Freehold Royalties Ltd. · TSX:FRU
Freehold Royalties — Merger or Acquisition (December 2024)
10 slides from Freehold Royalties's merger presentation, December 2024
Slide 1: Strategic Midland Basin Acquisition
Strategic Midland Basin Acquisition December 2024 FREEHOLDROYALTIES.COM | TSX FRU
Slide 2: Advisories: Disclaimer and Cautionary Statement
Advisories Disclaimer and Cautionary Statement A prospectus supplement containing important information relating to the common shares (the "Common Shares") of Freehold Royalties Ltd. ("Freehold") described in this document has not yet been filed with the securities regulatory authorities in each of
Slide 3: Freehold's Value Proposition: North American Portfolio Overview
DEEP BASIN CLEARWATER Freehold’s Value Proposition North American Portfolio Overview MANNVILLE HEAVY OIL CARDIUM VIKING SE SASKATCHEWAN ▪ Exposure to major conventional oil and shale basins with >360 royalty counterparties N. DAKOTA BAKKEN ▪ ~6.1 million gross acres in Canada, and ~1.2 million gross
Slide 4: $259 million Acquisition in the Core of the Midland Basin
$259 million Acquisition in the Core of the Midland Basin Strategic Midland Basin Acquisition Acquired Assets Map Acquisition Highlights ▪ ~244,000 gross drilling acres; increasing Freehold’s Midland Basin acreage by ~35% ▪ ~85% of acreage concentrated in core Midland Basin (Martin & Midland countie
Slide 5: Positioning Portfolio into Undeveloped Lands Strengthens Future Growth Position
Positioning Portfolio into Undeveloped Lands Strengthens Future Growth Position Strategic Midland Basin Acquisition ~25% of the Acquisition is Undeveloped ▪ Significant “white space” DSUs with more than 25% of the Acquired Assets acreage characterized as undeveloped with no 2010 -2024 Horizontal Wel
Slide 6: Why We Love the Midland Basin
Why We Love the Midland Basin Midland Basin Bench Overview ▪ Significant running room in the Clearfork 7,000 2,100 1st Generation and 2nd Upper Spraberry 2,200 Generation benches 7,500 Middle Spraberry 2,300 Jo Mill ▪ Emerging benches are being 8,000 2,400 tested with results that are on 2,500 Lower
Slide 7: Balanced North American Portfolio; Oil Weighted; Best-in-Class Operators
Balanced North American Portfolio; Oil Weighted; Best-in-Class Operators Pro forma Freehold Key Metrics Including the Acquired Assets Freehold’s Top 3 Areas (boe/d) Midland 3,600 49% of Total Production 58% 42% Eagle Ford 2,400 Heavy Oil 1 1,300 69% Oil Weighted Revenue 49% 51% ~34 MMcf/d of corpora
Slide 8: FREEHOLDROYALTIES.COM | TSX FRU
Advisories FREEHOLDROYALTIES.COM | TSX FRU
Slide 9: Advisory Relating to Forward-Looking Information
Advisories Advisory Relating to Forward-Looking Information This presentation offers an assessment of Freehold's future plans and operations as at December 13, 2024 and contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. All state
Slide 10: Advisories (continued)
Advisories Freehold cannot assure investors that actual results will be consistent with these forward-looking statements. Accordingly, investors should not place undue reliance on forward-looking statements due to the inherent uncertainty therein. To the extent any guidance or forward-looking statem
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