Yangarra was recognized as a TSX Venture 50 company in 2014. TSX Venture 50 is a trade-mark of TSX Inc. and is used under license Corporate Presentation February 2014 TSX-V: YGR
Natural gas has been converted to a barrel of oil equivalent (Boe) using 6,000 cubic feet (6 Mcf) of natural gas equal to one barrel of oil (6:1), unless otherwise stated. The Boe conversion ratio of 6 Mcf to 1 Bbl is based on an energy…
Proven operational track record, on a per share basis Production per share growth of 146% since 2010 Reserve per share growth of 62% since 2010 Focus on improving economics and accelerating capital CAPEX / well down 41% since 2011…
Publicly listed junior oil and gas company TSX-V: YGR Shares Outstanding Basic 147 million Options/Warrants (weighted average 0.54) 12 million Fully Diluted 159 million Insider Ownership Basic 20% Fully Diluted 25% Market…
Third Quarter 2013 Production 2,238 boe /d Liquid Content 46% Sales Price 43.95 /boe Royalty income 0.95 / boe Royalty expense (3.42) /boe Production costs (5.45) / boe Transportation costs (1.47) / boe Operating netback 34.56 /…
Management Team Jim Evaskevich, President & CEO Randall Faminow, VP, Land 30+ years extensive executive experience with strong 30+ years of experience in all aspects of oil and gas land work, operations background including negotiation,…
2,500 14,000 12,000 2,000 10,000 (boe/d) (mboe) 1,500 8,000 1,000 6,000 4,000 500 2,000 0 0 2010 2011 2012 Production Reserves Production per share growth Reserves per share growth 2010 3% 2010 0% 2011 55% 2011 13%…
What Have We Learned About our Business 6000 25 41% reduction in Drilling Represents 70% average drilling costs of Corporate Costs 5000 since 2011 473 Staff count is down and 20 performance is up 4000 498 1,807 373 15 Equip 3000…
Drilling cost per meter Completion cost per stage 800 250,000 700 200,000 600 500 150,000 400 Cost per meter 300 100,000 Cost per 200 stage 50,000 100 0 0 2010 2011 2012 2013 2010 2011 2012 2013 10
100% 90% 80% 70% 60% IRR 50% 90% 40% 30% 67% 20% 41% 10% 24% 0% 2010 2011 2012 2013 Based on actual costs, production to date Based on actual costs and P+P reserves and type curves 11
CAPEX budget for 2014 50.0 million Budget focused on Cardium Wells - Split between Farm-in locations and pre-existing locations - Includes one Duvernay vertical test well Funded with cash flow and the existing credit facilities 2014…
Central Alberta Interest in 140 sections of land 65 total wells drilled since 2010 Focus Cardium and Glauc plays Pembina Light oil Edmonton Willesden Green High netback Ferrier Rocky Mountain House Red Deer Quick payouts…
Colorado Group Cardium 650m thick 5m Second White Specks Vertical production 30m exists in all zones Viking 5m All zones meet the criteria for horizontal drilling 2013 capital budget Glauconitic will focus on the 20m…
Gross Net Net Booked in Locations Locations 2012 reserve Inventory Type report Cardium Light Oil (includes 105 78 16 farm-in) Glauconite Liquids Rich 40 26 13 Total 145 104 29 8+ years of drilling inventory in Cardium and Glauconite…
Drilled or participated in 32 gross (18.6 net) HZ Cardium wells (26 operated) Reservoir is characterized by 60-85% oil and liquid weighting Currently being developed with four wells per section Yangarra owns a 15 % override on 11…
47 gross (29 net) sections in the Willesden Green area that offset existing Yangarra land holdings 61 gross (37 net) Cardium locations indentified Pay 100% to earn 75%, earn one section per earning well 7 net earning wells over a two…
Hoadley Glauconite Barrier Island Complex: Development of our Glauconite lands commenced in March 2010 with the drilling of our first horizontal (HZ) well Drilled or participated in 22 gross HZ (13.3 net) wells to date into the…
Significant amounts of oil have been produced over the past 30 years from vertical wells 10 to 20 million barrels of Original Oil in Place (OOIP) per section Accumulated 45 gross (35 net) sections Yangarra has 3 horizontal…
Yangarra owns 61 Gross (61 net) sections of Duvernay land North Block Three vertical strat test wells before October 2015 will continue all 60 sections until October 2020 Estimated to contain 80-100 bcf Original Gas in Place…
Oil Hedges 2014: 1,200 bbl/d hedged at 95.02/bbl 2015: 900 bbl/d hedged at 90.59/bbl Natural Gas Hedges 2014: 5,000 GJ/d hedged at 3.39/GJ or 4.20/mcf* Interest Rate Swaps 4.70% Fixed rate on 10 million (June 2014-June 2018) 4.85% Fixed…
Maximize netbacks in the current price environment by focusing on oil targets Maintain top-tier drilling and completion costs Maintain low operating costs through operational presence and cost efficiencies Continue to grow drilling…
2014 (1,200 bbl/d hedged) 2014 Natural Gas (5,000 GJ/d hedged) 100 bbl/d 98.30 WTI/CAD for 2014 1,000 GJ/d at 3.11/GJ for Jan Dec 2014 100 bbl/d 100.00 WTI/CAD for 2014 1,000 GJ/d at 3.05/GJ for Jan Dec 2014 100 bbl/d 91.40 WTI/CAD…
Cash Flow Sustainability Ratio (2013) vs. Debt / Cash Flow 500 EV Liquids 225% 500 EV Gas…
Yangarra is highly leveraged to the Duvernay play in terms of acres to Enterprise Value 29
Texas Water Demand Irrigation 55.9% Municipal 26.9% Manufacturing 9.6% Steam Electric 4.1% Livestock 1.8% Mining (including oil and gas) 1.6% The amount of water required to drill all 2916 of the Marcellus wells permitted in Pennsylvania…
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YGR PEY BNP BXE WCP DTX TVE YO TOU RMP NVS NGL Production 2,238 56,343 73,580 21,852 21,448 7,573 3,162 2,384 74,096 6,639 4,637 10,255 Gas Weighting 54% 89% 63% 72% 31% 20% 41% 69% 89% 49% 12% 42% Netback 34.56 21.13 21.55 20.37…
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