Mandate Toscana is a public company currently trading on the TSX (TEI) with the mandate to acquire medium to long life oil & natural gas assets, unitized production and royalties for yield and capital appreciation. An…
Mandate Toscana targets investment with the following characteristics: Operated and non-operated working interests, unitized interests and royalties Targeting a 50/50 oil/gas weighting Reserve life index greater than 8 years Key…
Management Joseph Durante Chief Executive Officer Over 25 years of direct industry experience. Co-founder and Chairman of Ranchero Energy Inc., former Chairman of Ranchgate Energy Inc., Co-founder and Chairman of Fairmount Energy Inc.…
Directors Donald D. Copeland Chairman Founder and past President of Codeco Engineering group, former Chairman of Upper Lake Oil and Gas Ltd. Director of several public and private oil and gas companies including Western Energy Services…
Timeline Building a Solid Foundation Acquired assets at Joffre, SE Completed 5.1 million Sask and Hangingstone Disposed equity issue Marten Hills Minnehik Buck (10/share) from an acquisition on intermediate Lake Unit No. 1 on…
Building a Solid Foundation Continued. West Pembina, Bigoray and Strachan acquisition on Tony Creek Willisden Green October 18, acquisition on acquisition on May 1, 2012 for 17.3 November 6, 2012 2012 for 6.3 million. million…
Building a Solid Foundation Continued. Moved from WCSB Veredus Venture acquisition on acquisition on exchange to TSX April 3, 2013 for July 31, 2013 for on November 22, 15.2 million 6.8 million 2013 February April June July…
Building a Solid Foundation Continued. Sold interest in two TFIT acquisition. 2 million TEI 9M acquisition wells at Weyburn of a portfolio of for consideration of shares issued for assets in Central 1.3 million. 29.5 million of…
Value added acquisition strategy (Million) Purchase Operating Net Cash Total Excess Total Price Cash Present flow Cash over Rate of Flow Value from Flow purchase Return Sale plus price NPV Joffre 8.60 4.03 22.70 26.73 18.13…
Properties Alberta . Edmonton . Calgary Canada USA 12 Toscana Energy Income Corporation
Royalty Lands 13 Toscana Energy Income Corporation
Royalty Lands (continued) 14 Toscana Energy Income Corporation
Montney Royalty Program Royalty Program in Bigstone Montney Gross Overriding Royalty over a five (5) well drilling program in northwestern Alberta. GORR will be generated via drilling infill locations over a proven Montney…
Corporate Production Graph Daily Company Gross Barrels of Oil Equivalent (BOE) Forecast 2,500 Proved Proved plus Probable Proved Developed Producing 2,000 1,500 BOE per DAY 1,000 500 - 2015 2017 2019 2021…
Net Asset Value Proved (at December 31, 2014) + Probable Reserve Values PV 10% (1) (M) 140,676 Debt (2) (M) 27,603 Net Assets (M) 113,073 Common Shares ('000 Shares) 7,204 Net Asset Value ( / Share) 15.70 (1) Reserve…
Sustainability 2014 2013 Proved + Proved + Proved Probable Proved Probable Reserves Volumes Company Gross MBOE 6,448 9,277 5,936 8,555 Net book value M 104,433 109,217 103,295 106,119 Capital Program Eciency…
Dividends DIVIDENDS PAID 0.45 Toscana Common 0.40 Toscana Preferred 0.35 0.30 Dividend Issued 0.25 0.20 0.15 0.10 0.05 0.00 Sep 30, Dec 31, Mar 31, Jun 30, Sep 30, Dec 31, Mar 31, Jun 30, Sep 30, Dec 31, Mar 31,…
Capitalization Authorized June 30, 2015 Toscana Common Shares (number) Unlimited 7.2 million Convertible Debentures 20.0 million (TEI has option to redeem the convertible debentures in shares or cash at maturity on June 30,…
Total Proved Plus Probable Reserves 9% 32% Light and Medium Oil Natural Gas Natural Gas Liquids 59% 21 Toscana Energy Income Corporation
Financials Six months ended Year ended June 30, 2015 December 31, 2014 Average daily production (boe/d) 2,130 2,484 Petroleum and natural gas revenue, net of 10,957,559 39,608,974 royalties () Netback () 7,477,102 22,015,104…
Hedging Contracts Type Volume Price Index Term FY 2015 Gas Swap 200 bbls/d C100.03/bbl CWTI Jan 2015 to Dec 2015 Swap 200 bbls/d C104.00/bbl CWTI Jan 2015 to Dec 2015 Oil Swap 1,896 mcf/d C3.76/mcf AECO Jan 2015 to Dec 2015 Swap…
Key Benefits of Toscana Proven management and fully aligned with shareholders Long life mature production base A track record of paying dividends on a sustainable basis Security of dividends through disciplined hedging program Tax…