Marquee Energy Ltd. TSX Investor Day New York September 2015 TSX-V: MQL OTCQX: MQLXF www.marquee-energy.com Prospering In Challenging Times 1
Presentation Outline 1) Who is Marquee 2) How is Marquee prospering in these challenging times 3) Marquee moving forward 4) Why participate with Marquee 3
Who is Marquee A company that has grown from 0 boed to greater than 5,000 boed in 4 years Growth achieved through a combination of drilling and strategic acquisitions Established an operated,high working interest,…
Marquee Snapshot Shares Outstanding: 120.3 MM Market Cap:(Sept 25, 2015) 61 MM Net Debt: 48.8 MM Insider Ownership: 14%/18.5% FD Production: 5,326 boed (1H 2015 average) Reserves (2014 year end) Volume Value Proven 12.8…
Why will Marquee continue to prosper in these challenging times 1) Focus/Scope/Control Land Inventory Control pace of development Infrastructure 2) Balanced Strategy of Drilling & Strategic Core Area Acquisitions 3) Consistent…
Balance of Focused Non Dilutive Acquisitions with High Impact Drilling Feb 25, 2015 330 boed (79% oil) 30 net Undev sections 40 net locations Acquisition Costs 50,000/boed 2P 4.58/boe Aug 13, 2015 550 boed (25% oil) 21 net…
CORE AREA FOCUSED GROWTH P R O D U C T I O N AT M I C H I C H I H A S INCREASED B Y 350% SINCE 2013 MQL Production by Area 2015E MQL Production by Area 2014 MQL Production by Area 2013 MICHICHI MICHICHI 83.2% MICHICHI…
MICHICHI WELL PERFORMANCE 250 Michichi at a Glance Calendar Day Rate, BOE/D 200 Light Oil 32- 34 150 Oil & Liquids Weighting 65% 100 Capital (US) 1.5MM (Drill, Complete Equip, Tie-in) 50 Expected IP30 Rate (186 BOE/D)…
MICHICHI WELL ECONOMICS 1 2.0 MM capital and constant dollar pricing used for all cases 2 11 Realized Canadian price includes 8% WTI/Cdn Light Differential and MQL 6.75 quality / transportation offset
Well Economics Michichi Peters Sept. 2015 12
Canadian Oil and Natural Gas Plays Half-Cycle Payout Period 5.0 4.5 4.0 3.5 3.0 2.5 2.0 1.5 Oil Plays 1.0 0.5 0.0 Michichi (MQL internal) Source: Peters & Co. Limited estimates based on US60/B WTI and C3.25/Mcf AECO…
Marquee Moving Forward REDUCTIONS IN CAPITAL COST STRUCTURE Drilling Cost Per Meter Advancements to Marquees drilling design and operations process have successfully decreased 2,000 drilling costs over time. 1,500 Cost/Meter…
MQL COST STRUCTURE AND POTENTIAL ASSET VALUE Historical Performance Potential Asset Value - Cost Structure and Production Growth Peer Comparison (1)(2) 36.00 45.0 32.00 44.0 BOE/d per MM Shares Outstanding 28.00 43.0…
MARQUEE HIGHLIGHTS WHY INVEST R R R R R R Solid Top-quartile Large land Continuous Strong balance 100% owned production well base and improvements sheet infrastructure performance economics drilling in cost structure…
RECENT ACHIEVEMENTS AND NEAR TERM CATALYSTS 2014 Achievements: 2015 Catalysts: R Improved consistency and magnitude of well results: positive Summer drilling program: (3-4 HZ Michichi wells) to add adjustment to type curve and…
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