Seven Generations Overview Key Capitalization and Operational Highlights 7G Montney / Deep Basin Lands and Infrastructure Initial Public Offering Closed November 5/2014 Ticker symbol (TSX: VII) Q3 2014 Production 35.8 Mboe/d…
Montney Stratigraphic Interval 2 Miles thick section of multiple tight oil & gas bearing targets 325 ft 325 ft Note: Petrophysical log analysis by Ross Crain using a complex lithology model. Model is calibrated using…
Montney Reservoir Properties 55,000 miles2 with 25% in the over pressured window OVER-PRESSURED RESERVOIR BEST ROCK QUALITY (Siltstone) THICKEST MONTNEY IN ALBERTA 25% to over 50% over-pressured Averaging: 50% Quartz; 40% Dolomite;…
Upper Montney Original Gas in Place Upper Montney Water Saturation Distribution 1.2 1 Frequency 0.8 0.6 0.4 0.2 0 0% 20% 40% 60% 80% 100% Water Saturation Percentage Upper Montney Porosity vs. Permeability…
7Gs Montney Sweet Spot Wells to date have averaged 1,453 boe/d (IP 90) (25 wells) and 1,144 boe/d (IP 180) (18 wells) HIGH PRODUCTIVITY Highest rates to date1 3,234 boe/d (IP 30), 2,535 boe/d (IP 90) and 2,220 boe/d (IP 180) Top 10…
Nest Lands Located in an Ideal Geological Setting Key geological characteristics of the Nest include Low geothermal gradient leading to high liquids content and preservation Relative depth allows for high pressure resulting in high…
Established Top Tier Production Results Within the Nest Cumulative to date IP 30 IP 90 IP 180 Well Head Map Gas Total Days Condensate boe/d boe/d boe/d (MMcf) (Mbbl) (Mboe) 1 993 1,531 179 435 715 674 681 2 943 586 169 267 1,085…
NEST - Gas Type Curves Nest 2 wells Nest 1 wells Nest 2 type curve Nest 1 type curve 1) Normalization assumes directly proportional relationship between completed lateral length and productivity 2) Non-producing days…
NEST - Condensate Type Curves Nest 2 wells Nest 1 wells Nest 2 type curve Nest 1 type curve 1) Normalization assumes directly proportional relationship between completed lateral length and productivity 2) Non-producing…
Improved Unit Costs Total Cost (MM) vs. Lateral Metres Drilling Completion lateral m Linear(lateral Linear Trendm)(lateral m) Drilling improvements Plug & perforation completion Longer laterals Metres of Lateral Drilled (m)…
Optimization Case Study: 7G Pad 18 (a pronounced optimization example) 02/11-13-063-05W6 02/12-24-063-05W6 Date Spudded September 29, 2011 August 17, 2013 Lateral Length 1,468 m (4,815 ft) 2,638 m (8,653 ft) +76% longer Total cost (…
Qualifiers, disclaimers and assumptions. OGIP (BCF) =(43,560*A*Thickness*Porosity*(1-Water Saturation)*(Ts*Pi)/(Ps * Tf * Zi))/1000 Assumptions: A = Area in acres. Thickness = The total thickness of the Upper Montney (ft). The…