TakeAway Capacity In The Bakken -- WLL's Corporate Presentation

July, 2013, presentation, slide #18.

Total takeaway capacity (rail + pipeline) exceeds production but not by much.

Production significantly exceeds pipeline capacity.

Confirmed pipelines (including those yet to be completed) will never catch up with forecast production.

Pipeline capacity (confirmed and proposed) will match productivity for a short period in late 2015/early 2016, but won't meet production needs then again until 2029.

Rail takeaway (CBR) capacity (A = actual; E = estimated)

• 2010A: 400,000 bopd
• 2011A: 510,000 bopd
• 2012A: 1.2 million bopd
• 2013A/E: 1.2 million bopd. May's production: 877,563 bopd.
• 2014E: 1.6 million bopd
• 1015E: 1.8 million bopd

CBR capacity peaks out at 2.1 million bopd in 2017.