Additional Disclosure Barrel of Oil Equivalent BOE may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf : 1 bbl is based on an energy equivalency conversion method primarily applicable at the burner tip…
Corporate Strengths Light Oil and liquids-rich gas assets Cardium light oil Doe Creek oil Elkton light oil Mannville sand liquids-rich gas Experienced management team Gas reserves and prospects positioned for price increases…
Corporate Snapshot - Financial As at May 31, 2014 Ticker Symbol (TSX Venture Exchange) KEC Share Price (30 day average) 0.06 Shares Outstanding (Basic) 93.6 million Options (average 0.45) 6.7 million Market Capitalization 5.3…
Kallistos Core Properties Pembina 2P NPV10 (1) 12.5 million , 486.2 Mboe Mostly developed Valhalla 2P NPV10 (1) 3.6 million, 271.4 Mbbl Valhalla 1.5 net undeveloped sections on trend Minnehik 2P NPV10 (1) 3.5 million, 299.8 Mboe…
Company Snapshot - Operational 1.43 million boe Proved + Probable Reserves (1) 69% light oil 26.1 million Proved + Probable Values NPV 10% (1) 58% proved producing Proved & Probable Developed Producing 18.0 million Values NPV…
Leadership Robyn Lore Glenn Gradeen, P. Eng President & CEO, Director Director & Chairman Curtis Hartzler, P. Eng Steven Cloutier, LLB Vice President Operations Director Greg Florence, CMA Martin Hislop, CA Chief Financial Officer…
Business Strategy Identify resources Proven oil reservoirs with available infrastructure Established play types Establish a major land position Contiguous High working interest Operated Apply proven technology Conventional…
Achievements Proved and Probable Developed Producing Reserves 18.0 million (1) Pembina Cardium Current production 90 boed (74% oil) (2) Valhalla Doe Creek Current production 41 bopd (2) Further development potential Alderson…
Achievements cont. Development Opportunities Minnehik Cardium 2 locations Proved and Probable reserves assigned (1) 3-6 additional locations Crossfield Elkton light oil discovery: 3D seismic defined; adjacent analog wells; Sproule…
2014 - 2015 Corporate Plan Sell pipelines Complete JV terms on Minnehik Cardium lands Drill Minnehik Cardium HZ oil development wells Review and evaluate corporate combinations Further evaluate Crossfield Elkton and Mannville Drill…
2014 - 2015 Capital Program Project DCC&E (1) IP (2) P+P Reserves P+P Values (M) (BOPD) (MBBL) (3) NPV10 (M) Crossfield Elkton 16-26 Well Drilled Sproule pool est. OIIP 8.4 MMbbl (6) Crossfield Elkton HZ well 2,000 (4) Minnehik Cardium…
Elkton Analogs (1) WELL Max Rate Cum Oil bopd Mbbl D Pool 2,233 mbbl oil 16-14 1,144 1,101 88.7 bcf gas 10-14 271 59 12-14 631 380 01-22 82 3.6 09-15 301 301 01-15 499 381 06-13 27 (36.7 bcf) 4.7 16-26 F Pool 718 mbbl oil…
Crossfield East Elkton Oil Pay Well Locations 16-26 Elkton Oil Discovery Sproule pool estimate of 8.4 MMbbl OIIP in oil leg (1) HZ Location (1) Sproule Elkton Report 15
Crossfield East Elkton 3D Elkton Well Locations Elkton Structure 16-26 HZ CAPEX = 2,000 M (1) 16-26 Elkton light sweet oil HZ location (1) Management estimate 100% working interest 16
Minnehik Cardium Phi-H Map R7 R6 R5 R4W5 G E I L K FF A GL G E I G G J GE T46 C K C T46 VV F K VVVV G V VVVV VVVV E EE E EE 10 E EE K G G J EAA .E 0AA 0 40. E EU F I K E J I C G J I K C E I E G G F G K…
Minnehik Cardium HZ Well Locations VVVV VVVV V VV R5 R4W5 VV E EE A GC F F K J T45 L G G F T45 E EE VV E EE E EE E EE E EE VVVV E EE E EE V VV A G G G E EE G G F A 34 35 36 E 31 32 33 34 E EE EE…
Valhalla Doe Creek HZ Development Well 1 HZ well CAPEX = 1,528 M (1) 2P NPV10 = 1,258.2 M (1) IP = 30 bopd (1) 2P reserves = 129.6 mbbls (1) (1) McDaniel Report. The estimated values disclosed do not represent fair market…
Summary Leadership, with skin in the game Cash Flow Positive Pipeline sales by end of Q3 2014 - 4.5M Minnehik Cardium Oil Development Crossfield Elkton Oil Development, 16-26 Discovery, Impactful Potential Crossfield Mannville…
Advisors McDaniel & Associates Contact: Reserves Evaluator Robyn Lore, President & CEO Norton Rose Fulbright Canada LLP (403) 237 9996 ext. 261 Legal Counsel rlorekallistoenergy.com ATB Financial Corporate Office: Banker Suite 1100, 734…