MARQUEE ENERGY LTD. DECEMBER 2015 TSX-V: MQL OTCQX: MQLXF www.marquee-energy.com 1
MARQUEE SNAPSHOT CURRENT PRODUCTION: 5,200 boed (BASED ON FIELD ESTIMATES) CORPORATE DECLINE: 22% 2015 CASHFLOW: 17-19 MM MARKET CAPITALIZATION: 57.74 MM (NOV 19, 2015) ENTERPRISE VALUE: 109.7 MM SHARES OUTSTANDING: 120.3 MM…
CORPORATE STRATEGY MAINTAIN a strong, flexible balance sheet. FOCUS on sustainable growth and manageable declines. DELIVER solid, repeatable results. SEEK additional reductions in capital and operating costs. CONCENTRATE on…
RECIPE FOR JUNIOR E&P SUCCESS CONSOLIDATED land position ACCESS to infrastructure and takeaway capacity AFFORDABLE well costs STRONG drilling results DEEP prospect inventory CONTROLLED pace 6
ASSET BASE OVERVIEW Alberta Saskatchewan Michichi 90% of total production Current Production = 4,700 boe/d 300 horizontal oil-focused drilling locations identified(1) 300 net undeveloped sections of land Edmonton Ownership…
BALANCING FOCUSED ACQUISITIONS WITH HIGH-IMPACT DRILLING BNP, Feb. 2015 300 boed(79% oil) 30 net undeveloped sections 40 net locations Acquisition Costs: 50,000/boed 2P 4.58/boe Centrica Aug. 2015 500 boed(25% oil) 21 net…
THE MICHICHI ADVANTAGE Extensive Oil Potential 10 million barrels of oil in place per section combined for Banff and Detrital zones in MQL focus area Waterflood upside Dominant Land Base 300 net undeveloped sections Crown land,…
MICHICHI WELL PERFORMANCE Michichi Well Performance 250 Expected IP30 Rate (186 BOE/D) 2014-2015 Drill Season Actuals 200 150 BOE/D 100 50 Michichi at a Glance - Light Oil 32- 34 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17…
MICHICHI WELL ECONOMICS Michichi Well Rate of Return 1,2 200% 0.80 180% 160% 140% 1.0 1.0 120% Rate of Return 100% 1.2 80% 1.2 Years 1.3 60% 1.7 Years 1.7 40% 2.6 Years MQL Michichi Type Curve 20% MQL…
MICHICHI REDUCTIONS IN CAPITAL COST STRUCTURE 2,500.00 Cost / Hz m Advancements to Marquees drilling design and 2,000.00 operations process have successfully decreased drilling costs over time. Cost/Meter 1,500.00 1,000.00…
MQL COST STRUCTURE AND POTENTIAL ASSET VALUE Historical Performance Potential Asset Value (PAV) Cost Structure and Production Growth Peer Comparison (1)(2) 36.00 45.0 60% Peer Companies MQL 32.00 44.0 40% BOE/d per MM Shares…
MARQUEE HIGHLIGHTS WHY INVEST R R R R R R Continuous Strong balance Solid Top-quartile Large land 100% owned improvements sheet production well base and infrastructure in cost performance economics drilling structure inventory…
RECENT ACHIEVEMENTS AND NEAR TERM CATALYSTS 2014 Achievements: 2015 Catalysts: RIMPROVED CONSISTENCY AND MAGNITUDE OF WELL RESULTS: SUMMER DRILLING PROGRAM: IP results and oil weighting positive adjustment to type curve and reserve…
ANALYST COVERAGE Peters & Co. National Bank Financial DALE LEWKO DAN PAYNE E: DLEWKOPETERSCO.COM E: DAN.PAYNENBC.CA P: 403-261-2215 P: 403-290-5441 Canaccord Genuity Corp. Acumen Capital ANTHONY PETRUCCI TREVOR REYNOLDS E:…
CONTACT US For more information, please contact: Main: 403-384-0000 Richard Thompson Fax: 403-265-0073 President, CEO & Director Address: 1700, 500-4th Ave SW Calgary, AB T2P 2V6 Email: rthompsonmarquee-energy.com Investor…
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EXPERIENCED MANAGEMENT TEAM Richard Thompson, President & CEO (since 2011) Former Executive Vice President/ Director of Cequence Energy Ltd. from 2008 to 2010 Former Vice President of Exploration at Cyries Energy Inc. from 2004 to…
STRONG GOVERNANCE Glenn Carley, BA, LLB., MBA, ICD.D Mr. Carley is the President of Selinger Capital Inc., a private investment company and has served as a Director of Marquee since December 5, 2011, and Chairman since May 2015. Mr.…
MQL HEDGES AS OF OCTOBER 1, 2015 Term Hedge Type Counterparty Volume Pricing July 1, 2015 to December 31, 2015 WTI fixed price National Bank 200 bbls/d Cdn 74.05/bbl July 1, 2015 to December 31, 2015 WTI fixed price National Bank…
2014/2015 PRODUCTION AND NETBACKS Q3-14 Q4-14 2014 Q1-15 Q2-15 Q3-15 Average Production 5,143 5,209 4,858 5,536 5,118 4,703 BOE/D Liquid Content 42% 46% 44% 50% 49% 45% 49.97 44.56 52.00 31.35 34.53 29.57 /BOE Sales Price 6.54…
RESERVES GROWTH Marquee Reserves Growth 25,000 Proved Producing Total Proved Total Proved plus Probable 20,000 15,000 MBOE 10,000 5,000 0 2011 2012 2013 2014 Apr-15 Reserves Category Light Oil Heavy Oil Gas NGL Total BT…
CONTINGENT OIL RESOURCE ASSESSMENT OCTOBER 15, 2015 INDEPENDENT CONTINGENT RESOURCES EVALUATION PERFORMED BY SPROULE ASSOCIATES LIMITED IN THE MICHICHI AREA: The contingent resource estimates contained in the Sproule Resource…
LLOYDMINSTER PERFORMANCE 2014 Lloydminster Well Results 100 Regional/Sparky 90 McLaren 80 HZ MQL 2014 Wells 70 * BOE/D 60 To be optimized + Well bore damage 50 40 30 20 10 0 + * * * Wells (Chronologically…
MARQUEE HISTORY Closed PVR sale on Entered into a Closed property Received Acquired gas plant, Closed bought deal Lloyd property for reorganization and acquisition at shareholder approval gathering system Closed transaction to…
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