Crew Energy Inc. Corporate Presentation August, 2014 RESOURCE FOCUS OPPORTUNITY PROVEN TRACK RECORD
Investment Attributes Resource Focus: World class Montney resource 109 TCFE TPIIP Significant contiguous land positions 826,400 net acres of land 72% undeveloped Opportunity: Well positioned to take advantage of new and evolving…
Sharpening our Focus B.C. Alberta Sask. 2014 Montney Acquisitions 122 million purchase price 74,311 net acres (115 net sections) Montney NGL Rich Gas/Oil 1,400 boepd production (98% natural gas) 8.5 mmboe 2P reserves* 15 TCFE of…
B.C. Montney Core Acreage Consolidation Crew Montney Rights Acquired Montney Rights Previous Current Crew/Acquired Montney Rights Acquired Montney Rights Oil Sections: 138 (37%) 138 (28%) Crew/Acquired Montney Rights Wet Gas…
A World Class Montney Resource: 109 TCFE TPIIP 84 Miles Goose Attachie 40 Miles Planned West Septimus Septimus gas plant Q3/15 Portage Crew operated Spectra 1.0 bcf/d Septimus gas plant Tower Groundbirch…
Septimus: Improving EURS and Exceptional Economics Frac Port Economics* Crew A16-7, IP1 5.2 mmcf/d Crew B16-7, IP1 6.3 mmcf/d Capex (4.2-5.5mm) 4.7 1 Month IP (boepd) 955 Sales Reserves (bcf) 4.3 NPV10 (mm) 9.7 PIR 2.2 Crew…
West Septimus: Extension of Septimus Trend West Septimus Plant Site Crew 7-30 (2011) Max rate: 0.84 mmcf/d, 201 bbl cond./d To date: 0.31 Bcf, 43 mbbl cond. Pine River Over pressured (14 kpa/m) West Septimus Proven liquids…
Groundbirch: Potential New Growth Area Crew A2-4 Flare IP 1.7 mmcf/d IP 1.2 mmcf/d Crew A2-4 initial test rate 4.5 mmcf/d Crew 2-4 Pad Crew 2-4 initial test rate 3.5 mmcf/d Planned Groundbirch gas plant Q3/16 IP 1.3…
Tower: Emerging Montney Light Oil Play Tower Montney Economics 51 net sections (15 wells/section) = 765 locations Capex (mm) 6.5 1 month IP (boepd) 710 Reserves: Oil (mbbls) 150 NGL (mbbls) 60 Gas (BCF) .97 Crew 1-24 (2014) 13…
Septimus: Free Cash Flow Generation of One 60 mmcf/d Gas Facility Annual Base 12 Section Development Decline 40% 37.5% 35.4% 33.3% 33.3% 31.7% 30.8% 30.4% 29.2% 28.3% 90 70,000 65,000 80 60,000 55,000 70 Capital/ Cash Flow (…
Significant Montney Resource Upside 5 Year Plan 1.0 TCFE (241 Locations)** Remaining Contingent 4.4…
Lloydminster Heavy Oil: Strong Economics and Cash Flow ALBERTA SASKATCHEWAN CREW 02/12-30-048-05W4 Colony FRENCHMAN BUTTE 105 bbls/d BRIGHTSAND TANGLEFLAGS CLNY 20 bbl/d LLOYD UMCL SWIMMING 500 bbl/d Lloydminster 1,600…
Princess: Pekisko Secondary Recovery and Multi-zone Mannville Upside 11-22 Battery Large contiguous land holding (266,985 net acres), Inlet 28,000 b/d emulsion high W.I. (91%) Capacity 6,000 bopd 7-8 Battery Mature Pekisko play: 11…
Corporate Information TSX Trading symbol CR Basic shares (mm) 122.3 Market capitalization 10.00/sh (mm) 1,223 2014 YTD high trade 12.74 2014 YTD low trade 6.33 2014 YTD average trading volume per day (m) 1,143 Employee/Director…
APPENDIX RESOURCE FOCUS OPPORTUNITY PROVEN TRACK RECORD
2014 Budget Summary 2014 Cash Flow (CF) (mm) 190 CF/diluted share 1.54 E&D Capex (mm) 285 2014 Hedging Summary Volume Period Derivative Reference Price Well Count (net) 71 Natural Gas Year-end bank debt and working capital (mm) 235…
N.E.B.C. Montney Resource Evaluation Natural Gas Resource Categories (1)(2)(3) Tcf Total Petroleum Initially In Place (TPIIP) 60.6 Discovered Petroleum Initially In Place (DPIIP) 26.1 Undiscovered Petroleum Initially In Place (UPIIP)…
Definitions of Oil and Gas Resources and Reserves Reserves are estimated remaining quantities of oil and natural gas and related substances anticipated to be recoverable from known accumulations, as of a given date, based on the…
CONTACT INFORMATION Dale O. Shwed, President & CEO dale.shwedcrewenergy.com (403) 231-8850 John G. Leach, Senior Vice President & CFO john.leachcrewenergy.com (403) 231-8859 Rob J. Morgan, Senior Vice President & COO…