MAPAN Energy Ltd Corporate Presentation November 2014
Corporate Summary Alberta company founded in early 2014 by Dr. Richard A. Walls Senior Management Richard A. Walls President & CEO Michael Boyd COO 100 years Jennifer Dugdale CFO combined Ronald Kisic General Counsel experience 14…
Corporate Summary (continued) MPG (TSX-V) Trading commenced September 10, 2014 Shares Outstanding3 71.4MM Shares Fully Diluted 76.2MM Market Cap2 102MM Less Cash (10.6MM) Pro forma Guidance 20151 EV 91.4MM Production Average:…
Asset Acquisition Corporate Transaction Timeline - 2014 January 30 April 1 July 24 July 31 September 8 September 10 Mapan Effective date 126.6 MM Closing date PI name Mapan incorporated Mapan bought of asset change to trading on as a…
Asset Acquisition 132.5MM purchase of select natural gas 1 properties in the Deep Basin North & Deep Basin West-Central Total for Two Areas Production (Aug. & Sept. 2014) 6,347 BOE/D Reserves 15,160 MBOE2 Land (gross) 198,463…
Asset Location Deep Basin Deep Basin Elmworth North BC AB Deep Basin West Central Cecilia 8 November 2014
Deep Basin North Conocos Elmworth Sweet Gas Plant Capacity 685 MMcf/d Main Gas Trunkline 60 km of 4 to 16 Capacity 175 MMcf/d BC AB Conoco b-53-A Compressor Station Capacity 48 MMcf/d Mapan Chinook Ridge Compressor…
Nikanassin / Cadomin Deep Basin North Type Log Potential Locations Ojay/H.C. S.E. Ojay Chinook Ridge Sweet Spot Modified from Miles, 2010 20 Potential Horizontal Well Locations in Chinook Ridge. ----- 10…
Deep Basin West Central Alberta Production (Aug. & Sept. 2014 ) 2,159 BOE/D 1 Reserves 5,170 MBOE Land2 (gross) 40,160 acres Land2 (net working interest) 30,444 acres Bigstone Compressor Station Capacity 10 MMcf/d Land2 (net…
Deep Basin West Central Alberta 34 34 development development well well locations locations in the current lands in the current lands 12 workovers / recompletions Low risk, vertical, development (2014-2015) wells…
Deep Basin West Central 3.5 4.00/ 5.00/ Type IP EUR mcf mcf Curve1 (Mmcfe/d) (bcf) 3.0 (ROR%) (ROR%) Type 2.5 1.5 2.0 12.5 26 Curve 1 Rate (MMcfe/d) 2.0 Type 2.25 2.9 24 42 Curve 2 1.5 Type 3.0 3.3 33 56 Curve 3 1.0…
Summary Facilities & Infrastructure Deep Basin North Deep Basin West Central Processing Facility Conoco Elmworth sweet gas plant (total Cecilia gas plant at, 15-4-58-23W5 (total plant plant capacity 685 MMcf/d) capacity 100 MMcf/d)…
2015 Net Capital Expenditures 2015 Capex MM Drilling (5 to 6 wells) 11.2 Completions 7.8 Facility/Tie-in 2.0 Production Optimization1 9.6 Seismic/Land 4.0 Total Net Capital 34.6MM 1 16 Workovers and recompletions…
2015 Base Budget Key Assumptions Drilling , Workovers & Operations 2015 net capital of 34.6MM Assumes 7 gross wells, 5.6 net all in DBWC 12 net workovers mainly in the DBWC 90% success rate on production adds Production &…
2015 Netback Scenarios, Pro forma Guidance & Natural Gas Price Sensitivity 1 Netback Scenario - Pro forma Guidance 2015 MM /BOE /MCFE 2015 2 Revenue/Realized Price 70.4 27.56 4.59 Production Average: 6,700 - 7,000 BOED Capital…
Corporate Information MANAGEMENT TEAM BOARD OF DIRECTORS Richard A. Walls President and CEO Richard A. Walls Michael Boyd Chief Operating Officer Jennifer Dugdale Jennifer Dugdale Chief Financial Officer Ronald Kisic Ronald Kisic General…