Trilogy Corporate Profile Q1 2016 Results: Average production: 22,786 Boe/d (30% Oil and NGL) Operating netback: 9.46/Boe Funds flow: 8.3 million (4.01/Boe, 0.07/share) Net debt: 300.0 million Senior Unsecured Notes - 7.25% due…
Trilogy Assets Geographically concentrated assets Multi-zone development and exploration potential in the Deep Basin Grande Prairie 1,584 Boe/d 2015 Significant NGL-rich, high heat content natural gas and 1.7 MM 2015 Capex light…
Operations Update
Trilogy: Key Growth Plays 6
Kaybob Montney Oil Pool Development Discovered in 2011 8 Hz Montney oil wells/section; 400 potential drilling opportunities Approximately 50 net sections at average 10 MMBbl DOIIP/section; 500 MMBbl DOIIP for pool(1) Drilled 111…
Kaybob Montney Oil Pool Development 2011 2012 2013 2014 2015 Total Wells Drilled 22 24 31 29 2 108 Drilling/ Completion 98 MM 109 MM 133 MM 111 MM 8MM 459 MM Infrastructure 33 MM 51 MM 33 MM 24 MM 2MM 143 MM Land 36 MM - - - - 36…
Economics - Kaybob Montney Oil Pool West Side Capital: 2.9 MM D/C/T per well Reserves per well: 354 MBoe(2) IP30: 640 Bbl/d oil - 0.7 Bcf natural gas - 223 MBbl oil - 14 MBbl C3+ WTI US/Bbl AECO 2.00/GJ 20 30 40 50 60 NPV…
Kaybob Presley Montney Gas Development Approximately 60 net sections with DGIIP estimate of 10 - 15 Bcf per section(1) 5 Hz wells/section: 300 potential drilling opportunities 81 horizontal wells drilled as of December 31, 2015…
Presley Montney Gas Economics Capital: 5.3 MM D/C/T per well Reserves per well: 822 MBoe(2) IP30: 6.8 MMcf/d 4.5 Bcf natural gas NGL: CDN 30.13/Bbl 72 MBbl NGLs Condensate: CDN 59.00/Bbl AECO Gas Cdn/GJ WTI US 40/Bbl 0.00…
Emerging Duvernay Shale Play
Duvernay Unconventional Shale Play- Kaybob Area 75 sections in gas/condensate area 115 additional sections in volatile oil area Participated in 50 horizontal wells in this play to date Approximately 350 MM capital spent on…