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FIRSTENERGY SOCIETE GENERALE ENERGY GROWTH CONFERENCE – Yoho Resources Inc.

Yoho Resources Inc. · Nov 20, 2013 · 28 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. FIRSTENERGY SOCIETE GENERALE ENERGY GROWTH CONFERENCE – Yoho Resources Inc. – slide 1
    v0033 Now Entering Development 2013 November 20 FIRSTENERGY/SOCIETE GENERALE ENERGY GROWTH CONFERENCE www.yohoresources.ca TSX-V:YO
  2. FIRSTENERGY SOCIETE GENERALE ENERGY GROWTH CONFERENCE – Yoho Resources Inc. – slide 2
    Disclaimer (cont.) Special Note Regarding Disclosure of Reserves or Resources (cont.) contingent resources the estimated discovered recoverable quantities associated with a project in the early evaluation stage. Contingent resources are…
  3. FIRSTENERGY SOCIETE GENERALE ENERGY GROWTH CONFERENCE – Yoho Resources Inc. – slide 3
    Yoho Quick Facts Symbol YO TSX.V Basic Shares (Insiders 16.9%) 50.4 MM Diluted Shares (WA Exercise Price of options 2.90) 54.9 MM Market Cap 150 MM Bank Facilities: Lender National Bank Limit (updated May 2013) 56 MM Total Debt…
  4. FIRSTENERGY SOCIETE GENERALE ENERGY GROWTH CONFERENCE – Yoho Resources Inc. – slide 4
    Field Netbacks by Quarter ( per boe) Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Q3 2013 Sale Price ( per boe) 28.92 26.09 26.42 31.79 36.06 36.35 Royalties (3.26) (2.64) (2.45) (2.56) (3.20) (3.43) Operating Costs (11.97) (10.16)…
  5. FIRSTENERGY SOCIETE GENERALE ENERGY GROWTH CONFERENCE – Yoho Resources Inc. – slide 5
    Yoho Reserves as evaluated by GLJ COMPANY RESERVES as at September 30, 2013 Oil & NGL Natural Gas Combined NPV 10% BIT (Mbbl) (MMcf) (Mboe) thousands Total Proved 3,569 49,687 11,849 90,533 Total Proved plus Probable 14,274 230,801…
  6. FIRSTENERGY SOCIETE GENERALE ENERGY GROWTH CONFERENCE – Yoho Resources Inc. – slide 6
    Net Asset Value Estimate September 30, 2013 Forecast Prices and Costs before tax ( thousands) Proved plus probable reserves discounted at 10% 353,471 Undeveloped land (internal estimate) 87,400 Bank debt and working capital…
  7. FIRSTENERGY SOCIETE GENERALE ENERGY GROWTH CONFERENCE – Yoho Resources Inc. – slide 7
    Yoho Contingent Resources as evaluated by GLJ COMPANY DUVERNAY as at March 31, 2013 * KAYBOB, AB Oil & NGL Natural Gas Combined NPV 10% BIT CONTINGENT RESOURCES (Mbbl) (MMcf) (Mboe) thousands Low Estimate 18,163 156,451 44,238…
  8. FIRSTENERGY SOCIETE GENERALE ENERGY GROWTH CONFERENCE – Yoho Resources Inc. – slide 8
    FD&A Costs Year Ended September 30 20.00 20.00 16.52 16.30 15.64 14.00 15.00 15.00 12.50 / Boe P+P 11.43 9.54 10.00 10.00 5.00 5.00 0.00 0.00 2008 2009 2010 2011 2012 2013 3 Year Rolling All in…
  9. FIRSTENERGY SOCIETE GENERALE ENERGY GROWTH CONFERENCE – Yoho Resources Inc. – slide 9
    Kaybob Duvernay Shale Gas 10
  10. FIRSTENERGY SOCIETE GENERALE ENERGY GROWTH CONFERENCE – Yoho Resources Inc. – slide 10
    Regional Duvernay Kaybob 3 billion spent on land since 2009 Nearly 140 new Duvernay wells drilled or licensed Extensive Liquids-rich Window 320km * 30km Confirmed by early results Edmonton 25 km 11
  11. FIRSTENERGY SOCIETE GENERALE ENERGY GROWTH CONFERENCE – Yoho Resources Inc. – slide 11
    Kaybob A True Sweet Spot Yoho A Little Smokey Kaybob Lands Brazeau A 55m A Smokey The Duvernay shale in the Kaybob area Kaybob is very thick and has the best porosity Brazeau A 12
  12. FIRSTENERGY SOCIETE GENERALE ENERGY GROWTH CONFERENCE – Yoho Resources Inc. – slide 12
    Duvernay Shale Gas Land Holdings Yoho Land 2011/2012 Duvernay Drills Yoho Resources Kaybob Duvernay Gross Isopach 40, 50m 6 miles 13
  13. FIRSTENERGY SOCIETE GENERALE ENERGY GROWTH CONFERENCE – Yoho Resources Inc. – slide 13
    Duvernay Shale Gas YOHO CURRENT LANDS Gross Sections Yoho 57 Operated Net Sections 21.75 Tony Creek Block Yoho Land Duvernay Gas Wells Duvernay Shale 50 Thickness Fiscal 2014 Budget Locations Yoho 6 miles…
  14. FIRSTENERGY SOCIETE GENERALE ENERGY GROWTH CONFERENCE – Yoho Resources Inc. – slide 14
    Kaybob Horizontal Well Summary Total Liquids Current Rate Horizontal Gas Test Cum Sales Completion Well WI% Current AVG Oct/13 (raw) Length Rate (MMcf/d) Sep/13 (mBoe) Method (bbls/MMcf) (boe/d) 1 15-33 33.3 1,734m 2.1 100 108 (29…
  15. FIRSTENERGY SOCIETE GENERALE ENERGY GROWTH CONFERENCE – Yoho Resources Inc. – slide 15
    Duvernay Play Economics Evaluation of 5 Key Wells to Date Actual Production Curve Match Capex: 11.2 MM (confirmed with last Yoho Tony Creek Pad drills) Pricing: GLJ April 1, 2013 price deck Liquids: 110 to 160 bbls per MMcf NPV:…
  16. FIRSTENERGY SOCIETE GENERALE ENERGY GROWTH CONFERENCE – Yoho Resources Inc. – slide 16
    Duvernay Play Summary (Yoho internal estimates) The Prize 100 to 120 Bcf per section (gas in place) Liquids rich gas - 100 to 160 bbl per MMcf Average per well recoveries of approx. 1 MMboe Methodology 1,500m to 1,800m horizontal…
  17. FIRSTENERGY SOCIETE GENERALE ENERGY GROWTH CONFERENCE – Yoho Resources Inc. – slide 17
    Nig Montney Overpressured Tight Gas 18
  18. FIRSTENERGY SOCIETE GENERALE ENERGY GROWTH CONFERENCE – Yoho Resources Inc. – slide 18
    BC Upper Montney Tight Gas Play Yoho Land (Montney Rights) Montney Production Upper Montney 40m Isopach 6 miles 19
  19. FIRSTENERGY SOCIETE GENERALE ENERGY GROWTH CONFERENCE – Yoho Resources Inc. – slide 19
    Nig Upper Montney Tight Gas Play B-65-A Hz Upper Spectra Pipeline Yoho Land (20,445 net acres) Upper Montney Isopach D-20-D C-29-A Hz Hz Re-entry Montney Production Upper 2013/2014 Yoho Drills Montney Licensed Wells…
  20. FIRSTENERGY SOCIETE GENERALE ENERGY GROWTH CONFERENCE – Yoho Resources Inc. – slide 20
    Nig Montney Well Summary Total Liquids Current Rate Horizontal of Total Gas Test Cum Sales Well Current AVG Sep/13 (raw) Length Stages Frac Size Rate (MMcf/d) Sep/13 (mBoe) Formation (bbls/MMcf) (boe/d) 239 Upper 1 a-41-A 1,050m…
  21. FIRSTENERGY SOCIETE GENERALE ENERGY GROWTH CONFERENCE – Yoho Resources Inc. – slide 21
    Montney Play Economics Evaluation of a-41-A Upper Montney well Actual Production Curve Match Capex: 5.0 MM Pricing: GLJ April 1, 2013 price deck Liquids: 28 bbls per MMcf NPV: 7.83 MM Payout: 1.2 years IRR: 64.6% This well was…
  22. FIRSTENERGY SOCIETE GENERALE ENERGY GROWTH CONFERENCE – Yoho Resources Inc. – slide 22
    Nig Upper Montney Play Summary (Yoho internal estimates) The Prize 40 to 50 Bcf per section (gas in place) (Upper Montney) Liquids rich gas 30 to 40 bbls per MMcf Average per well recoverable reserve estimate = 4.5 Bcf, 130 Mstb…
  23. FIRSTENERGY SOCIETE GENERALE ENERGY GROWTH CONFERENCE – Yoho Resources Inc. – slide 23
    Inga, BC Three Zones Doig, Upper & Lower Montney Overpressured Tight Gas and Oil 24
  24. FIRSTENERGY SOCIETE GENERALE ENERGY GROWTH CONFERENCE – Yoho Resources Inc. – slide 24
    Inga Doig Light Oil and Emerging Montney Play Arc Doig Hz Artek Doig & Mont Hz INGA DOIG POOL 4-29-87-23W6 Doig oil well Artek Doig & Mont Hzs Yoho 1-19-87-23W6 Yoho Land (5,760 net acres) Doig Production Upper…
  25. FIRSTENERGY SOCIETE GENERALE ENERGY GROWTH CONFERENCE – Yoho Resources Inc. – slide 25
    Fiscal 2014 Budget Capital 31.0 32.0 MM Funded by cash flow and existing bank credit facility Production 2,750 2,800 boe/d (approx. 20% increase from fiscal 2013) average 70% natural gas Pricing Natural Gas: 3.40 per GJ AECO Oil:…
  26. FIRSTENERGY SOCIETE GENERALE ENERGY GROWTH CONFERENCE – Yoho Resources Inc. – slide 26
    Corporate Information YOHO RESOURCES INC. Suite 500 521 - Third Avenue S.W. Calgary, Alberta T2P 3T3 Phone: 403-537-1771 Email: infoyohoresources.ca Fax: 403-537-1775 Website: www.yohoresources.ca Auditors Legal Counsel KPMG…
  27. FIRSTENERGY SOCIETE GENERALE ENERGY GROWTH CONFERENCE – Yoho Resources Inc. – slide 27
    Management Team Brian McLachlan, 34 Taurus; Paragon; Voyager; Bonanza; Poco President & CEO years Geologist Barry Stobo, 34 Vintage; Genesis; Merit; Belfast; Summit; V.P. Engineering & COO years Poco Engineer Wendy Woolsey, 22…
  28. FIRSTENERGY SOCIETE GENERALE ENERGY GROWTH CONFERENCE – Yoho Resources Inc. – slide 28
    Board of Directors Terry Svarich, - 32 years of oil & gas experience Chairman - Currently President of DevSun Ltd. - 1994 2000 President and Director of Quintana Minerals Peter Kurceba - 32 years of oil & gas experience - Currently…

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