Hemisphere is a growing energy company We reimagine technical solutions to repurpose assets in the energy industry, building value and wealth from resources TSX-V: HME OTCQB: HMENF 2
The Hemisphere Strategy: Create Shareholder Value Simple Clean Profitable Unique One core area Minimal Low cost operations Active share with two oil pools decommissioning and high free funds buyback program liabilities flow…
Concentrated Canadian Oil Resource 2020 Year End Reserves* Proved + Probable (2P) NPV10 BT / Reserves 211 MM / 14.9 MMboe Proved (1P) NPV10 BT / Reserves 170 MM / 11.7 MMboe Proved Developed Producing (PDP) NPV10 BT / Reserves 81 MM…
US60/bbl WTI Guidance*: Near Term Growth & Debt Repayment 2021 2022 Average Annual Production 1,900 boe/d 2,550 boe/d Exit Production 2,200 boe/d 3,000 boe/d Adjusted Funds Flow from Operations (FFO)** 19 million 30 million FFO…
High Free Funds Flow Yield: Pricing Sensitivities* WTI US50/bbl** WTI US60/bbl*** WTI US70/bbl**** 2021 2022 2021 2022 2021 2022 Adjusted Funds Flow from Operations (FFO) million 17 23 19 30 20 36 FFO per Basic Share /sh 0.20 0.26…
Reserves: Long life. High Quality. Low decline. EOR. McDaniel Reserve Report Valuations* 2P 211 Million NPV10 BT 1P 170 Million NPV10 BT PDP 81 Million NPV10 BT All decommissioning liabilities are accounted for in these valuations…
Top-Tier Oil Resource: Best per Barrel Value of Reserves 20.00 18.00 16.00 HMEs value of reserves in Value per Barrel of Reserves* 14.00 ALL categories is higher than its oil-weighted peers 12.00 /boe 10.00 8.00…
Exceptional Opportunity in the Market 3.0 Ratio of Enterprise Value to Reserve Value** 2.5 Most peers are trading 2.0 well above PDP valuations 1.5 1.0 0.5 0.0 Peer group includes Canadian conventional…
Debt Adjusted Reserve Value / Share Sensitivity 3.50 3.22 3.00 2.60 2.56 2.50 2.05 2.12 /share* 2.00 1.64 1.50 1.07 1.00 0.83 0.63 0.50 HME Mar 29/21 trading price: 0.45/share - Proved Developed Total Proved (MM)…
Our Resource: Atlee Buffalo Core Area 2 Oil Pools 84 MMbbl total oil in place* 5% recovery to date between the pools (Atlee Buffalo Upper Mannville F and G pools) Low risk, highly lucrative EOR projects Hemispheres Atlee G Pool…
Development Plans 2021 Plans Convert G pool water flood to polymer flood Drill 3 G pool wells Expand G pool facilities to handle increased oil production Before Evaluate and submit applications to AER for Polymer F pool polymer…
The Technical Advantage of Polymer Floods Tried and True Proven method of enhanced oil recovery (EOR) Polymer is added to injection water to increase its viscosity (similar to olive oil) Wall is built between water and oil to push…
An Exciting Change Polymer flooding is successfully used in hundreds of oil pools by companies around the world, including: Athabasca, Bankers Petroleum, Baytex, CNRL, BP, Caltex, Chevron, Enerplus, Hillcorp, Husky, IPC, Whitecap and…
Environmental Social Governance: Creating shareholder value with shared values Stakeholder value is driven when we take care of the environment Low decommissioning liabilities No surface/fresh water used in EOR operations Natural gas…
Leadership MANAGEMENT BOARD OF DIRECTORS Don Simmons, P.Geol. Charlie OSullivan, B.Sc. Chairman President & Chief Executive Officer Over 20 years of experience technical, operational and management experience (Alberta Energy Company,…
The Hemisphere Story: Growing a Big Presence REIMAGINE REPURPOSE RESOURCE Developing a simple, Breathing new life Maximizing recovery of clean asset of exceptional into used equipment and our top-quality oil pools profitability.…
Risk Management: Protecting Cash Flow Hedging Considerations Continually monitor WTI Oil and WCS Differential hedge pricing Layer in protection for up to 18 months Look for near term wellhead price protection and longer term…
Selected Crude Oil Pipelines Trans Mountain Edmonton, AB Vancouver, BC HME Head Office Atlee Buffalo Mainline Line 3 Replacement Keystone XL Express Superior, WI Casper, WY Keystone HME trucks to Tilley and Flanagan, IL…
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