PP

HEAVY OIL DRILLING PROJECT

Producing Properties

All Standard Disclaimers Apply & Seller Rights Retained


HEAVY OIL DRILLING PROJECT

EAST CENTRAL ALBERTA PKGS

WILDMERE & FROG LAKE. W/4

UPPER MANNVILLE & GRAND RAPIDS

46-Wells. 9-Producing. 1-Water Injection

26.5 LAND SECTIONS

60-100% OPERATED WI FOR SALE

Net Production: 150 BOPD

Net Operating Cash Flow: $131,935/Mn

Total Proved Reserves: 767 MBOE

Total PDP Reserves: 122 MBOE

OFFERS ACCEPTED ON FIELD LEVEL

CONTACT ENERGY ADVISORS GROUP

PP 11216DV

Summary
Deltastream Energy Corp. has made the decision to consolidate its capital and focus on their core area and therefore are making their heavy oil properties in Wildmere and Frog Lake available for divestiture. Deltastream will consider all proposals with a preference to sell the assets located in East Central Alberta W4M for cash.

The portfolio is divided into two (2x) SubPackages.

SubPackage #1---
The Wildmere property, where Deltastream owns 100% WI is moving into the Secondary Recovery Phase with a Waterflood program expected to boost recovery from 7% to 15%.

SubPackage #2----
The Frog Lake property, is in Primary Recovery Phase. Here Deltastream owns 60% WI in 33 sections of land in partnership with the Frog Lake First Nations owning 40%.

Deltastream has a solid inventory of 1P and 2P booked drilling locations, as well as future locations based on in-house mapping.

Most of the development is single leg horizontal wells of either 700 or 1,400 meters with the exception of the Waseca locations in Frog Lake, which are tri-laterals similar to nearby wells drilled by IPL and West Lake. Expected reserves for all these locations would vary from 50,000 barrels, up to 100,000 barrels for the tri-lateral Waseca wells. EAG understands that these wells can be drilled and completed $750,000.

TO LEARN MORE
Energy Advisors Group (Canada)
Mr. Steve Henrich
Canadian Representation
1580, 727 - 7th Avenue SW
Calgary, AB T2P 0Z3 CANADA
---Direct: 403-294-1906 Cell: 403-874-7801
---Email: [email protected]

Questions Regarding This Asset? Email Steve Henrich
Virtual Data Room

EAST CENTRAL ALBERTA PKGS

WILDMERE & FROG LAKE. W/4

UPPER MANNVILLE & GRAND RAPIDS

46-Wells. 9-Producing. 1-Water Injection

26.5 LAND SECTIONS

60-100% OPERATED WI FOR SALE

Net Production: 150 BOPD

Net Operating Cash Flow: $131,935/Mn

Total Proved Reserves: 767 MBOE

Total PDP Reserves: 122 MBOE

OFFERS ACCEPTED ON FIELD LEVEL

CONTACT ENERGY ADVISORS GROUP

PP 11216DV

Summary
Deltastream Energy Corp. has made the decision to consolidate its capital and focus on their core area and therefore are making their heavy oil properties in Wildmere and Frog Lake available for divestiture. Deltastream will consider all proposals with a preference to sell the assets located in East Central Alberta W4M for cash.

The portfolio is divided into two (2x) SubPackages.

SubPackage #1---
The Wildmere property, where Deltastream owns 100% WI is moving into the Secondary Recovery Phase with a Waterflood program expected to boost recovery from 7% to 15%.

SubPackage #2----
The Frog Lake property, is in Primary Recovery Phase. Here Deltastream owns 60% WI in 33 sections of land in partnership with the Frog Lake First Nations owning 40%.

Deltastream has a solid inventory of 1P and 2P booked drilling locations, as well as future locations based on in-house mapping.

Most of the development is single leg horizontal wells of either 700 or 1,400 meters with the exception of the Waseca locations in Frog Lake, which are tri-laterals similar to nearby wells drilled by IPL and West Lake. Expected reserves for all these locations would vary from 50,000 barrels, up to 100,000 barrels for the tri-lateral Waseca wells. EAG understands that these wells can be drilled and completed $750,000.

TO LEARN MORE
Energy Advisors Group (Canada)
Mr. Steve Henrich
Canadian Representation
1580, 727 - 7th Avenue SW
Calgary, AB T2P 0Z3 CANADA
---Direct: 403-294-1906 Cell: 403-874-7801
---Email: [email protected]

Questions Regarding This Asset? Email Steve Henrich