SPARTAN DELTA CORP. Investor Presentation November 28, 2023
SPARTAN DELTA CORPORATE STRATEGY Three Pillar Strategy I . D E E P B A S I N O P T I M I Z AT I O N I I . D E E P B A S I N C O N S O L I D AT I O N I I I . N E W D U V E R N AY C O R E A R E A 7% organic growth(1) Technical…
CORPORATE SUMMARY Building a Sustainable Energy Company C A P I TA L I Z AT I O N : DEEP BASIN 39,500 boe/d 2024E Spartan Delta Corp. TSX SDE 130 MM 2024 Capital 19.2 net wells Share Price(1) /sh 3.19 130,000 net acres 790 net…
I. DEEP BASIN OPTIMIZATION Free Funds Flow with Substantial Inventory Duration Into Owned Infrastructure S U M M A R Y: Spartans foundational asset generating 7% organic growth(1) resulting in significant Free Funds Flow Belly River…
II. DEEP BASIN CONSOLIDATION Fairway Poised for Consolidation D E E P B A S I N F A I R W AY: Spartan has a proven consolidation and integration record and a clean balance sheet position Deep Basin offers scale and operational…
III. NEW DUVERNAY CORE AREA Prolific Liquids-Rich Shale Asset Offers Significant Scalability and Commerciality W E S T S H A L E B A S I N D U V E R N AY: Spartan has accumulated 130,000 net acres to date and acquired 400 BOE/d of…
SPARTANS SUSTAINABLE DEVELOPMENT GOALS Spartan is Committed to Meeting the Needs of the Present, While Protecting the Future R E S U LT S : A C T I V E I N T I AT I V E S : 42% reduction Inventory in active wells from 2021 to 2022…
SPARTANS SUSTAINABLE DEVELOPMENT GOALS Spartan is Committed to Meeting the Needs of the Present, While Protecting the Future Dominant position in the liquids-rich Deep Basin, yielding some of Canadas most prolific economics…
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MANAGEMENT TEAM & BOARD OF DIRECTORS MANAGEMENT TEAM: Fotis Kalantzis Chairman, Director and co-founder of Logan Energy; former SVP and co-founder of Spartan Energy, Spartan Oil and Spartan Exploration President, CEO & Director Geri…
SPARTANS HISTORICAL PERFORMANCE Spartan Deltas Financings Have Significantly Outperformed the TSX Energy Index DECEMBER 2020 MAY 2020 MARCH 2021 AUGUST 2021 Founding Financing: Bellatrix Asset Acquisition: Montney Acquisitions: Velvet…
PREVIOUS ITERATIONS HISTORICAL PERFORMANCE Spartan Has Significantly Outperformed the TSX Energy Index Through Multiple Iterations and Cycles SPARTAN SPARTAN SPARTAN SPARTAN EXPLORATION OIL ENERGY DELTA January 2010 May 2011 June…
ANALYST COVERAGE & CORPORATE INFORMATION EXECUTIVE OFFICE STOCK EXCHANGE LISTING INSTITUTION: A N A LY S T : Spartan Delta Corp. The TSX Exchange 1600, 308 4th Avenue SW Trading Symbol: SDE ATB Capital Markets Patrick ORourke Calgary,…
ABBREVIATIONS A&D Acquisitions and Dispositions mmboe/sec Million barrels of oil equivalent per section AECO Alberta Energy Company C Meter Station of the NOVA Pipeline System mmbtu; mmbtu/d Metric million British thermal unit; metric…