YEAR OF SIGNIFICANT CHANGE Corporate Presentation July 2014
STRATEGIC OIL & GAS 3 years Ago Large light oil resource discovery Opportunity 2 Years Ago Acquired mineral rights over 400 sections Capture Resource 3 billion barrels of original oil in place* Last Year Built infrastructure…
CORPORATE OVERVIEW TSXV:SOG Shares Outstanding (million)1 361 2 3 1 Share Price, Aug 1, 2014 0.44 Market Capitalization (million) 159 British Enterprise Value (million) 234 Columbia Alberta ASSETS PRODUCTION LAND (BOED)…
STACKED OIL DEVELOPMENT AT MARLOWE 3 billion barrels of light OOIP in stacked zones* Prospective Net Pay Porosity Permeability Swc OOIP/Sec Zone 100% owned and operated Sections (m) (%) (mD) (%) (MMBBL)* Muskeg & Keg key Focus for…
MUSKEG DEVELOPMENT Repeatable, reliable and predictable resource development 12 horizontal wells drilled in the play 100+ prospective sections with 8 MM bbl of light OOIP per section* 400 development locations** 11 miles *…
MUSKEG TYPE CURVE NORTH 700 WEST 600 500 Production (BOED) 400 300 West Muskeg(60% Oil) 200 100 North Muskeg (90% Oil) 0 0 30 60 90 120 150 180 210 240 270 300 330 360 Producing Days Type Curves based on…
MUSKEG ECONOMICS 2013 Type Curve 1 2014 Type Curve 1 North Muskeg West Muskeg DCET MM2 4.5 DCETMM2 3.7 4.0 IP30 (BOED) 250 IP30 (BOED) 215 400 %Oil 80% %Oil 90% 60% Year 1 Decline 66% Year 1 Decline 65% 68% Reserves (MBOE)3 300…
INVEST 2011 2012 2013 2014 Initial Growth Discover Delineate Exploit Steen River Muskeg Resource Muskeg Resource Muskeg Resource Keg River Captured Land Infrastructure Repeatable 1,000 BOED 2,100 BOED Team Reliable 3,200 BOED…
CORPORATE INFORMATION MANAGEMENT TEAM RESERVE ENGINEERS McDaniel & Associates Consultants Ltd. Gurpreet Sawhney, MSc, MBA, PEng President & CEO AUDITORS Deloitte LLP Cody Smith COO LEGAL Norton Rose Fulbright Canada LLP Aaron…