Skip to main content FEBRUARY 2014 CORPORATE PRESENTATION – Ivanhoe Energy, Inc. | Shale Experts
Loading...
Pm

FEBRUARY 2014 CORPORATE PRESENTATION – Ivanhoe Energy, Inc.

Ivanhoe Energy, Inc. · Feb 11, 2014 · 23 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. FEBRUARY 2014 CORPORATE PRESENTATION – Ivanhoe Energy, Inc. – slide 1
    A New Look at Heavy Oil By: Carlos A. Cabrera Date: February 11, 2014 2013 Ivanhoe Energy All rights reserved
  2. FEBRUARY 2014 CORPORATE PRESENTATION – Ivanhoe Energy, Inc. – slide 2
    Ivanhoe Energy Presentation 3
  3. FEBRUARY 2014 CORPORATE PRESENTATION – Ivanhoe Energy, Inc. – slide 3
    Proprietary Heavy Oil Upgrading Process Heavy-to-Light (HTL) IvanhoePresentation Ivanhoe Energy Energy Presentation 4
  4. FEBRUARY 2014 CORPORATE PRESENTATION – Ivanhoe Energy, Inc. – slide 4
    Crude Oil Demand & Supply Historic and Projected Global Crude Oil Demand Total Global Forecasted Growth Crude Demand 89 MMbbls/d 90,000 Brazil Offshore Deepwater Tight Oil Outside of North America 80,000 Tight Oil from North…
  5. FEBRUARY 2014 CORPORATE PRESENTATION – Ivanhoe Energy, Inc. – slide 5
    Heavy Crude Oil Demand & Supply Historic and Projected Global Crude Oil Demand 16,000 14,000 7 million bpd of new heavy oil 12,000 development needed to satisfy future thousand barrels per day 10,000 demand Heavy Oil…
  6. FEBRUARY 2014 CORPORATE PRESENTATION – Ivanhoe Energy, Inc. – slide 6
    Sources of Heavy Crude Oil Constrained by production technology or cost limits: 1.0 trillion bbls In politically or geographically unfavorable locations: 0.4 trillion bbls Higher quality heavy oil which is more easily…
  7. FEBRUARY 2014 CORPORATE PRESENTATION – Ivanhoe Energy, Inc. – slide 7
    Projected Heavy Crude Production Rates (thousands of barrels per day) 4,500 4,000 thousands of barrels per day 3,500 3,000 2,500 2014 2030 2,000 1,500 1,000 500 0 Data Compiled from multiple sources: IEA, BP…
  8. FEBRUARY 2014 CORPORATE PRESENTATION – Ivanhoe Energy, Inc. – slide 8
    HTL: a Partial Upgrading Process Ready for Commercial Deployment Low Complexity Economical Construction Low Capital Modular & Smaller footprint Operating Cost Coke + Gas Byproducts High Yield of Stable, Lighter,…
  9. FEBRUARY 2014 CORPORATE PRESENTATION – Ivanhoe Energy, Inc. – slide 9
    HTL Heavy Crude Opportunities: Target Resources by Region Denotes total resource potential for HTL application Countries whose economic returns on planned growth can be enhanced using HTL Countries whose stranded resources can be…
  10. FEBRUARY 2014 CORPORATE PRESENTATION – Ivanhoe Energy, Inc. – slide 10
    HTL Heavy Crude Opportunities: Focus on Canada Canada, key issues: Market access Volatility of realized sales price High cost of using diluent to transport bitumen High capital cost (1.5x USGC) Ivanhoe Energy Presentation…
  11. FEBRUARY 2014 CORPORATE PRESENTATION – Ivanhoe Energy, Inc. – slide 11
    HTL Enables Heavy Production Growth in Canada: Removing Production & Transportation Constraints Athabasca Bitumen was successfully upgraded from high viscosity 9 oAPI crude oil to a low viscosity 18 oAPI synthetic crude oil using…
  12. FEBRUARY 2014 CORPORATE PRESENTATION – Ivanhoe Energy, Inc. – slide 12
    Economic Challenges Facing the Traditional Heavy Oil Supply Chain Heavy Oil Production Costs Blending and Transportation Market Value of 20 API Blend Large energy requirement to Diluent value losses Blend sells at a significant…
  13. FEBRUARY 2014 CORPORATE PRESENTATION – Ivanhoe Energy, Inc. – slide 13
    A Paradigm Shift for Upgrading Heavy Oil Upgrading Today Upgrading Tomorrow Ivanhoe Energy Presentation 14
  14. FEBRUARY 2014 CORPORATE PRESENTATION – Ivanhoe Energy, Inc. – slide 14
    Partial Upgrading vs Full Upgrading Lower Cost HTL costs are significantly less than those of traditional upgrading 180,000 160,000 140,000 Western Canada / bbl capacity, 120,000 cost basis 100,000 Delayed Coking…
  15. FEBRUARY 2014 CORPORATE PRESENTATION – Ivanhoe Energy, Inc. – slide 15
    Comparing HTL SCO quality against other crudes Increasing Market Value 72/bbl (WCS) 86/bbl 95/bbl 94-98/bbl 100/bbl 102/bbl Crude Oil Fractions, volume % 100 Naphtha 90 Kerosene 80 70 Distillate 60 50 40 VGO 30 20 10…
  16. FEBRUARY 2014 CORPORATE PRESENTATION – Ivanhoe Energy, Inc. – slide 16
    HTL Materially Increases Netbacks 65% Increase (Canadian Context) 32/bbl 40/bbl Traditional Netback Op Costs Production & Transportation Costs: Dilute and Diluent Value Loss, Transportation, Ship Model Production Opex, Energy…
  17. FEBRUARY 2014 CORPORATE PRESENTATION – Ivanhoe Energy, Inc. – slide 17
    Commercializing HTL: Business Models Field Integrated Model eg. Tamarack Midstream Model Projects in development Ivanhoe Energy Presentation 18
  18. FEBRUARY 2014 CORPORATE PRESENTATION – Ivanhoe Energy, Inc. – slide 18
    The Oil Sands IvanhoePresentation Ivanhoe Energy Energy Presentation 19 19
  19. FEBRUARY 2014 CORPORATE PRESENTATION – Ivanhoe Energy, Inc. – slide 19
    Tamarack Project 100% working interest 7,520 acre lease Recoverable Potential - 520 MMBO valued at 1.8 billion 2P Reserves 175.7 mmbbls* PV10% (before tax) 885 million* Top tier reservoir quality using SAGD At the end of…
  20. FEBRUARY 2014 CORPORATE PRESENTATION – Ivanhoe Energy, Inc. – slide 20
    Tamarack: Reserves & Resources Summary (GLJ December 31, 2012) Reserve Summary 600 PV 10 before Tax (US MM) 520.7 500 440.6 Recoverable (MMbbl) 400 345.0 300 Probable 897 885 175.7 Contingent (P50) 200 Possible…
  21. FEBRUARY 2014 CORPORATE PRESENTATION – Ivanhoe Energy, Inc. – slide 21
    The Future is Bright for Ivanhoe Energy Filling the supply gap of crude oil demands fresh, innovative approaches to improve efficiencies in production, transportation and conversion. Ivanhoe Energy Presentation 22 Ivanhoe Energy…
  22. FEBRUARY 2014 CORPORATE PRESENTATION – Ivanhoe Energy, Inc. – slide 22
    Appendix IvanhoePresentation Ivanhoe Energy Energy Presentation 23 23
  23. FEBRUARY 2014 CORPORATE PRESENTATION – Ivanhoe Energy, Inc. – slide 23
    Financial Summary at February 10, 2014 Stock Exchange Listings: TSX (IE) & NASDAQ (IVAN) Shares Outstanding: 115 million Fully Diluted 131 million Market Capitalization Cdn77.1 million Enterprise Value Cdn113.6 million Net…

From the store

Browse maps, data & reports in the Shale Experts store