Overview
Commenced operations November 20th, 2006
Private company:
16.5 mm shares Basic
19.8 mm shares Fully Diluted (includes 2.7 mm options at $2.50 and 0.6 mm
options at $0.90)
Management and Director ownership: 8.0% / 6.7% (Basic/Fully Diluted)
Private Placement History:
$10 mm raised to date
Currently raising $12 mm
Common shares @ $1.00 per share plus 1/2 warrant at $2.50
Production anticipated Q2 2009
Undeveloped Land: 40,000 acres (gross)
Tax Pools: $4.2 mm
Capex to Date: $9.5 mm
2009 Exit Production Target: 927 boepd (risked)
2009 Exit Reserves Target: 1,200 mboe (risked)
2009 Target F&D: $11.69/boe
2009 Capex: $12 mm (participate in 5 exploration wells)
G & A: $0.3 mm
Black Goose Holdings Inc. is an emerging oil and gas exploration company built to deliver top-tier
cash flow through the use of an innovative exploration strategy combining proven
technologies and strategic partnerships.