A Deep Basin Company July 2017 Southern End of Deep Basin Trend 1
Westbrick Deep Basin Resource Key Strengths 1. Large Deep Basin exposure Total land over 500 sections (Avg. W.I. 78%) with most rights between base of Cardium to base of Rock Creek Current 23,600 BOEPD (82% gas) almost all…
Background Westbricks objective is to convert its oil and gas resources into cash flow at the lowest possible cost. The Company must ensure its drilling inventory can generate a return that is comparable to the best plays in North…
Performance Track Record Since Inception 25,000 Annual Production 500 100 Yearend Reserves 450 P+P Reserves (MMboe) 22K25K Prod Per MM Share (Boe/MM sh) 20,000 Prod 400 80 89 Per MM Shares 350 70 Production…
2016 Per Unit Results Year Ended 31Dec16 Comments Production Oil Mbbls 203 Q4 2016 average production 18,513 BOEPD (December 2016 average production 22,103 BOEPD). 2016 annual production Gas Mmcf 25,924 rates were restricted…
2016 Reserves and Performance Snapshot The Company had a strong year on all fronts, equal to or greater than the performance exhibited since inception. Top decile performance compared to public Canadian peers. Yearend Key…
Q2 & H2 2017 Forecasted Financial Results Forecast Forecast Comments Q2 2017 H1 2017 Q2 2017 results are unaudited and are based on actual unaudited Revenue results for April and May, and forecasted volumes, prices (June 9 Oil 2,456…
Per Unit Results Q2 & H2 2017 Forecast Forecast Forecast Q2 2017 H1 2017 Comments Production Hit new daily production record of 26,011 boepd on March 5 Oil Mbbls 43 88 Gas Mmcf 10,362 20,846 Average production during week of June…
2017 Performance Guidance: No Changes Continue Building Shareholder Value Focus on maximizing investment returns and 2017 Production Forecast Case 23.4 net well drilling managing sustainability program Grow cash flow and improve…
Q2 2017 Activity Update Capital Program Completions 7 wells fracd Drilling 2 rigs running Inventory Evaluation Rock Creek and Notikewin Acquisitions Land 35 net sections Inventory covered 2017 drilling program (30+ Willesden…
Paths To Maximize Shareholder Value Actively Working On Three Options 1. Stand alone: grow production and cash People are the key to our success flow 2017 plans in place to grow production to 30,000 BOEPD Generate cash flow over…
Corporate Information Westbrick Energy Ltd. Suite 2500 255 5th Ave SW Calgary Alberta T2P 3G6 Contacts Ken McCagherty President & CEO Lloyd Heine VP Finance & CFO (587) 293 4660 (587) 293 4679 mccaghertywestbrick.ca…
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