TD Securities Calgary Energy Conference July 2014
|
|
- Drusilla Campbell
- 7 years ago
- Views:
Transcription
1 TD Securities Calgary Energy Conference July 2014
2 Forward-Looking Statements Certain statements, estimates and financial information contained in this presentation ("Estimates") constitute forwardlooking statements or information. Such forward-looking statements or information involve known and unknown risks and uncertainties that could cause actual events or results to differ materially from the Estimates or results implied or expressed in such forward-looking statements. While presented with numerical specificity, the Estimates are based (i) on certain assumptions that are inherently subject to significant business, economic, regulatory, environmental, seasonal, and competitive uncertainties, contingencies and risks including, without limitation, assumptions of resource, ability to obtain debt and equity financing, capital costs, construction costs, well production performances, operating costs, commodity pricing, differentials, royalty structures, regulatory approvals, and other known and unknown risks, all of which are difficult to predict and many of which are beyond the control of ULC ("Grizzly"); and (ii) upon assumptions with respect to future business decisions that are subject to change. There can be no assurance that the Estimates or the underlying assumptions will be realized and that actual results of operations or future events will not be materially different from the Estimates. Under no circumstances should the inclusion of the Estimates be regarded as a representation, undertaking, warranty or prediction by Grizzly, or any other person with respect to the accuracy thereof or the accuracy of the underlying assumptions, or that Grizzly will achieve or is likely to achieve any particular results. The Estimates are made as of the date of this presentation and Grizzly disclaims any intent or obligation to update publicly or to revise any of the Estimates, whether as a result of new information, future events or otherwise. Recipients are cautioned that forward-looking statements or information are not guarantees of future performance and, accordingly, recipients are expressly cautioned not to put undue reliance on forward-looking statements or information due to the inherent uncertainty therein. There are significant differences in the criteria associated with the classification of reserves, prospective resources and contingent resources. Contingent resources and prospective resources estimates involve additional risks, specifically the risk of not achieving commerciality and exploration risk, respectively, not applicable to reserves estimates. No adjustments for these risks have been made in the groupings of reserves and recoverable resources. All reference to dollars in this presentation should be assumed to refer to Canadian dollars, unless otherwise noted. All references to reserves and or resources represent Grizzly s interest in reserves and resources prior to the deduction of Crown royalties, unless otherwise noted. 2
3 Investment Highlights One of the Largest Oil Sands Land Positions in Alberta Algar Lake Current Operations Using Rail to Consistently Access Premium Markets Repeatable & Scalable Development Model > 800,000 net acres in the Athabasca and Peace River oil sands regions (100% operated, nearly 100% WI) focused on SAGD development ~ 3.4 billion bbls of 2P+Contingent Resources (1) across more than 30 project areas Privately owned by Wexford Capital and Gulfport Energy Corporation Steam injection at Algar Lake Phase 1 commenced in February, 2014 All 10 well pairs have achieved steam injection, with current production of ~1,000bbls/d First crude oil shipped from Windell to the U.S. Gulf Coast in June, 2014 Windell truck-to-rail terminal at Conklin, Alberta is operational to ship Algar Lake and 3rd party oil and receive diluent Design and permitting is advanced on the Paulina rail-to-barge terminal project, located on the lower Mississippi River in Louisiana Rail rate contracted with CN for 10 years Plan to have > 20 projects ready for SAGD development in the next 5 years, with bitumen production potential of ~170,000 bbbls/d Grizzly s ARMS development model enables repeatable and scalable project development, reducing execution and financing risk 1. Source: GLJ Petroleum Consultants Ltd., as at December 31,
4 Accomplishments since Last Conference Algar Lake Completed Phase 1 construction and commissioning First Oil was achieved in April Current bitumen production is ~1,000 bbls/d Anticipate peak production of ~6,000 bbls/d by mid 2015 May River Filed a 12,000 bbl/d regulatory development application in Q First round of Supplemental Information Requests (SIRs) have been received Completed an 83 km 2D seismic program in Q Processing of the data is well advanced and will be used to support a full field delineation drilling program Cadotte Rail Strategy Booked 345 mmbbl Contingent Resource (1) Acquired additional lands in the Peace River area Developed delineation drilling and seismic programs and plans for regulatory work Constructed and commenced operations at the Windell truck-to-rail terminal Shipped first crude oil to the U.S. Gulf Coast Completed design engineering and filed development permits for Paulina rail-to-barge terminal Currently in discussions with 3rd parties for transloading business at both terminals 1. Source: GLJ Petroleum Consultants Ltd., as at December 31,
5 800,000+ Net Acres of Alberta Oil Sands Leases Lease Other Oil Sands Lease Alberta Oil Sands Areas Producing Project Under Construction Thermal Project City of Fort McMurray City of Peace River Exposure to All Play Types in Athabasca & Peace River 5
6 Grizzly Assets Grizzly has a high quality resource based on Steam Assisted Gravity Drainage ( SAGD ) with additional upside using other reservoir recovery processes 3.4 billion bbls of 2P + Contingent Resources (1) Resources primarily located in low risk clastic reservoirs, with some exposure to the carbonates Two thirds of current lease position remains unexplored, which provides upside potential Clastics (Existing Technologies) (1) Proved Reserves (mmbbls) 2P Reserves (mmbbls) Contingent Resources (mmbbls) 2P Reserves + Contingent Resources (mmbbls) Potential (1) Plateau Production (bbls/d) Operating Algar Lake ,000 Near-Term Development Projects May River ,000 Cadotte ,000 Thickwood ,000 Other Projects Additional Growth Properties 0 0 1,769 1, ,000 Total Existing Technologies ,925 3, ,000 Carbonates (Technology under Development) (1) Additional Growth Properties ,000 TOTAL ,112 3, , Source: GLJ Petroleum Consultants Ltd. as at December 31, 2013; All Contingent Resources herein refer to Best Estimate. 6
7 Grizzly Development Portfolio Algar Lake Phase 1 Windell Rail Terminal Value $ / BOE Thickwood May River Phase 1 Algar Lake Phase 2 2 billion barrels of resources on ~30+ properties Cadotte LAND CAPTURE RESOURCE DELINEATION DEVELOPMENT APPLICATION FILED PROJECT DEVELOPMENT APPLICATION RECEIVED CONSTRUCTION 1 ST OIL PROJECT PERFORMANCE DEMONSTRATED HARVEST TIME TO PRODUCTION DE-RISKING OF ASSETS Creating Value by Advancing Project Development 7
8 Grizzly Project Development Portfolio Property # ARMS Plants Production Potential (bbls/d) (1) 2P Reserves + Contingent Resources (2) (mmbbls) Status Algar Lake Phase 1 1 6, Producing Algar Lake Phase 2 1 6, Regulatory Approval Received May River Phase , Regulatory Application (filed Dec 2013) and 1 st round of SIRs have been received May River Full Field 12 90, Plan to file Regulatory Application by December 2016 Cadotte 7 50, Plan to file Development Application by December 2016 Thickwood 1 5, Regulatory Application filed December 2012 Total ,000 1, Management Estimates; 2. Source: GLJ Petroleum Consultants Ltd., as at December 31, 2013 Attractive Scalable Development Portfolio 8
9 Grizzly s ARMS Development Model Built and commissioned Grizzly s 1 st ARMS Plant at Algar Lake Demonstrated that ARMS plant works Benefits of the ARMS development model include: Scalable and manageable growth to match reservoir development requirements Improved redundancy and operability Lower cost Lower project execution and financing risk Working on learnings from the first plant to apply to the next project 9
10 Algar Lake Property ~ 12,000 bbls/d Commenced reservoir steam injection at Algar Lake Phase 1 in February, 2014 Steam is currently being circulated through all 10 well pairs, expected to be converted to SAGD production mode by the end of August Current production is ~1,000 bbls/d Full production ramp up expected by the end of Q2/2015 GLJ has assigned 114 mmbbls of 2P Reserves and 35 mmbbls of Contingent Resources Algar Lake Phase 2 regulatory approval is in hand T88 T87 T86 T85 T84 T83 T82 T81 R14 R13 R12 R11 R10 R8W4 10
11 Algar Lake Reference Well AB W4 Up to 22 metres thick bitumen pay Wabiska Wabiskaw-D No bottom water or top gas 18+ metre thick bitumen pay outside of the initial development area McMurray 18m Devonian Single Clean Channel Sand Devonian 11
12 Algar Lake Reservoir Quality Gamma Ray Logs Over Horizontal Production Well Trajectories Excellent Reservoir Quality over Entire Well Length 12
13 May River Property ~ 100,000 bbls/d ~50,000 acres of 100% W.I. oil sands leases 12,000 bbls/d development application filed and 1 st round of SIRs have been received Adjacent to industry leading SAGD projects including Statoil KKD project and close to Jackfish, Christina Lake and CNRL Kirby projects Located ~10 km away from Grizzly s Windell truck-to-rail terminal 96 km 2D full field seismic 59 km 3D full field seismic GLJ has assigned 157 mmbbls of 2P reserves and 662 mmbbls of Contingent Resources 13
14 819 MM Barrels of High Quality Recoverable Bitumen GLJ Best Estimate Net Continuous Bitumen Pay metres Net Continuous Pay Multiple stacked channel system Analogous to nearby Cenovus, Devon, MEG and Statoil projects Up to 40 metres thick bitumen pay with continuous cap rock High permeability sands should deliver bitumen at steam-oil ratios in the 2.2 to 2.8 range 14
15 Cadotte Property ~ 50,000 bbls/d 100% W.I. in ~50,000 acres GLJ has assigned 345 mmbbls of Contingent Resources Up to 18 metres clean, homogeneous net continuous pay in Belloy formation Bluesky Belloy 15
16 Rail Transportation Strategy Potential Rail Transportation Routes Rail provides consistent and flexible access to coastal markets offering Brent pricing Diluent requirements are 50% lower on rail (railbit) than pipeline Condensate back-haul opportunities from the U.S.Gulf Coast are available to resource diluent requirements at lower cost Potential markets for bitumen transport via rail 16
17 Grizzly s Rail Transportation Strategy Windell Rail Terminal - Operational First crude oil shipped to the U.S. Gulf Coast in June, 2014 Windell Terminal Site Conklin, AB Located adjacent to our May River site, and in close proximity to 160,000 bbls/d of existing and 1.5 MMbbls/d of planned industry bitumen production Capacity can be expanded to unit train facility of railbit loading and condensate receiving Short pipeline opportunities to access local bitumen production Paulina Terminal Permitting underway Located near 8 complex refineries on the Mississippi River with refining capacity of 2.4 MMbbls/d 350 rail car fleet leased for 10 years Both terminals are located on CN main line. Grizzly has executed 10-year rate contract with CN Grizzly is in negotiations with 3 rd parties to handle volumes at both facilities Paulina Terminal Site - Louisiana 17
18 2014 Business Plan Highlights Algar Lake May River Cadotte Demonstrate Algar Lake reservoir and ARMS plant performance by executing a successful production ramp Achieve positive cash flow by year end Advance the 12,000 bbls/d May River development application Process 2D seismic data, which will be used to direct future core hole drilling to support the filing of a full field development application in 2016 Prepare ARMS design and execution plan based on Algar project experience Conduct detailed reservoir physical and simulation studies Delineation and regulatory work plans for 2015 execution Thickwood Advance Thickwood regulatory development application Rail Strategy Establish rail transportation capability, efficient blending metrics and access to markets that transact based on world oil prices Receive development permits, contract third party business, sanction and construct Paulina 18
Staying the Course Investor Presentation June 2016
Staying the Course Investor Presentation June 2016 Disclaimer This presentation is not, and under no circumstances is to be construed to be a prospectus, offering memorandum, advertisement or public offering
More informationAnnual General Meeting May 5, 2016
Annual General Meeting May 5, 2016 Advisory FORWARD-LOOKING STATEMENTS: This presentation contains certain forward-looking statements and forward-looking information (collectively referred to as "forward-looking
More informationRAGING RIVER EXPLORATION INC. ANNOUNCES 2015 YEAR END RESERVES AND UPDATED 2016 GUIDANCE
February 3, 2016 RAGING RIVER EXPLORATION INC. ANNOUNCES 2015 YEAR END RESERVES AND UPDATED 2016 GUIDANCE CALGARY, ALBERTA (February 3, 2016) Raging River Exploration Inc. ("Raging River" or the "Company")
More informationSPARTAN ENERGY CORP. ANNOUNCES TWO CONSOLIDATING SOUTHEAST SASKATCHEWAN LIGHT OIL ACQUISITIONS AND BANK LINE REDETERMINATION
Suite 500, 850 2 nd Street SW Calgary, AB T2P 0R8 Canada Ph.: (403) 355-8920 Fax: (403) 355-2779 SPARTAN ENERGY CORP. ANNOUNCES TWO CONSOLIDATING SOUTHEAST SASKATCHEWAN LIGHT OIL ACQUISITIONS AND BANK
More informationTOUCHSTONE ANNOUNCES 2015 THIRD QUARTER RESULTS AND ELIMINATION OF NET DEBT; UPDATES TRINIDAD ACQUISITION
TOUCHSTONE ANNOUNCES 2015 THIRD QUARTER RESULTS AND ELIMINATION OF NET DEBT; UPDATES TRINIDAD ACQUISITION Calgary, Alberta November 13, 2015 Touchstone Exploration Inc. ( Touchstone or the Company ) (TSX:
More informationBLACKPEARL RESOURCES INC. 700, 444 7th Avenue SW, Calgary, AB T2P 0X8 Ph. (403) 215-8313 Fax (403) 265-8324 www.blackpearlresources.
BLACKPEARL RESOURCES INC. 700, 444 7th Avenue SW, Calgary, AB T2P 0X8 Ph. (403) 215-8313 Fax (403) 265-8324 www.blackpearlresources.ca NEWS RELEASE August 5, 2014 BLACKPEARL ANNOUNCES SECOND QUARTER 2014
More informationFinancial strategy supports business plan
Financial strategy supports business plan Ivor Ruste Executive Vice-President & Chief Financial Officer Investor Day Calgary December 7, 2011 Financial strategy supports business plan Support long-term
More informationPRESS RELEASE. November 12, 2013
PRESS RELEASE November 12, 2013 TORC OIL & GAS LTD. ANNOUNCES THIRD QUARTER 2013 FINANCIAL & OPERATIONAL RESULTS, SUCCESSFUL TRANSITION TO SUSTAINABLE DIVIDEND PLUS GROWTH COMPANY AND INCREASE TO 2013
More informationFOURTH QUARTER 2015 Report to Shareholders for the period ended December 31, 2015
FOURTH QUARTER 2015 Report to Shareholders for the period ended, 2015 MEG Energy Corp. reported fourth quarter and full-year 2015 operating and financial results on February 4, 2016. Highlights include:
More informationInter Pipeline Fund Announces Strong Third Quarter 2009 Results
News Release Inter Pipeline Fund Announces Strong Third Quarter 2009 Results CALGARY, ALBERTA, NOVEMBER 5, 2009: Inter Pipeline Fund ( Inter Pipeline ) (TSX: IPL.UN) announced today its financial and operating
More informationCrude Oil NGL Bitumen Natural Gas Total Area Interest Operator (MBD) (MBD) (MBD) (MMCFD) (MBOED)
Fact Sheet March 215 The company s Canadian operations are comprised primarily of natural gas fields in western Canada and oil sand projects in the Athabasca region of northeastern Alberta. Current investment
More informationOperational Review and Outlook
TD Newcrest Oil Sands Conference Calgary July 2009 Operational Review and Outlook Paul M. Boechler Chief Financial Officer Trading Information Strategy Flint s Markets and Geographic Footprint Business
More informationCanada s Oil Sands Overview and Bitumen Blending Primer. US National Academy of Science October 23, 2012
Canada s Oil Sands Overview and Bitumen Blending Primer US National Academy of Science October 23, 2012 1 Global Crude Oil Reserves by Country billion barrels 300 250 200 150 100 50 265 211 174 151 143
More informationFOR GROWTH A SPRINGBOARD. 2010 Annual Report
FOR GROWTH A SPRINGBOARD 2010 Annual Report CONTENTS 1 2010 Highlights 2 President s Letter 4 A Conversation with Management 6 Operations Review 16 Oil and Gas Reserves and Resources 23 Management s Discussion
More informationEnCana and Cenovus Oil & Gas Conversion
Creating Two Highly Focused Energy Companies Calgary, Alberta September, 2009 Future Oriented Information In the interest of providing EnCana Corporation ( EnCana or the Company ) shareholders and potential
More informationCRESCENT POINT ENERGY ANNOUNCES $1.45 BILLION CAPITAL EXPENDITURES BUDGET FOR 2015
PRESS RELEASE CRESCENT POINT ENERGY ANNOUNCES $1.45 BILLION CAPITAL EXPENDITURES BUDGET FOR 2015 January 6, 2015 CALGARY, ALBERTA. Crescent Point Energy Corp. ( Crescent Point or the Company ) (TSX and
More informationCANADIAN NATURAL RESOURCES LIMITED ANNOUNCES 2014 FOURTH QUARTER AND YEAR END RESULTS CALGARY, ALBERTA MARCH 5, 2015 FOR IMMEDIATE RELEASE
CANADIAN NATURAL RESOURCES LIMITED ANNOUNCES FOURTH QUARTER AND YEAR END RESULTS CALGARY, ALBERTA MARCH 5, 2015 FOR IMMEDIATE RELEASE Commenting on fourth quarter and year end results, Steve Laut, President
More informationGran Tierra Energy Inc. Announces 2015 Year-End Reserves and Combined Pro Forma Reserves and Resources
Gran Tierra Energy Inc. Announces 2015 Year-End Reserves and Combined Pro Forma Reserves and Resources CALGARY, Alberta January 21, 2016 Gran Tierra Energy Inc. ( Gran Tierra or the "Company") (NYSE MKT:
More informationNOVEMBER 2015 UPDATE
NOVEMBER 2015 UPDATE 1 Started Sept 2010, fourth Storm since Nov 1998 history of per share growth in prod n & asset value 119.3 MM shares + 6.0 MM options, TSX-V symbol SRX management, Board ownership
More informationRMP Energy Provides First Half 2016 Capital Budget and Highlights New Strategic Acreage Positions
NEWS RELEASE December 17, 2015 RMP Energy Provides First Half 2016 Capital Budget and Highlights New Strategic Acreage Positions Calgary, Alberta RMP Energy Inc. ( RMP or the Company ) (TSX: RMP) is pleased
More informationDecember 2015. Investor Presentation
December 2015 Investor Presentation COS Overview Pure-play exposure to a scarce, irreplaceable oil sands mining asset in a low-risk, geopolitically stable country High quality leases border every oil sands
More informationTreatment, Beneficial Use and Management of CBM Produced Water Industry Perspective
IP/BEC - Challenges and Opportunities of IP/BEC Challenges and Opportunities of Treatment, Beneficial Use and Management of CBM Produced Water Industry Perspective Forward-Looking Statements Except for
More informationKELT INCREASES PLANNED 2015 CAPITAL EXPENDITURES IN BRITISH COLUMBIA, PROVIDES OPERATIONS UPDATE AND ANNOUNCES $78.8 MILLION EQUITY FINANCINGS
PRESS RELEASE (Stock Symbol KEL TSX) June 15, 2015 Calgary, Alberta KELT INCREASES PLANNED 2015 CAPITAL EXPENDITURES IN BRITISH COLUMBIA, PROVIDES OPERATIONS UPDATE AND ANNOUNCES $78.8 MILLION EQUITY FINANCINGS
More informationCOMPANY UPDATE FIRST QUARTER 2016 RESULTS
COMPANY UPDATE FIRST QUARTER 2016 RESULTS ROYAL DUTCH SHELL 4 MAY 2016 Copyright of Royal Dutch Shell plc May 4, 2016 1 SIMON HENRY CHIEF FINANCIAL OFFICER ROYAL DUTCH SHELL PLC 2 DEFINITIONS & CAUTIONARY
More informationBengal Energy Fourth Quarter and Fiscal 2016 Year End Results
June 17, 2016 Bengal Energy Fourth Quarter and Fiscal 2016 Year End Results Calgary, Alberta Bengal Energy Ltd. (TSX: BNG) ( Bengal or the Company ) today announces its financial and operating results
More informationCanadian Oil Sands. Enhancing America s Energy Security
Canadian Oil Sands Enhancing America s Energy Security May 2011 The importance of Canada s oil sands stems from the value of oil to our economy and energy security. Global demand for energy continues to
More informationTrilogy completed the sale of its Dunvegan oil assets in the Kaybob area for net proceeds of $45 million.
Calgary, Alberta November 5, 2015 News Release: Trilogy Energy Corp. Announces Financial and Operating Results for the Three and Nine Months-Ended September 30, 2015 and Provides Revised Guidance Trilogy
More informationRMP Energy Reports Third Quarter Financial Results
NEWS RELEASE November 12, 2015 RMP Energy Reports Third Quarter Financial Results Calgary, Alberta RMP Energy Inc. ( RMP or the Company ) (TSX: RMP) is pleased to report for the three months ended September
More informationThird quarter 2015 results October 29, 2015 Conference call notes
Third quarter 2015 results October 29, 2015 Conference call notes Kam Sandhar Director, Investor Relations Thank you operator and welcome everyone to our third quarter 2015 results conference call. I would
More informationRange Resources Announces Merger With Memorial Resource Development. Conference Call Slides
Range Resources Announces Merger With Memorial Resource Development Conference Call Slides December May 16, 2016 22, 2011 1 Highlights of Merger Core acreage positions in two of the most prolific highquality
More informationBAYTEX REPORTS Q3 2015 RESULTS
BAYTEX REPORTS Q3 RESULTS CALGARY, ALBERTA (November 6, ) - Baytex Energy Corp. ("Baytex")(TSX, NYSE: BTE) reports its operating and financial results for the three and nine months ended (all amounts are
More informationUpstream Developments Generate Growing Hydrocarbon Gas Liquids Supply! Alan Farquharson, SVP - Reservoir Engineering & Economics!
Upstream Developments Generate Growing Hydrocarbon Gas Liquids Supply! Alan Farquharson, SVP - Reservoir Engineering & Economics! June 16, 2015 Forward-Looking Statements Certain statements and information
More informationEPAC: Oil and Gas Investor Showcase. June 10, 2015
EPAC: Oil and Gas Investor Showcase June 10, 2015 Forward Looking Statement Advisories Certain information contained in this presentation constitutes forward-looking information within the meaning of applicable
More informationAlberta s Oil Sands 2006
Alberta s Oil Sands 2006 Alberta s oil sands are abundant, accessible, and affordable sources of crude oil. With the continuing decline of conventional North American crude oil reserves, the focus is turning
More informationCanadian Oil Sands' Second Quarter Results Reflect Continued Progress on Syncrude's Cost Reduction Efforts
July 30, 2015 TSX: COS Canadian Oil Sands' Second Quarter Results Reflect Continued Progress on Syncrude's Cost Reduction Efforts All financial figures are unaudited, have been prepared in accordance with
More informationFOR IMMEDIATE RELEASE TSXV: SOG OPERATIONS UPDATE. last. $90 million, by. drilled five. the Company. up the casing. well 14 35. resource.
NEWS RELEASE TSXV: SOG February 11, 2016 STRATEGIC OIL & GAS LTD. FOR IMMEDIATE RELEASE PROVIDES OPERATIONS UPDATE, YEAR END RESERVES AND FINANCING ARRANGEMENT Calgary, Alberta Strategic Oil & Gas Ltd.
More informationCorporate Presentation January 2016
Corporate Presentation January 2016 CAUTIONARY STATEMENTS Certain information regarding the Company contained in this presentation, including our liquidity position, our business strategies, plans and
More informationBuilding a well-funded, full-cycle, exploration led E&P company
Investor Presentation Building a well-funded, full-cycle, exploration led E&P company June 2016 Important Notice This Presentation does not constitute an offer or invitation or a solicitation of any offer
More informationCorporate Presentation October 2015
Corporate Presentation October 2015 CAUTIONARY STATEMENTS Certain information regarding the Company contained in this presentation, including our liquidity position, our business strategies, plans and
More informationASX Announcement GOOD OIL CONFERENCE PRESENTATION OUR FOCUS. The Company Announcement Officer ASX Ltd via electronic lodgement COOPER BASIN
ASX Announcement Strike Energy Limited ABN 59 078 012 745 5 September 2012 The Company Announcement Officer ASX Ltd via electronic lodgement GOOD OIL CONFERENCE PRESENTATION OUR FOCUS COOPER BASIN Over
More informationNOT FOR DISSEMINATION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW.
PRESS RELEASE CRESCENT POINT ANNOUNCES STRATEGIC SOUTHEAST SASKATCHEWAN CONSOLIDATION ACQUISITION OF LEGACY OIL + GAS INC., UPWARDLY REVISED 2015 GUIDANCE AND A CDN$600 MILLION BOUGHT DEAL FINANCING May
More informationDeeThree Exploration Ltd. Announces Corporate Reorganization to Create Two Oil-Focused Companies
Page 1 of 6 04/07/2015 17:00 EST DeeThree Exploration Ltd. Announces Corporate Reorganization to Create Two Oil-Focused Companies CALGARY, ALBERTA--(Marketwired - April 7, 2015) - DeeThree Exploration
More informationBuilding A Premier Oil Company. Great Assets Grow Shareholder Value Corporate Presentation presented at The Oil & Gas Conference, Denver August 2015
Building A Premier Oil Company Great Assets Grow Shareholder Value Corporate Presentation presented at The Oil & Gas Conference, Denver August 2015 Advisory This presentation should be read in conjunction
More informationCENTURY ENERGY LTD. FORM 51-102F1 MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR ENDED AUGUST 31, 2014
CENTURY ENERGY LTD. FORM 51-102F1 MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR ENDED AUGUST 31, 2014 The following management s discussion and analysis ( MD&A ), prepared as of December 11, 2014, should
More information2008 Annual General Meeting
2008 Annual General Meeting Presented by Stephen Popadynetz and Roderick Chisholm May 6, 2008 Integrated Solutions for the Oil & Gas Industry Disclaimer This presentation may contain forward-looking statements,
More informationFor personal use only
COMPANY INFORMATION Verus Investments Limited ABN 59 009 575 035 INVESTMENTS Tunisia Chorbane Block Project (10% Working Interest) USA (72% Working Interest) Bullseye Project (10% Working Interest) ACTIVITIES
More informationCanacol Energy Ltd. Reports Record Adjusted Funds from Operations of US $37 Million in Fiscal Q1 2015
Canacol Energy Ltd. Reports Record Adjusted Funds from Operations of US $37 Million in Fiscal Q1 2015 CALGARY, ALBERTA (November 12, 2014) Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE;
More informationGood afternoon. It's a pleasure for me to be here today, and I want to thank Raymond James for this opportunity.
J. Michael Yeager, senior vice-president and director, Imperial Oil Limited, speaks to the Raymond James Oil Sands of Canada Conference. New York, New York May 9, 2005 Good afternoon. It's a pleasure for
More informationInvesting: Suncor - A Strategic Advantage
UBS Energy 1x1 Conference Boston November 23, 2015 Ryan Kubik President and Chief Executive Officer Suncor s Hostile Bid Suncor has offered 0.25 Suncor shares for each COS share COS board has recommended
More informationSPARTAN ENERGY CORP. ANNOUNCES THIRD QUARTER FINANCIAL AND OPERATING RESULTS
Suite 500, 850 2 nd Street SW Calgary, AB T2P 0R8 Canada Ph.: (403) 355-8920 Fax: (403) 355-2779 SPARTAN ENERGY CORP. ANNOUNCES THIRD QUARTER FINANCIAL AND OPERATING RESULTS CALGARY, ALBERTA (November
More informationEnbridge Income Fund Holdings Inc. Announces Second Quarter Results; Declares Monthly Dividend
NEWS RELEASE Enbridge Income Fund Holdings Inc. Announces Second Quarter Results; Declares Monthly Dividend HIGHLIGHTS (all financial figures are unaudited and in Canadian dollars) Earnings for the second
More informationCanadian Oil Sands Valuable. For the Long Term. Investor Presentation January 2016
Canadian Oil Sands Valuable. For the Long Term. Investor Presentation January 2016 Reasons to Reject Suncor s Hostile Bid Significantly Undervalued: - Fails to recognize a new era of lower cost production
More informationRESULTS FIRST QUARTER 2015
0 April 27, 2015 RESULTS FIRST QUARTER 2015 An integrated energy player focused on exploration and production DISCLAIMER 1 RCA figures except otherwise noted. By attending or reading this presentation,
More informationBONTERRA ENERGY CORP.
BONTERRA ENERGY CORP. JULY 2014 YIELD GROWTH SUSTAINABILITY FORWARD LOOKING INFORMATION Certain statements contained in this Presentation include statements which contain words such as anticipate, could,
More informationCanadian Oil Sands Reports Over $1 Billion of Cost Savings Achieved at Syncrude Year to Date
October 29, 2015 TSX: COS Canadian Oil Sands Reports Over $1 Billion of Cost Savings Achieved at Syncrude Year to Date All financial figures are unaudited, have been prepared in accordance with Canadian
More informationPETROMINERALES ANNOUNCES ANOTHER RECORD QUARTER, PRODUCTION INCREASES AND NEW CORCEL DISCOVERY
NEWS RELEASE PETROMINERALES ANNOUNCES ANOTHER RECORD QUARTER, PRODUCTION INCREASES AND NEW CORCEL DISCOVERY Bogotá, Colombia November 6, 2008 Petrominerales Ltd. ( Petrominerales or the Company ) (TSX:
More informationCanadian Association of Petroleum Producers Oil and Gas Investment Symposium June 13, 2011
Canadian Association of Petroleum Producers Oil and Gas Investment Symposium June 13, 2011 Corporate Overview and Financial Strategy Regenerating the Foundation Pillars of Growth Husky Snapshot- Diversified,
More informationNEWS RELEASE CHINOOK ENERGY INC. ANNOUNCES ITS DECEMBER 31, 2015 RESERVES AND PROVIDES OPERATIONS UPDATE
NEWS RELEASE CHINOOK ENERGY INC. ANNOUNCES ITS DECEMBER 31, 2015 RESERVES AND PROVIDES OPERATIONS UPDATE CALGARY, ALBERTA February 8, 2016 Chinook Energy Inc. ("Chinook" or the "Company") (TSX: CKE) today
More informationGreenfields Petroleum Corporation
Greenfields Petroleum Corporation BAHAR Project Update 3rd Annual Azerbaijan & Caspian Sea Oil and Gas Week 2015 September 28, 2015 Baku, Azerbaijan TSX.V: GNF & GNF.DB Organized by: oliverkinross Forward-Looking
More informationMILLER AND LENTS, LTD.
MILLER AND LENTS, LTD. INTRODUCTION HISTORY Miller and Lents, Ltd., a United States Corporation chartered under the laws of the State of Delaware, is an oil and gas consulting firm offering services and
More informationenergy ltd February 2016 TSX: CQE
cequence energy ltd February 2016 TSX: CQE Forward-Looking Information and Definitions Summary of Forward-Looking Statements or Information Certain information included in this presentation constitutes
More informationDetour Gold Provides New Life of Mine Plan for Detour Lake
January 25, 2016 NEWS RELEASE Detour Gold Provides New Life of Mine Plan for Detour Lake Detour Gold Corporation (TSX: DGC) ( Detour Gold or the Company ) is pleased to announce a new life of mine plan
More informationBrazil exploration assets Rui Baptista Head of Exploration Brazil. 1 Capital Markets Day - March 14th 2011
Brazil exploration assets Rui Baptista Head of Exploration Brazil 1 Capital Markets Day - March 14th 2011 Overview Exploration assets Angola development Brazil exploration assets Pre-salt Santos basin
More informationPress Release November 12, 2015
Press Release November 12, 2015 VALEURA ANNOUNCES THIRD QUARTER 2015 FINANCIAL AND OPERATING RESULTS AND COMMENCEMENT OF DRILLING ON THE FIRST BANARLI EXPLORATION WELL Valeura Energy Inc. ("Valeura" or
More informationGULFPORT ENERGY CORPORATION DECEMBER 31, 2015 NET PROVED RESERVE RECONCILIATION (Unaudited) Gas Equivalent BCFE
February 2, 2016 Gulfport Energy Corporation Reports 83% Increase in Total Proved Reserves to 1.7 Tcfe, Provides Fourth Quarter 2015 Operational Update and Schedules Fourth Quarter and Full-Year 2015 Financial
More informationSalamander-1 Well Ice Breaker Meeting. 21 January, 2010 Bertus de Graaf, Managing Director
Salamander-1 Well Ice Breaker Meeting 21 January, 2010 Bertus de Graaf, Managing Director Disclaimer This presentation has been prepared by Panax Geothermal Ltd (Panax). The information contained in this
More informationQ4 2013 Investor Conference Call. February 19, 2014
Q4 2013 Investor Conference Call February 19, 2014 FORWARD-LOOKING STATEMENTS Certain statements in this document about our current and future plans, expectations and intentions, results, levels of activity,
More informationTamarack Valley Energy Ltd. Announces Strategic Acquisitions, $72 Million Bought Deal Financing and Increased 2016 Guidance
TSX: TVE NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES Tamarack Valley Energy Ltd. Announces Strategic Acquisitions, $72 Million Bought Deal Financing and Increased 2016
More informationMEMP 2016 Guidance. Supplemental Materials. January 27, 2016 www.memorialpp.com
MEMP 2016 Guidance Supplemental Materials January 27, 2016 www.memorialpp.com Forward-Looking & Other Cautionary Statements This presentation and the oral statements made in connection therewith contain
More informationTo enable transport of wellstream over long distances. Compressor located by the wellheads.
487 subsea wells Subsea compression is increase of gas wellstream pressure by means of a compressor: To enhance reservoir recovery reducing the back-pressure on the reservoir To enable transport of wellstream
More informationOil and Natural Gas Outlook: Implications for Alaska The Alliance Meet Alaska. Remarks by Marianne Kah Chief Economist
Oil and Natural Gas Outlook: Implications for Alaska The Alliance Meet Alaska Remarks by Marianne Kah Chief Economist Cautionary Statement The following presentation includes forward-looking statements.
More informationFor the Three and Six months ended June 30, 2012
Q2 2012 For the Three and Six months ended June 30, 2012 Highlights Twin Butte Energy Ltd. ( Twin Butte or the Company ) (TSX: TBE) is pleased to announce its financial and operational results for the
More informationStrategic Review April 2013
Strategic Review April 2013 Disclaimer The information contained in this presentation, which may include certain forward-looking information, is not to be relied upon for any particular purpose, and is
More informationLudwigshafen, February 25, 2014
Ludwigshafen, February 25, 2014 Analyst Conference FY2013 Cautionary note regarding forward-looking statements This presentation may contain forward-looking statements that are subject to risks and uncertainties,
More information1Q16 Conference Call. April 28, 2016
1Q16 Conference Call April 28, 2016 Cautionary Statement The following presentation includes forward-looking statements. These statements relate to future events, such as anticipated revenues, earnings,
More informationOctober 2013. Guatemalan Oil Production and Exploration
October 2013 C O R P O R A T E P R E S E N T A T I O N Guatemalan Oil Production and Exploration Investment Highlights Citation holds direct 60% equity interest in Latin American Resources Ltd (Bahamas)
More informationThird Quarter 2015 Swift Energy Company November 5, 2015
Third Quarter 2015 Swift Energy Company November 5, 2015 Forward Looking Statements The material included herein which is not historical fact constitutes forward-looking statements within the meaning of
More informationEnhanced Oil Resources Inc. Provides 2012 Activity Update
Enhanced Oil Resources Inc. Provides 2012 Activity Update HOUSTON, Feb. 15, 2012 /CNW/ - Enhanced Oil Resources Inc. (TSX-V: EOR) is pleased to provide the following update regarding the Company's proposed
More informationMarch 2015 MEGATRENDS IN THE OIL AND GAS INDUSTRY
March 2015 MEGATRENDS IN THE OIL AND GAS INDUSTRY Cautionary Statement The following presentation includes forward-looking statements. These statements relate to future events, such as anticipated revenues,
More informationAnnounces Second Quarter 2004 Results
Announces Second Quarter 2004 Results NYSE SGY LAFAYETTE, LA. August 9, 2004 Stone Energy Corporation today announced a 25% increase in earnings with net income of $35.9 million, or $1.33 per share, on
More informationNordic American Tanker Shipping Ltd. (NAT) (NYSE: NAT) Announces 3 rd quarter 2005 Results
Nordic American Tanker Shipping Ltd. (NAT) (NYSE: NAT) Announces 3 rd quarter Results Hamilton, Bermuda, October 10 th, Nordic American Tanker Shipping Ltd (the Company ) today announced its result for
More informationMedium-Term Global Oil Outlook
Medium-Term Global Oil Outlook Fifth IEA OPEC Symposium on Energy Outlooks Session Two: Industry Views Remarks by Marianne Kah Chief Economist Cautionary Statement The following presentation includes forward-looking
More informationHighlights: By The Numbers
Q2 Second quarter 2014 interim report For the Three and Six Months Ended June 30, 2014 Highlights: By The Numbers Three Months Ended June 30, Six Months Ended June 30, 2014 2013 Change 2014 2013 Change
More informationLow Risk Glacier Montney Development, Strong Balance Sheet & Hedging Program Supports Profitable & Sustainable Growth
Low Risk Glacier Montney Development, Strong Balance Sheet & Hedging Program Supports Profitable & Sustainable Growth Investor Presentation TSX / NYSE: AAV October 2015 ADVANTAGE AT A GLANCE TSX, NYSE:
More informationCrude By Rail. James Cairns Vice President, Petroleum and Chemicals June 6 th, 2013 - COQA
Crude By Rail James Cairns Vice President, Petroleum and Chemicals June 6 th, 2013 - COQA FORWARD-LOOKING STATEMENTS The financial results in this presentation were determined on the basis of U.S. GAAP.
More informationCorporate Presentation. November 2015
Corporate Presentation November 2015 Future Oriented Information (See additional advisories at the end of this document) In the interest of providing information regarding Paramount Resources Ltd. ("Paramount"
More informationCENTURY ENERGY LTD. (the "Company") FORM 51-101F1 STATEMENT OF RESERVES DATA AND OTHER OIL AND GAS INFORMATION
CENTURY ENERGY LTD. (the "Company") FORM 51-101F1 STATEMENT OF RESERVES DATA AND OTHER OIL AND GAS INFORMATION 2 ABBREVIATIONS AND CONVERSIONS In this document, the abbreviations set forth below have the
More informationAssessment of Undiscovered Technically Recoverable Oil and Gas Resources of the Nation s Outer Continental Shelf, 2011(Includes 2014 Atlantic Update)
Assessment of Undiscovered Technically Recoverable Oil and Gas Resources of the Nation s Outer Continental Shelf, 211(Includes 214 Update) Using a play based assessment methodology, the Bureau of Ocean
More informationBUILT TO LAST NOVEMBER 2015
BUILT TO LAST NOVEMBER 2015 Built to Last Low Debt Low Decline Strong Capital Efficiencies 2 Cardinal Energy Profile Shares Outstanding (1) : TSX: CJ Basic 64,961,946 Fully Diluted 67,476,387 Annual Dividend
More informationInvestments in Private Energy Partnerships
Investments in Private Partnerships August 2010 Private energy partnership investments offer a meaningful addition to a diversified private equity or real asset portfolio. Over the past 20 years, private
More informationCairn India Corporate Overview September 2008 08S0245BG24
1 Cairn India Corporate Overview September 2008 2 Disclaimer These materials contain forward-looking statements regarding Cairn India, our corporate plans, future financial condition, future results of
More informationVAALCO ENERGY ANNOUNCES FIRST QUARTER 2015 RESULTS
VAALCO ENERGY ANNOUNCES FIRST QUARTER 2015 RESULTS HOUSTON MAY 7, 2015 VAALCO Energy, Inc. (NYSE: EGY) today reported results for the first quarter of 2015. First Quarter 2015 highlights: Successfully
More informationGulfport Energy Corporation (Exact Name of Registrant As Specified in Its Charter)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ý ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December
More informationOil Spill Emergency Response. Oil Spill Emergency
Oil Spill Emergency Response 1 Oil Spill Emergency Response We work to prevent incidents that may result in spills of hazardous substances. This means making sure our facilities are well designed, safely
More informationBedout Sub-basin Opportunity
Bedout Sub-basin Opportunity An opportunity to participate in the development of the Phoenix South oil discovery and exploration of an extensive new oil province Opportunity Highlights An opportunity to
More informationOil and Gas Terms. Anticline: An arch of stratified rock layers that may form a trap for hydrocarbons.
Oil and Gas Terms American Petroleum Institute (API): The API is the trade organization for the oil and gas industry, which establishes standards governing industry operations, safety and the manufacturing
More informationINDEPENDENT REPORTS CONFIRM SIGNIFICANT POTENTIAL FOR LINC ENERGY S SHALE OIL IN THE ARCKARINGA BASIN
ASX Announcement SAPEX DIVISION ASX Code: LNC OTCQX Code: LNCGY 23 January 2013 INDEPENDENT REPORTS CONFIRM SIGNIFICANT POTENTIAL FOR LINC ENERGY S SHALE OIL IN THE ARCKARINGA BASIN Independent prospective
More informationNorwest Energy NL. Northern Perth Basin Farm-In Opportunities. PESA Deal Day Brisbane - 2016. Shelley Robertson Asset Manager.
Norwest Energy NL Northern Perth Basin Farm-In Opportunities PESA Deal Day Brisbane - 2016 Shelley Robertson Asset Manager 1 June 2016 Disclaimer The information contained in this Presentation or subsequently
More informationInvestor Presentation June 2016
Investor Presentation June 2016 Touchstone Exploration Inc. is a publically traded Canadian oil and gas company with production and assets in Trinidad and Tobago and Canada. As an early adopter of proven
More informationStatus of existing and possible new production in Greece. S. Xenopoulos, N. Roussos, Hellenic Petroleum S.A., Athens, Greece
Status of existing and possible new production in Greece. S. Xenopoulos, N. Roussos, Hellenic Petroleum S.A., Athens, Greece Prinos and South Kavala fields in Northern Aegean Sea, currently operated by
More information