Spyglass Resources Corp. - PrecisionIR

Spyglass Resources Corp. - PrecisionIR Spyglass Resources Corp. - PrecisionIR

edg1.precisionir.com
from edg1.precisionir.com More from this publisher
11.07.2015 Views

Light Oil Focus AreasLegendPaceAvenExChargerDixonvilleMontney$80 - $90 Million Capital ProgramProposed CapexAreaAllocationHalkirk-Provost Viking 30%Southern Alberta Multiple Zones (Pekisko, Glauc, etc.) 20%Randell Slave Point and Gilwood 20%Pembina Cardium 10%Other 20%Total 100%RandellSlave Point & GilwoodPembinaCardiumHalkirk-ProvostVikingSouthern AlbertaMulti-zoneFile: SPYGLASS_v2.0.MAP Datum: NAD27 Projection: Stereographic Center: N54.61689 W113.26251 Created in AccuMap, a product of IHSSpyglass Resources Corp.8

Underpinning the Model – Low Decline, BalancedProduction BaseCompanyCore AreaQ3-2012Production(boe/d) (1)Q3-2012Oil & LiquidsQ3-2012Op Costs ($/boe)Q3-2012Netback ($/boe) (2)Est. Base DeclineRatePCE Southern AB 4,591 48% 19.76 16.76 25%PCE Dixonville 3,185 89% 12.53 29.71 11%PCE Northwest AB 3,065 19% 13.39 5.91 18%PCE Deep Basin 1,206 5% 6.95 6.29 22%PCE Peace River Arch 634 55% 21.83 15.94 30%AVF BC 930 1% 9.39 2.13 13%AVF Northern AB 1,131 67% 16.22 25.77 20%AVF Southern AB (3) 667 83% 33.84 21.18 12%AVF Saskatchewan 404 99% 26.78 33.03 10%AVF Royalty Volumes 36 86% - - -CHX Halkirk-Provost 1,106 65% 21.95 26.86 34%CHX Peace River Arch 1,481 17% 10.62 12.40 23%CHX Drumheller 441 8% 6.40 8.65 16%CHX Royalty Volumes 111 95% - - -Pro Forma Total / Weighted Avg 18,988 47% 15.65 16.74 20%(1) Pro forma current production estimated at approximately 17,500 boe/d, 49% oil and liquids.(2) Excludes hedging gains and losses.(3) AVF production excludes central AB disposition in Q4 2012. Southern AB production includes remaining 99 boe/d (31% liquids) of remaining central ABproduction.Spyglass Resources Corp.9

Light Oil Focus AreasLegendPaceAvenExChargerDixonvilleMontney$80 - $90 Million Capital ProgramProposed CapexAreaAllocationHalkirk-Provost Viking 30%Southern Alberta Multiple Zones (Pekisko, Glauc, etc.) 20%Randell Slave Point and Gilwood 20%Pembina Cardium 10%Other 20%Total 100%RandellSlave Point & GilwoodPembinaCardiumHalkirk-ProvostVikingSouthern AlbertaMulti-zoneFile: SPYGLASS_v2.0.MAP Datum: NAD27 Projection: Stereographic Center: N54.61689 W113.26251 Created in AccuMap, a product of IHS<strong>Spyglass</strong> <strong>Resources</strong> <strong>Corp</strong>.8

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!