Skip to main content Corporate Presentation – Blackbird Energy Inc. | Shale Experts
Loading...
Pm

Corporate Presentation – Blackbird Energy Inc.

Blackbird Energy Inc. · Mar 17, 2015 · 24 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Corporate Presentation – Blackbird Energy Inc. – slide 1
    Vision Execution Value TSX-V: BBI 2015 Blackbird Energy Corporate Presentation March 2015
  2. Corporate Presentation – Blackbird Energy Inc. – slide 2
    Why Invest 100% Working Interest of 146.0 net sections of Montney land prospective for condensate and liquids rich gas Asset & Size of 69 sections (100% WI) with 200 m thick Montney section in the established liquids rich/ over…
  3. Corporate Presentation – Blackbird Energy Inc. – slide 3
    Where are we going License additional wells (3-4) Additional flow testing of our Upper and Middle Montney wells look to see load fluid dissipate into formation Drill additional well in Middle Montney (lower D&C to approx. 8…
  4. Corporate Presentation – Blackbird Energy Inc. – slide 4
    Blackbirds Focus in 2015 Reduction of D&C costs to confirm commerciality CNRL Develop necessary infrastructure NVA Chinook to allow for take-away and cash Encana Blackbird flow Birchcliff CIOC Shell Continue delineation of…
  5. Corporate Presentation – Blackbird Energy Inc. – slide 5
    Corporate Profile BBI (TSXV) Shares Basic 353 mm Fully Diluted 389 mm Insider Holdings (Board and Management) (Basic)1 25% Positive Working capital 2 25.5 mm Market Capitalization (based on 0.235 per BBI share) 83 mm Enterprise Value 2…
  6. Corporate Presentation – Blackbird Energy Inc. – slide 6
    Management Garth Braun Chairman, CEO and President : Garth is a businessman and entrepreneur with over 30 years of diversified experience in oil and gas, finance and real estate Garth was formerly the principal of a private real…
  7. Corporate Presentation – Blackbird Energy Inc. – slide 7
    Why Elmworth Montney Condensate and Natural Gas Liquids Rich High liquids / Gas ratio demonstrated in initial Blackbird well tests (greater than 125 Liquids Rich bbls/mmcf) Montney Fairway 125 Bbls/mmcf+ Depth of Montney decreases…
  8. Corporate Presentation – Blackbird Energy Inc. – slide 8
    Why Elmworth The Pressure Blackbird has analyzed 72 valid 9.64 kpa/m pressure data points in Over pressured proximity to its core Elmworth boundary block Through detailed analysis we see the entire block of Montney land sitting…
  9. Corporate Presentation – Blackbird Energy Inc. – slide 9
    Why Elmworth Liquids Rich 100 Bbls/ MMcf 200 Bbls/ MMcf 10
  10. Corporate Presentation – Blackbird Energy Inc. – slide 10
    Elmworth, AB Multi-zone Montney ECA 4-9 Hz BBI 5-26 Hz A B BBI 6-26 Hz C 10-4-70-8W6 8-25-70-7W6 10-27-69-5W6 Doig Upper Montney Encana, NuVista Kelt Middle Montney NuVista, CIOC, Shell, Inception Chinook Lower…
  11. Corporate Presentation – Blackbird Energy Inc. – slide 11
    Upper and Middle Montney Initial Tests We carried out a limited flow back to allow for the evaluation of our liquids/gas ratio (we had operational constraints that we knew would limit the test period March 5 shutdown) Infrastructure…
  12. Corporate Presentation – Blackbird Energy Inc. – slide 12
    Upper and Middle Montney Test Confirmation of Liquids Rich Reservoir Early nature of results…
  13. Corporate Presentation – Blackbird Energy Inc. – slide 13
    BBI 5-26 Flow Test 5-26 exhibited characteristics similar to analog Upper Montney wells where productivity is not exhibited till higher load fluid recovery (35%) 5-26 during test was flowing back 1,079 bbls/d of load fluid plus…
  14. Corporate Presentation – Blackbird Energy Inc. – slide 14
    BBI 5-26 Flow Test 5-26 well began to produce hydrocarbons at 10% load fluid recovery compared to greater than 20% in analog well Analog supports thesis that well is still in early stages of clean up and further cleanup will allow…
  15. Corporate Presentation – Blackbird Energy Inc. – slide 15
    BBI 6-26 Restricted Flow Test 6-26 on a restricted downhole choke (15/64 inch) exhibited characteristics similar to analog Middle Montney wells 6-26 during test was flowing back 717 bbls/d of load fluid plus 181 bbls/d of…
  16. Corporate Presentation – Blackbird Energy Inc. – slide 16
    BBI 6-26 Flow Test 6-26 well produced hydrocarbons at earlier stage than Middle Montney Analog (5.0% vs 17.0% load fluid recovery) Production Test Data - % Oil Cut vs. % Load Fluid Recovered Middle Montney BBI 6-26 vs. Middle…
  17. Corporate Presentation – Blackbird Energy Inc. – slide 17
    BBI 6-26 Flow Test 6-26 well with downhole choke shows early stage outperformance vs. Middle Montney Analog Production Test Data - Gas Rate vs. % Load Fluid Recovered Middle Montney dd BBI 6-26 vs. Middle Montney Analog 10000 45…
  18. Corporate Presentation – Blackbird Energy Inc. – slide 18
    Elmworth, AB - Neighborhood Encana 02/12-22-71-9W6 CNRL Encana Hz 13-22-70-8W6 drilled Upper Montney License BBI 5-26-70-7W6 Upper Montney Production Avg 1310 boe/d BBI 6-26-70-7W6 Middle Montney (54.6 days) Drilled and completed…
  19. Corporate Presentation – Blackbird Energy Inc. – slide 19
    Elmworth H2S 6-26 well had downhole choke employed due to temporarily elevated levels of H2S above license allowance (well licensed for H2S of 8.6%) H2S initially 24%, flowback saw rate drop to 10.8% H2S normalization can occur…
  20. Corporate Presentation – Blackbird Energy Inc. – slide 20
    Operations Blackbird 5-26 and 6-26 Completions 21
  21. Corporate Presentation – Blackbird Energy Inc. – slide 21
    Elmworth, AB Infrastructure and Access Blackbirds core Elmworth asset has year round access, is close to services, pipelines & facilities and major highways Blackbird Land Sour infrastructure solutions available Proposed…
  22. Corporate Presentation – Blackbird Energy Inc. – slide 22
    Blackbirds Summary Focused on developing Elmworth acreage into world class project Continuation of delineation of Upper and Middle Montney intervals within our land (industry moving closer to Blackbird delineating additional…
  23. Corporate Presentation – Blackbird Energy Inc. – slide 23
    Contact Information Head Office: Suite 2200, 635 8th Avenue SW Calgary, Alberta, Canada T2R 3M3 Reserves: GLJ Petroleum Consultants IHS Inc. Legal: Macdonald Tuskey Osler, Hoskin & Harcourt LLP Auditors: Davidson & Company Stock…
  24. Corporate Presentation – Blackbird Energy Inc. – slide 24
    Elmworth, AB H2S Mapping .98% H2S 0% H2S in in Upper Upper Encana Montney Montney Pipestone H2S range 0% H2S in of 1%-8% Middle Montney 1.25% H2S BBI Middle in Upper Montney Well Montney 0.05% H2S 0% H2S in in Middle…

From the store

Browse maps, data & reports in the Shale Experts store