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Blackbird Energy Inc
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June 2015 Corporate Presentation
| Garth Braun | Page 3 of 11 |
November 23, 2024
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"June 2015 Corporate Presentation"
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Developing A World Class Asset Focused on the Liquids-Rich Montney Resource in NW Alberta ? Assembled Large Land Position in Liquids Rich Corridor at Elmworth / Gold Creek ? 81 sections (51,840 acres) ? Neighborhood is becoming prolific for high condensate / gas ratios and over-pressured reservoir ? Multi-zone resource with over 200 meters of charged pay ? Immense upside in reserve value – currently unbooked ? Delineation and De-Risking – We are Just Getting Started! ? Blackbird has recently completed two wells targeting the Upper and Middle Montney which confirms liquids-rich deliverability ? Both wells tested over 125 Bbls/Mmcf of liquids rich gas ? Additional wells to be drilled in H2 2015 ? Blackbird’s Future ? Funded Exploration with $24.5 million in working capital ? Significant upside through transition to cash flow, delineation of additional zones, additional land acquisitions and improved economics