Vital Energy Inc. · TSXV:VUX
Vital Energy — Investor Presentation (April 2016)
12 slides from Vital Energy's investor presentation, April 2016
Slide 1: Vital Energy Inc. Corporate Presentation
Vital Energy Inc. Suite 500, 940-6th Avenue S.W. Calgary, Alberta T2P 3T1 Tel: 403-699-9668 Fax:403-699-9660 Website: www.vitalenergyoil.com VITAL ENERGY INC. CORPORATE PRESENTATION April 2016
Slide 2: Safe Harbour Statement
Safe Harbour Statement This presentation contains forward-looking statements including expectations of future production, cash flow and earnings. These statements are based on current expectations that involve a number of risks and uncertainties, which could cause actual results to differ from those
Slide 3: Introduction
Introduction Vital Energy Inc. is a public junior oil and gas company based in Calgary, Alberta, focused on conventional crude oil exploration, development and production in Western Canada. Vital has acquired high quality petroleum lands for low-risk projects and maintains high working interests in
Slide 4: Capitalization
Capitalization Issued and outstanding shares 60,499,971 Common shares issuable upon 4,750,000 exercise of stock options (exercise price $0.25 per share) Common shares issuable upon 21,250,000 conversion of convertible debentures (conversion price $0.10 per share) Common shares fully diluted 86,499,9
Slide 5: Directors
Directors Hai Zhou – Chairman – Mr. Zhou is Vital’s largest shareholder owning 54.3%. He is also the Chairman of the Weiyi Group of Companies (http://www.gswyjt.com) involved in mining, real estate, power generation, pharmaceutical and agriculture in China. Fang Chen – Director – Registered lawyer a
Slide 6: Management Team
Management Team Zhouliang (Nick) Zhang, PhD, P. Geol. – Director and Chief Executive Officer – Petroleum geologist with over 20 years of experience, and co-founder of Ceno Energy Limited. Before joining Ceno Energy Limited as CEO, Mr. Zhang held various technical and managerial positions with intern
Slide 7: Assets
Assets Vital’s projects are located in three carefully selected core development areas in the provinces of Alberta and Panny Saskatchewan: • medium oil assets in SW Saskatchewan. • Light oil assets in north-central Alberta. Alberta Saskatchewan • Heavy oil assets in Lloydminster Standard Hill Albe
Slide 8: Gull Lake Project – S.W. Saskatchewan
Gull Lake Project – S.W. Saskatchewan 2.56 sections (1,638 acres), Vital WI 50%. Vertically stacked pays for Water medium light oil (17-24o injector API) and sweet gas from Compressor 1,000 to 1,100 m depth. & Separator Currently 7 production Injection wells tied in to water plant injection, g
Slide 9: Pennant Project – S.W. Saskatchewan
Pennant Project – S.W. Saskatchewan 6 contiguous sections of land (3,840 acres) on an Upper Shaunavon (USHV) production fairway, 100% Vital WI. USHV produces medium light oil (22o API ) from relatively shallow depth (around 980m). 1 vertical and 3 short horizontal wells on production totaling
Slide 10: Baxter Lake Project – East Alberta
Baxter Lake Project – East Alberta Heavy oil (16o API) is produced from sandstones of the Sparky Formation. 6 more drilling locations have been identified to further expand oil production. Well remediation and water injection project are planned to enhance current production and improve econom
Slide 11: Panny Project – “Step Out” Drilling Central Alberta
Panny Project – “Step Out” Drilling Central Alberta • 11 sections of land (6,958 acres). • Proven Keg River production within and around the property and close to existing infrastructure. • Very light sweet crude oil (39o API) from relatively shallow depth (1,100m). Up-hole light oil potential inclu
Slide 12: Corporate Information
Corporate Information Vital Energy Inc. Address: - Suite #500, 940 6th Avenue S.W. Calgary, AB, T2P 3T1 Contact: - Jeff Standen, President Phone: - Bus. (403) 699-9668; Cell (403) 615-5827 Email: - jstanden@vitalenergyoil.com Website: - www.vitalenergyoil.com Public Listing: - “VUX”-TSX-V (Toronto S