Exploiting Known Multi-Zone, Stacked Horizons in the Highly Prolific Deep Basin
StonePoint Corporate Profile Current Shares Outstanding 213.5 MM Expected Rights Offering (5:1) 5.4 MM Warrants(1) 54.1 MM Stock Options(2) nil Total Diluted Shares 273.1 MM Insider Ownership (Basic / Diluted) 24% / 37% Market…
Blueprint for Success Solid Team 185+ years of combined experience, each with over 20 years of experience Proven management team with strong technical and operational background Pioneers in Wilrich (first in industry to drill Wilrich…
Leadership Team Major Oil & Gas Midstream Jr/Int Oil & Gas Steve VanSickle Geologist VP VP, President, CEO President & CEO Major Oil & Gas Midstream Jr/Int Oil & Gas Dave Summers Engineering COO, VP VP, COO Chief Operating…
Technical Successes Pioneers in a number of key plays, deep basin and elsewhere Drilled first Wilrich Hz well in the basin (2009) Drilled first Nordegg Hz well in the basin, one of the deepest horizontal wells in the basin at the time…
Wilrich Success First to drill a Wilrich horizontal in 2008 Identified prolific Wilrich resource play Grew production at annual growth rate of 88% in first three years Peak production rate of 8,000 boe/d Operational / economic…
Columbia Harlech Grew production from 100 boe/d to 4,500 boe/d Explored and developed area with multi zone vertical wells Applied horizontal technology to exploit additional formations Opportunistic land accumulation Actively…
Stacked Horizons in the Deep Basin Cardium Extensive, predictable resource play with substantial upside exploitable via horizontal, slick-water frac technology Currently being developed by PennWest Petroleum, Bonavista Energy, Peyto…
Stacked Horizons in the Deep Basin Multiple stacked opportunities in concentrated area: Over 10,000 (2,000 Hz, Producing Zone of Wells Dunvegan 1,009 8,000 Vt) wells drilled in 11 Codotte 217 productive zones Notikewin 230 Average…
Target Economics Analyzed type curves of key productive zones in the Deep Basin Wells tend to be highly economic with success: Costs range from 3.5MM to 4.3MM Resulting IRRs from 50% to 100% NPVs in excess of 2.8MM in each of the key…
The Opportunity Numerous companies looking to divest of non-core assets in order to pursue capital intensive resource plays Considerable capital required to overcome initial decline curves Sellers are monetizing neglected assets to…
Typical Economic Life Cycle Value Resource Plays Value Capture Opportunity Neglected Capture Conventional Plays Time Typically as a play moves from exploration to delineation and finally to full development value…
The Plan Targeted Acquisitions Path Forward 3,000 to 4,000 boe/d range, cash flow of Look to recapitalize an existing public oil & 40-50MM gas company 3-5x cash flow Complete initial…
APPENDIX 15
Leadership Team Steve VanSickle, President & CEO 28+ years of industry experience in exploration, production, strategic planning and portfolio management Co-founder Canadian Midstream Services and Fairborne Energy Vice President with…
Leadership Team (contd) Dave Cymbalisty, VP Engineering & Production 29+ years of experience in all aspects of engineering and operations Vice President with Ionic Energy, Pan Ridge Oil, Fairborne Energy and Santonia Energy Mr.…
Board of Directors James V. Bertram Chief Executive Officer of Keyera Energy Corp. since 1998 Previously Vice President Marketing Worldwide at Gulf Canada and Vice President Marketing Amerada Hess Canada Currently serves on the Board…
Board of Directors Bob Hodgins Most recently, from 2002 to 2004, he served as the Chief Financial Officer of Pengrowth Energy Trust. Beginning in 1998, he was Vice President and Treasurer of Canadian Pacific Limited. Prior to that he…
ABBREVIATIONS Oil and Natural Gas Liquids Natural Gas Bbl barrel Mcf thousand cubic feet Bbls barrels MMcf million cubic feet Mbbls thousand barrels Mcf/d thousand cubic feet per day MMbbls million barrels MMcf/d million cubic feet per…
Analogous Information Certain information contained herein may be considered analogous information as defined National Instrument 51-101. Such analogous information has not been prepared in accordance with NI 51-101 and the Canadian Oil…
Rights of Action for Damages or Rescission In the event this corporate presentation is considered an offering memorandum, purchasers of securities in Ontario, Manitoba and Saskatchewan will have a statutory right of action, which is…
Rights of Action for Damages or Rescission Manitoba If this corporate presentation is considered an offering memorandum, (which term, unless the context otherwise requires, includes any amendment to it and any advertising or sales…
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