Black steel Energy Inc. MAY 2013 CORPORATE PRESENTATION
Black steel Energy Inc. Corporate Overview TSX Venture Lis,ng : BEY 20 million shares outstanding No debt, cash on hand, nancing underway Experienced Management and Board of Directors Business plan focused on diversied…
Black steel Energy Inc. Board & Management Cur,s Hartzler, P.Eng. President and Director PennWest, Kallisto, Goose River, Birchill, G2 Resources Derek Batorowski, CGA. Chief Financial Ocer Birchill, G2, Westcore Les Treitz,…
Black steel Energy Inc. Buck Lake Farm-in Central Alberta Buck Lake area Target: light sweet oil Development loca,ons: immediate reserve value upon drilling and comple,on Targeted Return: Recycle Ra,o of 2 Gross Land:…
Black steel Energy Inc. Buck Lake Map Pipeline infrastructure Cardium Wells (Red) Viking Hz Wells (Black) Earning Lands (Yellow) 2013-05-28 h7p://blacksteelenergy.ca 6
Black steel Energy Inc. Crosseld Elkton Farm-in Large poten,al: 1-3 million gross bbls, 300,000 bbls/ver,cal well Opportunity for mul,ple loca,ons Blacksteel Interest: 25% farm-in interest plus 25% working interest in 640…
Black steel Energy Inc. Elkton Structure Map 2013-05-28 h7p://blacksteelenergy.ca 8
Black steel Energy Inc. Del Bonita - Alberta Bakken 2560 net acres, year round access Reservoir is a thick dolomi,c siltstone sequence with up to 30 m of gross oil pay. Play has been mapped using well logs and core samples…
Black steel Energy Inc. Del Bonita : Bakken Area Map LGX well Crescent Point Wells DeeThree Wells Shell Wells (Twp 1,2 R22) Gryphon Wells Rose7a Wells Murphy Wells 2013-05-28 h7p://blacksteelenergy.ca 10
Black steel Energy Inc. 2013 Financing & Expenditures FINANCING Proceeds Flow Through: 0.15/share, issue 8 million shares 1.2 MM Common Units: 1.0 MM .13/unit for 1 share and 1 warrant exercisable at 0.20 for 1 year, issue…