did we achieve Delineate multiple Montney intervals across a large Drilled six wells in multiple intervals development block Tie-in to initial production Currently producing and cash…
corporate social responsibility Corporate Social Responsibility is critical to gain social license to operate in any community Tree Planting Program: focused on reclaiming boreal forest and replacing trees we take down; Planted…
appendix: management Name & Title Experience Garth Braun is a seasoned oil and gas executive with over 13 years of oil and gas experience combined with 30 years of diversified business experience in finance and real estate. Over the…
Blackbird Energy Inc. Blackbird Energy Inc. 400, 444 5th Avenue SW Calgary, Alberta T2P 2T8 Garth Braun Chairman, CEO & President Tel: 403.699.9929 ext. 101 Cell: 403.500.5550 Email: gbraunblackbirdenergyinc.com Jeff Swainson…
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