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Delphi Energy Corp
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2015 EPAC Oil & Gas Investor Showcase
| David Reid | Page 5 of 11 |
November 26, 2024
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"2015 EPAC Oil & Gas Investor Showcase"
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BIGSTONE MONTNEY: A DOMINANT LAND POSITION Resthaven East Bigstone Fir South Bigstone West Bigstone Exxon Chevron ATH DEE Exxon ECA Exxon Exxon Conoco • Montney land position has grown to 138.5 gross (117.1 net) sections since 2010 • Delphi one of the largest Montney landowners on map sheet • Delphi is a leader in the technical evolution of the liquids-rich play • Development drilling inventory of +100 two mile HZ wells at East Bigstone • West Bigstone will require +100 wells to develop • Industry is de-risking area • Continue to consolidate land and infrastructure: • 8.0 gross (3.5 net) sections of Montney acquired at East Bigstone • 26.3 gross (19.3 net) sections of Cretaceous rights with production; includes plant and P/L infrastructure • Cretaceous rights now total 87.5 gross sections Continue to pursue additional Montney opportunities within Greater Bigstone