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Tourmaline Oil Corp
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May 2015 Corporate Presentation
| Michael L. Rose | Page 38 of 11 |
November 21, 2024
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"May 2015 Corporate Presentation"
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New E&P Plays and Opportunities ? Paleozoic Gas Play • 200-300 bcf targets • 10 Prospects • 1 suspended gas well in 2014 ? Regional Charlie Lake Oil Play ? 2013 regional discovery. Est ultimate Reserves of 0.5 billion boe (Company estimate), Tourmaline 80-85% capture ? Dunvegan Duplex Play • Initial NPW tested 17.3 mmcfpd @ 9.7 Mpa • Multiple step-outs within the 3D defined feature • Additional duplex features captured ? Emerging Outer Foothills Cardium Oil Play • Over 500 locations in inventory • 2014/15 drilling 2-3 Hz locations ? Emerging Fracture Enhanced Wilrich Play • 3 high rate verticals drilled/over 150 locations in inventory • 2014/15 drilling 5-7 locations (5 Hz, 2 vertical) • Two short radius lateral IP'd in excess of 15 mmcfpd • Lovett 7-15 Hz 7 day IP 23 mmcfpd ? Deep Basin Devonian Strat Traps • 6 Prospects • Smoky 7-15 Cased suspended gas well Dec 2014 38 ? Sundown Doig Hz • Initial Hz tested 15.2 mmcfpd @ 14.5 Mpa in Q2 2014 • Large follow-up inventory • 3-4 Doig Hz wells 2H 2014/2015