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Building a Sustainable Exploration Company – LGX Oil + Gas Inc.

LGX Oil + Gas Inc. · May 31, 2014 · 13 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Building a Sustainable Exploration Company – LGX Oil + Gas Inc. – slide 1
    Building a Sustainable Exploration Company May 2014
  2. Building a Sustainable Exploration Company – LGX Oil + Gas Inc. – slide 2
    LGX Management Objectives Create a company with sustainable cash flow to internally fund an aggressive exploration and development program, targeting light oil in southern Alberta Cost-effective per share growth in reserves,…
  3. Building a Sustainable Exploration Company – LGX Oil + Gas Inc. – slide 3
    Corporate Profile TSXV Trading Symbol OIL Common Shares 88.7 million Warrants 6.0 million Options 3.6 million Insiders Own Basic & Fully Diluted 20% & 22% LEG Share Ownership (incl. above) 18% Enterprise Value 62 million Net…
  4. Building a Sustainable Exploration Company – LGX Oil + Gas Inc. – slide 4
    Cash Flow + Development Inventory+ Exploration Upside Stable, concentrated production base in southern Alberta Completed a 95 square mile 3D seismic program on the Blood Reserve Two wells drilled on the Blood Reserve in…
  5. Building a Sustainable Exploration Company – LGX Oil + Gas Inc. – slide 5
    First Quarter 2014 Results Production of 948 Boe/d for Q1-2014 (up 4% year over year) Increased funds generated from operations to a record 3.1 million, up 175% from 1.1 million in Q1-2013. Increased oil and NGLs weighting to 77…
  6. Building a Sustainable Exploration Company – LGX Oil + Gas Inc. – slide 6
    Net Asset Value Per Share LGX NAV per Basic Common Share using the Proved plus Probable reserve value at December 31, 2013 and forecast pricing and costs (MM except share and per share amounts) Proved Plus Probable Reserve Value…
  7. Building a Sustainable Exploration Company – LGX Oil + Gas Inc. – slide 7
    Southern Alberta Bakken G G G G Alberta Basin Bakken Play R29 G G G F G I G R25W4M G I LGXG G G J K CK L G Lands GK JGG G G G G CF EEE KG GFGJ K F K G GGE CJ F C F D 1 0 G JF S M I L E S S G F G…
  8. Building a Sustainable Exploration Company – LGX Oil + Gas Inc. – slide 8
    Manyberries, AB Upside Opportunities Identified: 46 (40.0 net) vertical development drilling locations targeting banked oil in existing pools Numerous well reactivations and water injection conversions Offsetting Swift Horizontals…
  9. Building a Sustainable Exploration Company – LGX Oil + Gas Inc. – slide 9
    Manyberries, AB Type Log 10
  10. Building a Sustainable Exploration Company – LGX Oil + Gas Inc. – slide 10
    Manyberries, AB Potential Horizontal Drilling Target in Swift Formation 11
  11. Building a Sustainable Exploration Company – LGX Oil + Gas Inc. – slide 11
    Manyberries, AB Stable, Long Life Production 12
  12. Building a Sustainable Exploration Company – LGX Oil + Gas Inc. – slide 12
    Right Team + Right Assets + Right Time Experienced management team with a proven record of aggressively growing oil and natural gas companies on a cost-effective per share basis Current economic conditions provide an excellent…
  13. Building a Sustainable Exploration Company – LGX Oil + Gas Inc. – slide 13
    Independent Reserve Engineers Contact Information GLJ Petroleum Consultants Ltd. Bank 4400, 525 8th Avenue SW National Bank of Canada Eighth Avenue Place Canadian Western Bank Calgary, Alberta T2P 1G1 Tel: 403.441.2300 Auditors Fax:…

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