l Canadian Spirit Resources Inc. Corporate Presentation April 2015 TIMED FOR GROWTH
INVESTMENT CONSIDERATIONS CSRI represents a significant option value to supply natural gas to the proposed LNG projects on Canadas West Coast Montney natural gas resource focused in one core area at Farrell Creek/Altares 10.5 TCFE…
FARRELL CREEK/ALTARES LOCATION PRINCE RUPERT KITIMAT CSRI lands have all season access Strategically located on pipeline infrastructure that will service LNG facilities 4
THE LAND CSRI lands consist of 100% working interest and joint venture (Canbriam) lands Petronas purchase in November 2013 of Talismans Farrell Creek/Altares interests immediately adjacent to CSRIs property valued land at 5,700 per…
THE RESOURCE & RESERVES GLJ - Company Resource Assessment, February 29, 2012* Natural Gas Resource Categories Resource (Bcf) Total Petroleum Initially in Place (TPIIP) 5,550 Discovered Petroleum Initially in Place (DPIIP) 1,928…
FARRELL CREEK/ALTARES CORE AREA Strategically located in Montney resource fairway. CSRI lands contiguous with dominant Montney players (Petronas, Crew Energy Inc. and Arc Resources Ltd.). All elements of infrastructure available…
WEST BLOCK Delineation and validation of CSRI resource potential by third party drilling bordering CSRI lands. Over pressured Montney 12.7 EUR 6.3 Bcf , Kpa/m to 16.2 Kpa/m gradient IP 3.7 MMcf/d CSRI 100% WI c-81-H horizontal…
EAST BLOCK Adjacent to Arc Resources Ltd. 4-20 west Attachie liquids-rich production pilot. CSRI 1-31 vertical JV well tested at 370 Mcf/d from single stage frac with 16.2 Kpa/m gradient. CSRI 100% WI 1-1 operated horizontal…
OPERATIONS & PRODUCTION CSRI operated two 100% WI horizontal wells in 2014 1-1-83-25W6 drilled in March 2014 3,250m measured depth, 900m horizontal in Montney Land retention well for nine sections of 100% WI east block lands…
Type Curve and Economics 6000 Type Well (3.7 mmcf/d) Analog Canbriam/CSRI c-B18-I well: Improved Completion (5.5 mmcf/d) Rig released April 2011, fracd Sept 4500 Analogy Production Rate, mcf/d 2011, on production Oct 2011…
MONTNEY FRAC WATER SOURCE PIPELINE CSRI owns a 25% WI (Canbriam 75% WI) in a 25 km pipeline that extends from the Williston Lake Reservoir to the Montney JV gas plant Secure access to water Government licence allows up to 10,000…
FINANCIAL POSITION Cash on hand: 2.4 million No debt, no obligations Monthly G&A cash expense Approximately 114,000 Approximately 96.1 million of tax pools available June 2014 - Private Placement - Units Price: 0.50 Gross…
SHARE INFORMATION TSX-Venture Trading Symbol SPI Shares Outstanding Basic (MM) 128.9 Market Capitalization 0.30/share (MM) 38.7 Management/Director Ownership - Basic 6.9 % Major Shareholder: Elmag Investments Inc. 37.9 %…
INVESTMENT SUMMARY Montney is one of the leading shale gas plays in North America CSRI represents a significant source for long term LNG gas supply Strategic infrastructure Expandable gas plants Frac water source pipeline CSRI…
CORPORATE INFORMATION Management TSX Venture Listing Reserve Evaluator J. Richard (Rich) Couillard Trading Symbol: SPI GLJ Petroleum Consultants Ltd. President & CEO Corporate Office Bank Dean G. Hill First Alberta Place ATB Corporate…
APPENDIX 18
LOWER CRETACEOUS RESOURCE PLAY 100% WI 35,856 net acres to base of Jurassic Nikanassin Formation. Lower Cretaceous Gething, Moosebar and Gates tight sand and shale resource potential. 100% WI 1.1 MMcf/d Pilot Gas Facility,…
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