Corporate Information Production 2,400 boepd Cash and working capital as of Dec 31/14 25 million Dawson and Area Montney land - Gross (Net) sections 196 (171) Estimated average OGIP per section 40 bcf Development locations ( booked)…
Upper & Lower Montney Trends NW Alberta - NEBC Eagle NE Edge of Upper Area predisposed to high-rate Montney Fairway Montney wells with large OGIP and OOIP Upper Montney has liquids- rich gas development plus Lower Montney light…
Upper and Lower Montney 3 Distinct Areas: Develop/Delineate/Explore Doe Sunrise Development Mode D/C/tie-in: 56-84 Lower Montney wells 14 sec 4-6 wells per sec. D/C//tie-in: 56-79 Upper Montney wells 14 sec 4-6 wells per sec.…
Lower Montney Trend NW Alberta NEBC Pervasive deposit spans townships of land Eagle AB. BC Developed more extensively in Boundary Alberta side Lake Recent drilling in BC proves high FSJ productivity of liquids-rich gas…
Lower Montney Results vs. Expectation Montney Hz Well Note: Flowing against 7,500 kPa Performance Indicator Type Well wellhead pressure Added Compression. Flowing Pressure 4,300 kPa Drill & Case (K) 2,600 Complete (K) 2,500…
Upper Montney Trend NW Alberta - NEBC Upper Montney is liquids-rich gas in Doe and Sunrise NE Edge of Upper (development area) Montney Fairway Upper Montney is potentially oil in Two Rivers (exploratory Two Rivers BC…
Upper Montney Results vs. Expectation Montney Hz Well Performance Indicator Type Well Drill & Case (K) 2,600 Complete (K) 2,500 Tie-in (K) 400 Total (K) 5,500 Liquids Gas Total Year 1 Avg. Q (boe/d) 87 524 611 5 bcf…
Infrastructure 25 mmcf/d LXE sweet plant and facilities Spectra/West Coast Gathering System to Gathering Line Leucrotta be expanded as required Gathering Lines Third party facilities used as needed Alliance Pipeline Spectra…
Why Leucrotta Montney has top decile economics Large tracts of land can be de-risked quickly due to expansive nature of the Montney High production rates (IP30 1,000 boepd) will allow Leucrotta to grow rapidly Over 500 possible…
Management & Directors Directors Management Robert J. Zakresky, CA Robert J. Zakresky, CA - President and CEO John A. Brussa, B.A., LL.B. Terry L. Trudeau, P. Eng. - VP Operations and COO Donald Cowie Nolan Chicoine, MPAcc, CA - VP…