Corporate Profile Corporate Profile Strategic Investments/Emerging Plays Founded in 1976; IPO in 1978; TSX: POU Emerging Montney plays at Valhalla and Birch Q3 2016 production: 24,786 Boe/d (40% 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 (monetized 24.7MM shares for 715 MM net proceeds) Sold 30,000 Boe/d Sales…
Karr Economics: Montney Assumptions: Economics 2.75/GJ AECO Capital: 10.2 MM d/c/e/t US/Bbl WTI 35 40 45 50 55 IP30 (raw): 7.1 MMcf/d NPV 10% MM 3.3 5.3 7.1 8.9 10.6 Raw Natural Gas EUR: 7.0 Bcf Stabilized Condensate EUR: 490…
15-14-065-06W6M Daily Separator Volumes (Excluding Zero Days)(1) (1) Volumes herein consist of natural gas and liquids volumes measured at the wellhead separator. Natural gas sales volumes are approximately 10 percent lower and…
Smoky/Resthaven Economics: Montney Assumptions: Economics 2.75/ GJ AECO Capital: 9.0 MM d/c/e/t US/Bbl WTI 35 40 45 50 55 IP30 (raw): 3.4 MMcf/d Raw Natural Gas EUR: 3.0 Bcf NPV 10% MM 0.4 1.2 1.9 2.6 3.4 Stabilized Condensate…
Valhalla 64 sections (48 net) Montney rights 58 sections (44 net) Doig rights Three development horizons: Upper Montney/Doig Middle Montney Lower Montney 16 wells currently tied in Q3 Sales: 842 Boe/d Evaluating long term…
Willesden Green Duvernay Shale Play 58,692 acres of land (100% WI) Drilled and completed 3 Hz Duvernay wells to date: Cumulative production to September 30, 2016 Natural Gas Oil and NGLs MMcf MBbl 03/16-13-39-5W5 202.9 110…
Paramount Investments
Paramount Investments and Cash (1) Includes cash proceeds receivable on Seven Generations share monetization due December 2016. 16 16
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 18 18
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…