POSITIONED FOR LONG TERM SUSTAINABILITY TSX: SGY AUGUST, 2015
ELITE ASSETS FOCUSED IN THREE CORE AREAS Large OOIP pools in established conventional reservoirs Surge Production: Total: 14,250 boe/d (76% Oil & NGLs) (57% on AB Crown) Western Alberta Production: Total: 7,750 boe/d (66% Oil &…
CONVENTIONAL VS. UNCONVENTIONAL RESERVOIRS Surge targets reservoirs that sit on the conventional end of the permeability spectrum Ultimate Oil Recovery factors and Recovery rates of return increase as ROR reservoir…
TOP TIER CAPITAL EFFICIENCIES AND REPLACEMENT METRICS Large inventory with excellent economics using June 2015 strip pricing Areas/Formations Capital Rates of Drill/ Complete/ Mboe/well Core Area Locations Efficiency Return (1)…
UPPER SHAUNAVON Large contiguous undeveloped land position in the Upper Shaunavon trend R21W3 R19W3 Area/Pool Well Count Depth OOIP Cum Oil Peak Rate Current Rate T10 Instow Vt Hz (m) (MMbbl) (MMbbl) (bbl/d) (bbl/d) Instow 118…
Upper Shaunavon Pay Map Upper Shaunavon B Sand Hz Wells (136) Surge Lands 136 Wells Upper Shaunavon Wells (136) Used In Lognormal Distribution Plots in Blue By Year RR 6
7
SHAUNAVON DEVELOPMENT PLAN Increased cashflow and recovery through drilling and early waterflood implementation 8
VALHALLA 195MMbbls net OOIP in oil rich Doig and Doe Creek formations Valhalla Doig Doe Creek 130 MMbbls of net combined OOIP on Surges Valhalla Oil Pool and Wembley Lands (40 degree API light oil) Valhalla Rates of return of 62%…
VALHALLA DOIG Top play in Western Canada 10
VALHALLA PRODUCTION Recent Production vs SGY Type Curve IP60 Rate CUM (boe/d) (mboe) 2,293 138 2,271 136 2,812 39 14 days 830 50 114 7 IP180: 280 boe/d IP365: 220 boe/d EUR: 420 mboe 11
Loading...
