Colorado Wyoming Reserve Company (fka CWYR)

[tr8dervic]

I rec'd MS word presentation:

Colorado Wyoming Reserve Company
[OTC BB Symbol: CWYR]


Safe Harbor Statement:

Any statements contained herein that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and involve risks and uncertainties. Potential factors could cause actual results to differ materially from those expressed or implied by such statements. Information on the potential factors that could affect the Company's actual results of operations are included in its filings with the Securities and Exchange Commission. These risks may be further discussed in periodic reports and registration statements to be filed by the Company from time to time with the Securities and Exchange Commission in the future.

Insert big map showing acreage+shoot+Monticello

Colorado Wyoming Reserve Company, Principal office: 751 Horizon Court, Suite 205, Grand Junction, Colorado 81506, Tel: [phone]; incorporated as a Wyoming corporation on November 7, 1979.

The Company is an oil and natural gas exploration company with a geographical focus in the Rocky Mountain region of the western United States.

The Company's primary objective is the acquisition of interests in undeveloped oil and gas properties, and the location and development of economically attractive accumulations of hydrocarbons in such properties through the use of a highly-integrated, interpretive approach to the application of three-dimensional (3D) geophysical data (seismic data acquired and processed to yield a three-dimensional picture of the subsurface).

The Company's acquisitions of undeveloped oil and gas properties are accomplished primarily by the acquisition of direct mineral leasehold interests from private, state and federal lands.

The Company's Southwest Lisbon property is currently in production and once payout is achieved the Company will begin to have operating income. After payout, the Company shall own 10.625% of current production and uphole potential.

The other Structures, where the Company owns 42.5% working interest, remain to be drilled. The Company anticipates additional 3D Seismic work around the identified structures.

The Company would like to expand its current 16,640 acre 3D Seismic shoot generated in the years 2000 to 2002 by an additional 64,000 acres, in the future, in order to look for additional structures.

CWYR Basics:

As of 12/31/2005; 10,857,694 issued and outstanding.

20,500,000 fully diluted.

$500,000 third party debt.

3D Seismic works!
7th Annual 3D Seismic Symposium Meeting BIG Success
.. more than 480 people …at the Denver Marriott Center – hosted by the Rocky Mountain association of Geologists and the Denver Geophysical Society. Attendees saw cutting-edge presentations on the technology that markedly increases revenues to oil and gas companies… In DDD’s case, the company seeks prospects that use 3D seismic for a “quantum leap” in risk-reduction for areas that have great sonic contrast for clear imaging of hydrocarbon targets.
Does the 3D strategy work? DDD drilled 300 wells from 1993-2000, and the company is scoring an 80% success rate on new-field wildcat wells.
http://www.denvergeo.org/Archive_In.asp?type=Tech&dt=4.23.01

Executive Summary
3-D seismic data has been successfully used by independent operators in Kansas over the last decade to identify prospects and make drilling decisions.
The estimated commercial success rate for wells drilled with 3-D seismic is 70%, compared to an average success rate of approximately 30%-35% for wildcat wells drilled in Kansas over the past 3 years.
3-D seismic has been particularly useful for delineating small structural highs and narrow channels that can be significant drilling targets, but cannot be identified with well-control alone or even using 2-D seismic data..
http://www.nmcpttc.org/Case_Studies/PTTCseismic_case/3d-seismic_appl.html
CEO: Kim Fuerst


has been President, Chief Executive Officer and Director since September 1996, and Chief Financial and Accounting Officer from October 17, 1997 to September 22, 2004. From 1994 to 1996 he was a Vice President and head of the energy group of Van Kasper and Company, an investment-banking firm. From 1989 to 1994 he served in various capacities at Great Northern Gas Company including Vice President of Finance and as a Director. From 1982 to 1990 he was President and Chief Operating Officer of Karen Oil Company that, during this period, drilled over 100 wells and operated those wells that were producing wells. Over the past 25 years he has worked in a variety of energy related positions, both as an independent producer and as an investment banker.

CFO+COO: Rafiq Sayed

has been a Director of the Company since September 1998. On September 22, 2004 Mr. Sayed was appointed Chief Financial Officer. Since May 2000, Mr. Sayed has worked for EMC Corporation as a Vice President. From October 1999 through April 2000, Mr. Sayed was a consultant for the utility industry. From 1997 to October 1999, Mr. Sayed served as Vice President of Engineering for ADC Telecom. From 1981 to 1997, Mr. Sayed was with Nortel Technology in various positions, most recently as Senior Director. He served on the Board of Directors of Meteor Industries, Inc., a position he held from April 1996 until September 1998. Mr. Sayed graduated from Southbank College in London, England in 1975 with an H.N.D. in Electrical/Electronic Engineering. He also attended Essex University in London, England where he was enrolled in an advanced computer science program.

Dr. Syed Aslam Daud

has been a Director of the Company since December 1998. Dr. Daud is currently working as analyst and project manager with First Health Canada Inc. in Toronto, Ontario, Canada, a position he has held since April 1999. Before that he was the Vice President, Investor Relations & Communications of Sayed Consulting Inc. in Toronto, Ontario, Canada, a position he had held since January 1996. During a nine-month period from December 1997 to September of 1998, Dr. Daud was also an Investor Relations and Communications officer of Trivalence Mining Corporation. Prior to joining Sayed Consulting, Inc., he worked from September 1990 to October 1995 in various capacities at Shoppers Drug Mart and Shoppers Home Health Care (a division of Iamsco, Inc.), including Pharmacy System Trainer and Corporate Manager. Since 1994, Dr. Daud has served as national President of a non-profit youth organization. Dr. Daud is also the secretary and member of board of directors for a non-profit housing organization. He is also currently serving as the National General Secretary of non-profit charitable organization. Dr. Daud received his M.B.B.S. degree in medicine and Surgery from Dow Medical College, university of Karachi, Pakistan.

Waseem A. Sayed, PhD

provides consulting services to publicly traded companies especially those operating assets in North and/or Central and South America.

He participated in a $12.65mm, 9% Convertible Senior Subordinated Debenture for Saba Petroleum Company. He provided financial public relations to Saba Petroleum Co., and during 1 1/2 years of service was instrumental in increasing market cap from $15mm to over $300mm while liquidity increased 1,000 fold. He worked with Raptor Networks Technology Inc. Management to attract $7.35 mm of equity funding during the first six months of 2004.

He is currently consulting for Colorado Wyoming Reserve Company as of September 1, 2004.

Oil and Gas Operations handled by Trinity Petroleum Management ..
.. formed in September 1989 and is headquartered in Denver, Colorado;provides full accounting, financial, land, and engineering services to oil and gas companies.
Trinity has a team of seasoned oil and gas professionals who have extensive experience in every aspect of the oil and gas business.
J. Samuel Butler, President and Chief Executive Officer
J. Samuel Butler has been the President of Trinity Petroleum Management 1989 to the present. In addition, he has served as Chief Executive Officer of Sterling Energy Corp. as well as Sheffield Exploration. Mr. Butler was a founding principal in Petrie Parkman & Co., an investment banking firm specializing in upstream energy financing. After receiving a degree in Petroleum Engineering from the Colorado School of Mines, Mr. Butler pursued graduate studies in the field of Mineral Economics. He is a past Director of the Independent Petroleum Association of America and past Director of the Independent Petroleum Association of the Mountain States.
Trinity/ST Oil and Gas is also a working interest partner and operator of the properties in which CWYR has an interest.

We are in SE Utah, an area around which we have:

Lisbon Field: 50mm bbls oil & 635 BCF of gas. 150 mm boe.

$3 billion @ $20/bbl in ground

found 1960 by Pure Oil, depth 8200 feet; Mississippian, bedrock is 8,400 feet; can see all we want for oil by looking to this depth, wells cost $2mm these days, were 1 mm a year ago.
Also several other smaller oil and gas fields – some single well 5 to 10 million+ bbls, on a few hundred acres.

[add here page with Lightning Draw Sub-Basin, San Juan County, Utah – showing Lisbon, 22,640 acres, 26 ½ sq mile 3D seismic shoot, fields north of Lisbon, all Mississippian, Aneth + fields around, all Pennsylvanian]

In San Juan County, there are 38 fields that report a current cumulative production of over 100,000 boe.

Of these 38 fields, 19 report over 1,000,000 boe.

[add here the graph giving distribution of these showing how many with how much reserves..]

The Lightening Draw Sub-Basin has experienced limited exploration activity.

Miller well, 1998 discovery, 18 miles south of cwyr acreage, IP of 960 BOPD and 940 Mcfpd – validating effective use of 3D seismic in this area. [May 1999 article AAPG Explorer entitled: 3D Scores Algal Mound Discovery]

We acquired 70,000+ acres in 1999 @ $10/acre. Caused $1mm seismic on 26.4 sq. mile [16,896 acres] interpretation and analysis etc..Structures found …

SOUTH of us another big field ANETH – 400 million boe - Pennsylvanian, 5,000 feet.

CEO believes Mississippian is the most prospective zone with the Pennsylvanian as a secondary target.

Re-focus science, tighten what looking for…New criteria still yield several prospects.

Three Structures: Southwest Lisbon, Button and Tiger - each having potential plays in five zones!

Mississippian: Upper and Lower;

Pennsylvanian.

Ismay.

Southwest Lisbon: Two wells drilled: one new, the federal 1-31; and one re-entry Evelyn Chambers [$ 4mm +], Both hit oil-gas, both Mississippian. CWYR owns 10.625 APO [$33 mm valuation– 8/8 ths]; Drilling revealed another potential zone at 7,000 feet, very strong, to control well [prevent blow-out] used 12.4 lb. mud, heavy enough to damage formation, engineering problems, acid jobs Nov. ’05; Feb. ’06 – could be an excellent zone..

Description of Areas:

SW Lisbon: Extent of play, 1,200 acres [Lisbon, 5,000 acres].

10.625% APO in drilled wells; 10.625% WI in additional wells to be drilled; at recent meeting 5 locations identified; 3 PUD [proved undeveloped]; 1 Probable and 1 Possible.

Engineering evaluation being arranged by Company.

1 Wildcat, to test Pennsylvanian.

If positive may need to drill 5 to 11 wells.

Add. Acreage: 5 sections. Add. 3D Seismic Shoot: 10 sections.

Button: 42.5% WI [working interest].

Tiger: 42.5% WI.

Seismic showed we need to acquire more adjacent land. 6,000 acres just acquired & paid for.

[insert four pages of color 3d seismic …]

POSSIBLE VALUATIONS OF
COLORADO WYOMING RESERVE COMPANY
OTC BB SYMBOL: CWYR – $0.75 per share
10,857,694 Outstanding as of 12/31/2005

Colorado Wyoming Reserve Company (CWYR) has invested the last 5 years in the acquisition, processing and interpretation of a 26 ½ square mile (16,640 acres) 3D seismic shoot in the Southeastern portion of Utah. The southeast part of Utah has more than 8 oil fields in the vicinity of the 3D seismic shoot. The largest of these fields was found in 1960 and has reserves of 150 million barrels of oil equivalent in the Mississippian (8100 feet) zone.

CWYR has identified five structures in the Mississippian zone and three in the Pennsylvanian zone (5100 feet) for a total of eight structures.

CWYR owns 42 ½ % of two of the three Mississippian structures and is seeking the acquisition of two more possible Mississippian structures. Additionally, CWYR owns 42 ½ % of two Pennsylvanian structures.

In addition, CWYR traded a 42 ½ % in one Mississippian structure and one Pennsylvanian structure to the 10.625% APO level in order to cause from drilling partners approximately 4 million dollars and the drilling of two wells and perfect its 3D seismic science.

Both wells were successful in the Mississippian structure and proved the validity of the 3D seismic science. The Pennsylvanian structure remains to be drilled. There are no zones below the granite, which begins at 8,400 feet.

CWYR has recently acquired 42.5% interest in 6,000 acres on the southern flank of its shoot.

CWYR is confident that all eight structures have been correctly interpreted and is of the opinion that one or more could contain economic amounts of oil and gas. These structures and their possible impact on the per share value of CWYR are:

Southwest Lisbon (Miss) ….10.6% APO
Southwest Lisbon (Pa) ….10.6% APO combined est. $1/share
Button (Miss) .…42 ½ % possible value of $1.50 - $2/share
Tiger (Miss) ….42 ½ % for a possible value of $12/share
Mako (Pa) .…...42 ½ % for a possible value of $1.50/share
Rabbit (Pa) …….42 ½ % for a possible value of $1.50/share
2 Unnamed and to be acquired
(Miss) ….42 ½ % for a possible value of $3.00/share Total for a possible value of $20.50 to $21.00/share

It is impossible to know what the value of these structures is net to CWYR until they are drilled. The seismic science says these structures are there but there is no way to know whether or not they are oil bearing until they are drilled.

The company wishes to raise 15 million dollars, 10 million for additional 3D seismic science to identify possible new structures on an incremental 64,000 acres and 4 ½ million dollars for drilling currently identified structures.

Disclaimer
The values of this company are impossible to know, as is the future price of oil and gas. Safe harbor for Forward-Looking Statements: Except for historical information contained herein, the statements are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company’s actual results in the future periods to differ materially from potential results. These risks and uncertainties include, among other things, volatility of oil gas prices, product demand, market competition, imprecision of reserve estimates and the Company’s ability to replace and expand oil and gas reserves. These and other risks are described in the Company’s Annual Report on Form 10-KSB and other filings with the Securities and Exchange Commission.

Real value of SW Lisbon: We have shown that structures exist with multiple productive zones by the drill-bit and that structure one is loaded up.


Also Tiger, looks as if have a potential another Lisbon here, who knows? The same science that said plays in structure at SW Lisbon is saying that there are prospects at Tiger and Button.


Drilling at SW Lisbon found oil and gas, the risk was always whether there was a play there or not, we have eliminated that by 3D seismic. Now we have to do more examination by drill-bit; but remember the first place we did this we had success; SW Lisbon.

USE of Proceeds:

We are looking to allocate approx. $5 mm - $7 mm for further drilling [additional wells SW Lisbon – 4 to 5 wells; Penn. wells - five to eleven wells; Ismay wells, 1 or 2; purchase increased interest].

$6 mm for Search for additional structures on a 100 sq. mile shoot [each sq. mile 3D seismic shoot + analysis and interpretation costs nowadays about $70,000].

the remainder $2 mm for corporate use.

CURRENT ASSETS:
Cash and cash equivalents $ 283
Accounts receivable -
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Total current assets 283

PROPERTY AND EQUIPMENT:
Unproved oil and gas properties 26,598
Other property and equipment 14,914


Less accumulated depreciation, other property and equipment (14,841)
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Net property and equipment 26,671

Other 1,960
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Total assets $ 28,914
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CURRENT LIABILITIES:
Trade accounts payable $ 62,394
Other accrued liabilities 359,157
Related party payables:
On account 773,518
Convertible Notes 280,000
Notes payable 25,000
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Total current liabilities 1,500,069

EQUITY
Common Stock, $.01 par value: authorized-
75,000,000 shares; issued and outstanding-
10,857,694 108,577
Additional paid-in capital 5,396,976
Warrants 148,100
Accumulated deficit:
Before entering the development stage (4,441,242)
After entering the development stage (2,683,566)
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Total Equity (1,471,155)

Total liabilities and equity $ 28,914

Of the $1,500,069 of current liabilities, only $500,000 is owed to third parties.

Add Pro Forma Post Funding of Equity.