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Corporate Presentation – Iona Energy Inc.

Iona Energy Inc. · Sep 30, 2014 · 8 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. Corporate Presentation – Iona Energy Inc. – slide 1
    Corporate Presentation September 2014
  2. Corporate Presentation – Iona Energy Inc. – slide 2
    Iona Energy today TSX Venture listed corporation, UK North Sea pure play Q2 production 2,759 boe/day from two sources Huntington 2,284 boe/d Trent & Tyne 475 boe/d Oil & gas developments in progress Orlando FDP approved Kells FDP…
  3. Corporate Presentation – Iona Energy Inc. – slide 3
    Iona Asset Portfolio 1P 2P Production RONAN & ORAN MMboe MMboe (Q2) Huntington (15% non-op) 3.5(1) 4.6(1) 2,284 boe/d Trent & Tyne (20% non-op) 0.6 1.6 475 boe/d Orlando (75% op) 5.9 11.5 Kells (75% op) 3.9 6.6 West Wick (59%…
  4. Corporate Presentation – Iona Energy Inc. – slide 4
    Iona Energy - strategic change The asset base Heavily weighted to delivery tomorrow from developments Insufficiently diverse to attract lower cost debt funding - reliant on one asset Results in Iona trading at a huge discount to…
  5. Corporate Presentation – Iona Energy Inc. – slide 5
    Iona Energy recent announcements Q2 Financials - main messages Huntington still has short term production issues but medium term upside via deeper Maxwell formation Trent & Tyne operatorship transition is slow and difficult,…
  6. Corporate Presentation – Iona Energy Inc. – slide 6
    5 key areas where we will focus Focus area Objective Decision/Action Existing Development Robust review to establish speed to first oil or Keep, accelerate Assets alternative plans for assets or Farm down/sell Cooperative approach…
  7. Corporate Presentation – Iona Energy Inc. – slide 7
    What will this deliver If management intervention and action is successful we will achieve: Double producing reserves in the short term Double production quickly Deliver several further accretive acquisitions Accelerate use of…
  8. Corporate Presentation – Iona Energy Inc. – slide 8
    Summary of risk factors Iona's business is subject to numerous risk factors which may have a material effect upon its properties, results of operations and financial position. Please refer to the risk factors described in the Company's…

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