Strongbow Resources Inc.
Corporate Presentation
Focus on Viking Light Oil Resource Play
October, 2014
OTCQB: STBR
Reader Advisory
Certain statements in this presentation constitute forward looking statements or forward looking information within the meaning of applicable securities
laws (“forward looking statements”). Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause
the actual results, performance or achievements of Strongbow Resources Inc. (“Strongbow” or “the Company”), or developments in Strongbow’s
business or in its industry, to differ materially from the anticipated results, performance, achievements or developments expressed or implied by such
forward looking statements. In particular, statements concerning oil and gas reserves may involve the implied assessment that the resources described
can be profitably produced in the future, based on certain estimates and assumptions. No independent third party has reviewed the reasonableness of
any such statements, estimates or assumptions. No member of the Strongbow team represents or warrants that such forward looking statements will
be achieved or will prove to be correct. Actual future results and operations could vary materially from the forward looking statements. Similarly, no
representation or warranty is made that the assumptions on which the forward looking statements are based may be reasonable. No audit, review or
verification has been undertaken by Strongbow or any independent third party of the assumptions, data, results, calculations and forecasts presented
or referred to herein. The recipient acknowledges that neither it nor Strongbow intends that Strongbow act or be responsible as a fiduciary to the
recipient, its management, stockholders, creditors or any other person.
Each of the recipients, by accepting and providing this Corporate Presentation respectively, expressly disclaims any fiduciary relationship and agrees
that the recipient is responsible for making its own independent judgments with respect to any transaction and any other matters regarding this
Corporate Presentation. Forward looking statements include all disclosure regarding possible events, conditions or results of operations that is based
on assumptions about future economic conditions and courses of action. Forward looking statements may also include any statement relating to future
events, conditions or circumstances. Strongbow cautions you not to place undue reliance upon any such forward looking statements, which speak only
as of the date they are made. Forward looking statements relate to, among other things, changes in the resource market; the market focus of
Strongbow’s revenue mix and margin targets; operations priorities; and strategy for its products and solutions. The risks and uncertainties that may
affect forward looking statements include, among others, the completion and integration of acquisitions, the possibility of technical, logistical or planning
issues in connection with deployments, the continuous commitment of Strongbow’s customers, demand for Strongbow’s assets and other risks detailed
from time to time in Strongbow’s filings with the Securities and Exchange Commission and Canadian provincial securities regulators. Forward looking
statements are based on Management’s current plans, estimates, projections, beliefs and opinions, and the Company does not undertake any
obligation to update forward looking statements should assumptions related to these plans, estimates, projections, beliefs and opinions change.
OTCQB: STBR
Corporate Profile and Overview
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Listed on US.OTC Exchange
STBR.QB
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Basic shares outstanding
27,896,684
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Insiders and founders ownership
41%
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Largest Shareholder 1
Holloman Value Holdings, LLC
6,600,000 (or 24% of O/S)
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52 week trading range
$0.50 – $1.00 per share
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Market valuation
$17.6 million
1 no
other shareholders hold greater than or equal to 10% of outstanding shares
OTCQB: STBR
Directors and Management Team
Michael Caetano
President, Chief Executive Officer and Director
Over 20 years of successful business development and leadership in a variety of private and public companies
Specializes in capital funding, mergers and acquisitions
Possesses a combination of high energy, entrepreneurial spirit and innate curiosity
Robert Madzej, BBA
Chief Operating Officer and Director
Over 10 years of experience in business development and finance
Experience in business structuring and economic decision-making
Bachelor of Business Administration degree from Simon Fraser University
Robert DaCunha, BA
Chief Financial Officer and Director
Over 10 years in finance with financial institutions as well as private and public companies
Serves as director for several companies and understands compliance/audit requirements
Proficient in financial analysis and is detail-oriented in running a successful organization
Bachelor of Arts degree from the University of Toronto
OTCQB: STBR
Corporate Strategy
Building solid operating team of experienced oil and gas professionals
Adopt early-mover and/or experience-driven advantage
Target strategic acquisitions, partnerships or joint ventures with
Engage best-practices drilling, completion and production methods
OTCQB: STBR
North American Oil and Gas Resource Plays
Canada
Viking Light Oil Horizontal Play
Alaska
Yukon Territory
Northwest Territories
HORN RIVER
Nunavut
Canada
British Columbia
COLORADO
VIKING
Manitoba
Nevada
California
Quebec
Ontario
UTICA
BAKKEN
Washington
Montana
New
Brunswick
Maine
North Dakota Minnesota
Vermont
Idaho
Wyoming
Wisconsin
South Dakota
United States
Utah
Nebraska
Colorado
Missouri
Illinois
New Mexico
Oklahoma
Michigan
Pennsylvania
Indiana Ohio
Kentucky
Arkansas
West
VirginiaVirginia
Rhode Island
Connecticut
New Jersey
Delaware
South Carolina
MARCELLUS
Texas
Louisiana
FAYETTEVILLE
HAYNESVILLE
Oil
Gas
Bakken Light Oil
Montney Liquids-rich Gas
Colorado Dry Gas
Horn River Shale Gas
Utica Shale Gas
Maryland
North Carolina
Tennessee
Mississippi
Georgia
Alabama
BARNETT
New Hampshire
Massachusetts
New York
Iowa
Kansas
Arizona
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Newfoundland
Saskatchewan
Oregon
first horizontal well drilled in 2007
2,625+ horizontal wells drilled to date
600 – 700m depth and 35o API oil
< $1million all-in per well
CARDIUM
Alberta
MONTNEY
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Mexico
EAGLEFORD
United States
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Barnett
Haynesville
Fayetteville
Marcellus
Eagleford
OTCQB: STBR
Viking Horizontal Light Oil Opportunity
well-delineated tight oil accumulations
time / continuous learning / capital
unique reservoir characteristics require reservoir-specific technologies
minimize operational risk and cost structure
maximize deliverability and ultimate recovery
“through-out all… keep a curious mind”
OTCQB: STBR
Our Technical and Operating Approach
OTCQB: STBR
Western Canadian Viking Oil & Gas Fairway
OTCQB: STBR
EC Alta / WC Sask – Viking Horizontal Oil Play
OTCQB: STBR
Compeer Viking Oil Project
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Drilled first Viking horizontal well 05-29-33-02W4
and placed on production
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Continue to evaluate 04-32 well results in order to
improve on drilling, completion and production
practices in future Compeer Viking horizontal
wells
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Earned 100 percent working interest (subject to
sliding scale 5 – 15% NCGORR) of the P&NG
rights in 8 sections of land from Harvest
Operations Corp.
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Novus drilled 4 Viking horizontal wells (of 6
licensed) in February 2014 proximal to Compeer
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Anegada and Pennwest continue their Viking
horizontal drilling activity to the south of Compeer
at Esther
OTCQB: STBR
WC Sask Viking Horizontal Light Oil Attributes
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Well-delineated oil accumulations
Greenfield to brownfield opportunities
Abundant running room
Shallower and less expensive
Incentifying royalty regime
Poor vertical oil well drainage
Low gas/low water rates and volumes
Responsive government
Workable regulatory framework
Cooperative surface landowners
Or, why we prefer to target Saskatchewan Viking
OTCQB: STBR
WC Sask – Viking Horizontal Oil Play Fairway
OTCQB: STBR
Ideal Growth Opportunity Candidate
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Relatively low technical, operating and producing uncertainty
Reasonable potential to double reserves, production and cash flow
Light oil preferred
Per well capex less than $1.5 million
Working interest greater than 60%
Operatorship in order to control capex and operations timing
Acquisition, farm-in, joint venture or other creative deal
Available through direct approach or limited auction
High “do-ability” factor
OTCQB: STBR
Corporate Evolution
Compeer Viking oil opportunity
 Drilled first corporate Viking horizontal oil well
 Earned eight sections of Crown P&NG rights from surface to basement expiring in
2017-09-30
 Producing well while monitoring area competitor activity
Consolidate share capital structure
 Completed one for four reverse split resulting in 27.5 million shares outstanding
Engage technical and operating team
 Attracted and retained services of key technical and operational personnel
Reinvigorate corporate development
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Identify, evaluate and capture new potential growth opportunities
Source additional capital through existing and/or new shareholders
Move Strongbow from emergent position to fully functional junior oil and gas
operating company in Western Canada
OTCQB: STBR
Corporate Summary
Emergent Public Junior Oil and Gas Investment Opportunity
Early Stage
New Corporate Structure
New Technical and Operating Team
Flexible, Financed, Fun
Seeking New Growth Opportunities
Committed to Growing Shareholder Value and Returns
OTCQB: STBR
Contact Information
U.S. Office
Suite 250, 777 North Rainbow Boulevard
Las Vegas, Nevada
89107
Michael Caetano
President and CEO
1.403.241.8912
[email protected]
Calgary Operations Office
Suite 1600, 421 – 7th Avenue S.W.
Calgary, Alberta Canada
T2P 4K9
[email protected]
Investor Relations
Paul Hughes
[email protected]
1.403.241.8912
www.strongbowinc.com
OTCQB: STBR