High Impact Oil Opportunities Investor Presentation June 2019 TSXV: PLX www.pointloma.ca
Point Loma - Snapshot New Discovery Will Increase Oil Weighting TSXV New Rex Oil 720 boepd PLX On production June 29% Oil & NGL Expected increase oil weighting 2019 and rate in June 2019 C0.21 71.5 Million C20.2 Million Share…
Introduction to Point Loma Strategy West Central Alberta Business Model: Multi-zone Horizontal Oil Central Alberta Focus Mannville Upper, Lower High impact new technology Nordegg-Banff Oil weighted opportunities Duvernay…
Leadership Team Management Experienced Governance & Energized Team Terry Meek, P.Eng., President, CEO and Board Director Terry has 30+ years of experience in the conventional and unconventional oil & gas industry. Former Founder,…
Leadership Team Board of Directors Experienced Governance & Energized Team Steve Dabner, Chairman Steve is the former Vice President Exploration and New Ventures at Madalena. Mr. Dabner has 30+ years of industry experience, including…
Oil & Gas Industry Overview Challenges and Trends Challenge Challenge Oil Egress Gas Egress Result Result Alberta Restrictions, Shell LNG and US Rail, Pipelines have exports redefine improved market boundaries differentials…
Point Loma Core Assets Bypassed Pay Opportunities Extending Oil Discovery Trend Large, Concentrated Land Position 150,000 net acres (230 net sections) in West Central Alberta Leaman 80% Operated Paddle Ownership of production…
Point Loma Mannville Oil Opportunities Advanced Oil Inventory Advanced Inventory Leaman - Upper Mannville Oil Heavy Oil New pool opportunity Drilling 20 follow up drilling opportunities Area 200-400 Bbl/d potential Opportunities…
Summary of High Impact Activities Planned 2019 Priorities Targets Increase Oil Production Wizard Lake Rex Oil Move from discovery to production and June 2019 Facilities complete, produce development of Rex oil pool discovery well full…
Wizard Lake: Rex Oil Discovery Significant New Oil Pool 2 follow up wells planned for 2019 New discovery area located between Blackspur Sparky pool and Altura Rex pool. Analog Pools Point Loma has drilled a 1200 m lateral section…
Wizard Lake: Rex Oil Discovery New Pool Discovery Tests 300 b/d of Oil BLACKSPUR ALTURA 02/10-6Hz 4-22Hz IP 630 boe/d IP 220boe/d Cum to date 102 mboe Cum to date 35 mboe POINT LOMA 16-17-48-27W4Hz Test 340 boed Blackspur…
Wizard Lake Rex Oil Development Opportunities 16-17 Discovery Well Point Loma Discovery well 16-17-48-27W4M Total Proven and Probable reserves booked 525 mbbl, 3 PUD, 1 PB Rex Trend Total Proven and Probable NPV 10% 8.8M…
Wizard Lake Rex Oil Initial Development Plan Final 24 hr rates Oil: 305 bbl/d Gas: 213 mcfp/d Fluid: 950 bbl/d *sales oil was 55% above measured rates On Production June 2019 Existing 1-17 padsite 11-17 multiwell battery…
Paddle River: Legacy Oil Development Full Field Development and Optimization Primary locations Future development Construct fluid treating facilities to reduce Convert to water injection operating costs and improve future well…
Upper Mannville Oil Wizard Lake Oil Analog Point Loma lands 16-34-57-10W5 U. Mnvl trend Primary opportunity (1-34) Potential opportunities Gas Pipelines Bypass pay and oil shows indicate presence of a large unconventional…
Lower Mannville Oil Paddle River Lower Mannville Oil Analog Point Loma lands Ostracod trend Licensed location (15-10) Potential opportunities Gas pipeline 102/10-10-054-09W5 Lower Mannville Ostracod TSXV:PLX 18
Banff Oil 3D Imaging Identifies Two High Impact Oil Targets Banff exploration targets Two Banff seismic features are on trend with other significant Banff pools in the area. In addition, bypass pay and oil shows have been…
Duvernay West Shale Basin Land Position on Emerging Light Oil Play Point Loma 2015-2019 Crown Sales (Under Broker) Journey Vesta Baytex Crescent Point Teine Duvernay HZ Drills & Licenses The Duvernay play continues to…
Why Point Loma Ownership in PLX provides exposure to High Impact Oil & Value Growth Exposure to: Resulting in: High impact oil targets Increasing oil weighting, added oil reserves New discovery/Multi-zone exploration Rex…
Milestones Q4 2018: Drilling program in the Companys core West Central Alberta region targeting oil play in Rex oil, Upper Mannville, Company has drilled and completed Rex oil well. Q2 2019: New Rex oil well on production June…
Corporate Snapshot Point Loma (TSXV: PLX) Ownership Share Price (CAD)(1) 0.21 Management and Directors 15.0% Market Cap (CAD) 15.0M Evenergy Company Limited* 15.3% Shares Outstanding as of Mar. 31, 2019 71.5M Institutions est. 14.6%…
Contact Information Head Office 2000, 350 7 Avenue SW Calgary, Alberta T2P 3N9 Phone: 403-705-5051 Company Contacts Corporate Services Terry Meek, President & CEO Legal Counsel 403-705-5051, e444 McCarthy Ttrault LLP…
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