Emerging Junior Operator in North Dakota & Montana February, 2014
Business Overview Mountainview Energy holds over 25,000 net acres in the Williston Basin and 65,000 net acres in the Pondera Project Management is based in and has had a strong focus in Montana/North Dakota with access to…
Corporate Overview Share Listing: TSX-V MVW.V OTCQX MNVWF Basic Shares Outstanding: 87.8 MM F.D. Shares Outstanding 102.8 MM * Insider Ownership: 62% Debt: 1.9 MM convertible debenture 2.50 8.7 MM drawn from revolving line of…
Management Management Executive Position Most Recent Position(s) Patrick Montalban President & Chief Executive Officer President & CEO Altamont Oil & Gas Executive VP & COO Quicksilver Resources Brent Osmond Vice President Chief…
Board of Directors & Corporate Advisors Directors Board Member Position Most Recent Position(s) Patrick Montalban CEO & Chairman of Board President & CEO Altamont Oil & Gas Executive VP & COO Quicksilver Resources Keith MacDonald…
Asset Overview ALBERTA SASKATCHEWAN Mountainview Current Production: 1,078 BOEPD (80% Oil & Liquids) (Dec 2013) Land: 90,000 net acres 12 Gage Project Three Forks Play 13,800 net acres (100% W.I.) Operator Pondera Project…
Williston Basin Land Position Canada 25,800 total net acres 12 Gage 13,800 net acres Stateline 12,000 net acres 2014 proposed drilling program: 10 gross horizontals Montana Several large nearby producers North Dakota TAQA,…
12 Gage Project Three Forks play (with Bakken & Other Potential) - pace of Shallow pay zone(s) (8,200 TVD) and better reservoir development is steady between infills & new drills in the area. characteristics provide great economics…
12 Gage Project Type Curve 10
12 Gage Project Producing Wells Canada North Dakota Well 3 Olson 35-26-1H: Spud: 1/5/2013 1st prod: 4/10/2013 D & C costs = 8.5 Million Montana Well 1 Wigness 5-8-1H: Spud: 11/14/2012 Well 5 Olson 2-11S-1H: 1st prod:…
3 Well Summer 2013 Program- Operational Efficiency Heckman 7-6-1H (Farthest West Test): Spud 7/6/2013, First Prod: 9/10/2013 D&C Cost: 6.7MM 1st 30 Days of Production: Avg = 402 BOEPD (90% oil) Olson 2-11S-1H (1st Dual Pad Well):…
12 Gage Production 600 MOUNTAIN DIVIDE 2013 THREE FORKS WELLS 30 Day IP 60 Day IP 500 Average Daily Rate (BOEPD) 400 300 200 100 0 Wigness 5-8-1H Leininger 3-10-1H Olson 35-36-1H Heckmen 7-6-1H Olson…
12 Gage Project 2013 Winter Drilling Program Canada North Dakota Montana Well 7 : Reistad 14-23-1H Completing Well 8 Reistad 26-35S-1H: Completing 15
12 Gage Project 2014 Proposed Drilling Program Watkins Well BJNJ Well Pad Pad Aaberg Well Pad Diamond R Well Pad 16
Stateline Operated Stateline Project Acreage 12,000 net acres in Sheridan County, MT Anderson 11-2-1H-82% WI Permitted/Location Built 20+ initial locations identified prospective for both Bakken/Three Forks Opportunity to…
Pondera Project Leasehold/Operations Prospective formations: Mission Canyon, Lodgepole, Bakken, and Three Forks The Company has identified several conventional targets on its acreage position Mountainview Controls/Operates 65,000…
Red Creek Field 2,500 gross/net acres, operator 100% WI 91% NRI Snoose Coulee Gas Field Red Creek Field Evaluating AB Bakken 100 mcf/d 100 boe/d potential Current Production: 100 110 boe/d 35 producing wells (Madison,…
Mountainview Strengths Strong acreage position in the Williston Basin targeting the Bakken and Three Forks play 12 Gage Project 13,800 net operated acres Mountainview has drilled and completed 8 gross wells (6.64 net wells) on this…
Appendices 21
12 Gage Cross Section Map 25
SE 12 Gage Cross Section Cross Section by Ryan Thompson Prolific Petroleum, LLC; August 2012
Board of Director Bios Patrick M. Montalban: Mr. Montalban has been active in the oil and gas exploration and production industry for over thirty (30) years. Mr. Montalban started his career in the Industry as a roughneck beginning in…
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