Eagle Energy Inc. Investor Fact Sheet TSX: EGL

Transcription

Eagle Energy Inc. Investor Fact Sheet TSX: EGL
Eagle Energy Inc. Investor Fact Sheet
TSX: EGL
| April 2016
2016 Guidance(1)
Capital Budget
$5.0 MM
Working Interest Production
3,200 to 3,600 boe/d
Operating Costs per month
$2.2 to $2.6 MM
Notes:
(1)
See Eagle’s News Release dated March 17, 2016, “Eagle Energy Inc. Announces 2015 Annual Results and Reserves Information and Confirms March 2016 Dividend,” for
assumptions, risk factors and cautions that pertain to Eagle’s 2016 guidance and other forward-looking information in this fact sheet.
About Eagle
Eagle is an oil and gas energy corporation created to provide investors with a sustainable business while delivering stable production and
overall growth through accretive investments and acquisitions. Eagle’s shares are traded on the Toronto Stock Exchange under the symbol
“EGL.” Eagle’s strategy is to acquire and exploit conventional long-life hydrocarbon reserves in certain established production basins in
North America. Eagle owns stable, oil producing properties with development and exploitation potential in Canada and the United States.
On January 27, 2016, Eagle acquired Maple Leaf Royalties Corp. (“Maple Leaf”) by way of plan of arrangement (the “Arrangement”) and converted into a
corporation called “Eagle Energy Inc.” For more information, see Eagle’s news release’s issued on November 20, 2015, and January 27, 2016.
Eagle combines innovation, expertise and opportunity to
create wealth for investors
EXPERTISE
Eagle targets petroleum assets that have attractive metrics for:

Post acquisition growth, followed by long term stability

Strong returns on capital

Sustainable cash flows to underpin dividends
Our Properties
Q3 2015 Field Netback ($/BOE) (Junior & Intermediate Comparison)
$36.42
Raging River Exploration
RMP Energy
Bonterra Energy
Whitecap Resources
Crescent Point Energy
Lightstream Resources
TORC O&G
Inc.
Eagle Energy Trust
Northern Blizzard
Seven Generations
Peyto Exploration
ARC Resources
Baytex Energy
Birchcliff Energy
Trilogy Energy
Surge Energy
Tourmaline Oil Corp
Paramount Resources
NuVista Energy
Advantage Oil and Gas
Pengrowth Enegy
Twin Butte Energy
Kelt Exploration
Bellatrix Exploration
Long Run Exploration
Bonavista Energy
Penn West Exploration
Crew Energy
Enerplus Corp
Pine Cliff Energy
Perpetual Energy
Painted Pony Petroleum
$29.77
$28.06
$24.15
$23.55
$22.14
$21.71
$20.96
$17.68
$16.45
$16.14
$16.10
$15.57
$15.50
$15.20
$15.08
$15.05
$13.57
$13.35
$13.32
$13.10
$12.99
$11.98
$11.72
$11.30
$11.00
$10.89
$9.84
$9.31
$7.92
$7.10
$5.95
$-
$5.00
$10.00
$15.00
$20.00
Eagle owns stable, oil producing properties with development and exploitation potential located in Canada
(Alberta) and in the US (Texas and Oklahoma).
Twining Field Properties, AB:
- Located in the Pekisko oil pool formation in the Twining
field in East-Central Alberta
- 57 gross (33 net) producing oil wells
- Approximately 41,500 gross (32,650 net) acres
Dixonville Properties, AB:
- Non-operated
- Located 50 kms northwest of Peace River
- 78 gross (39 net) producing oil wells
- 81 gross (41 net) water injectors
- 19,520 gross (7,900 net) acres
Salt Flat Properties, TX:
- Located in the Salt Flat field in Caldwell County, TX
- 54 gross (41 net) producing oil wells
- 3,200 (2,600 net) acres
$25.00
$30.00
$35.00
$40.00
Source: Company reports; Acumen Capital Partners.
- Field netback is a non-IFRS measure, calculated by subtracting royalties, operating costs and transportation from revenue.
- Based on the three months ended September 30, 2015. Natural gas converted at 6:1.
Hardeman Properties, TX & OK:
- Located in the Hardeman Basin in Hardeman County,
TX, and Greer, Harmon and Jackson Counties, OK
- 44 gross (34 net) producing oil wells
- 24 gross (20 net) non-producing wells
- 28,000 acres (18,000 “HBP” plus 10,000 undeveloped)
Eagle Energy Inc.
Investor Fact Sheet
April 2016
[email protected]
Management Team________
Richard W. Clark
President, Chief Executive Officer
and Director
J. Wayne Wisniewski
Chief Operating Officer
Kelly A. Tomyn
Chief Financial Officer
QUALITY
Eagle owns and operates in petroleum producing areas in Canada and
the U.S. with stable production
Eagle seeks to acquire and develop assets with sustainable cash flows and low risk
unexploited potential. Eagle manages its capital spending and dividends to deliver
moderate but sustainable growth.
Production History & Forecast (boe/d)
Eric C. McFadden
Vice President, Capital Markets &
Business Development
M. Scott Lovett
Vice President, Corporate & Business
Development
Jo-Anne M. Bund
General Counsel/Corporate Secretary
Directors________________
David M. Fitzpatrick
President and Chief Executive Officer
Veresen Midstream
Bruce K. Gibson
Former Vice President and Chief
Financial Officer
Shiningbank Energy Income Fund
Warren D. Steckley
Former President, Chief Operating
Officer and Director
Barnwell of Canada Limited
Richard W. Clark
President, CEO and Director
Eagle Energy Inc.
Notes:
- Q4/14 production is after the Permian asset disposition and before the Dixonville asset acquisition.
- 2016 guidance on the chart is the mid-point of the full year 2016 working interest production guidance range and includes working interest production from the acquisition of
Maple Leaf (but excludes royalty interest production).
INCOME
Eagle’s assets have attractive metrics for sustainable cash flows that
underpin dividends
Eagle strives to deliver sustainable monthly dividends to its shareholders.
Eagle’s current dividend is $0.01 per share per month ($0.12 annualized).
Analysts________________
Acumen Capital Partners
Paradigm Capital
Scotiabank Global
TSX: EGL
Calgary Office
Houston Office
Eagle Energy Inc.
Eagle Hydrocarbons Inc.
Suite 2710, 500 - 4th Avenue SW
Suite 3005, 333 Clay Street
Calgary, Alberta T2P 2V6
Houston, Texas 77002