TORO ADVANTAGE Management Team strong track record of building companies and creating shareholder value Solid Financial Position no debt, cash reserves and extensive credit facilities in place for junior oil and gas company…
TORO OIL & GAS PROFILE STOCK SYMBOL TOO.V BASIC SHARES 55.8 million DILUTIVE SECURITIES 17.2 million FULLY DILUTED SHARES 73.0 million INSIDER OWNERSHIP 17.6% (basic) 33.3% (fully diluted) MARKET CAPITALIZATION(1) C32.4…
VIKING LIGHT OIL FAIRWAY AB SASK Anchor asset is a low decline, large oil Halkirk in place pool with significant near term development Provost opportunities Hamilton Toro controls 122 net Lake Kerrobert Prairiedale sections of…
VIKING ACQUISITIONS Highlights: Series of arms-length transactions 2.4MM total consideration Growth of existing land base 50 boepd of Viking light oil production Additional 29 net sections of land 50 development locations…
TORO ALBERTA VIKING ASSETS Operated asset with low decline production base 550 boepd(1) of 35 API Viking light oil production 122 net sections of land Hamilton Lake 150 development locations internally identified 79 net…
BUILDING A SIGNIFICANT PRESENCE East Central AB & West Central SK Viking Land Holders 800 700 Net Sections of Land 600 500 400 300 200 Acquired in 2015 100 0 Toro controls 122 net sections of 100% WI operated…
VIKING LIGHT OIL PLAYERS AB SK Viking Oil Producers Toro Oil & Gas Halkirk Raging River Whitecap Crescent Point Provost Teine ISH Energy Penn West Spur Hamilton Spyglass Kerrobert Lake Copper Island Prairiedale Plenty…
EXECUTING ON ACQUISITIONS Acquisition of the Acquisition of 29 net Hamilton Lake sections of land and Viking Unit and 60 50 boe/d by way of net sections of land three transactions 100 700 Toro Corporate Production (boe/d)…
HAMILTON LAKE VIKING UNIT 100% working interest in Viking Unit Very low drilling density average 2 oil wells per section Only 8 horizontals drilled to date Unit OOIP of 300 MMbbl with only 5% recovered to date Waterflood…
HAMILTON LAKE TYPE WELL 140 D,C,E&T cost of 120 950K High rate of return Oil Production Rate (bopd) 100 inventory of both Tier 1 80 and Tier 2 type wells provide flexibility in 60 low commodity price environments 40…
VIKING TYPE WELL COMPARISON 100 75 Oil Production (bopd) 50 25 0 0 6 12 18 24 30 36 Months on Production Toro Tier 1 Toro Tier 2 Raging River (525) Beaumont Hz (202) Crescent Point (448) Spur (154) Spyglass…
TORO FUNDING AND FINANCING Recapitalization proceeds of 25 million of non brokered private placement funds, of which 10 million invested by officers and directors 46 million raised Completed 21 million equity offering in and 6…
2015 CAPITAL PLAN AND STRATEGY Limiting spending in H1 2015 due to low commodity prices with limited visibility on time for recovery Conservative capital program of 12 million Plans for 6-7 wells to be drilled in Hamilton Lake and…
SUMMARY Inventory of high-quality, low decline, large light oil in place pool 122 net sections of land in the prolific Alberta Viking fairway Upside potential includes horizontal drilling of Viking Unit, waterflood…
APPENDIX
TORO MANAGEMENT TEAM Barry Olson, President & CEO, Director 30+ years of engineering and senior management experience in the oil & gas industry Founder, President & CEO of Orleans Energy Ltd.: A TSX listed company that grew to 4,700…
BOARD OF DIRECTORS BANKER Chris Seasons NATIONAL BANK Independent Businessman 30 years of oil and gas technical management experience Past President of Devon Canada Corp. Former Chairman of the Canadian Association of Petroleum…
CONTACT INFORMATION TORO OIL & GAS LTD. 2200, 250 5th Street SW Calgary, AB T2P 0R4 Phone: 403-237-9996 Fax: 403-264-0416 Emergency phone: 403- 770-6832 Barry Olson President & CEO, Director Phone: 403-686-6801 Email:…
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