Artek Exploration Ltd. BALANCE . IMPACT . UPSIDE SHAREHOLDER VALUE DECEMBER 2014 TSX : RTK
Transition Year for Artek Inga Focus Establishing Platform with Scale for 2 High Impact World Class Liquids Rich Gas Plays on Key Marketing Corridor at Inga B.C.: Q3/2014 Inflection point - 42 mm invested in Land and Infrastructure…
Artek Big Liquids Rate Wells 2014
Artek Corporate Profile Stock trading: 52 week range 1.51-4.65/sh TSX : RTK Enterprise Value 280 MM Basic shares (post June/14 issue 10.0 MM shares at avg. 4.29/sh): 77.9 MM F.D. shares: 83.6 MM Management & Directors control…
J I Operating Areas G H R9 R4W6 R24 R19 R14 R9 R4W5 R24 R19 Year round access with mature facilities and T90 pipeline infrastructure 2 main operating areas provide balance in risk, T85 depth/cost, and oil and liquids vs.…
2014 Guidance Arteks H2 2014 Investment Plan and long term Plan aims to strike a balance between Inga Doig Play Development and infrastructure investment and the validation of Arteks significant exploration upside in the Inga Montney play…
Inga, B.C. Infrastructure Optionality 2 1F A 1 F A F A K A F AF A 4 F AFA 3 2 W F A F A F A K A F A AF FA AFA F A F A AF F F AA F A AF F DF AF F A A F F AF A AF A A K A F AF F AF F A AF F A…
Inga Area Stacked Resource Gems W. Canada Northwest Plains Stratigraphic Chart Stacked Doig and Montney fine grained marine sandtones/siltstones overpressured at 1700- 1800m depth Horizontal Drilling and Multi-Stage Frac technology…
K Inga, B.C.- Doig Liquids Rich gas J I L K J Doig Liquids Rich Gas Resource + Exploration C I E C G K F K G K Operate 93,157 gross acres: 125 secs are Doig rights at 59% avg. W.I. - JV partner Kelt Exploration U C E F…
Inga Doig Exceptional liquids yield V L J K F J I A G L K I G K C G G I F Inga Results: G Artek Inga 3D Avg. test rate 1,500 boe/d P/L & Facility: G liquids ratios 150-300+ bbls/mmcf 30 mmcf/d F F K…
Doig Slickwater Fracing Peformance Slickwater Doig fracs vs Pre Water Fracs Production Comp 1,600 1,400 Average PreWater Fracs B13-16 Slick Water 4-33 Slick Water 11-16 Slick Water 1,200 Gross Free Condensate (bbl/d)…
Next Growth Phase: Montney Montney Regional 280m of Total Montney Isopach at Inga Overpressured at 12 kPa/m (30-40%) at Inga at 1800m depth & 22-26 MPa Artek Inga Lands 280m Montney isopach Multiple Montney targets Upper , Middle,…
RTK: Montney Resource Liquids Rich G H R11 R6 R1W6 R21 R16 K FF F K AA C FG GG GF CF F G F G G G GF C G C A GG GG GGG G F G G GK C G G C G G C K K K F C K F ACA G G G C FC C G G G J EEE G G G K AC G F C C K A K C G F FK KC…
Inga, B.C. Montney Activity H Exploration Upside W OGC Wet Gas RTK Operates 93,157 gross acres or 146 W Window gross sections (86 net) of Montney land Liquids Rich Window from 11 gross sections in 2010 Progress Town/Gundy…
Inga, B.C. Montney Emerging Development U C Blueberry F G 100-180 2-3mmcf/d bbls/mmcf C G CV CV GVV ARC Mont Hz Industry Hzs G All Artek lands in super charged liquids yield F F B-71-d cum 164 mboe L G S CC F L U L…
Slickwater Montney Results Progression B10-17 and A-65-I Rate vs Time Comparison 1600 A-65-I Total Sales boe/d A-65-I Free Liquids only bbl/d 1400 B10-17 Total Sales boe/d B10-17 Free Liquids only bbl/d Slickwater Completion…
Inga - Montney Results/Value Potential RTK wells vs Blueberry & Tower - Montney Arteks A65-I Montney well tests 1447 boe/d 1,000 Ave Hz Type Curve (900 bbl/d condensate) IP 30= 903 boe/d RTK A65-I Hz IP30 = 903 boe/d (600 bbl/d…
Artek A65I vs best Montney wells BC IP(30) - Total Boe's IP(30) - Free Liquids BC Montney Hz's BC Montney Hz's RTK A65I 1,800 Strike 1 600 RTK A65-I Top 33% Strike 2 RTK A65-I Best 1,600 Strike 3 500 1,400 Strike 4 IP(30)…
Undrilled - Upside Potential Undrilled 2013 2P NAV (1) Unrisked Potential (2) Third Party Engineering Value: (1) 2,500 Dec. 31/2013 Proven 2P 2P Oil &Liquids (+assoc. gas) only Reserves 183.2 390 330 2,000 BTPV10 MM NAV/sh…
Advisory Natural gas & liquids reserves & volumes are converted to a common unit of measure on a basis of six thousand cubic feet (mcf) of gas to one barrel (bbl) of oil. Disclosure provided herein in respect of barrels of oil equivalent…
TSX : RTK www.artekexploration.com
APPENDIX
Leduc Woodbend, AB Cash Flow 4 3 R26W4 2 1 9 T49 Glauconite Oil Cash Engine Artek Operates Glauc. unitized oil pool 40% W.I. Artek Battery & gathering Sold (219 boe/d) Q1 2012 for 19.5 MM = 89,000/boe/d; 28/boe 2P 33 34 35…
New BC Royalty Credits Impact 1,400 Montney Hz's Artek Doig and Montney Horizontals 1,500 2,000m yield Doig Hz's - New Royalty benefit of 0.7 MM - 0.96 MM Value increase of 8-10% - Approximately 3 month payout acceleration 1,200…
2014 Hedges Volume Price (CDN) Term 200 bbls/d 101.30/bbl Cdn. Cal 2014 200 bbbls/d 100.20/bbl Cdn. Cal 2014 2,000 GJ/d 3.40/GJ April 1, 2014 October 31, 2014 2,000 GJ/d 3.50/GJ April 1, 2014 October 31, 2014 2,000 GJ/d 3.67/GJ April 1,…
*Artek is a Junior E&P co. incorporated in 2005 - public on TSX in 2010 Management Team Darryl Metcalfe - President & CEO 28 years: Ketch, AEC, Conwest Darcy Anderson VP Finance & CFO 28 years: Pegasus, Mustang, Barrington Bruce…
Analyst Coverage Peters & Co. Ltd. Cormark Securities Inc. National Bank Financial GMP Securities LP Raymond James Clarus Securities Dundee Capital Markets FirstEnergy Capital Corp.
W. Canada Condensate Demand/Pricing Q1/14 Condensate avg. C113/B (US6.75/B premium to WTI)
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