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INVESTOR PRESENTATION – Blackbird Energy Inc.

Blackbird Energy Inc. · Mar 1, 2015 · 47 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. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 1
    THE EVOLUTION OF BLACKBIRD GARTH BRAUN CHAIRMAN, CEO AND PRESIDENT Blackbird Energy Inc. TSX-V:BBI
  2. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 2
    I seem to wake up every morning with the same question 3
  3. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 3
    How does Blackbird continue to remain relevant to investors 4
  4. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 4
    How does Blackbird continue to remain relevant to investors In this oil and gas market 5
  5. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 5
    This question got me thinking 6
  6. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 6
    This question got me thinking Where Blackbird has come from 7
  7. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 7
    This question got me thinking Where Blackbird has come from Where Blackbird sits today And where Blackbird is going 8
  8. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 8
    This conversation starts with: The Decisions we have Made and the Value Generated
  9. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 9
    1. Mapped the liquids rich Montney Corridor
  10. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 10
    1. Mapped the liquids rich Montney Corridor
  11. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 11
    1. Mapped the liquids rich Montney Corridor Field Condensate Light Oil Wet Gas Dry Gas
  12. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 12
    1. Mapped the liquids rich Montney Corridor Kelt Conoco Field Condensate Light Oil CNRL CNRL Sinopec Daylight Athabasca Encana CNRL Paramount CNRL Shell NuVista Birchcliff Chinook Wet Apache CIOC Gas Dry Gas 7Gen…
  13. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 13
    1. Mapped the liquids rich Montney Corridor Kelt Conoco Field Condensate Light Oil CNRL CNRL Sinopec Daylight Athabasca Blackbird Encana CNRL Paramount CNRL Shell NuVista Birchcliff Chinook Wet Apache CIOC Gas Dry Gas…
  14. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 14
    1. Mapped the liquids rich Montney Corridor Retained 100% working interest, elected not to farm-out Analyzed over 2,800 well logs along with countless pressure and water saturation data points Created mapping that allowed us to get…
  15. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 15
    2. Disposition of Bigstone
  16. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 16
    2. Disposition of Bigstone Blackbirds Bigstone asset 8.0 gross (1.75 net sections) 3 Montney wells drilled (Non-Operated)
  17. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 17
    2. Disposition of Bigstone Originally offered 1 million for 25% of asset this would have represented a loss Management subsequently acquired additional 25% of Bigstone asset through acquisition of Pennant Energy for 2.3 million (at…
  18. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 18
    3. Strengthened the Balance Sheet
  19. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 19
    3. Strengthened the Balance Sheet October 2014 completed 0.29 special warrant and 0.34 flow-through share financing for gross proceeds of 37.4 million December 2014 completed 0.45 flow-through share financing for gross proceeds of 7.3…
  20. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 20
    4. Its All About The Team
  21. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 21
    4. Its All About The Team Randy Schmautz Vice President, Drilling and Completions (Experience with 250+ Montney and Duvernay wells in 7 unconventional plays) Craig Wiebe Vice President, Exploration (Experience with 30+ Montney wells…
  22. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 22
    5. Corporate Communication
  23. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 23
    5. Corporate Communication Investors have changed they demand more expedient access to information and they are more connected to the market than ever before Blackbirds response to this new reality is: Monthly Executive Letter…
  24. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 24
    5. Corporate Communication What can shareholders do Sign up for company updates on our website at www.blackbirdenergyinc.com Get in contact with anyone of the following: Garth Braun, Chairman, CEO & President:…
  25. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 25
    6. Research Coverage
  26. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 26
    6. Research Coverage Dan Payne, National Bank Financial Rating: Spec Buy, Price Target: 0.70 Initiated Coverage: February 2015 David Ricciardi, Mackie Research Rating: Spec Buy, Price Target: 0.65 Initiated Coverage: December…
  27. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 27
    7. Corporate Social Responsibility
  28. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 28
    7. Corporate Social Responsibility We are not operating in the jungles of Alberta, we are operating in the community of Grande Prairie Strong interaction with our stakeholders is key to Blackbirds short and long term success Our…
  29. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 29
    7. Corporate Social Responsibility Mr. Brauns family has been doing business in the communities surrounding and including Grande Prairie for over 100 years To continue building our ties to the community, Blackbird has recently…
  30. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 30
    7. Corporate Social Responsibility In recognition of the current slow down being experienced by our trades Blackbird implemented a timely pay strategy Pre-approved invoices payable after 15 days versus 30-120 days As part of timely…
  31. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 31
    8. Implemented a Multi-Well Drill Program Targeting the Upper and Middle Montney
  32. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 32
    8. Implemented a Multi-Well Drill Program Targeting the Upper and Middle Montney Blackbird did not want to be a single event driven company that is why we moved to a multi-well program targeting two distinct intervals Implemented a…
  33. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 33
    9. Land Acquisition
  34. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 34
    9. Land Acquisition To date acquired 46 contiguous sections at Elmworth CNRL Total cost to date for Elmworth Chinook Encana NuVista Blackbird land acquisitions has been 5.2 CIOC CNRL million CNRL Birchcliff Strategy of…
  35. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 35
    Where we are going
  36. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 36
    Continue load fluid recovery and testing of wells 15,000 cubic meters of load fluid was injected into each well Strive for 20% - 30% load fluid recovery Fluid analysis key for processing and infrastructure
  37. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 37
    Infrastructure Establish meaningful takeaway to allow for growth Design and build a battery in close proximity to Elmworth land block and/or existing + future regional gas plants Focus on developing gathering systems that services…
  38. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 38
    Infrastructure Blackbird Land Proposed SemCAMS Sour Plant CNRL Gold Creek Sweet + Alliance Sour Gas Plant Pipeline SemCAMS
  39. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 39
    Land / Resource Aggregation We realize we cannot stand still Continue to use our multiple strategies to acquire land below current market rates Goal to make Blackbirds size of prize relevant to investors and the oil and gas…
  40. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 40
    But wait If you know anything about us you would know we are not satisfied with our current land position
  41. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 41
    This is where we were 46 sections
  42. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 42
    This is where we are 65 sections, an increase of 19 sections (+41%)
  43. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 43
    We are growing Within the Elmworth and Grande Prairie area we now have 69 sections We have acquired total Elmworth land position for under 6.3 million Focus on continued aggregation of lands in the liquids-rich Montney corridor
  44. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 44
    Velocity of Resource Delineation Establishing the presence of oil/liquids-rich gas in Blackbirds first two wells, combined with offset well data, will geologically de-risk both the Upper and Middle Montney in a significant portion of…
  45. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 45
    Velocity of Resource Delineation
  46. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 46
    We Will Continue To Tick The Boxes: Significant Land Position Geological Delineation Addressing Infrastructure Needs Building Long Term Shareholder Value
  47. INVESTOR PRESENTATION – Blackbird Energy Inc. – slide 47
    Thank You Garth Braun Chairman, CEO and President Blackbird Energy Inc. TSX V: BBI Phone: (403) 699 9929 Cell: (403) 500 5550 E-mail: gbraunblackbirdenergyinc.com Blackbird Energy Inc. TSX-V:BBI 49

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