net asset value (nav) - Primera Energy Resources Limited

Legal Disclaimer and General Notes
LLegal l Di Disclaimer l i
This presentation contains forward-looking financial and operational information
including earnings, cash flow, debt levels, production and capital expenditure
projections projections. These projections are based upon the Company’s Company s expectations and are
subject to a number of risks and uncertainties that are generally related to the
industry and could materially affect projected results. The risks include, but are not
limited to, future commodity prices, exchange rates, interest rates, geological risk,
reserves risk, political risk, product demand and transport restrictions
General Notes
(i) CConversion i rate t (US$ tto CDN$) of f $1 $1.00 00 usedd th throughout h t thi this presentation t ti
(ii) Economic analyses done at WTI Forecast excepted by 15 March 2012 (by AJM)
unless otherwise stated
(iii) The calculations of barrels of oil equivalent ("boe") ( boe ) are based on a conversion rate
of six thousand cubic feet ("mcf") of natural gas to one barrel of crude oil. Boe's
may be misleading, particularly if used in isolation. A boe conversion ratio of 6 mcf:
1 bbl is based on an energy equivalency conversion method primarily applicable at
TSX-V: PTT
the burner tip and does not represent a value equivalency at the wellhead
2
PRIMERA ENERGY RESOURCES LTD.