Mcf Energy Ltd · TSXV:MCF
Mcf Energy — Investor Presentation (January 2023)
20 slides from Mcf Energy's investor presentation, Jan 5, 2023
Slide 1: Delivering Large-Scale Natural Gas Exploration for Europe's Energy Crisis
Delivering Large-Scale Natural Gas Exploration for Europe’s Energy Crisis January 2023 Corporate Presentation MCF Energy Ltd. (Formerly Pinedale Energy Limited) is listed on the TSX-Venture Exchange under the symbol “MCF”. 1
Slide 2: Advisories
Advisories Note to Investors This presentation does not constitute an offer to sell, or a solicitation of an offer to buy, any securities by any person in any jurisdiction in which it is unlawful for such person to make such an offer or solicitation. This presentation is not, and in no circumstances
Slide 3: Investment Overview
Investment Overview • First Mover Advantage • MCF Energy is the first modern public company consolidating large-scale exploration opportunities in Western Europe • Team with Strong European Track Record • CEO James Hill led exploration for Bankers Petroleum, which grew oil production in Europe by 20
Slide 4: Capitalization
Capitalization Capital Structure # of Shares Existing Pinedale Energy shareholders 115,472,114 Sub Receipts Financing @ $0.20/share 42,500,000 Shares for German/Austrian interests 26,250,000 Proforma common shares 184,222,114 Dilutive securities Stock options issued and outstanding 13,600,000 Profor
Slide 5: Focused Executive Leadership
Focused Executive Leadership Jay Park, KC James Hill, P. Geo Aaron Triplett, CA, CPA Executive Chairman & Director CEO & Director CFO & Corporate Secretary Over 40 years experience advising Professional geologist with over 40 Chartered Accountant (2008) and governments and the world’s largest years
Slide 6: Independent Board of Directors
Independent Board of Directors General Wesley Clark Richard Wadsworth, P. Eng. Jeffrey Harder, FCPA, FCA, FCBV, ICD.D Director Director Director General Clark was Supreme Allied Mr. Richard Wadsworth is a petroleum Mr. Jeffrey Harder has more than 40 years Commander Europe of NATO from engineer with
Slide 7: Visionary Strategic Advisors
Visionary Strategic Advisors Ford Nicholson Ford Nicholson is an accomplished, energetic oil and gas entrepreneur with extensive experience in building public energy companies in Asia and Europe. He is the former deputy chairman of InterOil Corporation, a fully integrated company developing LNG for
Slide 8: Renowned Technical Advisors
Renowned Technical Advisors John Gaffney John joined Gaffney, Cline & Associates (GCA) in 2004 as a Business Development Manager, both in the UK and then in Singapore. He then served as the Regional Director for Asia Pacific from 2009-2014. He then returned to the UK to be the Regional Director for
Slide 9: Our Story
Our Story In 2004, MCF Energy principals Ford Nicholson, Richard Wadsworth, Gord Keep and Frank Giustra co-founded Bankers Petroleum (“Bankers”) to revitalize the Patos Marinza oil field in Albania, with James Hill as VP Exploration ● Production growth of over 2000% by 2015; Peak market cap over $2.
Slide 10: European Energy Opportunity
European Energy Opportunity ● War in Europe has exposed Europe’s dependency on Russian energy ○ Russia’s gas restrictions have resulted in “the largest inflationary shocks in Europe since World War II, beating that of the oil crisis in the 1970s.” ○ The continent could be “heading towards deindustri
Slide 11: The Solution: MCF Energy
The Solution: MCF Energy ● First new public company offering investors exposure to European gas since the outbreak of the war in Ukraine ● Deep expertise in European energy and track record in capital markets ● Significant natural gas prospects in Austria and Germany with a clear path to market and
Slide 12: Large-Scale Prizes in Western Europe
Large-Scale Prizes in Western Europe MCF has entered into an assignment and farm in agreement to acquire rights in two significant assets: ● The Welchau prospect in Austria, to be spudded before September 2023, where MCF Energy can earn up to a 40% interest; and ● Proven large-scale Reudnitz gas dev
Slide 13: The Opportunity: Austrian Gas
The Opportunity: Austrian Gas Over 140 meters of potential oil and gas bearing thickness to be drill tested before Sept 2023 Parameter Specific Attribute Austria Location Austrian alps – foothills region Play type Thrust belt play Depth Approx. 1,200 to 2,000 meters Reservoir Steinalm Formation Char
Slide 14: Austrian Gas Prospect Details
Austrian Gas Prospect Details The target well test has significantly reduced risk on Gross Prospective Resource Estimates - GaffneyCline ● Gas quality and charge (high condensate yield of 40 bbls/mmcf from test) ● Reservoir productivity (3.5 mmcf tested downdip) Hydrocarbon Type Unit 1U 2U 3U ● The
Slide 15: Germany: Strong Prospects and Partner
Germany: Strong Prospects and Partner Reudnitz gas prospect with multi-zone hydrocarbon potential Berlin Proven conventional technology with minimal environmental impact MCF partner Genexco is a proven operator in Europe with strong technical expertise Several additional prospects under evaluation a
Slide 16: Reudnitz Gas Development
Reudnitz Gas Development ● Approximately 70 kilometers southeast of of Berlin in rural area, at an elevation of approximately 54 meters above sea-level ● Structural pinchout of Rotliegend sands against SE Brandenburg basement high ● Primary prospect is the Rotliegend Reudnitz gasfield, a faulted blo
Slide 17: Runway in Germany
Runway in Germany MCF Energy has a framework with its partner Genexco to earn into a significant portfolio of hydrocarbon prospects in Germany at various stages of development. Additional Prospects Opportunity Under Evaluation / Application Overview Prospect Area - A Southern Basin - Application sta
Slide 18: Commercial Terms
Commercial Terms In Austria, MCF Energy can earn up to a 40% interest in the Welchau opportunity by funding 100% of the drilling costs estimated to be EUR 3.81 million: ● MCF will fund up to 50% of the exploration drilling costs for the Welchau Well to a vertical depth needed to test the target Tria
Slide 19: Strong Capital Markets Track Record
Strong Capital Markets Track Record MCF Energy principals have an exceptional track record of value creation in the capital markets: 2021 K92 Mining (Carson Seabolt and Mario Vetro, co-founders) approaches $2 billion market cap and wins prestigious PDAC Thayer Lindsley Award 2019 Reconnaissance Ener
Slide 20: Corporate
Corporate TSXV MCF Energy Ltd. (formerly Pinedale Energy Ltd) MCF.H Suite 3123 - 595 Burrard Street Vancouver, BC V7X 1J1 T. 604.609.6110 www.mcfenergy.com Auditor Legal Counsel MNP LLP Farris LLP Vancouver, BC Vancouver, BC Registrar & Transfer Agent Evaluation Engineer Investor Contacts Odyssey Tr