Spartan Energy Corp

Spartan Energy Corp. is an oil and gas company based in Calgary, Alberta.  Spartan has operations in central Alberta and in southeast Saskatchewan and maintains a multi-year inventory of oil focused horizontal drilling opportunities.  Spartan’s experienced management team has a track record of profitability and value creation and is committed to creating per share growth for our investors. The company trades on the Toronto Stock Exchange under the trading symbol (SPE).

Spartan Energy Corp. is a Calgary-based crude oil and natural gas exploration and production company with producing properties focused in Saskatchewan.

Investment Highlights

• Experienced management team

• High quality asset base

     - light oil focused

     - high working interest and operatorship

     - majority of production tied into facilities

     - extensive inventory of drilling locations

     - large database of 3-D seismic coverage

Corporate Strategy

• Spartan is targeting high quality assets which will generate significant free cash flow over a reasonable period of time

    - Per share growth through accretive acquisitions complemented by development drilling

    - Targeting 10,000 – 15,000 boe/d over the next 18 – 24 months

    - Growth planned both through the drill bit as well as through accretive acquisitions

    - Focus is on sustainable growth and manageable declines

Operations

Southeast Saskatchewan:

• Focus on conventional Mississippian targets, primarily in the Frobisher/Alida and Midale formations

• Targeting improving recovery factors in large oil in place pools  through infill drilling and waterflood support

• Over 150 net sections of undeveloped land

Viking - West Central Saskatchewan:

• Over 100 net drilling locations across the heart of the Viking Play in the Dodsland area of Saskatchewan

Alexander Alberta:

• Drilling low-risk, low capital vertical wells in 'Detrital C' pool

• Own 3D seismic and all associated facilities

• 10 locations currently identified with future waterflood upside