2012 North American Oil & Gas Conference Peters & Co. Limited Duvernay Shale September September 11, 11, 2012 2012
Trilogy Corporate Profile Q2 2012 average production: 34,585 Boe/d (40% Oil and NGLs) Estimated H2 production: 41,000 Boe/d 116 million shares outstanding Market Capitalization at 22.00/share: 2.6 Billion Insiders own 52% Current…
Trilogy Assets Geographically concentrated assets Multi-zone development and exploration potential in the Deep Basin Grande Prairie NGL-rich, high heat content natural gas and light oil 1,500 Boe/d 2012 35 MM 2012 Capex Large…
Potential Sand/Shale Reservoirs Prospect inventory of low-risk horizontal and vertical liquids-rich conventional and unconventional locations: Cardium*: + wells Dunvegan*: 36 wells Notikewin/Spirit River: 145 wells Wilrich: +…
Trilogy: Key Growth Plays Kaybob Montney Oil D/C/T Hz well: 4 MM/well Average 300 MBbl/well plus solution Kaybob South Montney Gas gas Montney tight sand reservoirs IP: 1000 Bbl/d plus solution gas D/C/T Hz well: 5 MM/well Pool…
Duvernay Shale
Duvernay Unconventional Shale Play Stratigraphically equivalent to the Muskwa Shale in northeast British Columbia Emerging large liquids-rich and crude oil resource play Similar in play type to the Eagle Ford Shale play in Texas…
Duvernay Unconventional Shale Play 100 sections in gas/condensate reservoir area 100 additional sections in potentially oilier reservoir Participated in 7 horizontal wells into this play to date A Forecast 40 MM capital…
Duvernay Cross-Section Reservoir Depths of 2,500 - 4,000 metres Pay thickness 10 - 60 metres Horizontal laterals approximately 1,600 metres Plug and perf and ball-drop completion techniques Perf clusters Slickwater fracs…
3-13-60-20W5 Duvernay Production Forecast 1,746 1,746 metres metres lateral lateral length length 31 31 frac frac intervals intervals 12 12 separate separate stages stages 100 100 tonnes tonnes sand sand and and…
Duvernay Sensitivity Analysis 12 12
Duvernay Unconventional Shale Gas Play Net Pay: 50m 11-33-60-20W5 - Duvernay Shale Average Porosity: 7% Reservoir Pressure: 60,000 kPa OGIP*: 75 Bcf/section, 2.7 Tcf/township Condensate yield: 80 - 120 Bbl/MMcf Estimated 50%…
Presley 5-3-60-19W5 Horizontal well RR April 2012: TD 5,306 m; lateral length 1,754 m 16 stage/31 frac completion using ball drop technique Completion and tie in planned for Q3 2012 11-33-60-20W5 - Duvernay Shale 14 14
Tony Creek North 4-3-64-21W5 4-3-64-21 horizontal RR April 2012: 4,800m TD; lateral length 1,648 m 16 stage/30 frac completion using ball drop technique Completion and tie in planned for September 2012 Duvernay approx. 30 m thick…
Fox Creek 5-8-62-18W5 5-8-62-18W5 horizontal spud Aug 29, 2012: 5,090 m est TD; planned 1,515 m lateral length Potential 3 pad development with up to 24 wells 40m thickness Potential joint venture 7-7-62-18W5 - Duvernay Shale 16…
Duvernay Unconventional Shale Play Reservoir Mineralogy TERNARY DIAGRAM OF MINERALOGY COMPOSITION Composed of 3 minerals Clay All JIP Wells groups: (Vol %) Eagle Ford (All) Duvernay (All) 1.Quartz/Feldspar (50-70%) Muskwa (All)…
Duvernay Unconventional Shale Play Total Organic Carbon BASIC ROCK PROPERTIES (TOC) content from (GRI Method) 1E-01 1.5 7%, averaging 1E-02 Crushed Sample (20/35 Mesh) y = 5E-08x3.7848 3.5% 1E-03 476 Samples Matrix Permeability,…
Summary of Geochemical Properties Kerogen type and GEOCHEMICAL PROPERTIES maturity in north S1 Oil Content 0 and east Kaybob 5001 Samples indicate propensity 1000 for oil production Unlike Muskwa 2000 Depth, meters (dry),…
Appendix A Forward Forward Looking Looking Statements Statements Advisories Advisories