The Team Management Team Jim Evaskevich, President & CEO Randall Faminow, VP, Land 30+ years extensive executive experience with strong 30+ years of experience in all aspects of oil and gas land work, operations background including…
Why Own Yangarra Top Decile Full Cycle rates of return Central Alberta Cardium formation focus Low-cost operator, high netbacks YTD 2017 Cash costs totaled 14.00/boe Operating costs (including transportation) of 8.52/boe Royalties…
Full Cycle Returns 1. Half cycle IRR is based on actual drilling and completion costs, production to date and P+P reserves 2. Full cycle IRR allocates all other capital costs to the wells (i.e. land, G&G, infrastructure) TSX: YGR 5
Reserves Growth Reserves Per Share (boe per share) (2P) Reserves Profile 0.80 0.76 Volumes (boe) NPV10 () 0.70 0.65 0.60 2P Reserves / share 0.60 Nat. 0.50 Gas 18% 0.40 0.36 0.31 Nat. 0.30 Gas Oil/ 0.22 53% NGL's…
F&D and Recycle Ratios Finding and Development Recycle Ratio vs Added Reserve Volumes 30 30 7x 140 Finding & Development Costs* ( / boe) 2P Reserve Additions (mmboe) 25 25 6x 120 5x 100 Recycle Ratio* (x) 20 20 WTI…
Deeper Drill Path Upper Cardium Bioturbated Lower Cardium New Well Path Old Well Path Upper Cardium Bioturbated Zone Lower Cardium Old Frac Plane New Frac Plane Upper Cardium (5-15% Porosity) 2.5-4.0m Bioturbated…
Production Growth Production Per Share Production Vintage 60 6x 9,000 160 2017 based on 5 wells drilled in 50 5x 8,000 the first quarter and 12 wells in 150 Net Debt / Trailing Cash Flow second half of 2017 Production / MM…
Cardium Well Economics Top 'Cardium Oil' Monthly Volumes Seen in April 2017 600 Monthly Associated Mth Daily Frac Total (boe/d) Oil (bbls/d) Company Field Vol Gas Oil Stage Production Per Day 500 (bbl) (mmcf) (bbl/d) ()…
2017 Capital Plan CAPEX budget for 2017 70.0 million Budget focused on Cardium Wells 5 wells in the first quarter and 12 wells in the second half Funded with cash flow and the existing credit facilities 2017 Guidance Production…
Duvernay Formation Recent Well Results (Sorted By RR Date) 1 Shell: 100/09-27-039-06W5 RR: 2014/02/17 35,097 bbl cum CND 339,544 mcf cum gas Completion: 14 stages; 70-90t 2 Shell: 103/08-11-040-08W5 RR: 2014/07/18 12,722 bbl…
Risk Management Program Oil Hedges 2017 200 bbl/d collar C65.00 WTI/bbl and a ceiling of C75.00 WTI/bbl (2017) 100 bbl/d at C70.00 WTI/bbl (2017) 200 bbl/d at C69.25 WTI/bbl (Mar Jul 2017) 500 bbl/d at C75.20 WTI/bbl (Jul Dec 2017)…
Analyst Coverage Acumen Capital Finance Partners Limited Industrial Alliance Securities Inc. Trevor Reynolds Michael Charlton Oil and Gas Research Analyst Research Analyst - Oil & Gas treynoldsacumencapital.com…