Strategic Acquisition and Concurrent Equity Financing June 2, 2015
Forward Looking Information Advisory In the interests of providing Tidewater Midstream and Infrastructure Ltd. (Tidewater or the Corporation) shareholders and potential investors with information regarding Tidewater, including managements…
Tidewater Company Review 3
Tidewater Is A High Growth Midstream Company IPO on April 15, 2015, TWM on TSX-V; current market cap: 19 MM (1.56 per share) Strategy to capitalize on Canadian natural gas liquids (NGLs) market opportunities through acquisition of…
Board & Management Has A Strong Track Record Energetic and motivated team, which has previously achieved 20 fold returns in prior companies; most recently, Predator Midstream Ltd. (crude-by-rail) and Predator Oil Ltd. (upstream oil)1…
Predator Midstream Ltd. Case Study Prior entity of Tidewater team demonstrated exceptional returns while earning an outstanding reputation with producers and customers Q1 2013: July 2013: January 2014: March 2014: Developed and Moved…
Acquisition and Financing 7
Acquisition Financing Summary of Terms & Pro Forma Tidewater Summary Equity Financing Offering Terms Pro Forma Tidewater Summary Tidewater Midstream & Vertically integrated operator of NGL / gas Issuer Infrastructure Ltd.…
Strategic Acquisition of a Deep Cut Gas Processing Facility Tidewater has acquired a 63% operated working interest in a deep cut gas processing facility in the West Pembina of Alberta , including related pipelines for 180 MM (the…
Acquisition Investment Highlights C28 MM of EBITDA with enhancement potential through optimization and growth Strong Cash Flow 70% of facility EBITDA contracted under take-or-pay contracts ranging from 3 to 10 Profile years backed by…
Highly Contracted Acquisition With 70% EBITDA From Take or Pay The Acquired Facility has been operating at or near-capacity over the past twelve months 70% of facility EBITDA contracted under take-or-pay contracts ranging from 3 to 10…
Highly Economic Production Area Attracting Significant Capital Investment from Diverse Producer Universe From January to March, 2015 there have been 231 rigs released Significant Drilling 165 wells licensed in the area over the past…
Strong Area Production Growth 230 wells were drilled in 2014 which increased area production additions by 25% over 2013 Though gas production in the area has historical come primarily from the Cardium, year-over-year growth of 25%…
Production in Area Continues to Grow From Diverse Producer Group Liquids rich gas production by large producers driving strong demand for deep cut facilities 15+ producers have active production in the area No single producer…
Acquisition Lays Footprint for Near-term Growth Acquisition provides platform for Tidewater growth and dividend Tidewater pursuing a number investment opportunities to build on the Acquisition Acquisition optimization Additional…
Tidewater Pro Forma Capital Structure Pro Forma Enterprise Value of 210 MM Zero debt expected with the execution of the Underwriters Option, with available debt capacity based on infrastructure assets Tidewater Current and Pro…
Rights of Action for Damages or Rescission The following statutory rights of action for damages or rescission will only apply to a purchaser of securities of Tidewater in the event that this corporate presentation is deemed to be an…
Rights of Action for Damages or Rescission Such rights of rescission and damages are subject to certain limitations including the following: (a) if the purchaser elects to exercise its right of rescission against the issuer, it shall have…
Notice to Investors All purchasers of securities will be required to execute a subscription agreement, which will contain representations, warranties, covenants and acknowledgments of the purchasers required by the relevant regulatory…
Contact Information Tidewater Midstream and Infrastructure Ltd. 1110, 505 3rd Street S.W. Calgary, AB T2P 3E6 Phone: +1 (403) 880-2969 Fax: +1 (403) 770-8295 www.tidewatermidstream.com Joel MacLeod Chairman, President & CEO Email:…
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