2022 Q1 Results(1): Where do we rank Q1 Corporate Production 2,648 boe/d Q1 Revenue 22.9 million / 95.92/boe Q1 Operating Field Netback 15.5 million / 64.89/boe Q1 Adjusted Funds Flow (AFF) 11.0 million / 46.33/boe Q1 Capital…
2022 Guidance: Pricing Sensitivities (1,2,3) WTI US85/bbl WTI US100/bbl WTI US115/bbl 2022 2022 2022 Average Annual Production boe/d 3,000 Exit Production boe/d 3,300 Adjusted Funds Flow (AFF) million 50 52 54 AFF per Basic…
Reserves: Third Party Audited Estimate of Future Cash Flow 2021 Year End Reserves(1) Proved Developed Producing (PDP) NPV10 BT / Reserves 197 million / 7.3 MMboe Proved (1P) NPV10 BT / Reserves 276 million / 12.0 MMboe Proved +…
Net Asset Value / Share (1) / FULLY DILUTED Share 6.00 Uses 5-year We are now in price forecast a 100 WTI of 70 WTI environment 5.00 4.83 4.00 3.83 3.16 3.00 2.55 2.45 2.00 1.70 HME July 5, 2022 trading price: 1.50/…
Our Resource: Atlee Buffalo Core Area Two Conventional oil pools with high oil-in-place and low recovery factors Exceptionally high quality reservoirs (Upper Mannville F & G pools) Pure development play in a 100% owned and operated…
Development Plans 2021 Achievements Drilled 7 Atlee Buffalo wells Implemented polymer flood in G pool Expanded G pool facilities for production growth 2022 Plans Bring Production online from 4 new F pool wells drilled late in…
The Technical Advantage of Polymer Floods Polymer flooding is successfully used in hundreds of oil pools by companies around the world. Proven method of enhanced oil recovery (EOR) Polymer is added to injection water to increase its…
Environmental Social Governance (ESG): Canadian Energy - Committed to the Highest Standards Stakeholder value is built when we take care of the environment Utilize EOR techniques to maximize recovery of oil and reduce our footprint…
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: mall Cap, Big Value REIMAGINE RESOURCE RECOVERY Developing conventional oil, Low decline, long life, Maximizing oil recovery generating free cash flow, and high-value reserves. using proven technology.…
Risk Management: Protecting Cash Flow Hedging Considerations Continually monitor WTI Oil and WCS Differential hedge pricing Layer in protection for up to 12 months Look for near term wellhead price protection and longer term floor…