Hawk Exploration Ltd. April 2014 Hawk Exploration Ltd.
Profile Emerging Exploration Company Listed on TSX Venture Exchange under HWK.A and HWK.B Proven Management Team Returned 350% AT in 1st venture (Hawk Oil) Added 3,000 boed at F&D = 4.37/boe Returned 454% AT in 2nd venture (Hawk…
Management Team President, CEO and Chairman Hawk Energy Corp. (2003-2006) Steve Fitzmaurice President, CEO and Chairman Hawk Oil Inc. (1996-2003) President & CEO Prior thereto Morgan Hydrocarbons (93-96) & Imperial Oil (82-93) VP…
Board of Directors Steve Fitzmaurice P Eng. President, CEO and Chairman of Hawk Exploration Ltd. Director John Wright President, CEO and Director of Light Stream P Eng., CFA Chairman, President and CEO of Petrobank Independent…
Growth Strategy Drilling Focus Focus on areas that Management knows well Moderate Risk/Moderate Reward Eureka Low cost operator Limit Share Dilution Hawk Exploration Ltd.
Steady Growth Profile Hawk Exploration Ltd.
Strong Netbacks due to Low Op Costs Hawk Exploration Ltd.
Peer Benchmarking Nine Month Data Ended Sept 30, 2013 Total Op Cost includes transportation costs Source: Sedar Filing Hawk Exploration Ltd.
Peer Benchmarking Nine Month Data Ended Sept 30, 2013 Field Operating Netback = Realized prices before hedging less royalty and op costs Source: Sedar Filing Hawk Exploration Ltd.
Drilling Opportunities Lloydminster Block - Vertical Heavy Oil Silverdale, Forest Bank, Neilburg, Baldwinton Eureka Area Vertical / Horizontal Heavy Oil Carruthers Saskatchewan - Horizontal Heavy Oil Battle Area - Horizontal…
Lloydminster Block Heavy Oil Area Hawk continues to build on its land base. Current net production of 500 bopd is growing. Hawk Exploration Ltd.
Silverdale Vertical Project Mapped Sparky sand trend on joint Hawk/Husky land. Developed pool with 12 vertical wells Average current production per well of 30 bopd with low water cuts. Average operating costs of 8.00/bbl Have…
Eureka Mannville Project Eureka Mannville pool was discovered in 1984 and quickly developed with vertical wells. Pool has produced 1.2 million barrels from 10 producers and is still going strong. Flat production profile. Hawk…
Eureka Mannville Project Hawk has acquired/farmed into 4 sections of land over prospective channel. Drilled first new well in Q4/13 extending pool south one mile. Well is producing 20 bopd at 35% watercut. Mannville Potential:…
Eureka Mannville Project Hawk plans on drilling a second vertical well in the pool in June 2014. Hawk will then drill its first horizontal well in the pool in September 2014. Full development plans will then be made depending on…
Carruthers Project Sand trend continuous between Carruthers and Soda Lake pools Hawk acquired crown Sand land and shot seismic to confirm structure Drilled first horizontal well in Q1/10. Currently on production at 15 bopd. Can…
Carruthers Project Drilled 2 horizontal wells offsetting successful Husky wells. Currently on production at 20 bopd each. Husky has recently licensed 8 new horizontal wells (green) Will continue to expand drilling program…
Battle Viking Horizontal Project Have mapped and acquired over 4,000 net acres of land prospective for Viking horizontal development. Viking Formation has higher porosity and permeability than offsetting Provost area. Viking…
2014 Q1 Snapshot A shares outstanding 34,480,953 B shares outstanding (1) 1,080,000 (2) Debt 7.6 million Credit Facility (3) 12.0 million Current Production 725 boe/d (97% oil) 2014 Capital Budget 10 million (1) The Class B…
Net Asset Value (M) Proved plus Probable PV10 (at Dec 31/13) (1) 42,859 Undeveloped Land and Seismic 6,769 Net Debt (7,626) Proceeds from Options 657 Net Asset Value 42,659 Fully diluted Class A Shares 36.891 NAV per fully diluted…
Why Invest in Hawk Exploration Proven Management Team Returned 350% and 454% AT in last ventures Solid business plan refined in last two ventures Growth Potential Excellent inventory of opportunities Base value creation via…
Contact Information Hawk Exploration Ltd. Suite 1320B, 396 11th Ave SW Calgary, Alberta T2R 0C5 Phone: (403) 264-0191 Fax: (403) 263-9076 Website: www.hawkexploration.ca Hawk Exploration Ltd.
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