Corporate Profile Jan 2013 production: 22,000 Boe/d ( 85% gas) 90.1 MM shares outstanding Market capitalization 34.00/share: 3.1 billion 50% insider ownership 1.2 million net acres undeveloped land (December 31, 2012) Net Debt: 701…
Kaybob Cretaceous Gas Resource CRETACEOUS GAS SANDS DGIIP PER SECTION Significant liquids-rich gas 70 Bcf/Section Average DGIIP(1) resource exists within Deep Basin tight sand reservoirs 40160 Bcf per section DGIIP(1) 1.55.0…
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 Cum Production: 3.9 Bcf 1) Please refer to the heading Test Results within the Advisories…
Economics Economics of of Kaybob Kaybob 4.9 4.9 Bcf Bcf Horizontal Horizontal Falher Falher Well Well * Based on processing through a refrigeration facility 9 Falher Drilling Time Improvements 10 5
Falher Completion Cost Improvements * Data points not included in trend 11 Montney Gas Resource Liquids-rich Montney gas play Paramount holds 229 sections (335 incl. Karr) (125,000 net acres) of Montney rights 2011 drilling…
Montney Cross - Section 13 Paramount Musreau/Resthaven Montney Lands 1) For Paramount well test results please refer to the heading Test Results within the Advisories section of this presentation for further information…
3.7 Bcf Montney Type Curve * Based on processing through a refrigeration facility 15 Montney Wellbore Placement Placement of the wellbore matters: 1. Penetration rates 2. Accessing the best part of the reservoir 3. Toe…
Montney Drilling Time Improvements Pad drilling/Pad layout Bits/Muds/Motors Well design: monobores/ orientation/ reservoir placement Toe up/Toe down: effects on production Natural gas fueled rigs 17 Montney…
Kaybob Plant Capacity Gross Net POU Est. Net Raw Raw Sales Capacity Capacity Capacity Current Capacity MMcf/d MMcf/d Boe/d Musreau 45 45 8,600 Resthaven Plant 20 10 2,000 Smoky Plant 100 10 2,500 Kakwa Plant 40 4 720 Pembina…
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…
Karr-Gold Creek Located 50 km SW of Grande Prairie Multi-zone potential, including Halfway, Montney sour and Nikanassin, Gething, Bluesky, Falher sweet commingled gas Current lands 95,000 net acres (148 sections) Average 83%…
Birch Completed Hz Montney well with promising results; significant liquids ratio on test Production processed through pilot facility limited to 3 MMcf/d Drilled, completed and tied in two additional horizontal Montney wells…
Paramount Investments 19.1 MM shares of Trilogy 30.00/share 574 MM 54.1 MM MGM Energy Corp. shares 18 MM 0.34/share Paramount Drilling U.S./Fox Drilling Inc. 85 MM 3.7 MM shares of MEG Energy 33.00/share 122 MM Other (Paxton,…
Created in December 2011 Experienced team led by CEO Dr. Will Roach (ex UTS) Paramount has contributed all of its oilsands assets and seed capital to Cavalier Energy Funding at the Cavalier level will be via a combination of…
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 93…
Liard Basin Cross Section Besa River Shale Gas 33 Quarterly Operating Results Production Operating Costs Boe/d /Boe Natural gas and Operating expenses NGLs sales volumes decreased 14 % to increased 21% 9.58 per Boe in…