Profile Trading Symbol SOG.V Common Shares 260 MM Options 13 MM Directors & Officers Ownership (fully diluted) 34.70% Market Capitalization (MM) (Feb 10, 2014) 146 MM 2P Reserves1 11.8 MM BOE Net Undeveloped Land 693 net sections…
Timeline 2014 Develop Muskeg Stack 2013 Build Infrastructure 4,500 2012 3,200 BOED Discover Resource in Muskeg Stack 2,100 1Q Acquired key sales oil pipeline and other Capital Program of 80 MM 2011 1Q assets from Paramount…
Asset base Focus at Marlowe 350,000 net acres, 550 net sections 100% working interest/operated Stacked light oil with 1 billion bbls OOIP (1) Oil & Gas Processing Four Major Facilities Owned & Operated Over 300 km of pipeline…
Stacked Oil Production Upper Slave Point Lower Slave Point Sulphur Point Muskeg Stack Zama Keg River Platform Depth (m) Zone Resource OOIP(1)/Section (MMBBL) 750 Slave Point 100+ sections 12 800 Sulphur Point 100+…
Keg River 12 MMbbl OOIP(1) 2013 3D Seismic Area 0.5 MMbbl produced 16 MMbbl OOIP(1) 1 MMbbl produced 10 MMbbl OOIP(1) 2.5 MMbbl produced 34o API oil in Reefal Mounds and Keg River Platform along rim structure…
Keg River Type Curve and Economics DCET MM 1.65 IP30 (BOED) 200 % Oil 95% Year 1 Decline 33% Reserves (MBOE) 265 F&D /boe 6.25 PV 10 (MM)1 5.6 ROR (%)1 200% Payout (Years) 0.6 1)McDaniel April 1 Prices, Effective July 1,…
Keg River Well Update +100 BOPD +50 BOPD +75 BOPD +75 BOPD workover 10
Muskeg Stack Type Curve and Economics 600 6 DCET MM 4.0 500 5 IP30 (BOEPD) 300 Production Rate ( BOED) % Oil 80% 400 4 Year 1 Decline 65% Wells Reserves (MBOE) 400 300 3 F&D /boe 10.00 200 2 PV 10 (MM)1 3.5 ROR (%)1…
Why Invest In Strategic 14
Corporate Information MANAGEMENT TEAM RESERVE ENGINEERS McDaniel & Associates Consultants Ltd. Gurpreet Sawhney, MSc, MBA, PEng President & CEO AUDITORS Deloitte LLP Cody Smith COO LEGAL Norton Rose Fulbright Canada LLP Aaron Thompson,…
Appendix: Year Round Development August 2, 2013 16
Rim of the Crater at Marlowe Large structural trap created by the impact of an Asteroid 100 MM years ago and is charged with light oil and gas in 6 horizons. Analogue Structures Ames (Oklahoma) - 8 miles Reserves: 25MMbbl oil; 100…