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2014 ANNUAL GENERAL MEETING – Raise Production Inc.

Raise Production Inc. · Oct 2, 2014 · 8 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. 2014 ANNUAL GENERAL MEETING – Raise Production Inc. – slide 1
    October 2, 2014
  2. 2014 ANNUAL GENERAL MEETING – Raise Production Inc. – slide 2
    Key Milestones Achieved During the last year Raise made some material strides forward: System Deployment / Retrieval: 5 deployments and 3 retrievals of horizontal wellbore production system (System): No running/retrieving issues…
  3. 2014 ANNUAL GENERAL MEETING – Raise Production Inc. – slide 3
    Support For System Theory Important information gathered from field deployments: Demonstrated higher fluid levels Higher shut in pressures Visible water production Encouraging short term intermittent flow rates Quicker recovery…
  4. 2014 ANNUAL GENERAL MEETING – Raise Production Inc. – slide 4
    Challenges Plan to be commercial in 2Q 2014 was delayed because of a component issue: Last 4 System deployments experienced identical malfunctions 3rd party component issue identified: Path to identifying malfunctioning component was…
  5. 2014 ANNUAL GENERAL MEETING – Raise Production Inc. – slide 5
    New IP Added to Portfolio Necessity is the mother of invention: Challenges experienced during first System deployment drove Raise to innovate 80 year old technology Raise vertical lift solution: Raise patent pending components…
  6. 2014 ANNUAL GENERAL MEETING – Raise Production Inc. – slide 6
    Steps to Commercialization Hires : Manufacturing Manager Purchasing Agent Assembly / Deployment Supervisor Inventory control system Lean manufacturing processes Qualification of 3rd party machine shops and part vendors 7
  7. 2014 ANNUAL GENERAL MEETING – Raise Production Inc. – slide 7
    1. Overcome Part Challenge Anticipate Oct/Nov 2014 2. Re-Deploy System in Wellbore 2 Target Dec 2014 3. Commercialize Vertical Lift Business Ongoing 4. Design & Testing of System Version 2.0 Work already underway Electric…
  8. 2014 ANNUAL GENERAL MEETING – Raise Production Inc. – slide 8
    2620, 58th Ave SE Calgary, AB T2C 1G5 403-699-7675 raiseproduction.com Scott Riddell, VP Business Development Eric Laing, CEO Susan Scullion, CFO sriddellraiseproduction.com elaingraiseproduction.com…

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