Corporate Profile Corporate Profile Strategic Investments/Emerging Plays Founded in 1976; IPO in 1978; TSX: POU Emerging Montney play at Birch Q1 2017 production: 16,163 Boe/d (47% Liquids) Emerging Duvernay play at Willesden Green…
Summary of Musreau/Kakwa Sale Transaction (August 2016) 2.1 Billion 0.5 Billion Cash Purchaser assumed US450 MM 2023 Notes 33.5 MM shares of Seven Generations: 1.0 Billion (monetized 29.7MM shares for 860 MM net proceeds, 3.8 MM…
Karr Wells - Completion Design and Performance 15-02 PAD 4-19 PAD 15-27 PAD Wells 15-14 4-7 02/4-7 1-12 02/1-12 3-22 Completion Details Horizontal Length (m) 3,018 3,047 3,049 3,054 3,036 2,870 Completion Stages () 50 70 75 73 58 66…
Karr Drilling Progression 7
Karr Cumulative Wellhead Separator Performance Daily Separator Volumes (Excluding Zero Days)(1) (1) Natural gas and liquids volumes production measured at the wellhead separator. Natural gas sales volumes are approximately 10…
Smoky/Resthaven Cretaceous and Montney targets Sections Formation Gross Net Cardium 81 45.6 Dunvegan 116 79.5 Wilrich 118 84.4 Falher 118 84.4 Gething 109 80.7 Montney 80 78.2 Paramount owns 54 MMcf/d (18%) of the Smoky Deep…
Valhalla Sold for cash consideration of 150 million 94 (74 net) sections Q1 2017 sales: 1,400 Boe/d (12% Liquids) Transaction expected to close May 2017 pending approval of transaction by AER (1) Based on results from…
Birch: Montney Montney shale play (50% WI) 60 sections (30 net) Montney rights Q1 2017 Sales: 560 Boe/d NGL + Free Condensate yields average 54 Bbl/MMcf over productive life Facility expansion to 40 MMcf/d (gross) underway,…
Willesden Green Duvernay Shale Play 57,892 acres of land (100% WI) Drilled and completed 4 Hz Duvernay wells to date: Cumulative production to April 30, 2017(1) Natural Gas Oil and NGLs Well MMcf MBbl 03/16-13-39-5W5 231.0 124…
Paramount Investments
Paramount Investments and Cash (1) Cash and cash equivalents and investment values as at March 31, 2017 15 15
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 17
Reserves(1) 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 Near - Term Development Deep Basin Drilling significant Montney wells at Karr testing longer laterals and increasing frac intensity; expanded existing facility to 80 MMcf/d…
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