Seven Generations Overview Key Capitalization and Operational Highlights 7G Montney / Deep Basin Lands and Infrastructure Initial Public Offering Closed November 5, 2014 Ticker symbol (TSX: VII) 2014 Total Production 31 Mboe/d…
Montney Development History 2011 - 2012 2013 2014 Montney lands entering time period Montney land additions during time period Montney land additions Post IPO Gross (Net) sections: 254 (248) Gross (Net) sections: 405 (399)…
Independent Reserves Update McDaniel & Associates December 31, 2014 July 1, 2014 PDP 1P 2P 2P (2P) NPV10 (pre-tax) (MM) 550 3,145 7,108 7,032 76 Future Development Capital (MM) 2 6,132 8,892 7,722 1,170 Future Operating Income (MM)…
Production growth plans: transportation and processing arrangements The productive capacity of the resource plays in NW Alberta and NE British Columbia far exceeds the present pipeline capacity out of the region 7G has arranged for…
Established Top Tier Production Results Within the Nest Cumulative to date IP 30 IP 90 IP 180 Well Head Map Gas Total Days Condensate boe/d boe/d boe/d (MMcf) (Mbbl) (Mboe) 1 1,049 1,608 186 454 715 674 681 2 1,041 609 176 277…
NEST Gas Type Curves Production uplift seen in some initial pad wells coinciding with completion of new offset pad wells (noted in graphs ) Gas production intentionally restricted during production; observed lower decline rates and…
NEST Condensate Type Curves Production uplift seen in some initial pad wells coinciding with completion of new offset pad wells (noted in graphs ) Prospectus type curves are supported by statistical data, with outperformance observed…
Individual Well Economic Sensitivities - Over 600 Nest 2 drilling locations that are 90 Crude (WTI), 4.00 Gas (HH) 60 Crude (WTI), 3.20 Gas (HH) economic at 45 WTI & 2.80 NYMEX. This 0.90 USD/CAD 0.82 USD/CAD provides a drilling…
Individual Well Economics: Nest Threshold Price Analysis Note: IRR is calculated to be on the line. Above the line is greater Recent hedges put in than stated IRR, below the line is less than stated IRR. place based on exchange…
Continuing to Improve Cost Efficiencies Drilling improvements Linear Trend (lateral m) Plug & perforate completion Longer laterals Rig released in Q1 2015 Managed pressure, under balance drilling and brine mud systems Total…
The Boot Diagram: Ranking Project Competitiveness 2014 vs. 2010: average supply cost was down 1.75/MMBTU. Boot Diagram Analysis shows plays ranked by NYMEX Technology initiatives gas threshold price continually place downward…
AREAS OF NETBACK PERFORMANCE Continue to optimize and increase cash flow 2014 H1 H2 Total 2014 Operating Netbacks Oil & Condensate Volume bbls/d 8,414 13,664 11,060 NGLs - Ethane bbls/d 1,748 3,460 2,611 60.00 NGLs - Propane…
Recent Results, Capitalization and Guidance Q4 2014 Results 2014 / 2015E Guidance Q4 2014 2014 2014 2015E Production (boe/d) 44,178 31,136 Production (boe/d) 31,136 55,000-60,000 % Liquids (%) 58% 58% New producing wells () 34…
Summary: A Differentiated Team Developing a World Class Asset High quality liquids-rich resource base Significant reserves and resources to support a multi-decade drilling program Location advantages and firm transportation…