Raging River Profile Corporate Information Raging River Exploration RRX.TO Share Price March 6, 2017 9.18 Basic Shares Outstanding (mm) 231.1 Dilutives (Average of 8.71/share) 9.4 (mm) FD Shares Outstanding (mm) 240.5 Insider…
RRX an Organic Growth Story 24,000 16.00 22,000 20,000 RRX Stock Price/WTI Cdn/10 18,000 12.00 RRX Production boe/d 16,000 14,000 12,000 8.00 10,000 8,000 6,000 4.00 4,000 2,000 - - Production bbls/d…
RRX December 31, 2016 Reserve Summary December 31, 2016 December 31, 2015 Natural YOY Reserve Category Oil (1) Gas Total(2) Growth Total(2) YOY Change % per (Mbbls) (Mmcf) (Mboe) share (Mboe) (%) PDP 30,495 14,980 32,991 24% 24,530…
Dominant Viking Position PROVOST KERROBERT Apache, Spur, Raging River, Rolling Hills Raging River, Whitecap, Crescent Point HOOSIER PLENTY RRX Land Spur, Raging River Raging River NAL, Teine, Husky Viking HZ wells SEDALIA…
Sustainable Growth Model Growth Model -March 2, 2017 Strip Pricing Includes 24 million per year of Waterflood Capital (35 million in 2017) 44,000 440,000 40,000 (2.32) 400,000 (1.81) D/CF Average Production boepd (93% Oil)…
RRX Economic Drilling Inventory 55 /bbl WTI Flat Pricing RRX Inventory Evolution 5,000 5,000 4,500 4,500 4,000 4,000 3,500 3,500 Capital Inventory (MM) Historical Short New ERH 3,000 Lateral Development Development…
Funds Flow Per Share Consistent High Margins Pre Hedging Funds Flow 70 From Operations The Viking Barrel is the (CAD/boe) Highest Netback Barrel WTI Pricing US 54.00/bbl, in Canada FX 1.32 CAD/US 60 1.07 1.00 1.35 50…
Raging River All Corporate Wells Statistics Matter 1,300 RRX Wells On-Stream 70 Average RRX Well 70% Crown 30% FH (Tier 6) WTI- Includes partial WTI FX MSW Edm Par Capex EUR PV 10 IRR Payout 60 impact of 26 US/bbl Cdn/US /Cdn /Cdn…
Waterflood A Long Term Strategy Dodsland Typical One Section Waterflood - Predicted Response 22 Wells Per Section 1 Mile 10 wells converted to injectors Minimum of 90 sections with WF potential 1,400 Implement 6 sections per year…
Waterflood 1 in Gives 10 back WF Works 10% Incremental Recovery Factor 250 18,000 16,000 Reserves 75,393 mbbls 200 14,000 Capital 331 million Prodution bbls/d 12,000 Cum Cashflow 3,451 million 150 Recycle Ratio 10.4 FFO…
Waterflood Works 2016 Wells are tracking 2014/2015 wells at 100 mstb+ per well 15
Management Team and Board of Directors Management Team Neil Roszell, P. Eng. Jason Jaskela, P. Eng. Jerry Sapieha, CA President, CEO & Director VP Production & COO VP Finance & CFO Bruce Beynon, P. Geol. Scott Rideout Jesse Barlow,…
Improved Economics with ERH Development Average Greater Dodsland section OOIP 10MMbbls Drill Spacing at 22 wells per section ( 155 m inter-well spacing) Average Greater Dodsland Historical Short Lateral Development section OOIP…
Waterflood Works TSXV:RRX 24
Pilot Response Examples 25
Pilot Response Examples 26
Raging River 2017 Guidance Average daily production Crude oil and NGLs (bbls/d) 20,900 Natural gas (mcf/d) 9,600 Barrels of oil equivalent (boe/d) 22,500 Pricing Crude oil - WTI (US/bbl) 54.00 Exchange rate (Cdn/US) 1.32 Natural…
Raging River December 31, 2016 Net Asset Value Sproule - December 31, 2016 Pricing December 31, 2016 Reserves BTAX NPV 5% NPV 10% (000's) /shares(5) (000's) /shares(5) Proved plus probable reserves NPV (1,2) 2,548,372 10.64…
Per Share Growth Consistent and Efficient Production Growth per MM Debt Adjusted Shares 100.0 90.0 80.0 Boe/d per MM Shares 70.0 60.0 50.0 Reserves (MBoe)/ Debt Adj. Share (MM) 40.0 400 30.0 350 20.0 300 10.0 250…