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)(2) Trading at discount to proven reserves per share The following table is a summary of the estimated net present values of future net revenue (before income taxes) associated with Point Loma's…
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…
Sanford - Corporate Acquisition Value deal with oil drilling opportunities Good Value 130 boepd, 28 % oil and ngl 1.2M net after cash on hand Stable Base Decline Predictable decline of < 15% Diversified production base Glcc trend…
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…
Point Loma Oil Pool Opportunities Deep Inventory PADDLE RIVER Horizontal Mannville oil development Water injection/ process optimization LEAMAN Exploration for Upper Mannville & Jurassic HZ oil WEST COVE 3D Seismic Banff…
Oil Inventory Development and new pool opportunities Significant Horizontal Opportunity Base PLX 80% Zone PPUD Locations Bypass drilling Follow-up Opportunities Opportunities Upper Mannville 3 32 190 Lower Mannville 7 24 150…
Paddle River 2018 Proposed Program Drill two Hz development locations Approx 1.6M DC&E Add water handling facilities to eliminate excess fluid handling costs Operating cost reduction 0.7M per year Capital approx. 1.5M…
Paddle River Full field development opportunities 2018 program includes 2 Hz drills (green) . Full field development includes an additional 14 locations (4 PUD, 1 Prob, 9 drilling opportunities). Waterflood potential…
Paddle River Ostracod A Type Well Economics (1)(2) Key Assumptions RoR NPV 10 Payout Capital - Gross Pricing (%) (M) (yrs) Drill - 1.0M WTI - 70/bbl Complete - 0.7M AECO - 1.80/GJ 75 1,685 1.2 Tie-in - 0.3M Flat price forecast…
West Cove Exploration 3D identifies new Banff Exploration targets *Geoscout, cumulative production to date Banff exploration targets Two Banff seismic features are on trend with other significant Banff pools in the area. In…
West Cove Exploration Banff Oil PLX has merged our recently acquired 3D shoot with trade 3D data to delineate Banff structures identified as bypass pay on logs. PLX new 3D Trade 3D Key bypass wells Nordegg depth…
Wildwood Ostracod Exploration Opportunity Key well leads to development opportunities 15-10Hz is approved and licensed as an exploration target. Keying off bypass oil at 02/10-10, success at the 15-10Hz exploration well leads to 6…
Duvernay West Shale Basin Land Position on Emerging Light Oil Play Point Loma has 15,680 acres (12,544 net) of BBMC 3-26 Oil Discovery prospective Duvernay rights on trend with recent industry drilling and land sale activity Shale…
Duvernay West Shale Basin Land Position on Emerging Light Oil Play Paddle River Pigeon Lake Ferry Bank 18 PLX:TSXV
Why Point Loma (PLX) Added Scale, Oil Inventory, Emerging Opportunities, Strategic Partnerships Value Growth o Acquisitions and internal projects have grown Point Loma production in excess of 400% boepd per share since inception, July…
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 24