Corporate Overview July 2014 A focused team, crea/ng value through early innova/on in a prolic basin TSX: TZR.V
Corporate Highlights Experienced Senior Team with more than 35 years average experience Management & Board Track record of creang excellent long term shareholder returns Idenfy and acquire emerging acreage prove concept…
Terrace Business Model IDENTIFY & PROVE DELINEATE OPTIMIZE ACQUIRE CONCEPT VALUE RETURNS Acquire low-cost Drill strategically acreage posiLons with located delineaLon unconvenLonal Drill test well(s) to wells IniLate Pad…
Operang Areas Maverick County Big Wells South Texas Syndicate Cutlass NW-AWP www.terraceenergy.net 5
Company Overview Key Asset Anributes SubstanLal Leasehold PosiLon 180,000 gross mineral acres (53,000 net to Terrace) Large Drilling Inventory Approximately 2,000 potenLal gross drillable locaLons (nearly 600 net to…
Olmos Tight Sandstone Project Terrace owns approximately 30% working interest in 17,000 gross mineral acres 145 potenLal drilling locaLons (53 net to Terrace) Type curve yields 487 MBoe per locaLon (83% liquids)* Project…
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Acreage Expansion Targets La Salle Co. McMullen Co. AWP Olmos Field 49 MMBbl, 500 BCF * Sun TSH Olmos Field 1,879 MBbl, 100 BCF * Tri Bar Olmos Field 743 MBbl, 47 BCF * 5 miles Nueces River Olmos Log…
Maverick County Project Massive Acreage PosiLon with MulLple ProspecLve Oil Bearing Horizons BlackBrush Terrace LP (50% owned by Terrace Energy) has the right to acquire a 50% operated working interest in 147,000 gross acres (230…
Maverick County Project Buda Limestone EvaluaLon Chiwm 1-H iniLal delineaLon well Strong hydrocarbon indicators in mud logs Petrophysics shows extensive fracturing, excellent porosity and oil saturaLons Chiwm 2-H coring and…
Maverick County 2014 Evaluaon Program SerpenLne Plug Planned StraLgraphic DelineaLon Wells Planned Buda Well Buda ProducLon (7 wells) 110,000 BO, 208 MMCF BTLP Chiwm 1H Pearsall CompleLon Eagle Ford / Buda Log…
Big Wells Buda Limestone Project Drill-to-Earn Agreement with Rights to Acquire up to 10,130 Net Mineral Acres Terrace Energy has the right to acquire up to 100% working interest in 10,130 gross acres in the emerging Buda…
Big Wells Area Buda Producon www.terraceenergy.net 14
Avenues for Organic Growth Acquire Oset Negoaons in progress with mulple Eagle Ford developers osegng the STS Project for Acreage drill-to-earn terms similar to successfully concluded Big Wells negoaons Accelerate Opmize…
Terrace Expansion Areas www.terraceenergy.net 16
Management Team Dave Gibbs President and Chief ExecuLve Ocer, Director Mr. Gibbs received a Bachelor of Engineering degree from Georgia Tech in 1975 and has 38 years experience in the oil & gas exploraon and development business. Mr.…
Board of Directors Dan Carriere Chairman Mr. Carriere was a founding partner and signicant shareholder, as well as the Senior Vice President, of Corriente Resources Inc. (TSX) from 1992 unl the sale of Corriente to CRCC-Tongguan…
Capital Structure Terrace Energy - CapitalizaLon Summary Shares Outstanding 75,297 OpLons 3,400 RSUs 950 ConverLble Notes (ConverLble at 2.00 per share) 19,400 Fully Diluted Shares Outstanding (36% insider ownership)…
Terrace Areas of Operaons www.terraceenergy.net 20
Contacts infoterraceenergy.net canadian address Suite 1012-1030 West Georgia St. Vancouver B.C. V6E 2Y3 p 604 282 7897 f 604 629 0418 us address Suite 400 - 202 Travis St. Houston, TX 77002 p 713 227 0010 f…