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NuVista Energy Ltd
July 2012 Corporate Presentation
| Jonathan A. Wright | Page 7 of 11 |
December 17, 2014
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Alberta Regional Montney - Rich Resource WAPITI BILBO RESTHAVEN Upper Montney Dry Gas Window 165 gross sections (92% WI) Liquids of 50 Bbls/MMcf (shallow cut) to 100 Bbls/MMcf (deep cut) 30 Bbls/MMcf to 40 Bbls/MMcf condensate; priced at premium to WTI 500+ Hz locations in Upper Montney alone $3 - 4 billion in profitable repeatable future investment Total of 16 HZ wells booked Land sale prices rising Resource evaluation in progress Have signed 5 year firm transportation take - or - pay agreement with priority access to shallow cut processing Pursuing funding alternatives 6 KAKWA Upper Montney Lower Montney 130m 75m July 2012