Company Overview CE was formed in 2006 IPO Completed in November 2006; TSX-V:CE Aggregated 107 gross sections of oil and gas tenures in NEBC Total Capital Raised 40 million CE closed on 2 stock for stock acquisitions valued at…
Investment Highlights CE has assembled 67,918 gross acres of lands in Northeast British Columbia strategically located on two high impact natural gas resource plays CE and its Principals have effected approximately 110 million of…
Leadership: Extensive Years of Executive Oil & Gas Experience Management Management Title Experience John Proust Chairman & Interim CFO President, J. Proust & Associates Inc: 26 years advising public and private companies on debt and…
CE Land Base & Pipeline Access Gross Net Acres Acres Shallow: 58,613 57,341 Deep: 51,322 27,799 Proposed TCPL Pipeline 2 BCF/d Est. Op. Q2 2016 T Pipeline Shallow & Deep Deep Only Shallow Only CE Land Secure to 2014.…
Northeast BC Montney Well Economics CEs Monias CEs Peace River 9
Peace River Block Activity Talisman Farrell Project 7 bcf/well EURs indicated by well performance 120 bcf/section 3P+ contingent resources Talisman's Farrell Project 1 billion CAPEX over the last 24 months 2 billion JV with sasol…
Peace River Cross CE CE Talisman Talisman Section South-North 11
CEs Total Prospective Gas Resource CEs lands are bracketed by Talisman/Canbriam on the northwest and PennGrowth/Shell/PetroChina on the southeast. Talisman estimates 450 BCF gas-in-place per section at Farrell, combined total in Upper and…
Raw Acreage Valuation 16
Strategic Acquisition Hudsons Hope Gas Ltd. (HHG) CE acquired all the outstanding shares of HHG in June 2012 for 2 million shares of CE stock. This acquisition was strategic for the following reasons: 1. Consolidated ownership and…
Total US and Canadian Natural Gas Supply 18
Crude Oil to Natural Gas Price Ratio 19
Summary CE is an emerging Canadian exploration & production company 107 gross sections strategically located on 2 major gas resource plays Approximately 110 million historical investment in exploration & development on CE lands 2…
Go Forward CE Market View North American Gas Market fundamentals are firming Approaching LNG projects with under-supplied principals should create liquidity opportunities Majority of the Companys land base has long tenures Offset…
Tt 22 CONFIDENTIAL CE/Crews Portage 9-23-81-26 on the cover of Oil & Gas Journal 12-14-09
Stratigraphic Overview Shallow Targets Other Potential Deep Targets Deep Rights Targets A-1 7
Appendix B: Peace River CBM Project Summary 78 Gross Sections of CBM Rights; 22 wells drilled to date on Project Gas Plant & Pipeline Constructed in 2008 8 wells put on production at end of 2008 Field currently shut-in pending…
Regional Gething Structure Map All CE lands strategically situated on a major 5 positive structural feature on the Peace River Arch B-2
Peace River CBM Project Area Area of Initial Development Gas Plant B-3
Net Coal Isopach Net Coal Thickening Southwesterly B-4
Total Gas & Water Production Total Gas & Water Production, US units 1000 2000 Normalized Average 900 Production per well= 1800 71 mcf/d & 168 bw/d 800 1600 Production Normalized 700 1400 52%/Yr Incline Water Volume, bbls Gas…