snapshot 2013 march2015 - maple leaf funds
TRANSCRIPT
MARCH 2015
FUND SNAPSHOTMAPLE LEAF 2013 FUND
EXECUTIVE MANAGEMENT Hugh R. Cartwright, B.Comm.Chairman & Director
Shane Doyle, BA, MBACEO & Director
Adam Thomas, CFA, CIMPresident & Director
Dan Gundersen, P.Eng, CFAManaging Director
John Dickson, CGAChief Financial O�cer
Charles RuigrokDirector
John ZaharyDirector
Lowell JacksonDirector
Bruce Fair, BADirector
CORPORATE OFFICE
VANCOUVERPO Box 10357Suite 808-609 Granville StreetVancouver, BC V7Y 1G5
TEL: 604.684.5742FAX: 604.684.5748EMAIL: info@maplelea�unds.ca
MapleLeafFunds.ca
ENERGY INCOME
GEOGRAPHICAL LOCATIONOF JOINT VENTURES
NORTHWEST TERRITORIES
BRITISHCOLUMBIA
ALBERTA
SASKATCHEWAN
MANITOBA
PRODUCTION, REVENUE & DISTRIBUTIONS January 2015
January 2015
March 2015
September - March 2015
PRODUCTION BOE/d
REVENUE CAD$
CURRENT DISTRIBUTION/UNIT
TOTAL DISTRIBUTIONS/UNIT
78 BOE/d
$46,000
$0.10 /unit
$1.20 /unit (1)
(3) Liquidity event targeted to take place on or about December 31, 2015.
WESTERN CANADIAN SEDIMENTARY BASIN
75% OIL & NGLs
25% NATURAL GAS(2) This is a targeted investment mix. The actual investment mix may change throughout the life of the partnership.
GASOIL & NGLs
TARGETED INVESTMENT MIX(2)
OIL & NGLs
GAS
OIL & NGLs
GAS
FUND DETAILS
FUND TYPE
SECURITIES
SECTOR
MANDATE
RSP ELIGIBILITY
Equity Income
LP Units
Candian Oil & Gas
Income / Capital Gain
No
OFFERING CLOSED
DISTRIBUTIONS COMMENCED
LIQUIDITY TARGET (3)
DISTRIBUTION
CUSIP#
December 18, 2013
September 2014
Est. December 2015
Monthly
56531J108
PORTFOLIO DETAILS
Maple Leaf 2013 Oil & Gas Income Limited Partnership (the “Fund”) has now completed the deployment of all of its capital. Consistent with the investment mandate of the Fund, the acquired assets are gross overriding royalties (“GORRs”) on a variety of wells and lands gener-ally concentrated in west central Alberta.
The Fund's investment highlights are the following:
Investment #1 is a petroleum and natural gas overriding royalty purchase and sale agreement for a total of $7 million. This agreement provides the Fund with a 3% GORR on all existing production and all land (approx. 100,000 acres) owned by the operator. A portion of the $7mm will be utilized to participate in the drilling of 2 development wells in return for an additional 7% GORR (10% total GORR).
Investment #2 is a 9.448% GORR on two producing liquids rich natural gas wells in the Ferrier area of Alberta.
Investment #3 is a portfolio of royalties ranging from 1.5% to 5.625% on six producing wells in the Brazeau and Pembina areas of Alberta.
Investment #4 is a variety of royalty interests on over 12,000 gross acres of land and including over 50 producing wells in Alberta.
Investment #5 is a $2.55 million drilling participation agreement whereby the Fund will receive a 20% GORR on six vertical oil wells expected to be drilled in 2015 in northwest-ern Alberta. After receipt of $2.86 million in revenues, the GORR will revert to 10%.
The Fund’s current cash distribution is $0.10 per limited partnership unit from the revenue received from January’s production.
(1) Original Unit Price = $100/unit.
This document is provided for information purposes only and shall not constitute an o�er to sell or the solicitation of any o�er to buy securities.