EXPERTISE QUALITY INCOME TSX: EGL.UN EAGLE ENERGY TRUST Investor Presentation August 2015
Strategy Eagle is created to provide investors with a sustainable business while delivering stable production and overall growth through accretive investments and acquisitions. Eagles trusted management team brings Expertise an…
Transaction Announcement(1) On July 22, 2015, Eagle announced an acquisition of a private oil and gas company. The transaction is valued at 30 million and will be funded out of Eagles existing credit facility of US 85 million. It will…
Corporate Profile(3) Current Estimated Production 3,750 boe/d Production Guidance (pre-acquisition) 2,950 - 3,150 boe/d Production Split 90% light oil 2015 Ending Debt to Trailing Cashflow 2x(1) 2015 Corporate Payout…
Market Data Ticker TSX: EGL.UN Units Outstanding (basic) 34.9 million 52 Week Range 1.58 - 6.69 Recent price 1.76(1) Average daily trading volume (30 day) 62,248 units Market Cap 61 million Directors & Officers Ownership 2.9%…
Highlights for the Three Months Ended June 30, 2015 Continued financial flexibility and operating performance despite a low commodity price cycle Second quarter average working interest sales volumes of 3,034 boe/d (96% oil, 2% natural…
Permian for Dixonville Our Vision In Action A rebalancing of our asset portfolio in December 2014 improved our sustainability Bought Dixonville Sold Permian Property(1) Benefit to Eagle Property(2) Sale / Purchase US 140 MM CA…
Exercising Fiscal Prudence and Discipline in a Low Commodity Price Market Strong Sustainable Stable Capital Distributions Balance with Growth Production Discipline Sheet Potential 10
Where We Operate Eagle owns stable, oil producing properties with development and exploitation potential located in Canada (NW Alberta) and in the US (Texas and Oklahoma). Dixonville Properties, AB: Located 50 kms northwest of…
CDN Properties Dixonville (Alberta) 50 km from Peace River 50% non-operated working interest in a horizontal oil waterflood in the Montney C Formation operated by Spyglass Resources Corp. Primary development started in 2004 with…
CDN Properties Dixonville (Alberta) A premier waterflood in Western Canada Low decline, high netbacks Low abandonment liabilities due to long life asset Long-term potential Decline rate below 10% Reserve life index Total Proved -…
US Properties Salt Flat (Texas) Light oil producing o 35 API oil from the Edwards limestone formation, located in the Salt Flat field in Caldwell County, South Central Texas Acquired an 80% working interest in 2010 Low cost…
US Properties Hardeman (Texas & Oklahoma) Light oil producing o 45 API oil from the Chappel and Atoka Conglomerate formations located in Hardeman County, Texas and Greer, Harmon and Jackson Counties, Oklahoma 79,000 gross acres…
2014 Year-End Reserves(1) Excellent year over year reserve performance Total proved plus probable reserves of approximately 16 million boe (71% proved, 61% proved producing) PV10 value on total proved reserves of approximately 216…
2014 Year-End Reserves Highlights +88% Strong increase in proved developed producing (PDP) reserves +29% Increase in net present value of PDP reserves (discounted at 10%) +4% Increase in total proved reserves volumes 145%…
2015 Guidance (excluding the acquisition, which is expected to close end of August, 2015) 2015 Guidance Capital Budget 13.7 MM Working Interest Production 2,950 to 3,150 boe/d Operating Costs per Month(1) 1.8 to 2.0 MM Funds…
2015 Capital Budget Eagles 2015 capital budget is 13.7 million: Texas and Oklahoma (US 9.9 MM) Salt Flat Property 3 (3.0 net) horizontal oil wells Seismic processing, horizontal pump installations Hardeman Property 3 (3.0 net)…
Hedging Program Eagle has price protection on 35% of its production for 2015 (pro forma the acquisition). The mark-to-market value of Eagles hedges as of June 30, 2015 is CAD 3.5 MM 500 bbl/d hedged at US 65 WTI for 2016 1800…
Management Experience Eagles management team has an average of 25 years of experience Years 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 Eagle - President & Richard Clark Corporate Finance Law…
Value Proposition Why Invest in Eagle Strong balance sheet Stable production base Capital discipline Experienced management team Predictable monthly income 22
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Management Richard Clark, B.A. (Econ), LLB, Director, President and Chief Executive Officer 19 years in the legal profession as a founding partner at a boutique oil and gas law firm, then 10 years at a Canadian national law firm,…
Management Continued Scott Lovett, M.Sc., MBA, P.Eng, Vice President, Corporate & Business Development Over 18 years experience in the oil and gas industry, including reservoir evaluations, acquisitions and divestments, business…
Board of Directors David Fitzpatrick, P.Eng., Chairman Former Chief Executive Officer of Shiningbank Bruce Gibson, CA, Chair of Audit Committee Former Chief Financial Officer of Shiningbank Warren Steckley, P.Eng., Chair of…
Production History Current working interest production of approximately 3,750 boe/d (pro forma acquisition) 4,000 3,500 Average WI Production per Quarter (boe/d) 3,000 2,500 2,000 1,500 1,000 500 0…
Contact Kelly Tomyn, CFO Tel: (403) 531-1574 Eric McFadden, VP, Capital Markets & Business Development Tel: (587) 233-1799 Richard W. Clark, President and CEO Tel: (403) 531-1575 Eagle Energy Inc. Eagle Hydrocarbons Inc.…
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