YANGARRA HIGHLIGHTS 2020 RESET POSITIONS YANGARRA FOR STRONGER & SUSTAINABLE BUSINESS PLAN Responsible allocator of capital optimizing full-cycle returns for shareholders by generating 20+ years positive net-income earnings in the…
CORPORATE SNAPSHOT WELL CAPITALIZED, STRONG INSIDER OWNERSHIP & A DEFINED RESOURCE BASE CAPITALIZATION SUMMARY CARDIUM LAND POSITION Additional Information Basic Shares mm 85.4 17% Insider Ownership Options mm 5.0 0.87 Weighted…
GUIDING PRINCIPLES EMPHASIS ON LONG-TERM RETURNS, MITIGATE SHORT-TERM VOLATILITY Be experts in core area of operations OPERATIONAL Meticulously concentrate on cost structure FOCUS Leverage off capital spent to date; go-forward…
LEADERSHIP EXPERIENCED & GEARED FOR DEVELOPMENT MANAGEMENT TEAM BOARD OF DIRECTORS Jim Evaskevich - 30+ years of extensive executive experience Gordon Bowerman - President of Cove Resources Ltd. President & CEO - Strong field &…
CARDIUM EVOLUTION CARDIUM PAYOUTS COMPETE WELL WITH OTHER NORTH AMERICAN PLAYS; CHEDDERVILLE STACKS UP EVEN BETTER CONVENTIONAL CARDIUM HALO CARDIUM CARDIUM RELATIVE TO NORTH AMERICA North American Oil and Natural Gas Plays…
CARDIUM REVOLUTION BIOTURBATED ZONE CONTRIBUTES MATERIALLY TO HALO CARDIUM POTENTIAL ORIGINAL LOG & BIOTURBATED CORE EXAMPLE NEW FRAC PLANE Willesden Green T41-R6W/5 Net Pay Old Well Path Upper 2.5-4.0m TECHNOLOGY…
REVISED 2020 PLANS HALF CYCLE ECONOMICS TO DRIVE PROFITABILITY & GROWTH PRE-2018 LANDS Infrastructure & land capture in place Remaining 2020 capital devoted to drilling & completions Flexible capital spending plan allows Yangarra…
CARDIUM INVENTORY DISCIPLINED APPROACH DRIVES LAND ACQUISITION STRATEGY LAND & INVENTORY SUMMARY ILLUSTRATIVE SECTION EXPLOITATION STRATEGY EXPLOITATION STRATEGY Gross Net WI 4 WELLS / 8 WELLS / Total Sections 165.5 147.8 ONE…
RISKED ECONOMICS APPLYING 20% RISK FACTOR TO PREVIOUS UN-RISKED TYPE CURVES RISKED WEIGHTED-AVERAGE TYPE CURVE PRODUCTION PROFILE RISKED WEIGHTED-AVERAGE TYPE CURVE ASSUMPTIONS 1.5 Mile 450 Total (boe/d) DCET mm 3.75 % Oil EURs &…
PRODUCTION LOGISTICS INSTRUMENTAL IN CREATING SUSTAINABLE LOW-OP COST STRUCTURE YANGARRA INFRASTRUCTURE CONVENTIONAL THINKING Build massive contiguous land base Drive down costs by overcapitalizing infrastructure (oil pipelines &…
ENVIRONMENT SOCIAL GOVERNANCE STRATEGY PRAGMATIC APPROACH ADDRESSES INVESTOR CONCERNS WHILE DRIVING RETURNS Yangarra focuses on creating long-term shareholder value through financial discipline while minimizing Yangarras…
APPENDIX RISK MANAGEMENT, ANALYST COVERAGE, PRESENTATION FOOTNOTES & FORWARD LOOKING STATEMENTS yangarra resources ltd. OCTOBER 2020 PG 13 (Refer to end of presentation for slide notes & advisories)
ANALYST COVERAGE BROADLY COVERED BY THE STREET Acumen Capital Finance Partners Ltd. Cormark Securities Inc. Peters & Co Trevor Reynolds Amir Arif, CFA Dan Grager treynoldsacumencapital.com aarifcormark.com dgragerpetersco.com (403)…
PRESENTATION FOOTNOTES OCTOBER 2020 Slide 2: ROCE: Trailing 12-month EBIT as at December 31, 2019 divided by (Total Assets less Current Liabilities); ROE: Trailing 12-month net income as at December 31, 2019 divided by Shareholders…
PRESENTATION FOOTNOTES OCTOBER 2020 NonIFRS and Additional IFRS Measures This document contains funds flow from (used in) operations, which is an additional IFRS measure. The Company uses funds flow generated from (used in)…
FORWARD LOOKING STATEMENTS (CONT.) The forward-looking statements contained in this presentation are made as of the date on the front page and the Company assumes no obligation to update publicly or to revise any of the included…