Skip to main content July 2017 Corporate Presentation – Altura Energy Inc. | Shale Experts
Loading...
Pm

July 2017 Corporate Presentation – Altura Energy Inc.

Altura Energy Inc. · Jul 31, 2017 · 31 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. July 2017 Corporate Presentation – Altura Energy Inc. – slide 1
    July 2017 David Burghardt, President & CEO Tel 403-984-5195 Cell 587-998-1462 dburghardtalturaenergy.ca Tavis Carlson, VP Finance, CFO Tel 403-984-5196 Cell 403-619-0087 tcarlsonalturaenergy.ca www.alturaenergy.ca 1
  2. July 2017 Corporate Presentation – Altura Energy Inc. – slide 2
    TSX Venture Listing ATU Shares Outstanding 108.9 million basic (insiders 9.9%) 124.2 million fully diluted (insiders 21.0%) Market Capitalization 40.3 million (based on 0.37 per share) Working Capital 2.4 million Debt nil Enterprise…
  3. July 2017 Corporate Presentation – Altura Energy Inc. – slide 3
    Management Previous Experience David Burghardt, President & CEO, Director Vermilion, Kerogen, Bison, Northstar, Chevron Tavis Carlson, VP Finance & CFO Manitok, Bellamont, ARC Rob Pinckston, VP Exploration Vermilion, Highpine, Tempest,…
  4. July 2017 Corporate Presentation – Altura Energy Inc. – slide 4
    The Sparky and Rex reservoirs in the Upper Mannville are under-developed compared to similar resource trends Altura can generate attractive shareholder returns by being a low cost and efficient Sparky and Rex oil producer…
  5. July 2017 Corporate Presentation – Altura Energy Inc. – slide 5
    Apply horizontal well technologies to exploit Sparky and Rex oil pools defined by existing vertical wells and having large original oil in place(1) and low recovery factors Focus on achieving strong capital efficiencies and minimizing…
  6. July 2017 Corporate Presentation – Altura Energy Inc. – slide 6
    Upper Mannville Sparky and Rex reservoirs are equivalent in geological time to Spirit River Notikewin, Falher and Wilrich reservoirs Across Alberta there are thousands of vertical well penetrations at the Sparky and Rex level 6…
  7. July 2017 Corporate Presentation – Altura Energy Inc. – slide 7
    Current production base is 85% low cost oil with an average oil gravity of 23 API 1,400 1,350 New Altura Management 1,200 988 1,015 37% 1,000 Forecasted Production 800 Growth(1) (Q417 exit vs Q4 16) 600 574 405 389…
  8. July 2017 Corporate Presentation – Altura Energy Inc. – slide 8
    Sparky and Rex oil-weighted reservoirs in the Upper Mannville Five key development regions: Eyehill, Wildmere, Killam, Macklin and Leduc-Woodbend Year round drilling access with extensive existing infrastructure Characterized by low…
  9. July 2017 Corporate Presentation – Altura Energy Inc. – slide 9
    LWB One-Mile Hz MSF Type Well Performance LWB One-Mile Hz MSF 400 Type Curve AB MRF Economics (1) Price Forecast McDaniel WTI Strip 350 Q2 2017 April 4, 2017 Expected Type Curve DCET Capital 2,050,000 2,050,000 300 1st Month IP 225…
  10. July 2017 Corporate Presentation – Altura Energy Inc. – slide 10
    Eyehill 2 sections 100% WI Sparky Producers Sparky Injectors Altura Lands 2 net booked drilling locations Sparky Pool and 1 net potential drilling 2017 Drilling Plans Potential Drilling Opportunity opportunity targeting the…
  11. July 2017 Corporate Presentation – Altura Energy Inc. – slide 11
    2016 2017 Drilling Meters per Day 1,000 980 M 842 M 870 M 932 M Average 925 M Average 0 200 400 600 800 1000 871 M 845 M 839 M 1 804 800 2 698 724 M Drilling & Completion Costs, M 3 651 600 400 M 401 M 4 635 345 M…
  12. July 2017 Corporate Presentation – Altura Energy Inc. – slide 12
    Eyehil On-Mi Eyehill One-Mile HzleMSF Sparky HzType MSF Type Well Performance Well Performance Eyehill One-Mile Hz MSF Type Curve Economics (1) 300 Price Forecast McDaniel WTI Strip Q2 2017 April 4, 250 2017 DCET Capital…
  13. July 2017 Corporate Presentation – Altura Energy Inc. – slide 13
    Altura initiating Sparky Eyehill Sparky Producers waterflood infrastructure in Sparky Injectors Q4 2016 and will convert Altura Lands well(s) to water injection in Sparky Pool 2017 Drilling Plans the second half of 2017 Potential…
  14. July 2017 Corporate Presentation – Altura Energy Inc. – slide 14
    Surge 100/03-14-037-03W4 Sparky Injector 800 300,000 In October 2014, Surge Energy Inc 700 (Surge) initiated a waterflood pilot in the CD Oil, Gas, Inj Wtr (bbl/d, mcf/d, %) 250,000 600 200,000 Sparky at Eyehill by converting…
  15. July 2017 Corporate Presentation – Altura Energy Inc. – slide 15
    Altura purchased the Killam asset on September 14, 2016 for 4MM Killam U Mnvl Producers 10% annual decline rate Altura Lands U Mnvl Pool 3D Seismic 7.3 sections 100% WI 2017 Drilling Plans Potential Drilling Opportunity 4 net…
  16. July 2017 Corporate Presentation – Altura Energy Inc. – slide 16
    Altura Killam Pool Analogue Pool 2016 2005 Early Stage Development future 2016 200m interwell spacing Late Stage 100m interwell spacing Development 50m interwell spacing Analogue pool indicates development…
  17. July 2017 Corporate Presentation – Altura Energy Inc. – slide 17
    Killam One-Mile Hz MSF Type Well Performance Killam One-Mile Hz MSF 140 Type Curve Economics (1) Price Forecast McDaniel WTI Strip 120 Q2 2017 April 4, 2017 DCET Capital 1,000,000 1,000,000 100 1st Month IP 132 boepd 132 boepd EUR…
  18. July 2017 Corporate Presentation – Altura Energy Inc. – slide 18
    Currently hold 6.5 sections 100% WI Up to 29 net One-Mile Hz MSF potential drilling opportunities targeting the Sparky formation 19 API Oil at 725mTVD Waterflood potential Drilled Mar 2017 Completed April 2017 OOIP Total…
  19. July 2017 Corporate Presentation – Altura Energy Inc. – slide 19
    Macklin One-Mile Hz Mackl MSF in Type WelType l Well Performance Macklin One-Mile Hz MSF Type Curve AB MRF Economics (1) 200 Price Forecast McDaniel WTI Strip 180 Q2 2017 April 4, 2017 DCET Capital 1,050,000 1,050,000 160 1st…
  20. July 2017 Corporate Presentation – Altura Energy Inc. – slide 20
    1.9 net sections Wildmere Sparky Producers Altura Lands Sparky Pool 5 gross (3.6 net) booked 3D Seismic drilling locations and 9 2017 Drilling Plans Potential Drilling Opportunity gross (5.3 net) potential drilling…
  21. July 2017 Corporate Presentation – Altura Energy Inc. – slide 21
    120 Wildmere One-Mile Hz ODL Type Well Performance Wildmere One-Mile Hz ODL Type Curve Economics (1) Price Forecast McDaniel WTI Strip 100 Q2 2017 April 4, 2017 80 DCET Capital 800,000 800,000 Type Curve 1st Month IP 78 bopd 78…
  22. July 2017 Corporate Presentation – Altura Energy Inc. – slide 22
    Net Net Pool Net Current Proved & Potential BT WI OOIP(1) OOIP(1) RF Probable Drilling DCET NPV10% Payout IRR Area % API MMSTB MMSTB % Locations Opportunities M M Years % Eyehill 100% 28 176 18 1.2 2.0 1.0 1,000 2,600 0.6 300…
  23. July 2017 Corporate Presentation – Altura Energy Inc. – slide 23
    Altura is strategically positioned to: Execute the 2017 capital investment program(1) of 17.7 million to generate production additions of 750 boepd at a risked DCET capital efficiency of 18,900/boepd Achieve a 2017 estimated exit…
  24. July 2017 Corporate Presentation – Altura Energy Inc. – slide 24
    26 26
  25. July 2017 Corporate Presentation – Altura Energy Inc. – slide 25
    McDaniel WTI Strip Q2 2017 April 4, 2017 WTI WTI US/bbl f/x US/bbl f/x 2017 52.50 0.750 52.37 0.75 2018 56.10 0.775 52.53 0.75 2019 59.80 0.800 52.08 0.76 2020 66.30 0.825 52.17 0.76 2021 73.10 0.850 52.83 0.77 2022 +2%/yr 0.85 +2%/yr…
  26. July 2017 Corporate Presentation – Altura Energy Inc. – slide 26
    2016 Year End Reserves (1) Reserve Category Oil & NGLS Gas Total NPV BT10% (Mbbl) (MMcf) (Mboe) (M) Proved Producing 886.5 1,275.9 1,099.2 23,328 Proved Undeveloped 588.3 803.6 722.2 8,026 Total Proved (1P) 1,474.9 2,079.5 1,821.4…
  27. July 2017 Corporate Presentation – Altura Energy Inc. – slide 27
    Q116 Q216 Q316 Q416 Q117 Average Production boepd 405 323 574 988 1,015 Oil and NGL weighting 86% 85% 86% 85% 85% Per BOE: PNG Revenue 25.65 39.08 41.41 45.20 45.76 Royalties (1.33) (2.06) (3.13) (3.67) (4.20) Operating &…
  28. July 2017 Corporate Presentation – Altura Energy Inc. – slide 28
    12 Month Average Daily Volume and Share Price 400,000 60 55 350,000 50 300,000 45 Average shares traded/day Cents/share, WTI USD/Bbl 40 250,000 35 200,000 30 25 150,000 20 100,000 15 10 50,000 5 - - Jul-16…
  29. July 2017 Corporate Presentation – Altura Energy Inc. – slide 29
    Offering Non Brokered Private Placement Gross Proceeds 24.6MM Common Share & Unit Price 0.3375 per share Investor Participation Approximately 21.2MM Mgmt & BOD Participation Approximately 3.4MM Warrants to Mgmt & BOD Warrant price of…
  30. July 2017 Corporate Presentation – Altura Energy Inc. – slide 30
    EXCHANGE LISTING TSX Venture Exchange Trading Symbol: ATU TRANSFER AGENT Computershare Trust Company of Canada Calgary, Alberta ANALYST COVERAGE LEGAL Stikeman Elliott LLP Acumen Capital Partners Calgary, Alberta Trevor Reynolds…
  31. July 2017 Corporate Presentation – Altura Energy Inc. – slide 31
    Altura Energy Inc. 200, 640 5th Avenue SW Calgary, Alberta T2P 3G4 www.alturaenergy.ca David Burghardt Tavis Carlson President & CEO VP Finance & CFO Tel 403-984-5195 Tel 403-984-5196 Cell 587-998-1462 Cell 403-619-0087…

From the store

Browse maps, data & reports in the Shale Experts store