Artek Exploration Ltd. BALANCE . IMPACT . UPSIDE SHAREHOLDER VALUE SEPTEMBER 2014 TSX : RTK
Why Artek Good Finders of Hydrocarbons and Resource: 0-42 MM boe 2P Reserves at 5 year average FDA of approximately 13.93/boe since public Establishing Platform with Scale for 2 High Impact World Class Liquids Rich Gas Plays on Key…
Artek Corporate Profile Stock trading: 52 week range 2.90-4.45/sh TSX : RTK Enterprise Value 300 MM Basic shares (post June/14 issue 10.0 MM F shares at avg. 4.29/sh): 77.8 MM F.D. shares: 83.3 MM Management & Directors control…
Operating Areas Year round access with mature facilities and pipeline infrastructure 2 main focus areas provide balance in risk, depth/cost, and oil and liquids vs. gas long-term Fort St. John NW Alberta/BC - Growth Multiple zone…
2014 Guidance Arteks 2014 Investment Plans aim to strike a balance between Inga Doig Development and the validation of Arteks two emerging exploration plays: Inga Montney and PRA Charlie Lake which provide the Company with significant…
Inga, B.C. Infrastructure Optionality F A A F A F AA F K A F A FA A F FA FF A F F AFA A F FAF A F A FA A F A F ADA F A FA A FA F F F A Key Marketing corridor: A A F FA A F K A FA A FA A F F AK F A F F…
Triassic Resource Gems W. Canada Northwest Plains Stratigraphic Chart Doig and Montney have been an industry focus for large scale development Horizontal Drilling and Multi-Stage Frac technology have unlocked the potential of the…
Inga, B.C.- Doig Liquids Rich gas Doig Liquids Rich Gas Resource + Exploration I C G K F K G K Triassic Doig high yield condensate (46-50 deg API) U C F F K VV E E E E Arteks 1st Fireweed Hz 2014 U K C and natural gas resource 1,800m…
Inga Doig Exceptional liquids yield G G I F Inga Results: Artek Inga 3D Avg. test rate 1,500-1600 boe/d P/L & Facility: test liquids ratio 150-200+ bbls/mmcf 30 mmcf/d Avg. test liquids rate 800-1,000 bbls/d Avg. IP30 1,100-1,200…
Artek Doig Well Performance B13-16 Slickwater Doig Condensate Production Comparison 1600 Gross Free Condensate (bbl/d) 1400 Inga Doig well type curves 100/13-16-087-23-W6/00 Ave. Well 1200 1800 1000 RTK 5-11 HZ well IP30 1800 boe/d 800…
New BC Royalty Credits Impact 1,400 Montney Hz's Artek Doig and Montney Horizontals 1,500 2,000m yield Doig Hz's - New Royalty benefit of 0.7 MM - 0.96 MM Value increase of 8-10% - Approximately 3 month payout acceleration 1,200 Value…
Montney Regional Resource 280m of Total Montney Isopach at Inga Artek Inga Lands Overpressured at 12 kPa/m (30-40%) 280m Montney isopach Multiple Montney targets Upr Montney 50m Mid Montney Lwr Montney AGS Geological Atlas of the…
Montney Resource Context C K G G GFC F C ACA G GG GGG FGG G GFK C G C G FC C G G G G J EEE G G K K K G K AC G F FC C K A K C GG F FK K C G G E G K C G CC G F G J S K F CG G GK G CG C G GK GG G C G G ESE J C GF A F FC G GS GGG FG F KF…
Inga, B.C. Montney Activity Exploration Upside OGC Wet Gas Upper Montney at intermediate depths of W Window SRX Nig/Umbach 1,800-2,000m. 3-5 mmcf/d 15-30 bbls/mmcf Liquids Rich Window Trax: 88mm; 3MM/sec Over-pressured 30%-40% Progress…
Inga, B.C. Montney Emerging Development U C F G Blueberry C G 2-3mmcf/d CV CV GVV ARC Mont Hz Industry Hzs All Artek lands in super charged liquids yield F G 100-150 bbls/mmcf F L G S CC F L U L UF G F Fairway at 100-250+bbls/mmcf…
Inga, B.C.- Upper Montney Value Potential Inga Montney Analogues Arteks 10-17 Montney well tests 794 boe/d Ave Hz Type Curve 63% condensate IP 30 440 boe/d 64% liquids 500 RTK Inga 10-17 Hz IP30 Analagous economics to Blueberry/ Tower…
Undrilled - Upside Potential 2,500 Third Party Engineering Value: (1) Undrilled 2013 2P NAV (1) Unrisked Dec. 31/2013 Proven 2P 2P Oil &Liquids Potential (2) (+assoc. gas) only 2,000 Reserves 183.2 390 330 BTPV10 MM NAV/sh…
Advisory Natural gas & liquids reserves & volumes are converted to a common unit of measure on a basis of six thousand cubic feet (mcf) of gas to one barrel (bbl) of oil. Disclosure provided herein in respect of barrels of oil equivalent…
TSX : RTK www.artekexploration.com
APPENDIX
Peace River Arch - Exploration Shallow Triassic Oil Emerging Low Cost Growth W S EE E E E EJ E S F F F K F F PRA Production from: Gething, Charlie Lk., K S J I JI I S FF F I F FEE EE EEEE E F EEK DVN Cecil Pool I F…
Leduc Woodbend, AB Cash Flow Glauconite Oil Cash Engine Artek Operates Glauc. unitized oil pool 40% W.I. Artek Battery Sold (219 boe/d) Q1 2012 for 19.5 MM = 33 34 35 & gathering 36 89,000/boe/d; 28/boe 2P E 141 UUU378 Unitized…
Deep Basin Non core upside Multi-zone Resource Gas and Liquids Value Option A K F K F K F F C A A A A A A AA AA A A A F F ACF F FF F F C F F F C F FC C F F F CF F AC C A AA AA A AA AA…
W. Canada Condensate Demand/Pricing Q1/14 Condensate avg. C113/B (US6.75/B premium to WTI)
2014 Hedges Volume Price (CDN) Term 200 bbls/d 101.30/bbl Cdn. Cal 2014 200 bbbls/d 100.20/bbl Cdn. Cal 2014 2,000 GJ/d 3.40/GJ April 1, 2014 October 31, 2014 2,000 GJ/d 3.50/GJ April 1, 2014 October 31, 2014 2,000 GJ/d 3.67/GJ April 1,…
*Artek is a Junior E&P co. incorporated in 2005 - public on TSX in 2010 Management Team Darryl Metcalfe - President & CEO 28 years: Ketch, AEC, Conwest Darcy Anderson VP Finance & CFO 28 years: Pegasus, Mustang, Barrington Bruce…
Analyst Coverage Peters & Co. Ltd. Cormark Securities Inc. National Bank Financial GMP Securities LP Raymond James Clarus Securities Dundee Capital Markets FirstEnergy Capital Corp. MacQuarie Group Limited
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