Corporate Information Current Production 2,700 boepd Estimated Cash and working capital as of May 30, 2017 50 million New gas plant and other equipment held for future expansions 15 million Doe/Mica Montney land Gross (Net) sections…
Upper & Lower Montney Play Both Upper & Lower Montney productive in area BC AB Area characteristics include: Liquids-rich gas and high GOR light Two Rivers oil 16-30 High deliverability (500 2,000 MICA boe/d IP30) 4-30…
Lower Montney Turbidite Play NW Alberta NEBC Characteristics of Doe/Mica area: AB. BC Liquids-rich gas and high GOR light oil Shallow depth (1,800 2,300 meters) Two Rivers Drill & Complete costs < 4 million Access to major…
Lower Montney High GOR Light Oil GLJ Average Type Curve Montney Oil Hz Well Performance Indicator Type Well Drill & Case (K) 1,800 Complete (K) 2,000 Tie-in (K) 400 Total (K) 4,200 Liquids Gas Total Year 1 Avg. Q (boe/d) 142…
Lower Montney Gas GLJ Average Type Curve Lower Montney Type Curve (1) Montney Oil Hz Well B4-19 Actual C4-19 Actual Performance Indicator Type Well GLJ Avg Type A13-19 IP 1000 Drill & Case (K) 1,800 Complete (K) 2,000 Tie-in…
Montney Resource In Place Original Gas Original Oil Solution Gas Original Gas Original Oil Solution Gas in Place (OGIP) in Place (OOIP) in Place of in Place (OGIP) in Place (OOIP) in Place BCF MM Barrels BCF Net BCF MM Barrels BCF…
Montney Stacked Zones Additional Exploration Potential Doe Mica Leucrotta has started the delineation of 2 of possible 5 zones Upper Montney (Doig) Other operators have drilled wells in general Middle Montney (D5) vicinity in 3…
Infrastructure and Take-Away INFRASTRUCTURE 25 mmcf/d sweet gas plant Spectra/Westcoast 63 mmcf/d Alliance meter Gathering Line station Licensed salt water disposal well Licensed acid gas inj. Well Owned 60 mmcf/d sweet gas plant…
Why Leucrotta Low capital costs combined with high IPs and high EURs make the Lower Montney Turbidite play one of the highest ROR projects in North America(1) High GOR light oil and liquids-rich gas places Leucrottas lands in the…
Management & Directors Directors Management Robert J. Zakresky, CA Robert J. Zakresky, CA - President and CEO John A. Brussa, B.A., LL.B. Terry L. Trudeau, P. Eng. - VP Operations and COO Donald Cowie Nolan Chicoine, MPAcc, CA - VP…