Forward-Looking Statements TSV:FEN This presentation may include forward-looking statements including opinions, assumptions and estimates of future production, reserves, cash flow and earnings. Forward-looking statements are…
Forent Energy Management TSV:FEN A strong team experienced in exploration, exploitation, asset evaluation and acquisitions Richard Wade P.Eng. President & CEO Geology Tim Laska P.Geol. MBA Ian Shook Geophysics VP Exploration VP…
TSV:FEN Forent Energy Board of Directors Experience Area of Expertise W. Brett Wilson 30+ years, Chairman Prairie Merchant Corporation, Co- Finance, equity, philanthropy, Chairman Founder FirstEnergy Capital mergers & acquisitions…
Forent Energy Today TSV:FEN Production Q1 2014 Reserves P+P Dec 31, 2013 Natural Gas 520 Mcf/d Natural Gas 2,054 MMcf Oil and Liquids 107 bbl/d . Oil and Liquids 1,227 Mbbl . Total (6:1) 194 boe/d Total (6:1) 1,570 Mboe BTax NPV10…
Forent Strategy TSV:FEN Medium Short 2015 - 2016 Long Montgomery, Alberta 2014 - 2015 Conventional and 2016 + Asset enhancement and unconventional exploration Growth towards an exploitation South Central Alberta intermediate E&P…
Forent Methodology TSV:FEN EVALUATE ACQUIRE INVEST Evaluated Assets in Central Acquired Three Producing Initiate Infill Drilling Alberta Properties Program Oil weighted production Integrated Twining, Wayne and Licensed four infill…
Forent Results TSV:FEN Operations 2013 2014 Change Q1 Production (BOE/d) 62 194 213 % Q1 Funds flow (loss) (471,473) 149,746 132 % from operations Q1 Net debt (surplus) (5,505,879) 1,589,273 Reserves Year End 2012 Year End 2013…
Forent Areas of Operation TSV:FEN 9 www.ForentEnergy.com June 25, 2014
Twining Property TSV:FEN Development Vertical Drilling Q2 2014 31 API oil from Pekisko 100% Working Interest Drilled 2 wells drilled, 1 completed, 1 currently drilling 5 additional locations identified Budgeted: 3 infill vertical…
Twining Locations TSV:FEN 11 www.ForentEnergy.com June 25, 2014
Wayne Property TSV:FEN HZ Development Drilling Opportunities 31 API oil from Ellerslie Working Interest 67% 3 Horizontal locations identified Working with JV partner to determine best development strategy GROSS: Horizontal cost per…
Provost Property TSV:FEN HZ Development Drilling Opportunities 17 API oil from Ellerslie Working Interest 60-100% 6 Horizontal locations identified Working with JV partner to determine best development strategy 100% GROSS: Cost per…
Montgomery : High Impact Exploration TSV:FEN Forent lands Farmed-out lands (Forent WI 30-100%) Forent investment to date Forent Proprietary land & seismic 2.8MM 3D Seismic JV partner 1 investment to date 4.5MM Blackshale…
Montgomery : Drilling to Date TSV:FEN 01-16 06-06 producer 14-12 06-06 Producer Produced from 01-16 test well naturally fractured Oil was Second White Specks recovered Encountered natural from 2WS gas in Sunburst Wellbore…
TSV:FEN Montgomery : Results to Date 3D Seismic Crucial in determining drilling locations Proven to image structures and quiet areas with no significant natural fracturing (01-16) Can image faults with significant throws (10m)…
TSV:FEN Montgomery : Future Outlook Go Forward Opportunities 12 net 100% and 6 net 30% WI undrilled sections Identified naturally fractured 2WS locations Horizontal drilling potential in 2WS Sunburst gas resource play Conventional…
Alton Block : Nova Scotia TSV:FEN Forent has been active in Nova Scotia since 2007 and has invested in excess of 10 MM in on-shore exploration. In April of 2011, the Nova Scotia Hydraulic Fracturing Review was initiated. The…
Forent : Focused on Growth TSV:FEN 19 www.ForentEnergy.com June 25, 2014
Forent : Looking Ahead TSV:FEN Complete, equip and tie-in of the three new Twining wells Progress the evaluation of Montgomery Continued expansion of exploration portfolio Land sales and farm-ins to increase our position…
TSV:FEN Contact Richard Wade P.Eng President, CEO Office: 403.262.9444 extension 211 E-mail: rwadeforentenergy.com Forent Energy Ltd. Head Office Suite 200, 340 - 12th Avenue SW Calgary, Alberta T2R 1L5 Phone:…
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