Skip to main contentCOMBINATION OF CARACAL ENERGY INC AND TRANS GLOBE ENERGY CORPORATION – Transglobe Energy Corporation Investor Presentation | Shale Experts
COMBINATION OF CARACAL ENERGY INC. AND TRANSGLOBE ENERGY CORPORATION CREATING ONE OF THE LARGEST INDEPENDENT AFRICA FOCUSED OIL PRODUCERS MARCH 15, 2014 .COM
TRANSACTION HIGHLIGHTS Creating One of the Largest Independent Africa Focused Oil Producers Platform for Continued Reserves and Production Growth Catalyst Rich Exploration and Development Program Improved Profile Relative…
CREATING ONE OF THE LARGEST INDEPENDENT AFRICA FOCUSED OIL PRODUCERS Concentrated and majority operated, onshore oil production growth in Africa High impact portfolio of exploration, development, and 3 B C 1 producing assets A2…
PROVEN TRACK RECORD OF RESERVE AND PRODUCTION GROWTH Caracal Reserves Growth (MMbbl)(1) Caracal Production Growth (Mbbl/d)(2) Drivers of Near Term Reserves & Production Growth 100.0 89.8 25.0 Current production from Badila 80.0…
CATALYST RICH EXPLORATION AND DEVELOPMENT PROGRAM Chad Egypt: Eastern Desert Beche 2014 drill locations Beche B East Arta Existing Oil fields Beche C Kibea Field Extensions Sourma Ouham I Future upside expl. / dev. Baouda E W…
STRONG PRO FORMA POSITIONING C o m b i n e d c o m p a ny to b e c o m e o n e o f t h e l a rge st i n d e p e n d e nt A f r i c a fo c u s e d o i l p ro d u c e rs Pro Forma Highlights Select Africa Focused Listed Peers 2014E…
IMPROVED MARKET PROFILE I m p ro ve d p ro f i l e re l at i ve to A f r i c a fo c u s e d E & P Pe e rs 2014E Production Guidance vs. P/Core NAV 2014E EBITDA vs. P/Core NAV 80 60 1,500 1,000 Production 2014E Management Guidance…
EXPERIENCED BOARD AND PROVEN MANAGEMENT BOARD OF DIRECTORS EXECUTIVE TEAM LED BY GARY GUIDRY Robert Hodgins Joined Board in July 2011 Qualified Chartered Accountant Gary Guidry Chairman Previously CFO of Pengrowth Energy Trust, VP /…
OVERVIEW OF TRANSACTION MECHANICS TransGlobe shareholders will receive 1.23 new common shares of Caracal for each TransGlobe common share 65.6% : 34.4%(1) ownership for current Caracal / TransGlobe shareholders in the combined…
EXPECTED TRANSACTION TIME TABLE Transaction Announcement 15 March 2014 Distribution of Caracal and TransGlobe Shareholder Circulars Late May 2014 Notice of TransGlobe Intention to Appear at Application for Final Order of Court…
ONE OF THE LARGEST INDEPENDENT AFRICA FOCUSED OIL PRODUCERS M ate r i a l O n s h o re O i l P ro d u c t i o n Combined current oil production of 25.1 Mbbl/d (1) and 2P reserve base of 135 MMbbl (1)(2) N e a r Te r m P ro d u c t…
APPENDIX A: CARACAL ENERGY ASSET OVERVIEW M a rch 2 0 1 4
PRODUCTION: B A D I L A F I E L D O V E RV I E W First production achieved in September 2013; core value anchored by reserves and production Reserves increase in 2012 after reentry and testing of Badila Wells Location previously…
NEAR TERM DEVELOPMENT: M A N G A R A F I E L D O V E RV I E W Advancing towards first oil during 2014 Mangara Mangara Wells Location Wells Location In line with the McDaniel reserves evaluations with effective date December 31, 2013,…
E X P LO R AT I O N F O C U S E D G R O W T H S T R AT E G Y Testing 1 billion barrels of mean unrisked prospective resources with 810 prospects in 2014 Breakdown of Prospective Resources for the Top 42 Prospects by Area 16
D O I / D O B B LO C K S Infrastructure in place, high reward prospects nearby DOI/DOB Overview 2,865 Km2 (708,000 acres) Prospect Mean Mbbl Effective Risk (%) Development anchored by Badila and Mangara fields EXPLORATION PROSPECTS 3D…
D O H B LO C K Offsetting existing production at Kome DOH Overview 824 Km2 (203,600 acres) Prospect Mean Mbbl Effective Risk (%) Tectonically similar history to Kome field in the Doba basin Damalla East 89,579 25.6 on the NW side of…
BOROGOP Highly structured area with limited data Borogop Overview Mean Effective Risk 8,992 Km2 (2,222,000 acres) Prospect Mbbl (%) Acquiring 2D seismic to delineate offsetting leads in highly Bepara 74,174 23.6 structured area…
D O S EO W E S T C H A R I Multiple followup prospects Doseo WestChari Overview Mean Effective 5,343 Km2 (1,320,300 acres) Prospect Mbbl Risk (%) Northern prospects on trend with Maku and Tega Discoveries Bangono 51,614 17.9 High…
D O S EO E A S T C H A R I Existing discoveries prove charge in the trend Doseo EastChari Overview 3,707 Km2 (916,000 acres) Mean Effective Prospect Mbbl Risk (%) Maku and Tega Discoveries on northern rift margin prove source, Tega…
D O S EO E A S T D O S EO Exploration to open up the basin Doseo EastDoseo Overview 3,049 Km2 (753,400 acres) Mean Effective Prospect Mbbl Risk (%) Sako North oil discovery to the north of Tangaray prospect Tangaray A(1) 128 33…
D O S EO S A L A M AT Far East anchor to open up the basin Doseo Salamat Overview 1323 Sqkm 1,323 Km2 (327,000 acres) Effective Prospect Mean Mbbl Risk (%) Commercial threshold at Kibea Discovery anchors development Kibea 40,071(1)…
APPENDIX B: TRANSGLOBE ENERGY ASSET OVERVIEW M a rch 2 0 1 4
Western Desert PRODUCTION: WEST GHARIB (100%) Egypt Eastern Desert Eastern Desert Description Eight development leases, increased production by over 400% since acquisition in 2007 (development drilling, improved water…
Western Desert PRODUCTION: WEST BAKR (100%) Egypt Eastern Desert Eastern Desert Description Three fields: H, K and M Year Acquired 2011 Expiration 2020 Development Extension + 5 years (at option of contractor) Gross Acreage…
Western Desert DEVELOPMENT: EAST GHAZALAT (50%) Egypt Eastern Desert Western Desert Description Safwa development lease approved in July 2011 Year Acquired July 2010 North Dabaa Safwa Development Field Expiration Safwa…
Western Desert EXPLORATION: EASTERN DESERT Egypt Eastern Desert NW Gharib SW Gharib SE Gharib Eastern Desert (100%) (100%) (100%) Description Exploration acreage nearby West Gharib and West Bakr Year Acquired November 2013…
Western Desert EXPLORATION: WESTERN DESERT Egypt Eastern Desert South Alamein (100%) South Ghazalat (100%) Boraq 3D seismic program Description Exploration acreage being progressed to Description Exploration block,…
YEMEN (Nonoperated) Producing B S 1 (25%) B 32 (13.8%) Year acquired 1998 1997 Expiration 2023 2020 Extension (Develop.) + 5 years + 5 years Gross Acreage (acres) 284,700 146,070 First Production March 2004 November 2000 Production…
Contact information C ARACAL +1 (403) 7247200 S UITE 2100, 555 4 TH A VE SW C ALGARY , AB. T2P 3E7 C ANADA WWW . CARACALENERGY . COM T RANSGLOBE +1 (403) 4444787 SUITE 2300, 250 5 TH S T SW C ALGARY , AB. T2P 0R4 C ANADA WWW . TRANS…
Loading...
