Corporate Snap Shot Centralized asset base at Fir and Bigstone, Alberta Montney land position at Bigstone 8 gross (3.5 net) sections in the liquids-rich Montney natural gas fairway in Albertas Deep Basin, one of the most…
Regional Overview Stonehaven Lands 22 Montney Position at Bigstone: 3.5 net sections (2,240 net acres) Multi-Zone Cretaceous Production at Fir: 3.84 net sections (2,458 net acres) Long life, low decline, natural gas…
Bigstone Development Drilling Opportunity Key Attributes 2,240 net acres Operated, 50% WI in six gross sections Two pooled sections with 25% WI Offset surrounding wells IP180: 623 Boe/d Total Proved plus Probable Reserves of…
Bigstone Type Curve 11000 Legend Op Gas Rate 100/08-21-060-22W5/00 100/13-30-060-22W5/00 102/15-30-060-22W5/00 100/16-30-060-22W5/00 8800 100/14-23-060-23W5/00 100/16-23-060-23W5/00 100/15-24-060-23W5/00 Op Gas Rate…
Bigstone Type Curve (Cum Gas Production) 11000 Legend Op Gas Rate 100/08-21-060-22W5/00 100/13-30-060-22W5/00 102/15-30-060-22W5/00 100/16-30-060-22W5/00 8800 100/14-23-060-23W5/00 100/16-23-060-23W5/00 100/15-24-060-23W5/00…
Fir Overview Key Attributes 2,458 net acres located approximately 35 km from Stonehavens Bigstone Montney property Non operated 30% working interest Low decline production from Cretaceous stack Producing zones include Dunvegan,…
Fir Production & Forecast 10 8 Gas Rate (MMscfd) 6 4 2 0 0 4 8 12 16 20 24 28 32 36 40 Cumulative Gas Production (Bscf) 9 Q1 2015
Experienced Management Team Experienced Management Team Strong Board of Directors Malcolm Todd, President, CEO & Director Randy Kwasnicia, Director Over 25 years of experience in senior positions with private and publicly traded oil…
Conclusion Summary Share Structure (TSX-V:SE)(1) Concentrated asset base in the Alberta Deep Basin Issued and Outstanding 7,152,903 Low decline Cretaceous production at Fir Stock Options (Av. 1.40) 715,200 Debt free company 6.8…