Corporate Presentation June 2017 Manitok Energy Inc. is a public oil and gas exploration and development company focused on light crude oil and natural gas in its core areas in West Central and Southern Alberta. Its trading symbols are…
Key Highlights: Manitok Energy Inc. (Manitok) Trading Symbols - TSXV: MEI, MEI.WT, MEI.DB and US OTC: MKRYF Average Q1 2017 production at 6,300 boe/d (37% oil and NGLs), a 43% year over year increase from Q1 2016; 5 horizontal lower…
Key Achievements in 2015 & 2016 Sets Up Growth for 2017 Trading Symbols - TSXV: MEI, MEI.WT, MEI.DB and US OTC: MKRYF Successful achievements demonstrate Managements operating expertise in challenging times. Acquisitions and other…
Corporate Overview Capital Structure Trading Symbols - TSXV: MEI, MEI.WT, MEI.DB and US OTC: MKRYF Common Shares Outstanding 319,716,343 Insider Ownership (Basic / Fully Diluted) 5.8% / 10% Options (Wgt. Avg. exercise price of 0.16)…
Corporate Overview Board of Directors Bruno Geremia, CA VP Finance & CFO, Birchcliff Energy (BIR TSX) Massimo Geremia President & CEO, Manitok Energy (MEI TSXV) Keith McLeod, P.Eng. Former Director, Partner, and CEO of Sproule…
Corporate Overview Experienced Management Team Massimo Geremia 27 years of public company experience in Oil and Gas, Real Estate and Finance; President & CEO previously with Birchcliff Energy Ltd., Equatorial Energy Inc. & Boardwalk…
Corporate Overview Total Proved Reserves Up Over 190% on a BOE basis from December 2014 Corporate Reserves (1) (Gross Before Royalties) Summary of Oil and Natural Gas Reserves as at December 31, 2016 (1)(2)(3) Natural Natural Gas…
Production Growth UP and Enterprise Value DOWN Share Price will Catch up to Growth EV Growth vs. Production Growth 2014 YE Production - 2016 Q3 Production 2014 YE EV - Present EV One of few in the peer group to grow production…
Top Tier Drilling Economics at Low Oil Prices Manitok Oil Plays have Top Tier IRRs at Current Oil Prices Manitok Play Type Sensitivity to Oil Price 233% 240% 210% Carseland LG Wayne LG 180% Stolberg Cardium Basal Quartz…
Assets Carseland LG Oil Continues to Deliver Outstanding Results Infrastructure Acquisitions Will Lower Operating Costs and Increase Development Pace Carseland Lithic Glauc Oil Highlights 100% working interest and operator; Q4…
Assets Wayne LG Oil Play Successful Wayne Infrastructure Key to Lower Operating and Capital Costs Wayne Lithic Glauc Oil Play Manitok operated 1-20 Wayne oil battery with gas processing facility; 100% working interest; First HZ well…
Assets Top Tier West Central Alberta Cardium Oil Play Increased Assets in Cardium Oil Play in both Willesden Green and Stolberg in 2016 Manitok West Central Alberta Operator at Stolberg and Pembina Willesden Green; Over 40 net…
Assets Prolific Stolberg Cardium Oil Stolberg Upside Increased Significantly with Q1 2016 Acquisition and Potential EOR Plan Significant Cardium Oil Upside Going Forward_ Future locations Prolific Cardium oil trend extends to SE on…
Assets Outstanding Drilling Inventory Tremendous Drilling Value Even at Low Oil and Gas Prices Number of Net NPV 10% of Plays Drilling Each Location(1) Risk Total NPV 10% Locations (Millions) Adjustment (Millions) SOUTH EAST…
Closing Highlights Manitok Positioned Well for Future Growth Core areas are operated with high working interest (57% - 100%) and infrastructure ownership. Diversified Asset 17.0 mmboe and 28.1 mmboe of 1P and 2P reserves. 188.3 mm…
Appendix 18
Sproule Price Forecast April 30, 2017 SPROULE ASSOCIATES LTD. SUMMARY OF PRICE FORECASTS, INFLATION and EXCHANGE RATES Light Crude Oil Natural Gas and Liquids 1 WTI Canadian AECO - C Edmonton Cushing Light Sweet Henry Hub Spot…
Sproule Price Forecast - December 31, 2016 SPROULE ASSOCIATES LTD. SUMMARY OF PRICE FORECASTS, INFLATION and EXCHANGE RATES Light Crude Oil Natural Gas and Liquids 1 WTI Canadian AECO - C Edmonton Cushing Light Sweet Henry Hub…
Strip Commodity Price Deck, April 28, 2017 Created April 28, 2017 Mid-market as of AECO CAD/GJ NYMEX NG WTI WTI CAD/USD close of business USD/MMBtu USD/Bbl CAD/Bbl 28-Apr-17 CAL17 2.805 3.365 49.88 67.80 1.359 CAL18 2.651…
Loading...
