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Anderson Energy Inc
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August 2016 Investor Presentation
| Brian H. Dau | Page 3 of 11 |
May 09, 2024
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"August 2016 Investor Presentation"
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Anderson Energy - Background Focused Development on Cardium Horizontal Wells in Central Alberta and an Emerging Development Project in the Duvernay Carbonates • Aim is profitable growth with production weighting exceeding 50% oil, condensate & NGL through horizontal drilling. • Cardium and Glauconite potential drilling inventory of 95 gross (66.7 net) horizontal locations. • New Duvernay Carbonates medium depth light oil horizontal drilling project. The Company has over 12 sections of 100% working interest land in this play with a potential to drill four horizontal wells per section. Low Cost Wells with Strong Performance • Industry leader in keeping drilling and completion costs low in Cardium horizontal play. • Average IP30 for 19 Cardium wells completed in the Willesden Green area since January 2012 has been 469 boed (68% liquids). Anderson has been an industry leader in IP 30 Cardium well results in the Willesden Green area. Investor Presentation | August 2016 3