Nico Vandersalm, P.Eng. Email & Phone Number

Calgary, Ab, Ca

Calgary, Ab, Ca

- Manage Tourmaline's CCS development in AB and BC.- Navigate the Alberta Carbon Sequestration Evaluation Agreement permit process for the Clearwater CCUS Hub.- Focusing on vertically integrated Sorbent and Solvent post-combustion CO2 capture and storage.- Bringing key stakeholders together to stand up one of the first AB CCS Hubs.

Calgary, Alberta, Ca

• Development planning and execution of Clive Leduc CO2 miscible enhanced oil recovery (EOR) project.• Supervise Measurement, Monitoring, and Verification (MMV) plan to ensure CO2 containment in EOR reservoir. • Develop new methods to monitor CO2 movement through both conventional reservoirs and saline aquifers for pure Carbon Capture and Storage (CCS).• Report and communicate with the AER and AE with respect to CO2 containment assurance and MMV updates.• Team member of Enhance origins carbon sequestration project, a 20 million tonne per year CCS initiative to help Canada meet its net zero goals.

Calgary, Ab, Ca

• Executed corporate evaluation and acquisition of Kicking Horse Energy Inc• Complete subsequent swaps and tuck-ins to double acreage of original acquisition• Production management of Liquid Rich Montney Gas Condensate asset• Implemented field wide gas lift infrastructure from 2 well pilot to 50 well system• Continuous frac design progression over 26 wells driving well deliverability improvements• Integrated water handling system, storage hub and pumps to recycle produced water on fracture treatments• Manage multi-discipline team to meet budget expectations• Spearheaded exploratory wells in three new layers of the Montney• Grew Kakwa asset from 4,000 to 12,000 boe/d (65% liquid)• Managed 450 million dollars of capital spending over four years, including major infrastructure expansions, pipelines and drills• Quadrupled net asset value of property from 0.4 to 1.6 billion dollars

Calgary, Ab, Ca

Calgary, Ab, Ca

• Oversee the development strategy of Midale and Frobisher drilling in SE Saskatchewan and Spearfish drilling in Pierson and Bottineau. The Midale formation boasts some of the strongest horizontal multi stage economics in the Williston basin and is still able to generate competitive rates of return in the current price environment. • Implemented a three year plan for all areas with significant future step out and infill drilling. This allows me to effectively manage risk, expiries, well commitments, infrastructure limitations and development goals. • Work extensively with reservoir engineers and service companies to test and design tailored Midale frac programs to improve ultimate recoveries. This includes core work, frac simulations and adapting to technology innovations.• Initiated the transition of our Steelman field from primary to secondary recovery through conversion of horizontal wells to injection. There are currently three wells under injection with plans to convert an additional six wells over the next year to increase the reservoir pressure back above bubble point.• Responsible for the evaluation and presentation of all major corporate sales packages and minor swaps in my areas. I make bid recommendations directly to executive management allowing them to make the most informed decisions for the company.

Calgary, Ab, Ca

• Accountable for the execution of the development plan for Penn West’s Otter, Sawn, and Red Earth fields. We utilized single and dual lateral horizontal multi stage fracture stimulation in the Slave Point tight oil formation.• Otter was in its fourth year of drilling and was in the final stage of development. I fine-tuned our proven well design and was experimenting with new two section laterals to improve capital efficiencies. In addition to the primary development in Otter, there was a water flood pilot underway utilizing two horizontal injectors to flatten decline rates and increase the overall recovery factor. Water flood applications were progressing to allow the conversion of an additional seven horizontal wells to injection.• Sawn was beyond the appraisal stage with three years of drilling completed. This area was geologically superior to Otter and Red Earth but had much less well control and was being developed at a more conservative pace. • Red Earth was just completing its last appraisal wells to help determine the size of the prize and most effective spacing and frac designs. We developed a five year plan that would coincide with the construction of a new oil battery to handle the incremental volumes.• My primary responsibility was co-ordinating Penn West’s functional groups to execute our development programs on time and on budget. This included First Nations, Surface Acquisition, Licensing, Construction, Drilling, Completions, Facilities, Production, and EOR. Program readiness, tracking, and engagement in all aspects of operations were important to implementing cost savings initiatives and realize cycle time reductions.

Calgary, Ab, Ca

• Completed economic evaluations of potential business development opportunities for Penn West. After considering engineering value, possible competing companies, and compatibility with Penn West production, I presented a bid value to senior management. These deal sizes range from small tuck-ins to large multi-billion dollar corporate acquisitions.• Responsible for all of Central Alberta, focusing mostly on Penn West’s Cardium play in Pembina and the surrounding properties. I previously worked on the Saskatchewan and Manitoba areas, focusing on the Waskada Lower Amaranth development.• Coordinated with Penn West exploration teams and Landmen to identify acquisition opportunities beyond public disposition packages to increase Penn West’s influence in its core areas. • During my second year in the group I become one of the leaders on the A&D evaluations team. I was responsible for maintaining our databases, updating our evaluation procedures, and training new team members.

Calgary, Ab, Ca

• Completed an internship through the University of Calgary’s Engineering Internship Program and then continued working for AJM part time while completing the fourth year of my degree. My last three years were spent working full time at AJM specializing in unconventional oil and gas resources.• Promoted to Technical Advisor of my business group in April 2009. I was responsible for developing evaluation procedures for unconventional oil and gas plays, reviewing junior engineers work to maintain high levels of quality, and mentoring new employees who joined AJM.• Worked extensively on corporate reserves and provided unbiased perspectives of the corporate evaluation process to clients. Throughout this time, I have achieved an in-depth knowledge of the government reporting regulations of Canada and the United States.

Houston, Texas, Us

• While employed with Apache's Calgary Drilling Department, I worked on developing their Hatton Project. This project consisted of 461 shallow gas wells drilled through the Milk River, Medicine Hat and Second White Specks formations. The wells varied from 500 - 750 meters in depth.• My responsibilities included daily drilling operations and project tracking. I organized and directed the activities of four surface rigs along with six coil tubing drilling rigs. This included organizing water & vac trucks, cement crews, casing, moving crews and any other requirements to keep the rigs operating smoothly.

Business Essentials Program

Bachelor Of Science (B.Sc.), Oil And Gas Engineering