DISCLAIMER This presentation has been prepared by Calima Energy Limited (Company), based This presentation is presented for informational purposes only. It is not intended on information available as at the date of this presentation. The…
2 INTRODUCTION TO CALIMA Capital Structure Ordinary Shares 1,444 M Management Perf. Equity(1) 55.5 M Market Capitalisation(2) 67 M Cash & Securities (no debt)(3) 21.4 M Montney Shareholders 72,000 acres of Montney drilling…
THE MONTNEY Today Biggest oil and gas play in Canada which ranks alongside the best of the US plays. 3 C5 billion per year upstream investment and active M&A market. MONTNEY Estimated remaining reserves as at 2014 - 449 tcf of…
MANAGEMENT & MONTNEY Management Team Havoc Partners joined the Calima management team in May 2017. Five geoscientists that have worked together for 18 years. 4 Founders of Fusion Oil & Gas (AIM) and Ophir Energy (LSE). Discovered…
CALIMA LANDS Calima owns 72,000 acres of drilling rights in northeast British Columbia - The Calima Lands. Calimas gross prospective resources based on 400 well locations is 475 mmboe (1). Adjacent operator Saguaro Resources…
SAGUARO RESOURCES THE ANALOGUE Montney Producers Ranked by IRR per Well Saguaro Type Curves Saguaro is a top tier Montney producer. 114,000 acres C600 M invested. 16,485 boe/d ave. production 2018. 50 bbls/mmcf liquids yield…
2019 DRILLING 1X VERTICAL, 2X HORIZONTAL Horizontal NW Upper Horizontal SE Upper Core Interval Calima-3 Calima-2 Calima-1 Calima-1: vertical well used for stratigraphic calibration. Full suite wireline logs and 230m…
TOP QUARTILE DRILLING PERFORMANCE Time vs Depth Relationship with CWL Energy provides operations support. CWL has experience with most other Operators in the region. Permitting. Stakeholder relationships. Site construction.…
9 SCORECARD SO FAR The drilling campaign is supposed to demonstrate that the prospectivity encountered by Saguaro extends into the Calima Lands. Saguaro are a top tier Montney producer based on IRR per well. Log and core data…
PEER GROUP IP 30 AND CGR RESULTS IP30 Gas vs Condensate Gas Ratio Test Results Production testing of the Calima-2 and Calima-3 wells is about to commence Wells within 50 km of Calima sourced from IHS Accumap within the next few…
11 MONTNEY GAS CURRENTLY SOLD IN NORTH AMERICA BUT.. Montney gas currently sold in North American markets. Production at 7bcf/d has outgrown pipeline capacity. Montney gas has been priced at a steep discount to Henry Hub gas…
12 LNG CANADA LNG Canada, Kitimat BC C40 billion to be invested by LNG Canada, a consortium operated by Shell, in an LNG terminal at Kitimat on the west coast of Canada. Biggest ever infrastructure project in Canada. 13 mtpa…
13 CALIMA CLOSE TO PIPELINES Several pipeline options available. T-North There is spare capacity in a pipeline to the Jedney processing facility. Calima is close to the North Montney North Montney Mainline which will supply gas…
LNG - IMPACT ON RESOURCE VALUATIONS Queensland CBM Price Performance Introduction of LNG into Queensland had a major impact on resource valuations. Consolidation of CBM players began in mid-2005. Major international companies…
FUTURE PLANS Based on the current business plan the Company is funded through to Q4 2019. Central area has no drilling requirements until 2021. Primary focus is to build the resource inventory, deliver early cash flow and realise…
Drilling and reservoir stimulation completed on schedule and within budget. Results to date have met or exceeded expectations. Testing about to start. Un-risked gross prospective resource 475 mmboe (1) 72,000 net acres of…
Contact us: Calima Energy Limited twitter.com/CalimaEnergy 1A /1 Alvan Street, Subiaco WA 6008, Australia linkedin.com/company/calima-energy.com Tel: +61 8 6500 3270 Fax: +61 8 6500 3275 facebook.com/CalimaEnergy infocalimaenergy.com…
APPENDIX 1 - RESOURCE AUDIT BY MCDANIEL & ASSOCIATES (1) Calima Calima Lands McDaniel estimates based on 400 locations using 70% of available drainage Lands Gross area. Net Assumes a two layer development of Upper and Lower…