Arsenal Energy Inc. Corporate Presentation TSX: AEI OTCQX: AEYIF February 2015
Key Corporate Information Corporate Information Current Production (Boe/d) 4,300 Shares issued and outstanding (basic MM) 17.9 Production split: Light oil 36% Total insider ownership 23% Medium oil 41% Management and Directors…
Growth Company Development Low Decline Rate 2 development growth properties Base decline of 10% on 2,300 Boe/d Princess, Alberta Corporate decline rate of approximately 25% * added 1,000 Boe/d in 2014 * 4 net development wells…
Production/Cash Flow Growth 2014E Average Production Results: 2015 Guidance (all estimated): 4,500 Boe/d (77% Oil and Liquids) Average production 4,100 Boe/d Capex - 53.5 million Exit production 4,600 Boe/d Funds from operations -…
Core Areas of Operation Desan, BC Legend Gas: 600 Boe/d Oil Gas Evi, Alberta Light oil: 300 Boe/d Provost, Alberta Medium oil: 750 Boe/d Princess, Alberta Medium oil: 1,200 Boe/d North Dakota Light Oil: 1,450…
Stable Base Production + Low Cost Development + Exploration Upside Corporate Presentation February 2015 7
Stable Base Production Chauvin - Waterflood Reserves (Bbls) At acquisition Aug 2008 708,000 Production since acquisition (680,000) Positive revisions 635,000 December 31, 2014 663,000 Reserve booking at purchase Legend…
Stable Base Production Desan Jean Marie Gas Reserves (Bcf) At acquisition Oct 2011 7.3 Production since acquisition (4.8) Positive revisions 4.6 December 31, 2014 7.1 Reserve booking at purchase Legend Arsenal Energy…
Stable Base Production Princess Basal Mannville - Waterflood Reserves (Bbls) At acquisition Dec 31, 2010 675,000 Production since acquisition (356,000) Positive revisions 100,000 December 31, 2014 419,000 Implementation of…
Stable Base Production Provost Cummings Y - Waterflood Reserves (Bbls) At acquisition Dec 31, 2010 807,000 Production since acquisition (193,000) Positive revisions 243,000 December 31, 2014 857,000 West side of pool to be…
Stable Base Production Stanley, North Dakota Legend Producing Wells Legend Netbacks Cdn/Boe 2014 Current 2014 Wells Producing Drills Revenue 78.28 36.00 Future Drills Drills Future Royalty 22.46 11.50 Operating 3.58 6.50 Netback…
Stable Base Production + Low Cost Development + Exploration Upside Corporate Presentation February 2015 13
Low Cost Development Princess - Detrital and Glauconite Netback Cdn/Boe 2014 Current Revenue 70.47 40.00 Royalty 12.69 8.50 Operating 8.49 7.00 Netback 49.29 24.50 2013 2014 Development Drilled 15 Oil Wells, 1 Gas Well Increased…
Princess Detrital Oil Price Sensitivity Princess Detrital (100% WI and Operated): 1 million per well DCE&T 97% medium gravity (25API) oil 199,000 Boe of 2P reserves Robust economics at 50.00 WTI per barrel 3D seismically defined…
Princess Glauconite Oil Price Sensitivity Princess Glauconite Channel (100% WI and Operated): Princess Glauconite Type Well Payout SensiCvity 1.8 million/well DCE&T Medium gravity (25API) oil 145,000 Boe of 2P reserves Robust…
Stable Base Production + Low Cost Development + Exploration Upside Corporate Presentation February 2015 17
Provost - Viking Oil Price Sensitivity Provost Viking (100% and Operated): 1.0 million/well DCE&T 52,000 Boe of 2P reserves Medium gravity (25API) oil Robust economics 60.00 WTI per barrel Corporate Presentation February…
North Dakota - Midale Oil Price Sensitivity North Dakota Midale (100% and Operated): 3.3 million/well DCE&T 120,000 Boe of 2P reserves Light Oil (40API) oil Robust economics 80.00 WTI Corporate Presentation February 2015 19
Growth Properties Three Year Drilling Inventory Gross Net Gross EUR / Development Time Frame Drill Locations: Locations Locations well (Boe) Estimate Princess - Mannville Detrital (oil) 17 17 199 2015-2017 Glauconite (oil) 4 4…
Highlights Low Decline Rate Base decline of 10% on approximately 2,300 Boe/d Corporate decline rate of approximately 25% Growth History Consistent growth in production and cash flow Stable Base Production 2015 Drilling Program…
Corporate Information Officers Directors Independent Reserve Engineers Deloitte LLP Tony van Winkoop Neil MacKay President and CEO Chairman of the Board Banks ATB Corporate Financial Services J. Paul Lawrence Tony van Winkoop National…
Contact Information ARSENAL ENERGY INC. Suite 1900, 639-5th Avenue SW Calgary, AB, Canada T2P 0M9 Main Office 403.262.4854 Fax 403.265.6877 infoarsenalenergy.com irarsenalenergy.com www.arsenalenergy.com STOCK SYMBOL TSX AEI…