RMP ENERGY DASHBOARD CORPORATE Shares outstanding MM 151 Insider ownership % f.d. 9% Market capitalization (June 2/16) MM 200 Net debt (Mar 31/16) MM 94 Bank credit facility MM 150 OPERATIONS Production (Q1 2016) boe/d 10,418…
BUSINESS STRATEGY FOR PROLONGED COMMODITY PRICE WEAKNESS Maintain a top-tier balance sheet with below average debt and spend within cash-flow. Position RMP to thrive with improved commodity prices. Capex program focused on…
BUSINESS STRATEGY FOR PROLONGED COMMODITY PRICE WEAKNESS Positive Cash Flow in Low Low Cost Structure Oil Price Environment 45.00 40 Field Netbacks 40.89 35 RMP Funds from Operation vs WTI Oil 40.00 Opex 30 FFO Netback…
BUSINESS STRATEGY FOR PROLONGED COMMODITY PRICE WEAKNESS Significant Cost Reductions & Efficiency Gains Average Drilling costs per meter drilled Lower service costs and increased efficiencies in the field have driven 30% cost…
VALUE DRIVER INITIATIVES POSITIVE IMPLICATIONS FOR INVENTORY EXPANSION AND ENHANCEMENT Waskahigan Hybrid Slick-Water Completion Success Increased well EURs new completions yielding very positive results. Improved well economics.…
OPERATING AREAS Montney light oil and gas exploration and development Ante Creek Waskahigan/Grizzly Gold Creek Kaybob Added 51,200 acres of land in 2015 Other Assets Pine Creek - Wilrich Ricinus - Ellerslie Duvernay Big…
REGIONAL MONTNEY FAIRWAY Significant land position in the Montney fairway. Extensive low risk development inventory. Opportunities to increase land position. Owned and operated infrastructure at Ante Creek and…
ANTE CREEK MONTNEY LIGHT OIL 35.5 sections 99.2% W.I. 4.4 MMBbls produced since discovery 32 (32.0 net) HZ wells drilled to-date 45 drilling locations (7 booked in YE reserves: 5 PUDs & 2 PBUs) Waterflood project approved by…
ANTE CREEK TYPE CURVES Assumes: FX 0.77 US/CDN Diff: 6/BBL USD 2.67/MCF AECO 14
ANTE CREEK INFRASTRUCTURE Major facility expansion completed. Dual, 35 km 8 gas and 8 oil pipelines connect to RMPs Waskahigan oil and gas facility Increased Ante Creek area gas handling capacity from 24 MMcf/d to 44 MMcf/d…
WASKAHIGAN / GRIZZLY MONTNEY LIGHT OIL 73 sections (100% W.I.) Ongoing land consolidation in area 2.4 MMBbls produced since discovery 55 (55.0 net) HZ wells drilled to-date 200 drilling locations (52 booked in YE reserves: 24…
WASKAHIGAN TYPE CURVE New slick water completions have doubled EURs Evaluating use of slickwater fracs for further down- spacing in developed parts of the pool. 17
WASKAHIGAN INFRASTRUCTURE MONTNEY LIGHT OIL 100% RMP-owned Oil Battery Current capacity: 6,000 bbls/d 10 MMcf/d natural gas Facility ownership benefits: Low operating costs Quick tie-in of new wells 20
GOLD CREEK MONTNEY LIGHT OIL 74 sections of Montney rights (99% W.I.) after closing of acquisition. Development in the area has established a significant production base. Mid-Montney oil prospect 2175m TVD (4000m MD)…
GOLD CREEK ACQUISITION JUNE 2016 20 sections (100% WI) of Montney rights. 87.4% WI in 23 km of pipelines, a multi- well battery and compressor station. Expands land base with prospective acreage offsetting existing pool.…
INVESTOR RELATIONS John Ferguson Dean Bernhard Corporate Email: President & CEO VP Finance & CFO irrmpenergyinc.com john.fergusonrmpenergyinc.com dean.bernhardrmpenergyinc.com 403-930-6303 403-930-6304 Corporate Website:…