TSX-V: TAB 2013 YEAR END CORPORATE PRESENTATION FOCUSED REPEATABLE COMPELLING STRONG 1
Why Trinidad 11.9 Billion Barrels of Oil in place Part of East Venezuela Basin Province Significant oil development opportunity Oil 83,647 bbls/d with an estimated 728.3 million barrels of proven Oil reserves** TRINIDAD Gas 4,250…
Corporate Structure Dividends can be transferred to Canada on a tax free basis Territorial Oilfield Management Services allows TAB to control costs, scheduling, services and uptime efficiencies Touchstone Exploration Inc.…
Investment Highlights Oil Resource in Trinidad Research Coverage Significant Exploration and Development Land Position 24,000 Acres of working interest lands in the oil resource window FirstEnergy, Darren Engles Market Perform 100%…
Corporate Overview Overview As at September 30, 2013 Reserves - As of Sept, 2013 by GLJ Trading Symbol: TSX-V: TAB Reserves (bbls) 52 Week trading (High/Low): 0.31/0.15 Proved (bbls) 5,729,000 of Shares Outstanding: 139M Probable…
Consistent Production & Reserve Growth 2000 1800 1600 1400 1200 Bbls/day 1000 800 600 400 200 0 2010 2011 2012 2013 New Wells and Recompletions (bbls/d) Production Acquired (bbls/d) Reserve Summary (bbls) NPV…
Board of Directors Paul Baay Chairman & CEO Bio See management slide Sean Durfy Independent Director Former President & CEO of Westjet Airlines Ltd. (TSX: WJA) (from 2007 2010) Serves on several other private and public board of…
Experienced Management Team Paul Baay Chairman & CEO Over 25 years oil & gas experience. Former founder & president of True Energy Inc., now Bellatrix Exploration Ltd., until 2007 (TSX, NYSE, MKT: BXE). Former Chairman of Vero Energy…
Current Capital Structure Snapshot Capital Structure September 30, 2013 Ownership Structure (Fully Diluted) Basic shares Outstanding 139.0M Institutional Management & Options 10.0M 16% Directors 11% Debenture Shares 2.9M Warrants…
Established Land Position 21 Blocks ONSHORE OFFSHORE Eleven (11) Producing Properties Two (2) Exploration Blocks Average Working Interest 91% Average Working Interest 26.1% 10,205 Working Interest acres 5,310 Working Interest acres…
Development Inventory Multi zone stacked resource plays Just scratching the surface Gross Current Producing Total Potential Volumes Risked Upside Risked Capital Acres wellbores wells Locations (bbls/d) Reserve Potential Un-Risked (MM)…
Coora Assets Coora 1 & Coora 2 Lease Operatorship Agreements 1,700 Working Interest Acres (100%) Q3 2013 Touchstone Drilling Location Lease Operatorship Agreement with Petrotrin. New Touchstone Wells Primary Development Targets -…
Fyzabad Assets Fee Simple Land Positions 2014 Touchstone Drilling Location 804 Working Interest Acres (100%) working interest New Touchstone Wells State and Freehold Land Assets Touchstone Operated Wellbores Primary Development…
Reserve Summary GLJ as of September 30, 2013 Reserve Summary (bbls) NPV of Reserves ('000) Total Proved (bbls) Total Probable (bbls) Total Proved ('000) Probable ('000) 49,496 3,794,000 50,355 41,704 3,644,000 3,537,500…
Financial Results Highlights 2013 2012 2011 16,000 0.16 (000s USD except per share amounts) Funds Flow from operations (1) 11,188 7,203 (1,592) 14,000 0.14 Per Share basic (0.08) 0.07 (0.00) 12,000 0.12 Net earnings (766) 1,771…
Corporate Information Year End: September 30th TSX Venture: TAB CUSIP Number: 89156A Lenders/Bankers: Crown Capital Partners Inc. Engineers: GLJ Petroleum Consultants Ltd. Auditors: Ernst & Young LLP Legal: Getz Prince Wells LLP,…
Appendix 20
Exploration Assets - 13,500 Working Interest Acres Onshore Offshore Bovallius 976 acres Cory Moruga 7,442 acres East Brighton A 3,050 acres Moruga 3,300 acres 16.2% Working Interest (Parex 83.8%) 35% Working Interest (SOOGL 65%) New…
Trinidad at a Glance Republic of Trinidad and Tobago Southernmost islands in the Caribbean 11 km off the northeastern coast of Venezuela 10 North of the Equator Area 5,128 km2 Population 1.23 million Government Parliamentary…
Industry Abbreviations Oil and Natural Gas Liquids Natural Gas bbls barrels of crude oil Mcf thousand cubic feet of natural gas bbls/d barrels of crude oil per day MMcf million cubic feet of natural gas boe barrels of oil equivalent…