Corporate Direction Identify Position Consolidate Exploit 2014 Capitalize on experience & 2013 assets Strategic Business 2012 Combination First Michichi horizontal oil 5,600-5,800 boe/d production 3,700 forecast exit boe/d…
Corporate Strategy Marquee plans to develop and expand its core oil plays to generate superior, risk-adjusted returns for shareholders. Production Growth Company has grown from 100 boe/d to 5,000+ boe/d since 2011 Reduced Q3…
Marquee Profile Market Profile (TSXV:MQL) Current Y/Y Shares Outstanding (MM) 120.3 - Insider Ownership (basic/fully diluted) 14.9%/18.1% - Liquidity (shares/day YTD) (1) 519,071 +380% Operations Average Production Q3 (boe/d)…
2015 Sustainability Model Strong balance sheet and well performance insulates Marquee from price volatility Cash Flow and Oil Sensitivity Debt to Cash Flow and Oil Sensitivity 60,000,000 1.80 1.60 50,000,000 1.40 Debt/Cash…
The Michichi Advantage Extensive Oil Potential 10 million barrels of oil in place per section combined for the Banff and Detrital zones in the focus area Dominant Land Base 215 net undeveloped sections Crown land, 92% avg.…
Drilling Success at Michichi Horizontal Wells Drilled at Michichi by Operator* 45 40 35 of Wells Drilled 30 Drilled Licensed 25 20 15 10 5 0 MQL* BNP HUSKY CNQ DIRECT *Includes Sonde & Paramount horizontal wells *As of…
2014 Michichi Drilling Plans 100% success rate on 13 HZ oil wells drilled in 2014 Production results continue to improve based on technical and drilling/completion optimization Extensive use of 3D seismic database to…
Michichi Economics Michichi Focus Area Well Production Forecast* ECONOMIC POTENTIAL Peak IP 30 Rate 186 boe/d 200.0 IP 90 Rate 165 boe/d 180.0 Reserves 174 mboe 160.0 DCET 2.3 MM 140.0 Operating Netback 47.11/boe 120.0 WELL…
Michichi Improvement of Capital Cost Structure Infrastructure enhancements have significantly reduced tie-in times. Advancements to Marquees drilling design cash flow and operations process have successfully reduction in…
Lloydminster Average October production: 640 bbls/d Low-risk drilling inventory 50 locations (6 proven, 4 probable booked) Significant production growth upside Sparky/GP ECONOMIC POTENTIAL Vertical Wells HZ wells Peak IP 30…
2014 Guidance Marquees 2014 capital program is committed to continued production and cash flow growth at Michichi and Lloydminster. More than 85% of the overall budget will be spent at Michichi. Updated Capital Budget 13 horizontal…
Why own shares in Marquee today Few juniors boast a comparable scalable, low risk, development- stage, oil-prone asset base with a clearly delineated drilling inventory capable of supporting many years of profitable growth Over…
Contact Us For more information, please contact: Richard Thompson Main: 403-384-0000 President, CEO & Director Fax: 403-265-0073 Email: rthompsonmarquee-energy.com Address: 1700, 500-4th Ave SW Calgary, AB T2P 2V6 Direct: (403)…
Appendix 17
Experienced Management Team Richard Thompson, President & CEO Mr Thompson has been the President and CEO at Marquee Energy since 2011. Previously, he served as an Executive Vice-President of Cequence Energy Ltd. from 2008 to 2010 and…
Strong Governance Dennis Feuchuk, BBM, CMA, Chairman Mr. Feuchuk has served as a Director of Marquee since June 22, 2010. Prior thereto he was President and Chief Executive Officer of Base Oil & Gas Ltd. from October 2009 to May 2011.…
History of Value Creation Cequel Energy Performance 12.00 2,000 Richard Thompson acted as Manager of Geophysics for Cequel Energy Inc. from 2001 to 9.00 1,500 2004 Price per share Volume (000s) Over the same period,…
2014 Production and Netbacks Q1 Q2 Q3 Average Production 4024 5,035 5143 BOE/D Liquid Content 48% 43% 42% Sales Price 59.57 55.93 49.97 /BOE Royalty Expense 5.37 7.31 6.54 /BOE Production Costs 18.92 16.15 11.67 /BOE Transportation…
Marquee Undervalued Relative to Peers EV / Production 2015E EV / P+P Reserves 70,000 25.00 23.81 60,000 20.00 EV / Production 2015E EV / P+P Reserves 59,050 50,000 19.15 53,668 17.93 50,512 Average:…
Play Type Comparison Play Type Economics Comparison: Half Cycle Payouts Number of Years 13.0 6.0 Michichi and 4.9 5.0 Oil Plays Natural Gas Plays Lloydminster Payouts 4.0 3.7 3.0 2.9 3.0 2.8 2.4 2.3 Median: 1.3 2.2 2.0 1.8…
Marquee History Entered into a Closed property Acquired gas plant, Closed bought deal Received Closed transaction to reorganization and acquisition at gathering system financing with shareholder approval acquire Western…
Marquee Hedges as of December 1, 2014 Term Hedge Type Counterparty Volume Pricing July 1, 2014 to December 31, 2014 WTI fixed price National Bank 400 bbls/d Cdn 96.00/bbl March 1, 2014 to December 31, 2014 WTI fixed price National…
Michichi Geological Model Detrital Banff Target oil Target oil bearing zone bearing zone W E Bantry Ellerslie Detrital Middle Banff Fracturing MIDDLE BANFF DETRITAL API () 30-36 30-36 Lower Banff Pay (m) 5-20 3-8 Perm…
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