MARQUEE ENERGY Oil Focused Junior Growth Company Experienced Team with a Track Record of Building Junior Companies Strong Financial Flexibility Extensive East Central Alberta Position Executing High Rate of Return Development…
THE TEAM MANAGEMENT BOARD OF DIRECTORS Richard Thompson, President & CEO I Dennis Feuchuk, Chairman Founder, President & CEO, Parallel Energy Trust Roy Evans, VP Finance Richard Alexander Trevor Rath, Senior VP Engineering Past…
STRATEGIC NON-CORE DISPOSITION Entered into a purchase and sale agreement to divest of the Companys Willesden Green assets for 21 MM which closed on November 15, 2012 Capital scheduled for late 2012 drilling at Willesden Green…
CORPORATE SNAPSHOT PROFORMA ASSET DISPOSITION Basic Shares Outstanding 52.7 MM Insider Ownership 7.2% (Basic) Market Capitalization 1 48.4 MM Net Debt 2 30.7 MM Credit Facility 70 MM Enterprise Value 79.1 MM Production 3 2,200…
PROPERTIES CORE AREA TARGET MICHICHI Detrital & Banff Oil LLOYDMINSTER Mannville Heavy Oil MICHICHI Key Area NON- CORE TARGET MQL Gas Plant PROPERTIES ANTE CREEK Montney Oil Prospect LLOYDMINSTER CARROT CREEK Cardium Oil COUTTS…
STRATEGIC TIMELINE & PRODUCTION Marquee Production Growth 2300 2100 March 2012 1st Michichi Hz Well on 1900 Production Michichi Growth 1700 December 2011 1500 Drilled first 2 Hz Wells Boe/d at Michichi 1300 1100…
MICHICHI FOCUSED LIGHT OIL DEVELOPMENT 9
BANFF OIL PROLIFIC CONVENTIONALLY DEVELOPED CARBONATE Cherhill Glenevis Prolific conventional pools predominantly controlled by large companies Historically developed through vertical wells, now seeing the application of St Anne…
MICHICHI - GEOLOGICAL MODEL NE Top BNFF Multizone Oil Multizone oil potential: Primary zones: Banff and Detrital 1000m Secondary zones: Ellerslie, Glauc and Viking Control Extensive well control from historic vertical drilling…
MICHICHI CROSS SECTION NW SE A NW T31R17W4M NW T30R16W4M NE T29R17W4M A Ostracod Ostracod Top BANFF Top BANFF 11m Ellerslie Pay 2m Detrital Pay 8m Banff Pay 7m Detrital Pay 15m Banff Pay 15m Banff Pay A ELLERSLIE…
MICHICHI - LIGHT OIL GROWTH PLATFORM Dominant Land Base Mosaic 110 net sections / 70,000 net acres Acquired 17,000 acres through 5 separate property acquisitions MQL Gas Plant in 2012 Purchased 57 sections of land at Alberta…
MICHICHI NEAR TERM CAPITAL PLANS 2012 Capital Program MQL Gas Plant Drilled 6 wells to date in 2012 Focused on evaluation of play types Confirming effective completion techniques Proved concept across land base 16-32 BNFF Late…
MICHICHI ECONOMICS Michichi - HZ Wells Banff/Detrital Hz 300 First Month Average Rate 158 boe/d (1) 250 First Year Average Rate 126 boe/d Estimated Median Reserves 156.4 mboe 200 Total Cost 2.5 MM (2) 150 Finding Cost…
MICHICHI UNRECOGNIZED VALUE & NEAR-TERM CATALYSTS Pro Forma Components of Value (2011 reserves excl. land value) Potential Value of 2012 Drill Program (MM) 230 220 203.2 Hz Wells Drilled 8 210 Previously Booked Hz 2 200 190 Unbooked…
LLOYDMINSTER 7 net undeveloped sections (98% avg WI) Current production 500 boe/d (100% oil) Multi-zone, high netback oil potential 525m Low capital cost / low risk drilling opportunities 0.55MM per well Cretaceous 2012…
LLOYDMINSTER ECONOMICS Top MQL Median Lloydminster Wells Wells 70 First Month Average Rate bbl/d 60 40 First Year Average Rate bbl/d 40 30 60 Estimated Median Reserves 100 50 50 mbbl Total Cost (1) MM 0.55 0.55 40 bbl/d…
NEAR TERM PLANS Focus on developing and delineating large in-place oil resource at Michichi Use Marquee infrastructure and improved capital and production planning to improve costs Accelerate development of Michichi through…
WHY MARQUEE Management team has a proven track record of creating value and have continued to demonstrate with Marquees significant growth to date Extensive inventory of oil opportunities Right-sized capital projects for junior…
ANALYST COVERAGE ACUMEN CAPITAL TREVOR REYNOLDS E:TREYNOLDSACUMENCAPITAL.COM P:403-410-6842 DESJARDINS SECURITIES INC. TIM MURRAY E:TIM.MURRAYVMD.DESJARDINS.COM P:403-532-6611 DUNDEE SECURITIES FRASER MACKENZIE CHRIS BOLTON…
CONTACT US 1700, 500 4th Ave SW Calgary, AB T2P 2V6 P: (403) 384-0000 F: (403) 265-0073 RICHARD THOMPSON PRESIDENT, CEO & DIRECTOR DIRECT: (403) 817-5561 RTHOMPSONMARQUEE-ENERGY.COM ROY EVANS CFO, VICE PRESIDENT FINANCE…
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