SPAIN:01/28/19 2:20:56 PM    ALBERTA: 01/28/19 6:20:56 AM    ONTARIO: 01/28/19 8:20:56 AM

ONTARIO Oil & Natural Gas Assets

DELP’s Ontario oil and natural gas assets produced 2,348 boe/d in March 2015, providing a stable foundation of high-netback production, plus approximately million of cash flow per annum. The assets also hold a significant number of development drilling locations and opportunities for well re-completions as well as immediate scope for production optimization.

572

bbls per day (2014)
LIGHT-SWEET OIL

ONSHORE

DELP’ onshore properties hold oil proved reserves of approximately 1.54 million bbls plus lower-risk infill drilling opportunities.

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10.6

mmscf per day (2014) NATURAL GAS

OFFSHORE

DELP’s Lake Erie assets bring approximately 89 bcf of proved developed gas reserves with long-life production profiles.

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708

OIL & NATURAL GAS WELLS

FACILITIES

The acquired Southern Ontario assets included extensive hydrocarbon production, processing and storage infrastructure.

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