Celtic Exploration Ltd.

Fall 2010 Asset Sale

Bids Due:

Nov. 10, 2010

PDF IM
53 Pgs, 29.8 MB

Confidentiality
Agreement

Primary Contact:

Mark McMurray

403-299-8447

Introduction Letter | Foreward & Disclaimer | Asset Sale Overview

Northern Alberta: Overview | Utikuma | Minor Properties

North Eastern Alberta: Overview | Ashmont

Central Alberta (Non-Unit): Overview | Swan Hills/Virginia Hills & Judy Creek | Ferrier/Willesden Green | Minor Properties

Central Alberta (Unit): Overview | Virginia Hills Unit | Leduc Unit

South Central Alberta: Overview | Michichi | Drumheller | Richdale

Southern Alberta #1: Overview | Bantry | Pekisko (Princess) | Mannville Waterflood

Southern Alberta #2: Overview | Alderson | Bow Island

Royalty Group: Overview | Properties

• 144 boe/d of non-operated, light oil (31 – 38° API) from the Beaverhill Lake, Belloy-Shunda and Leduc units
• 2P Reserves of 494 Mboe and $5.2 MM (NPV 10%)
• Medium-life oil reserves (RLI of 5.7 on PDP)
• Asset group consists of unitized zone only
• On-going water flood optimization
• Large OOIP positions interests for extended production life

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