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 Oil and liquids-rich gas assets Pembina Cardium light oil Valhalla Doe Creek oil Chambery Shaunavon medium oil Crossfield Elkton light oil Crossfield Mannville liquids-rich gas Large land position (118 net…
Corporate Snapshot - Financial As at April 30, 2013 Ticker Symbol (TSX Venture Exchange) KEC Share Price (30 day average) 0.08 Shares Outstanding (Basic) 93.6 million Options (average 0.45) 6.7 million Market Capitalization 7.1…
Company Snapshot - Operational Proved + Probable Reserves (1) 1.1 million boe (70% oil) Proved + Probable Values NPV 10% (1) 22.2 million Proved & Probable Developed Producing 18.7 million Values NPV 10% (1) March 2013 Field…
Management Team and Directors Robyn Lore Glenn Gradeen, P. Eng President & CEO, Director Director & Chairman Ross Clark B.Sc., M.Sc. Geology Steven Cloutier, LLB Executive Vice President Director Curtis Hartzler, P. Eng Sandford Gauchier…
Business Strategy Identify resources Proven oil reservoirs with available infrastructure Established play types Establish a major land position Contiguous High working interest Operated Apply proven technology Conventional…
Achievements Acquisition of Cumberland Oil & Gas Ltd. Issued 32.7 million shares Valhalla and Chambery properties Included cash of 1.3 million Proved and Probable Developed Producing Reserves 18.7 million (1) Pembina Cardium…
2013/2014 Corporate Plan ERCB license process for Crossfield Elkton Oil development well Drill Minnehik Cardium oil development (2 sections 2 initial wells) Drill Valhalla Doe Creek HZ well Drill Chambery Shaunavon oil development (2…
2013/2014 Seven Well Capital Program Project DCC&E (1) IP (2) P+P Reserves P+P Values (M) (BOPD) (MBBL) (3) NPV10 (M) Chambery Shaunavon HZ 1 (4) 1,700 100 101.2 1,778.9 Chambery Shaunavon HZ 2 Analog to Chambery Shaunavon HZ 1 (5)…
Chambery Shaunavon Gross Pay Isopach New Crescent Point Wells Initial HZ 1 well CAPEX = 1,700 M (1) 2P NPV10 = 1,779 M (1) IP = 100 bopd/well (1) 2P reserves = 101.2 mbbl/well (1) (1) McDaniel Report. The estimated values…
Elkton Analogs (1) WELL Max Rate Cum Oil bopd mbbl D Pool 2,233 mbbl oil 88.7 bcf gas 16-14 1,104 1,101 10-14 271 54 12-14 631 380 01-22 82 3.6 09-15 301 369 01-15 499 381 06-13 27 (36.7 bcf) 4.7 16-26 F Pool 718 mbbl oil…
Crossfield East Elkton Oil Pay Well Locations 16-26 Sproule pool estimate of 8.4 Location MMbbl OIIP in oil leg (1) HZ Location (1) Sproule Elkton Report 16
Crossfield East Elkton 3D Elkton Well Locations Elkton Structure 16-26 Location 2 wells (1) HZ CAPEX = 3,400 M (1) Location 16-26 location is down dip in interpreted oil leg (2) (1) Management estimate 100% working…
Minnehik Cardium Phi-H Map 2 wells CAPEX = 5,532 M (1) 2P NPV10 = 3,194 M (1) IP = 152 bopd/well (1) 2P reserves = 126.1 mbbls/well (1) KEC Lands (1) Minnehik Report represents 100% in two wells. The estimated values…
Minnehik Cardium HZ Well Locations (1) Kallisto farm-in terms pays 62.5% of well costs to earn 75% working interest in two sections. 19
Valhalla Doe Creek HZ Development Well 1 HZ well CAPEX = 1,512 M (1) 2P NPV10 = 755 M (1) IP = 30 bopd (1) 2P reserves = 124.6 mbbls (1) (1) McDaniel Report. The estimated values disclosed do not represent fair market value.…
Summary Experienced Management with skin in the game Healthy Balance Sheet Cash Flow Positive Crossfield Elkton Oil Development Pembina Cardium Development, Waterflood Implemented Valhalla Doe Creek Waterflood Implemented, Further…
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 Corporate Office: Banker Suite 1100, 734…
Working with an Experienced Technical Team Robyn H. Lore has been the President of Kallisto Energy Corp. (formerly Arrow Energy Ltd.) since August 29, 2008 and has been its Chief Executive Officer since October 2009. He was asked to come…