Corporate Strategy Establish funding capability to effectively capture economic value from its Middle Montney, Wilrich, & Dunvegan assets (Full Development Plan) 100MM equity financing to be pursued in the fall of 2015 Subsequent…
Summary of Key Assets Kakwa Core Montney Asset, Primary Growth Engine 3,180 boe/d, 34% liquids (Q2 2015) Stacked development horizons with drilling results confirming top tier reservoir characteristics and well performance within…
Current Corporate Highlights Substantial proven development of condensate-rich Montney in the highly prolific Kakwa area Key offset operators include Seven Generations Energy Ltd. (7G), Paramount Resources Ltd. (POU), and ExxonMobil…
Mosaic Energy Ltd. Reserves Growth Driven By Kakwa Area Reserves Composition 3% 34% (60% Pentanes) 63% Natural Gas NGLs Oil July 1, 2015 Report (Sproule) Kakwa/Resthaven Area F&Ds Reserves FDC (2) & Re-cycle Ratio…
Moving Towards Kakwa Full Development Mosaic is positioned to realize full development plan production and cash flow ramp-up by April 2018 Near term funding represents final equity injection facilitating full development and long term…
Additional Growth Potential Drilling Inventory Mosaic Cumulative Booked+Unbooked Horizontal Locations Total Potential Total Net Total Potential Recoverable Potential Future Capital % Liquids Resource 0 100 200 300 400 500 600…
Kakwa Stacked Horizontal Development Mosaic holds 95,000 gross acres within the highly prospective Kakwa area of Alberta 100% operated Dunvegan: 72,300 gross acres (80% WI) Wilrich: 57,600 gross acres (83% WI) Montney: 28,800…
Prime Acreage in Proven Kakwa Montney Fairway Mosaics Montney land is located in the prolific, liquids rich Kakwa/Resthaven fairway Mosaic lands de-risked through 8 Mosaic HZ wells (2 awaiting completion) and numerous offset…
Montney Economics Enhanced by High Liquids Prolific deliverability and significant free IRR Sensitivity to WTI Oil Price 2.50 & 3.50/MMBTU AECO(1) liquids driving top tier returns 120 High condensate yields deliver robust returns,…
Kakwa Montney First Development Layer Booked, Significant Un-booked Potential Remains Mosaic has booked 25% of the estimated ultimate number of Montney Reserves Locations locations within the Montney Single Layer of Middle Montney…
Offset Wilrich Results Have Demonstrated Play Potential Wilrich play has been proven through vertical well control and three Mosaic horizontals that each tested 18 mmcf/d High deliverability gas provides compelling stand-alone…
Wilrich Single Wells Economics Prolific gas deliverability and high EURs offer IRR Sensitivity to AECO Gas Price(1)(2) compelling returns at current prices and 100 10 significant torque to higher gas prices 80 8 NPV 10 (MM)…
Dunvegan Development Potential G F F D C H G C D R4 F A R3 R2W6 K E F K E H F E Dunvegan light oil play defined C F by 20 area vertical wells and I G F C K proven by four Mosaic G G I HG horizontals (1 mile…
Dunvegan Single Well Economics Oil weighted, high GOR production delivers IRR Sensitivity to WTI Oil Price 2.50 & 3.50/MMBTU AECO(1) robust returns 80 3.5 AECO 2.5 AECO High heat content associated gas contributes to 70 3.5 AECO…
Facility & Marketing Arrangements Are In Place Infrastructure and egress critical to executing business plan Mosaic has secured capacity and access over the near and medium term to align with the Kakwa development Expansion…
Summary Assets in the heart one of highest value areas in the Kakwa development fairway Substantial resource established with the bulk of the currently planned activity related to PDP conversion Quality plays that generate…
Appendix Supplementary Materials Mosaic Energy Ltd. 21
Kakwa Lower Montney Asset Potential F K DK R5 R4 R3W6H Paramount 7G Mosaic H G G H G I H K A G K G A A T65 FG H H C D D H T65 F L F A D I G G I F K C G 13-18-065-05W6 13-28-064-05W6…
Dunvegan Hz Well Results 02/16-28-061-03W6 BOE Production vs Type Curve 13-34-061-03W6 BOE Production vs Type Curve 800 800 22 x 42T Hybrid Slickwater 22 x 42T Hybrid Slickwater 700 1566m Lateral 700 1540m Lateral 53% Liquids, CTD =…