Skip to main content TD Securities 2015 London Energy Conference – Athabasca Oil Corp Investor Presentation | Shale Experts
Loading...
Pm

TD Securities 2015 London Energy Conference – Athabasca Oil Corp

Athabasca Oil Corp · Jan 15, 2015 · 24 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. TD Securities 2015 London Energy Conference – Athabasca Oil Corp – slide 1
    ATHABASCA OIL CORPORATION FOCUSED EXECUTING DELIVERING JANUARY 2015 CORPORATE UPDATE
  2. TD Securities 2015 London Energy Conference – Athabasca Oil Corp – slide 2
    2 REFINED STRATEGY FOR VALUE CREATION Material Core Assets o 1,000+ well inventory in the Duvernay shale play at Kaybob o 80,000 bbl/d project potential at the Hangingstone thermal asset WORLD CLASS ASSETS Diverse portfolio provides…
  3. TD Securities 2015 London Energy Conference – Athabasca Oil Corp – slide 3
    3 CORPORATE OVERVIEW CAPITALIZATION OVERVIEW (Q3 2014) Stock exchange listing TSX Trading symbol ATH Share Price (January 7th, 2015) 2.25 /sh 52-week trading range 2.02 - 8.84 /sh Basic shares outstanding 402.0 MM Fully diluted…
  4. TD Securities 2015 London Energy Conference – Athabasca Oil Corp – slide 4
    4 WELL POSITIONED FOR GROWTH 2015 HIGHLIGHTS o Building a business that is self funded in the medium-term o Exit volumes expected to grow by 75% in 2015 o Conservative approach to capital allocation and spending CAPEX/ FUNDING IN…
  5. TD Securities 2015 London Energy Conference – Athabasca Oil Corp – slide 5
    5 FOCUSED ON OUR CORE ASSETS LIGHT OIL: GREATER KAYBOB 2014/15 winter program o 167 million initial 2015 budget1 o 11 Duvernay and 2 Montney wells Go forward flexibility Hangingstone o Near-term Duvernay land retention requirements…
  6. TD Securities 2015 London Energy Conference – Athabasca Oil Corp – slide 6
    7 THE DUVERNAY IS A WORLD CLASS RESOURCE SELECT UNCONVENTIONAL PLAYS IN o Large in place resource NORTH AMERICA WORLD o High liquids yield: 100 -1,000 bbl/MMcf liquids CLASS o Initial results compare favorably to the Eagle Ford…
  7. TD Securities 2015 London Energy Conference – Athabasca Oil Corp – slide 7
    MATERIAL EXPOSURE ACROSS THE KAYBOB 8 DUVERNAY FAIRWAY Volatile Oil Sections: 150,000 acres Locations: 1,300+ 2 2 Condensate Rich Gas Sections: 35,000 acres Locations: 200+ AOC Duvernay Land AOC 2014/15 Winter…
  8. TD Securities 2015 London Energy Conference – Athabasca Oil Corp – slide 8
    9 KAYBOB DUVERNAY ACTIVITY UPDATE 4-29 S/C/Hz. On stream: June 16, 2014 30 day IP (restricted) 615 boe/d CTD 47 mboe, 71% liquids 8-29 Hz. On stream: June 21, 2014 30 day IP (restricted) 784 boe/d CTD 67 mboe, 77% liquids…
  9. TD Securities 2015 London Energy Conference – Athabasca Oil Corp – slide 9
    LIQUIDS AND OVERPRESSURE DRIVES 10 ECONOMICS o Industry drilling has confirmed the overpressured nature of the basin o High quality product (API low 40s to mid 50s) o Material exposure across all thermal maturity windows Pressure…
  10. TD Securities 2015 London Energy Conference – Athabasca Oil Corp – slide 10
    11 CONDENSATE RICH GAS KAYBOB WEST SAXON SOUTH Capital (Cur./Dev.) MM 17/10 15/8 Restricted IP30 boe/d 1,000 - 1,400 700 - 1,400 1 Initial Liquids Yields bbl/MMcf 50 - 400 50 - 400 EUR mboe 700 - 1000 600 - 900 Regional Players…
  11. TD Securities 2015 London Energy Conference – Athabasca Oil Corp – slide 11
    VALUE FROM CONDENSATE RICH GAS AND 12 VOLATILE OIL 2-34-62-20W5 WELL ECONOMICS WELL NPV SENSITIVITY TO LIQUIDS YIELDS1 Current Development 15 8-29-064-20W5 Capital MM 15.0 10.0 12 NPV 10% (MM) IP30 boe/d 1,350 1,350…
  12. TD Securities 2015 London Energy Conference – Athabasca Oil Corp – slide 12
    13 UNLOCKING THE VOLATILE OIL WINDOW WHAT WE KNOW VOLATILE OIL WINDOW o Encouraged by initial success from AOC and others Capital (Cur./Dev.) MM 12 - 17 / 7 - 12 (restricted IPs 300 bbl/d, over-pressured, high quality Restricted IP30…
  13. TD Securities 2015 London Energy Conference – Athabasca Oil Corp – slide 13
    14 CONTROL OF STRATEGIC INFRASTRUCTURE Total Battery Capacity Gas Pipeline Oil Capacity 36,000 bbl/d Up to Gas Capacity 84 MMcf/d, 180 MMcf/d Gas Capacity expandable to 130 MMcf/d Kaybob East AOC 91 km Pipeline Fort…
  14. TD Securities 2015 London Energy Conference – Athabasca Oil Corp – slide 14
    15 DUVERNAY GROWTH SCENARIO SCENARIO OVERVIEW PROJECTED DAILY PRODUCTION o Potential for significant annual production growth 70,000 Oil (bbl/d) 6 Condensate o Cost learnings with the transition to development 60,000 NGL's 5…
  15. TD Securities 2015 London Energy Conference – Athabasca Oil Corp – slide 15
    16 MONTNEY APPRAISAL AT PLACID PLACID MONTNEY WELL ECONOMICS1 o 2 well winter appraisal program aimed at Current Development demonstrating well performance similar to offsetting Capital MM 12.2 8.1 operators IP30 boe/d 1,520 1,520 o…
  16. TD Securities 2015 London Energy Conference – Athabasca Oil Corp – slide 16
    HANGINGSTONE OVERVIEW
  17. TD Securities 2015 London Energy Conference – Athabasca Oil Corp – slide 17
    18 HANGINGSTONE DEVELOPMENT HANGINGSTONE PROJECT 1 (12,000 BBL/D) Fort McMurray o 63 million forecasted remaining spend in 2015 o Targeting first steam at the end of Q1 2015 o 708 million project capital on time/budget o US55/bbl…
  18. TD Securities 2015 London Energy Conference – Athabasca Oil Corp – slide 18
    19 AOC LEARNINGS LEAD TO SUCCESS POTENTIAL LEARNINGS APPLIED 5m of separation as per design ISSUE Drilled more delineation wells than industry KNOW THE average RESERVOIR High definition 3D Seismic Engineering and construction best…
  19. TD Securities 2015 London Energy Conference – Athabasca Oil Corp – slide 19
    SUPPLEMENTAL INFORMATION
  20. TD Securities 2015 London Energy Conference – Athabasca Oil Corp – slide 20
    21 ACTIVITY LEVELS REMAIN ROBUST INDUSTRY TRANSITIONING TO DEVELOPMENT PLAY DEVELOPMENT o Majors are accelerating activity from the appraisal to development stage Eagle Ford Play Maturity / Valuation o 6 - 8 multi-well pads…
  21. TD Securities 2015 London Energy Conference – Athabasca Oil Corp – slide 21
    22 DEBT AND CREDIT FACILITY OVERVIEW UNDRAWN CREDIT FACILITIES Q3 2014 INTEREST RATE PRE-PAYMENT TERMS Cdn 125 million senior secured revolving credit facility due 2017 125 5% Pre-payable without penalty 05/2015 102% US 50 million…
  22. TD Securities 2015 London Energy Conference – Athabasca Oil Corp – slide 22
    23 OTHER LONG TERM ASSETS GROSMONT o 418 MMbbl contingent resource1 (best estimate, AOC interest) Slave Point BIRCH SLAVE POINT o 675,000 acre land position o 2.1 Bbbl contingent resource1 (best estimate) o Validated oil…
  23. TD Securities 2015 London Energy Conference – Athabasca Oil Corp – slide 23
    24 MANAGEMENT TEAM AND BOARD MANAGEMENT TEAM BOARD OF DIRECTORS Thomas Buchanan, FCA Thomas Buchanan, FCA Chief Executive Officer Chairman & Chief Executive Officer o Over 30 years experience in the oil and natural gas sector, and…
  24. TD Securities 2015 London Energy Conference – Athabasca Oil Corp – slide 24
    Corporate Office 1200, 215 - 9 Ave SW, Calgary, Alberta Telephone: 403-237-8227 Fax: 403-264-4640 www.atha.com

From the store

Browse maps, data & reports in the Shale Experts store