YANGARRA YOU DONT NEED AN INTRODUCTION TO SUCCEED IN LIFE. YOU NEED TO HAVE GOOD WORK. OSCAR DE LA RENTA Strong track record of generating net income throughout volatile commodity cycle Highly incentivized and aligned management &…
CORPORATE SNAPSHOT SIMPLICITY IS THE ULTIMATE SOPHISTICATION LEONARDO DA VINCI CAPITALIZATION SUMMARY 2020 YTD OPERATIONS SUMMARY Additional Information Q3 2020 Production* boe/d 8,409 YTD 2020 Avg. boe/d 10,129 Basic Shares mm 85.4…
20+ YEARS OF RUNNING ROOM BEAUTY IS IN THE EYE OF THE BEHOLDER GREEK PROVERB 70,400 gross acres (Tier 1) 38,880 gross acres (Tier 2/3) Tier One inventory assuming 24 two-mile wells/year: 6 well density: 10.5 years 8 well…
LEADERSHIP A SMOOTH SEA NEVER MADE A SKILLED SAILOR FRANKLIN D. ROOSEVELT MANAGEMENT TEAM BOARD OF DIRECTORS Jim Evaskevich - 30+ years of extensive executive experience Gordon Bowerman - President of Cove Resources Ltd. President…
TRACK RECORD OF GROWTH PROGRESS IS IMPOSSIBLE WITHOUT CHANGE, AND THOSE WHO CANNOT CHANGE THEIR MINDS CANNOT CHANGE ANYTHING GEORGE BERNARD SHAW PRODUCTION PROFILE CAPEX & PER WELL COSTS 14,000 2.2 160 D&C CAPEX 5.0 Oil & NGLs…
FOCUS ON EARNINGS AND LIVING WITHIN CASHFLOW ONE BAD CHAPTER DOESNT MEAN YOUR STORY IS OVER - ANONYMOUS HISTORICAL EARNINGS LIVING WITHIN CASHFLOW 120.0 2018 ROCE: 11.6% 0.60 120 2019 ROCE: 10.0% Cumulative Cashflow 100.0 0.50…
FIVE-YEAR POTENTIAL SIMPLE CAN BE HARDER THAN COMPLEX STEVE JOBS FLAT PRODUCTION (10,000 BOE/D) VS. INTERNALLY FINANCED GROWTH SCENARIO Full Development Annual FCF Cumulative 5-year FCF Price Scenarios (mm) Flat Growth % Delta…
CURRENT DEVELOPMENT TYPE CURVE THE GOOD, THE BAD & THE UGLY: THE AVERAGE OF EVERY WELL IN PROPOSED BUDGET TYPE CURVE FOR PROPOSED DRILL PROGRAM (AVERAGE OF ALL 1.5/2.0-MILE WELLS IN TIER 1 AREAS) Lower DC&T 2.0 Mile Costs mm 3.25…
CARDIUM EVOLUTION ITS AN OLD SAYING BUT IT WORKS: THE BEST PLACE TO FIND OIL & GAS IS WHERE THERE IS ALREADY OIL & GAS CONVENTIONAL CARDIUM HALO CARDIUM CARDIUM RELATIVE TO NORTH AMERICA North American Oil and Natural Gas Plays…
CARDIUM REVOLUTION SOME PEOPLE SAY THAT LESS IS MORE. BUT I THINK MORE IS MORE DOLLY PARTON ORIGINAL LOG & BIOTURBATED CORE NEW FRAC PLANE Willesden Green T41-R6W/5 Net Pay Old Well Path Upper 2.5-4.0m Upper Sand TECHNOLOGY…
OWNED & OPERATED INFRASTRUCTURE LOWERS COSTS A PICTURE IS WORTH A THOUSAND WORDS, SO HERE IS YANGARRAS PH.D. THESIS Added seven emulsion Completion of gas Results: hauling trucks handling & process 108 mmcf/d gas-handling Central…
ENVIRONMENT SOCIAL GOVERNANCE STRATEGY A PACK OF LEMMINGS LOOKS LIKE A GROUP OF RUGGED INDIVIDUALISTS COMPARED WITH WALL STREET WHEN IT GETS A CONCEPT IN ITS TEETH - WARREN BUFFET Yangarra is a leader on good environmental…
CONCLUSION FINALLY, IN CONCLUSION, LET ME SAY JUST THIS PETER SELLERS In the past five years, Yangarra has almost exclusively focused on the bioturbated Cardium 20+ years of inventory The expertise built-up in de-risking this play…
APPENDIX RISK MANAGEMENT, ANALYST COVERAGE, PRESENTATION FOOTNOTES & FORWARD LOOKING STATEMENTS yangarra resources ltd. JANUARY 2021 PG 15 (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 Garett Ursu, CFA Dan Grager treynoldsacumencapital.com gursucormark.com dgragerpetersco.com…
PRESENTATION FOOTNOTES JANUARY 2021 Slide 3: For FFO see definition on slide 18 Slide 4: Tier 1 includes acreage in Chedderville, Cow Lake, West Ferrier and East Willesden Green. Years of inventory calculated using (well density…
PRESENTATION FOOTNOTES JANUARY 2021 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…