CORPORATE PRESENTATION FEBRUARY 2015 2015 NBF ENERGY CONFERENCE TSX-V: MQL OTCQX: MQLXF Prudent and Disciplined 0
Near-term Corporate Strategy In response to a low commodity pricing environment, Marquee plans to remain disciplined and conservative with its capital spending. The Company will continue to strengthen and protect its balance sheet,…
Marquee Profile Market Profile (TSXV: MQL) Current Shares Outstanding (MM) 120.3 Insider Ownership (basic/fully diluted) 15.3%/19.5% Operations Estimated Average Production Q4 (boe/d) 5,240/46% oil & liquids Current Production…
Marquee Reserves Highlights December 31, 2014 The Companys Proved Developed Producing (PDP) reserves increased by 39% to 8.9 mmboe (41% oil and NGLs and proved plus probable (2P) reserves rose by 16% to 20.0 mmboe (55% oil and…
Reserves Growth Reserves Category Light & Medium Oil Heavy Oil Natural Gas NGL Total Effective Date: December 31, 2014 (Mbbl) (Mbbl) (MMcf) (Mbbl) (Mboe) Proved Developed Producing 2,529 858 31,678 277 8,944 Developed…
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 2014 Michichi Wells Performing Above Type Curve Peak Weekly Peak Monthly Budgeted IP 30 Rate 450 400 Michichi current production 4,500 boe/d (79% of total 350 production) 300 Since December 2011,…
2014 Michichi Capital Program 100% success rate on 13 HZ oil wells drilled in 2014, average peak IP30 220 boe/d Production results continue to improve based on technical and drilling/completion optimization Extensive use of 3D…
Michichi Improvement of Capital Cost Structure 2,500 Drilling Cost per Meter 2,000 Infrastructure enhancements have significantly reduced tie-in times. 1,500 COST 1,000 500 Rig Release to On Production 160 0 140 1…
Lloydminster Performance 2014 Llyodminster Well Results 100 Regional/Sparky 90 McLaren 80 HZ 70 60 * To be optimized BOE/D + Well bore damage 50 40 30 20 10 0 + * * * * * Wells (Chronologically Ordered)…
2015 First Half Guidance Marquee has issued guidance for the first half of 2015. The Company will continue to act with discipline and prudence in its approach to capital spending, acquisition opportunities and with respect to its…
Why own shares in Marquee today There is distinct value at the current share price as the company trades below its peers with financial flexibility The company continues to reduce operating, capital and G&A costs, thereby…
Marquee Hedges as of January 15, 2015 28% of Marquees production is hedged through to the end of Q2 2015 Term Hedge Type Counterparty Volume Pricing January 1, 2015 to March 31, 2015 WTI fixed price National Bank 500 bbls/d CDN…
Balance Sheet Performance CASHFLOW Lowered G&A costs by 50% on a per BOE basis since 2013 DEBT/CF 12000 9 8 10000 Cash Flow 7 Debt to Cash Flow Ratio Cash Flow (000) 8000 6 OPEX Debt/CF (x) 5 6000 4 4000 3 G&A…
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 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…
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