This document provides an overview of Adira Energy Ltd., a TSX-V listed oil and gas company focused on onshore and offshore exploration in Israel. It summarizes that Adira has working interests in three offshore and one onshore exploration licenses, is sufficiently capitalized to complete planned exploration, and has a strong shareholder base and access to additional capital. It also notes that 3D geophysics has been completed on two licenses with work ongoing on a third, and that Adira has an experienced board and management team to lead its exploration strategy in Israel.
Adira Energy is a TSX-V listed oil and gas company focused on exploration opportunities in Israel. It holds working interests in three offshore licenses - Gabriella, Yitzhak and Samuel - and one onshore license in the Hula Valley called Eitan. Gabriella and Yitzhak target oil in fractured Jurassic carbonates at depths around 4,900m and 4,600m respectively. Samuel targets both oil in lower Cretaceous carbonates and gas in shallower plays. 3D seismic has been completed or is underway on all licenses.
Adira presentation july 2011 final websiteAdira Energy
This document provides an overview of Adira Energy Ltd., a TSX-V listed oil and gas company focused on onshore and offshore exploration in Israel. It summarizes Adira's asset portfolio including working interests in three offshore and one onshore exploration licenses. It also outlines the company's management team and board of directors who have extensive experience in the energy sector and emerging markets. Adira is well positioned to advance exploration through financing and 3D seismic programs while carefully managing risks.
This document provides an overview of Adira Energy Ltd., a TSX-V listed oil and gas company focused on onshore and offshore natural gas exploration and development opportunities in Israel. It summarizes Adira Energy's asset portfolio including working interests in three offshore and one onshore exploration licenses, experienced management team and board of directors with deep expertise in the Israeli and international energy industry, and current exploration activities including completed 3D seismic surveys. The document also notes forward-looking statements and estimates are based on third party information and subject to change.
Adira Energy September Corporate PresentationAdira Energy
Adira Energy is an oil and gas company exclusively focused on offshore and onshore exploration and production in Israel. It has working interests in three offshore licenses and one onshore license, and has completed 3D geophysics on three of its licenses. Adira Energy is listed on the TSX Venture Exchange and has an experienced board, management team, and local infrastructure to execute its exploration strategy in Israel. Independent resource reports indicate potential resources across Adira Energy's properties.
Adira Energy is an oil and gas exploration company focused exclusively on Israel. It has working interests in three offshore and one onshore exploration licenses in Israel. It is capitalized to complete exploration through pre-drilling stages. Independent resource reports on two of its fields indicate potential resources. The company has offices in Israel and Canada, and an experienced board and management team with expertise in the Israeli energy sector.
Probe Metals is a well-funded Canadian gold explorer focused on its district-scale land package in Val-d'Or East, Quebec. The property hosts an indicated resource of over 1.4 million ounces of gold with potential for expansion. Management has extensive experience in project development and aims to expand resources and make new discoveries through an ongoing exploration program.
The document provides an investor presentation for Usha Resources Ltd. regarding its Q3 2021 activities. It discusses Usha's Green Hills copper-cobalt-nickel project in Montana, highlighting its large land package with over 10,000 meters of historical drilling showing significant copper, cobalt and gold mineralization. Notable drill results from past operators include 1.2% copper, 0.036% cobalt, and 200 ppb gold over 11.7 meters. The project has blue sky potential for expanding known mineralization and discovering new zones through modern exploration techniques.
The document summarizes Probe Metals Inc., a well-funded Canadian gold explorer focused on unlocking value in Val-d'Or, Quebec. Probe has consolidated a 334 km2 land package with a current 1.4Moz gold resource and significant exploration upside. The management team has a proven track record of success and is advancing an aggressive exploration program to expand resources at the Val-d'Or East project.
Adira Energy is a TSX-V listed oil and gas company focused on exploration opportunities in Israel. It holds working interests in three offshore licenses - Gabriella, Yitzhak and Samuel - and one onshore license in the Hula Valley called Eitan. Gabriella and Yitzhak target oil in fractured Jurassic carbonates at depths around 4,900m and 4,600m respectively. Samuel targets both oil in lower Cretaceous carbonates and gas in shallower plays. 3D seismic has been completed or is underway on all licenses.
Adira presentation july 2011 final websiteAdira Energy
This document provides an overview of Adira Energy Ltd., a TSX-V listed oil and gas company focused on onshore and offshore exploration in Israel. It summarizes Adira's asset portfolio including working interests in three offshore and one onshore exploration licenses. It also outlines the company's management team and board of directors who have extensive experience in the energy sector and emerging markets. Adira is well positioned to advance exploration through financing and 3D seismic programs while carefully managing risks.
This document provides an overview of Adira Energy Ltd., a TSX-V listed oil and gas company focused on onshore and offshore natural gas exploration and development opportunities in Israel. It summarizes Adira Energy's asset portfolio including working interests in three offshore and one onshore exploration licenses, experienced management team and board of directors with deep expertise in the Israeli and international energy industry, and current exploration activities including completed 3D seismic surveys. The document also notes forward-looking statements and estimates are based on third party information and subject to change.
Adira Energy September Corporate PresentationAdira Energy
Adira Energy is an oil and gas company exclusively focused on offshore and onshore exploration and production in Israel. It has working interests in three offshore licenses and one onshore license, and has completed 3D geophysics on three of its licenses. Adira Energy is listed on the TSX Venture Exchange and has an experienced board, management team, and local infrastructure to execute its exploration strategy in Israel. Independent resource reports indicate potential resources across Adira Energy's properties.
Adira Energy is an oil and gas exploration company focused exclusively on Israel. It has working interests in three offshore and one onshore exploration licenses in Israel. It is capitalized to complete exploration through pre-drilling stages. Independent resource reports on two of its fields indicate potential resources. The company has offices in Israel and Canada, and an experienced board and management team with expertise in the Israeli energy sector.
Probe Metals is a well-funded Canadian gold explorer focused on its district-scale land package in Val-d'Or East, Quebec. The property hosts an indicated resource of over 1.4 million ounces of gold with potential for expansion. Management has extensive experience in project development and aims to expand resources and make new discoveries through an ongoing exploration program.
The document provides an investor presentation for Usha Resources Ltd. regarding its Q3 2021 activities. It discusses Usha's Green Hills copper-cobalt-nickel project in Montana, highlighting its large land package with over 10,000 meters of historical drilling showing significant copper, cobalt and gold mineralization. Notable drill results from past operators include 1.2% copper, 0.036% cobalt, and 200 ppb gold over 11.7 meters. The project has blue sky potential for expanding known mineralization and discovering new zones through modern exploration techniques.
The document summarizes Probe Metals Inc., a well-funded Canadian gold explorer focused on unlocking value in Val-d'Or, Quebec. Probe has consolidated a 334 km2 land package with a current 1.4Moz gold resource and significant exploration upside. The management team has a proven track record of success and is advancing an aggressive exploration program to expand resources at the Val-d'Or East project.
Probe Metals is a well-funded Canadian gold explorer focused on its district-scale Val-d'Or East project in Quebec. The project hosts an open pit-constrained resource of over 1.4 million ounces of gold with significant exploration upside. Probe has an experienced management team with a track record of successfully exploring and developing gold projects. The company is well positioned to unlock value at Val-d'Or East through ongoing resource expansion and new discoveries.
Probe Metals is a well-funded Canadian gold explorer focused on unlocking value in its district-scale Val-d'Or East gold project in Quebec. The project hosts an NI 43-101 compliant resource of 1.4 million ounces of gold with significant exploration upside. Probe is conducting an aggressive exploration program to expand resources and make new discoveries. The company has a strong cash position, experienced management team, and is advancing the project towards development.
Probe Metals is a well-funded Canadian gold explorer focused on its 334 km2 Val-d'Or East project in Quebec's Abitibi gold belt. The project hosts over 3.2 million ounces of gold in resources and has potential for resource expansion and new discoveries. Probe has a strong balance sheet with over $25 million and is conducting regional exploration to unlock additional value in the underexplored district.
QMX Gold - Corporate Presentation - December 2018 QMXGold
QMX Gold is a Quebec based junior exploration company focused on exploring their extensive and highly prolific Val d’Or Mining Camp in the Abitibi District of Quebec. Building on a broad exploration database, QMX is applying new geological models and systematically exploring new targets.
Probe Metals is a well-funded Canadian gold explorer focused on its 334 km2 land package in the Val-d'Or East district of Quebec. The project hosts an open pit-constrained resource of 1.4 million ounces of gold with significant exploration upside. Probe has an experienced management team and is actively exploring to expand resources and make new discoveries through its ongoing drill program. The project shows potential for resource growth in a mining-friendly jurisdiction near existing infrastructure.
QMX Gold is a Quebec based junior exploration company focused on exploring their extensive and highly prolific Val d’Or Mining Camp in the Abitibi District of Quebec. Building on a broad exploration database, QMX is applying new geological models and systematically exploring new targets.
Probe Metals is a well-funded Canadian gold explorer focused on its 334 km2 Val-d'Or East district-scale land package located in Quebec's Abitibi gold belt. The company has more than doubled its gold resource in 2019 to 3.2 million ounces through exploration success. Probe has a strong balance sheet of $25 million and is led by a management team with a proven track record of value creation. Ongoing drilling is expanding current deposits and discovering new gold trends to unlock the district's exploration potential.
Probe Metals is a well-funded Canadian gold explorer focused on its 334 km2 Val-d'Or East project in Quebec. The project hosts a total gold resource of 3.2 million ounces and has potential for further expansion. Probe has a strong balance sheet of $25 million and is led by a management team with a proven track record of value creation. The project is located in a mining-friendly jurisdiction near infrastructure.
Probe Metals is a well-funded Canadian gold explorer focused on its 334 km2 Val-d'Or East project in Quebec's prolific Abitibi gold belt. The project hosts over 3.2 million ounces of gold in resources and has potential for resource expansion and new discoveries. Probe has a strong balance sheet of $25 million and is conducting regional exploration to unlock additional value in the underexplored district.
The document summarizes an exploration project focused on unlocking value in the Val-d'Or East district in Quebec, Canada. It discusses Probe Metals' 327 km2 land package containing an indicated resource of 1.4 million ounces of gold with significant exploration upside. Probe Metals is a well-funded gold explorer with an experienced management team advancing the project through ongoing exploration and resource expansion drilling.
Probe Metals is a well-funded Canadian gold explorer focused on unlocking value in its district-scale Val-d'Or East project in Quebec. The project hosts an open pit-constrained gold resource of over 1.4 million ounces with significant exploration upside. Probe has an experienced management team with a track record of success and is aggressively exploring the property to expand resources and make new discoveries.
The document summarizes Probe Metals Inc., a well-funded Canadian gold explorer focused on unlocking value in Val-d'Or, Quebec. Probe has consolidated 327 km2 of land in the Val-d'Or East district, which hosts an indicated resource of 1.4M ounces of gold. The resource remains open for expansion along strike and at depth. Probe plans ongoing exploration to expand resources and make new discoveries along underexplored trends. The company is well positioned for continued growth with a strong cash position, proven management team, and strategic support from Goldcorp.
Probe Metals is a well-funded Canadian gold explorer focused on its district-scale Val-d'Or East project in Quebec. The project hosts an NI 43-101 compliant resource of 1.4 million ounces of gold with potential for expansion. The resource includes open pit and underground components, with ongoing exploration aiming to expand known zones and make new discoveries. The company is led by an experienced management team with a track record of success in the region.
This document provides an overview of Probe Metals Inc., a well-funded Canadian gold exploration company focused on unlocking value in the Val-d'Or district of Quebec. The company has consolidated over 327 square kilometers of land in the district, which hosts over 1.4 million ounces of gold resources. Probe Metals has an aggressive ongoing exploration program, with 85,000 meters of drilling planned in 2018, to expand resources and discover new gold deposits. The company is well positioned for continued exploration success and resource growth in Val-d'Or.
QMX Gold - Corporate Presentation - November 2018QMXGold
QMX Gold is a Quebec based junior exploration company focused on exploring their extensive and highly prolific Val d’Or Mining Camp in the Abitibi District of Quebec. Building on a broad exploration database, QMX is applying new geological models and systematically exploring new targets.
Rover Metals completed a Phase 2 exploration program at its Cabin gold project that confirmed two gold zones and identified three new anomalies. Drilling expanded known zones and returned multiple high-grade intercepts. Upcoming plans include a resource estimate in 2022 and a Phase 3 drilling program to further explore targets. The analyst maintains a Buy rating and increased the fair value estimate to C$0.19 per share based on expanded zones and potential for resource growth.
Probe Metals is a well-funded Canadian gold explorer focused on its 327 km2 Val-d'Or East project in Quebec. The project hosts an estimated 1.4 million ounces of gold in indicated and inferred resources. Probe plans an aggressive 85,000 meter drilling campaign in 2018 aimed at expanding resources and discovering new gold deposits. The company is well positioned for exploration and development with $39 million in cash and strategic investors including Goldcorp.
Probe Metals is a well-funded Canadian gold explorer focused on unlocking value in its Val-d'Or East project in Quebec. The project hosts over 1.4 million ounces of gold in resources and has significant exploration upside. Probe plans an aggressive 85,000 meter drilling campaign in 2018 to expand resources and make new discoveries across its 327 square kilometer land package in the prolific Val-d'Or mining camp. The company is led by a proven management team with a track record of success.
This document contains testimonials from several individuals about Harald Lechner and his experience and qualifications. Tony Harrison, who worked closely with Harald at Kuwait Energy Company, describes Harald as extremely competent and experienced in petroleum engineering and management. Victor Eriksen, who also worked directly with Harald at KEC, comments on Harald's practical and detailed approach to technical, managerial and financial aspects. Abdulaziz Alkhowaiter, who worked indirectly for Harald at KEC, was impressed by Harald's expertise and knowledge of upstream oil issues.
Probe Metals is a well-funded Canadian gold explorer focused on unlocking value in its district-scale Val-d'Or East gold project in Quebec. The project hosts a current mineral resource of 1.4 million ounces of gold with potential for expansion. Probe has consolidated 327 square kilometers of highly prospective land in one of Canada's leading gold camps and has an aggressive 85,000 meter drilling program planned for 2018 to expand resources and make new discoveries. The company is led by an experienced management team with a track record of success in the region.
OZ - Corporate Presentation - January 2021AnnaSokolova11
Outback Goldfields is exploring for high-grade gold deposits in Victoria, Australia near Kirkland Lake Gold's Fosterville Mine. It has entered an agreement to acquire gold assets from Petratherm Ltd., subject to regulatory approvals. The company controls four strategic properties in the prolific Fosterville gold district, including the Yeungroon, Glenfine, Ballarat West, and Silver Spoon projects. The Yeungroon project has had shallow historic reef production up to 250 g/t gold and new soil anomalies identified. The Glenfine project has had historic 44,000 oz production and drilling at two targets. Ballarat West is near the multi-million ounce Ballarat mines and Silver Spoon is 12 km from Fosterville.
Petro River Oil Corp. (the “Company”) consummated a number of related transactions through which it acquired control of Petro River Oil, LLC (“Petro”) and Petro’s wholly-owned subsidiary Petro River Operating, LLC. Petro is an emerging oil and gas producer with producing wells in the Southeast Kansas region of the Mississippi Lime.
Probe Metals is a well-funded Canadian gold explorer focused on its district-scale Val-d'Or East project in Quebec. The project hosts an open pit-constrained resource of over 1.4 million ounces of gold with significant exploration upside. Probe has an experienced management team with a track record of successfully exploring and developing gold projects. The company is well positioned to unlock value at Val-d'Or East through ongoing resource expansion and new discoveries.
Probe Metals is a well-funded Canadian gold explorer focused on unlocking value in its district-scale Val-d'Or East gold project in Quebec. The project hosts an NI 43-101 compliant resource of 1.4 million ounces of gold with significant exploration upside. Probe is conducting an aggressive exploration program to expand resources and make new discoveries. The company has a strong cash position, experienced management team, and is advancing the project towards development.
Probe Metals is a well-funded Canadian gold explorer focused on its 334 km2 Val-d'Or East project in Quebec's Abitibi gold belt. The project hosts over 3.2 million ounces of gold in resources and has potential for resource expansion and new discoveries. Probe has a strong balance sheet with over $25 million and is conducting regional exploration to unlock additional value in the underexplored district.
QMX Gold - Corporate Presentation - December 2018 QMXGold
QMX Gold is a Quebec based junior exploration company focused on exploring their extensive and highly prolific Val d’Or Mining Camp in the Abitibi District of Quebec. Building on a broad exploration database, QMX is applying new geological models and systematically exploring new targets.
Probe Metals is a well-funded Canadian gold explorer focused on its 334 km2 land package in the Val-d'Or East district of Quebec. The project hosts an open pit-constrained resource of 1.4 million ounces of gold with significant exploration upside. Probe has an experienced management team and is actively exploring to expand resources and make new discoveries through its ongoing drill program. The project shows potential for resource growth in a mining-friendly jurisdiction near existing infrastructure.
QMX Gold is a Quebec based junior exploration company focused on exploring their extensive and highly prolific Val d’Or Mining Camp in the Abitibi District of Quebec. Building on a broad exploration database, QMX is applying new geological models and systematically exploring new targets.
Probe Metals is a well-funded Canadian gold explorer focused on its 334 km2 Val-d'Or East district-scale land package located in Quebec's Abitibi gold belt. The company has more than doubled its gold resource in 2019 to 3.2 million ounces through exploration success. Probe has a strong balance sheet of $25 million and is led by a management team with a proven track record of value creation. Ongoing drilling is expanding current deposits and discovering new gold trends to unlock the district's exploration potential.
Probe Metals is a well-funded Canadian gold explorer focused on its 334 km2 Val-d'Or East project in Quebec. The project hosts a total gold resource of 3.2 million ounces and has potential for further expansion. Probe has a strong balance sheet of $25 million and is led by a management team with a proven track record of value creation. The project is located in a mining-friendly jurisdiction near infrastructure.
Probe Metals is a well-funded Canadian gold explorer focused on its 334 km2 Val-d'Or East project in Quebec's prolific Abitibi gold belt. The project hosts over 3.2 million ounces of gold in resources and has potential for resource expansion and new discoveries. Probe has a strong balance sheet of $25 million and is conducting regional exploration to unlock additional value in the underexplored district.
The document summarizes an exploration project focused on unlocking value in the Val-d'Or East district in Quebec, Canada. It discusses Probe Metals' 327 km2 land package containing an indicated resource of 1.4 million ounces of gold with significant exploration upside. Probe Metals is a well-funded gold explorer with an experienced management team advancing the project through ongoing exploration and resource expansion drilling.
Probe Metals is a well-funded Canadian gold explorer focused on unlocking value in its district-scale Val-d'Or East project in Quebec. The project hosts an open pit-constrained gold resource of over 1.4 million ounces with significant exploration upside. Probe has an experienced management team with a track record of success and is aggressively exploring the property to expand resources and make new discoveries.
The document summarizes Probe Metals Inc., a well-funded Canadian gold explorer focused on unlocking value in Val-d'Or, Quebec. Probe has consolidated 327 km2 of land in the Val-d'Or East district, which hosts an indicated resource of 1.4M ounces of gold. The resource remains open for expansion along strike and at depth. Probe plans ongoing exploration to expand resources and make new discoveries along underexplored trends. The company is well positioned for continued growth with a strong cash position, proven management team, and strategic support from Goldcorp.
Probe Metals is a well-funded Canadian gold explorer focused on its district-scale Val-d'Or East project in Quebec. The project hosts an NI 43-101 compliant resource of 1.4 million ounces of gold with potential for expansion. The resource includes open pit and underground components, with ongoing exploration aiming to expand known zones and make new discoveries. The company is led by an experienced management team with a track record of success in the region.
This document provides an overview of Probe Metals Inc., a well-funded Canadian gold exploration company focused on unlocking value in the Val-d'Or district of Quebec. The company has consolidated over 327 square kilometers of land in the district, which hosts over 1.4 million ounces of gold resources. Probe Metals has an aggressive ongoing exploration program, with 85,000 meters of drilling planned in 2018, to expand resources and discover new gold deposits. The company is well positioned for continued exploration success and resource growth in Val-d'Or.
QMX Gold - Corporate Presentation - November 2018QMXGold
QMX Gold is a Quebec based junior exploration company focused on exploring their extensive and highly prolific Val d’Or Mining Camp in the Abitibi District of Quebec. Building on a broad exploration database, QMX is applying new geological models and systematically exploring new targets.
Rover Metals completed a Phase 2 exploration program at its Cabin gold project that confirmed two gold zones and identified three new anomalies. Drilling expanded known zones and returned multiple high-grade intercepts. Upcoming plans include a resource estimate in 2022 and a Phase 3 drilling program to further explore targets. The analyst maintains a Buy rating and increased the fair value estimate to C$0.19 per share based on expanded zones and potential for resource growth.
Probe Metals is a well-funded Canadian gold explorer focused on its 327 km2 Val-d'Or East project in Quebec. The project hosts an estimated 1.4 million ounces of gold in indicated and inferred resources. Probe plans an aggressive 85,000 meter drilling campaign in 2018 aimed at expanding resources and discovering new gold deposits. The company is well positioned for exploration and development with $39 million in cash and strategic investors including Goldcorp.
Probe Metals is a well-funded Canadian gold explorer focused on unlocking value in its Val-d'Or East project in Quebec. The project hosts over 1.4 million ounces of gold in resources and has significant exploration upside. Probe plans an aggressive 85,000 meter drilling campaign in 2018 to expand resources and make new discoveries across its 327 square kilometer land package in the prolific Val-d'Or mining camp. The company is led by a proven management team with a track record of success.
This document contains testimonials from several individuals about Harald Lechner and his experience and qualifications. Tony Harrison, who worked closely with Harald at Kuwait Energy Company, describes Harald as extremely competent and experienced in petroleum engineering and management. Victor Eriksen, who also worked directly with Harald at KEC, comments on Harald's practical and detailed approach to technical, managerial and financial aspects. Abdulaziz Alkhowaiter, who worked indirectly for Harald at KEC, was impressed by Harald's expertise and knowledge of upstream oil issues.
Probe Metals is a well-funded Canadian gold explorer focused on unlocking value in its district-scale Val-d'Or East gold project in Quebec. The project hosts a current mineral resource of 1.4 million ounces of gold with potential for expansion. Probe has consolidated 327 square kilometers of highly prospective land in one of Canada's leading gold camps and has an aggressive 85,000 meter drilling program planned for 2018 to expand resources and make new discoveries. The company is led by an experienced management team with a track record of success in the region.
OZ - Corporate Presentation - January 2021AnnaSokolova11
Outback Goldfields is exploring for high-grade gold deposits in Victoria, Australia near Kirkland Lake Gold's Fosterville Mine. It has entered an agreement to acquire gold assets from Petratherm Ltd., subject to regulatory approvals. The company controls four strategic properties in the prolific Fosterville gold district, including the Yeungroon, Glenfine, Ballarat West, and Silver Spoon projects. The Yeungroon project has had shallow historic reef production up to 250 g/t gold and new soil anomalies identified. The Glenfine project has had historic 44,000 oz production and drilling at two targets. Ballarat West is near the multi-million ounce Ballarat mines and Silver Spoon is 12 km from Fosterville.
Petro River Oil Corp. (the “Company”) consummated a number of related transactions through which it acquired control of Petro River Oil, LLC (“Petro”) and Petro’s wholly-owned subsidiary Petro River Operating, LLC. Petro is an emerging oil and gas producer with producing wells in the Southeast Kansas region of the Mississippi Lime.
Probe Metals is a well-funded Canadian gold explorer focused on its 327 km2 land package in the Val-d'Or East district of Quebec, within one of Canada's leading gold camps. The project currently contains an NI 43-101 compliant resource of 1.4Moz gold with significant exploration upside. The resource remains open along strike and at depth and the company is conducting an aggressive exploration program to expand the resource through drilling. Probe has a strong balance sheet of ~$30M and is led by a management team with a proven track record of success in the region.
This document summarizes Deloitte's services for Israeli companies looking to access the Canadian market. It discusses Deloitte's audit services for Israeli companies listing on Canadian exchanges. It also outlines Deloitte's strategy, tax, and M&A advisory services to help Israeli companies enter or expand in Canada, including assistance with site selection, operations, and mergers and acquisitions. Deloitte notes its experience working with Israeli companies on Canadian public listings and its ability to provide joint engagement teams across Canada and Israel.
March 2015 investor presentation revised coverFalcoCorporate
The document provides an overview of Falco Resources Ltd. and its exploration projects in the Rouyn-Noranda mining district of Quebec. Key points include:
- Falco has a land package of 74,000 hectares containing 13 former gold and base metal mines that were historically productive but remain underexplored.
- At the flagship Horne Project, a maiden resource estimate outlined 2.8 million ounces of gold equivalent in the inferred category at grades comparable to other Abitibi underground mines. Confirmation drilling is planned to upgrade the resource.
- Management has extensive experience with mine development, exploration, and operations in the Abitibi region.
- Initial focus is on the high-
The document summarizes an exploration project focused on unlocking value in the Val-d'Or district of Quebec, Canada. Probe Metals has consolidated 327 km2 of land in the district, which hosts a current gold resource of 1.4 million ounces. The resource remains open for expansion through an ongoing exploration program. Probe has a strong balance sheet of $30 million and is led by a management team with a proven track record of success in the mining industry.
March 2015 investor presentation revised coverFalcoCorporate
The document provides an overview of Falco Resources Ltd. and its mining properties in the Rouyn-Noranda mining district of Quebec, Canada. Key points include:
- Falco has a dominant land position of 740 km2 containing 13 former mines that were historically productive but remain underexplored.
- At its flagship Horne property, Falco has outlined an initial inferred resource of 2.8 million ounces of gold equivalent at 3.4 g/t based on historical drilling data. Confirmatory drilling is planned to upgrade the resource.
- The Horne mine was previously operated for over 50 years but additional potential remains at depth and along strike. Near surface targets also exist that could
The document provides an overview of Falco Resources Ltd. and its mining properties in the Rouyn-Noranda mining district of Quebec. Key points include:
- Falco has a dominant land position of 740 km2 containing 13 former mines including the historic Horne Mine.
- An initial NI 43-101 resource estimate for the Horne 5 deposit outlined an inferred resource of 2.8 million ounces of gold equivalent at 3.4 g/t.
- Falco plans a 16,000m confirmation drilling program at Horne 5 to upgrade the resource category and increase tonnes and gold equivalent ounces.
- Additional exploration targets exist around the former Horne Mine complex and elsewhere in Fal
This document provides an overview of Probe Metals Inc., a well-funded Canadian gold exploration company focused on unlocking value in the Val-d'Or district of Quebec. Key points include:
- Probe Metals has consolidated over 327 km2 of prospective ground in Val-d'Or, one of Canada's leading gold camps.
- An initial mineral resource estimate for the Val-d'Or East project totals 1.4 million ounces of gold, with significant exploration upside remaining.
- An aggressive 85,000 meter drilling program is underway in 2018 to expand resources and make new discoveries across the land package.
- Probe Metals is well-funded with $39 million in cash and a
The document provides an overview of Outback Goldfields Corp., which is exploring for high-grade gold assets in Victoria, Australia. Key points include:
- Outback has entered an agreement to acquire gold assets from Petratherm Ltd and is subject to regulatory approvals.
- The company has a experienced management team and technical team with a track record of success in the region.
- The properties are located in a prolific gold district near Fosterville, which has produced over 80M oz of gold historically.
- Upcoming work programs are expected to provide near-term catalysts for the company.
Outback Goldfields January 2022 Corporate PresentationCarolynGraham14
Outback Goldfields is exploring for high-grade gold in Victoria, Australia near Kirkland Lake Gold's Fosterville mine. The company has four strategic properties in the prolific Fosterville gold district: Yeungroon, Ballarat West, Glenfine, and Glensands. At Yeungroon, diamond drilling at the historic Golden Jacket mine is underway to test for high-grade gold continuity, while rotary air-blast drilling is testing geophysical targets below cover rocks. Soil and rock sampling is also ongoing. The properties have seen significant historic gold production and are located in a mining-friendly jurisdiction with year-round drilling potential and clear permitting.
U.S. Silver & Gold is a low-cost silver producer focused on generating cash flow from its Galena Complex in Idaho. The company produced over 2 million ounces of silver in 2013 and expects production of 2.2-2.4 million ounces in 2014 at cash costs of $14.50-15.50 per ounce. U.S. Silver & Gold is focused on further reducing costs and expanding production through development of the high-grade Caladay Zone and consolidation in the prolific Silver Valley district. The company trades at a discount to its peers and provides high leverage to the price of silver due to its low market capitalization and producing assets.
The document discusses Outback Goldfields Corp., an exploration company focused on gold projects in Victoria, Australia. It describes Outback's acquisition of gold assets from Petratherm Ltd., including the Glenfine project which has seen historic reef gold production of 44,000 ounces. The Glenfine project covers 96 square kilometers and has seen limited drilling at the British Banner and Glenfine Reef 2 targets, which returned intercepts of up to 9.2 g/t gold over 0.9 meters. Outback's land package is located near Fosterville Gold Mine and in a historically productive gold region of Victoria.
LiTHIUM X is a lithium resource exploration and development company with a focus on becoming a low cost supplier for the burgeoning lithium battery industry. Learn more at www.LiTHIUM-X.com
The Global Mining Summit is the premium forum bringing senior mining executives and solution providers together. Over two days Mining Executives had the privilege of hearing from Cameco Corporation, Century Iron Mines Corporation, The Doe Run Company, New Millennium Iron Corp on topics ranging from mine productivity to skill shortage. Hear from Paul F. Wilkinson, Senior Vice-President, Environmental and Social Affairs from New Millennium Iron Corp. who delivered at the marcus evans Global Mining Summit March 17-18, in Las Vegas, NV
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Outback Goldfields is exploring for high-grade gold at its Fosterville property in Victoria, Australia. It has entered into an agreement to acquire gold assets from Petratherm. Completing the acquisition is subject to regulatory approvals. The company has a large land package in a prolific gold district near Kirkland Lake Gold's Fosterville mine. It has an experienced management team and board. Near-term catalysts include an upcoming work program focused on high-grade, low-cost targets.
Outback Goldfields is exploring for high-grade gold at its Fosterville property in Victoria, Australia. It has entered into an agreement to acquire gold assets from Petratherm. Completing the acquisition is subject to regulatory approvals. The company has a large land package in a prolific gold district near Kirkland Lake Gold's Fosterville mine. It has an experienced management team and board. Near-term catalysts include an upcoming work program focused on high-grade, low-cost targets.
Outback Goldfields is exploring for high-grade gold at its four strategic properties located in the prolific Fosterville gold district of Victoria, Australia. The company recently acquired the properties from Petratherm Ltd. and is conducting exploration programs including diamond drilling, soil and rock sampling, and airborne geophysics. Highlights mentioned include the Golden Jacket mine at the Yeungroon property which was previously mined at 250 g/t gold and remains open, and drill results from the British Banner and Glenfine Reef prospects at the Glenfine project including intercepts of up to 23.4 g/t gold. The document provides an overview of Outback Goldfields' projects and exploration plans in the historically productive Victorian gold
- Outback Goldfields is exploring high grade gold potential at four strategic properties in the prolific Fosterville gold district in Victoria, Australia, where over 80 Moz of gold has been historically produced.
- The company has an experienced management team and board with a track record of success in mineral exploration and development.
- Near term catalysts include an upcoming work program focused on high grade gold targets located near Kirkland Lake Gold's multi-million ounce Fosterville Mine.
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Adira Energy August 2011
1. TSX.V: ADL
A TSX-V Listed Oil and Gas Company
Focused on Onshore and Offshore Israel
Corporate Presentation
August 2011
2. TSX.V: ADL
Forward Looking Statements
CAUTIONARY STATEMENT REGARDING FORWARDING-LOOKING INFORMATION
Except for statements of historical fact relating to Adira Energy Ltd., Adira Energy Israel Ltd., Adira Energy Israel Services Ltd., Adira Oil Technologies Ltd., Adira Geo
Global Ltd. ("Corporations”), certain information contained herein, including statements regarding the volume of well's natural gas reserves constitutes "forward-looking
statements" within the meaning of the United States Private Litigation Reform Act of 1995 or "forward-looking information" within the meaning of the Securities Act
(Ontario) or Forward Looking Statements as defined under the Israel Securities' Law. Forward-looking statements are frequently characterized by words such as
"target,” "plan,” "expect,” "project,” "intend,” “believe,” "anticipate," and other similar words or statements that certain events or conditions "may" or "will" occur. Forward-
looking statements are based on the opinions and estimates of management or advisors at the date the statements are made and are subject to a variety of risks,
uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The factors include
the inherent risks involved in the exploration and development of oil and gas properties, the uncertainties involved in interpreting drilling and seismic results and other
geological data, fluctuating oil and gas prices, the possibility of project cost overruns or unanticipated costs and expenses, uncertainties relating to the availability and
costs of financing needed in the future, the uncertainties inherent to conducting business in Israel, the availability of supplies, unexpected adverse climate conditions,
the reliance on only a few key members of management, and other factors. The Corporation undertakes no obligation to update forward looking statements, if
circumstances or advisor or management estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.
DISCLAIMER
The information contained in this presentation is confidential and for internal use only. The contents are not to be reproduced or distributed to investors, the public or
press. The information contained herein, while obtained from sources which we believe are reliable, is not guaranteed as to its accuracy or completeness. The contents
of this documentation is for information purposes only and does not constitute an offer to sell or a solicitation to purchase any securities referred to herein.
Estimates are based on geological, geophysical and other estimates received from third parties and/or advisors and serve, at this time, only as estimates whereby there
is no certainty, as of yet, with regards them. No information contained in this presentation is compliant with NI-Policy 51-101 requirements. The Corporations have not
conducted estimates or independent evaluations of the said estimates. Any estimates are expected to be updated as additional information is accumulated, including as
a result of the continued analysis of the well proceeds, the conduction of production tests and the conduction of validation drilling, should they be conducted, andor as a
results of a variety of factors related to projects searching for, and producing, natural gas.
None of the Corporations or any of the individuals associated thereto have independently confirmed or verified the information contained in this presentation. The
reader should take all reasonable actions to satisfy itself as to the accuracy of the information contained in the document.
2
3. TSX.V: ADL
Adira Energy- Israel Opportunity
Newly Discovered Oil & Gas Basin- Offshore Israel
• First Israeli-based TSX.V listed company with pure &
exclusive exposure to the recent Israeli offshore gas
discoveries
• Working interest and operator of three offshore licenses
and one onshore license
• Sufficiently capitalized with funds to complete exploration
through to pre-drilling
• Strong shareholder base with access to additional capital
• Indication of resource potential, both onshore and offshore
• Carefully managed exploration strategy
• 3D geophysics now complete on two licenses; 3D in
process for 3rd license
• Established Tel Aviv office, fully staffed with local
infrastructure
• TSX-V listed with Toronto office and executive presence
• World class technical leadership and support team
• Experienced and professional Board of Directors
3
4. TSX.V: ADL
Board of Directors
• Dennis Bennie - Chairman, Independent Director
Co-Founder Adira Energy. Founder and CEO of XDL Capital; Co-founder, Former Chairman and CEO of Delrina Corporation; former
Chairperson of Canada Israel Political Affairs Committee (CJPAC).
• Eli Barkat - Independent Director
Chairman and Co-founder of BRM, a recognized figure in the Israeli business community, with more than 20 years of entrepreneurial,
investment and business management experience.
• Sheldon Inwentash - Independent Director
Chairman and CEO of Brownstone Energy. More than 20 years of experience in the investment industry and a deep understanding of
progressive investment and financial management strategies. A Chartered Accountant, Mr. Inwentash is also the Chairman and CEO of
Pinetree Capital Ltd., a Canadian investment company with a portfolio of investments primarily in the resource and energy sectors.
• Yael Reznik Cramer - Independent Director
VP Business Development of BRM Group, (major shareholder of Adira Energy). Currently sits on the boards of Backweb and Schema. She is a
Certified Public Accountant in Israel and holds a B.A degree in Accounting and Economics from the Hebrew University in Jerusalem and an
MBA from Tel-Aviv University.
• Alan Friedman - Executive Vice President - Corporate Development, Director
Co-Founder Adira Energy. Senior roles in resource public market sector and emerging markets covering acquisitions, disposals, financings and
investor communications. Over the past 10 years, has managed or facilitated numerous successful going public transactions (IPO & RTO) on
TSX and TSX-V as well as facilitation of financings in excess of $100m. Various roles in TSX companies including Afriore Ltd., Talon Metals
Corp. and Auryx Gold Corp.
• Colin Kinley – Senior Advisor, Director
Colin has 30 years of international resource exploration and development expertise. Founding member of Layne Energy and for 27 years
Senior VP of Layne Christensen Company (NASDAQ). Key contributor to Layne’s significant growth from $4 to $58/share. Kinley has spent his
career in integrated energy project execution and has a keen sense of resource economics. Most recently, as CEO of Saber Energy,
established over 40TCF Gas in Place in Botswana. Responsible for the establishment of multiple frontier resource exploration plays and
developments.
4
5. TSX.V: ADL
Management & Advisors
• Hezi Kugler- CEO
Hezi has extensive experience in the energy infrastructure field in general and in Israel’s hydrocarbons market in particular. Prior to his position as Director General
of Israel’s Ministry of National Infrastructures from 2006 – 2009, he was a leading project finance lawyer on major projects in the energy and water sectors in
Israel. During his tenure as Director General, he was responsible for overseeing Israel’s power sector and oil and gas exploration and development on behalf of the
government. Mr. Kugler led Israel’s negotiations with BG on development of the Gaza Marine natural gas reservoir off shore from Israel / the Palestinian Authority;
he initiated Israel’s first LNG project and served as co-chairman of the government tender committee; he supervised closely development of Israel’s natural gas
transmission system; and was responsible for development of Israel’s oil and LPG imports networks carried out through government-owned companies under his
supervision. He holds a BA in Political Science from Bar-Ilan University and an LLB from Tel-Aviv University.
• Gadi Levin- Chief Financial Officer
Gadi is a chartered accountant with many years of experience in the public and private equity markets. His experience spans multiple jurisdictions including South
Africa, England and Israel. He has a Bachelor of Commerce degree in Accounting and Information Systems, has received his Chartered Accountant designation in
South Africa and has an MBA from Bar Ilan University in Israel.
• Alan Friedman - Executive Vice President - Corporate Development, Director
Co-Founder Adira Energy. Senior roles in resource public market sector and emerging markets covering acquisitions, disposals, financings and investor
communications. Over the past 10 years, has managed or facilitated numerous successful going public transactions (IPO & RTO) on TSX and TSX-V as well as
facilitation of financings in excess of $100m. Various roles in TSX companies including Afriore Ltd., Talon Metals Corp. and Auryx Gold Corp.
• Glen Perry - Vice President Exploration
Glen has 40 years of exploration and development experience, specialized in drilling operations and project execution. Masters in Petroleum Engineering. Served as
a Director, COO and President of Zion Oil and Gas in Israel. Prior experience includes; Consultant to Delek Drilling; Director of National Petroleum; Executive with
Prairie Producing Company, Exxon and Energy Reserves Group.
• Moshe Politi - Chief Geologist
Moshe has 39 years of experience, specializing in the integration of multi-disciplinary aspects and methodologies of geology and geophysics into viable prospects in
various environments: onshore, offshore, shallow and deep prospects, structurally complex (overthrust) and stratigraphic plays. Moshe received his Bachelor and
Master Degrees in Geology from The Hebrew University in Jerusalem and is currently engaged in his PhD studies in Jerusalem.
• Colin Kinley – Senior Advisor, Director
Colin Has 30 years of international resource exploration and development expertise. Founding member of Layne Energy and for 27 years Senior VP of Layne
Christensen Company (NASDAQ). Key contributor to Layne’s significant growth from $4 to $58/share. Kinley has spent his career in integrated energy project
execution and has a keen sense of resource economics. Most recently, as CEO of Saber Energy, established over 40 TCF Gas in Place in Botswana. Responsible
for the establishment of multiple frontier resource exploration plays and developments.
5
7. TSX.V: ADL
Key Discoveries & Prospects, Israel
Initial reserves 35BCM (1.2TCF, 213mmboe)
Timeline Operational since 2004, expected depletion in 2013
MARI- B Annual Production Capacity 3-4BCM
Participants Delek Drilling (25.5%), Avner (23%), Delek Group (4.4%), Noble Energy (47.1%)
Operator NOBEL Energy
Resource 8.7 TCF (1.45boe)
Discovery Date Feb-09
Expected start-up 2013
TAMAR Expected peak gas production (Phase 1) 1,000-1200MMCF/day
Total Depth 5,000m
Participants Delek Drilling (15.5%), Avner (15.6%), Noble Energy (36%), Isramco (28.8%), Dor Gas (4%)
Operator NOBEL Energy
Resource 16TCF (2.9boe)
Discovery Date Dec-10
LEVIATHAN- Gas Total Depth 17% (estimated)
Participants Delek Drilling (22.7%), Avner (22.7%), Noble Energy (39.7%), Ratio (15%)
Operator NOBEL Energy
Resource 1 3bn Barrels (expected)
Depth 5,800m
Probability 17% (Estimated)
*LEVIATHAN-Oil Resource 2 1.2bn Barrels (expected)
Total Depth 7,200m
Probability 8% (estimated)
Resource 1 Gas 6.5 TCF
Depth 3,700m
Probability Mean value, NSAI report
*SARA & MYRA Resource 2 Oil 150 MMBL
Total Depth 5,500m
Probability Mean value, NSAI report
Resource 1 Oil: Bravo 127 MMBBL; Yam 142 MMBBL
Depth 5,700m
Probability Mean value, NSAI report
*SHEMEN Resource 2 Gas: Bravo 1.65 TCF ; Yam 2.8 TCF; Other 41.1BCF
Total Depth 3,000m
Probability Mean value, NSAI report
* Resource not proven
7
8. TSX.V: ADL
License Overview: Offshore & Onshore Israel
Gabriella (96,371 Acres) - Offshore
Target: Oil Jurassic Fractured Carbonates: 4,900m
Exploration: 511 Km Dual Axis 3D completed Jan 2011
Drilling: Shallow water 140 to 200 meters
Yitzhak (31,629 Acres) - Offshore
Target: Oil Jurassic - Fractured Carbonates: 4,600m
Exploration: 129 Km 3D completed Jan 2011
Drilling: Shallow water 140 to 200 meters
Samuel (89,205 Acres) - Offshore
Target: Oil Lower Cretaceous Carbonates
Target: Gas Plio/Pleistocene, Oligo/Miocene, Turbidites Canyon Sands: 2,000m
Exploration: 45 Km2 3D (OBC) to be completed July 2011
Drilling: Shallow water 40 to 100 meters
Eitan (31,060 Acres) - Onshore Hula Valley
Target: Gas Pleistocene Sands, Lumachelle Conglomerates: 200m
Target: Gas CBM - Lignite and Sub-Bituminous Coal, 40m thickness @ 600m
Target: Gas CBM – Sub- Bituminous Coal, 20m thickness @ 1,000m
Exploration: 42 previously drilled wells (5 BCF Pr,2P 40BCF)*Not NI-51Compliant
Drilling: Wheeled access (Company owned rig)
8
9. TSX.V: ADL
Gabriella License – Offshore
(96,371 Acres)
Target: Oil Jurassic Fractured Carbonates: 4,900m
Exploration: 511 Km Dual Azimuth 3D completed Jan 2011 by Adira (Western
Geco), Processing underway by CGG Veritas
Resource Report: Currently underway by Gustavson Associates
Prior Drilling: Yam Yafo-1 Well was drilled in 90’s to 5,823m and tested 500 bpd
oil (44-47 API). Technical and financial challenges prevented
commercial production.
Drilling: Shallow water 120 to 200 meters. Jack-Up or Floater
Operator: Adira Energy
Working Interest: 15%, plus 15% back-in option from Modiin Energy upon
discovery, at cost
Partners: Brownstone Energy 15%, Modiin Energy 70%
9
10. TSX.V: ADL
Yitzhak License – Offshore
(31,689 Acres)
Target: Oil Mid Jurassic - Fractured Carbonates: 4,600m
Exploration: 129 Km 3D completed Jan 2011 by Adira (Western Geco), processing underway by CGG Veritas
Resource Report: Currently underway by Gustavson Associates
Prior Drilling: Delta-1 Well drilled (off structure) in 1970’s to 4,423m, TD in Upper Jurassic above where oil encountered in
Mid Jurassic (Yam Yaffo1 and Yam 2)
Bathonian (Zohar formation) tested for oil in Yam Yafo-1 (4,890m – 4,995m) and Yam-2 Well (5,315m)
interesting & significant structural high
Drilling: Shallow water 140 to 200 meters. Jack-Up or Floater
Operator: Adira Energy
Working Interest: 85%
Partners: Brownstone Energy 15%
10
12. TSX.V: ADL
Samuel License – Offshore
(89,205 Acres)
Target: Oil Lower Cretaceous Carbonates at 3,200m
Target: Gas Plio/Pleistocene, Oligo/Miocene, Turbidites, Canyon Filled Sands: 2,000m
Exploration: 45 Km2 3D OBC (Ongoing) (ARIS Nefterazvedka) Existing 2D indicates
presence of DHI
Processing: Ongoing-IOX-CXT
Prior Drilling: Yam-2 Well immediately west tested oil in Jurassic, Ashdod oil field in
Jurassic, Heletz oil field (Lower Cretaceous)
A Drilling: Shallow water 40 to 100 meters
Operator: Adira GeoGlobal (Adira Lead)
B
Working Interest: 38.25%
Partners: Brownstone Energy 6.75%, Pinetree Capital 10%,
GeoGlobal Resources 45%
A DHI B
12
13. TSX.V: ADL
Eitan License- Onshore, Hula Valley
(31,060 Acres)
Target: Gas Conventional Gas: Pleistocene Sands, Lumachelle Conglomerates: 200m
Target: Gas Unconventional Gas: Pleistocene, Lignite and Sub- Bituminous Coal, 40m thickness @
600m and Bituminous Coal, 20m thickness @ 1,000m
Exploration: 5 BCF Proven and Probable (2P) and 40 BCF 3P – Not NI-51 Compliant, 143 Km 2D
Seismic – Reprocessed coring and testing currently underway
Prior Drilling: 42 previously drilled wells, Coal prior tested at 200 scft
Drilling: Wheeled access (Company owned rig)
Operator: Adira Energy
Working Interest: 100%
13
14. TSX.V: ADL
Risk Reduction
Seismic Operations by Multi-Tier Professional Quality Control
Acquisition Processing Interpretation
Design &
Adira Energy internal professional team and advisors
management
QC Monarch Geophysical Services – QA/QC Adira Energy team
Western Geco – “Quick look”
Gabriela & Adira Energy team
Western Geco – 3D CGG/Veritas – main and advanced
Yitzhak
processing Gustavson – Colorado
ION-GXT (start end of July) Netherland Sewell &
Samuel ARIS – 3D (OBC) Associates - Houston
14
15. TSX.V: ADL
Adira Energy Technical Targets & Guidance
Gabriella Yitzhak Samuel
License License License
Acquired existing 2D seismic data,
reprocessed and evaluated
Complete preliminary detailed resource report
& submit to Israeli Government
Complete “Quick look” processing
Western Geco
Not Applicable
Complete 3D Survey
Evaluation of prospects for drilling targets
Underway Underway Underway
Detailed Drilling Planning: Prioritized by
prospect & commodity delivery Underway Underway Underway
Complete resource evaluation and risking
from fast track processing Ongoing Ongoing Ongoing
Processing (main & advanced)
Ongoing- CGG Veritas Ongoing- CGG Veritas Ongoing- IOX-CXT
Strategic selection & leveraged participation
in new license/permit applications Ongoing Ongoing Ongoing
Processing 3D and incorporation into
Hydrocarbon Potential Reports Planned Planned Planned
Procure drilling contractor, supplies/services
Expected Mid- 2012 Expected Mid- 2012 Expected Mid- 2012
First well
Q4 2012- Drilling Expected to Commence – 3 Wells to be Drilled Consecutively
15
16. TSX.V: ADL
Strategy – Shallow Targets
Capitalizing on Israel’s Immediate Demand for O&G
Lower Risk Offshore Drilling
• Target shallow water bench drilling
• Lower drilling costs vs. competitive deep water exploration in the region
• Operate at less than 1/3 the cost of deep water rigs drilling in Israeli waters
• Correspondingly AFE’s and risk are lower
High Resource Potential – Oil and Gas
• Strategic selection of licenses with proven, prior analogous production and exploration
• 2D and now 3D seismic has already been completed on Gabriella and Yitzhak
• 2D complete on Samuel, and 3D complete by end July 2011
Lower Infrastructure Costs – Near Market
• Yitzhak and Gabriella both offer significant oil targets that can be exploited at a fraction of
costs vs. deep water - increasing netbacks to interest holders
• Gas targets on Samuel are below current pipeline infrastructure
• Deliveries to market has less operational, environmental & financial risk vs. deep water
targets. Delivery to market before deep water developments is achievable
Economic Focus
• Oil from shallow well locations are more economically viable than deep water wells
• Shallow gas targets on Samuel said to have better economics/molecule than deep water
• Deep water gas have higher infrastructure costs, high pressure & highly technical delivery
parameters & long time delivery market
16
17. TSX.V: ADL
License Partners
Brownstone Energy Inc:
A Canadian-based, TSX-V listed, energy-focused company with direct interests in oil and gas assets around
the world. Brownstone has the right, subject to certain conditions, to earn a 15% Working Interest in Adira’s
offshore blocks for three years.
Pinetree Capital Ltd:
A Canadian-based TSX listed diversified investment, financial advisory and merchant banking firm focused
on investing in early stage resource companies. Pinetree has a 10% Working Interest in the Samuel block.
GeoGlobal Resources Inc:
GGR is an AMEX listed, Canadian- based resources and operating company engaged in the exploration for
and development of petroleum and natural gas reserves internationally. GGR has a 45% Working Interest in
the Samuel block.
Modiin Energy LP/GP:
A substantial Tel Aviv- based oil and gas investment group. Modiin has farmed-in a 70% interest in the
Gabriella License. Modiin carried Adira for the first US$8 million in exploration funding on Gabriella. Adira
has a back-in option from Modiin of 15% of the Modiin working interest at cost, for a period of six months
after a discovery.
Adira operating royalty from Modiin of 3.75% for 24 months, increasing to 4.25% thereafter
Combined (ORRI ) royalty of 4.5%, increases to 10.5% after cost recovery
17
18. TSX.V: ADL
Israel Oil & Gas Demand/Supply
Figure 1: Gas supply from Mari B, Tamar, Leviathan; Israeli gas demand Figure 2: Israeli oil demand largely met by imports
Source: UBS
18
19. TSX.V: ADL
Adira Energy - TXS.V: ADL
(OCTBB-US – ADENF, Frankfurt – AORLB8)
Capital Structure, June 2011
Shares Issued & Outstanding 101.2M
Warrants 19.5M
ESOP 8.9M
Fully Diluted Shares 129.6M
Financings to Date Proceeds
◦ 8.0m units at $0.25 (half warrant at $0.50)
Sept 2009 ◦ Warrants expire August 31, 2011
$2.5M USD
◦ 27.5m units at $0.40 (half warrant at $0.55)
Nov 2010 ◦ Warrants expire December 2013
$11M USD
Feb 2011 ◦ 10.5m shares at $0.62 $6.5M CAN
19
20. TSX.V: ADL
Why Adira Energy?
Unique Opportunity to Participate in Significant New Israeli Oil & Gas Discovery
Fields.
• Significant License Portfolio
• World Class Technical Expertise
• TSX-V Listed: Access to Global Capital
• Local Israeli Operations Office and Team
• Strong Technical and Financial Partners
20
21. TSX.V: ADL
Contact Information
Canada:
Corporate Office:
Alan Friedman
Canada Exec. Vice President, Corporate Development
120 Adelaide Street West, Suite 1204 +1 416 250 1955
Toronto, Ontario Julia Maxwell
M5H 1T1 Manager, Investor Relations
info@adiraenergy.com
+1 416 361 2211
Israel Office:
Israel:
12 Abba Hillel Silver, 12th Floor Gadi Levin
Ramat Gan, 52506 Chief Financial Officer
+972 (0) 3 373 0166
www.adiraenergy.com 21
23. TSX.V: ADL
Appendix 1
Israel: Economic Miracle in the Middle East
Financial Stability:
• 2010: Israel accepted as a full member of the Organization for Economic Cooperation (OECD)
• Israel reclassified as a DEVELOPED market by MSCI
• Ranked highest in the region on the World Bank's Ease of Doing Business Index as well as in the
World Economic Forum's Global Competitiveness Report
• Second-largest number of start-up companies in the world (after the United States)
• Largest number of NASDAQ listed companies outside North America
• Global financial crisis of 2008-09 spurred a brief recession in Israel, but the country entered the crisis
with solid fundamentals - following years of prudent fiscal policy and a series of liberalizing reforms
*CIA Intelligence Report
Fiscal Strength:
Standard and Poor's Foreign currency sovereign credit - “A”, Long-term local currency rating to - “AA”
• Inflation: 4.1% for the last 12 months *Bank of Israel – July 2011
• Growth: Estimated at 5.2% in 2010 and 3.8% in 2011 *Bank of Israel – July 2011
• Employment : Estimated at 5.8% Unemployment in 2011 *Bank of Israel – July 2011
• Land: 22,100 Sq. Km *2009 OCDE
• Population: 7.3 Million *2009 OCDE
• GDP: Growth 4% in 2008, Grew by 0.5% in 2009 Expected to expand in 2010. DP is 45%
Exports. *CIA Intelligence Report
23
24. TSX.V: ADL
Appendix 2
Cross Section of The Levant Basin
• Located off Israel's Mediterranean coast, encompasses an area of 83,000 square km with
waters up to 1,700m deep, and mostly within Israeli territorial waters
• The first commercially viable discovery in Israel was made in 1999 with the Noa/Mari B fields
(Yam Tethys partnership) and began production in 2004
Schematic of subsurface showing the Tamar and Leviathan discoveries
SE
24
26. TSX.V: ADL
Appendix 4
Current Oil & Gas Production Israel
• Heletz Oil Field - During the 1950’s, Israel discovered this on-shore field. Over the past 50 years it has produced cumulative 20
million barrels of Oil. It is essentially fully depleted.
• Yam Tetis Field - The country’s only current domestic gas source. The Ministry of Infrastructure expects it to be fully depleted in
the next decade. The field’s .85 TCF was the largest find in the country, before Tamar.
• EMG Consortium - An agreement for gas from Egypt to Israel provides for the sale of 1.7 billion cubic meters of gas per year,
representing 20% of Israeli electricity current consumption ($5.50 - $5.75) per MMBt.
Israel Recent Discoveries
• Tamar (January 2009). Delek/Noble Energy (NYSE: NBL) Consortium made a significant discovery of natural gas (approx. 8.4
TCF) off Haifa. This is a world-class discovery and as such has created increased drilling activity and significant investor interest in
the region.
• Dalit (March 2009). Following Tamar, a second natural gas discovery offshore Israel identified more than 110 feet of net pay
approx. 0.5 TCF). With the successes at Tamar and Dalit, a potentially substantial new resource basin with large remaining
exploration potential opened up. Additional 3D in the area in the second half of 2009 with potential for additional targets. Dalit is
situated approx. 55 km northwest of Gabriella and 45km northwest of Yitzhak.
• Leviathan (December 2010). Nobel recently announced the Leviathan gas discovery, West of Tamar, estimated at over 16 TCF of
gas. The well halted for additional liner casing as it is being deepened for potential deeper oil targets. Leviathan is the largest gas
discovery ever in Israel, and the largest offshore gas discovery in the world over the past decade.
• Mari – B (Production in 2003)
First meaningful discovery was made in 1999, in the Yam Tethys field, which comprises the “Mari B” and “Noa” reserves. Located
off Israel’s southern coast, the field originally had estimated reserves of perhaps 35bcm or 1.24 TCF. Gas started flowing in 2004
(via a 42km pipeline to the southern coastal town of Ashdod) and annual production capacity is currently around 3.6 BCM, or 60%
of Israel’s natural gas requirements. In December 2010, Mari B had remaining reserves of 10.4 BCM. Mari B is expected to be
depleted in 2013.
26