l Canadian Spirit Resources Inc. Corporate Presentation October 2014 TIMED FOR GROWTH
INVESTMENT CONSIDERATIONS CSRI represents a significant option value to supply natural gas to the proposed LNG projects on Canadas West Coast Montney natural gas resource focused in one core area 10.5 TCFE (gross); 5.5 TCFE (net)…
FARRELL CREEK LOCATION PRINCE RUPERT KITIMAT Strategically located on pipeline infrastructure that will service LNG facilities 4
LAND POSITION CSRI lands consist of 100% working interest and joint venture lands Petronas purchase in November 2013 of Talismans (TLM) Farrell Creek interests immediately adjacent to CSRI property values land at over 5,000 per…
FARRELL CREEK CORE AREA Strategically located in Montney resource fairway. CSRI lands contiguous with dominant Montney players (PETRONAS, Crew Energy Inc. and Arc Resources Ltd.). All elements of infrastructure available for full…
WEST BLOCK Delineation and validation of CSRI resource potential by third party drilling bordering CSRI lands. Over pressured Montney 12.7 Kpa/m to 15.3 Kpa/m gradient CSRI 100% WI c-81-H well, rig released July 2014, completion…
EAST BLOCK Lands delineated by third party drilling to the north and east. Adjacent to ARC Resources Ltd. 4-20 west Attachie liquids rich production pilot. Proposed TCPL North Montney Mainline Project traverses CSRI lands. CSRI…
2014 OPERATIONS & PRODUCTION CSRI operated two 100% WI horizontal wells 1-1-83-25W6 drilled in March 2014 3,250m measured depth, 900m horizontal in Montney Land retention well for nine sections of 100% WI east block lands…
MONTNEY RESOURCE & RESERVES GLJ - Company Resource Assessment, February 29, 2012* Natural Gas Resource Categories Resource (Bcf) Total Petroleum Initially in Place (TPIIP) 5,550 Discovered Petroleum Initially in Place (DPIIP) 1,928…
MONTNEY FRAC WATER SOURCE PIPELINE CSRI owns a 25% WI in a 25 km pipeline that extends from the Williston Reservoir to the Montney JV gas plant Secure access to water Government licence allows up to 10,000 cubic meters of water per…
FINANCIAL POSITION Cash on hand: 4.0 million No debt Credit facility: 1.7 million with ATB; no funds have been drawn Monthly G&A cash expense Approximately 114,000 Approximately 91.2 million of tax pools available June 2014 -…
SHARE INFORMATION TSX-Venture Trading Symbol SPI Shares Outstanding Basic (mm) 128.1 Market Capitalization 0.50/sh (mm) 64 Management/Director Ownership - Basic 6.9% Major Shareholders: Elmag Investments Inc. 26.0% Pinetree…
INVESTMENT SUMMARY Montney is one of the leading shale gas plays in North America CSRI represents a significant source for long term LNG gas supply Strategic infrastructure Expandable gas plants Frac water source pipeline CSRI…
CORPORATE INFORMATION Management TSX Venture Listing Reserve Evaluator J. Richard (Rich) Couillard Trading Symbol: SPI GLJ Petroleum Consultants Ltd. President & CEO Corporate Office Bank Dean G. Hill First Alberta Place ATB Corporate…
APPENDIX 17
DEFINITIONS OF OIL & GAS RESOURCES AND RESERVES Reserves are estimated remaining quantities of oil and natural gas and related substances anticipated to be recoverable from known accumulations, as of a given date, based on the analysis…
LOWER CRETACEOUS RESOURCE PLAY 100% WI 35,856 net acres to base of Jurassic Nikanassin Formation. Lower Cretaceous Gething, Moosebar and Gates tight sand and shale resource potential. 100% WI 1.1 MMcf/d Pilot Gas Facility,…
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