Growing shareholder value Corporate and property acquisitions at accretive financial The metrics Exploit low risk development opportunities Opportunity Top tier technical and financial competence Completed 4 accretive deals and…
Acquisition & Exploration to date Brazeau River Acquired 100% working interest in 2.25 sections no up front investment, Recompleted 2 wells in Cardium and commingled 1 well Flood - Expand Energy acquisition for net 0.7mm, Large…
Corporate Snapshot Stock Exchange TSX.V Symbol CAC Current share price at August 7, 2014 1.57 Capital Structure Common stock (basic) 41.3mm (fully diluted) 57.6mm (Insider ownership fully diluted) 15% Market Capitalization -…
Experienced Management and Board MANAGEMENT BOARD OF DIRECTORS Brad Gabel President & CEO and Director Kevin Adair Executive Chairman Involved in numerous acquisitions and divestitures (private and public companies) - 360mm Hugh Ross…
Canamax Core Areas NORTH WEST ALBERTA Alberta Flood (100% WI) Montney Oil; large land position (42 sections); 28.5km 3D seismic, 7,500 bbl battery, gas sales line; water disposal facilities Large vertical well development property…
Flood Large OOIP Montney oil development play July 25, 2014 production 350 boe/d (85% liquids) Total of 42 net sections with 28.5km2 of 3D seismic 7,500 Bbl/d oil battery, gas sales line and water disposal Development potential…
Flood - Comparison to Viking play Company Raging River Whitecap Beaumont Canamax Asset Dodsland Lucky Hills Kerrobert Flood Assumptions Key assumptions include: Well Cost (MM) 0.90 0.93 0.90 0.85 IP 30 (boe/d) 60 120 85 50 Liquids…
Flood Potential development plan Phase 1 - 2014 Reserve Parameters Unit Montney Oil Bring on water disposal facility OOIP (* per section) MMbls 3.7 Phase 2 - 2015 and reactivate 4 wells API Degree 29.5 Second phase drilling…
Wapiti Cardium Oil New 9-21 Hz Cardium Reserve Parameters Unit Wapiti Well on Production OOIP (per section) MMbls 4.7 API Degree 42.0 Recovery Factor % 8.1 Recoverable Oil MMbls 0.5 Recoverable Gas BCF 1.5 Recoverable Boe MMBOE…
Brazeau River multi-zone potential Canamax holds 100% WI in 2.25 Canamax Lands Belly River Production sections Deethree Lands Cardium Production 4 Producing wells Mannville Production 1,320 mmcf gas production (220 boe/d) Belly…
Retlaw area RETLAW FOCUS AREA MAP Producing net 300 boe/d (40% Liquids) 75% of Production is Operated Large land position of 51.1 Gross Sections (31.9 Net) Good Seismic coverage on Upside lands; 56km2 of 3D and 116 km of 2D…
2014 Capital Budget 2014 Capital Budget - 14.0mm Recomplete 3 wells Drill and complete 8 wells Tie-ins and infrastructure Flood 10.7mm Wapiti 2.5mm Drill, complete and equip 1 well (0.7 net) Brazeau 0.5mm Recomplete 1…
Production Summary Actual & Forecast 1800 Target Exit Production Target 65% Oil 1600 & NGLs 1400 June Production Note: Brazeau River production was shut in due to plant turnaround from June 15 to July 7 BOE/D 1200 High…
Exploitation program Low risk development Total Development Potential (1) Est Net Net Capital Net Capital Est Net Production Working Required Required Production IP (365) High Area Description Zone Interest Low Case High Case IP…
Investment highlights Little or no competition in microcap space. How we are Management, top tier technical and financial competence demonstrated by recent optimization and recompletion programs different Low cost, no-nonsense…