Additional Disclosure Barrel of Oil Equivalent BOE may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf : 1 bbl is based on an energy equivalency conversion method primarily applicable at the burner tip…
Corporate Strengths Light Oil and liquidsrich gas assets Cardium light oil Doe Creek oil Elkton light oil Mannville sand liquidsrich gas Experienced management team Healthy balance sheet Gas reserves and prospects Gas reserves…
Corporate Snapshot Financial As at April 30, 2014 Ticker Symbol (TSX Venture Exchange) KEC Share Price (30 day average) 0.06 Shares Outstanding (Basic) 93.6 million Options (average 0.45) 6.7 million Market Capitalization 5.3…
Kallistos Properties Pembina Mostly developed Mostly developed 2P NPV10 (1) 12.539million , 480.9Mboe Valhalla 1.5 net sections on trend Valhalla 2P NPV10 (1) 3.639 million, 271.4 Mbbl Minnehik (2) 58 Well development Edmonton…
Company Snapshot Operational As of December 31, 2013 1.15 million boe Proved + Probable Reserves (1) 68% light oil 68% light oil 26.1 million Proved + Probable Values NPV 10% (1) 68% proved producing Proved & Probable…
Leadership Robyn Lore Glenn Gradeen, P. Eng President & CEO, Director Director & Chairman Curtis Hartzler, P. Eng Steven Cloutier, LLB Vice President Operations Director Greg Florence, CMA Martin Hislop, CA Chief Financial Officer…
Business Strategy Identify resources Proven oil reservoirs with available infrastructure Established play types Establish a major land position Contiguous High working interest i h ki i Operated Apply proven technology…
Achievements Proved and Probable Developed Producing Reserves 18 million (1) Pembina Cardium Current production 90 boed (68% oil) (2) Further development potential Valhalla Doe Creek Current production 41 bopd (2) Further…
Achievements cont. Development Opportunities Crossfield Elkton light oil discovery: 3D seismic defined; adjacent analog wells; Sproule pool estimate of 8.4 MMbbl OIIP (1) (2) Crossfield/ Harmatton 10+ locations on Cardium Trend.…
20142015 Corporate Plan Sell pipelines and complete JV financing Drill Minnehik Cardium HZ oil development wells Drill Minnehik Cardium HZ oil development wells Drill Valhalla Doe Creek HZ oil well Further evaluate Crossfield…
2014 Seven Well Capital Program Project DCC&E (1) IP (2) P+P Reserves P+P Values (M) (BOPD) (MBBL) (3) NPV10 (M) Crossfield Elkton V Well 1,400 , (5) Wells will follow Elkton oil discoveryy Crossfield Elkton HZ well 2,000 (5) (Sproule…
Crossfield Elkton 14
Elkton Analogs (1) WELL Max Rate Cum Oil bopd Mbbl D Pool 2,233 mbbl oil 16 14 1614 1 144 1,144 1 101 1,101 88.7 bcf gas b f 1014 271 59 1214 631 380 0122 82 3.6 0915 301 301 0115 499 381 0613 27 (36.7 bcf) 4.7 1626 F…
Crossfield East Elkton Oil Pay Well Locations 1626 Elkton Discover Sproule pool estimate of 8.4 MMbbl OIIP in oil leg (1) HZ L ti Location (1) Sproule Elkton Report 16
Crossfield East Elkton 3D Elkton Well Locations Elkton Structure 1626 Elkton Elkton Discovery CAPEX = 3,400 M (1) HZ 1626 Found Elkton Oil light Location sweet oil t il (1) Management estimate 100% working…
Minnehik Cardium 18
Minnehik Cardium PhiH Map R7 R6 R5 R4W5 G E I KL FFA GL G E I G G J GE T46 C KC T46 V V F K VV VV G V EE G V VV V V VV V EE 10 .E0A E E K G J 40. GE EU A E FI KE JI C JI 0 KC F KI E I E G G G 00 35 36…
Minnehik Cardium HZ Well Locations R4W5 GC K J GL G F T45 V EE G G FA 36 31 32 33 34 E E E E EE G GI A KL A FFG G GC D FC A EE EE EE E EEE EEE G E K KC F J 25 30 29 28 27 V V G E GE F C E GG KC FE…
Valhalla Doe Creek 21
Valhalla Doe Creek HZ Development Well 1 HZ well CAPEX = 1,512 M (1) 2P NPV10 = 1,258.2 M (1) IP = 30 bopd (1) 2P reserves = 129.6 mbbls (1) (1) McDaniel Report. The estimated values disclosed do not represent fair market…
Summary Leadership, with skin in the game Healthy Balance Sheet Cash Flow Positive Crossfield Elkton Oil Development, 1626 Discovery, Impactful Potential Crossfield Mannville Liquidsrich Natural Gas Development Minnehik Cardium…
Advisors McDaniel & Associates Contact: Reserves Evaluator Robyn Lore, President & CEO Norton Rose Fulbright Canada LLP (403) 237 9996 ext. 261 Legal Counsel rlorekallistoenergy.com ATB Financial ATB Fi i l Corporate Office: C Offi…