RRL Opportunity Ground floor opportunity on a growing, micro oil and gas publicly traded junior. 13MM EV 0.20/share with significant un-booked value adds Large leverage on conventional shallow oil drilling and recompletion…
Corporate Information Base NAV Relentless Resources Base Producing NPV 63.8MM shares basic, 71.1MM fully diluted Reserves Management and Directors own 38% Sproule Dec 2013/March 2014 Combined basic and 44% fully diluted Basic…
Areas of Operation Peace River Arch AB 8,200 acres Doe Creek, Charlie Lake, Doig and Montney Pine Creek/Willesden Green/Ferrier AB 14,240 acres Cardium, Viking, Second White Specs Focus Gilby AB 26,900 acres Ellerslie Glauconite…
Peace River Arch SADDLE HILLS UNIT Doe Creek Oil May 2014 Acquisition 3.0MM for 127 boed 64% gas, 1.4MM OCF 12 gross (7.4 net wells), 3 (1.4 net) non producing wells VALHALLA Charlie Lake Oil Mostly operated, mature, low decline…
Heathdale 4 sections 100 % WI , farm-in on remaining 4.5 sections 25 Mannville oil locations , 26 API crude, 1000 mTVD Historical vertical oil production on lands Bypassed pay over 4 sections 5-7 vertical wellbore shows thick…
Heathdale Development Spacing 8 wells per section 25 horizontal wells possible 3D seismic defined Glauconite channel and overbank deposit Analogous to CVE Countess - TWP 20 RNG 16 W4 Further Detrital and Ellerslie oil…
Pine Creek 6.25 gross sections at 100% WI LRE Cardium Cardium offsetting production from Torc and Longrun Bypassed Cardium pay on lands No reserve value attributed to this area Nearby gas processing facilities and good surface…
Gilby 42 gross sections Viking (1700m) and Mannville (2000m) oil prospects identified Re-entries, vertical drills and horizontal development Horizontal drilling of legacy pools and tighter halo sands ongoing in area Mannville…
Willesden Green Ferrier 16 gross sections Glauconite (2500m), Viking (2300m) and 2WS (2200m) oil prospects identified Re-entries, vertical drills and horizontal development Active horizontal licensing ongoing in area Current…
Overview Ground-floor investment of a 300 boed public company with a 500 boed near term organic growth target. Small EV provides significant leverage to share price given operational success. Low-capital recompletes de-risk plays and…
Information Reserves Sproule Auditor Meyers Norris Penny Council McCarthy Tetrault Lender Alberta Treasury Branch Relentless Resources Ltd. Suite 320, 700 4th AVE SW Calgary AB T2P3J4 403.532.4466 Email: inforelentless-resources.com…