en route Building a Premier Northern Operator Corporate Presentation June 2014
Corporate Profile (SOG.V) Shares outstanding (million)1 361 Current Production (BOED) 2 3,800 Share Price, Jun 13, 2014 0.45 2013 Reserves (2P) 3 mmboe 12.7 Market Capitalization (million) 162 Bank Line (million) 100 Enterprise…
Northern Asset Base MAXHAMISH (BC) CAMERON HILLS(NWT) non-operated 26,500 net acres operated 5oo MMbbls of 42 API Oil 74,058 net acres Sulphur Point Oil British Columbia Alberta BISTCHO(AB) operated 48,783 net acres Slave…
Production Growth 2o14 2o13 Current Production Build Infrastructure 3,8oo 2o12 Discover Muskeg Stack Oil 3,2oo Develop Muskeg Stack Repeatable 2,1oo Upgrade Oil Capacity Reliable 2o11 Pipeline Connect Predictable Acquire…
Steen River Astrobleme Large structural trap created by the impact of an Asteroid 100 MM years ago and is charged with light oil and gas in 6 horizons. 2002 1986 1999 1999 15 miles 2001 2001 2001 Gas (1999 -2013)…
Steen River - Stacked Oil Production Upper Slave Point Lower Slave Point Sulphur Point Muskeg Stack Zama Keg River Platform OOIP(1)/Section Depth (m) Zone Resource (MMBBL) 750 Slave Point 100+ sections 12 800 Sulphur…
Keg River 12 MMbbl OOIP(1) 2013 3D Seismic Area 0.5 MMbbl produced 16 MMbbl OOIP(1) 1 MMbbl produced 10 MMbbl OOIP(1) 2.5 MMbbl produced DCET MM 1.65 Reserves (MBOE) 265 % Oil 95% IP30 (BOED) 200 Year 1 Decline…
Muskeg Stack Development Muskeg Stack 11
Muskeg Stack Economics Type Curve 800 Type Curve DCET MM 4.5 700 Latest Muskeg Stack Well - 10-24 Lateral Length (m) 1,200-1,500 600 Production Rate (BOED) Stages 12-15 500 IP30 (BOED) 250 400 %Oil 80% 300 Year 1 Decline…
Why Invest In Strategic Mapped over 1 Billion bbls of light OOIP in extensive & contiguous land base Infrastructure Projects completed: Processing capacity now at 10,000 BOED 100% owned & operated infrastructure with replacement value…
Corporate Information MANAGEMENT TEAM RESERVE ENGINEERS McDaniel & Associates Consultants Ltd. Gurpreet Sawhney, MSc, MBA, PEng President & CEO AUDITORS Deloitte LLP Cody Smith COO LEGAL Norton Rose Fulbright Canada LLP Aaron Thompson,…
Appendix Steen River- Year Round Development August 2, 2013 15
Asset Base Building a Premier Northern Operator Marlowe Asset Measurement Value (MM) Production 1,970 boed 118 2P Oil Reserves 5,486 Mboe 132 2P Gas Reserves 1,980.7 Mboe 29 Net Undeveloped Land 333,600 acres 75 Major Facilities 2 Gas…
Maxhamish- NE British Columbia Reserves and Upside Potential 100 sections (38.16% WI in 27,846 ha) Non-Operated OOIP 500 MMbbls; 42 API oil Areal extensive sand with well control from 140+ wells, 25+ cores Depth: 1670m, Thickness:…
Maxhamish - Vertical Well Performance Vertical well 11 year production IP30: 60 BOPD Cum to Date: 56,000 BOE Months 19
Maxhamish - Horizontal Well Performance Horizontal well 2.5 years on prod IP30: 60 BOPD Cum to Date: 46,000 BOE Months 20
Cameron Hills, NWT, Canada Well K74 C19 Well Production: 1.5 mm bbl; 4.4 bcf gas 14 metres Gross Pay C19 flowed/swabbed after perfs & acid 115 bopd C19 Well K74 Well K74 Well 29 m. Gross Pay Sulphur Point…
Bistcho 10-9 10 -9 Slave Point and Sulphur Pt Gas Production Significant Slave Point oil recompletion program 22