Uriel Gas Holdings Corp. · CSE:UGH
Uriel Gas — Investor Presentation (November 2023)
33 slides from Uriel Gas's investor presentation, November 2023
Slide 1: Corporate Presentation November 2023
URI EL G A S . CO M CORPORATE PRESENTATION N O V E M B E R 2023 1
Slide 2: Forward Looking Statements and Disclaimer
FORWARD LOOKING URI EL G A S . CO M STATEMENTS A N D DISCLAIMER T hi s p r es en t a t i o n c o n t ai n s f o r w ar d ‐ l o ok i ng s t a t em en t s a n d f o r w a r d ‐ l o ok i n g i n fo r m at i on w i t h in t h e m e a n i n g of a p p l i c a bl e sec ur it i es l aws . T h es e s t a t
Slide 3: Forward Looking Statements and Disclaimer
FORWARD LOOKING URI EL G A S . CO M STATEMENTS A N D DISCLAIMER C er t a i n s t a t em en t s c o n t a i n ed i n t his p r es en t a t i o n c o n s ti t ut e f or w a rd -l o o k i n g i n f o r m a ti o n wi t hi n t h e m ea n i n g of s ecur iti es laws . F o r w a r d - l o o k i n g i n f o
Slide 4: Company Overview
URI EL G A S . CO M COMPANY OVERVIEW EXPLOIT IN G U N D E R - D E V E L O P ED Ric hdale CONVENTIONAL OIL & GAS PO O L S 5,920.5 A CRE S • I n c o r po ratin g Res o u r c e A s ses smen t Meth o d o lo g y to D eter min e Cros s field E as t Remain in g P o ten tial of L eg ac y P o o ls Hi gh Hydr
Slide 5: Uriel: A Unique Opportunity
URI EL G A S . CO M URIEL: A UNIQUE OPPORTUNITY ESTABLISHE D ACCRETIVE FINANCIAL HELIUM INFRA- GROWTH FLEXIBILITY EXPOSURE STRUCTURE • L ow capital cos t • C a s h f l owi ng as s ets • U ni que opport uni t y to • D e v e l opme nt areas offer prog ra ms to e x p a n d s upport c ont i nue d benefi
Slide 6: Top Tier Management Team
URI EL G A S . CO M T O P T I E R M A N A G E M E N T TEA M 180 Y E A R S O F COMBINED PRODUCTION Es tab lis h ed H is to r y of S tar tin g , Bu ild in g & I n ter natio nal Exp er ienc e, w ith K n o w led g e/Exp er tis e Tr ac k Rec o r d of P r o v id in g S tr o n g Retu r n s to C o m p a n y
Slide 7: Management Team
URI EL G A S . CO M M A N A G E M E N T TEA M GREG KAISER / CE O & DIRECTOR JOANNE DORVAL-DRONYK / CFO Mr. Ka i s er i s a geol ogi s t wi th over 3 5 yea r s of ex per i enc e i n W es ter n C a n a d a Ms. Dor va l -Dr onyk i s a CPA, C G A wi th over 3 5 yea r s of ex per i enc e wor ki ng a n d
Slide 8: Management Team
URI EL G A S . CO M M A N A G E M E N T TEA M J E F F VI NCE T T / JEFF DYCK / B E N ELGERT / V P O PER A TI ONS CORPORATE ENGINEERING ADVISOR Mr. Vi nc ett ha s over 3 5 yea r s of ex per i enc e i n SECRETARY Mr. El ger t gr a dua ted wi th a Ba c hel or of Sc i enc e i n the oi l a nd g a s i ndu
Slide 9: Board of Directors
URI EL G A S . CO M BOARD OF DIRECTORS R O G E R T A NG / D I R E C T O R RICHARD THOMPSON / DIRECTOR Mr. T a n g w a s a Co-Founder , Di r ec tor , Pr es i dent, a n d Chi ef Ex ec uti ve Mr. T h o m p s o n i s a gr a dua te i n Honor s Geophys i c s fr om the Uni ver s i ty of O ffi c er of Del t
Slide 10: ESG Commitments
E S G C O M M I TM EN TS URI EL G A S . CO M Uri el opera tes u n d e r t h e h i g h e s t of E S G sta n d a rd s E nvironm ent S oc ial Governanc e • N o r e p o r t a b l e s p i l l s o r r e l e a s e s. N o • Up d a t i n g p r e v i o u s R i c h d a l e • Compl e te d transfe r and re gi st
Slide 11: Property Locations
URI EL G A S . CO M PROPERTY LOCATIONS Property: Al b erta Sca l e 1:6,000,000 s1234114/i n d m01 Source: GLJ Petroleum Cons ultants 11
Slide 12: Reserves & NPV
RESERVES & NPV URI EL G A S . CO M Source: GLJ Petroleum Cons ultants 12
Slide 13: Company Production, Reserves and Present Value Summary
COMPANY PRODUCTION, URI EL G A S . CO M RESERVES AND PRESENT VALUE SUMMARY Source: GLJ Petroleum Cons ultants 13
Slide 14: Historical and Forecast Production
HISTORICAL AND FORECAST PRODUCTION URI EL G A S . CO M Company* Interest Oil Equivalent Source: GLJ Petroleum Cons ultants 14
Slide 15: Historical and Forecast Production - Total Proved Plus Probable
HISTORICAL AND FORECAST PRODUCTION URI EL G A S . CO M Company* Interest Oil Equivalent - Total Proved Plus Probable Source: GLJ Petroleum Cons ultants 15
Slide 16: Reserve & NPV Highlights
URI EL G A S . CO M R E S E R V E & N P V H I GH L I GH TS 1 D i s c o n ne c t b e t w ee n u nde r l yi ng reserve va l ue of R i c h d a l e & cu rren t m a r k e t c a p offers u n i q u e opportuni ty PROVED DEVELOPED T O T A L P R O V E D (TP) TOTAL PRO V E D + P R O D U C I N G (PDP) P R O B
Slide 17: Richdale Summary
URI EL G A S . CO M RICHDALE SUMMARY QUALITY RESERVOIR STABLE CASH FLOW COST CONTROLS C on v e n t i ona l s we e t oil pool with G e ne ra t e s ba s e c a s h flow to s us tain S ha l l ow res ervoir de pt h of < 4 , 0 0 0 s i g n ifi cant hy droc a rbon s t ora g e Uriel operati ons wi t h s igni
Slide 18: Pool Outline & Type Log
URI EL G A S . CO M P O O L OUTLINE & TYPE LOG Geol ogi ca l ch a ra cteri sti cs + 36 A P I oil offer c o m p e l l i n g d e v e l op m e n t p oten tia l • Tar g eted Ban f f F o r matio n f eatu r es relatively s h allo w d ep th T y pe l og de mons t ra t e s t hi c k oil pa y c ol u mn • Exp
Slide 19: Richdale Net Pay
URI EL G A S . CO M RIC HD ALE NET PAY 26 Sour c e: G L J Petr ol eu m NI51-101 Repor t
Slide 20: Banff Depth Conversion & Banff Time Structure
BANFF DEPTH CONVERSION & URI EL G A S . CO M B A N F F TIME S T R U C T U R E Richdale Banff “A” Pool – no seismic coverage No seismic coverage 02/10-32: 9 BO PD/1 3 1 .4 m b b l s 20
Slide 21: Crossfield East
URI EL G A S . CO M C R O S S F I EL D EA S T • This project is the result of regional mapping from Uriel’s Richdale property, west along several Banff hydrocarbon and Mannville (including Ellerslie) accumulations. • From detailed mapping, incorporating well logs, cores and drill cuttings, a highly
Slide 22: Crossfield East Ellerslie Sand Distribution and Oil and Gas Wells
CROSSFIELD EAST ELLERSLIE URI EL G A S . CO M SAND DISTRIBUTION AND OIL AND GAS WELLS Ellerslie Shoreface with Lower Ellerslie Sandstone 16-19 Lead Well Outline R29W4M * 16-19 Lead Well (25 m south of North boundary 22
Slide 23: Daily Production
URI EL G A S . CO M D A I L Y P R O D U C TI O N 23
Slide 24: 16-19-028-28W4 Lead Well
URI EL G A S . CO M 16- 19- 028- 28W 4 L EA D W EL L OIL RATE V S TIME OIL RATE V S CUMUL ATIV E OIL 24
Slide 25: Greater Grande Prairie (GGP) Overview
GREATER G R A N D E PRAIRIE URI EL G A S . CO M ( GGP ) O V E R V I E W L a n d s acqui red at G G P • 3,840 g r o s s a c r es a c q u i r ed in U G H ’ s 2 n d f o c u s area, w h er e H el i u m t es t ed t h r o u g h o u t t h e g a s field at 0.5 - 1.0% • S i t u a t ed in a r eg i o n of s i
Slide 26: Greater Grande Prairie Infrastructure
URI EL G A S . CO M GREATER G R A N D E PRAIRI E I N F RA ST RUC TURE 26
Slide 27: Kakut Banff Net Gas Pay
K A K U T B A N F F N ET GA S URI EL G A S . CO M P A Y U P P ER P O R O U S ZO N E 27
Slide 28: Lower Kakut: OGIP 28.7 BCF
URI EL G A S . CO M L O W ER K A K U T: O GI P 28. 7 B C F 12-20Hz-75-1W6M Location (Booked) Tight Limestone in Lower Kakut zone Lower Kakut: OGIP 28.7 BCF (Pool top right of slide) Upper Kakut Pool Outline 12-20Hz Location 1-20-75-1W6M 5-21-75-1W6M Upper Main Kakut Porosity Lower Secondary (only mi
Slide 29: Kakut Seismic Coverage
URI EL G A S . CO M K A K U T S EI S M I C C O VER A GE 29
Slide 30: Line SR-10: NW-SE Flattened on Top of Banff
L I N E S R - 10: N W - S E F L A T T E N E D O N URI EL G A S . CO M TOP OF BANFF NW C u m ~7.3 Bc f Ban f f G a s SE 30 NO TE: S eis mic A mp litu d e/Ch ar ac ter at Ba n f f Res er v oir Level!
Slide 31: Uriel Next Steps
URI EL G A S . CO M URIEL NEXT STEPS CONSOLIDATE RE-ACTIVATE ADVANCE GROW Conti nu e to Re-acti vate G G P A d v a n c e 6 -8 Conti nu e to grow consol i date posi ti on g a s field opportuni ti es wi th conventi onal oil asset at G G P sei sm i c confi rm ati on base wi th several Drill horizontal
Slide 32: Capital Structure – UGH on CSE
CAPITAL STRUC TURE – UGH on C S E URI EL G A S . CO M M a n a g e m e n t a n d founders: 10,000,000 P ubl i c float: 59,862,900 W a rra nt s out st a ndi ng : 1,708,900 Opt i ons out st a ndi ng : 6,150,000 TOTA L S H A R E S - D ILU TED : 77,721,800 Sh a res b e g a n t ra d i n g o n t h e C S E
Slide 33: Thank You
URI EL G A S . CO M EMA I L: I NV ES TO RS @ URI EL G A S . CO M THANK YOU URIELGAS.COM 24
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