BLACKBIRD ENERGY INC.

Transcription

1 BLCKBIRD ENERY INC. Liquid Rich Montney Natural as Resource Play In the Deep Basin West Central lberta Q 4, 2012 VNCOUVER SMLL-CP CONFERENCE

2 Reasons to Consider Investing In Blackbird Blackbird has graduated to being a Producer. Two wells on production with a third commencing production end of November. The Deep Basin Montney Resource play in the Bigstone rea of lberta is economically competitive. Bigstone is one of the few plays that works in low gas price environment; Highly Regarded Industry Partners in the Project : Pooling greement with Trilogy Energy Inc. & TQ North. Donnybrook drilling operator and Trilogy Energy completion operator; Production tie in is fully funded ($3,500,000). Blackbird Post Merger with Ruger Energy will be fully funded, $5,200,000. Capital budgets will include to drill one Montney well in 2013 and two wells on our Saskatchewan project. Management has the capacity to acquire additional private co s, originate new projects and become the next significant Montney Player. Blackbird Energy Inc. 2 BBI 2010 TSX Deloitte V

3 Transformational Transaction: Merger with Ruger Energy Inc. Blackbird becomes an Operator in lberta and Saskatchewan; Enhancement of Management, Strong operational capacity and ability to originate new opportunities; Strengthens balance sheet, approx. $5,200,000 in cash and deposits; Diversification of project base with a focus on both the deep basin in West Central lberta and an oil focused project in Saskatchewan; The proposed purchase of Ruger was facilitated by Blackbird s management. No banking or broker fees associated with the transaction. transaction of similar size facilitated by a banker/broker would have a cost in excess of $500,000. WHY IS RUER ENERY MERIN WITH BLCKBIRD? BISTONE Blackbird Energy Inc BBI Deloitte

4 Management Team Post Merger with Ruger Energy Inc. arth Braun CEO and Director: Mr. Braun brings to the company more than 30 years of diversified business background in the following sectors: oil and gas, finance, real estate and mining operations. Mr. Braun gained extensive experience in the operations of an international oil and gas company where he served as CEO and Chairman. Darrell Denney Proposed COO and Director: Mr. Denney is a registered engineering technologist with over 30 years of experience encompassing production, exploitation, drilling and completions. Over the last 12 years Mr. Denney has been focused on operations and management of small private E&P companies. Murray Scalf Proposed Director: Mr. Scalf has over 25 years of experience in the oil and gas industry. Mr. Scalf is a director and COO of Donnybrook Energy Inc and Donnycreek Energy Inc. Mr. Scalf was the President of Dorado Energy Inc., a private oil and gas exploration and production company acquired by Wildstream Exploration Inc. in January Mr. Scalf was formerly the President of Denim Exploration Corp., and prior thereto, President of Dorchester Energy Inc., both Calgary-based oil and gas companies which were ultimately acquired by senior Canadian producing oil and gas companies. Mr. Scalf is a member of the Canadian ssociation of Petroleum Landmen. Terry Skilnick, eologist. eologist with over 12 years experience of successfully identifying economic resource opportunities; Donnycreek Energy Inc. Donnybrook Energy Inc. and Denim Exploration have been built on his qualified recommendations and insight. David Finn Director: Mr. Finn is a petroleum consultant who has been active in the oil & gas business for over 30 years. He began his oil and gas career as an employee with moco Canada Petroleum Company Ltd. in the geological and engineering departments where he was involved in petrophysical and economic analysis of company interests in the Western Canadian sedimentary basin 4 BBI: 2010 TSXV Deloitte

5 Blackbird s Bigstone Montney Project eographically concentrated assets NL-rich, high heat content natural gas Substantial drilling inventory (27 total wells) 8 sections totalling 5,120 gross acres/1,120 net acres. Bigstone Wells have demonstrated strong economics (70 80 bbls/mmcf) Blackbird Bigstone Project Very high Estimated Ultimate Recoveries (EUR) Blackbird Energy Inc. Pipelines and surface facilities constructed and operational Deloitte

6 Fir nd Montney Vertical Wells Blackbird Energy Inc Deloitte

7 Bigstone: Montney De-risked BBI 3-29 Test 4.3 mmcf/d 295 bbls/d 1,011 BOED BBI Test 1.1 mmcf/d 50 bbls NL/d 233 BOED BBI #4 To be driled 2013 BBI Test 2.87 mmcf/d 510 bbls NL/d 988 BOED 7 Test 3.5 mmcf/d 250 bbls NL/d 810 BOED Test 15 mmcf/d 750 bbls NL/d 3,115 BOED

8 lsask Saskatchewan T28 R1W4 R29W3 T28 1,080 acres of land 100% W.I Development Drilling locations Oil treating capacity 2 drilling locations, one of which is a dual zone new pool prospect T27 L L U I E L E J LDK E L Water Disposal well E E J Oil Producers Drilling Exploration location T27 Unlimited water disposal capacity (disposal well takes water on vacuum) 3D seismic over all land I I Year around access and low operating costs J I FJ U L U R1W4 R29W3 WELL LEEND Bottom Hole Locations: E J L 8 Location Oil Dry & bandoned bandoned Oil bandoned as D Service or Drain F as I Suspended Oil K Suspended as N WELL LISTS RUER WELLS RUER ENERY Inc. lsask BBI 2010 TSX Deloitte V

9 Futures Contracts Forecasting Natural as Prices Bottom of Natural as Market

10 Bigstone Montney Performance Bigstone Stacks up to the best of the Natural as/nl plays

11 Blackbird Energy Inc. BBI TSXVTSXV Deloitte

12 Blackbird Energy Inc. BBI TSXVTSXV Deloitte

13 Construction of Surface Facilities well 13-33

14 Blackbird Energy Post Merger Shares Outstanding: ~123 Million Shares Market Capitalization at $.09/share: ~ $11,000,000 Insiders/ffiliates Own: ~ 30% Cash & Equivalents: $5,200,000 Debt: $1,230,000 Third Well to be tied into infrastructure November Bigstone Drilling Inventory fter Completion of 2012: 27 ross Wells, 1,200m Hz Develop Oil Project in Saskatchewan Blackbird Energy Inc Deloitte

15 Summary of Investment Highlights High quality proved producing reserves Significant Montney oil and gas pool development Blackbird is Fully Funded to drill future wells Highly Regarded Industry Participants In the Project (Trilogy Energy, Donnybrook, TQ North) Experienced Management with proven track record High insider ownership Blackbird Energy Inc. 15

16 Forward looking Statement Each person to whom a copy of this company presentation ( Presentation ) is provided is a User and each User agrees to be bound to the terms of this agreement. IF YOU DO NOT REE TO THESE TERMS RETURN THIS PRESENTTION TO BLCKBIRD ENERY INC. (BLCKBIRD). UNRED ND UNUSED. The attached information has been prepared by BLCKBIRD using its best efforts to realistically and factually present the information contained. However, subjective opinion, dependence upon factors outside BLCKBIRD'S' control and outside information sources unavoidably dictate that BLCKBIRD cannot warrant the information contained to be exhaustive, complete or sufficient. In addition, many factors can affect the information in the Presentation which could significantly alter the results intended by BLCKBIRD, rendering the projections in the Presentation unattainable or substantially altered. This Presentation does not constitute a prospectus or public offering for financing, and no guarantees are made or implied with regard to the success BLCKBIRD'S proposed ventures. Some of the information in this Presentation are forward-looking statements. The User can identify these forward-looking statements by forwardlooking words such as may, will, expect, potential, anticipate, forecast, believe, estimate, project, plan, continue or similar words. The User should read statements that contain these words carefully because they discuss future expectations, contain projections of future results of operations or of financial condition, or state other forward-looking information. Forward-looking statements include, but are not limited to, statements regarding potential reserves, exploration results, development or production programs, and future plans and objectives of BLCKBIRD. ctual results relating to, among other things, reserves, results of exploration, capital costs and production costs could differ materially from those currently anticipated in such statements. BOEs may be misleading, particularly if used in isolation. BOE conversion ratio of 6 Mcf: 1bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. Factors affecting forward-looking statements include: the speculative nature of mining and natural resource exploration activities; changes in reserve estimates; the productivity of BLCKBIRD S proposed properties; changes in the operating costs; changes in economic conditions and conditions in the resource, foreign exchange and other financial markets; changes of the interest rates on borrowings; hedging activities; changes in the investments and exploration expenditure levels; litigation; legislation; environmental, judicial, regulatory, political and competitive developments in areas in which BLCKBIRD operates; technological, mechanical and operational difficulties encountered in connection with BLCKBIRD S natural resource exploration activities; and labour relation matters and costs. The Presentation is being disclosed to User for User s discussion, review, and/or evaluation only. User agrees to hold the Presentation, and all related information and discussions, in strict confidence. User agrees that BLCKBIRD reserves all rights in and to the Presentation. User agrees to return all originals and all copies of all materials related to Presentation to BLCKBIRD upon request or upon the conclusion of User s review and evaluation of the Presentation thereof, whichever is earlier. Blackbird Energy Inc.

17 Blackbird Energy Inc ranville Street Vancouver, BC, Canada V6C 3P1 Tel: Shareholder Communications Doren Quinton, President QIS Capital Tel: Calgary Office opening in December, 2012