Corporate Profile Corporate Profile Founded in 1974; IPO in 1978 TSX: POU Market Cap: 106.2 MM shares 10.50/share 1.1 Billion 50% insider ownership Net Debt (Sept 30, 2015): 1.8 Billion 2015 Capital Guidance: 490 MM Low…
Deep Basin Resource Paramount Acreage (gross): 500 Sections Cretaceous Rights 364 Sections Montney Rights 209 Sections Duvernay Rights Deep Basin liquids-rich gas resources in multiple stacked horizons 40-160 Bcf/section DGIIP…
Cretaceous Gas Resource Hz Dunvegan well at Hz Falher well at Musreau Resthaven Tested 16.4 MMcf/d(1) at Tested 11.3 MMcf/d(1) at 20.8 MPa 6.2 MPa IP: 12.0 MMcf/d IP: 8.3 MMcf/d Cost: 8.6 MM d/c/t in 2010 Cost: 8.3 MM d/c/t in…
Cretaceous Economics Assumptions Capital: 7.0 MM horizontal well IP30: 9.0 MMcf/d Natural Gas (raw): 4.9 Bcf Raw Condensate Gas Ratio (CGR)(1): 17 Bbl/MMcf C2-C4 NGLs: 61 Bbl/MMcf Deep Cut Facility Economics(2) 2.75 AECO…
Montney Gas Resource Liquids-rich Montney gas play; Paramount holds 315 net sections of Montney rights Kaybob Montney Wells Natural Wellhead Gas(1) Liquids(1) CGR(1) Total MMcf/d Bbl/d Bbl/MMcf Boe/d Wells IP 30 4.4 617 139…
Montney Rich Well Economics Rich Montney Wells (1) Gas Liquids CGR Total Wells MMcf/d Bbl/d Bbl/MMcf Boe/d IP 30 5.0 606 122 1,436 32 IP 90 4.1 408 99 1,098 26 IP 180 3.1 278 91 790 16 IP 270 2.4 185 77 587 10 Wells < 30 days…
Montney Ultra Rich Well Economics Ultra Rich Montney Wells(1) Gas Liquids CGR(1) Total Wells MMcf/d Bbl/d Bbl/MMcf Boe/d IP 30 2.3 824 364 1,200 8 IP 90 1.9 581 313 890 8 IP 180 1.5 458 296 715 8 IP 270 1.8 456 258 751 4…
Montney Drilling/Completion Improvements Pad drilling/pad layout Bits/muds/motors Well design: monobores/orientation/reservoir placement Toe up/toe down: effects on production Natural gas fueled rigs Plug and perf/sliding…
Montney Well Cost Progression Key Points Expected Well Cost (MM) 1.0 Mile 1.5 Mile (MM) Lateral Lateral Drill 4.3 5.1 Complete 3.9 5.8 Equip/Tie in. 1.0 1.0 Total 9.2 11.9 1.0 mile well cost reductions from 2014 to 2015:…
Musreau 8-13 Complex October 13, 2014
Deep Basin Processing Capacity Gross Net POU Potential Raw Gas Raw Gas Sales Capacity Capacity Volumes MMcf/d MMcf/d Boe/d (1) Musreau Deep Cut Facility 200 200 50,000 Musreau Refrig Facility 45 45 8,500 Smoky Deep Cut Facility…
Deep Basin Processing Capacity (1) (1) Please refer to the heading Deep Basin Processing Capacity in the Advisories section for further information. 14
Paramount Deep-Cut Montney - Illustrative Project Economics Paramounts shallow rights will add substantially to the RLI Paramount has de-risked a substantial amount of its land base and thus could have the potential to add a series…
Willesden Green Duvernay Shale Play 64,452 (34,305 net) acres of land Drilled and completed 3 (2.5 net) Hz Duvernay wells to date: 03/16-13-39-5W5: 1,000 Bbl/MMcf 7-19-39-5W5: 200 Bbl/MMcf 3-28-39-5W5: 500 Bbl/MMcf Two standing…
Montney Valhalla: 65 sections (49 net) Montney/60 sections (44 net) Doig rights Montney/Doig Play 16 wells tied in at restricted rates (midstream constraints) Montney wells tested 3.0 - 12.5 MMcf/d + NGLs/Condensate(1) Doig wells…
Paramount Investments
Paramount Investments 20
Paramount 100% Subsidiary Investments (1) Independent evaluation by McDaniel & Associates Consultants Ltd. effective December 31, 2014 Please refer to Oil Sands Measures and Definitions in the Advisories section of this presentation…
Quarterly Operating Results 22
Conventional Reserves Columns may not add due to rounding. Conventional reserves only. Includes nominal amounts of estimated reserves in respect of Paramount's initial shale gas well at Patry, B.C. Reserves evaluated by McDaniel…
Summary Exposure to significant reserve opportunities Deep Basin: Cretaceous, Montney Valhalla: Montney, Doig Birch: Montney Willesden Green: Duvernay Significant asset value Trilogy MEG Energy Cavalier Energy Liard Shale Gas…