INTRODUCTION Razor is an Alberta-based upstream oil & gas, oilfield services and power generation conglomerate traded under symbol RZE on the TSX Venture Exchange Advanced Responsible Power liability oil and gas generation…
CORPORATE STRUCTURE Razor is evolving as a full cycle, full service, technologically-focused oil and gas entity providing energy solutions for a changing social and economic environment Razor intends to capitalize on the evolution of…
RAZOR ENERGY 5
DIVIDEND/GROWTH MODEL Rationale, Benefits & Sustainability of our 7+% Dividend Capital Efficiencies Light oil focused development plan has demonstrated capital efficiencies of under 10,000 per boepd. Production Decline Rates…
CORPORATE TIMELINE Q4 2017 Q1 2018 Q2 2018 Q3 2018 Closed 2nd Continued 6,000 Production by Quarter Closed 1st Kaybob Triassic Kaybob Continued efforts reactivating shut-in efforts Q4 2018 & Q1 2019 reactivating Deferred capital…
CORPORATE PROFILE Shares outstanding - basic equals fully diluted (MM) 15.1 ** No options, warrants or other derivatives outstanding** Market capitalization (MM 2.00/share) 30 Net debt - March 2019 (MM) Term debt (due January, 2021)…
2018YE RESERVES & NET ASSET VALUE Reserves at December 31, 2018 Net Asset Value Razors 2018YE Reserves Report NPV (before tax) (less 59.5MM incorporates the Society of Petroleum Company Gross Reserves Evaluation Engineers…
SWAN HILLS/KAYBOB CORE REGION East Swan Hills Unit (Op'd 100% wi) 459 (322 net) sections, or 293,760 Virginia Hills BHL (206,080 net) acres, of land (held by Units No. 1 & 2 (Opd 100% and 75%) South Swan Hills production) with…
LOW DECLINE REACTIVATIONS Razor has added 1,850boepd for 15.8MM by reactivating 72 (66 net) wells since 2016 events current production 2018Q4 voluntary production curtailment & Production down due to plant fuel-gas supply (…
SOUTH SWAN HILLS UNIT EXAMPLE OOIP 1.1 billion barrels Cum 395 million barrels Rec Factor 36 percent Discovery 1961 Ongoing Development Razor Continue with well & pipeline reactivations reactivation Re-perforations and…
RAZOR POWER 13
NATURAL GAS POWER GENERATION Power is Razor Energys single largest operating cost In July 2018, Razor invested 10MM in the design, construction and commissioning of 9.5MW of natural gas reciprocating engine power generation at South…
GEOTHERMAL POWER - SOUTH SWAN HILLS South Swan Hills geothermal advantage 84 producing wells including 14 wells with temperature 100oC 108 km of operating pipelines Hot water produced at surface flows through legacy…
GEOTHERMAL POWER PROJECT Power revenue The best, first test of geothermal power from grid-connect co-production in Canada 23-27 MW Strong Federal and Provincial support based on technical turbine electricity merit natural 15 MW…
BLADE ENERGY SERVICES 17
BLADE ENERGY SERVICES Blade Energy Service Ltd. is a wholly-owned subsidiary of Razor. Blade has been established to enable Razor to become the top proactive environmental liability manager in Western Canada. Blades mandate is to…
RAZOR & THE ROAD AHEAD Increase oil and gas asset value Increase light oil production Reduce consolidated operating costs through vertically-integrated solutions utilizing Blade Energy Services and Razor Power Proactively and…
CONTACT INFO Doug Bailey President & Chief Executive Officer 1.403.262.0242 dbaileyrazor-energy.com Corporate Office Investor Relations Razor Energy Corp. Alliance Capital Partners 800, 500 - 5th Ave. S.W. Gordon Aldcorn…
PARTNERS AIMCo Principal Lender & Largest Shareholder Sproule and Associates Independent Reserves Evaluator Stikeman Elliot Legal Services KPMG Independent Financial Auditor Alliance Trust Transfer Agent RZE TSX-V 21
MANAGEMENT Doug Bailey President, Chief Executive Officer and Director Doug Bailey is a designated accountant with over 20 years of commercial experience from heavy infrastructure construction to oil and gas exploration and production.…
BOARD OF DIRECTORS Sony Gill Chairman Sanjib (Sony) Gill is a partner at Stikeman Elliot LLP and is a member of the Business Law Group in Calgary. Mr. Gill has dealt with all aspects of a public and private companys creation, growth,…
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