CORPORATE PRESENTATION OCTOBER 2014 Canaccord Global Resources Conference TSX-V: MQL OTCQX: MQLXF MARQUEE DELIVERS 0
Corporate Direction Identify Position Consolidate Exploit 2014 Capitalize on 2013 experience & assets Strategic Business Combination 5,600-5,800 2012 boe/d First Michichi forecast exit 3,700 horizontal oil production boe/d…
Balance Sheet Performance CF and D/CF Ratio 14000 9 Cash Flow 8 Lowered G&A costs by 50% on a per BOE 12000 Debt to Cash Flow Ratio 7 basis since 2013 10000 6 Debt/CF (x) 8000 5 000's 6000 4 3 OPEX and G&A 4000…
The Michichi Advantage Extensive Oil Potential 10 million barrels of oil in place per section combined for the Banff and Detrital zones in the focus area Dominant Land Base 210 net undeveloped sections Crown land, 92% avg.…
Drilling Success at Michichi Horizontal Wells Drilled at Michichi by Operator 45 40 35 of Wells Drilled 30 Drilled Licensed 25 20 15 10 5 0 MQL* BNP HUSKY CNQ DIRECT Operator Michichi production 4,000 boe/d…
2014 Michichi Drilling Plans 100% success rate on 11 HZ oil wells drilled to date, 3 additional HZ wells planned for Q4 Production results continue to improve based on technical and drilling/completion optimization…
Michichi Economics Michichi Focus Area Expected Well Performance 200 ECONOMIC POTENTIAL Peak IP 30 Rate 186 boe/d 180 IP 90 Rate 165 boe/d 160 Reserves 174 mboe 140 DCET 2.3 MM 120 Operating Netback 55/boe BOE/D 100…
Michichi Improvement of Capital Cost Structure Infrastructure enhancements have significantly reduced tie-in times. Advancements to Marquees drilling design cash flow and operations process have successfully reduction in…
Lloydminster Current production 700 bbls/d Low-risk drilling inventory 50 targets, includes 6 proven, 4 probable booked locations Significant production growth upside Sparky/GP ECONOMIC POTENTIAL Vertical Wells HZ wells Peak IP…
Revised 2014 Guidance Marquees 2014 capital program is committed to continued production and cash flow growth at Michichi and Lloydminster. Almost 85% of the overall budget will be spent on the Companys core Michichi property.…
Why own shares in Marquee today Few juniors boast a comparable scalable, low risk, development-stage, oil-prone asset base with a clearly delineated drilling inventory capable of supporting many years of profitable growth Over the…
Contact Us Richard Thompson President, CEO & Director Main: 403-384-0000 rthompsonmarquee-energy.com Fax: 403-265-0073 Direct: (403) 817-5561 Address: 1700, 500-4th Ave SW Calgary, AB T2P 2V6 Roy Evans CFO, Vice President Finance…
Appendix 15
Experienced Management Team Richard Thompson, President & CEO Mr. Thompson has been the President and CEO at Marquee Energy since 2011. Previously, he served as an Executive Vice-President of Cequence Energy Ltd. from 2008 to 2010 and…
Strong Governance Dennis Feuchuk, BBM, CMA, Chairman Mr. Feuchuk has served as a Director of Marquee since June 22, 2010. Prior thereto he was President and Chief Executive Officer of Base Oil & Gas Ltd. from October 2009 to May 2011.…
Analyst Coverage National Bank Financial Peters & Co. DAN PAYNE DALE LEWKO E: DAN.PAYNENBC.CA E:DLEWKOPETERSCO.COM P: 403-290-5441 P:403-261-2215 Haywood Securities Inc. Acumen Capital DARRELL BISHOP TREVOR REYNOLDS…
Second Quarter Results Financial and Operational Highlights include: Achieved significant growth in both revenue and funds flow from operations in the second quarter of 2014. Revenue increased 19% to 25.6 million, compared to 21.6…
Strategic Non-Core Disposition Closed the sale of the Companys gas weighted Pembina assets for 14 million on September 30, 2014 Accretive sale metrics of 42,400/boed and approximately 6.1 times current run rate cash flow Reduced…
Q2 Production and Netbacks Second Quarter 2014 Production 5,035 BOE/D Liquid Content 43% Sales Price 55.93 /BOE Royalty Expense 7.31 /BOE Production Costs 16.15 /BOE Transportation Costs 3.51 /BOE Field Operating Netback 28.96 /BOE…
Marquee Undervalued Relative to Peers EV / Production 2015E EV / P+P Reserves 70,000 25.00 23.81 60,000 20.00 EV / Production 2015E EV / P+P Reserves 59,050 50,000 19.15 53,668 17.93 50,512 Average:…
Play Type Comparison Play Type Economics Comparison: Half Cycle Payouts Number of Years 13.0 6.0 4.9 5.0 Oil Plays Natural Gas Plays 4.0 3.7 3.0 2.9 3.0 2.8 2.4 2.3 Median: 1.3 2.2 2.0 1.8 1.8 1.8 1.6 1.6 1.6 1.5 1.4 1.4…
Marquee History Entered into a Closed property Acquired gas plant, Closed bought deal Received Closed transaction to reorganization and acquisition at gathering system financing with shareholder approval acquire Western…
Marquee Hedges as of August 21, 2014 Term Hedge Type Counterparty Volume Pricing July 1, 2014 to December 31, 2014 WTI fixed price National Bank 400 bbls/d Cdn 96.00/bbl March 1, 2014 to December 31, 2014 WTI fixed price National…
Michichi Geological Model Detrital Banff Target oil Target oil bearing zone bearing zone W E Bantry Ellerslie Detrital Middle Banff Fracturing MIDDLE BANFF DETRITAL API () 30-36 30-36 Lower Banff Pay (m) 5-20 3-8 Perm…