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  Economics : Type Curve

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TMS production compares favourably with other basins TMS Type Curve wells productivity outperforms many of the other USA liquid rich plays 2014 TMS Type Curve v 2017 Basin Average (Cum. Oil Production) The 2014 drilled TMS wells (15 wells) averaged 216,000 bbl oil in the first 24 250,000 months. The TMS Type Curve is a history match to the average of these 15 wells4 200,000 No wells were drilled in the TMS core between 2015 and late 2018 Average well performance improved by 150,000 Oil BBL 25% in the Eagle Ford and by 65% in the Permian during this period The 2014 TMS Type Curve compares 100,000 favourably to more than 7,500 producing wells in other basins drilled in 2017, which have all benefited from 50,000 improvements in technology, well design and high grading - 1 3 5 7 9 11 13 15 17 19 21 23 Production Month TMS Type Curve Permian Bakken Eagle Ford PRB DJ Basin Basin average oil production sourced from US Update Through January 2019 7
Australis Oil & Gas Limited
February 2020

Goodrich Petroleum Corp.
January 2017

TMS TypeCurve 600MBOE 31
Amelia Resources Llc
October 2014

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