Corporate Information Production 670 boepd Production to be tied-in over next 12 months 1,800 boepd Estimated Cash and working capital as of May 31/15 100 million (includes 12 million new gas plant equipment for sale) Dawson and…
Upper and Lower Montney 3 Distinct Areas: Develop/Delineate/Explore Development Program Tie-in 3 wells previously tested Explore Drill 2-4 hztl wells at Doe on pads Explore Delineation Program Two Rivers Drill up to 3 (2.4 net)…
Lower Montney Trend NW Alberta NEBC Pervasive deposit spans townships of AB. BC land Two Boundary Developed more extensively in Rivers Lake Alberta side Recent drilling in BC proves high productivity of liquids-rich gas…
Lower Montney Results vs. Expectation Montney Hz Well Note: Flowing against 7,500 kPa Performance Indicator Type Well wellhead pressure Added Compression. Flowing Pressure 4,300 kPa Drill & Case (K) 2,600 Complete (K) 2,500…
Upper Montney Trend NW Alberta - NEBC Upper Montney is liquids-rich NE Edge of Upper gas in Doe and Dawson Montney Fairway (development area) Upper Montney is potentially AB BC oil in Two Rivers (exploratory Two Rivers…
Upper Montney Results vs. Expectation Montney Hz Well Performance Indicator Type Well Drill & Case (K) 2,600 Complete (K) 2,500 Tie-in (K) 400 Total (K) 5,500 Liquids Gas Total Year 1 Avg. Q (boe/d) 87 524 611 5 bcf…
Infrastructure 25 mmcf/d LXE sweet plant and facilities Spectra/West Coast Gathering Line Leucrotta Gathering System to be expanded as required Gathering Lines Third party facilities used as needed Alliance Pipeline Spectra…
Why Leucrotta Montney has top decile economics Extensive land base (172 net sections) with potentially over 500 bcf of OGIP (plus NGLs) Small land blocks can produce large value due to large OGIP and OOIP per section High…
Management & Directors Directors Management Robert J. Zakresky, CA Robert J. Zakresky, CA - President and CEO John A. Brussa, B.A., LL.B. Terry L. Trudeau, P. Eng. - VP Operations and COO Donald Cowie Nolan Chicoine, MPAcc, CA - VP…