Presentation - Mooncor Oil & Gas

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Mooncor is an Emerging Oil & Gas
Exploration and Development Company
Advisory Disclaimer
Statements in this presentation may contain forward-looking information. Forward looking statements or information are
based on current expectations, estimates and projections that involve a number of risks and uncertainties which could cause
actual results to differ materially from those anticipated by the Company and described in the forward looking statements or
information. These risks and uncertainties which may cause actual results to differ materially from the forward looking
statements or information include, among other things: general economic and business conditions; the risk of instability
affecting the jurisdictions in which the Company operates; the risks of the oil and natural gas industry, such as operational
risks in exploring for, developing and producing crude oil and natural gas and market demand; the possibility that
government policies or laws may change or governmental approvals may be delayed or withheld; risks and uncertainties
involving geology of oil ad natural gas deposits; the uncertainty of reserves estimates and reserves life; the ability of the
Company to add production and reserves through acquisition, development and exploration activities; the Company’s ability
to enter into or renew leases; potential delays or changes in plans with respect to exploration or development projects or
capital expenditures; the uncertainty of estimates and projections relating to production (including decline in rates), costs
and expenses; fluctuations in oil and natural gas prices, foreign currency exchange rates and interest rates; risks inherent in
the Company’s marketing operations, including credit risk; health, safety and environmental risks; and uncertainties as to
the availability and cost of financing. Readers are cautioned that the foregoing list is not exhaustive of all possible risks and
uncertainties. Additional information on these and other factors that could affect the Company’s operations and financial
results is included in reports filed with Canadian securities regulatory authorities and is available at www.sedar.com and on
the Company’s website at www.mooncoroil.com.
The reader is cautioned not to place undue reliance on this forward-looking information. The forward looking statements or
information contained in this presentation are made as of the date hereof and the Company undertakes no obligation to
update publicly or revise any forward looking statements or information, whether as a result of new information, future
events or otherwise unless required by applicable securities laws. The forward looking statements or information contained
in this presentation are expressly qualified y this cautionary statement.
Where amounts are expressed on a BOE basis, natural gas volumes have been converted to oil equivalence at six thousand
cubic feet per barrel. The term BOE may be misleading, particularly if used in isolation. A BOE conversion rate of six
thousand cubic feet per barrel is based on an energy equivalency conversion method primarily applicable at the burner tip
and does not represent a value equivalency at the wellhead.
Mooncor is an Emerging Oil & Gas Exploration and Development Company
About Us
Mooncor Oil & Gas wholly-owned subsidiary Primary Petroleum (USA) has concentrated the
majority of its resources in the acquisition of prospective oil and gas acreage in
Northwestern Montana. The Company has an operated working interest in a large contiguous
land position, in excess of 370,000 gross, 218,000 net acres, in the Southern Alberta Basin in
Pondera and Teton Counties of northwestern Montana.
Primary Petroleum (USA) has gone on to identify a number of well supported exploration
and development opportunities in formations ranging from the Cretaceous period to the
Devonian period . Primary's land capture is offsetting the previously exploited Pondera Field
which produced a total of 29MM barrels of oil.
All Primary's new play types encompass petroleum systems with carbonate and clastic
targets. Favorable mineralogy and multiple pay intervals are some of the key characteristics
demonstrated by the plays developed.
Primary is currently acquiring fee simple and state lands in Western Montana. The area is
characterized by multi-zone oil and gas targets, is close to existing infrastructure and has
year round access.
A significant amount of trade seismic is available and Primary believes that the area merits
further exploration using today's modern exploration methods.
Mooncor is an Emerging Oil & Gas Exploration and Development Company
Management
Allen Lone, President & CEO
Director and CEO of Augusta Industries Inc, he also serves on the Board of Brownstone Energy. He was
President & CEO, & CFO, Director and a promoter of Ketchum Capital. Since 1991 ,
He has been the President and Chief Executive Officer of Marcon International Inc. Mr. Lone holds an MBA from
Lindenwood University, St. Louis, Missouri, in 1998 and a Bachelor of Science in Business Administration and
B.A General Studies from Missouri State University in 1989.
Tony Boogmans – VP of Operations
Mr. Boogmans served as VP Operations and a Director of Ammonite Energy He was President of Clearwater
from December, 2005 until the amalgamation. Mr. Boogmans has over 30 years of experience in both private
and public companies in the areas of property evaluation, drilling, completion and workovers, & fields, he has
been employed at Gulf Oil Canada, AOSTRA, Canadian Western Natural Gas Company Limited and
Northwestern Utilities Limited earlier in his career.
Mr. Boogmans was one of the founders of Innovative Energy Ltd., (sold to Denison Energy Inc.) He joined
Silverwing Energy Inc. as a consultant in April 2004 and in October 2004 served as VP Engineering until
December 2005.
Mr. Boogmans graduated with a Bachelor of Science degree in Chemical Engineering from the University of
Alberta in 1973. Mr. Boogmans is a member of the Association of Professional Engineers, Geologist and
Geophysicist of Alberta.
Mooncor is an Emerging Oil & Gas Exploration and Development Company
Norman W. Armstrong – Geophysicist
Over 30 years of experience in the oil and gas business. His Canadian expertise includes projects in
Western Canada, the Arctic and Atlantic Canada. International experience includes The Middle
East,Central America and East Asia.
Mr. Armstrong started his career in 1972 as a Geological Analyst with Digitech Systems Ltd, Processing
Geophysicist with Geodigit, Exploration Geophysicist at Petro-Canada Inc, Forest Oil Corporation as a
Staff Geophysicist, Chief Geophysicist for Aberford Resources Ltd.
Mr. Armstrong has a Bachelor of Science, Geology Major. from the University of Calgary He is a member of
APEGGA and the Society of Exploration Geophysicists.
John Murdoch – Reservoir Engineer
Twenty-five plus years experience in the oil and gas industry domestic and foreign.
Mr Murdock was VP Production and GM at Sunwing Energy Ltd, He was also the COO at Clampett Energy
Ltd, CEO of Madison Energy Corp. And GM in China for Ivanhoe Energy. He spent time in Kazakhstan with
HURRICANE HYDROCARBONS LTD as Field Operations Manager Petroleum Technology Diploma from the
Southern Alberta Institute of Technology - Reservoir Major.
Mooncor is an Emerging Oil & Gas Exploration
and Development Company
Mr. Stephen Ewaskiw - Geologist
Mr. Ewaskiw served as President and CEO of Ammonite Energy Ltd. He
also served as President and CEO of Wave Energy Ltd. He was VP
Exploration at Rival Energy Ltd from 2002-2003, co-founder and
President of Innovative Energy Ltd (sold to Denison Energy Inc.) in
2003. He co-founded Storm Energy Inc. in 1995 before leaving to start
Innovative Energy.
Mr. Ewaskiw has co-founded various startups including Wnfield Energy,
Joss Energy. As part of the 35 years of industry experience, and worked
at Amoco, ARCO and Amerada Hess. Mr. Ewaskiw holds a Bachelors of
Science in Geology (Honours) from the University of Saskatchewan in
1973, and is a member of the Association of Professional Engineers,
Geologist and Geophysicist of Alberta
Mooncor is an Emerging Oil & Gas Exploration
and Development Company
State of Montana
British Columbia
Alberta
Primary
Petroleu
m Lands
*
Map from 2000 US Census
Saskatchewan
Middle Mississippian Paleogeography
Devonian
Mississippian
J
Cretaceous
NW MT Stratigraphy
Conventional Bakken Play
Blackleaf
(Anticlines, Fault Traps – Gravity
Bow Island
Segregation)
Bakken Equivalent (Exshaw Fm.)
Dakota
Widespread oil charge in tight reservoirs
Sunburst
Williston
Basin
Swift
Madison
Sun River Dolomite
Unconventional Bakken Play
Mission Canyon
(Continuous Phase Reservoir –
All Oil)
Lodgepole
Bakken
Three Forks
Big Valley / UPC
Potlatch
Nisku
8
Ron Blakey – University of N. Arizona
Topography of Mooncor's Lands
Pondera
County
Primary
Petroleum
Area of
Interest
9
Teton
County
Mooncor Land Base
T30N
R9W
Pondera
County
Mineral Acres: 296,000
Primary Working Interest Acres:
203,000
70% Average Working Interest
83% Weighted Average NRI
Contiguous Acreage Blocks
All P&NG Rights Surface to
Basement
Annual Rental Payments $86,000
Dominantly Fee Simple Leases
2-7 year terms remaining
Average 2013 Land Price: $49/Acre
Blackfoot
Reservation
T26N
R9W
Teton County
T21N
R9W
Lewis and
Clark
County
T21N
R5W
T21N
R1W
12
Miles
*Standard
Disclaimers Apply
Legend
Primary Land
Well
NW Montana Cumulative Production
T2 R23W4
Reagan
Field
Madison
9MMbo
Kevin-Sunburst
Dome
Madison & Nisku
84MMbo & 500Bcf
Cutbank
Field
Cutbank Fm
172MMbo &
210 Bcf
Pondera
Oil Field
Madison
29MMbo
Gypsy Basin
Madison
500Mbo
Legend
Primary Land
Blackfoot Reserve
Bills Coulee
Sunburst
~2Bcf
Highview
Madison
100Mbo
Cumulative Oil
Production
Cumulative Gas
Production
11
T21N R1E
12
Miles
Southern Alberta Basin Activity
T10 T27W4
Southern Alberta Basin
2010-2012
Horizontal completions have
been made in the Bakken
(Exshaw) and the Big Valley /
Upper Potlatch Carbonate
(UPC)
First wells came on stream in
late 2010
Over 130 wells drilled (mostly
horizontal) to test various
reservoirs
Best wells have 3 month
average production of about
300 boepd per well
TORC
Resources &
Argosy Energy
Big Valley
Wells
Indira Blood
10-30 Well
250Mbo
Big Valley
Southern
Alberta
Bakken Shell,
Murphy,
Crescent
Point, Nexen,
DeeThree
Exploration
Wells
Rosetta
Resources
Wells
Anschutz
Exploration
Wells
Fairways
Exploration
Big Valley
Well
Newfield
Explorations
Wells
Legend
Primary Land
Native Reserve
Well
T21N R1E
12 Miles
Introduction to the Madison
The Madison is the primary producing formation in Northwestern
Montana. Drilling began in the 1920’s and cumulative production to
date is over 60MMbo.
Pondera field and Gypsy Basin have cumulative production of
29.5MMbo.
The Madison is a Mississippian group consisting of the Sun River
dolomite, Mission Canyon limestone and the Lodgepole limestone.
The producing formation is the uppermost Sun River dolomite, which
historically has been referred to simply as the Madison.
The Madison is a creamy grey to white dolomite with an average
porosity of 12%, average permeability of 10mD and a typical recovery
factor of 15%
Regional Madison Structural Map
0’
100
0’
Pendroy
Fault
Wrench
System
T28N R8W
Pondera
Field
50’ Contour Interval
Legend
Primary Land
3D Seismic
2011/12 Primary Wells
Structures from
seismic and
HRAM
Approachin
g the
Thrust Belt
6 Miles
0’
1000’
14
2000’
T23N R1W
Madison Depth Structure
Pendroy
Fault
Wrench
System
Fairways
Exploration
Well
Spring Hill
Wells
-1441 feet
15
1831 feet
2 Miles
Madison Erosion Schematic
All logs are Dupuyer Ridge 14-27-28-7
NW Corner (Dupuyer area)
A
Central (Rockport / Spring Hill area)
Pondera Field
A’
Madis
on
Unconformity
at top of
Madison
Madison
W Marker
A
A’
Production occurs from
these zones within the
Madison
Legend
Eroded Madison Section
16
Madison Production and Show Map
Sands Oil
Madison
Horizont
als
Gypsy
Basin
500Mbo
Highview
100Mbo
Pondera
Field
29MMbo
Legend
Primary Land
3D Seismic
Cumulative Production
Bubbles
Madison Shows or
Bypass Pay
2011/12 Primary Wells
Second Guess
40Mbo
Spring
Hill
Discovery
Madison Producers
All Other Wells
2 Miles
17
Madison Horizontals
T2 R22W4
100/02-35-001-20W4/00
Gryphon Hz Reagan 2-35-120
16991 Mcf Gas
34457 Bbl Oil
209839 Bbl Water
Spud 2010/06/14
Reagan Field
Cumulative production of over
9MMbo.
Successfully re-drilled utilizing
horizontal wells
102/12-35-001-20W4/00
Gryphon Hz Reagan 12-35-120
9732 Mcf Gas
16836 Bbl Oil
6164 Bbl Water
Spud 2011/10/05
Sands Oil Company & Longshot
Oil Llc.
Montana based E & P companies
that have drilled 2 horizontal
wells with no seismic data and
have not had encouraging
results.
Sands Oil
Company &
Longshot Oil Llc
Madison
Horizontals
Conclusion
Seismic and modern drilling
techniques can result in
successful Madison wells.
Legend
Primary Land
3D Seismic
Reagan Field
18
12 Miles
T22N R3W
Spring Hill Madison Discovery
1 Mile
5 miles
Madison Structure TVDSS (CI = 300’)
Spring Hill 13-34
Madison Structure TVDSS (CI = 25’)
Analog – Pondera Field
Pondera Field
(Avg. 50-150 MBO verticals)
-offset production concentrated at
Pondera Field
-major unconformity; heavily karsted
-can be an excellent reservoir with high
porosity and permeability
Spring Hill 13-34
-requires structural closure
Spring Hill Madison Structural Section
Spring Hill 13-34 25-099-21321-00-00
Madison
Structural
Datum
Spring Hill 14-34 25-099-21315-00-00
Spring Hill Prospect
Spring Hill 13-34
perforated and
tested the Madison.
Initial swabbing
tests recovered
~50bbl oil, however
perforations were
into the transition
or water leg and
when placed on
pump produced
only water
Spring Hill 1434
Time
(ms)
1 Mile
Madison Time Structure C.I. = 2ms
Spring Hill Madison Time Slice
Karst
Spring Hill
13-34
Karst
Spring Hill 1434
1 Mile
22
Spring Hill Madison Stratigraphic Section
Spring Hill 14-34 25-099-21315-00-00
Spring Hill 13-34 25-099-21321-00-00
Madison
*
Madison
W
Marker
Legend
Madison Pay
Spring Hill 14-34 Mud Log
Madison
Spring Hill 13-34 Madison Completion
25-099-21321-00-00
Spring Hill 13-34-27-6
Mooncor Gas & Oil Company
Madison
Oil Water Contact
Perforated
into water
leg
Gamma
Ray
Neutron
Density
Resistivity
Rate of
Penetration
Lithology
Gas Detector
Legend
Perforated Interval
Spring Hill 13-34
Madison
5550’
Elevation
5530’
Elevation
*
26
Spring Hill Pool Size
O/W Contact at 1550’ Elevation, Area ~ 1300 Acres
O/W Contact at 1530’ Elevation, Area ~ 1500 Acres
Spring Hill Operations
Bynum 7-34
Ready to Equip for
Water Disposal
Spring Hill 13-34
Spring Hill 14-34
Pump Onsite with
Single Well
Battery
Legend
Primary Land
3D Seismic
Inferred Karsting
Devonian
Mississippian
J
Cretaceous
Big Valley Tight Oil Potential
Blackleaf
Bow Island
Dakota
Sunburst
Swift
Madison
Sun River Dolomite
Three Forks Shale
Mission Canyon
Lodgepole
Bakken
Three Forks
Big Valley / UPC
Potlatch
Nisku
Big Valley
Potlatch Anhydrite
Big Valley Potential
INDRA BLOOD 10-30-8-23 RR 1979
Well that
triggered
the
Southern
Alberta
Bakken Play
Big
Valley
Cumulative Production:
251,000 Bbl Oil
74,792 Mcf Gas
63 Bbl Water
112 Miles
STATES 1-21 (FAIRWAYS WELL)
(Western edge of Mooncor’s Land)
Indra Blood Well to TORC Play
T10 R26W4
A
Torc
Pearce
3-13-9-25
Legend
Native Reserve
A’
Indra
Blood
T8 R23W4
6 Miles
Indra Blood Well to TORC Play
TORC O&G
is drilling
horizontal
wells into
this thin Big
Valley Unit.
A
Current
Production
from Pearce
3-13-9-25 is
22,800Bbl
Oil
12,288 Mcf
Gas
Big Valley
Stettler
A
A’
100/04-10-010-26W4/00
Suncor Dorchester Granum
Offsets TORC Hz Wells
100/10-30-008-23W4/00
Indra Blood
251,000 Bbl Oil
A’
Fairways Exploration to Mooncor
Benton
Bench 4-528-4
Rockport
14-19-276
A
A’
Legend
Primary Land
3D Seismic
2011/12 Primary Wells
States
1-21
2008 Primary Wells
33
6 Miles
Fairways Exploration to Mooncor
A
25-099-21314-00-00
States 1-21
Fairways Exploration & Production
25-099-21320-00-00
Rockport 14-19-27-6
Primary Petroleum
Rockport
organic
shale
[lower
Lodgepole]
Three
Forks
Big
Valley
Potlatch
Anhydrite
[equivalent
to Stettler]
25-073-21850-00-00
Benton Bench 4-5-28-4
Primary Petroleum A’
Tested 14%
TOC in the
State 1-5
well
Scallion
Limestone
*
A’
34A
Big Valley
[lookalike
to TORC Hz
wells]
Extent of Big Valley Formation
25-073-21849-00-00
Dupuyer Ridge 16-35-28-8
25-099-21321-00-00
Spring Hill 13-34-27-6
A
Lower
Lodgepole
Scallion
Bakken Shale
Three
Forks
Big
Valley
*
Potlatch
Anhydrite
A
A’
25-099-21318
Ralston Gap 4-2-25-6
25-099-21317-00-00
Watson Flats 1-12-23-7
A’
Potential Extent of Big Valley Play
Big Valley
Hz well
Legend
Primary Land
Fairways
Exploration
well
3D Seismic
2011/12 Primary Wells
Inferred
structures from
seismic and
HRAM
Big
Valley Hz
play
Potential extent
of Big Valley Hz
play
Three Forks Seismic 36
Structure Map
25’ Contour Interval
2 Miles
J
Mississippian
Devonian
Blackleaf
Bow Island
Dakota
Sunburst
Swift
Madison
Sun River Dolomite
Mission Canyon
Lodgepole
Bakken
Three Forks
Big Valley / UPC
Potlatch
Nisku
Shallow Exploration
Targets
Cretaceous
Shallow Exploration Targets
Proposed Exploration Locations
Lake Francis
Dupuyer
Legend
Second
Guess
Spring Hill
Discovery
Primary Land
3D Seismic
2011/12 Primary Wells
Proposed Locations
Ralston Gap
38
6 Miles
Dupuyer Ridge Proposed Location
N
Other Potential
Locations
Proposed 82
N
Similar
Flexure to
Gypsy Basin
Blackleaf
Dupuyer Ridge
14-27
Bow
Island
S
Madison Time Structure in Dupuyer Area CI =
2ms
Gypsy Basin
Madison Pool
Sunburst
Madison
Proposed 82
Three
Forks
S-N Line Through Dupuyer West 3D
Madison Time
Structure
Proposed 8-2
S
Prospective Cretaceous Formations
 Upper Blackleaf – present throughout acreage
 Bow Island – over 1.7 Bcf gas produced to date
 Dakota / Kootenai – thick sand present
throughout acreage that contains gas and
potentially oil
 Sunburst – over 2 Bcf gas produced; potential
for oil production
 Swift – present throughout acreage; untested
zone
Sunburst Potential
Bills Coulee
Gas Field
Highview 16-5
Sunburst
Discovery
Bills Coulee
Gas Field
Legend
Structural High
Structural Low
Seismic Faults
12 Miles
Sunburst Isopach
8
6
0’
0’
6
0’
8
0’
10
0’
8
0’6
0’
10’ Contour Interval
Legend
6
0’
8
10
0’
0’
Primary Land
3D Seismic
2011/12 Primary Wells
Structures from
seismic and
HRAM
42
3 Miles
Sunburst Type Log
25-099-21277-00-00
Campbell 8-11
Croft Petroleum Company
Sunburst
Morrison
*
Campbell 811
Legend
Sunburst Formation
Bills Coulee Potential Locations
A’
Sunburst Time
Structure
Proposed 617
Highview 16-5
Well
A
A’
Bow Island
A
Other Potential
Locations
Sunburst
Proposed 6-17
Well
Madison
SW-NE Line through Potential 6-17 & Existing 16-5
Timeslice 10ms above Sunburst trough Shows
Sunburst Trends
Benton Bench Sunburst
Benton Bench
4-5-28-4
Benton Bench
4-5-28-4
Bypass
Sunburst Pay
Timeslice 6ms above Sunburst Trough
Prospective
Feature
16-5-28-4 Loc.
Timeslice 14ms above Sunburst trough
Note additional feature in NW portion
Sunburst Time Structure
1 Mile
Benton Bench Sunburst x-section
A
25-073-21671-00-00
Gernaat 1-6
Comanche Drilling
Company
25-073-21850-00-00
Benton Bench 4-5-28-4
Primary Petroleum
A’
Sunb
urst
Morri
son
A’
A
Legend
Sunburst Formation
Madison and Sunburst Reserve
Estimations
Madison Formation:
•
Estimated oil reserves were calculated using volumetric and
decline analysis on the Gypsy Basin Field.
•
Potential recoverable oil reserves range from 464,000 bbls per
section to 824,000 bbls per section
•
The Spring Hill Madison discovery has potential recoverable oil
ranging from 1mm to 2mm bbls if the pool size is 2 sections.
Sunburst Formation:
•
Estimated gas reserves were calculated using a volumetric
analysis from wells in the Gypsy Basin Field.
•
Potential recoverable gas is 1bcf per section
•
Estimated recoverable oil reserves at Benton Bench could reach
80,000 bbls per 40 acre spacing
Going Forward
Exploration of the Madison formation, including acquisition of 3D seismic over prospective
areas.
Focus of deep exploration should concentrate in the zone earlier identified where it is
anticipated the Big Valley is thicker and may be over pressured.
Economics for 3D Seismic and Drilling Program
3D Seismic:
2D Seismic [trade]:
$56,000 per sq. mile
$1200 per mile
Drilling [3000 ft. Madison test]:
–
Drill and evaluate:
$ 550,000 per vertical well
–
Completion:
$ 60,000 per vertical well
–
Horizontal [2000 feet]:
$ 1.25mm
–
Logging while drilling:
$ 26,000 per horizontal well
Proposed Phase 1 Budget
20 Madison Wells
15,000,000
3D Seismic over 75 sections
4,500,000
6 Vertical Big Valley Test Wells
Total
12,000,000
$31,500,000
Future Acquisition
Ammonite Energy International Inc Signed a PSA for the Al-Jafr block, located in
the southern part of the Hashemite Kingdom of Jordan is a large acreage block, 19,350 Sq
Kilometers in size. The land block is covered with an extensive grid of seismic data, but
very little drilling has taken place on the block
The map shown below as Figure 1 shows the areal extent of the Al-Jafr block. is
situated on the western flank of the Tabuk Basin of west Central Saudi Arabia and Iraq
and can be correlated to the intra –cratonic basins of North Africa. The basin architecture
is described as a series of asymmetrical graben and half –graben features which have left
as series of tilted fault blocks. The timing of the main rift phase is postulated to be Middle
to late Cambrian (NRA. 2006) Tilted fault block basins of the rift phase are filled with
sandstones of the Saleb Formation and the system is capped with Burj Limestone and
shale sequence. During Cambrian and Ordovician time, cyclical sequences of regional
transgressive fluvial and estuarine sand deposition occurred (Dauntless, 1999). The last
major sand sequence of deposition is the Dubeidib Formation which expressed a sequence
of good porosity and permeability in Hunt, JF-#1 well drilled in 1989.
A period of
extensive flooding in the early Silurian over the greater region and much of North Africa
occurred resulting in the deposition of a graptolitic black radioactive shale. The base
“hot” shale of the Mudawwarra is significant as it is considered a good source rock for
hydrocarbon generation for the region.
Figure 1
Mooncor is an Emerging Oil & Gas Exploration
and Development Company
Future Acquisition
A public Canadian junior oil and gas company listed on the TSX Venture Exchange Engaged in the
exploration and development of oil and natural gas resources in the Western Canadian Basin.
Target assembled 34.75 sections (22,240 acres) of 100% working interest lands in the emerging Viking
light oil play in the Halkirk and Battle areas of central Alberta.
•Potential OOIP of 3 to 7 million barrels per section
•Initial Viking oil drilling program of 1 vertical core hole test and 3 to 5 horizontal wells with abundant
“running room”
•Potential for up to 278 un-risked Viking horizontal locations based on full-scale field development at 8
per section
•Scalable drilling program with low capital cost structure
•Established and repeatable economics
•Potential for steady light oil production growth
•Year-round operations with access to existing infrastructure
•Exit strategy
Strome / Battle - Viking Light Oil
•100% working interest in 34.75 net sections (22,240 acres) in the Viking oil fairway (25 Crown and 9.75
Freehold sections).
•Potential for up to 278 un-risked Viking horizontal oil drilling locations based on 8 wells per section
Bashaw - Nisku Light Oil
•100% working interest in 110 acres in the Nisku Formation (D-2H pool).
•DeGolyer & MacNaughton Appraisal Report, as of December 31, 2012, evaluated a 2P BT NPV @ 10%
DCF of $2,494,000.
Mooncor is an Emerging Oil & Gas
Exploration and Development Company
Calgary
520 – 5th Ave SW, Suite #2500
Calgary, Alberta T2P3R7
Tony Boogmans
Tel (403) 266-1559 Ext.# 1
Oakville
151 Randall Street, Suite 101
Oakville Ontario L6J1P5
Allen Lone
TEL (905) 338-2323 Ext.# 22
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