MARQUEE ENERGY CORPORATE PRESENTATION NOVEMBER 2017
CORPORATE SNAPSHOT Corporate Profile Stock Symbol: MQX (TSX Venture) Q3 2017 Production: 2,791 boe/d (44% oil and liquids) Michichi 96% of corp. production is at Michichi Shares Outstanding: 435.8 million (basic) Calgary Market…
MARQUEE INVESTMENT HIGHLIGHTS Why own Marquee Energy Ltd. TSXV: MQX Proven, high quality light oil asset, with significant development drilling inventory Predictable well results Robust half cycle well economics at…
RECENT DEVELOPMENTS Seven wells drilled and completed in 2017 Four wells drilled and completed in Q3 2017 o Changed to monobore drilling with increased frac stages (from 15 to 22 stages) Operations Q3 2017 Development wells - the…
MICHICHI Q3 2017 ACTIVITY A) Q3 Two-Well Development Pad 02/01-14, 02-14-30-18W4 On production October 2017 Drilled with cemented monobore technology Spud to rig release days reduced to an average of eight days from an average of…
MICHICHI 2017 Q3 DEVELOPMENT WELLS Field Estimated Q3 2017 Two Development Well Average Production vs. Type Well 1 - BOE/D 350 Last 30 day average: 225 boe/d 67% Oil and Liquids 300 250 200 BOE/d 150 100 50 0…
OIL FOCUSED ASSET IS DELINEATED Proven, high quality light oil asset with significant development location inventory Significant Resource Dominant high working interest land position 3D Seismic Delineated by 200 vertical and 86…
MICHICHI WELL PERFORMANCE IS PREDICTABLE Robust new well economics, backed by predictable well results. Drill, complete, equip and tie in capital forecast includes increased capital for completion optimization, however no production…
FOCUS ON ENHANCING WELL PRODUCTIVITY Michichi Completion Evolution Enhancing New Well Economics Current: H2 2017 Future Frac Spacing: 65 m, one mile lateral length Extended Reach Horizontals 22 stage x 22 tonnes per stage…
MICHICHI H1 2018 CAPITAL GUIDANCE A) Five well program, within the Michichi development fairway The wells offset existing producing horizontal wells within the fairway Proposed locations: 100/16-33-031-17W4 102/16-33-031-17W4…
MARQUEE SUSTAINABILITY Slide represents the breakeven commodity price(s) to keep production flat at 3,000 boe/d within cash flow Cash Costs: 4 Levers to reduce breakeven pricing Total Operating Expense 15.33 Transportation Expense…
MICHICHI READY FOR DEVELOPMENT Marquee owns a large, proven and high working interest resource play at Michichi Wells have attractive economics at US55/bbl and 2.25/GJ AECO pricing There is ample facility capacity at the…
MARQUEE HEDGES As of November 17, 2017 Term Hedge Type Counterparty Volume Pricing Oct 1, 2017 to Dec 31, 2017 AECO fixed price National Bank 3,000 GJ/d Cdn 3.00/GJ Jan 1, 2018 to March 31, 2018 AECO fixed price National Bank 3,000…
MARQUEE MANAGEMENT AND DIRECTORS Management: Dr. William Roach, B.Sc, Ph.D, C.Eng, MIM, Peng. Interim Chief Executive Officer Howard Bolinger, CA Executive Vice President Finance & CFO Adam Jenkins, P.Eng Vice President Corporate…
CONTACT INFORMATION Howard Bolinger, CFO P: (403) 817-5568 hbolingermarquee-energy.com Adam Jenkins, VP Corporate Development P: (403) 817-0964 ajenkinsmarquee-energy.com ww.marquee-energy.com 1700, 500 4th Avenue SW…
ADVISORIES Forward-Looking Information markets; market volatility; cost inflation; foreign exchanges rates; general economic and industry conditions; health, This presentation is for information purposes only and is not intended to, and…
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