TORO OIL & GAS PROFILE STOCK SYMBOL (TSX Venture) TOO BASIC SHARES 56.9 million DILUTIVE SECURITIES 18.3 million FULLY DILUTED SHARES 75.2 million INSIDER OWNERSHIP 19.7% (basic) 35.5% (fully diluted) MARKET CAPITALIZATION(1)…
VIKING LIGHT OIL FAIRWAY High quality, low decline, large oil in place pool with significant near term development opportunities 125 net sections of 100% WI, largely undeveloped land in the Viking Light Oil Fairway…
TORO ALBERTA VIKING ASSETS Consolidated asset base with low decline, operated production base 567 boepd(1) of 35 API Viking light oil production 125 net sections of land 150 development locations internally identified…
2015 CAPITAL PLAN Commenced 2015 Drilling Program: Conservative capital program of 10 million Low-risk development oil wells Focused on development of Hamilton Lake and Consort areas Capital efficiencies achieved through reductions…
HAMILTON LAKE VIKING UNIT 100% working interest in Viking Unit Commenced development in Q3 with horizontally drilling Unit OOIP of 300 MMbbl with only 5% recovered to date Waterflood optimization upside potential Reservoir has…
HAMILTON LAKE POOL HISTORY PAGE 8
HAMILTON LAKE TYPE WELL 140 D,C,E&T cost of 120 850K High rate of return Oil Production Rate (bopd) 100 inventory of both Tier 1 80 and Tier 2 type wells provide flexibility in 60 low commodity price environments 40…
CONSORT AREA 40 Net sections Moderate risk small e exploration upside 22 bypass pay wells Core samples Oil stained drill cuttings Seismic control Offset in all directions by Viking oil producers Horizontal wells planned as a…
SUMMARY Inventory of high-quality, low decline, large light oil in place pool 125 net sections of land in the prolific Alberta Viking fairway Upside potential includes horizontal drilling of Viking Unit, waterflood…
APPENDIX
PVR Yearly Schedule & Metrics PVR Structure well within Toros operational capability (all amounts in bbls/d) 8 million 4 million Production coverage on the 8 well commitment addresses PVR barrels for first 6 years alone Year…
BUILDING A SIGNIFICANT PRESENCE East Central AB & West Central SK Viking Land Holders 800 700 Net Sections of Land 600 500 400 300 200 Acquired in 2015 100 0 Toro controls 125 net sections of 100% WI operated…
Hamilton Lake Viking Oil Pool PAGE 15
VIKING TYPE WELL COMPARISON 100 75 Oil Production (bopd) 50 25 0 0 6 12 18 24 30 36 Months on Production Toro Tier 1 Toro Tier 2 Raging River (525) Beaumont Hz (202) Crescent Point (448) Spur (154) Spyglass…
TORO MANAGEMENT TEAM Barry Olson, President & CEO, Director 30+ years of engineering and senior management experience in the oil & gas industry Founder, President & CEO of Orleans Energy Ltd.: A TSX listed company that grew to 4,700…
TORO MANAGEMENT TEAM Neil Wilson, P.Eng., Vice President Engineering 20+ years of experience in field operations, reservoir engineering, A&D, and other senior management roles Independent Engineering Consulting, providing engineering…
BOARD OF DIRECTORS BANKER Chris Seasons NATIONAL BANK Independent Businessman 30 years of oil and gas technical management experience Past President of Devon Canada Corp. Former Chairman of the Canadian Association of Petroleum…
CONTACT INFORMATION TORO OIL & GAS LTD. 2200, 250 5th Street SW Calgary, AB T2P 0R4 Phone: 403-237-9996 Fax: 403-264-0416 Emergency phone: 403- 770-6832 Barry Olson President & CEO, Director Phone: 403-648-6801 Email:…
Loading...
