TIDEWATER MIDSTREAM & INFRASTRUCTURE LTD Pipestone Gas Storage Ram River Gas Plant Brazeau River Complex Prince George Refinery Investor Presentation March 2020 : TWM
Asset Dispositions Pioneer and Other Assets Disposition Highlights Tidewater and TransAlta Corporation (TransAlta) have signed a letter of intent with Nova Gas Transmission Limited (NGTL) to sell the Pioneer Pipeline for total cash…
Expanding the Value Chain A Diversified Midstream Company with an Expanding Value Chain, Supported by Long Term Contracts 1 MONTNEY Acquire and Build High Quality, TAYLOR CORE AREA Strategically Located, Contracted Infrastructure…
Tidewater Continues To Strengthen Customer and Contracts 75% EBITDA from long term contracts and 50% of EBITDA from Investment Grade counterparties Highlights Material cash flow to contribute to deleveraging (1) 37% 2020E Adj.…
Integrated Value Chain Tidewaters Integrated Natural Gas, NGL, and Crude Oil Value Chains Natural Gas Natural Gas Liquids Crude and Condensate 30,000 bbls/d of NGL processing 12,000 bbls/d refining capacity 1.0 Bcf/d processing…
History of Successful Acquisitions & Development Demonstrated Ability to Effectively Integrate and Enhance the Value of Acquired Assets A Jun. 2, 2015 (180 mm) B May 5, 2016 (11 mm) A Dec. 19, 2016 (30 mm) B Oct. 2018 (220 mm)(1) B Sep.…
Prince George Refinery Facility Highlights Acquisition of a highly profitable light oil refinery located in Prince George, B.C. One of two refineries in British Columbia; PGR was previously operated by Husky for over 50 years Part of…
Prince George Refinery Expanding the Pipestone Value Chain Pipestone Complex BC AB 45 API crude/condensate processed at the Pipestone Gas Plant is the ideal feedstock for the Prince George Refinery Crude is transported from…
Montney Core Area Overview Strategically Positioned to Offer Montney Customers Processing, Egress, and Storage Pipestone began processing sour gas on September 15, 2019 Montney Processing Facilities & Pipelines Throughput to increase…
Montney Core Area Pipestone Gas Plant Flagship 100 MMcf/d Gas Processing Plant, Completed on Time and on Budget Well Legend Well Producing Wells Well RR Last 12 Months Land Legend Crown - Advantage Crown - CNRL Crown -…
Deep Basin Core Area Overview Activity Continues to Increase Around Tidewaters Deep Basin Assets Pioneer Pipeline physically connects Tidewaters largest gas Deep Basin Processing Facilities & Pipelines processing complex (BRC) to a…
Edmonton Core Area Overview Edmonton Assets Provide Egress and Takeaway Options Edmonton Processing Facilities & Pipelines Tidewater has over 800 km of key pipelines and valuable right of ways at Edmonton, 600 acres of heavy…
Corporate Responsibility & Sustainability A Leader in Environmental, Social and Governance (ESG) in Canadian Energy Environmental Tidewater built and operates the Pioneer Pipeline to distribute clean natural gas to TransAltas legacy…
Corporate Responsibility & Sustainability A Leader in ESG in Canadian Energy Social Tidewater takes preventative measures to minimize the likelihood of incidents and operational downtime while safeguarding employees, the environment,…
Tidewater Corporate Profile Stock Symbol TSX: TWM Common Shares Outstanding 337 million Insider Ownership (Fully Diluted) 7.0% Market Capitalization (1) 290 million Net Debt (unadjusted for disposition proceeds) (2) 842…