Corporate Overview October 2014 A focused team, creating value through early innovation in a prolific basin TSX: TZR.V
Corporate Strengths Proven Experienced Strategy Management & Board Target emerging opportunities Strong blend of seasoned in the South Texas Fairway technical experts and proven using financial management. Team Strong regional…
Critical Value Drivers Outstanding Acreage Position in Prolific South Texas Fairway 180,000 gross mineral acres (53,000 net to Terrace) Balanced Portfolio of Development and Exploration Proven Development in the Olmos Large Scale…
Operating Areas Maverick County Multiple Objectives Big Wells Buda South Texas Syndicate Olmos Cutlass NWAWP Eagle Ford Olmos Development Projects Exploration Projects www.terraceenergy.net 5
Development Projects Olmos Tight Sandstone Play La Salle Co. McMullen Co. NWAWP Olmos AWP Olmos Field 49 MMBO, 500 BCF South Texas Syndicate Olmos Sun TSH Olmos Field 1879 MBO, 100 BCF Tri Bar Olmos Field 743 MBO,…
Olmos Development Projects South Texas Syndicate Project Terrace owns approximately 30% working interest in 17,000 gross mineral acres o 145 potential drilling locations (53 net to Terrace) o Type curve yields 487 MBoe per location…
South Texas Syndicate Development Project www.terraceenergy.net 8
NW AWP Development Project Quintanilla 0L1H AWP Olmos Field 49 MMBO, 500 BCF www.terraceenergy.net 9
Exploration Focus Areas Maverick County Multiple Objectives Big Wells Buda Buda Limestone Historical Trend Eagle Ford Shale Trend Source: IHS Production Data www.terraceenergy.net 10
Maverick County Project Massive Acreage Position with Multiple Prospective Oil Bearing Horizons BlackBrush Terrace LP (50% owned by Terrace Energy) has the right to acquire a 50% operated working interest in 147,000 gross acres…
Maverick County Initial Evaluation Program Planned Serpentine Plug Wells Planned Buda Well Historical Buda Production BTLP Chittim 1H Pearsall Strat Test Historical Pearsall Production Planned Buda Well Chittim Heirs 2H…
Big Wells Buda Limestone Project DrilltoEarn Agreement with Rights to Acquire up to 10,130 Net Mineral Acres Terrace Energy has the right to acquire up to 100% working interest in 10,130 gross acres in the emerging Buda Limestone…
Internal Performance Metrics* PROJECTIONS SLIDE 2014 2015 2016 Average Production (BOEPD) 600 2000 3900 Exit Rate (BOEPD) 1200 3000 5100 Capital Expenditures (MM) 40 77 79 *Midpoint Estimates Based on Internal Modeling All…
Capital Structure Terrace Energy Capitalization Summary Shares Outstanding 87,844 Stock Options and Warrants 3,400 RSUs 1,200 Convertible Notes (Convertible at CAD 2.00 per share) 19,295 Fully Diluted Shares Outstanding…
Management Team Dave Gibbs President and Chief Executive Officer, Director Mr. Gibbs received a Bachelor of Engineering degree from Georgia Tech in 1975 and has 39 years experience in the oil & gas exploration and development business.…
Contacts infoterraceenergy.net canadian address Suite 10121030 West Georgia St. Vancouver B.C. V6E 2Y3 p 604 282 7897 f 604 629 0418 us address Suite 400 202 Travis St. Houston, TX 77002 p 713 227 0010 f 713 227 0492…