Hawk Exploration Ltd. December 2014 Hawk Exploration Ltd.
Profile Emerging Exploration Company Listed on TSX Venture Exchange under HWK.A Proven Management Team Returned 350% AT in 1st venture (Hawk Oil) Added 3,000 boed at F&D = 4.37/boe Returned 454% AT in 2nd venture (Hawk Energy)…
Management Team President, CEO and Chairman Hawk Energy Corp. (2003-2006) Steve Fitzmaurice President, CEO and Chairman Hawk Oil Inc. (1996-2003) President & CEO Prior thereto Morgan Hydrocarbons (93-96) & Imperial Oil (82-93) VP…
Board of Directors Steve Fitzmaurice P Eng. President, CEO and Chairman of Hawk Exploration Ltd. Director John Wright President, CEO and Director of Lightstream Resources Ltd. P Eng., CFA Chairman of Touchstone Exploration Inc. and…
Growth Strategy Drilling Focus Focus on areas that Management knows well Forest Bank Moderate Risk/Moderate Reward Eureka Low cost operator Limit Share Dilution Hawk Exploration Ltd.
Steady Growth Profile Hawk Exploration Ltd.
Strong Netbacks due to Low Op Costs Hawk Exploration Ltd.
Drilling Opportunities Forest Bank Vertical Heavy Oil Eureka Area Vertical / Horizontal Heavy Oil Rush Lake Vertical / Horizontal Heavy Oil Yonker Vertical Heavy Oil Hawk Exploration Ltd.
Lloydminster Block Heavy Oil Area Hawk continues to build on its land base. Current Lloyd Block net production of 550 bopd is growing. Hawk Exploration Ltd.
Forest Bank Vertical Project Hawk has recently farmed into 2.3 Sections of land in Forest Bank Detailed geological mapping suggests numerous locations in McLaren, Waseca and Sparky Formations Have shot 5 km2 of 3D seismic over…
Forest Bank Development Plans Hawk has drilled its first well (green circle) which encountered pay in the Sparky, Waseca and McLaren zones. Current gross production = 65 bopd Hawk has recompleted its first well (green star) in the…
Eureka Mannville Project Eureka Mannville pool was discovered in 1984 and quickly developed with vertical wells. Pool has produced 1.2 million barrels from 10 producers and is still going strong. Flat production profile. Hawk…
Eureka Mannville Project Hawk has acquired/farmed into 4 sections of land over prospective channel. Drilled first well (16-12) in Q4/13 extending pool south by one mile. Well is producing 15 bopd. Mannville Potential: 15-40 bopd…
Eureka Mannville Project Hawk has drilled two additional wells in 2014, the 1-13 vertical well which encountered 21 metres of Basal Mannville pay and the 13-18 horizontal well. Current Production: 16-12 VT 15 bopd 1-13 VT 20…
Eureka Mannville Project If Hawks existing HZ well continues to perform, there are numerous potential horizontal locations identified. Hawk Exploration Ltd.
Rush Lake Sparky Project Hawk has recently drilled a slant well under the North Saskatchewan River offsetting Huskys SAGD Project. Well confirmed geological model that sand channel continues southwest onto Hawk lands. Current…
Rush Lake Sparky Project Future development plans include shooting 2D seismic and drilling horizontal wells into channel. Sparky Potential: 40-60 bopd Vertical 75-125 bopd Horizontal 75-125 MSTB Hawk Exploration Ltd.
Yonker McLaren Project Hawk recently acquired one section of land on a McLaren sand prospect. An analogous pool nearby has produced 360 MSTB from four wells. Seismic will be acquired on this new discovery to determine extent and…
Yonker McLaren Project Hawk then drilled a discovery well at 11-9 which is currently producing 65 bopd. Potential to drill another 8 development wells McLaren Potential: 50-75 bopd 50-100 MSTB Hawk Exploration Ltd.
2014 Q4 Snapshot A shares outstanding 45,575,952 Debt (1) 9.4 million (2) Credit Facility 13.5 million Current Production 750 boe/d (97% oil) 2014 Capital Budget 10 million (1) Unaudited estimate at September 30, 2014 (2)…
Net Asset Value (M) Proved plus Probable PV10 (at Dec 31/13) (1) 42,859 Undeveloped Land and Seismic 6,769 Net Debt (9,400) Proceeds from Options 1,614 Net Asset Value 41,842 Fully diluted Class A Shares 50,102 NAV per fully…
Why Invest in Hawk Exploration Proven Management Team Returned 350% and 454% AT in last ventures Solid business plan refined in last two ventures Growth Potential Excellent inventory of opportunities Base value creation via…
Contact Information Hawk Exploration Ltd. Suite 1320B, 396 11th Ave SW Calgary, Alberta T2R 0C5 Phone: (403) 264-0191 Fax: (403) 263-9076 Website: www.hawkexploration.ca Hawk Exploration Ltd.
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