onventional” Oil and Gas Executive is Ready to Do It Again
Fortem Resources Inc (TSX.V: FTM); (OTCQB: FTMR)
Appears to Be Undervalued!i
This is Why Early Investors Should Be Prepared for
Fast-Moving Upside Potential
It’s happening again.
After putting together oil and gas blockbusters such as:
Ultra Petroleum, which ultimately rose to a market cap of $7 billion as a result of the 37 contracts he put together, during his tenure as founder and Chairman.
Pennaco Energy Inc., which rose from an initial $1 million market cap all the way to a $550 million sale to Marathon Oil thanks to the 350,000 acres he helped assemble back in 1997 as Founder and CEO.
And Falcon Oil and Gas, which he steered to a rise in market capitalization of more than $3.7 billion as CEO from 2005 to 2010.
Legendary oil and gas executive Marc Bruner is at it again.
Mr. Bruner’s latest project – Fortem Resources Inc. (TSX.V: FTM); (OTCQB: FTMR) – appears to be following the very same blueprint as his other highly successful ventures.
Investors looking for an opportunity to build wealth in the oil and gas space should consider Fortem Resources Inc. (TSX.V: FTM); (OTCQB: FTMR).
Undervalued Assets Could Trigger High Upside Potential for Fortem Resources Inc. (TSX.V: FTM); (OTCQB: FTMR)
Fortem Resources Inc. is a diversified natural resource company with mainly oil and gas assets in North America.
Fortem holds five wholly owned subsidiaries: Rolling Rock Resources, Black Dragon Energy, Colony Energy, Big Lake Energy and City of Gold.
The company’s strategy is a simple one that involves developing quality energy projects with lower risk profiles and identified upside potential.
The management team – led by Marc Bruner – is keen on building a growth-oriented corporation through development of its current assets and deliver optimal shareholder value…and has a history of doing so.
I’ll get to the company’s assets – and why they could be undervalued right now – in just a moment. First, I need to tell you more about…
Unconventional Oil Play Legend Marc Bruner Has a Remarkable History of Success
Fortem Resources Inc. CEO Marc Bruner is one of the original developers of the unconventional oil and gas business and is a rare breed of visionary leader with a unique ability to recognize and advance fundamental paradigm shifts within the energy industry.
Over the last 20 years, Mr. Bruner has built companies like Ultra, Falcon and Pennaco – an unrivaled achievement in the unconventional energy industry.
His last two winning ventures, Ultra Petroleum and Pennaco, both skyrocketed from pennies a share to a combined market value exceeding $10 billion thanks in part to Mr. Bruner’s work as CEO. (Ultra peaked at $100 per share.)
Bruner’s unique talent involves detecting major untapped opportunities and transforming those into viable, multi-billion-dollar businesses.
He did it – in a huge way – with Ultra, Falcon and Pennaco – and he is now working to repeat his success with Fortem Resources Inc. (TSX.V: FTM); (OTCQB: FTMR).
Ultra Petroleum
Mr. Bruner established Ultra Petroleum in 1996 to develop the unconventional oil and gas project in Wyoming known as the Pinedale and Jonah Fields, which is among the largest natural gas fields in the United States.
During his tenure as Chairman of the Board, Bruner conceived and negotiated 37 different contracts that formed the core value and principal asset base of Ultra Petroleum Corp.
While at the helm of Ultra Petroleum, Mr. Bruner completed deals with global oil and gas companies including Haliburton Corporation, Burlington Northern and Questar Gas. Those deals ultimately helped the company grow to a market capitalization of more than $7 billion USD.
Pennaco Energy, Inc.
Mr. Bruner founded Pennaco Energy Inc. to explore and develop coal bed methane properties in the Powder River Basin of Wyoming and Montana in 1997.
In March 2000, the company was sold to Marathon Oil for $550 million USD, having grown from an initial capitalization of $1 million USD.
Falcon Oil & Gas Ltd.
After founding Falcon Oil & Gas Ltd. In 2005, Marc Bruner served as the company’s President and Chief Executive Officer until 2010 and oversaw its market capitalization rise to in excess of $3.7 billion USD.
There’s no question that Marc Bruner created tremendous value for shareholders with Ultra, Falcon and Pennaco…he’s now working to do it again with Fortem Resources Inc. (TSX.V: FTM); (OTCQB: FTMR).
Fortem’s Strategy: Building Large Acreage Blocks in Some of North America’s Most Oil-Rich Regions
As one of the founders of the unconventional oil and gas exploration play, Marc Bruner has a clear strategy for Fortem Resources Inc. (TSX.V: FTM); (OTCQB: FTMR).
The company is amassing large acreage blocks – in some of the most prolific land across North America – as a way to maximize the project’s upside potential before drilling begins.
Fortem Resources Inc. now has a total of four distinct and unique ventures with oil in the ground – and independent NI 51-101 reports of the size of the potential properties. These are vertical and horizontal wells – unconventional oil exploration plays that Mr. Bruner knows like the back of his hand.
These assets are developed via its wholly-owned subsidiaries located in the United States and Western Canada.
Western Canada – Compeer Alberta
In June 2012, Fortem Resources Inc. earned an undivided 100% working interest in the petroleum and natural gas rights to eight contiguous sections of crown land in the Compeer Alberta area.
The company is encouraged that it has demonstrated Viking oil production potential across its Compeer acreage position. Its estimated reserves are 2.7MMbbls, assuming 5% recovery factor on potential 55.5 MMbbls Original Oil in Place.
Northern Alberta, Canada – Wabiskaw Formation
Fortem Resources Inc.’s wholly-owned subsidiary, Colony Energy, holds a 100% interest in and to certain petroleum, natural gas and general rights, including Alberta Crown Petroleum and Oil Leases, totaling over 62,000 acres of which 48,000 is contiguous land located in the Godin area of Northern Alberta.
The Godin land leases consist of the Wabiskaw formation on which an analog well (13-27-082-02W5/0) in the Western edge of the acreage has tested oil and showed moveable oil in the shakers during the drilling process.
Approximately 26 kilometers to the east of the Godin property is the highly successful Canadian Natural Resources Limited (“CNRL”) Pelican Lake Heavy Oil Project, also known as the Brintnell Project. Colony’s Godin property is located between the 13-27-082-02W5/0 well and the Brintnell project where CNRL is producing approximately 50,000 Bopd from the Wabiskaw Formation.
In the annual performance submission to the Alberta Energy Regulator by CNRL, they stated that primary recovery on their leases has been between 5 to 8%, while incremental polymer flooding has increased tertiary recovery to a range from 14 to 30%. Review and due diligence of the Godin Heavy Oil property has revealed that there are many similarities between the two areas in the Wabiskaw formation. The Godin play is analogous to the CNRL Brintnell Project in that the proposed Godin development is analogous to the Brintnell in depth, porosity, oil saturation and structure.
The Company intends to develop the Godin Project in three phases beginning with a four well vertical, followed by a four section pad development of 10 wells per pad/per section. Phase 3 is intended to be the full development of the acreage.
Central Utah – Moenkopi Formation
Fortem Resources Inc. (TSX.V: FTM); (OTCQB: FTMR), via its wholly-owned subsidiary Black Dragon Energy, has the right to acquire a 75% working interest in and to certain leases, hydrocarbons, wells, agreements, equipment, surface rights agreements and assignable permits totaling approximately 165,000 acres (258 sections) at an 80% net revenue interest located in the Moenkopi formation of the Carbon and Emery Counties, Utah.
The Moenkopi oil resource play adjoins Grassy Trails field, which has produced a cumulative 731,000 barrels of oil from the Moenkopi formation. Along with Black Dragon’s Moenkopi property, it comes with new production facilities and is currently producing high gravity oil (38+ API) from a single well awaiting a cleanout to enhance its current production.
High quality 16sq mi 3D seismic has been performed on the property along with significant progress on drilling permits of 12 wells. Currently, there have been 543 penetrations in the Moenkopi formation from surrounding areas. In addition, Black Dragon’s prospect also has three other potential formation targets like the Kaibab, Doughnut and Manning Canyon.
Mancos Formation – Utah
Fortem Resources Inc., via its wholly-owned subsidiary Rolling Rock Resources, has the right to acquire a 50% working interest in and to certain leases, hydrocarbons, wells, agreements, equipment, surface rights agreements and assignable permits totaling approximately 101,888 acres (160 sections) at an 80% net revenue interest located in the Mancos formation in the Southern Uinta Basin, Utah.
The Mancos property is a proven producing shallow oil shale resource play and its acreage sits in the peak oil maturity window of the Southern Uinta Basin. Multiple vertical penetrations have produced up to 120,000 bls which confirms commercial resource presence. The property is drill-ready with shallow to medium depths for low findings and reasonable development costs.
Other deeper formations like the Granite Wash/Arkose are present and could make for a very interesting play with potential larger oil in place to accompany the Mancos formation. Three Federal exploratory units have been formed under Mancos Flats, Windy Mesa and Grand Mancos. There are currently 17 legacy wells producing oil and gas with 75-mile natural gas gathering lines, gas processing facility and compressor stations.
Oil & Gas Asset Summary for Fortem Resources Inc. (TSX.V: FTM); (OTCQB: FTMR)
Here’s what investors need to know about the potential for Fortem Resources Inc. (TSX.V: FTM); (OTCQB: FTMR).
The company has – following Marc Bruner’s proven blueprint for oil & gas exploration success – compiled an impressive list of assets whose potential has been confirmed by independent research.
These assets include:
Estimated reserves of 2.7 million barrels of oil in the Compeer Alberta area.
96 sections of oil and gas leases – totaling over 62,000 acres – in the oil-rich Wabiskaw formation in Northern Alberta.
165,000 acres of oil and gas leases comprised by two federal units in Utah’s Moenkopi formation.
And approximately 101,888 acres (160 sections) comprised by three federal units in the proven producing shale oil Mancos formation in Utah’s Southern Unita Basin.
Again…these assets have been independently examined and verified by industry experts – and the potential value of the original oil in place (OOIP) is much higher than the company’s current market cap.
This high-upside scenario – where the market capitalization has not yet caught up with the company’s potential – may not remain for much longer. So investors looking for oil and gas exploration upside potential should consider an investment in Fortem Resources Inc (TSX.V: FTM); (OTCQB: FTMR) while the window of opportunity remains open.
4 Reasons Investors Should Consider Adding Shares of Fortem Resources Inc (TSX.V: FTM); (OTCQB: FTMR)
1
Fortem has assembled an impressive portfolio of properties, where there are still two more ongoing evaluations to be disclosed.
2
As per JP Morgan’s, Reuters publication on July 13, 2018, oil prices are projected to remain steady at $70 per barrel through 2019. The environment remains favorable for small-cap oil and gas companies like Fortem Resources Inc. (TSX.V: FTM); (OTCQB: FTMR).
3
Fortem Resources Inc. (TSX.V: FTM); (OTCQB: FTMR) is led by legendary oil and gas executive Marc Bruner – one of the original developers of the unconventional oil and gas business. Bruner has a proven history of building value for shareholders. In fact, his last two winning ventures, Ultra Petroleum and Pennaco, both skyrocketed from pennies a share to a combined market value exceeding $10 billion (see details above).
4
Fortem Resources’ strategy for successful growth follows Mr. Bruner’s same blueprint for success used in his previous ventures – and Fortem has already amassed significant acreage blocks in each of its North American oil plays.
As per audited NI 51-101 valuation reports by Deloitte, the company’s wholly own subsidiaries, Colony Energy Inc and Black Dragon LLC demonstrate much higher values than its current Market Cap. Along with this, there are still two more wholly owned subsidiaries, which are under-going evaluations to add to the equation.
Disclaimer: This release/advertorial is a commercial advertisement and is for general information purposes only. This is a Native Advertisement, meaning it is an informational paid marketing piece. Wallstreetnation.com makes no recommendation that the securities of the companies profiled or discussed on this website should be purchased, sold or held by viewers that learn of the profiled companies through our website. Please review all investment decisions with a licensed investment advisor. This Advertorial was paid for a third party, Winning Media LLC in an effort to enhance public awareness of Fortem Resources. and its securities. Winning Media has or expects to receive one hundred thousand dollars budget for Fortem Resources for this advertising effort. Neither WallStreetNation nor Winning Media currently holds the securities of Fortem Resources. and does not currently intend to purchase such securities. This Advertorial contains forward-looking statements that involve risks and uncertainties. This Advertorial contains or incorporates by reference forward-looking statements, including certain information with respect to plans and strategies of the featured Company. As such, any statements contained herein or incorporated herein by reference that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the foregoing, the words “believe(s)” “anticipate(s)”, “plan(s)” “expect(s)” “project(s)” “will” “make” “told” and similar expressions are intended to identify forward-looking statements. There are a number of important factors that could cau se actual events or actual results of the Company to differ materially from these indicated by such forward-looking statements. Certain statements contained herein constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and 21E of the Exchange Act of 1934. Such statements include, without limitation, statements regarding business, financing, business trends, future operating revenues and expenses. There can be no assurance that such expectations will prove to be correct. Investors are cautioned that any forward-looking statements made by the Company, or contained in this advertorial are not guarantees of future performance, and that the Issuer’s actual results may differ materially from those set forth in the forward-looking statements. Difference in results can be caused by various factors including, but not limited to, the Company’s ability to be able to successfully complete planned funding agreements, to successfully market its products in competitive industries or to effectively implement its business plan or strategies. To reiterate, information presented in this advertorial contains “forward-looking statements”. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this advertorial may be identified through the use of words such as “expects,” “will,” “anticipates,” “estimates,” “believes,” “may,” or by statements indicating certain actions “may,” “could,” or “might” occur. More information on the Company may be found at www.sec.gov readers can review all public filings by the Company at the SEC’s EDGAR page. Wallstreetnation.com is not a certified financial analyst or licensed in the securities industry in any manner. The information in this Advertorial is subjective opinion and may not be complete, accurate or current and was paid for, so this could create a conflict of interest.
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