Corporate Profile Corporate Profile Strategic Investments/Emerging Plays Founded in 1976; IPO in 1978; TSX: POU Emerging Montney plays at Valhalla and Birch H1 2016 production: 45,500 Boe/d ( 48% Liquids) Emerging Duvernay play at…
Summary of Musreau/Kakwa Sale Transaction 2.1 Billion 0.5 Billion Cash Assumption of US450 MM 2023 Notes 33.5 MM shares of Seven Generations: 1.0 Billion Sold 30,000 Boe/d Sales Volumes(1) 295 MMBoe P+P Reserves(2) 535 Million…
Karr/Gold Creek Cretaceous and Montney targets 61 sections ( 48 net) Cretaceous 95 sections ( 80 net) Montney rights July Sales: 4,700 Boe/d (net)(1) 40 MMcf/d plant capacity currently being expanded to 80+ MMcf/d (Q2 2017…
Karr Economics: Montney Assumptions: Economics 2.50/GJ AECO Capital: 8.6 MM d/c/e/t US/Bbl WTI 40 45 50 55 60 IP30 (raw): 6.2 MMcf/d NPV 10% MM 3.5 4.9 6.3 7.6 8.9 Raw Natural Gas EUR: 5.0 Bcf Stabilized Condensate EUR: 360…
Smoky/Resthaven Cretaceous and Montney targets 151 sections ( 101 net) Cretaceous 76 sections ( 74 net) Montney rights Paramount owns 54 MMcf/d ( 18%) of the Smoky Deep Cut facility and 10 MMcf/d (50%) of the Resthaven…
Smoky/Resthaven Economics: Montney Assumptions: Economics 2.50/ GJ AECO Capital: 9.0 MM d/c/e/t US/Bbl WTI 40 45 50 55 60 IP30 (raw): 3.4 MMcf/d NPV 10% MM 0.4 1.8 3.2 4.5 5.8 Raw Natural Gas EUR: 3.0 Bcf Stabilized…
Valhalla 65 sections ( 49 net) Montney rights 56 sections ( 42 net) Doig rights Three development horizons: Upper Montney/Doig Middle Montney Lower Montney 16 wells currently tied in July Sales: 740 Boe/d (net) (2) Evaluating…
Willesden Green Duvernay Shale Play 59,971 acres of land (100% WI) Drilled and completed 3 Hz Duvernay wells to date: Cumulative production to June 30, 2016 Natural Gas Oil and NGLs MMcf MBbl 03/16-13-39-5W5 184.3 103 7-19-39-5W5…
Birch Montney shale play (50% WI) 60 sections ( 30 net) Montney rights Seven Hz Montney wells drilled to date NGL yields average 50 Bbl/MMcf New 20 MMcf/d facility onstream December 2015 July Sales: 1,300 Boe/d (net)(1)…
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 (1) Excluding Musreau/Kakwa Assets sold in August 2016 17 17
Reserves 1) Principal properties reserves, exclude bitumen reserves related to the Hoole oilsands development. Reserves evaluated by McDaniel &Associates Consultants Ltd. in accordance with National Instrument 51-101 definitions,…
Summary Exposure to significant reserve opportunities Deep Basin: Montney, Cretaceous Valhalla: Montney, Doig Birch: Montney Willesden Green: Duvernay Significant asset value Trilogy Seven Generations MEG Energy Cavalier Energy…