Rainmaker is focused on the development, acquisition, and exploration of Western Canadian proppant projects.
To be amongst the lowest cost producers
The Growth Strategy
Quick to: Resource - Production - Cash Flow
Focus: Quality Sands + Quality Partners = Sustainable Business
· Close proximity to end user & infrastructure
· Heavy resource economy –Saskatchewan & Alberta
Growth: Through acquisitions
Proppant or frac sands are used in unconventional oil and gas production from tight shale formations. This special sand is used to provide a pathway for hydrocarbons to flow by propping open fractures. Thus the technical term: proppant – see "The Product" section of the Corporate Presentation.
Wells are being drilled deeper and becoming more complex, therefore the demand for frac sand will continue increasing.
3,634 acres and growing, consisting of 92 quarry dispositions in North Central Saskatchewan
· Sand deposit sits at surface
· Accessible by road
· Close proximity to rail
· Multimillion tonne potential
Wave action on the ancient beach has resulted in clean, well-rounded sand grains - potentially suitable for frac sand.
Located adjacent to the only producing frac sand mine in Canada, just north of the town of Peace River, Alberta.
· The friable sand unit is from the Lower Cretaceous Paddy Member of the Peace River Formation.
· The Paddy member represents a shoreline facies; a case of re-worked, non marine sands.
· On average the Paddy Formation is 7.7m thick
The Paddy member has been re-worked several times, resulting in rounding and sorting of sand grains.
R.D.(Rick)Patmore | President & CEO
Mr. Patmore has over 35 years of extensive, hands on field, operational, and financial experience as a senior manager, executive, and business owner in the oil and gas service industry. He brings a vast array of knowledge, skill, and expertise in all facets of oil field services, and has successfully negotiated the sale and purchase of several companies in this industry. Mr. Patmore has a proven track record of successfully building companies that experience substantial growth in size and market capitalization that are subsequently bought out by large TSX-listed companies.
Mr. Patmore was president of Wellco Energy Services Trust where he grew the company from 75 employees to 625 employees and increased the market cap from $25 million to $160 million. Wellco was acquired by Peak Energy and later acquired by Clean Harbors (NYSE) for $200 million. Mr. Patmore is currently Chairman of the Board of Dynamic Directional Drilling another such company that has experienced massive growth under his watch
Chris M. Healey, P.Geo | Director & Geological Consultant
Chris is a licensed professional geologist in Saskatchewan and British Columbia with over 45 years' experience in the natural resources industry, covering all aspects from early stage exploration, through development, to production. He is currently President of Galaxy Graphite Corp. Immediately prior to joining Galaxy on March 1, 2012, Chris was President and CEO of Titan Uranium Inc, a Tier 1 TSX-V listed company, which recently completed a merger with TSX listed Energy Fuels Inc. He also held senior positions with Cameco Corporation, the world's largest uranium producer, where he was involved in the discovery and development of the world's two largest high grade uranium deposits: Cigar Lake and McArthur River. Chris also worked extensively on the Deep Bay West graphite project for Cameco predecessor Saskatchewan Mining Development Corporation in the 1980's. Chris graduated from the University of Wales in 1968 with a Bachelor of Science degree in geology.
Alan Young,P. Eng. | Director
Mr. Young is a licensed professional engineer in Alberta with over 35 years of experience in resource and conventional play engineering and leadership with experience in completions; drilling; production strategy and petroleum operations.
He is currently President of A&L Consulting Ltd. and is engaged in contract work with resource shale play developments. Mr. Young was the Natural Gas Completions Manager at Suncor Energy, helping develop a completions strategy for resource and conventional play development and optimization. With Alan’s leadership and expertise, the application of technology and innovation resulted in a number of Canadian and North American technical firsts and successful application. Prior to his career at Suncor, he worked for two senior Canadian oil and gas producers.
Mr. Young holds a Bachelor of Science in Mechanical Engineering from Lakehead University in Thunder Bay, Ontario and a diploma in Mechanical Engineering Technology from SAIT in Calgary, Alberta.
Bev Funston | Director
Bev has over 20 years office administration experience, 10 years in regulatory compliance. Bev oversees the general administration of the company and serves as Corporate Secretary for Uranium Power Corp. She also serves on the board of a number of resource companies.
3rd Floor, Bellevue Centre
235 15th Street
West Vancouver, British Columbia V7T 2X1
Telephone: (604) 921-1810
Facsimile: (604) 921-1898
Website: Brant Wladichuk