NOVEMBER 15 & 16, 2011 FirstEnergy Capital Corp. 2011 FirstEnergy Conference CORPORATE PRESENTATION
DISCLAIMER The well economics provided in this presentation are based on the average historical estimates of reserves for wells drilled in the respective areas in which RMP has an interest and there is no certainty that future wells…
FORMATION OF COMPANY Formed May 11, 2011 with the combination of Orleans Energy Ltd. and RMP Energy Ltd. Trading Symbol RMP.TO Shares Outstanding 96.3 million Options 8.3 million Warrants 2.9 million Directors & Officers…
COMPANY Created a very focused, well-managed and high quality junior producer Significant Waskahigan light oil development opportunity Near-term focus Excellent natural gas resource potential Strong balance sheet Large tax…
DIRECTORS Craig Stewart Executive Chairman of RMP Energy Inc. Doug Baker Independent Businessman John Brussa Partner, Burnet Duckworth & Palmer LLP John Ferguson President and CEO of RMP Energy Inc. Andrew Hogg President and CEO of…
MANAGEMENT TEAM Craig Stewart Executive Chairman John Ferguson President and CEO Dean Bernhard Vice President, Finance and CFO Brent DesBrisay Vice President, Geosciences Jon Grimwood Vice President, Exploration Ross MacDonald…
MANAGEMENT TRACK RECORD Senior management team has worked together for over 20 years Successfully grown and managed companies from 1,000 boe/d to 120,000 boe/d Team has invested over 5.0 billion in WCSB since 1992 Team is a…
2011 FORECAST Capital Spending 100 million Production Annual Avg. 3,300 boe/d December 2011 5,000 boe/d (40% Oil and NGLs) Cash Flow 22 million 9
CORE AREAS Oil exploration and development Waskahigan Ante Creek Big Muddy Natural Gas potential Kaybob Pine Creek Resthaven/Bilbo Ricinus 10
MONTNEY OIL FAIRWAY Significant land position in the Montney oil fairway Large Montney oil accumulations in this region Active area for: Montney Nordegg Duvernay Waskahigan resource potential: OOIP: 264 Mstb OGIP: 194…
WASKAHIGAN MONTNEY OIL Top tier light oil play in WCSB Large accumulation: resource study estimate 264 Mstb OOIP Three years of low risk infill drilling inventory (33 locations) Up to 100 additional locations with step out…
WASKAHIGAN MONTNEY OIL 39 net sections 100% W.I. Drilled wells: 15 2 more wells drilled in 2011 Completions will commence in new year HTE and ASOC locations have the potential to significantly de-risk the northern part of…
WASKAHIGAN MONTNEY OIL Development 32 locations in licensing process 100+ incremental locations in full development scenario Pad drilling configuration will significantly reduce surface access and tie-in costs Infrastructure…
WASKAHIGAN MONTNEY OIL Oil Battery Design capacity 2500 bbl/d oil 10 mmcf/d natural gas 16 million capital Will significantly reduce transportation and operating costs Expansion Battery has been designed to be expanded…
WASKAHIGAN MONTNEY OIL Waskahigan Oil Recovery Type Curves 1,000 900 Type Curve Oil Gas Total mstb mmcf mboe 800 High Oil Recovery 233 424 294 Ave Oil Recovery 178 333 234 Daily Oil Production, Barrels per Day 700 Low…
ANTE CREEK MONTNEY OIL 5 sections 100% W.I. Extension of Ante Creek oil pool Significant activity in area with positive results by HTE, POU, CNQ, ARX Currently surveyed location with drilling to start this winter Success…
PINE CREEK WILRICH NATURAL GAS 6.25 net sections, 56% W.I. Wilrich HZ development 4 wells currently producing from Wilrich, 1 more well anticipated by year end (40% W.I.; Peyto operated) Currently producing 750 boe/d 18
RESTHAVEN/BILBO LIQUID RICH NATURAL GAS Large land base in multi- zoned, gas-charged area Montney gas exploration has driven recent activity Significant investment in HZ Montney drilling by competitors Results will dictate…
KAYBOB MONTNEY NATURAL GAS 28 sections 92% W.I. Significant low risk gas inventory 60 locations; 90 BCF Infrastructure is established; quick tie-in and onstream projects Industry is still very active in area; i.e TQN, TET,…
CONCLUSION Strong production growth through oil development at Waskahigan Exposure to oil exploration at Ante Creek and Big Muddy Tremendous natural gas potential at: Kaybob Pine Creek Ricinus Resthaven/Bilbo 21
APPENDIX 22
RICINUS LIQUID RICH NATURAL GAS 52 sections, 64% W.I. Deep Basin stratigraphy provides a resource style area Reviewing 3-D seismic Potential zones Cardium Viking Glauconite Ellerslie Cadomin 23
BIG MUDDY BAKKEN OIL PROSPECT 24
THIRD QUARTER 2011 FINANCIAL RESULTS Nine months ended September 30, (thousands except share data) 2011 2010 % Change Cash flow from operations 12,848 19,784 (35) Per share basic and diluted 0.17 0.30 (43) Net Income (loss)…
THIRD QUARTER 2011 OPERATING RESULTS Nine months ended September 30, (6:1 oil equivalent conversion) 2011 2010 % Change E&D Capital Spending ( thousands) 68,476 41,420 65 Average Daily Production: Crude Oil & NGLS(bbls/d) 668…
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