Corporate Profile Corporate Profile Founded in 1974; IPO in 1978 TSX: POU Market Cap: 106.2 MM shares 4.00/share 0.4 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 361 Sections Montney Rights 178 Sections Duvernay Rights Deep Basin liquids-rich gas resources in SECONDARY multiple stacked horizons 40-160…
Cretaceous Gas Resource Hz Dunvegan well at Hz Falher well at Musreau Resthaven IP: 12.0 MMcf/d IP: 8.3 MMcf/d Cum production to 12/15: Cum production to 12/15: 5.1 Bcf 5.3 Bcf 57 MBbl NGLs 77 MBbl NGLs Cost: 8.6 MM d/c/t in…
Cretaceous Economics Assumptions Capital: 6.2 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) 2.50 AECO…
Montney Gas Resource Liquids-rich Montney gas play; Paramount holds 313 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 4.0 652 165…
Montney Rich Well Economics (1.0 - Mile Lateral) Rich Montney Wells (1) Gas Liquids CGR Total Wells MMcf/d Bbl/d Bbl/MMcf Boe/d IP 30 4.9 594 122 1,411 33 IP 90 4.2 403 97 1,103 30 IP 180 3.3 282 87 832 25 IP 270 2.6 212 82…
Montney Rich Well Economics (1.5 - Mile Lateral) Assumptions Capital: 10.2 MM horizontal 1.5-mile lateral well IP30: 5.4 MMcf/d (restricted) Natural Gas (raw): 5.0 Bcf Raw Condensate Gas Ratio (CGR)(1): 171 Bbl/MMcf (IP30) (72…
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 2.3 850 375 1,233 18 IP 90 1.8 561 315 861 9 IP 180 1.5 458 296 708 8 IP 270 1.6 433 277 700 6…
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…
Completion Cost Improvements (/Tonne) /Tonne 12
Montney Well Cost Progression Key Points Expected Well Cost (MM) 1.0 Mile 1.5 Mile (MM) Lateral Lateral Drill 3.5 4.2 Complete 3.4 4.9 Equip/Tie in. 1.3 1.1 Total 8.2 10.2 Lower drilling costs due to lower day rates for rigs and…
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…
Illustrative Deep-Cut - Current Sales Mix Raw Gas 150 MMcf/d Shrinkage 23% Yield Price Bbl/MMcf Deep-Cut Sales Gas 2.50/Mcf 116 MMcf/d 290,000 Condensate 40.00/Bbl 70 10,500 Bbl/d 420,000 Butane 30.00/Bbl 10 1,500 Bbl/d 45,000…
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 (1.5 net) Hz Duvernay wells to date: Cumulative production to October 31,2015 Natural Gas Oil and NGLs MMcf MBbl 03/16-13-39-5W5 88.7…
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) Evaluating long term production/economics to determine future…
Paramount Investments
Paramount Investments 22
Paramount 100% Subsidiary Investments (1) As publicly disclosed by a large U.S. public E&P company with significant landholdings in the Liard Basin. The resource evaluation disclosed by such E&P company was not noted as having been…
Quarterly Operating Results 24
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…
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