Production and Potential at Pembina Ironhorse Oil & Gas November 14, 2014 TSX.V : IOG
Blend Gas Lifts Production at Pembina in Q3 Production from Ironhorses Pembina Nisku wells increased to 86 boe/d in Q3 2014 from 30 boe/d in Q2 2014 thanks to a consistent supply of blend gas. Despite the production increase, the…
Ironhorse Snapshot Stock listing TSX.V : IOG Total Shares 27.8 million Management ownership 14% November 14, 2014 share price 0.20 Market capitalization 5.6 million Q3/14 average daily production 86 boe/d Q3/14 net working capital…
Q3 2014 Highlights Increased revenues to 593,000 from 441,000 in Q3 2013. Increased funds from operations to 358,000 from 24,000 in Q3 2013. Increased earnings to 141,000 from a loss of 1 million in Q3 2013. Increased production…
Pembina - Nisku Oil Nisku light oil - 42 API oil Ironhorse working interest 15.625% Assets include 9-5 drilled producer, 14-5 drilled producer and 10-5 drilled water injector, which commenced injection in late September 2014 Plant…
Pembina - Nisku Oil IRONHORSE OIL AND GAS INC. 6
Outlook Management continues to work with its partners to enhance and stabilize its Pembina production. Facility upgrades will allow the Pembina Nisku wells to produce at significantly higher rates. Once stable production is…
Contact Information Larry Parks, President & CEO Karen Hutson, VP Finance & CFO Suite 1000, 324 8th Ave SW Calgary, AB T2P 2Z2 (403) 355-3620 irihorse.ca www.ihorse.ca IRONHORSE OIL AND GAS INC. 8
Forward-looking information Certain information regarding Ironhorse Oil & Gas Inc. (Ironhorse) included in this presentation including managements assessment of production rates, timing of capital expenditures and on-stream dates, and…
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