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

• 123 boe/d of operated, light oil from the Sawtooth and Upper Mannville Formations
• 2P Reserves of 490 Mboe and $11MM (NPV10%)
• Long-life oil reserves (RLI of 8.3 on PDP)
• Average working interest of 48% in 12 gross sections of land
• The Company operates two 100% owned oil batteries, and one 60% battery in the area