RedWater Energy Corporation December 2013 Investor Update TSXV: RED January 4, 2014 Confidential Confidential
RedWater Profile Key Metrics Listing TSXV: RED Q3 Production Shares Outstanding 40 million Current Production 300 boepd (60% Oil) 52% OIl 48% 2013 Q3 Production 263 boe/d and NGL Natural Gas Oil + NGLs 137 bbls/d 756 Mcf/d…
Third Quarter Highlights Average production of 263 boe/d (52% crude oil and liquids) Q3 13 RedWater production increased 26% from Q2 13 Funds flow from Operations of 70,000 Focus on operational efficiency and capital discipline…
Business Outlook Continued development of light oil and natural gas plays Focus on monetizing existing asset base through optimizations and recompletions Use capital wisely and leverage asset base through strategic partners…
Redwater Mannville / Viking Key Formations: Mannville/ Viking/ Glauconite 29 net sections of undeveloped land Licensed battery facility 3 pools currently producing 3 drilled wells to be fracture November 2013 stimulated in…
WestLock Wabamun Key Formation: Wabamun High working working interest 100% operated Estimated 10 million barrels in place/ oil Licensed battery facility Acquired significant shut-in gas reserves with Norris…
Norris Glauconite Key Formation: Glauconite 50% working interest Long life production 3 horizontal drill locations 2 re-entries Licensed battery facility Acquired significant shut-in gas reserves with Norris…
Value Creation Strategy Focus on operational efficiency and ingenuity Maximize bang for the buck with targeted capital spending Maintain a reasonable balance sheet Provide growth through development of tight oil and natural gas,…
Independent Advisors Auditors Maureen Hamill Collins Barrow Calgary LLP 1400 First Alberta Place 777 - 8th Avenue, South West Calgary, AB T2P 3R5 Legal Counsel Robbie Grossman McMillan LLP Brookfield Place Suite 4400, 181 Bay…
Contact Gary Waters President and CEO 403.669.8113 gwatersredwaterenergy.com Kyle Francis CFO 917.676.3886 kfrancisredwaterenergy.com Corporate Office 17 Oak Avenue Okotoks, Alberta T1S 1K6 www.redwaterenergy.com…
Measurements NON-GAAP FINANCIAL MEASUREMENTS Included in this Presentation are references to certain financial measures commonly used in the oil and gas industry, such as operating netbacks and recycle ratios. These measures have no…