Forward-Looking Statements Certain information regarding Orleans Energy Ltd. (the Company) contained within this corporate presentation may constitute forward-looking statements within the meaning of applicable securities laws.…
Leadership & Governance Management Team Barry Olson - President & CEO (27 years) Dean Bernhard - VP Finance & CFO (19 years) Rick Schuster - Executive VP Exploration (25 years) Brent Spice - VP Engineering (29 years) Calvin House - VP…
Corporate Profile Stock Exchange: Toronto Stock Exchange; symbol OEX Capital Structure: Common Stock 65.2 MM (+ stock options 6.0 MM) Market Cap. 170 MM ( stock price of 2.60) Net Debt 39.1 MM (Mar 31, 2010) Bank Lines 60 MM (credit…
2009: Positioned for Growth Improved Balance Sheet 9 YE 09 Net Debt of 24.4 MM vs. YE 08 of 53.7 MM 9 Sale of non core assets raising 20.75 MM 9 Equity financings raising 44 MM Reduced Operating Expenses 9 Reduced 2009 OPEX from…
2009 Results & Performance E&D Capital Spending Program of 44.1 MM 9Drilled 5 (4.7 net) horizontal wells targeting Montney in Kaybob and Waskahigan 9Built 19 km, 10 inch, 100% Kaybob K3 Pipeline (18 MM) 75 MMcf/d capacity 9FD&A Costs…
Quarterly Production Growth 9 11% CAGR since inception (Q105) 9 Kaybob Montney dominant component of Orleans production profile (75%) Quarterly Production Annual Production Production Composition 4500 4500 3000 Shut-In boe/d (6:1)…
Efficient Reserves Growth FD&A Costs (/boe) 2007 2008 2009 3 Year Proved 20.01 18.85 26.89 20.98 Proved + Probable 18.94 15.28 19.56 17.41 Note: 2009 FD&A includes 18 MM of Kaybob K3 pipeline capital. Excluding pipeline capital,…
Reserves Summary December 31, 2009 Reserves Summary December 31,2009 Reserves Distribution by Property BTax (P+P Reserves) PV10% (%) MBOE M Proved Developed Producing 5,601 95,353 Proved Developed Non- Pine Producing 334 3,337…
2010 Activities and Plans
Asset Base Operated & Focused Balanced-Risk, Operated Asset Base: Alberta Development (Infill/Down-spacing) 9 West Kaybob Montney 9 Gilby Edmonton sands & Mannville 9 Pine Creek Wilrich Peace River Arch 9 Gordondale Boundary Lake…
Montney Regional Facies Montney has 3 main deposition B.C. ALBERTA facies 9 Shoreline-Lagoonal (conventional) RING-BORDER 9 Middle shelf sands/silts 9 Deep water turbidite silts/shales POUCE COUPE Orleans Montney trend is…
Kaybob Triassic Montney Gas Play R19 R18 R17W5 28 Sections (25.7 net) - OEX operated To KA T61 T61 Ga sP Drilled 4 HZ (3.75 net) lan t N F C wells in 2009 N F N F N N N New 19 km, 10 line F T60 N CS FN T60 9…
Kaybob K3 Pipeline Project R20 R19 R18 R17W5 19 km - 10 Gas Pipeline T62 Kaybob KA Plant T62 9 75 MMCF/D capacity 9 100% WI, Orleans operated L/C: 215 MMCF/D W Fees: 1.16/MCF Connection to Kaybob K3 Gas Plant (dual…
Kaybob: Montney Horizontal Wells Packers Plus liner assembly : 500 to 1,350 meter HZ sections Multi-stage sequential fracs (5 to 14 stages; 120 to 240 tonnes) Increasing Hz well length, frac stages and reducing sand displacement…
Pad Drilling Excellent Cost Savings 13-23 Hz Hz Location Reduced lease construction costs F Reduced access road cost Reduced pipeline Hz Location construction cost Reduced on-stream time 22 23 Reduced environmental…
Orleans Montney Growth Fairway MONTNEY FAIRWAY J FK Currently 63 gross sections of EE EEE EEEEEEEE F I EEEE F E E E OOIP: 101 MM BBL OGIP: 99 BCF Montney rights at average 96% W.I. EEEE EEEEEEEEEEEEEEE E E EEEE EEEE…
Waskahigan Strategic Land Growth R24 R23 R22W5 28 sections (17,920 acres) of 100% interest lands Two successful exploration T64 T64 T64 wells completed in Q1/10 W W 12-17 tested at 3.3 MMCF/D of sweet gas 4-36 tested 810…
Pine Creek: Cretaceous Gas R20 R19 C EF F V U C G G G F G I C G J C F C G F F J G F C G G 9.0 sections (6.75 net) - OEX operated F I E T56 F K C F CU CF G F E J J F G V G T56 Currently 8…
00/08-19-055-19W5/3 HZ 00/16-31-055-19W5/0 HZ 00/16-05-056-19W5/0 HZ F A A Fairborne Energy Ltd. Orleans Energy Ltd. Orleans Energy Ltd. 00/07-19-055-19W5/0 00/10-31-055-19W5/0 00/06-05-056-19W5/0 J F F Fairborne Energy Ltd. Orleans…
Royalties: Getting It Right May 27, 2010 Alberta Government Royalty Announcement 9 Provided positive revisions to royalty curves for both oil and gas 9 Reduced Deep Gas Royalty Holiday qualifying depth from 2500 meters to 2000…
Resource Prospect Economics Resource Play Area Kaybob Pine Creek Waskahigan Waskahigan Commodity Gas + NGL's Gas + NGL's Gas + NGL's Oil Producing Horizon Montney Wilrich Montney Montney Depth (Total Measured) METERS 3,700 4,200 3,500…
Orleans Prospect Inventory Primary Secondary Initial Well Area Prospect Locations Locations Production Reserves Cost GAS MCF/D BCF M Gilby Edmonton 35 - 40 10 - 15 400 - 500 0.4 - 0.5 550 Gilby Mannville 20 750 - 1,250 0.75 - 1.25…
OEX: Poised for Solid Growth Increased focus as a resource based E&P Junior 9 Sold off high op cost conventional assets in late 2009 9 Total of 72 sections (Avg. 93% W.I.) of operated lands in Kaybob, Waskahigan and Pine Creek 9…
Suite 1200, 500 - 4th Avenue S.W. Calgary, Alberta T2P 2V6 www.orleansenergy.com
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