The Hemisphere Strategy Creating shareholder value with increasing cash flow... Grow Production and Reserves 250% production growth since accessing capital with a term loan debt deal in Sep 2017 Doubled PDP valuation and grew 1P and 2P…
The Snapshot TSX Venture / OCT HME / HMENF Share Price 0.15 Oct. 1, 2019 52 Week Range 0.09 - 0.26 Basic Shares Outstanding 89.4 MM FD Shares Outstanding 111.3 MM Insider Ownership (Fully Diluted) 26% Enterprise Value* 46.0 MM Q2…
The Long-Term Value Growth 2.21 NPV10 BT* 12.0 200.0 Reserves* 2.25 11.0 180.0 2.00 48% Growth 70% Growth per share 2P 10.0 through drilling and 160.0 in the last year 55.6 9.0 waterflood in the 3.0 1.75 last year 140.0…
The Recent Production Growth 3000 30 Sep 2017: Refinanced with 5-year term loan and started active development 2500 25 2000 20 Boe/d per million shares Boe/d 1500 15 1000 10 500 5 0 0 Production…
The Changing Debt Story 40,000 2,500 35,000 Annualized Funds Flow, Net Debt (M) 2,000 30,000 25,000 Production (boe/d) 1,500 20,000 Debt:FF 1.4 15,000 1,000 10,000 5,000 500 0 Q118 Q218 Q318 Q418 Q119 Q219…
The Bottom Line 70.0 Funds Flow: 60.0 Revenue Revenue, Costs, and Resulting Funds Flow (/boe) 54% 50.0 Production Sales Revenue 40.0 Opex/trans Royalties 30.0 Hedging / FX loss Net G&A 20.0 Loan Interest Funds Flow…
The Foundation Assets Southeast Alberta Focus JENNER ATLEE BUFFALO Edmonton Atlee HME Land Buffalo Calgary Jenner 8
Atlee Buffalo: The Growth Opportunity o F Pool G POOL 31 MMbbl OOIP* Only 5% current oil recovery factor o G Pool 40 MMbbl OOIP* Only 4% current oil recovery factor o Working Interest 100% in both pools o Excellent Geological Control…
Atlee Buffalo: The Development Plan G POOL 2019 Accomplishments Drilled 11 wells Expanded G pool facilities to handle increased oil production F POOL New wells onstream with current production 75% higher than Q4 2018 Continue to…
Atlee Buffalo: The Reserve Upside Potential 2P Booked Potential Additional Cumulative Reserves as at (Unbooked) Reserves Pool OOIP* Production to-date December 31, 2018 At Various RF*** (MMBbl) (MMBbl) (MMBbl) (MMBbl) 25% 35% 45%…
The Hemisphere Investment Assets for Growth High rate of return projects with production and reserve growth through strategic low- risk, minimal capital expenditure, and fast payout projects Multi-year, low-risk drilling inventory in…
The Driven Leadership Management Don Simmons, P.Geol. President & Chief Executive Officer Over 19 years of experience technical, operational and management experience (Alberta Energy Company, Encana, Sebring) Board of Directors…
Don Simmons, President & CEO Telephone: 604.685.9255 Email: simmonshemisphereenergy.ca Suite 501 905 West Pender Street Vancouver, British Columbia V6C 1L6