2013 Estimates 2013 Exit Production Light Oil & NGLs (bopd) 3,450 Gas (mmcf) 42.3 Total (boepd) 10,500 Financial * * Net Debt (mm) 110.0 Bank Credit Facility (mm) 145.0 Net Capex (mm) 115.0 Shares Outstanding * - basic (mm)…
2013 Accomplishments Materially expanded Cardium production and drilling inventory at Edson Expanded Edson facility and connected to Alliance Pipeline which increased net revenue per boe and reduced downtime (June) Installed…
Focus Areas Ft. St. John Dawson Montney Gas Glacier Alberta Grande Prairie Smoky Edson Cardium & Bluesky: British Columbia Light Oil & Liquids Rich Gas Hanlan Page 5
Edson Multiple productive zones in area including Cardium (light oil), Bluesky (light oil & liquids-rich gas) & Notikewin (liquids-rich gas) Ownership & control of facilities & pipelines 75% Avg. W.I. in over 95 sections of…
Edson - Cardium A OOIP 196 mmbbls & OGIP 188 bcf Average IP 30 to date is 530 boepd Average 70% WI in over 50 sections of land Over 60 net locations identified LEGEND CTA Cardium Lands Current CTA Cardium Hz Cardium Sand…
Edson Cardium Cardium Hz Well Performance Indicator Type Well Drill & Case (K) 2,200 Complete (K) 800 Tie-in (K) 350 Total (K) 3,350 Liquids Gas Total Year 1 Avg. Q (boe/d) 96 136 232 Recoverable Reserves (mboe) 98 178…
Edson Bluesky Oil & Liquids-Rich Gas Hztl Wells Approximately 18-20 OGIP per section Additional 40+ bcf 20 hztl Bluesky wells drilled to date Over 35 net hztl locations remaining OGIP 100 bcf LEGEND Hz Wells RF to date…
Edson Bluesky North Trend Liquids-Rich Gas Edson Horizontal Gas Wells (North Trend) 1200 18 Bluesky Hz Gas Well Average Hz Performance Indicator Type Well 1000 15 Type Curve Drill & Case (K) 2,900 Wellcount Complete (K) 2,000…
Edson Notikewin Over 15 hztl locations identified Vertical producers and well control mitigate risk LEGEND Crocotta Lands Vertical Well Hztl Location . Page 11
Dawson & Groundbirch Montney Over 35 net sections Avg. OGIP of 60 BCF per section Commercial developments on-going on offsetting lands LEGEND Crocotta Lands Montney Producers Page 12
Dawson Sunrise Montney OGIP estimated at 60 Parkland BCF per section 8 well pad High rate wells 60 MMcf/d completed recently in Doe area by ARC , TOU & CTA 4 well pad Spectra 45 MMcf/d Plant CTA Plant LEGEND 4-19 HZ…
Sunrise Montney Montney Hz Well Performance Indicator Type Well Drill & Case (K) 2,400 Complete (K) 2,300 Tie-in (K) 250 Total (K) 5,050 Liquids Gas Total Year 1 Avg. Q (boe/d) 82 524 606 Recoverable Reserves (mboe) 122…
Why Crocotta 3 material low-risk development plays (Cardium, Bluesky, Montney) with IRR of 100% and Paybacks of approximately 1 year Plays are scalable and material (Avg IP30 600 boepd) with over 200 development locations…
Management & Directors Management Robert J. Zakresky, CA President & CEO Terry L. Trudeau, P.Eng. VP Operations & COO Nolan Chicoine, MPAcc, CA VP Finance & CFO Weldon Dueck, B.Sc., P.Eng. VP Business Development Helmut R. Eckert,…
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