Graham and Doddsville - Issue 1 - Winter 2006 (1).pdf
Altima Resources - 2 Pager
1. Altima Resources Ltd. (TSX V: ARH) is a producing junior energy company engaged in the exploration and development of oil
and gas in the Western Sedimentary Basin, Alberta, Canada. The Company’s strategy is to pursue an E&P program focusing on
stacked Multi-Zone plays Cardium and Notikewin core areas, driving growth through vertical and horizontal drilling, utilizing
new technology in multi-stage hydraulic fracturing, increasing oil and liquids weighting, while maintaining low F&D costs.
www.altimaresources.com
CHAMBERS FERRIER PROPERTY & AREA
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Large contiguous land base, interest 29 sections (18,560
gross acres)
Surrounded by Majors, including, Bellatrix, Devon
Energy, ConocoPhillips, Taqua North, Baytex, Peyto and
Husky Energy all drilling in proximity to Altima’s
property
Success rate of 97% of the 42 wells drilled within a nine
Township block surrounding Altima’s lands from 20062012
HIGHLIGHTS
► Producing condensate and gas since October 2011
► Two wells on production
► High working interest and operatorship
► Producing condensate and gas since October 2011
► In place production infrastructure and attractive Crown
Royalty Structure
► High initial production rates
OPPORTUNITY
► Multi-well program; identified 35+ primary drill targets
and has the potential for 80+ wells and 7-10 years of
drilling inventory
► Several locations ready to license
► Forecasting 2,500 BOE/d within 2-3 years
Suite 303-595 Howe Street Vancouver BC V6C 2T5
RECENT SUCCESS & WELLS ON PRODUCTION
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Altima/ConocoPhillips 14-15-41-11 W5M HZ well
drilled to a total MD of 4,280 meters, multi stage
fracturing completed over 1,150 meters in target zone
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new 3.8 km of pipeline and facilities completed and well
placed on production November 2013
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Altima operated 15-35-41-11 W5M multi-zone well
drilled in February 2013, 3.5 miles north of 14-15 well.
Well drilled to 3202 meters in 12 days, a record for the
area
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15-35 well multi-zone fraced, completed, 6.4 km of
pipeline and infrastructure constructed and on-stream
September 2013
T: (604) 336-8610
F: (604) 718-2808
W: www.altimaresources.com
2. NEAR/MEDIUM TERM PRODUCTION TARGETS
► Multi-Zone 3-17 well, workover and recompletion, Q1 2014
► 5-35 vertical well and 9-35 vertical well, Q1
2014
► 15 Wells planned for 2014-2015, cash flows
expected within 6 months of spud
POTENTIAL VALUE
Well type
Multi Zone
Cost Per Well
Cardium
VERT
Notikewin
HZ
$3,850M
$3,850M
$4,820M
80+
5+
7+
Potential Reserves – BCF
– MMSTB
>250
>7
>45
>1.5
>23
>0.9
Potential Gross Revenue
$2,966MM
$483MM
$210MM
Potential Value
$525MM+
$93MM+
$95MM+
Company estimate of
wells in portfolio
TECHNICAL MANAGEMENT
Richard Switzer, P.Geol – President & CEO
Bernie Goruk, P.Eng – Technical Advisor
► Over 35 years of experience in the
petroleum industry
► Currently a director of Petrichor Energy
Inc
► Previously at Texaco, Amoco, Skelly Oil
Canada and Mesa Petroleum working for
T. Boone Pickens
► Member of the American Association of
Petroleum Geologists and a Professional
Geologist with APEGGA
► 34 years of experience in petroleum
engineering and oil and gas operations
► Former property management, team
leader at AMOCO, including 20 years of
varying experience in oil and gas
operations,
drilling/completions,exploitations/explor
ations and administration
Trevor Hamill, P.Geophysicist – Technical
Advisor
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Over 35 years of experience in the
exploration for oil and gas reserves in
the Western Canada Sedimentary Basin
(WCSB)
Worked for Calgary based oil companies,
including Esso, Alberta Energy Company,
and Teck Oil and Gas
DIRECTORS & OFFICERS
CORPORATE SNAPSHOT
Richard Switzer, P.Geol;
CEO, President and Director
Stock Exchange
TSX-V
Jim O’Byrne, P. Land;
Chairman of the Board and Director
Trading Symbol
ARH
Richard Barnett, C.G.A.;
CFO and Secretary
52 Week High/Low:
$0.16 - 0.045
Market Capitalization
34,728,817
Outstanding Shares
315,716,516
Stock Options
12,000,000
Warrants
76,296,720
Fully Diluted Share Capital
404,013,236
Joe DeVries;
Director
Stephen Watts, CA, B.Ecc;
Director
Jurgen Wolf;
Director
Offices: Vancouver and Calgary T: (604) 336-8610
F: (604) 718-2808
W: www.altimaresources.com