High Impact Oil Opportunities: Rex Oil, Lower Mannville, Banff Oil, Duvernay Shale Investor Presentation September 2019 TSXV: PLX www.pointloma.ca
Introduction to Point Loma Applying Horizontal Multi-Stage Frac Technology Across Large 220+ Net Section Land Position Multi-Zone Horizontal Oil Business Model: Central Alberta Focus Apply innovative new technology to known High…
Point Loma Core Assets Bypassed Pay Opportunities Extending Oil Discovery Trends Large, Concentrated Land Position Over 140,000 net acres (220 net sections) in West Central Leaman Alberta 80% operated Paddle Ownership of…
Point Loma Mannville Oil Opportunities Advanced Oil Inventory Advanced Inventory Leaman - Upper Mannville Oil Rex Oil Play Wizard Lake Rex Oil Analog Drilling New pool opportunity Area 20 follow up drilling opportunities…
Summary of Near-Term Activities Planned 2019 PRIORITIES TARGETS Increase Oil Production Wizard Lake Rex Oil Move from initial discovery to production and June 2019 Facilities complete, discovery well development of Rex oil pool…
Wizard Lake: Rex Oil Discovery Significant New Oil Pool First of 2 Farmout wells drilled and tested New discovery area located between Blackspur Sparky pool and Altura Rex pool. Analog Pools Point Loma has drilled a 1,200 m lateral…
Rex (Upper Mannville) Oil Latest Horizontal Success Delineation Well Yields 700 boepd Test with Increasing Oil Rates Well was placed on test Aug. 29, 2019 through September 4, 2019. Total Fluid 8,252 bbl Load Fluid 18,147 bbl…
Wizard Lake: Rex Oil Discovery Top Tier Reservoir vs. Offsets New Pool Discovery Tests 300 b/d of Oil(1) DRAFT Blackspur HZ 02/10-6 Point Loma Altura HZ 3-2-46-26W4 IP 630 boe/d HZ 01-0848-27W4 IP 400 boe/d Cumulative to date…
Wizard Lake Rex Oil Top Tier Oil Pool Latest delineation well tests 700 boepd (350 bpd oil) 16-17 Discovery Well 1-8 Delineation Well New 1-8 delineation well extends reservoir 2018 YE Total Proven and Probable reserves…
Upper Mannville Oil Second Rex Oil Play in Inventory Wizard Lake Rex Oil Analog is Drill Ready Point Loma lands 16-34-57-10W5 U. Mnvl trend Primary opportunity (1-34) Potential opportunities Gas Pipelines Bypass pay and oil…
Banff Oil Offsetting Pool Sizes Up To 90 Million Barrels 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…
Paddle River: Light Oil Lower Mannville Development Drill development wells with new horizontal technology Primary locations Construct fluid treating facilities to reduce Future development operating costs and improve future well…
Paddle River: Development Drilling Plan to offset the best well with advanced completion techniques 1-32-55-7W5 well had initial oil rate of 400 bpd and has cumulative production over 130 mstb and 0.3 BCF Still producing 40 bpd oil…
Lower Mannville Oil Extending a Low Risk Light Oil Play Paddle River Lower Mannville Oil Analogs Across Large Land Position Point Loma lands Ostracod trend Licensed location (15-10) Potential opportunities Gas pipeline…
Duvernay West Shale Basin Land Position on Emerging Light Oil Play Point Loma 2015-2019 Crown Sales (Under Broker) 1,000 Journey Vesta Baytex Crescent Point Teine Duvernay HZ Drills & Licenses The Duvernay play continues…
Upcoming Milestones / Catalysts for Stock Re-Rate Q2 2019 New Rex Oil Discovery placed on production Strategic farm-out agreement to develop Rex oil pool announced with two fully carried horizontals included one extended reach…
Why Point Loma Ownership in PLX provides exposure to High Impact Oil Drilling with Significant Growth Potential in Oil Production and Reserves EXPOSURE TO RESULTING IN High impact oil targets Increasing oil weighting, added oil…
Corporate Snapshot Point Loma (TSXV: PLX) Ownership Share Price (CAD)(1) 0.13 Management and Directors 15.0% Market Cap (CAD) 9.8M Evenergy Company Limited* 14.6% Basic Shares Outstanding as of June 30, 75.1M 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…
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…
Improving Well Performance as Horizontal Technology Advances Strategy Horizontal Multi-Stage Frac Technology Leduc/Wizard Lake Upper Mannville IP 90 Vs. Time Vertical Wells Horizontal Wells Advanced Completions Horizontal…
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