Mandate Toscana is a public company currently trading on the TSX (TEI) with the mandate to acquire medium to long life oil & natural gas assets, unitized production and royalties for yield and capital appreciation. An…
Mandate Toscana targets investment with the following characteristics: Operated and non-operated working interests, unitized interests and royalties Targeting a 50/50 oil/gas weighting Reserve life index greater than 8 years Key…
Management Joseph Durante Chief Executive Officer 26 years of direct industry experience. Co-founder and Chairman of Ranchero Energy Inc., former Chairman of Ranchgate Energy Inc., Co-founder and Chairman of Fairmount Energy Inc. Glen…
Directors Donald D. Copeland Chairman Founder and past President of Codeco Engineering group, former Chairman of Upper Lake Oil and Gas Ltd. Director of several public and private oil and gas companies including Western Energy Services…
Timeline Building a Solid Foundation Acquired assets Completed at Joffre, SE 5.1 million Sask and Hangingstone Disposed equity issue Marten Hills Minnehik Buck (10/share) from an acquisition on intermediate Lake Unit No. 1 on a…
Building a Solid Foundation Continued. West Pembina, Bigoray and Strachan acquisition on Tony Creek Willisden Green October 18, acquisition on acquisition on May 1, 2012 for 17.3 November 6, 2012 2012 for 6.3 million. million…
Building a Solid Foundation Continued. Moved from Venture WCSB Veredus exchange to acquisition on acquisition on TSX on April 3, 2013 for July 31, 2013 for November 22, 15.2 million 6.8 million 2013 February April June July…
Building a Solid Foundation Continued. Sold interest in two TFIT acquisition. wells at Weyburn 2 million TEI for consideration of shares issued for 1.3 million. 29.5 million of assets. TFIT Generated return of assets consist of…
Value added acquisition strategy (Million) Purchase Operating Net Cash Total Excess Total Price Cash Present flow Cash over Rate of Flow Value from Flow purchase Return Sale plus price NPV Joffre 8.60 4.03 22.70 26.73 18.13 211%…
Properties Alberta . Edmonton . Calgary Canada USA 13 Toscana Energy Income Corporation
Royalty Lands 14 Toscana Energy Income Corporation
Royalty Lands (continued) 15 Toscana Energy Income Corporation
Corporate Production Graph Daily Company Gross Barrels of Oil Equivalent (BOE) Forecast 3,000 Proved Proved plus Probable Proved Developed Producing 2,500 2,000 BOE per DAY 1,500 1,000 500 - 2014 2016 2018…
Net Asset Value Proved (at December 31, 2013) + Probable Reserve Values PV 10% (1) (M) 173,309 Debt (2) (3) (M) 63,742 Net Assets (M) 109,567 Common Shares ('000 Shares) 5,330 Net Asset Value ( / Share) 20.56 (1) Reserve Values…
Sustainability * 2013 2012 Proved + Proved + Proved Probable Proved Probable Reserves Volumes Company Gross MBOE 6,995 10,170 5,716 7,854 Net book value M 123,295 128,295 85,132 92,090 Capital Program Efficiency Including…
Dividends DIVIDENDS PAID 0.45 Toscana Common 0.40 Toscana Preferred 0.35 0.30 Dividend Issued 0.25 0.20 0.15 0.10 0.05 0.00 Sep 30, Dec 31, Mar 31, Jun 30, Sep 30, Dec 31, Mar 31, Jun 30, Sep 30, Dec 31, Mar 31,…
Capitalization Authorized September 30, 2014 Toscana Common Shares (number) Unlimited 7.3 million Convertible Debentures 20.0 million (TEI has option to redeem the convertible debentures in shares or cash at maturity on June 30,…
Total Proved Plus Probable Reserves Natural Gas Liquids 9% Light and Medium Oil 34% Light and Medium Oil Natural Gas Natural Gas Liquids Natural Gas 57% 21 Toscana Energy Income Corporation
2014 - Production 2014 Production Gas Oil Liquids Royalty Income TOTAL 3,000 2,627 2,628 2,565 2,542 2,499 2,478 2,496 2,443 2,500 2,382 2,000 BOE/day 1,500 1,000 500 0 2014-01 2014-02 2014-03 2014-04…
Financials Nine months ended Year ended September 30, 2014 December 31, 2013 Average daily production (boe/d) 2,510 2,496 Petroleum and natural gas revenue, net of 31,484,389 31,799,217 royalties () Netback () 16,443,891…
Hedging Contracts Type Volume Price Index Term FY 2014 Swap 200 bbls/d C93.42/bbl CWTI Jan 2014 to Dec 2014 Swap 200 bbls/d C95.04/bbl CWTI Jan 2014 to Dec 2014 Swap 100 bbls/d C105.04/bbl CWTI Mar 2014 to Dec 2014 Swap 1,896…
Key Benefits of Toscana Proven management and fully aligned with shareholders Long life mature production base A track record of paying dividends on a sustainable basis Security of dividends through disciplined hedging program Tax…