Skip to main content WINTER CORPORATE UPDATE – Contact Exploration Inc. Investor Presentation | Shale Experts
Loading...
Pm

WINTER CORPORATE UPDATE – Contact Exploration Inc.

Contact Exploration Inc. · Nov 1, 2014 · 27 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. WINTER CORPORATE UPDATE – Contact Exploration Inc. – slide 1
    Contact Exploration Winter Corporate Update
  2. WINTER CORPORATE UPDATE – Contact Exploration Inc. – slide 2
    Consistent Growth 4 Amidst challenged markets for Market CEX Market Cap and Share Price Share Cap Price the junior resource sector - Reserves growth - Contact has outperformed first 3 Kakwa wells 70,000,000 Success in the .30…
  3. WINTER CORPORATE UPDATE – Contact Exploration Inc. – slide 3
    The Company (CEX) - TSXV 5 Market Capitalization at .30/share 76,700,000 Common Shares Outstanding 255,531,582 Other Conversion Option on Preferred Shares (exercise Price .20) 5,000,000 Options Outstanding (exercise price .10 -…
  4. WINTER CORPORATE UPDATE – Contact Exploration Inc. – slide 4
    Executive Summary - Alberta 6 1) Alberta: Montney Condensate-rich Gas Project 85 gross sections (70.75 Net) focus at Kakwa/Deep Basin Montney; CEX operates 83 of 85 sections 30 Sections at Kakwa - East Kakwa (19 sections/ 25% WI),…
  5. WINTER CORPORATE UPDATE – Contact Exploration Inc. – slide 5
    Leadership 7 Steve Harding P. Geol President and Chief Executive Officer Steve is a Professional Geologist with over 30 years of experience Previously VP Alaska/Mackenzie Delta & Northern Canada EnCana Corp., Chief Geoscientist at…
  6. WINTER CORPORATE UPDATE – Contact Exploration Inc. – slide 6
    Board Of Directors 8 Ken Bowie, P.Eng, MBA Pres./CEO of Spry2 Energy Inc.; Formerly Pres./ CEO of Spry Energy (sold to Whitecap in April 2011), Former Pres./ CEO of Progress Energy Ltd. Member of the audit, governance, compensation…
  7. WINTER CORPORATE UPDATE – Contact Exploration Inc. – slide 7
    De-risking Deep Basin Sweet Spot 9 Exceptional performance from early Kakwa and West Resthaven wells Initial acreage secured by CEX prior to well results being released Activity in the region accelerated quickly Exxon-Mobil…
  8. WINTER CORPORATE UPDATE – Contact Exploration Inc. – slide 8
    Kakwa Montney Project Fundamental Value 10 Positioned in the heart of the liquids-rich Montney trend All surrounding acreage held or secured at recent land sales Contact secured acreage at very low cost Significant acreage position…
  9. WINTER CORPORATE UPDATE – Contact Exploration Inc. – slide 9
    New Lands Secured 11 Excluding East Kakwa, CEX holds 60 Montney prospective sections (at 100%) POU DCK 11 at West Kakwa 7G 27 at Chime 22 at Pinto Kakwa POU Six additional shallow rights 7G sections at Pinto Cardium,…
  10. WINTER CORPORATE UPDATE – Contact Exploration Inc. – slide 10
    Chime 12 Both Upper and Lower Montney potential (U. Montney tested) 7-31-60-5W6 Also hold shallow rights in 15 sections Chime DOME UNION CUTBANK 100/10-36-063-08W 6/00 ==== Revised Petrophysical Interpretation -- Interpreted by:…
  11. WINTER CORPORATE UPDATE – Contact Exploration Inc. – slide 11
    Pinto 13 CEX holds 22 sections of Montney rights (16 contain uphole rights) 2-21-55-27W5 and 6 sections with shallow rights only Pinto Lands on trend have tested at between 5 and15mmcf/d + liquids New drilling focussed on 3800 -…
  12. WINTER CORPORATE UPDATE – Contact Exploration Inc. – slide 12
    Excellent Resource Play 14 Montney Reservoir Deposited in a structurally-active west-facing basin Siliciclastic system dominated by relatively well-sorted dolomitic siltstones and very fine-grained sandstones Accumulated in a…
  13. WINTER CORPORATE UPDATE – Contact Exploration Inc. – slide 13
    East Kakwa Results 15 Contact has drilled/completion of 5 wells at Kakwa (4 operated) All drilled on or under budget with all-in costs superior to regional competitors Targeted the Middle Montney D2 unit One non-operated well…
  14. WINTER CORPORATE UPDATE – Contact Exploration Inc. – slide 14
    East Kakwa Economics 16 East Kakwa 19 gross sections, potential for 76 gross wells (19 net) to be drilled and completed Potential for an additional 76 gross wells (19 net) within the Upper Montney (D4) unit Evaluation…
  15. WINTER CORPORATE UPDATE – Contact Exploration Inc. – slide 15
    Operational Excellence 17 Contact has demonstrated industry leading capital management Drilling and completion costs continue to decrease as efficiencies improve Drilling times have been reduced by 33% Further cost reduction…
  16. WINTER CORPORATE UPDATE – Contact Exploration Inc. – slide 16
    Products and Marketing 18 CEX designed gathering system for flexibility: ensures products to market Very high condensate levels require liquid knock-out prior to gas plant Condensate separated at new 16-7 Contact-operated Compressor…
  17. WINTER CORPORATE UPDATE – Contact Exploration Inc. – slide 17
    Planned/Proposed Infrastructure Expansions 19 Liquids and gas infrastructure continues to expand to meet area production levels TransCanada Pembina Pipeline: 24 sales gas pipe Condensate transport 400MM/d increase proposed Q2 2015…
  18. WINTER CORPORATE UPDATE – Contact Exploration Inc. – slide 18
    Upside in the Duvernay 20 Contact holds Duvernay rights on 79 sections leased in the Deep Basin Competitors currently drilling/assessing the prospectivity of this unit nearby Contact lands CEX acreage sits in the Duvernay CEX…
  19. WINTER CORPORATE UPDATE – Contact Exploration Inc. – slide 19
    New Brunswick Natural Gas 21 Prospective gas interval up to 2000m in thickness Brittle sandstone and shale lithologies; fracturing seen in the Frederick Brook GLJ estimated 10.9 Tcf GIP (best estimate) in Frederick Brook Member Low…
  20. WINTER CORPORATE UPDATE – Contact Exploration Inc. – slide 20
    LNG Opportunity 22 Contact has aligned with Pieridae/Goldboro LNG: Pieridae is a private Canadian company with plans to build an LNG facility in Nova Scotia, sourcing gas from the Scotian Shelf, Onshore Atlantic Canada and the NE…
  21. WINTER CORPORATE UPDATE – Contact Exploration Inc. – slide 21
    Natural Gas Development 23 JOINT VENTURE in developing Contacts Natural Gas assets in NB: Pieridae paid Contact upfront 1.3M cash Contact received 15% outstanding shares in Pieridae Contact will have rights to participate in all…
  22. WINTER CORPORATE UPDATE – Contact Exploration Inc. – slide 22
    Upstream Management 24 UPSTREAM MANAGEMENT services will be provided by Contact to Pieridae Contact will manage all onshore natural gas feedstock, to be dedicated to the Goldboro Facility (natural gas from Atlantic Canada,…
  23. WINTER CORPORATE UPDATE – Contact Exploration Inc. – slide 23
    Stoney Creek Oil Field 25 Acquired 100 year old Stoney Creek field in New Brunswick (2005) 30 Million bbls oil in place - 900,000 bbls produced Executed modern technology program to old field Current team drilled 2 multistage…
  24. WINTER CORPORATE UPDATE – Contact Exploration Inc. – slide 24
    Well Design and Execution 26 Drilled 2 different regions of the pool Type Curve similar to a Cardium oil well in Alberta N-88 K-78 Lower Hiram Brook Structure Map NET STONEY CREEK FORECAST Forecast Reserves 90/bbl Brent…
  25. WINTER CORPORATE UPDATE – Contact Exploration Inc. – slide 25
    Hopewell Oil Field 27 Contact lands are in an oil-prone portion of the Moncton Sub-basin Contact identified productivity potential on Hopewells flank Re-entered the well bore and demonstrated production capability Mapped the…
  26. WINTER CORPORATE UPDATE – Contact Exploration Inc. – slide 26
    Go Forward 28 Alberta Start up of natural gas handling facility with liquids capacity to handle 15 MMcf/d gas and 2,500 bbls/d condensate Forecast 10MM capital cost (2.5MM net); expected completion December 2013 Continue drilling at…
  27. WINTER CORPORATE UPDATE – Contact Exploration Inc. – slide 27
    CEX.V TSX Venture Steve Harding Raymond Sully President/CEO Chief Operating Officer 403-771-1091 403-234-8663 shardingcontactexp.com rsullycontactexp.com Halifax/Calgary Calgary

From the store

Browse maps, data & reports in the Shale Experts store