Corporate Profile H1 2013 production: 21,685 Boe/d (85% gas) 95.4 MM shares outstanding Market capitalization 33.00/share: 3.1 billion 50% insider ownership 1.2 million net acres undeveloped land (December 31, 2012) Net Debt:…
Kaybob Cretaceous Gas Resource Significant liquids-rich gas resource exists CRETACEOUS GAS SANDS DGIIP PER SECTION within Deep Basin tight 70 Bcf/Section Average DGIIP(1) sand reservoirs 40160 Bcf per section DGIIP(1) 1.55.0 Bcf…
Falher Hz Wells Hz Falher well at Musreau Tested 16.4 MMcf/d(1) at 20.8 MPa IP: 12 MMcf/d Producing 2 MMcf/d Cost: 8.6 MM d/c/t 7 (1) Please refer to the heading Test Results in the Advisories section of this presentation…
Economics of Kaybob 4.9 Bcf Horizontal Falher Well 9 * Based on processing through a refrigeration facility Falher Drilling/Completion Improvements Average drill times have dropped from 50 days to less than 20 days…
Montney Gas Resource Liquids-rich Montney gas play Paramount holds 235 sections (128,000 net acres) (335 incl. Karr) of Montney rights 2011 drilling included 5 Hz Montney wells: tested 7.212 MMcf/d(1) +NGLs 2012 program included…
Paramount Musreau/Resthaven Montney Lands For Paramount well test results please refer to the heading Test Results in the Advisories section of this 13 presentation for further information. Test results from Competitor wells were…
Montney Wellbore Placement Placement of the wellbore matters: 1. Penetration rates 2. Accessing the best part of the reservoir 3. Toe up/toe down can effect the long term rates/EURs(1) of the wells 15 (1) EUR denotes…
Fox Rig No 3 17 Kaybob Plant Capacity Gross Net POU Est. Net Raw Raw POU Sales Capacity Capacity Capacity(1) Current Capacity MMcf/d MMcf/d Boe/d Musreau Refridge 45 45 8,500 Plant Resthaven Plant 20 10 2,000 Smoky…
Sales Turbines 19 20 10
21 Process Flow Chart: Musreau Deep Cut Facility 22 Note: Illustrative example Based on indicative prices and differentials which are subject to change 11
Illustrative Deep-Cut Mix of Cretaceous and Montney Montney Wells Only Example Wells Example 200 MMcf/d x 15% Shrinkage=170 200 MMcf/d x 23% Shrinkage=154 Price MMcf/d (28,333 Boe/d) Sales Gas MMcf/d (25,667 Boe/d) Sales Gas 100…
Karr-Gold Creek Located 50 km SW of Grande Prairie Multi-zone potential, including Halfway, Montney sour and Gething, Bluesky, Falher sweet commingled gas Current lands 93,500 net acres (146 sections) Average 78% working…
Birch Completed three Hz Montney wells with promising results; significant liquids ratio on test Production processed through pilot facility limited to 3 MMcf/d Evaluating type curve/NGL ratios to determine economic…
Paramount Investments 19.1 MM shares of Trilogy 27.50/share 526 MM 54.1 MM MGM Energy Corp. shares 10 MM 0.19/share Paramount Drilling U.S./Fox Drilling Inc. 85 MM 3.7 MM shares of MEG Energy 34.00/share 126 MM Other…
Cavalier Energy Inc. Created in December 2011 Experienced team led by CEO Dr. Will Roach (ex UTS) Paramount has contributed its oilsands assets and seed capital to Cavalier Energy Funding at the Cavalier level will be via a…
Hoole Grand Rapids - 1st Project Grand Rapids Reservoir = 30 %, k = 1 to 4 D d = 250m, h 20m, p = 1,500 kPa Viscosity = 200,000 to 2,000,000 cp McDaniel Best Estimate: DEBIP=1.6 Billion Bbl(1) 75 wells drilled to date; 39 cored…
Liard Basin Cross Section Besa River Shale Gas 35 35 Quarterly Operating Results Natural gas and Operating expenses NGLs sales decreased due to volumes increasing; the sale of higher third party cost Northern and…