Growing shareholder value Opportuni,es Business plan revived for microcap E&P consolida6on 2015 Focus Current commodity prices will likely be catalyst for deep value acquisi6ons Con6nue to exploit low risk development…
Response to Lower Oil Prices Management cash compensa6on reduc6ons of 25-50% Cost Control G&A reduced by consultants Reduced opera6onal costs through bid process Completed royalty funding with Maple Leaf for 6 ood wells…
Many accomplishments to date Likely more deals to come Flood - Expand Energy acquisi6on for net 0.7mm, large Montney oil play, 100% WI, 37 sec6ons Brazeau River Acquired 100% WI in 2.25 sec6ons no up front investment, recompleted 2…
Corporate Snapshot Stock Exchange TSX.V Symbol CAC Current share price at Jan 15, 2015 0.60 Current warrant price at Jan 15, 2015 (2.40 warrants expire March 2016) 0.06 Capital Structure Common stock (basic) 42.0mm (diluted)*…
Canamax Core Areas NORTH WEST ALBERTA Flood (100% WI) Alberta Montney oil; 55 sec6ons & infrastructure; 5.0MMboe original oil in place (OOIP) per sec6on, Large ver6cal well development property 16 producing ver6cal wells…
Flood Large OOIP Montney oil development play Proven ability to develop a play Purchased ini6al land and infrastructure Total of 55 net sec6ons with 28.5km2 of 3D seismic Completed 5 other acquisi6ons and purchased GOR on par6al…
Flood - Comparison to Viking play & reserve parameters Type Curve Comparison to Viking play 120 RRX - Dodsland WCP - Lucky Hills Beaumont - Kerrobert CAC - Flood 100 Daily Produc,on (boe/d) 80 60 40 20 0…
Flood Poten,al future development Future Development LEGEND Three dierent pay zones within the Montney sequence Canamax Lands Currently focused on the Worsley member with ver6cal drilling (low hanging fruit) Canamax Wells…
Wapi, Cardium Oil 9-21 Hz Cardium Well Reserve Parameters Unit Wapi, on Produc,on OOIP (per sec6on) MMbls 4.7 API Degree 42.0 Recovery Factor % 8.1 Recoverable Oil MMbls 0.4 Recoverable Gas BCF 1.5 Recoverable Boe MMBOE…
Brazeau River mul,-zone poten,al large OOIP Canamax holds 100% WI in 3.0 sec6ons Canamax Lands Belly River Production 3 Producing wells Cardium Production 275 boe/d (40% Oil & NGLs) Deethree Lands Mannville Production Gas…
Retlaw area RETLAW FOCUS AREA MAP Producing net 250 boe/d 75% of produc6on is operated Large land posi6on of 51.1 gross sec6ons (31.9 net) Good seismic coverage on Upside lands; 56km2 of 3D and 116 km of 2D Pipelines with…
Exploita,on program Low risk development Total Development Poten,al (1) Est Net Net Capital Net Capital Produc,on Working Required Required Est Net Produc,on IP (365) High Area Descrip,on Zone Interest Low Case High Case IP…
Experienced Management and Board MANAGEMENT BOARD OF DIRECTORS Brad Gabel President & CEO Kevin Adair Execu6ve Chairman President & Involved in numerous acquisi6ons and dives6tures (private and CEO of Petrus Resources public…
Investment highlights LiXle compe66on in microcap acquisi6on space management How we are has proven track record in A&D ac6vi6es Top 6er opera6ng competence demonstrated by recent drilling, dierent recomple6on & infrastructure…