Collective Mining | Corporate Presentation - April 2024
Advantagewon Oil Fact Sheet, Q3 2014
1. [ 1 ]
Guadalupe
County
TEXAS
Saratoga
Property
(Hardin County)
Overview:
• Goal: Stock correlated to the price of oil
• Declared first dividend of $0.01 per common share to shareholders
of record on June 15, 2014
• Representative a 10% return of investor’s original investment
• Go public process underway
Saratoga Property
• Lucrative property in the Texas Saratoga
Salt Dome area in Hardin County
• Salt Domes are unique geological
features in which a vent of salt has
pushed up to form a dome shaped
structure which other formations
developed on top of and up
against the sides
• Property acquisition included land
leases, 1 producing and 2 plugged
wells and 1 salt water disposal well
• 51-101 Reserve Report shows a Net
Present Value (10% discount rate) of
over $40 million of oil
• April 2014 completed drilling our first
well which is currently producing
70 barrels of oil per day
• The first Saratoga well has proven
reserves of almost 70,000 barrels of
oil with possible reserves in excess of
over 100,000 barrels
• December 2014 drilled our second well
which has proven reserves of over
75,000 barrels of oil
• Net drilling cost per barrel of the well
was less than US$12 per barrel based
on proven reserves
RESERVE CATEGORY
ESCALATED CASE
NET RESERVES AS OF
NOV 1, 2013
FUTURE NET
INCOME $
PRESENT WORTH OF
FUTURE NET INCOME
DISCOUNTED AT
10%/ANNUM. $
HYDROCARBON
LIQUIDS (BBL)
NATURAL
GAS (MEF)
PROVED DEVELOPED
PRODUCING 4,380 0 172,390 138,100
PROVED NON PRODUCING 2,970 0 64,040 51,980
PROVED UNDEVELOPED 221,260 0 11,761,510 7,651,210
TOTAL PROVED 228.610 0 11,997,940 7,841,290
PROBABLE UNDEVELOPED 967,580 0 62,653,870 35,183,770
TOTAL PROVED + PROBABLE 1,196,190 0 74,761,810 43,025,060
Junior oil company with
a focus on active pursuit of small
yet profitable opportunities
in Texas, USA.
Share
Capitalization
• 50,322,235 common
shares issued
• 62,492,521 fully diluted
2. [ 2 ]
La Vernia Property
• Located in Guadalupe County, Texas, US, which is approximately 90 miles inland from
the Gulf of Mexico
• 51-101 Reserve Report shows a Net Present Value (10% discount rate) of $119 million of oil based
on 10,000 acres
• Advantagewon entered into a land acquisition agreement (1,200 acres) on a lucrative but
conservative drilling opportunity
• Property is located adjacent to a large land parcel with over 6,000 existing producing wells
• These wells are approximately 1,000 ft. deep, cost $90-$100,000 per well to drill with starting
production of about 10–15 barrels of oil per day (bpd). Wells in this field have produced on
average for 35 years
RESERVE CATEGORY
ESCALATED CASE
NET RESERVES AS OF
NOV 1, 2013
FUTURE NET
INCOME $
PRESENT WORTH OF
FUTURE NET INCOME
DISCOUNTED AT 10%/
ANNUM. $
HYDROCARBON
LIQUIDS (BBL)
NATURAL
GAS (MEF)
PROVED UNDEVELOPED 2,808,000 0 157,546,690 71,383,520
TOTAL PROVED 2,808,000 0 157,546,690 71,383,520
PROBABLE UNDEVELOPED 1,872,000 0 105,458,660 47,770,110
TOTAL PROVED + PROBABLE 4,680,000 0 263,005,350 119,153,630
• 12% of the 119 million applies to our acreage
Development Plans
Saratoga Property
• Maintain production on 3 open wells
• Investigate new drilling locations
• Existing 51-101
La Vernia Property
• Additional leasing ongoing, targeting 3,000+ acres
• Plan on drilling 1 to 2 wells by the end of Q1 2015
• May be able to drill up to 300 new wells
• Existing 51-101
New Fields
• The company is actively pursuing additional leasing and
acquisition opportunities
Team
PAUL HABER, C.A., C.P.A., Chairman &
Chief Executive Officer
JOHN M. THIBEAUX, P.E.
Executive Vice President, US Operations
DAVID COPELAND
Vice President, Geology
PAUL VAN BENTHEM, Director
STAN DIMAKOS, Director
Contact:
Paul Haber
+1.416.318.6501
phaber@advantagewonoilcorp.com