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NuVista Energy Ltd
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April 2015 Corporate Presentation
| Jonathan A. Wright | Page 16 of 11 |
November 24, 2024
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15 • >100 *Total locations identified within development area • Typecurve increased from 4.4 Bcf to 6.0 Bcf Elmworth Development Block The best plays still add value while weathering the commodity price storm… *Unrisked assuming 4 wells/ zone/ section, 80% land utilization 45 9 13 Liquids Typecurve Bbls/MMcf Condensate Butane Propane **Inputs Dev well Capital Raw EUR Opex Liquids Bbls C5+ / well AECO $/GJ WTI Price US$/Bbl Economics NPV10 PIR Payout ROR Netback / Boe F+D Cap. Eff. $8.2MM 0.9 1.8 yrs 51% $30.00 $7.50/Boe $13,700/Boe/d Base Prices $9MM 6.0 Bcf ~$10.00 /boe 29% 263,000 $3.50 $90.00 $1.0MM 0.1 4.4 yrs 15% $17.00 $8.50/Boe $13,700/Boe/d Long Term Low Price (Sensitivity only) $8.1MM 4.8 Bcf ~$10.00 /boe 29% 214,000 $3.00 $50.00 NVA Montney IP30's NVA Drilled / Completed Montney Horizontal Wells NVA 7-22 Compressor Site and Connect to SemCAMS Elmworth Development Block 8 Wells On Production Now 2 Rigs Drilling Q3 2015 New Capacity Available **Prices and costs inflated at 2% per annum; 1.05x and 1.20x USD:CDN fx rate used in base and low cases respectively. A 10% cost reduction is assumed in the low price scenario. Reserves reduced due to economic limit in low price scenario. Capex includes D,C,E, & T April 2015