Shoreline Energy Corp. GROWTH, VALUE, INCOME, UPSIDE CORPORATE PRESENTATION, JUNE 2013 TSX: SEQ
SHORELINE : DELIVERING...... ......GROWTH Reserves : 322% higher than IPO levels Production : 200% increase over the same period Revenue : 130% increase in 2012 over 2011 ......VALUE Current Proved plus Probable Reserve Value :…
TWO CORE AREAS : DELIVERING WITH DECREASING RISK Peace River Arch Region, Northwest Alberta (PRA) 2 Years of Continuous Success GROWTH 700 to 2,000 BOED in 2 years VALUE 38MM NPV to 78 MM NPV finding & development costs 14 to 22 per…
CORPORATE Toronto Stock Exchange Listed Common Shares : SEQ Convertible Debenture : SEQ.DB Frankfurt Exchange Common Shares : SLO 52 week Trading Range: C3.00 to C4.50 8.25 MM Shares Outstanding Insider Ownership: 12% (17% Fully…
OPERATIONS Production Q1 2013 Average Production : 1,663 Barrels Oil Equivalent (BOE) per day Current Production : 2,400 Barrels Oil Equivalent (BOE) per day (44% above Q1 average) Liquids weighting increased to 30 % Net Production…
PRODUCTION 200% increase from Q2 2011 2,500 2,0000 Quarteerly Avg. Daily Prodduction (BOED) 1,500 1,000 500 - Q2 2011 Q3 2011 Q4 2011 Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Current (E) Nat Gas (BOE/D) Oil and…
CORPORATE RESERVES & RESERVE VALUES(1) Total Net Present Value (2) : C141 Million Working Interest Reserves (2) (MM, 10%, by Reserve Category) (MBOE, by Reserve Category) PROVED PROVED NONPRODUCING PROVED DEVELOPED NONPRODUCING…
CANADA VS. UNITED STATES RESERVES & VALUES Canadian Summary (1) LIGHT OIL GAS NGL NPV10 RESERVE CATEGORY (MBBL) (MMCF) (MBBL) MBOE (M) Proved Developed Producing (PDP) 654 12,067 91 2,760 42,067 Total Proved (TP) 1,051 18,503 219…
HEDGING/RISK MANAGEMENT - 40% of current production hedged through remainder of 2013 at average price of 3.53 per mcf - 11% of current production hedged in 2014 at average price of 3.80 per mcf Physical Gas Contracts 525 mcf per…
CANADA : OIL DRILLING CREATES ADDED OPPORTUNITY Current Production: 2,000 to 2,100 BOED Production Awaiting Tie in : 200 BOED 2012 Estimated Capital Expenditures 28 million 2012 Production Additions: 900 to 1,000 BOED Estimated…
CANADA : PEACE RIVER ARCH OPERATING AREA Prolific area for oil and gas production. 94-A-16 10 to 15 conventional reservoir targets, and an additional 3 to 5 resource play targets T88 Developing light oil via a) lower risk T87…
CANADA GROWTH/UPSIDE : DEVELOP MONTNEY LIGHT OIL DISCOVERY 100% Working Interest, Operated by Shoreline Initial Exploratory Well, on stream December 2012, currently 120 BOED Follow Up Development Well on stream Apri l2013, 600…
UNITED STATES : NIOBRARA/CODELL LIGHT OIL, WELD COUNTY COLORADO STRATEGIC ENTRY : Five acquisitions in world class Wattenberg oil development project HIGH NETBACKS : Low Op Costs, 4 to 7/ BOE, premium to WTI Pricing, Nymex gas…
UNITED STATES : WATTENBERG FIELD, PRODUCTION TYPE CURVES 600 Niobrara Type Curve Initial Production 500 300 to 800 BOED 60% Oil 400 10% Natural Gas Liquids 30% Natural Gas BOE/d 300 Reserves 300,000 to 200 600,000 BOE/well…
NIOBRARA/CODELL : WHAT THEY ARE SAYING(1) ANADARKO/KERR MCGEE ENCANA CORP 1.0 to 1.5 Billion BOE Net Resource 105 barrels per MMCF NGLs 350,000 BOE per HZ Well (50% Oil, 20% NGL) 150 net well locations 100% rate of return 24 gross…
LEADERSHIP TEAM TREVOR FOLK KEVIN STROMQUIST GARY LOBB SHAUN E. ALSPACH BRIAN R. CUMMING JAN BOYDOL KELSEY COOPER Canadian Investment Manager Professional Geologist Chartered Accountant Professional Geologist Professional Engineer VP,…
CONTACT INFORMATION TREVOR FOLK J. KEVIN STROMQUIST GARY LOBB CHIEF EXECUTIVE OFFICER PRESIDENT & CHIEF OPERATING OFFICER CHIEF FINANCIAL OFFICER EMAIL EMAIL EMAIL tfolkshorelineenergy.ca kstromquistshorelineenergy.ca…