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Corporate Presentation – Manitok Energy Inc.

Manitok Energy Inc. · Nov 1, 2014 · 25 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Corporate Presentation – Manitok Energy Inc. – slide 1
    Manitok Energy Inc. (MEI TSXV & MKRYF US OTC) Corporate Presentation November 2014
  2. Corporate Presentation – Manitok Energy Inc. – slide 2
    Why Invest in Manitok Stolberg production now at 4,800 net boe/d (55% oil) with another 250 boe/d soon to be on; non constrained and 2015 well tie-in times will be faster; An additional 2,137 boe/d (45% oil) behind pipe at Entice…
  3. Corporate Presentation – Manitok Energy Inc. – slide 3
    Corporate Snapshot MEI on TSXV MKRYF US OTC Market Capitalization at 1.71/share 120 million Common Shares Outstanding at October 31, 2014 66,132,507 Options (wgt avg exercise price of 2.05/share) 4,335,273 Insider Ownership, Undiluted /…
  4. Corporate Presentation – Manitok Energy Inc. – slide 4
    2014/Q1 2015 Entice Drilling Program Lithic Glauc Vertical & planned Hz offset wells North 2 horizontal Lithic Glauc wells tested at combined flowing rates of over 1,565 MEI Lower BQ vert well boe/d (649 bbls/d of 40 API oil); (18…
  5. Corporate Presentation – Manitok Energy Inc. – slide 5
    Successful Corporate Strategy Focus on Underexploited Conventional Reservoirs with Large OGIP Using latest drilling and completion technology to unlock reserves; Competitive Advantages in Core Areas Few companies with necessary…
  6. Corporate Presentation – Manitok Energy Inc. – slide 6
    Exceptional Production Growth Average Production Volumes by Quarter (boe/d) 6,000 Established Track Record of Successful Capital Allocation Disposition of Natural Gas Assets of Gas (boe/d) 777 boe/d for 22 million. More 5,000 Oil…
  7. Corporate Presentation – Manitok Energy Inc. – slide 7
    Growth Per Share Continues in 2014 At 1.71 per share, MEI is trading at 2.4x forecast 2014 cash flow. Annual 2014 Annual 2012 Actual 2013 Actual Increase Guidance Increase Production Annual (boe/d) 2,389 4,113 72% 4,750 4,950 18% %…
  8. Corporate Presentation – Manitok Energy Inc. – slide 8
    Normal Course Issuer bid (NCIB) - Growth Through Acquisition Buying MEI shares at less than 3.0x cash flow is accretive to shareholders Number of Price / Shares Share Total Dollars NCIB from Nov. 8, 2013 to October 31, 2014…
  9. Corporate Presentation – Manitok Energy Inc. – slide 9
    Board of Directors The People Bruno Geremia, C.A. - Chairman VP Finance & CFO, Birchcliff Energy (BIR TSX) Massimo Geremia President & CEO, Manitok Energy (MEI TSXV) Wilfred A. Gobert Retired, former Vice Chairman of Peters & Co;…
  10. Corporate Presentation – Manitok Energy Inc. – slide 10
    Experienced Management Team Massimo Geremia, President & CEO 25 years of public company experience in Oil &Gas, Real Estate and Finance; previously with Birchcliff Energy Ltd., Equatorial Energy Inc. & Boardwalk Equities Inc.; Cameron…
  11. Corporate Presentation – Manitok Energy Inc. – slide 11
    Stolberg Production Growth Manitok operates all drilling and production on its Stolberg asset. Non-operated partners include Husky Energy, Centrica, and Up to 3,100 to 4,400 net boe/d (50% oil) of Petrus Resources. potential…
  12. Corporate Presentation – Manitok Energy Inc. – slide 12
    Large Scale Opportunity at Entice New Pool Log Leads 55 have been identified. R 25 24 23 Mannville well density plotted on map Swallwell Viking Wbmn Swalwell Nisku Pools Nsku Wayne A Pool D-1 A Pool Wayne-Rosedale Glauconitic Cum…
  13. Corporate Presentation – Manitok Energy Inc. – slide 13
    Initial 90 days (BOE/D) Production 0.0 100.0 200.0 300.0 400.0 500.0 600.0 700.0 800.0 100/4-16-27-19W4/0 100/13-28-27-20W4/0 2010 102/14-28-27-20W4/0 100/4-32-26-18W4/0 100/16-15-27-18W4/0 100/2-10-27-18W4/0…
  14. Corporate Presentation – Manitok Energy Inc. – slide 14
    Multi-Stage Fracs - Key to Unlocking Variability of Reservoir Quality CVE 100/11-15-27-18W4 CVE 102/13-15-27-18W4 Vertical, deviated well, RR 2009 Horizontal Well, RR 2011 BQ (ELRL) Cum: 8,163 BO Cenovus (CVE-TSX) Operated Wells BQ…
  15. Corporate Presentation – Manitok Energy Inc. – slide 15
    Entice Lands Large Contiguous Land Base to Develop Efficient, Scalable Operations Footprint spanning nearly 9 townships (96,800 net acres) with PNG rights from the base of the Belly River to the base of the Devonian on even sections…
  16. Corporate Presentation – Manitok Energy Inc. – slide 16
    Lithic Glauc Oil Channel Discovery at South Entice 2 horizontal Lithic Glauc wells tested at T23 R25W4 combined flowing rates of over 1,565 boe/d (649 bbls/d of 40 API oil); Manitoks 15-32 and 16- 6 immediate offset, and 12 total…
  17. Corporate Presentation – Manitok Energy Inc. – slide 17
    Upcoming Central Entice Hz Lithic Glauc Oil Targets T25 R24W4 Planning to offset a vertical well drilled in 2002 which encountered 23 meters of bypassed pay in the Lithic Glauc formation; at that time, the well was fracture…
  18. Corporate Presentation – Manitok Energy Inc. – slide 18
    BQ Oil Discovery at South Entice MIDDLE Basal Quartz 2 horizontal BQ wells tested at combined flowing rates of GROSS SAND 572 boe/d (312 bbls/d of 27 to 30 API oil); ISOPACH CI 5m Depositional environment interpreted as shallow…
  19. Corporate Presentation – Manitok Energy Inc. – slide 19
    Additional BQ Oil to be tested at Entice in 2014 and 2015 Offsets the 6-16 vertical T27 R24W4 T28 R24W4 producer; 18 meters of Offsets to net sand encountered 06-16 (12m 6% porosity); Vertical well Identified trend 8 miles; 20…
  20. Corporate Presentation – Manitok Energy Inc. – slide 20
    Valuation Comparables 22
  21. Corporate Presentation – Manitok Energy Inc. – slide 21
    Why Buy Manitok Shares Today Stolberg production now at 4,800 net boe/d (55% oil) with another 250 boe/d soon to be on; non constrained and 2015 well tie-in times will be faster; An additional 2,137 boe/d (45% oil) behind pipe at…
  22. Corporate Presentation – Manitok Energy Inc. – slide 22
    Appendix
  23. Corporate Presentation – Manitok Energy Inc. – slide 23
    Cenovus Hz Well Results in Lithic Glauc Reservoir IP90 Rates Cenovus Hz Drills 2010-2013 Bantry/Cessford Glauconitic (1) NCS Multistage 600.0 (uncemented, Hybrid) 2010 2011 2012 2013 NCS Multistage (cemented) 500.0 PP StackFRAC…
  24. Corporate Presentation – Manitok Energy Inc. – slide 24
    Hedging at October 31, 2014 Subject of Notional Average Contract Contract Quantity Remaining Term Reference Strike Price Traded Oil 500 bbls/d January 1, 2014 to December 31, 2014 CAD WTI 96.00 Swap Oil 500 bbls/d January 1, 2014 to…
  25. Corporate Presentation – Manitok Energy Inc. – slide 25
    Analyst Coverage Acumen Capital Trevor Reynolds Canaccord Genuity Anthony Petrucci Dundee Capital Markets Chad Ellison Integral Capital Markets Macquarie Capital Markets Canada Ltd. Ray Kwan National Bank Financial Brian Milne…

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