Corporate Overview Founded in 1976; IPO in 1978; TSX: POU Market Cap: 1.0 Bln (130.9 MM shares 8.00/sh) Insider ownership: 46% Net Debt: 797 MM (1) Total land position 3.0 million net acres including: 330,000 net Montney acres…
Highlights Transaction Highlights May 2017 closed the sale of Valhalla assets for 150 MM August 2017 closed Apache Canada acquisition for 487 MM September 2017 merged with Trilogy for 1 POU share for every 3.75 TET shares July 2018…
Grande Prairie Snapshot Operational Highlights 2018 Program Karr: drill two five-well pads; complete 1 pad Wapiti: drill 23 wells; complete 11 wells YTD Sept 30/18 Sales: 25,750 Boe/d (50% liquids) Asset Summary Resthaven/Jayar…
Karr Montney Asset Detail (1) Operational Highlights Wells on the 1-2 pad are completed and on production Wells on the 4-24 pad are rig released and will be completed and brought on production in 2019 Avg peak 30-day wellhead rate of…
Wapiti Montney Asset Detail (1) Operational Highlights 9-3 pad wells drilled and completed: the completions set several new records due to advances in well design and program execution Additional 12 wells commenced drilling on the…
Kaybob Snapshot (1) Operational Highlights 11 of 13 planned Montney oil wells have been drilled and put on production 9 of 14 planned Duvernay wells are completed and on production; drilling operations commenced on the 2-28 pad…
Kaybob Duvernay Asset Details (1) Operational Highlights Kaybob Smoky 10-35 pad: 4 wells drilled, completed and flowing through permanent facilities Kaybob South 7-22 pad: 5 wells drilled, completed and on production with an average…
Kaybob Montney Oil Development (1) Operational Highlights 2018 activity: 11 of 13 Montney horizontal wells are completed and on production Two remaining wells were drilled in Q4 2018 Asset Potential Discovered 2011 with 150 wells…
Central Alberta & Other Snapshot (1) Operational Highlights 2018 Program: 5-29-39-4W5 hz Duvernay well at Willesden Green on production: peak 30-day rate of 944 Boe/d (total producing days 95) Three Glauconite wells at Leafland have…
(1) Willesden Green Operational Highlights Horizontal well at 5-29 completed and on production Asset Potential Duvernay Shale Play 59,686 acres of land (100% WI) Drilled and completed 5 Hz Duvernay wells to date 00/05-29 Cum…
2018 Capital Program 2018 Capex 600 million (excluding acquisitions & divestitures) Plan included drilling 68 development wells and completing 47 of those wells 47 well completions represent 11% of PRLs P+P undeveloped locations (1)…
Midstream & Marketing Strategy Midstream Portfolio Positioned for Growth Karr 06-18 Takeaway capacity secured to manage Montney and Duvernay growth plan through 2021 Owned and operated infrastructure coupled with 3rd party midstream…
Strategic and Long-Term Investments 1) Please refer to the heading Reserves and Other Information in the Advisories Appendix. 2) Publicly disclosed by competitor. 15
The New Paramount Intermediate E&P company with an extensive portfolio of liquids-rich unconventional plays and the financial strength to exploit those opportunities Significantly Expanded Reserves: 149 MMBoe PDP, 376 MMBoe Proved,…
Appendix: Additional Information
Performance 1) Represents midpoint of 2018 production guidance 2) As evaluated by McDaniel & Associates Consultants Ltd. as of December 31, 2017. 18
Paramount Completion Evolution Technology and Fluid: Open Hole Packers and Energized Oil Lateral Length and Stage Spacing: Up to 1,600m and 100m (16 stages) Proppant Loading and Proppant Type: Up to 0.6 t/m (400 lbs/ft) and uniform…
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