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Table of Contents
Table of Contents 2
List of Tables 5
List of Figures 6
Company Snapshot 8
Key Information 8
Company Overview 8
Trilogy Energy Corp., Valuation and Financial Data 9
Trilogy Energy Corp., Share Price Performance 9
Share Price Performance, Q2, 2015-Q2, 2016 9
Trilogy Energy Corp., Key Valuation Metrics 10
Key Valuation Metrics, Q2, 2015-Q2, 2016 10
Trilogy Energy Corp., Quarterly Results of Oil & Gas Operations Per boe Produced 11
Results of Oil & Gas Operations Per boe Produced, Q2, 2015-Q2, 2016 11
Results of Oil & Gas Operations Per boe Growth Rates, Q2, 2015-Q2, 2016 12
Trilogy Energy Corp., Quarterly E&P Costs Trends 13
Upstream Capital Expenditure, Q2, 2015-Q2, 2016 13
Trilogy Energy Corp., Quarterly Production Trends 14
Trilogy Energy Corp., Total Oil and Gas Production 14
Total Crude Oil and Natural Gas Production Trend, Q2, 2015-Q2, 2016 14
Total Crude Oil & Natural Gas Production, By Country/Region, Q2, 2015-Q2, 2016 15
Trilogy Energy Corp., Crude Oil Production 16
Total Crude Oil Production Trend, Q2, 2015-Q2, 2016 16
Crude Oil Production, By Country/Region, Q2, 2015-Q2, 2016 17
Trilogy Energy Corp., Natural Gas Production 18
Total Natural Gas Production Trend, Q2, 2015-Q2, 2016 18
Natural Gas Production, By Country/Region, Q2, 2015-Q2, 2016 19
Trilogy Energy Corp., Valuation and Financial Data, 2011-2015 20
Trilogy Energy Corp., Share Price Performance, 2011-2015 20
Share Price Performance, 2011-2015 20
Key Valuation Metrics, 2011-2015 21
Trilogy Energy Corp., Production and Reserves Trends 22
Total Oil and Gas, Reserves and Production 22
Total Crude Oil and Natural Gas Production and Reserves Trend, 2011-2015 22
Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2011-2015 24
Total Crude Oil and Natural Gas Reserve Changes, 2011-2015 26
Crude Oil/Liquids Production and Reserve 27
Crude Oil/Liquids Production and Reserve Trend, 2011-2015 27
Crude Oil Production and Reserves By Country/Region, 2011-2015 28
Crude Oil/Liquids Reserve Changes, 2011-2015 30
Natural Gas Production and Reserve 31
Natural Gas Production and Reserve Trend, 2011-2015 31
Natural Gas Production and Reserves, By Country/Region, 2011-2015 32
Natural Gas Reserve Changes, 2011-2015 34
Total Crude Oil and Natural Gas Reserves Life Index 35
Total Crude Oil and Natural Gas Reserves Life Index, 2011-2015 35
Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2011-2015 36
Trilogy Energy Corp., E&P Costs Trends 38
Allocation of the Upstream Capital Expenditure 38
Upstream Capital Expenditure, 2011-2015 38
Acquisition Costs By Country/Region, 2011-2015 39
Exploration and Development Costs, By Country/Region, 2011-2015 40
Oil and Gas Cost Per boe, US$/boe 42
Oil and Gas Cost Per boe, US$/boe, 2011-2015 42
Oil and Gas Cost Per boe, US$/boe, By Country/Region, 2011-2015 44
Trilogy Energy Corp., Reserve Replacement Ratio 46
Oil and Gas Production Replacement Ratio 46
Oil and Gas Production Replacement Ratio, 2011-2015 46
Oil and Gas Production Replacement Ratio, By Country/Region, 2011-2015 48
Trilogy Energy Corp., Results of Oil & Gas Operations Trend 52
Oil and Gas Revenue and Expenses 52
Oil and Gas Revenue and Expenses, 2011-2015 52
Oil and Gas Revenue and Expenses, By Country/Region, 2011-2015 53
Oil and Gas Revenue and Expenses, Per boe 58
Oil and Gas Revenue and Expenses, By boe, 2011-2015 58
Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2011-2015 59
Oil and Gas Performance Metrics 63
Trilogy Energy Corp., Land Holdings and Well Data 64
Developed and Undeveloped Acreage 64
Gross and Net Developed and Undeveloped Acreage, 2011-2015 64
Gross and Net Developed and Undeveloped Acreage, By Country/Region, 2011-2015 65
Well Statistics 67
Producible Oil and Gas Well, 2011-2015 67
Producible Oil and Gas Well, By Country/Region, 2011-2015 68
Exploration and Development Wells Drilled, 2011-2015 72
Recent Developments 73
Trilogy Energy Corp. - Recent Developments 73
Nov 07, 2016: Trilogy Energy Announces Financial And Operating Results For The Nine Months-Ended September 30, 2016 73
Oct 25, 2016: AER Issues A Formal Notice Of Investigation To Trilogy Energy 76
Oct 07, 2016: Trilogy Energy Announces Crude Oil Emulsion Release In Kaybob Area 76
Aug 04, 2016: Trilogy Energy Announces Financial And Operating Results For The Six Months-Ended June 30, 2016 76
May 17, 2016: Trilogy Energy Announces Amendments To Its Credit Facility 79
May 05, 2016: Trilogy Energy Announces Financial And Operating Results For The Three Months-Ended March 31, 2016 79
Mar 03, 2016: Trilogy Energy Announces Financial And Operating Results For The Quarter And Year-Ended December 31, 2015 81
Nov 05, 2015: Trilogy Energy Announces Financial And Operating Results For The Three And Nine Months-Ended September 30, 2015 And Provides Revised Guidance 82
Aug 18, 2015: Trilogy Energy Announces Impact Of Recent Suspension Of Alliance And TransCanada Pipeline Systems 84
Aug 05, 2015: Trilogy Energy Announces Financial And Operating Results For The Three And Six Months-Ended June 30, 2015 84
Appendix 86
Methodology 86
Coverage 86
Secondary Research 86
Primary Research 86
Data Information Sources 87
Company Source 87
SEC/Other Regulatory Filings 87
Other Sources 87
Expert Panel Validation 87
Data Definition 87
Oil and Gas Reserves 87
Units of Measure 88
About GlobalData 88
Disclosure 88
Disclaimer 88
List of Tables
Table 1: Trilogy Energy Corp., Key Facts 8
Table 2: Trilogy Energy Corp., Share Price Performance, Q2, 2015-Q2, 2016 9
Table 3: Trilogy Energy Corp., Key Valuation Metrics, Q2, 2015-Q2, 2016 10
Table 4: Trilogy Energy Corp., Results of Oil & Gas Operations Per boe Produced, US$/boe, Q2, 2015-Q2, 2016 11
Table 5: Trilogy Energy Corp., Results of Oil & Gas Operations Per boe Growth Rates, %, Q2, 2015-Q2, 2016 12
Table 6: Trilogy Energy Corp., Upstream Capital Expenditure, Q2, 2015-Q2, 2016 13
Table 7: Trilogy Energy Corp., Total Crude Oil and Natural Gas, Production, Q2, 2015-Q2, 2016 14
Table 8: Trilogy Energy Corp., Total Oil & Gas Production, By Country/Region, mmboe, Q2, 2015-Q2, 2016 15
Table 9: Trilogy Energy Corp., Total Crude Oil Production, mmbbl, Q2, 2015-Q2, 2016 16
Table 10: Trilogy Energy Corp., Crude Oil Production, By Country/Region, mmbbl, Q2, 2015-Q2, 2016 17
Table 11: Trilogy Energy Corp., Total Natural Gas Production, bcf, Q2, 2015-Q2, 2016 18
Table 12: Trilogy Energy Corp., Natural Gas Production, By Country/Region, bcf, Q2, 2015-Q2, 2016 19
Table 13: Trilogy Energy Corp., Share Price Performance, 2011-2015 20
Table 14: Trilogy Energy Corp., Key Valuation Metrics, 2011-2015 21
Table 15: Trilogy Energy Corp., Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2011-2015 23
Table 16: Trilogy Energy Corp., Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2011-2015 25
Table 17: Trilogy Energy Corp., Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2011-2015 26
Table 18: Trilogy Energy Corp., Crude Oil Production and Reserves Metrics, mmbbl, 2011-2015 27
Table 19: Trilogy Energy Corp., Crude Oil Production and Reserves, By Country/Region, mmbbl, 2011-2015 29
Table 20: Trilogy Energy Corp., Crude Oil Reserve Changes, mmbbl, 2011-2015 30
Table 21: Trilogy Energy Corp., Natural Gas Production and Reserves Metrics, bcf, 2011-2015 31
Table 22: Trilogy Energy Corp., Natural Gas Production and Reserves, By Country/Region, bcf, 2011-2015 33
Table 23: Trilogy Energy Corp., Natural Gas Reserve Changes, bcf, 2011-2015 34
Table 24: Trilogy Energy Corp., Oil and Gas Reserves Life Index, Years, 2011-2015 35
Table 25: Trilogy Energy Corp., Oil and Gas Reserves Life Index, By Country/Region, Years, 2011-2015 37
Table 26: Trilogy Energy Corp., Upstream Capital Expenditure, US$ mil, 2011-2015 38
Table 27: Trilogy Energy Corp., Proved and Unproved Acquisition Costs, By Country/Region, US$ mil, 2011-2015 39
Table 28: Trilogy Energy Corp., Exploration and Development Costs, By Country/Region, US$ mil, 2011-2015 41
Table 29: Trilogy Energy Corp., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2011-2015 43
Table 30: Trilogy Energy Corp., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, By Country/Region, 2011-2015 45
Table 31: Trilogy Energy Corp., Oil and Gas Production Replacement Ratio, %, 2011-2015 47
Table 32: Trilogy Energy Corp., 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2011-2015 51
Table 33: Trilogy Energy Corp., Revenue and Expenses, US$ mil, 2011-2015 52
Table 34: Trilogy Energy Corp., Revenue and Expenses, By Country/Region, US$ mil, 2011-2015 57
Table 35: Trilogy Energy Corp., Oil and Gas Revenue and Expenses, US$/boe, 2011-2015 58
Table 36: Trilogy Energy Corp., Oil and Gas Revenue and Expenses, US$/boe, By Country/Region, 2011-2015 62
Table 37: Trilogy Energy Corp., Oil and Gas Performance Metrics, 2011-2015 63
Table 38: Trilogy Energy Corp., Land Holdings (Developed and Undeveloped Acreage), Acres, 2011-2015 64
Table 39: Trilogy Energy Corp., Land Holdings (Developed and Undeveloped Acreage), By Country/Region, Acres, 2011-2015 66
Table 40: Trilogy Energy Corp., Producible Oil and Gas Wells, 2011-2015 67
Table 41: Trilogy Energy Corp., Producible Oil and Gas Wells, By Country/Region, 2011-2015 71
Table 42: Trilogy Energy Corp., Exploratory and Developed Wells, 2011-2015 72
List of Figures
Figure 1: Trilogy Energy Corp., Share Price Performance, CAD/Share, Q2, 2015-Q2, 2016 9
Figure 2: Trilogy Energy Corp., Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve ($/boe), Q2, 2015-Q2, 2016 10
Figure 3: Trilogy Energy Corp., Results of Oil & Gas Operations Per boe Produced, US$/boe, Q2, 2015-Q2, 2016 11
Figure 4: Trilogy Energy Corp., Upstream Capital Expenditure, US$ mil, Q2, 2015-Q2, 2016 13
Figure 5: Trilogy Energy Corp., Total Crude Oil and Natural Gas, Production, mmboe, Q2, 2015-Q2, 2016 14
Figure 6: Trilogy Energy Corp., Total Oil & Gas Production, By Country/Region, mmboe, Q2, 2015-Q2, 2016 15
Figure 7: Trilogy Energy Corp., Total Crude Oil Production, mmbbl, Q2, 2015-Q2, 2016 16
Figure 8: Trilogy Energy Corp., Crude Oil Production, By Country/Region, mmbbl, Q2, 2015-Q2, 2016 17
Figure 9: Trilogy Energy Corp., Total Natural Gas Production, bcf, Q2, 2015-Q2, 2016 18
Figure 10: Trilogy Energy Corp., Natural Gas Production, By Country/Region, bcf, Q2, 2015-Q2, 2016 19
Figure 11: Trilogy Energy Corp., Share Price Performance, CAD/Share, 2011-2015 20
Figure 12: Trilogy Energy Corp., Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve (US$/boe), 2011-2015 21
Figure 13: Trilogy Energy Corp., Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2011-2015 22
Figure 14: Trilogy Energy Corp., Total Oil & Gas Reserves, End of Period, By Country/Region, mmboe, 2011-2015 24
Figure 15: Trilogy Energy Corp., Total Oil & Gas Production, By Country/Region, mmboe, 2011-2015 24
Figure 16: Trilogy Energy Corp., Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2015 26
Figure 17: Trilogy Energy Corp., Crude Oil Production and Reserves Metrics, mmbbl, 2011-2015 27
Figure 18: Trilogy Energy Corp., Oil Reserves, End of Period, By Country/Region, mmbbl, 2011-2015 28
Figure 19: Trilogy Energy Corp., Oil Production, By Country/Region, mmbbl, 2011-2015 28
Figure 20: Trilogy Energy Corp., Crude Oil Reserve Changes, mmbbl, 2015 30
Figure 21: Trilogy Energy Corp., Natural Gas Production and Reserves Metrics, bcf, 2011-2015 31
Figure 22: Trilogy Energy Corp., Gas Reserves, End of Period, By Country/Region, bcf, 2011-2015 32
Figure 23: Trilogy Energy Corp., Gas Production, By Country/Region, bcf, 2011-2015 32
Figure 24: Trilogy Energy Corp., Natural Gas Reserve Changes, bcf, 2015 34
Figure 25: Trilogy Energy Corp., Oil and Gas Reserves Life Index, Years, 2011-2015 35
Figure 26: Trilogy Energy Corp., Gas Reserve Life Index, By Country/Region, Years, 2011-2015 36
Figure 27: Trilogy Energy Corp., Oil & Gas Reserve Life Index, By Country/Region, Years, 2011-2015 36
Figure 28: Trilogy Energy Corp., Oil Reserve Life Index, By Country/Region, Years, 2011-2015 37
Figure 29: Trilogy Energy Corp., Upstream Capital Expenditure, US$ mil, 2011-2015 38
Figure 30: Trilogy Energy Corp., Unproved Acquisition Costs, By Country/Region, US$ mil, 2011-2015 39
Figure 31: Trilogy Energy Corp., Development Costs, By Country/Region, US$ mil, 2011-2015 40
Figure 32: Trilogy Energy Corp., Exploration Costs, By Country/Region, US$ mil, 2011-2015 40
Figure 33: Trilogy Energy Corp., 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2011-2015 42
Figure 34: Trilogy Energy Corp., Oil & Gas Finding & Development Cost/boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 44
Figure 35: Trilogy Energy Corp., Oil & Gas Finding Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 44
Figure 36: Trilogy Energy Corp., Reserve Replacement Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 45
Figure 37: Trilogy Energy Corp., 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2011-2015 46
Figure 38: Trilogy Energy Corp., 3-Year Wt. Avg. Gas F&D Production Replacement, By Country/Region, %, 2011-2015 48
Figure 39: Trilogy Energy Corp., 3-Year Wt. Avg. Gas RRC Production Replacement, By Country/Region, %, 2011-2015 48
Figure 40: Trilogy Energy Corp., 3-Year Wt. Avg. Oil & Gas F&D Production Replacement, By Country/Region, %, 2011-2015 49
Figure 41: Trilogy Energy Corp., 3-Year Wt. Avg. Oil & Gas RRC Production Replacement, By Country/Region, %, 2011-2015 49
Figure 42: Trilogy Energy Corp., 3-Year Wt. Avg. Oil F&D Production Replacement, By Country/Region, %, 2011-2015 50
Figure 43: Trilogy Energy Corp., 3-Year Wt. Avg. Oil RRC Production Replacement, By Country/Region, %, 2011-2015 50
Figure 44: Trilogy Energy Corp., Revenue and Expenses, US$ mil, 2011-2015 52
Figure 45: Trilogy Energy Corp., Depreciation, Depletion and Amortization From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 53
Figure 46: Trilogy Energy Corp., Exploration Expenses, By Country/Region, US$ mil, 2011-2015 53
Figure 47: Trilogy Energy Corp., Income Tax Provision (Benefit) From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 54
Figure 48: Trilogy Energy Corp., Net Income/ Loss From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 54
Figure 49: Trilogy Energy Corp., Oil & Gas Revenue, By Country/Region, US$ mil, 2011-2015 55
Figure 50: Trilogy Energy Corp., Profit (loss) Before Taxation From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 55
Figure 51: Trilogy Energy Corp., Production Costs, By Country/Region, US$ mil, 2011-2015 56
Figure 52: Trilogy Energy Corp., Total Expenses From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 56
Figure 53: Trilogy Energy Corp., Oil and Gas Revenue and Expenses, US$/boe, 2011-2015 58
Figure 54: Trilogy Energy Corp., Exploration Expenses per boe, By Country/Region, US$/boe, 2011-2015 59
Figure 55: Trilogy Energy Corp., Income Tax/(Benefit) per boe, By Country/Region, US$/boe, 2011-2015 59
Figure 56: Trilogy Energy Corp., Lifting Cost per boe, By Country/Region, US$/boe, 2011-2015 60
Figure 57: Trilogy Energy Corp., Annual Net Income per boe, By Country/Region, US$/boe, 2011-2015 60
Figure 58: Trilogy Energy Corp., Oil & Gas Revenue per boe, By Country/Region, US$/boe, 2011-2015 61
Figure 59: Trilogy Energy Corp., Total DD&A per boe, By Country/Region, US$/boe, 2011-2015 61
Figure 60: Trilogy Energy Corp., Total Revenue per boe, By Country/Region, US$/boe, 2011-2015 62
Figure 61: Trilogy Energy Corp., Oil and Gas Performance Metrics, 2011-2015 63
Figure 62: Trilogy Energy Corp., Land Holdings (Developed and Undeveloped Acreage), Acres, 2011-2015 64
Figure 63: Trilogy Energy Corp., Total Gross Undeveloped Acreage, By Country/Region, Acres, 2011-2015 65
Figure 64: Trilogy Energy Corp., Total Net Undeveloped Acreage, By Country/Region, Acres, 2011-2015 65
Figure 65: Trilogy Energy Corp., Producible Oil and Gas Wells, 2011-2015 67
Figure 66: Trilogy Energy Corp., Gross Productive Gas Wells, By Country/Region, Number, 2011-2015 68
Figure 67: Trilogy Energy Corp., Gross Productive Oil & Gas Wells, By Country/Region, Number, 2011-2015 68
Figure 68: Trilogy Energy Corp., Gross Productive Oil Wells, By Country/Region, Number, 2011-2015 69
Figure 69: Trilogy Energy Corp., Net/Gross Oil & Gas Ratio, By Country/Region, %, 2011-2015 69
Figure 70: Trilogy Energy Corp., Net Productive Gas Wells, By Country/Region, Number, 2011-2015 70
Figure 71: Trilogy Energy Corp., Net Productive Oil & Gas Wells, By Country/Region, Number, 2011-2015 70
Figure 72: Trilogy Energy Corp., Net Productive Oil Wells, By Country/Region, Number, 2011-2015 71
Figure 73: Trilogy Energy Corp., Exploratory and Developed Wells, 2011-2015 72