Forward-Looking Statements Certain statements contained in this presentation constitute forward-looking statements. The use of any of the words anticipate, continue, estimate, expect, may, will, project, should, believe, and similar…
Corporate Profile TSX Venture Exchange ARW OTCQX ARWJF Basic Shares Outstanding 61.8 Million Warrants Outstanding 5.1 Million Options Outstanding 4.3 Million Fully Diluted Shares Outstanding 71.3 Million Insiders & Founders Group…
Aroways Team MANAGEMENT DIRECTORS Chris Cooper, BBA, MBA, President & CEO Desmond Balakrishnan, LL.B., Chairman Experience - 16 years - Founded several, successful, Experience Partner with McMillan LLP since 2004. junior oil and gas…
Corporate Strategy Continue to develop low risk long life conventional production in core areas. Target reliable 8 15 year life oil reserves thru JV, strategic acquisitions and/or prospects Apply production methods (primarily water…
Strategic Initiatives JV Acquire Prospect * Continue to fund and build on * Take advantage of current market for * Low cost of entry prospects that existing Peace River Arch/Worsley good assets in under capitalized are well removed…
Corporate Milestones Large Diversified Asset Base in Alberta and Saskatchewan Peace River Arch Core Area: Joint Venture - Grew from a 4 section farm-in to 110 Sections Central Alberta: 100% Owned & Operated acquired 4.75 Sections…
Worsley Operations Focused Light Oil Asset Base of over 70,000 Acres Surrounded by Majors ALBERTA Shell Canada Bonavista Energy Aroway Lands Birchcliff Energy Crescent Point Grand Prairie TAQA North Barrick Energy…
Peace River Arch/Worsley Highlights & Plan Experienced Joint Venture Partner/Operator Access to an established and experienced technical team whose proprietary seismic interpretation modeling has lead to a high success rate in the…
Leduc Formation Aroway Lands Leduc Wells 2013 potential Locations Typical Leduc Oil Well On Prod. 1990 (10 years) Oil comes in one year after Leduc Belt Prospect initial production Cum oil Prod: 200 mbbls Cum gas Prod : 1…
Charlie Lake Aroway Lands Charlie Lake Wells 2013 potential Locations Typical Charlie Lake Oil Well On Prod. 1994 (18 years) Initial production: 130 bbl/d Current production: 13 bbl/d Cum oil Prod: 128 mbbls Cum gas Prod :…
West Hazel Saskatchewan Stable Long Life Producing Property Aroway Lands Acquisition Summary Locations Purchased in November for 2,769,000. Heavy Oil (3 of 6 wells producing) Production of 268 bbl/d. Remaining oil in place(1):…
Kirkpatrick Lake Central Alberta Light Oil, Stable Long Life Production Aroway Lands Summary Primary Locations Light Oil Follow-up Locations Seismically defined pools Ellerslie EEE analog pool produced 1.39 mmbls Ellerslie EEE…
Little Bow Prospect Prospect Summary Farm-in for 100% interest for 7% GORR. Aroway Lands Drill one Glauconitic test (1500 m). Primary Location Light Oil. Step out location to Little Bow Upper Mannville pool which has produced…
Company Growth Production Growth/ MM Shares Production History & Forecast 1200 18.0 16.5 16.0 1,500 1000 Daily Production/ MM Shares 13.1 1,020 14.0 1,000 800 12.0 500 10.0 600 669 BOE/D 0 8.0 Sep-10 Nov-10…
Competitive Advantage Oil weighted production Above industry IRRs All 3 areas of operations Peace River Arch, Western Saskatchewan and Central Alberta Between 300% and 500%; compare this with the majors who see somewhere between…
Corporate Information CONTACT INFORMATION Chris R. Cooper Judy-Ann Pottinger President & Chief Executive Officer Director of Communications Telephone: (604) 304-4087 Telephone: (604) 304-4090 Cell: (604) 307-8290 Cell: (604) 617-5290…
Loading...
