High Impact Oil Opportunities: Mannville Horizontal Multi-Stage Frac Technology Investor Presentation December 2019 TSXV: PLX www.pointloma.ca
Introduction to Point Loma Applying Horizontal Multi-Stage Frac Technology Across Large 250+ Net Section Land Position Multi-Zone Horizontal Oil Business Model: Central Alberta Focus Apply innovative new technology to known High…
Wizard Lake Transaction Accretive deal adds capital and focus on core properties To PLX Cash Balance Sheet 4M cash, 1.2M in December 2019, 2.8M in March Reduce Working Capital Deficit 2020,0.8M payout account eliminated Shares Upside…
Point Loma Core Assets Bypassed Pay Opportunities Extending Oil Discovery Trends Large, Concentrated Land Position Over 165,000 net acres (250 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…
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…
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…
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…
Upcoming Milestones / Catalysts for Stock Re-Rate Q1 2020 Increase production with swap and reactivations 900 boepd Close 2nd cash portion of Wizard lake transaction Balance 2020 Drill Paddle river development well and add…
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) 0.055 Management and Directors 5.3% Market Cap (CAD) 4.9M Evenergy Company Limited* 12.3% Basic Shares Outstanding as of June 30, 89.0M Institutions est. 21.6%…
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…