Corporate Strategy 1. Exploit Gilwood assets to maximize cash flow and shareholder value For detailed information see the Corporate Presentation 1. De-risking Wabamun / Exshaw Wabamun Oil Recovery 13-7, 15-7-75-5W5 and…
Exshaw-Wabamun Regional Geology and Stratigraphy 4 2009 Exall Energy Corporation. All Rights Reserved
Exshaw-Wabamun Stratigraphy Stratigraphic Section NE AB Mannville Exshaw Wabamun 750 - 1100 m TVD Gilwood Member 1700 2000 mTVD 5
Wabamun Regional Geology Pervasive porosity development Cored Exshaw/Wabamun Planned Wabamun/Gilwood Pervasive hydrocarbon saturation wells Large area with few Wabamun/Gilwood penetrations Best access evaluated first Large…
Gilwood - Wabamun Timeline Exall Wabamun 2010-2011 13-7 Cored 8-7 and 15-7 HZ Surface 750 m Mannv Exshaw Exshaw 1080 m 1090 m Wabamun Porosity Wabamun Porosity 2007-2011 Gilwood HZ 1964-2010 Gilwood Drilling 2030 m…
Wabamun Well Tests and Oil Recoveries 8 2009 Exall Energy Corporation. All Rights Reserved
Wabamun Well Test Recoveries Sec 7-75-5W5 Wabamun Well Test Results 15-7 HZ 15-7 Post 13-7 vert 10-7 Swab Well 3m perfs HZ - 120 m Liner Recovery openhole 15m perfs Swab Rate BFPD 25 30-80 On Prod 30 0 Oil Cut % 45-55% 25-65%…
Wabamun Exploration 15-7 Oil Analysis Exall et al Mitsue 15-7-75-5W5 Wabamun HZ Production Test Sample 4 Mar 26 10
Wabamun Exploration 10-7 Oil Analysis Exall et al Mitsue 10-7-77-4W5 Wabamun HZ Production Test Dec 8, 2011 11
Wabamun Oil API Cored Exshaw/Wabamun Planned Wabamun/Gilwood wells 1. Wabamun Oil washed by Mannville water 2. Analogue to Del Bonita, Halkirk, AB Wabamun heavy oil halos 3D Seismic 12 2009 Exall Energy Corporation. All…
Wabamun Standard Core Analysis 13 2009 Exall Energy Corporation. All Rights Reserved
Wabamun - 8-7-75-5 (15-7 HZ) Core Analysis 14
Wabamun - 10-7-77-4W5 Core Analysis 15
Wabamun - 10-24-75-6W5 Core Analysis 16
Wabamun Special Core Analyses Example Thin Sections 17 2009 Exall Energy Corporation. All Rights Reserved
Blue is porosity 18 2009 Exall Energy Corporation. All Rights Reserved
Blue is porosity 19 2009 Exall Energy Corporation. All Rights Reserved
Fractures 20 2009 Exall Energy Corporation. All Rights Reserved
21 2009 Exall Energy Corporation. All Rights Reserved
SEM Scanning Electron Micrograph 22 2009 Exall Energy Corporation. All Rights Reserved
Wabamun Special Core Analyses XRD Mineral Composition Calcite (limestone) Quartz (sand or silt) 0% Clay 23 2009 Exall Energy Corporation. All Rights Reserved
Wabamun Special Core Analyses Pore Throat Size and Capillary Pressure Analysis 24 2009 Exall Energy Corporation. All Rights Reserved
Wabamun Formation Core-Derived Wettability Index Moderate to Strongly Oil Wet 30
Wabamun Formation Permeability Regain using Water and Oil Based Mud 50% Permeability loss 100% Permeability due to water based mud regain with oil based mud 50% Permeability regain with water based mud 31
Wabamun Reservoir Parameters Reservoir Parameters from Core Well 10-24-75-6 7-18-75-5 8-7-75-5 10-7-77-4 Thickness H 9.7 m 9.2 m 9.2 m 23.2m Porosity Average 11.7% 13.8% 15.1 % 14.4% Permeability Average 0.6 mD 1.3 mD 2.8 mD 3.1…
Wabamun Formation Geo-Tech Conclusions - 1. Reservoir Facies Assemblage is similar to Ladyfern, BC, and Ghawar, Saudi Arabia 2. Porosity and Permeability are conventional Low-Perm type play (not resource or shale play) 3. The…
Wabamun Formation 3D Seismic - 2012 Acquisition 37
Wabamun Formation 3D Seismic Banff-Wab Isochrone Banff Fm - Closed Highs Gas/Oil Potential 40
3D Seismic Wabamun-Shallow/Watt Mtn Isochrone (Wab Structure) Wabamun to Watt Mtn (Deep) Wabamun to Shallow 41
Wabamun Formation Future Development Plans 42
Future Development Plans Proposed Exall Drilling Program Operated WI - 73 % Avg Excellent land position 197,320 undeveloped acres 308 Sec (145,979 net acres 228 net Sec) Marten Lakes Multiple Zones GilwoodWab-Exshaw Marten Shot…
Canadian Discovery Ltd. - Wabamun Exploration Update from CEO Q1 2012 44
Corporate Information Corporate Headquarters: 400, 715 5th Avenue SW Analyst Coverage: Calgary, Alberta T2P 2X6 Toronto Office: 1700, 8 King Street East D&D Securities Inc. Toronto, Ontario M5C 1B5 Emerging Equities Inc. Website:…