Crew Energy Inc. Corporate Presentation July, 2014 RESOURCE FOCUS OPPORTUNITY SUSTAINABILITY
Investment Attributes Resource Focus: World class Montney resource 109 TCFE TPIIP Significant contiguous land positions 826,400 net acres of land 72% undeveloped Opportunity: Well positioned to take advantage of new and evolving…
Continuing Execution of Strategy B.C. Alberta Sask. Montney Acquisition 105 million purchase price 48,100 net acres (75 net sections) 1,400 boepd production (98% natural gas) Montney NGL Rich Gas/Oil 8.5 mmboe 2P reserves* 15…
2014 Budget Summary 2014 Cash Flow (CF) (mm) 200 CF/diluted share 1.67 E&D Capex (mm) 285 2014 Hedging Summary Volume Period Derivative Reference Price Well Count (net) 71 Natural Gas Year-end bank debt and working capital (mm) 204…
B.C. Montney Core Acreage Consolidation Goose Attachie West Septimus gas plant Q3/15 Septimus Portage Crew operated Septimus gas plant Tower Groundbirch Alliance Septimus meter station Planned Groundbirch gas plant…
A World Class Montney Resource: 109 TCFE TPIIP 84 Miles Goose Attachie 40 Miles Planned West Septimus Septimus gas plant Q3/15 Portage Crew operated Spectra 1.0 bcf/d Septimus gas plant Tower Groundbirch…
Competitive B.C. Montney Land Position Relative Market Capitalization of Top 10 B.C. Montney Land Owners Top 10 B.C. Montney Land Owners 1800 350.0 Rank 1 by market cap Montney Sections/Market Cap (B) 1600 300.0 1400 250.0…
Septimus: Exceptional Economics Frac Port Economics* Crew A16-7, IP1 5.2 mmcf/d Capex (4.2-5.5mm) 4.7 Crew B16-7, IP1 6.3 mmcf/d 1 Month IP (boepd) 955 Sales Reserves (bcf) 4.3 NPV10 (mm) 9.3 PIR 2.1 ROR Before Tax (%) 180…
West Septimus: Extension of Septimus Trend West Septimus Plant Site Crew 7-30 (2011) Max rate: 0.84 mmcf/d, 201 bbl cond./d To date: 0.31 Bcf, 43 mbbl cond. Pine River Over pressured (14 kpa/m) Proven liquids rich gas West…
Groundbirch: Potential New Growth Area Talisman HZ license Crew 2-4 Pad June 25, 2014 IP 1.7 mmcf/d IP 0.8 mmcf/d IP 1.2 mmcf/d Crew 2-4 Pad Shell HZ standing Crew 2-4 & A2-4 cased Planned Groundbirch Shell 10 well…
Tower: Emerging Montney Light Oil Play ARC 13-8 (2011) Tower Montney Economics 51 net sections (15 wells/section) = 765 locations IP1: 389 boepd, to date: 64 mboe Capex (mm) 6.5 1 month IP (boepd) 710 Reserves: Oil (mbbls) 150…
Significant Montney Resource Upside 5 Year Plan 1.0 TCFE (241 Locations)** Remaining Contingent 4.4…
Lloydminster Heavy Oil: Strong Economics and Cash Flow ALBERTA SASKATCHEWAN CREW 02/12-30-048-05W4 Colony FRENCHMAN BUTTE BRIGHTSAND 105 bbls/d TANGLEFLAGS 20 bbl/d CLNY LLOYD UMCL SWIMMING 500 bbl/d Lloydminster 1,600…
Princess: Mannville and Pekisko Oil Plays 11-22 Battery Large contiguous land holding (290,821 net acres), Inlet 28,000 b/d emulsion high W.I. (91%) Capacity 6,000 bopd 7-8 Battery Mature Pekisko play: 11 waterfloods underway.…
Corporate Information TSX Trading symbol CR Basic shares (mm) 122.2 Market capitalization 11.50/sh (mm) 1,405 2014 YTD high trade 12.74 2014 YTD low trade 6.33 2014 YTD average trading volume per day (m) 1,143 Employee/Director…
APPENDIX RESOURCE FOCUS OPPORTUNITY PROVEN TRACK RECORD
Reserves Summary 2013 2012 % Proved plus probable (mmboe) 197 153 29% Per share (mboe/mmshares) 1,622 1,258 29% Proved (mmboe) 115 85 35% Per share (mboe/mmshares) 947 699 35% Reserve value 10% discount (2P - mm) 1,818 1,478 23%…
N.E.B.C. Montney Resource Evaluation Natural Gas Resource Categories (1)(2)(3) Tcf Total Petroleum Initially In Place (TPIIP) 60.6 Discovered Petroleum Initially In Place (DPIIP) 26.1 Undiscovered Petroleum Initially In Place (UPIIP)…
Definitions of Oil and Gas Resources and Reserves Reserves are estimated remaining quantities of oil and natural gas and related substances anticipated to be recoverable from known accumulations, as of a given date, based on the…
CONTACT INFORMATION Dale O. Shwed, President & CEO dale.shwedcrewenergy.com (403) 231-8850 John G. Leach, Senior Vice President & CFO john.leachcrewenergy.com (403) 231-8859 Rob J. Morgan, Senior Vice President & COO…