Investor Presentaiton
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Canada: Harmattan Cardium Assets
| A core play in the Western Canadian Sedimentary Basin (WCSB) with substantial potential remaining
Asset Overview
> Cardium assets in the WCSB covering about 75,400 gross acres
> Profitable operations with low costs, contributing to total Company free cash flow generation
> 2023 Q3 production (NRI) of 2.3 mboepd
> Low decline, oil weighted production with ~70% liquids
Substantial Future Development Opportunities
> Continued focus on production maintenance and free cash flow growth across Harmattan sites
> Potential to drill in excess of 65 locations over the next 4 - 6 years with longer laterals that will cover more
horizontal length than the 80 previous locations
> Low operating costs driven by owned and operated infrastructure, as well as strong oil and gas marketing
agreements
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VAALCO WELLS
2021 to 2023 Drill
Licenced
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VAALCO LANDS
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Slide 13View entire presentation