©2007 Red Rock Energy Inc.
Updated: February 6, 2012
HIGHLIGHTS
- Publicly traded company on the TSX-V Exchange since 2007
- 51 million shares issued and outstanding (53 million fully diluted)
- Market capitalization of 4.6 million
CORPORATE FACTS
- Auditors: DNTW Chartered Accountants LLP
- Legal: ProVenture Law LLP
- Transfer Agent: Olympia Trust Company
CORPORATE ADDRESS
Suite 206, 1053 10th Street SW
Calgary, Alberta
T2R 1S6
CONTACTS
- Sandy Loutitt, President, CEO and Director
T 403-685-1047
F 403-717-5564
E sandy@redrockenergy.ca
- Rick Couronne, Investor Relations
T 403-717-5570
E RCouronne@redrockenergy.ca
HIGHLIGHTS
- Light oil play focused on low risk bypassed pay in the Western Canadian Sedimentary Basin (WCSB)
- Phase I: Development includes 15 sections with the potential for 84 targets
- Phase II: Transitions to field size development prospects in the range of 1.48 MMBbls of oil recoverable with potential IP’s of 1,600 Bbl/d
- Exploitation development strategy centers around existing well re-completions which confirms reservoir characteristics and lowers offset drilling risk
- Low development costs due to existing infrastructure: wells, pipelines, facilities and roads
- Red Rock Energy Inc. has existing tax pools of 6.5 million
- Current program estimates average net back of $41.00/Bbl with an average payout of less than 1 year
- Exceptional technical team with over 80 years combined experience