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Legacy Oil + Gas Inc
January 2012 Corporate Presentation
| Trent J. Yanko | Page 22 of 11 |
May 28, 2016
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"January 2012 Corporate Presentation"
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Frys/Antler, Sask. – Torquay/Souris Valley Torquay (Three Forks) ? Significant light oil (40o API) resource ? GLJ Consultants Ltd. estimates from mapping show a gross lease resource of 91.9 MMSTB of discovered PIIP (1) ? Majority of the adjacent Sinclair field currently being successfully waterflooded ? Potential recovery of up to 30-50% (based on public data) ? Legacy core flooding study and reservoir simulation indicates potential 30% recovery factor ? Currently drilling infill wells for 2012 waterflood conversion Souris Valley/Tilston ? Waulsortian mounds identified on 3-D seismic ? Several successfully drilled; IP 60- 180 Bopd ? Additional conventional Souris Valley/Tilston development locations identified 1. As independently mapped by GLJ Consultants Ltd., August 1, 2009 T7 T8 T9 R29W1M R30 R31 Legacy 3-D Seismic SINCLAIR WATERFLOOD (24 SECTIONS) FRYS EAST WATERFLOOD PLAN