MAPAN Energy Ltd Corporate Presentation March 2015
Corporate Summary Mapan was founded in early 2014 by Dr. Richard A. Walls MPG (TSXV) Senior Management Richard A. Walls President & CEO 100 years Michael Boyd COO combined experience Jennifer Dugdale CFO Ronald Kisic General…
Corporate Summary (continued) MPG (TSXV) Trading of MPG shares commenced September 10, 2014 Shares Outstanding2 71.4MM Shares Fully Diluted2 76.6MM 1 Market Cap 60.0M Pro forma Guidance 20151 Less Cash2 (17.6MM) EV 42.4MM…
Companies with lower leverage & better financial flexibility will outperform peers that are financially constrained in both the current Why Mapan environment & during a recovery cycle. MPG has no debt and an undrawn credit facility…
Key Facts Production, Acreage & Reserves 132.5MM1 purchase of select natural gas properties in the Deep Basin North & Deep Basin WestCentral in 2014 Total for Two Areas Current Production 5,400 BOE/D2 Reserves (2P) 15.2 MMBOE…
Reserves December 31, 2014 The Companys Proved Reserves increased from the March 31, 2014 report by 19% from 12.58 million MM BOE to 15 MM BOE at year end December 31, 2014. Proved plus Probable Reserves increased by 27% from 15.16…
19% increase in Proved Reserves 27% increase in Proved + Probable Reserves Reserves December 31, 2014 Effective Date: December 31, 2014 Light & Medium Oil Natural Gas Liquids Natural Gas Total Oil Equivalent Gross Net Gross Net…
Deep Basin Assets Deep Basin North Elmworth NGTL1 BC AB Deep Basin West Central Cecilia 10 1Nova Gas Transmission Ltd. March 2015
Deep Basin North Conocos Elmworth Sweet Gas Plant Capacity 685 MMcf/d Main Gas Pipeline 60 km of 4 to 16 Capacity 175 MMcf/d BC AB Conoco b53A Compressor Station Capacity 48 MMcf/d Mapan Chinook Ridge Compressor…
Nikanassin / Cadomin Deep Basin North Type Log Potential Locations Ojay / Hiding Creek Southeast Ojay Chinook Ridge Sweet Spot Modified from Miles, 2010 20 Unbooked, Potential Horizontal Well Locations in…
Deep Basin North: Chinook Ridge 12 EUR Well Type Curve1 IP (Mmcfe/d) (bcf) 10 Vertical 4.5 3.5 8 Rate (MMcfe/d) Horizontal 9.0 7.0 6 Potential 10.5 9.4 Horizontal 4 2 0 2015 2016 2017 2018 2019 2020 2021 2022 2023…
Deep Basin West Central Alberta Current Production 2,000 BOE/D Reserves 9,294 MMBOE1 Land2 (gross) 40,288 acres Land2 (net working interest) 30,572 acres Bigstone Compressor Station Capacity 10 MMcf/d Land2 (net undeveloped) 16,472…
Deep Basin West Central Alberta 34 development well locations in the current lands only 8 PUDs booked 12 workovers / recompletions (20152016) only 5 booked Low risk, vertical, development wells with multistacked horizons; few…
Deep Basin West Central Alberta 7 Proven Undeveloped (3 drilled in Q1 2015) 5 Proven Non Producing 2 Probables 42 Producers 10,240 gross acres 16 March 2015
Summary Facilities & Infrastructure Deep Basin North Deep Basin West Central Processing Facility Conoco Elmworth sweet gas plant (total Cecilia gas plant at, 1545823W5 (total plant plant capacity 685 MMcf/d) capacity 100 MMcf/d)…
2015 Net Capital Expenditures (estimated 1315 MM) 2015 Capex MM Drilling (3 to 4 wells) 4.8 Completions 5.0 Production Optimization1 3.5 Land 0.7 Total Net Capital 14.0 MM If natural gas and oil prices increase significantly…
Corporate Information MANAGEMENT TEAM BOARD OF DIRECTORS Richard A. Walls President and CEO Richard A. Walls Michael Boyd Chief Operating Officer Jennifer Dugdale Jennifer Dugdale Chief Financial Officer Ronald Kisic Ronald Kisic General…
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