Chinook at a Glance Quality and Scale Canada Tunisia Cash Flow Funded Growth Canada Montney & Dunvegan Focused Program Tunisia June 16th Announcement Q2/14 Production: 7,911 boe/d (38% oil & NGL) Effective Date: January 1,…
Capitalization & Market Value As at September 2, 2014 and for Canadian operations only, unless noted Share price 2.38 6% Shares outstanding 214.9 million 38% 56% Market capitalization 511.4 million Positive working capital…
Focus on Quality Barrels Production vs Cash Flow Debt to Cash Flow Cash Flow Per Share & Debt Adjusted Cash Flow Per Share 3.5 0.59 0.52 0.47 1.7 0.38 0.41 0.37 0.34 0.30 0.30 0.28 0.9 0.7 0 2010 2011 2012 2013 2014…
Canadian Focus Area Grande Prairie/PRA Canadian growth and development UMBACH/BIRLEY (Montney) Montney and Dunvegan opportunities AB 14 wells planned for 2014 5 Hz Montney locations (all operated) 3 (2.25 net) at Umbach/Birley…
Birley/Umbach Area - Montney CKE holds 54 sections (45 net) of Montney rights 19 sections (19 net) purchased at May/14 landsale BIRLEY 1st Hz well 1st Hz Upper Montney well drilled and tested in Q1/14, on prod in April at 4…
Birley/Umbach Area Montney Economics Chinook drilled first Montney Hz drilled in January Key Economic A5ributes Well drilled in 11 days, 2,700m TD, 1,220m Hz 18 stage slickwater frac, tested 6mmcf/d + 346 BCPD Wells Drilled 2…
Grande Prairie Area - Montney Gold Creek and Knopcik areas within Montney oil and/or very high liquids window KNOPCIK Recent offsetting wells reported Oil rates up to 1,100 bopd Gas Rates up to 19 mmcf/d Cond ratios up to 200…
Gold Creek Area - Montney Testing Upper and Middle Montney intervals in the Gold Creek area First Montney Hz well (CKE operated, 37.5% WI) drilled in Q1 /2014 Tested rates up to 500 BOPD and 6 mmcf/d (1,500 BOE/D) Expect well on…
Grande Prairie Area Dunvegan and Doe Creek Oil Pools Ownership in 6 established Sinclair Dunvegan/Doe Creek oil pools, only 2 have seen activity in the last 2 Beaverlodge years Hz drilling is: Developing new oil pools Albright…
Karr and Albright Areas - Dunvegan Karr Albright Current production from these 2 properties is over 1,850 BOE/D net (80% oil), added for 17,000/boe/d (using 3rd month prod rates) 2 (2 net) recently drilled wells to be completed in…
Exciting First Half of 2014 Western Canada 3 Growth Catalysts Montney discovery at Gold Creek Montney discovery at Birley/Umbach Dunvegan program(s) in full scale development 15
Contact Walter Vrataric, President & CEO Chinook Energy Inc. Suite 1000, 517 10th Ave SW Calgary, Alberta, Canada T2R 0A8 www.chinookenergyinc.com T: 403.261.6883 F: 403.266.1814 infochinookenergyinc.com 16
Experienced Leadership Management Board of Directors Walter Vrataric President & CEO Donald Archibald Tim Halpen COO Canada Matthew J. Brister Vice President, Finance & Stuart G. Clark Jason Dranchuk CFO Robert C. Cook Darrel…
Analyst Coverage TSX: CKE Firm Analyst National Bank Financial Dan Payne Macquarie Equities Research Ray Kwan Peters & Co. Dan Grager FirstEnergy Capital Robert Fitzmartyn Cormark Securities Garrett Ursu Dundee Capital Markets…
Chinook Canadian Reserves (1) Gross Net Present Value, December 31, 2013 Canada Reserves BTAX, PV10% Proved - developed 12.7 mmboe 179.4 million producing Proved - undeveloped 1.5 mmboe 44.0 million Total 1P reserves 16.0…
2014 Hedging Positions Company Indexed Price Notional Volumes Period Received Price Jan 1/14 to AECO 5,000 GJ/d 3.25/GJ to 3.50/GJ Dec 31/14 Jan 1/14 to AECO 5,000 GJ/d 3.68/GJ Dec 31/14 Apr 1/14 to AECO 5,000 GJ/d 3.5025/GJ…