EXPERTISE QUALITY INCOME TSX: EGL.UN EAGLE ENERGY TRUST Investor Presentation November 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…
Strategic Canadian Acquisition(1) On August 20, 2015, the Trust acquired Privateco with petroleum assets in the Twining field in Alberta. The cost to assume Privatecos debt, working capital and acquire its equity totaled 27.3 million…
Corporate Profile Current Estimated Production 3,750 boe/d 2015 Full Year Production Guidance 3,150 to 3,350 boe/d Production Split 93% light oil 2015 Ending Debt to Trailing Cashflow 2.3x(1) 2015 Corporate Payout…
Market Data Ticker TSX: EGL.UN Units Outstanding (basic) 34.8 million 52 Week Range 1.45 - 4.82 Recent price 1.70(1) Average daily trading volume (30 day) 66,121 units Market Cap 59 million Directors & Officers Ownership 2.9%…
Highlights for the Three Months Ended September 30, 2015 Continued financial flexibility and operating performance despite a low commodity price cycle On August 20, 2015, the Trust acquired a private oil and gas company (Privateco) with…
Exercising Fiscal Prudence and Discipline in a Low Commodity Price Market Strong Sustainable Stable Capital Distributions Balance with Growth Production Discipline Sheet Potential 8
Where We Operate Eagle owns stable, oil producing properties with development and exploitation potential located in Canada (Alberta) and in the US (Texas and Oklahoma). Twining Field Properties, AB: Located in the Pekisko oil pool…
CDN Properties Twining Field (Alberta) Pekisko Type Log 100/02-07-032-24W4/00 GR L1_SONIC_POROSITY_CALC CORE_KMAX_SHIFTED 0 150 0.15 -0.05 0.1 1000 CAL CORE_POROSITY_SHIFTED IL 125 375 0.15 -0.05 0.1 1000 T33N-R25W T33N-R24W…
CDN Properties Twining Field (Alberta) The largest Pekisko oil pool in the WCSB Will allow Eagle to sustain a current corporate production rate of approximately 3,750 boe/d for over 5 years Significant upside potential 10 horizontal…
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. In the event the operator sells this…
CDN Properties Dixonville (Alberta) A premier waterflood in Western Canada Low decline property Low abandonment liabilities due to long life asset Long-term potential Decline rate below 10% Reserve life index Total Proved - 15…
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 2015 Guidance Capital Budget(1) 16.2 MM Working Interest Production 3,150 to 3,350 boe/d Operating Costs per Month(2) 2.0 to 2.2 MM Funds Flow from Operations(3) 28.4 MM Debt to Trailing Cash Flow 2.3x Field Netback…
2015 Capital Budget Eagles 2015 capital budget is 16.2 million: Texas and Oklahoma (US 11.4 MM) Salt Flat Property 3 (3.0 net) horizontal oil wells Seismic processing, horizontal pump installations Hardeman Property 5 (5.0 net)…
Hedging Program Eagle continues to maintain a prudent hedging program 35% of production for 2015 1,290 barrels of oil per day hedged at an average WTI price of US 69.72 in the third quarter of 2015 Eagle has 1,000 barrels of oil per…
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 4,000 3,500 Average WI Production per Quarter (boe/d) 3,000 2,500 2,000 1,500 1,000 500 0 2015 Q1/11 Q2/11 Q3/11…
Crude Oil Price Comparison 110.00 100.00 90.00 80.00 70.00 60.00 50.00 40.00 30.00 WTI (NYMEX) - Cushing (US/bbl) CDN Light Sweet (CDN/bbl) WCS (CDN/bbl) Eagles production in Texas and Oklahoma has realized a…
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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