Emerging Light Oil Focused Junior in North Dakota/Montana November 2013
Business Overview Mountainview Energy holds over 30,000 net acres in the Williston Basin and 60,000 net acres Alberta Bakken and is targeting Bakken/Three Forks plays Management is based in and has had a strong focus in…
Corporate Overview Share Listing: TSX-V MVW.V OTCQX MNVWF Basic Shares Outstanding: 87.8 MM F.D. Shares Outstanding 102.8 MM * Insider Ownership: 62% Debt: 1.9 MM convertible debenture 2.50 8.2 MM drawn from revolving line of…
Management Management Executive Position Most Recent Position(s) Patrick Montalban President & Chief Executive Officer President & CEO Altamont Oil & Gas Executive VP & COO Quicksilver Resources Angelique Hatch Chief Financial Officer…
Board of Directors & Corporate Advisors Directors Board Member Position Most Recent Position(s) Patrick Montalban CEO & Chairman of Board President & CEO Altamont Oil & Gas Executive VP & COO Quicksilver Resources Keith MacDonald…
Asset Overview ALBERTA SASKATCHEWAN Mountainview Current Production: 1,257 boe/d (80% Oil & Liquids) Land: 90,000 net acres 12 Gage Prospect Three Forks Play 13,000 net acres (100% W.I.) Operator Alberta Bakken Stateline…
Williston Basin Land Position 36,000 total net acres 26,000 acres (100% WI, 78-80% NRI) 20% of 50,000 gross acres/10,000 net acres 80% NRI 2013 summer drilling program: 16.3 million 3 gross horizontals Several large nearby…
Mountain Divide LLC Wholly-owned subsidary of Mountainview Energy, Ltd. Owns and Controls the Companys 12 Gage Project located in Divide County, ND in the Williston Basin 13,000 net acres 35% acreage held by production Currently…
Mountain Divide 12 Gage Project Shallow pay zone(s) (8,200 TVD) and better reservoir Three Forks play (with Bakken & Other Potential)pace of characteristics provide great economics development is steady between infills & new drills in…
12 Gage Project 2013 Winter Drilling Program Canada Well 3 Olson 35-26-1H: North Dakota spud: 1/5/2013 d&c cost: 7.40 MM 1st prod: 4/10/13 Montana Well 1 Wigness 5-8-1H: spud: 11/14/2012 d&c cost: 7.76 MM 1st prod:…
12 Gage Project 2013 Summer Drilling Program Canada Well 3 Charlotte 1-12-1H: North Dakota spud: 8/8/2013 d&c cost: 6.5 MM 1st prod: 10/16/2013 Montana Well 1 Heckman 7-6-1H: spud: 7/6//2013 d&c cost: 6.5 MM 1st prod:…
3 Well Summer 2013 Program- Operational Efficiency Heckman 7-6-1H (Farthest West Test): Spud 7/6/2013, First Prod: 9/10/2013 D&C Cost: 6.5MM 1st 30 Days of Production: Avg = 441 BOEPD (90% oil) Olson 2-11S-1H (1st Dual Pad Well): Spud…
Stateline Operated Acreage Stateline (yellow) - 12,000 net acres Taqa Bakken - 100% WI Development - 78-80% NRI Medicine Lake (orange) - 9,000 net acres - Samson Operator - 80 % NRI Stateline Project Anderson 11-2-1H-82% WI…
Medicine Lake Non-Operated Acreage Taqa Bakken Stateline (yellow) - 12,000 net acres Development - 100% WI - 78-80% NRI Medicine Lake (orange)- 9,000 net acres - Samson Operator - 80 % NRI 1 Medicine Lake Project Drilled and…
Red Creek Field 2,500 gross/net acres, operator Evaluating AB Bakken potential Snoose Coulee Gas Field Current Production: 100 120 100 mcf/d boe/d Red Creek Field 35 producing wells (Madison, 120-130 boe/d Lower Cut Bank…
Montana Alberta Bakken Drilling Activity Bill Barrett Corporation, Anschutz Exploration , and Occidental Petroleum/ Primary Petroleum have recently been drilling Bakken/Three Forks wells in the area Montana Board of Oil and Gas…
2013 Summer Capital Program Capital Program Drilling: 3 gross Horizontals 12 Gage Project: 16,100,000 (3 Gross Horizontals) Medicine Lake Project: Operator is currently evaluating project Stateline Project: Drilling to start in…
Mountainview Strengths Strong acreage position in the Williston Basin targeting the Bakken and Three Forks play 12 Gage Project 12,579 net operated acres 21 initial locations with the potential of 84 total drilling locations…
Appendix 21
12 Gage Cross Section Map Williston Basin 26 25 25 30 29 28 27 28 27 26 164 N 99 W 27 26 25 30 29 164 N 103 W 164 N 102 W 31 32 164 N 101 W 33 34 35 36 31 32 164 N 100 W33 34 35 36 31 32 33 34 34 35 36 31 32 33 34 35 36 X…
NW SE KNUDSVIG 14-1 Louisiana Land & Expl T161N R100W S1 9/13/1985 REISTAD 1-1 MOSSER 32-30 Tenneco Oil Co Louisiana Land & Expl T162N R102W S1 T163N R100W S30 PEDERSON 14-9H 2/19/1982 1/11/1985 Kodiak Oil & Gas T163N R102W S9…
Mountainviews Stateline Cross Section Middle Bakken Silt actually thickens to the North Wells used in Cross Section are relatively close the Mountainview Acreage Cross section/Core studies shows that Mountainview acreage is…
Management / Director Bios Patrick M. Montalban: Mr. Montalban has been active in the oil and gas exploration and production industry for over thirty (30) years. Mr. Montalban started his career in the Industry as a roughneck beginning…
Loading...
