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Corporate Presentation – BNK Petroleum Inc.

BNK Petroleum Inc. · Aug 1, 2014 · 20 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Corporate Presentation – BNK Petroleum Inc. – slide 1
    BNK Petroleum, Inc. Corporate Presentation September 2014 1
  2. Corporate Presentation – BNK Petroleum Inc. – slide 2
    BNKS OVERVIEW - Near-term production growth from Oklahoma results - 15,500 net prospective acres - Excellent well control and 3D Seismic - Good first results and showing continuous improvement - Drilling days reduced from 45 to…
  3. Corporate Presentation – BNK Petroleum Inc. – slide 3
    MANAGEMENT TEAM - Wolf E. Regener, President and CEO Mr. Regener brings over 25 years of conventional and unconventional E&P experience to BNK Petroleum, Inc.. In his role as Executive Vice President of Bankers Petroleum Ltd., and…
  4. Corporate Presentation – BNK Petroleum Inc. – slide 4
    BOARD OF DIRECTORS - Ford Nicholson, Chairman Mr. Nicholson is the President of Kepis & Pobe Financial Group which specializes in developing international energy and other natural resource assets. Over the past 25 years Ford has…
  5. Corporate Presentation – BNK Petroleum Inc. – slide 5
    BNK STATS Capitalization * 7.0 6.0 Spin out 66 MM Placement Announced Tishomingo Announced Bought deal of BNK Reserves financing at 2.20 Ticker BKX - TSX 5.0 1.85 Year End 2.40 Drilled Polish Results…
  6. Corporate Presentation – BNK Petroleum Inc. – slide 6
    HISTORY - U.S. 1st Qtr 2013 2nd Qtr 2014 Product Split * Product Split * 15% Tishomingo Shale Project Sold 42% 43% Oil Gas NGLs 14% 14% 72% Oil Gas NGLs 18.9 netbacks ** 58.9 netbacks ** BNK has been operating…
  7. Corporate Presentation – BNK Petroleum Inc. – slide 7
    TISHOMINGO FIELD (Ardmore Basin - Oklahoma, USA) Caney/Sycamore Lime is present over BNKs Text BNK Operated Caney well BNK Previously operated Woodford well entire acreage block BNK held by production acreage 15,500 net…
  8. Corporate Presentation – BNK Petroleum Inc. – slide 8
    2013 RESERVE REPORT (Tishomingo Field, Ardmore Basin - Oklahoma, USA) - Reserves based on - 160 acre well spacing (4 wells per section) 12/31/13 Reserve Report BNK Interest* - 54 net wells forecast to develop 3P MBOEs NPV 10% -…
  9. Corporate Presentation – BNK Petroleum Inc. – slide 9
    CANEY PROGRESS 2013 Constant improvement - Path towards full development Proof of concept - Caney produces 30%Day%Oil%Rate% Increasing production rates and increasing recoverable reserves 600 Stimulation improvements 500…
  10. Corporate Presentation – BNK Petroleum Inc. – slide 10
    BNK 2014 CANEY PLAN BNK'sCaneyWells - Planned continuous drilling with one rig 700 - Further well optimization 600 - Integrated all geology, Core info & 3D Seismic OilProduciton(bopd) 500 - Refinement of Lateral…
  11. Corporate Presentation – BNK Petroleum Inc. – slide 11
    EUROPEAN PROJECTS - BNK has been operating in Europe for over 4 years - Gas prices +10/mcf - Government takes are comparable or less than U.S. - Key to advancing projects is focusing on environment, government and local community…
  12. Corporate Presentation – BNK Petroleum Inc. – slide 12
    PLAY COMPARISON Poland Poland Shale Gas U.S. Caney Project Spain Currently*** Proposed*** Royalties 18% - 20% 1% 1.5% 0% March Gas Prices 4.50 10.55* 15.10** (approx) 19% + SHT (0% - 25%) Corporate Tax Rate 35% 19% 35-40%…
  13. Corporate Presentation – BNK Petroleum Inc. – slide 13
    POLAND PROJECTS Strzezewo -1 Lublewo LEP-1 Lebien 1 & Warblino 2H wells Lubocino Lebork S-1 well - Attempted stimulation 4th qtr 2011 3Legs / PGNiG Drilled Wytowno 1 well 1H well well without placing enough proppant. No Effective…
  14. Corporate Presentation – BNK Petroleum Inc. – slide 14
    POLAND PROJECTS Lebien 1 & 2H wells Strzezewo -1 - Fracd Alum & Ordovician, flowed gas w/Nitrogen lift, shut-in for pressure buildup test 2H tested unassisted flow of 230-300 MCF/day Lublewo LEP-1 - Fracd and flowing back Sept 2014…
  15. Corporate Presentation – BNK Petroleum Inc. – slide 15
    BALTIC BASIN DIAGRAM Miszewo T-1 Gapowo B-1 Lebork S-1 Gapowo B-1 Well Over-pressured shales Very high gas readings in Lower Silurian and Ordovician - Avg readings 20 times higher, Maximum reading 45 times higher* Fault Target…
  16. Corporate Presentation – BNK Petroleum Inc. – slide 16
    SPANISH PROJECT (heart of Jurassic play in Castilla y Leon) Cantabria Pais Vasco Castilla y Leon Urraca Concession Sedano Navarra Concession BNK Concession BNK Application Rojas Existing Concessions Trofagas…
  17. Corporate Presentation – BNK Petroleum Inc. – slide 17
    BNK JURASSIC SHALE PROJECT 100-200 meter thick Jurassic shale Carbonate 2,500 - 4,500 meter depth Thick black shales Gas & Oil shows in shale and fractured carbonates in Carbonate existing wells Structure defined by numerous 2D…
  18. Corporate Presentation – BNK Petroleum Inc. – slide 18
    ACREAGE COMPARISON 12,500 acre square (size of BNKs net acreage in Tishomingo field when Woodford was sold to Exxon) * The higher the number the more shale versus carbonate ** Usually shallower portions of the basin during…
  19. Corporate Presentation – BNK Petroleum Inc. – slide 19
    SUMMARY - Closed 147.5 million sale of Woodford Tishomingo Assets in April, 2013* - 3 high impact projects with enough cash to fund them - Caney shale oil production growth potential in Tishomingo field - Polish shale gas…
  20. Corporate Presentation – BNK Petroleum Inc. – slide 20
    760 Paseo Camarillo, Suite 350 Camarillo, California 93010 Phone 805-484-3613 www.bnkpetroleum.com Stock ticker BKX on Toronto Stock Exchange 22

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