Strategic Oil & Gas Ltd · OTC:SOGFF
Strategic Oil & Gas — Investor Presentation (October 2013)
23 slides from Strategic Oil & Gas's investor presentation, October 2013
Slide 1: Corporate Presentation October 2013
Corporate Presentation October 2013
Slide 2: Legal Disclaimer
Legal Disclaimer This presentation contains a summary of Management’s assessment of results and should be read in conjunction with the Annual Information Form and the Consolidated Financial Statements and Management’s Discussion and Analysis as filed on SEDAR. This presentation contains certain forw
Slide 3: Corporate Profile
Corporate Profile Trading Symbol SOG.V Common Shares 260 MM Options 13 MM Directors & Officers Ownership (fully diluted) 34.7% Market Capitalization ($MM) (Oct 21, 2013) $255 MM 2P Reserves1 11.8 MM BOE Net undeveloped Land 0.45 MM acres Bank Line $100 MM Current Production2 4,500 BOED (74% oil) Net
Slide 4: Corporate Production (BOED) - Organic Growth
Organic Growth 6,000 Corporate Production (BOED) 5,000 4,000 3,000 2,000 1,000 0 2010 2011 2012 2013 2010 2011 2012 2013E Production (Boed) 303 948 2,106 3,700 - 3,800 % Oil 55% 69% 89% 73% Prod / Share (Boe/MMshares) 1,115 2,691 4,100 6,430 – 6,600 Prod / Share Growth (%) 141% 52% 57% - 61% 4
Slide 5: Asset Base
Asset Base Focused in North West Alberta Contiguous & Concentrated Land Base 0.45 MM net acres, 693 net sections 95% of Strategic’s total production Cameron Hills Major Asset MARLOWE 0.35 MM net acres, 550 net sections Bistcho 100% working interest, Operated Marlowe Stacked Light Oil
Slide 6: Infrastructure
Infrastructure Cameron Hills Plant PROCESSING • Four major Facilities (Owned & Operated ) • Capacity: 11,000 BOPD1; 130 MMscf gas Bistcho Plant Marlowe Plant • Over 300 km of pipeline Steen Plant TRANSPORTATION Year round access • Currently Trucking 3000 BOPD from Steen Plant (~$5/bbl) • Pipeline: 4
Slide 7: Rim of the Crater at Marlowe
Rim of the Crater at Marlowe Large structural trap created by the impact of an asteroid and is charged with light oil in 6 horizons. Analogue oil charged structures Ames (Oklahoma) • 8 miles in diameter • Reserves: 43 MMBOE Red Wing Creek (North Dakota) • 5.6 miles in diameter • Reserves: 87 MMBOE 7
Slide 8: Stacked Oil Production
Stacked Oil Production OOIP(1)/Section Depth (m) Zone Resource (MMBBL) 750 Slave Point 100+ sections 12 800 Sulphur Point 100+ sections 5 875 Muskeg Stack 100+ sections 8 950 Zama Currently being mapped - 3 discovered pools with 10 development locations 1000 Keg River 12 3+ potential structures, 30+
Slide 9: Keg River
Keg River 12 MMbbl OOIP(1) 2013 3D Seismic Area 0.5 MMbbl produced ? 16 MMbbl OOIP(1) 1 MMbbl produced ? ? 10 MMbbl OOIP(1) ? 2.5 MMbbl produced • 34o API oil in Reefal Mounds and Keg River Platform along rim 00/xx-22-122-21W5 structure • Conventional vertical wells (DCET=1.65 MM) • Porosity: 10%, P
Slide 10: Keg River Type Curve Economics
Keg River Type Curve Economics Well Type Vertical Well DCET $MM $1.65 Reserves (MBOE) 265 % Oil 95% IP30 (BOED) 200 Year 1 Decline 33% F&D $/boe $6.25 PV 10 ($MM)1 $5.6 ROR (%) 1 >200% Quarterly & Cum Cashflow Payout (Years) 0.6 3,500 Potential Locations 2 40 2,500 Cashflow ($M) 1,500 500 (500) (1,5
Slide 11: Muskeg Stack Short Term Development
Muskeg Stack Short Term Development
Slide 12: Muskeg Stack Type Curves and Economics
Muskeg Stack Type Curves and Economics Muskeg Stack Type Curves 800 m 1200 m Well Type 700 Lateral Lateral 600 Production Rate (BOED) DCET $MM 3.6 4.0 500 1200 m Type Curve Reserves (MBOE) 320 400 400 800 m Type Curve % Oil 80% 80% 300 14-13 (800 m) 200 13-28 (800 m) IP30 (BOEPD) 260 400 4-33 (1200
Slide 13: Muskeg Stack Phase 1 Development
Muskeg Stack Phase 1 Development
Slide 14: Muskeg Stack Phase 2 Development
Muskeg Stack Phase 2 Development
Slide 15: Muskeg Stack Resource Study – NW Quadrant
Muskeg Stack Resource Study – NW Quadrant SOG Muskeg Stack Reserves and Best Estimate Recoverable Resource Summary 35.0 30.0 Reserves/Resources (MMBOE) 25.0 19.4 20.0 15.0 10.0 6.7 5.0 3.4 - 0.9 Best Estimate Prospective Resources Best Estimate Contingent Resources Map Source: McDaniel: Original Oil
Slide 16: Year Round Development
Year Round Development August 2, 2013 16
Slide 17: Corporate Information
Corporate Information MANAGEMENT TEAM RESERVE ENGINEERS McDaniel & Associates Consultants Ltd. Gurpreet Sawhney, MSc, MBA, PEng President & CEO AUDITORS Deloitte LLP Sean Hayes, PhD, PGeol COO LEGAL Norton Rose Fulbright Canada LLP Aaron Thompson, CA CFO BANKING National Bank of Canada Shelina Hirji
Slide 18: Appendix
. + . Appendix 44 Strategic IL 18
Slide 19: Maxhamish – Horizontal Wells
Maxhamish – Horizontal Wells • 100 sections (38.5% WI in ~68,000 acres) • Non-Operated • PIIP(1) > 500 MMbbls; 42° API oil • Areal extensive sand with well control from 140+ wells, 25+ cores 6.5 miles • Depth: 1600m, Thickness: 4 m • Porosity: 16%; Perm: 4 md Oil Fairway • Four multi-stage fractured
Slide 20: Evolving Play - Slave Point Light Oil
Evolving Play - Slave Point Light Oil 20 km 115 ft 20
Slide 21: Sulphur Point Overview
Sulphur Point Overview 00/XX-18-122-22W5 SLPP DOL 27 Feet Northern Rim Well Tested: 30 boe/d 00/XX-27-122-21W5 Eastern Rim SLPP DOL Western Rim 1st Horizontal IP20: 150 boe/d Vertical Well: 50 boe/d 2nd Horizontal well Frac Stimulated 30 Feet • Continuous dolomite sheet (carbonate); 37° API oil • Po
Slide 22: Amber
Amber M a 36,800 net acres with two reservoirs which t u overly each other and both in oil generation r e window o il • Jean-Marie Limestone F a • Muskwa (Duvernay) Shale i r w a y Jean Marie Muskwa (Duvernay) Shale Play • 8-10m net porous Limestone • Gross Thickness of 20-30m • Extensive “blanket”
Slide 23: Growing Drilling Inventory
Growing Drilling Inventory 285 net sections 2014-2018 445 net locations Steen – Sulphur Point 2013-2015 100+ sections Steen – Slave Point Steen - Keg River 100+ sections 45 net locations $1.20/Share* Maxhamish - Chinkeh Sand Steen – Muskeg Stack 400 net locations 35 net sections 2012 Amber - Muskwa
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