Point Loma - Production Production: A History of Accretive Deals That Add Value and Scale 460% production growth per share PLX:TSXV 4
Point Loma 2017 Year End Reserves(1) Pro-forma inclusive of Gilby acquisition(2) The following table is a summary of the estimated net present values of future net revenue (before income taxes) associated with Point Loma's reserves in…
Gilby Acquisition Value Opportunity with PUD drilling locations Good Value 315 boepd, 32 % oil and ngl 779k net after adjustments Stable Base Decline Predictable decline of < 15% Diversified production base Low operating costs…
Oil Inventory Development and new pool opportunities Significant Horizontal Opportunity Base PLX 70% Zone PPUD Locations Bypass drilling Follow-up Opportunities Opportunities Upper Mannville 3 32 190 Lower Mannville 7 24 150…
Paddle River Acquisitions Consolidation of Area WI for Mannville Light Oil Acquired 12-4Hz, producing to PLX system. PLX plans to re-enter and complete 02/1-32 Hz in 2018. Point Loma has entered into agreements to acquire…
Paddle River Ostracod A Type Well Economics (1) Key Assumptions RoR NPV 10 Payout Capital Pricing (%) (M) (yrs) Drill - 1.0M WTI - 60/bbl Complete - 0.7M AECO - 2.00/GJ 1.6 50 1,250 Tie-in - 0.3M Flat price forecast 20 stage frac…
West Cove Development Nordegg Oil and Gas Development and Banff Oil Exploration 5-31Hz recompletion confirms upper section Nordegg oil/gas. Planned follow-up Nordegg Hz well with +15 potential development opportunities. PLX has…
Point Loma New Pool Opportunities PADDLE RIVER LEAMAN Horizontal Mannville oil development Water injection/ process optimization PADDLE RIVER LEAMAN Upper Mannville & Jurassic HZ oil WESTCOVE WEST COVE 3D Seismic Nordegg…
Point Loma Facilities Reducing costs and added revenue sources Facilities PLX WI Whitecourt gas processing Whitecourt facility WI 36% Paddle River Oil Battery 80% WI Leaman Leaman gas processing deal with deep cut facility…
Paddle River Ostracod Oil Optimization Plan Paddle River plan Results Construct central tankage, treating for Additional development of the Paddle River lower Mannville oil area could result in significant development. savings.…
Tidewater Leaman Facility Re-activation Plans and Increased NGL Recovery Previously suspended production targeted for re-activation in 2018. PHASE 3 Approximately 1.5 mmcfd (net) additional volume and estimated incremental 100 bpd…
Thornbury Q1 2018 Re-activation Completed Current production of 1700 mcfd net, 80% (net) WI in gas compression facility. Currently optimizing inlet pressure to maximize flow. Phase 2 proposed plan re-activate 0.6 mmcfd and 2.0…
Strategic initiatives Duvernay oil and conversion of natural gas to liquids Positioned in Duvernay oil window o Land position in east and west shale basins o Offsetting activity in both basins may lead to opportunities to…
Duvernay East & West Shale Basin Land Position on Emerging Light Oil Play RRX Licensed HZ Point Loma Map Area RRX HZ Producer Vesta Development New HZ Edmonton West Shale Basin East Shale Basin RRX HZ Red Deer…
Why Point Loma (PLX) Added Scale, Oil Inventory, Emerging Opportunities, Strategic Partnerships Growth steps in first half of 2018 o Acquisitions and internal projects have grown Point Loma in excess of 400% boepd per share since…
Contact Information Head Office Corporate Services 2000, 350 7 Avenue SW Calgary, Alberta T2P 3N9 Legal Counsel 403-705-5051 McCarthy Ttrault LLP Contacts Terry Meek, Reserve Evaluators President, CEO McDaniel & Associates…
Team Experienced Governance & Energized Team Board of Directors Management Steve Dabner, P. Geol., Chairman; Reserves & HSE Comm Terry Meek, P.Eng. President, CEO Madalena, Online, Moxie, Trimox. Bio in Board of Directors Section…
Point Loma - Reserves Significant additions since July 2016 inception 380% total proved reserves growth per share PLX:TSXV 23
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