Squatex Energy And Ressources Inc · CSE:SQX
Squatex Energy And Ressources — Squatex Energy and Resources — Investor Presentation (September 2016)
16 slides from Squatex Energy And Ressources's investor presentation, September 2016
Slide 1: Corporate Presentation
www.squatex.com Massé No2 well 2016 15 YEARS OF ACCOMPLISHMENTS Corporate Presentation September 2016
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS Certain statements made herein may constitute forward-looking statements. These statements relate to future events or the future economic performance of SQUATEX and carry known and unknown risks, uncertainties and other factors that may appreciably affect their results, ec
Slide 3: Highlights
HIGHLIGHTS Ressources et Énergie Squatex (SQUATEX), founded in 2001 and issuer since 2011, is the operator of the exploration work on its properties and is looking for investment to accomplish its exploration projects. 656 093 Hectares : Territory under exploration permits by SQUATEX in Quebec (
Slide 4: Presentation of Squatex
PRESENTATION OF SQUATEX Ressources et Énergie Squatex Inc (SQUATEX) is a junior Quebec oil and gas exploration company created 15 years ago, in 2001. It was established on 12 April 2002 under the Canada Business Corporations Act. SQUATEX is a reporting issuer since 2011 (www.sedar.com) in the provin
Slide 5: Squatex Work History in the Province of Quebec
SQUATEX WORK HISTORY IN THE PROVINCE OF QUEBEC 5
Slide 6: Our Drilling Techniques
OUR DRILLING TECHNIQUES SLIM HOLE DRILLING TECHNIQUES AT LOWER COST AND REDUCED ENVIRONMENTAL IMPACT Since 2010, SQUATEX makes use of technical innovations and appropriate drilling methods (Slim Hole) to carry out its exploration works (like other oil companies that use them as Shell, Amoco, Elf and
Slide 7: Property covering 656 093 Hectares (1 621 205 Acres)
PRESENTATION OF SQUATEX Property covering 656 093 Hectares (1 621 205 Acres) Exploration Expenses Lowlands 39% Lower St. Lawrence 61% 18 M$ invested
Slide 8: Large territory under permits in the St. Lawrence Lowlands
Since 2006, SQUATEX is holding a large territory under permits in the St. Lawrence Lowlands that is very well sited with respect to prospective areas. This property covers in part, the carbonated Ordovician platform (Trenton, Black River. Beekmantown), the overlapped areas and includes a significant
Slide 9: The St. Lawrence Lowlands
THE ST. LAWRENCE LOWLANDS After performing various geochemistry and seismic works, SQUATEX signed an agreement with Petrolympic then with Canbriam Energy in 2008. The company drilled the Farnham No.1 well in the Utica Shale in 2009. SQUATEX and its partners have suspended the exploration of the prop
Slide 10: The Lower St. Lawrence
THE LOWER ST. LAWRENCE Squatex exploration investments over this permits block have exceeded so far $ 11M. The work accomplished includes the recording of seismic profiles in 2002, 2005 and 2008, the acquisition of regional gravity and high resolution aeromagnetic surveys in 2009, followed since by
Slide 11: Exploration in the Lower St. Lawrence
EXPLORATION IN THE LOWER ST. LAWRENCE In 2010, as part of its geological field assessment, SQUATEX carried 10 stratigraphic core drilling, with depths varying from a few meters to almost 300 meters. In 2011, two additional wells (600m and 400m) were drilled. Between 2012 and 2014, SQUATEX drilled th
Slide 12: The Massé Project
THE MASSÉ PROJECT The Massé No.1 and No.2 wells are located on a structural collapsed block within a large shears and overlaps zone between dextral offset Neigette and Shickshock South faults. These two deep wells have exhibited very significant oil and gas shows within fractures and primary porosit
Slide 13: Proposed Work in 2016-17
PROPOSED WORK IN 2016-17 Phase 1 : 2016-2017 Appraisal of the extent of dolomitization (HTD) over the Massé Structure and beyond • Reconditioning of the Massé No.2 well and production tests • Directional drilling of three lateral legs from various kick off depths: Massé No.2 A (Length 1000m) Massé N
Slide 14: Proposed Work in 2017-18
PROPOSED WORK IN 2017-18 Phase 2 : 2017-2018 Appraisal of the extent of dolomitization (HTD) West of Massé • Drilling of vertical well St-Marcelin No.1 (Total depth 1800m) • Drilling of vertical well St-Gabriel No.1 (Total depth 2100m) •Drilling of vertical well Massé No.3 or No.4 (Total depth 2000m
Slide 15: Estimated Cost of Work
ESTIMATED COST OF WORK Current program of work for phase 1 in 2016-2017 $ 6 831 000 2 500 000 2 000 000 1 500 000 1 000 000 500 000 0 1 2 3 4 5 6 7 8 9 10 11 12 Distribution of exploration expenditures over 12 month Planned work program for Phase 2 in 2017-2018 $ 6 886 000 2 000 000 1 500 000 1 000
Slide 16: For More Information
FOR MORE INFORMATION 7055 Boul. Taschereau, Suite 500 Brossard, Quebec J4Z 1A7 Tel: (450) 766-0861 Fax: (450) 466-0772 www.squatex.com Jean-Claude Caron, President jccaron@squatex.com René Guimond, V-P Finances rguimond@squatex.com Paul Laroche, P. Eng, P. Geo, Exploration Manager plaroche@squatex.c
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