TORO ADVANTAGE Management Team management has a strong track record of building companies and creating shareholder value Solid Financial Position no debt, cash reserves and extensive credit facilities in place for junior oil and…
TORO OIL & GAS PROFILE STOCK SYMBOL TOO.V BASIC SHARES 55.5 million DILUTIVE SECURITIES 17.2 million FULLY DILUTED SHARES 72.7 million INSIDER OWNERSHIP 17.6% (basic) 31.6% (fully diluted) MARKET CAPITALIZATION(1) C37.2…
TORO FUNDING AND FINANCING Recapitalization proceeds of 25 million of non brokered private placement funds, of which 10 million invested by officers and directors 46 million raised Completed 21 million equity offering in and 3…
ALBERTA VIKING LIGHT OIL AB SASK Anchor asset is a low decline, large oil in place Halkirk pool with significant near term development opportunities Provost Toro currently Hamilton Lake positioned with 93 net Consort Kerrobert…
TORO ALBERTA VIKING ASSETS Highlights: Operated asset with low Hamilton Lake decline production base 360 boepd of current production(1) including unitized Viking light oil production 93 net sections of land 100 development…
HAMILTON LAKE VIKING UNIT 100% working interest in Viking Unit Very low drilling density on average 2 oil wells per section Only 8 horizontals drilled to date Waterflood optimization upside potential Reservoir has conventional…
VIKING TYPE WELL AND ROR 140 Low Cost of Capital 120 Drill, Case, Complete, Tie-in cost of 950K Oil Production Rate (bopd) 100 Break even economics 80 support drilling in spite of weak commodity 60 price cycles 40 High…
2015 CAPITAL PLAN AND STRATEGY Limiting spending in H1 2015 due to low commodity prices with limited visibility on time for recovery Conservative capital program of 12 million Plans for 6-7 wells to be drilled in Hamilton Lake and…
VALUE PROPOSITION Why Toro over other opportunities High torque entity Opportune time to grow Toro financially positioned to aggressively grow Commodity upside Existing 2P Reserves 2.6MMbbls PAGE 10
SUMMARY Inventory of high-quality, low decline, large light oil in place pool 93 net sections of land in the prolific Alberta Viking fairway Upside potential includes horizontal drilling of Viking Unit, waterflood optimization…
APPENDIX
TORO MANAGEMENT TEAM Barry Olson, President & CEO, Director 30+ years of engineering and senior management experience in the oil & gas industry Founder, President & CEO of Orleans Energy Ltd.: A TSX listed company that grew to 4,700…
BOARD OF DIRECTORS BANKER Chris Seasons NATIONAL BANK Independent Businessman 30 years of oil and gas technical management experience Past President of Devon Canada Corp. Former Chairman of the Canadian Association of Petroleum…
CONTACT INFORMATION TORO OIL & GAS LTD. 2200, 250 5th Street SW Calgary, AB T2P 0R4 Phone: 403-237-9996 Fax: 403-264-0416 Emergency phone: 403- 770-6832 Barry Olson Don Sabo President & CEO, Director Executive Vice President, Director…
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