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Presentation
Advantagewon Overview
Junior oil
company
with
a
focused pursuit of small yet
profitable opportunities
Mainly focused in Texas, USA,
recent
Canadian
potential
acquisition
Saratoga Property
Advantagewon acquired lucrative property in the Texas Saratoga Salt Dome area in Hardin County through
an estate sale. Our technical team found oil updip of wells where the oil has remigrated to the top of the
formation and where the reservoir pressure has recharged over the last 40-50 years
The property acquisition included land leases, 1 producing and 2 shut-in wells and 1 salt water disposal
well
51-101 Reserve Report shows a Net Present Value (of proven and probable at 10% discount rate) of
approx. $27 million.
4
Saratoga Property
The Texas Salt Dome area is where Mobil, Exxon and Chevron started in the
early 1900s - over 68MM barrels of oil have been produced in this area
Salt Domes are unique geological features in which a vent of salt has pushed
up to form a dome shaped structure where surrounding formations were
pushed up with the dome to form additional structures. All these formations
have the potential to trap significant oil and gas production
Advantagewon has over 400 acres, 148 acres are in production on the
Caswell lease, 50 recently acquired on the Marlatt lease and another 200+
from original purchase of our Kariker lease
The Company plans on water flooding Caswell #12 post going public.
The Company may drill 1 to 2 more well on this property in 2017 and
anticipates similar geological results
La Vernia Property
Located
in
Guadalupe
County, Texas, US
51-101
Reserve
Report
shows a Net Present Value
(10% discount rate) of $34
million of oil based on our
1,200 acres
this field
Guadalupe
County is 90
miles inland from the Gulf
of Mexico
La Vernia Property
These wells are approximately 1,000 ft. deep, cost $90-$110,000 per well
to drill with starting production of about 10 15 barrels of oil per day
(bpd)
Average reserves for these wells are 6,000 barrels of oils resulting in gross
costs per barrel of $15 to $18.33
The Company drilled its first well in October 2015, Wiseman #30 which
has 13,600 proven barrels and is flowing at over 10 BOPD at a gross cost
of approx. $12 per barrel.
With 3,000 acres we anticipate being able to drill +/- 300 wells.
Advantagewon acquired the Rogers Lease, a 180 acre parcel of land in the
Maple Hughes Field.
This field targets the Austin Chalk formation at approx. 1,500 ft.
The acquisition which cost $125,000 is producing 15 BOPD and has the
opportunity to drill two additional wells.
AOC paid $8,333 per flowing barrel or $3.125 per barrel of oil in the
ground.
Purchase
price is $250,000
plus a plus 10% GORR on the
property
a Net Present
discount rate)
million
Value (10%
of Cdn.$14
10
Faust Property
Property has 3 development locations for horizontal wells into the Bluesky
formation and one vertical test well. There are also deeper leads.
The Faust property is 12 miles west of Black Pearls Mooney field. Black
Pearl has demonstrated that the Bluesky sands are productive and
respond well to a combination of water flooding and ASP flooding.
Advantagewon acquired the property because it fits our profile of low risk,
high return oil projects. The Company plans on drilling several wells on
the property.
Please note that this acquisition has not yet closed and there is a chance
that it will not close or the terms to close may be modified.
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Faust Property
Western
Lion
Bluesky
Average
Well
Production
F orecast
September
2015
Cash
Flow
% of
Summary (M$C)
Revenue
$ 11,336,739
100.0%
Royalties
(2,267,348)
20.0%
Return ($)
Operation Costs
(3,372,600)
29.7%
Return (%)
407%
(5,639,948)
49.7%
160.6
Revenue
Less:
Economic Facts
Before Tax
$ 1,400,000
Breakeven - yrs
$ 5,696,792
Annual
1.0
5,696,792
50.3%
Operating
Btax
Cash Flow
Rate
Price
Revenue
Royalties
Costs
Cash Flow
Summary
bbl/d
$C/bbl
M$C
20%
$21.00
M$C
2016
150
$ 59.45
$ 3,254.89
$ 650.98
$ 1,149.75
$ 1,454.16
2017
75
68.19
1,866.70
373.34
574.88
918.49
2018
50
75.11
1,370.76
274.15
383.25
713.36
2019
35
76.23
973.84
194.77
268.28
510.80
2020
25
78.19
713.48
142.70
191.63
379.16
2021
20
79.36
579.33
115.87
153.30
310.16
2022
15
80.55
441.01
88.20
114.98
237.83
2023
12
81.76
358.11
71.62
91.98
194.51
2024
10
82.99
302.91
60.58
76.65
165.68
2025
84.23
245.95
49.19
61.32
135.44
Remaining
84.23
(est 1 8 years)
Ave
1,229.76
245.95
306.60
677.21
$ 11,336.74
$ 2,267.35
$ 3,372.60
$ 5,696.79
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Existing 51-101
Rogers Lease
Great acquisition and cash flow
Faust Property
Drill 1 to 2 wells by the end of Q 4 2017
Existing 51-101
New Fields
The Company is actively pursuing
additional leasing and acquisition
opportunities
13
Share Capitalization
110,976,000 common
shares issued
121,815,000 including
warrants and options
14
Team
Paul Haber, C.A., C.P.A., Chairman and Chief Executive Officer - Paul has significant amount of
public company experience. He is the Chairman and Managing Director of BlackBirch Capital Inc.,
a private merchant bank with a focus of developing public companies.
John M. Thibeaux, P.E. President and Chief Operating Officer, Advantagewon US Oil, Corp.
John is an E&P Executive with over 30 years of diversified domestic and international experience.
John has worked as Chief Operation Officer, VP of Acquisitions, Corporate Development and
Operations, and is a sought after consultant in the oil & gas industry. He is a Registered
Professional Engineer and has a Masters of Business Administration from University of Houston.
David Copeland, Executive Vice President, Geo Science, Advantagewon US Oil, Corp. Dave is a
skilled professional with over 35 years of wide-ranging experience in project research and
assessment, operations management and marketing. He has 25 years experience working with
small petroleum companies in all aspects of projects from research and inception through
completion and operations.
Paul Van Benthem, Director Paul is the Managing Partner of SFO Capital Inc, a private
investment management office. Prior to forming SFO, Paul spent 10 years as a investment
advisor with several national firms where he was continually recognized for his investment acumen
and exceeding client expectations. SFO has an active investment model, so in addition to having
helped numerous companies find the growth capital they need to move forward and accelerate
their business plans while at the same time helping the firm generate exceptional returns. Paul
has taken on active advisory roles with these investee companies, primarily leading the business
development function so as to further develop growth through his extensive network and
experience. Paul earned a BA in Economics from the University of Toronto.
Stan Dimakos, Director Stan is a principal in the Rockford Group, a real estate investment
company with holdings in commercial and residential investment properties. He is also the founder
and owner of the iconic Champ Burger restaurant on highway 10 north of Orangeville. Currently,
serves on the board of PACE credit union and savings, with over $800 million in assets. Stan holds
a business degree from Ryerson University.
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Contact
Paul Haber
+1 (416) 318-6501
phaber@advantagewonoilcorp.com
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