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…
VIKING ACQUISITIONS Highlights: Series of arms-length transactions 2.4MM total consideration Consolidation of existing land base 50 boepd of Viking light oil production 29 net sections of land 50 development locations…
TORO OIL & GAS PROFILE STOCK SYMBOL TOO.V BASIC SHARES 55.8 million DILUTIVE SECURITIES 17.2 million FULLY DILUTED SHARES 73.0 million INSIDER OWNERSHIP 17.6% (basic) 33.3% (fully diluted) MARKET CAPITALIZATION(1)…
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 6…
ALBERTA VIKING LIGHT OIL AB SASK Anchor asset is a low decline, large oil Halkirk in place pool with significant near term development Provost opportunities Hamilton Toro currently Lake Kerrobert Prairiedale positioned with…
TORO ALBERTA VIKING ASSETS Highlights: Operated asset with low decline production base 600 boepd of current production(1) including unitized Viking light oil production 122 net sections of land Hamilton Lake 300 MMbbls OOIP…
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 Unit OOIP of 300 MMbbl with only 5% recovered to date Waterflood…
VIKING TYPE WELL AND ROR 140 Drill, Case, Complete, 120 Tie-in cost of 950K High rate of return Oil Production Rate (bopd) 100 inventory of both Tier 1 80 and Tier 2 type wells provide flexibility in 60 low commodity…
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 High torque entity Opportune time to acquire Positive financial position Commodity upside Existing 2P Reserves 2.5MMboe PAGE 11
SUMMARY Inventory of high-quality, low decline, large light oil in place pool 122 net sections of land in the prolific Alberta Viking fairway Upside potential includes horizontal drilling of Viking Unit, waterflood…
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 President & CEO, Director Phone: 403-686-6801 Email:…
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