Skip to main content January 2016 Corporate Update – Athabasca Oil Corp Investor Presentation | Shale Experts
Loading...
Pm

January 2016 Corporate Update – Athabasca Oil Corp

Athabasca Oil Corp · Jan 28, 2016 · 24 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. January 2016 Corporate Update – Athabasca Oil Corp – slide 1
    ATHABASCA OIL CORPORATION FOCUSED EXECUTING DELIVERING JANUARY 2016 CORPORATE UPDATE
  2. January 2016 Corporate Update – Athabasca Oil Corp – slide 2
    ATHABASCA INVESTMENT HIGHLIGHTS 2 ALBERTA ASSETS Light Oil JV with Murphy Oil Corporation announced Jan. 2016 o Operated Montney at Placid (60,000 acres, 70% WI) MATERIAL o Non-operated Duvernay at Kaybob (200,000 acres, 30% WI)…
  3. January 2016 Corporate Update – Athabasca Oil Corp – slide 3
    3 EXECUTION TRACK RECORD PRODUCTION GROWTH LIGHT OIL RESERVES GROWTH 16,000 Thermal 60 14,000 Light Oil (Gas) LIght Oil 2P Reserves (mmboe) Light Oil (Liquids) 50 12,000 Production (boe/d) 10,000 40 8,000 30 6,000…
  4. January 2016 Corporate Update – Athabasca Oil Corp – slide 4
    4 LIGHT OIL JOINT VENTURE WITH MURPHY OIL STRATEGIC RATIONALE o Corporate o Reduce development risk profile while maintaining upside potential o Strengthen balance sheet and facilitate debt refinancing o Montney o Material operated…
  5. January 2016 Corporate Update – Athabasca Oil Corp – slide 5
    5 JOINT VENTURE MAP Greater Kaybob Assets AOC 30% WI in 200,000 Duvernay acres 6,900 boe/d gross (Dec. average) Greater Placid Assets 70% WI in 60,000 Montney acres 900 boe/d gross (Dec. average)
  6. January 2016 Corporate Update – Athabasca Oil Corp – slide 6
    2016 CAPITALIZATION AND GUIDANCE 6 2016 GUIDANCE PRO FORMA JV* CAPITALIZATION (ATH-TSX) o CAPITAL: 35 40MM (excl. 8MM cap G&A) Share Price (January 26, 2016) 1.42 /sh o Light Oil: 25 30MM Basic shares outstanding 404 MM o Thermal…
  7. January 2016 Corporate Update – Athabasca Oil Corp – slide 7
    MONTNEY OVERVIEW
  8. January 2016 Corporate Update – Athabasca Oil Corp – slide 8
    8 REGIONAL MONTNEY OVERVIEW HIGHLIGHTS MONTNEY ACTIVITY & IP90 HEAT MAP o 185 Montney wells regionally o Top wells concentrated at Placid, Bigstone and T64 Waskahigan o Validates liquids rich sweet spot at Placid T63 (AOC 8-20…
  9. January 2016 Corporate Update – Athabasca Oil Corp – slide 9
    9 PLACID MONTNEY: TOP QUARTILE REAL ESTATE ASSET HIGHLIGHTS (70% WI) 5 PLACID MONTNEY 3 5 o 25,000 acres o Prospectivity in two Montney cycles T61 o 90 Montney C locations1 1 o 75 Montney D locations1 9-26 2 2016 ACTIVITY…
  10. January 2016 Corporate Update – Athabasca Oil Corp – slide 10
    DUVERNAY OVERVIEW
  11. January 2016 Corporate Update – Athabasca Oil Corp – slide 11
    11 THE DUVERNAY IS A WORLD CLASS RESOURCE UNCONVENTIONAL PLAYS IN o Large in place resource NORTH AMERICA WORLD o High liquids yield: 100 -1,000 bbl/MMcf liquids CLASS RESOURCE o Initial results compare favorably to the Eagle Ford…
  12. January 2016 Corporate Update – Athabasca Oil Corp – slide 12
    KAYBOB DUVERNAY EXPOSURE; LIQUIDS AND OVERPRESSURE DRIVES ECONOMICS 12 GREATER KAYBOB DUVERNAY EXPOSURE HIGH QUALITY LIQUIDS KAYBOB Volatile Oil1 EAST Land: 156,000 acres 8-18 45API Locations: 1,300 WI: 30% 12 Kaybob East…
  13. January 2016 Corporate Update – Athabasca Oil Corp – slide 13
    DUVERNAY OBJECTIVES 13 HIGHLIGHTS & ACTIVITY KAYBOB WEST WELL COSTS o 95% of acreage held into the intermediate term 20 Complete 70 Drill Drilling Days (Spud to Rig Release) o 4 well cost demonstration pad at Kaybob West…
  14. January 2016 Corporate Update – Athabasca Oil Corp – slide 14
    CONTROL OF STRATEGIC INFRASTRUCTURE 14 R26 R24 R22 R20 R18 R16 R14W5 Total Battery Capacity (gross) Gas Pipeline (gross) T67 T67 Oil Capacity 36,000 bbl/d Gas Up to Capacity 180 MMcf/d 84 MMcf/d, Gas Capacity expandable to 130…
  15. January 2016 Corporate Update – Athabasca Oil Corp – slide 15
    HANGINGSTONE OVERVIEW
  16. January 2016 Corporate Update – Athabasca Oil Corp – slide 16
    16 HANGINGSTONE DEVELOPMENT HANGINGSTONE PROJECT 1 (12,000 BBL/D) HANGINGSTONE INFRASTRUCTURE o First steam at the end of Q1 2015 TCPL o December average 7,400 bbl/d Natural Gas Mainline o Successfully tied-in to Enbridge sales…
  17. January 2016 Corporate Update – Athabasca Oil Corp – slide 17
    AOC LEARNINGS LEADING TO SUCCESS; 17 EXPECTED OPERATING CASH FLOW HANGINGSTONE REVENUE & COSTS 60 Costs (Blending, Operations, Transportation, LEARNINGS APPLIED Royalties, Capitalized Op. Costs) Dilbit Revenue 50 Drilled more…
  18. January 2016 Corporate Update – Athabasca Oil Corp – slide 18
    SUPPLEMENTAL INFORMATION
  19. January 2016 Corporate Update – Athabasca Oil Corp – slide 19
    PLACID MONTNEY WELL SUMMARY 19 Well UWI Dates & Drilling Summary Completions Summary Production** Spud On Prod. Spud - RR Lateral Stages Proppant IP90 Cum. Production To Date mmm-yy mmm-yy days m lb/ft boe/d % liquids bbl/mmcf*…
  20. January 2016 Corporate Update – Athabasca Oil Corp – slide 20
    KAYBOB DUVERNAY ACTIVITY UPDATE 20 12 14 25,26 6 9 7 8 1 18 5 19 17 15 21-24 10 4 13 11 3 2 0 16 Apache Chevron Conoco Encana Hitic Shell Talisman Trilogy XTO Other Trilogy Partial Apache Partial AOC Duvernay…
  21. January 2016 Corporate Update – Athabasca Oil Corp – slide 21
    KAYBOB DUVERNAY WELL SUMMARY 21 Duvernay Well Summary Well UWI Key Dates Drilling Summary Completions Summary Production Spud On Prod. Spud - RR Lateral Stages** Proppant Loading IP30**** Cum. Production To Date*** mmm-yy mmm-yy…
  22. January 2016 Corporate Update – Athabasca Oil Corp – slide 22
    22 DEBT AND CREDIT FACILITY OVERVIEW CREDIT FACILITIES CURRENT INTEREST RATE PRE-PAYMENT TERMS Cdn 125MM senior secured revolving credit facility due 2017* 125 5% Pre-payable without penalty Undrawn US 50MM senior secured term…
  23. January 2016 Corporate Update – Athabasca Oil Corp – slide 23
    ALBERTAS OIL SANDS 23 A GLOBAL ENVIRONMENTAL LEADER HIGHLIGHTS o Canada, with 0.5% of the worlds population, produces about 2% of global CO2 emissions o Oil sands accounted for 8.5% of Canada GHG emissions and about 0.13% of global GHG…
  24. January 2016 Corporate Update – Athabasca Oil Corp – slide 24
    24 MANAGEMENT TEAM AND BOARD MANAGEMENT TEAM BOARD OF DIRECTORS Rob Broen, P.Eng. Thomas Buchanan, FCA President & Chief Executive Officer Chair Kim Anderson, CA Ronald Eckhardt Chief Financial Officer Lead Director, Chair of the…

From the store

Browse maps, data & reports in the Shale Experts store