Economics : Rates of Return/ IRR
Showing 3 Results
Major Operating Area Economics
US75 WTI & 3.50 AECO
CORPORATE PRESENTATION
IP30 boe/d EUR Mboe Cost Per Well Payout
Area IRR%
(Liquids %) (Liquids %) (CMM) (Months)
Alberta Montney (Volatile Oil)
Gold Creek West 1,025 (58%) 710 (54%) 9.0 125% 10
Gold Creek East 1,370 (57%) 1,245 (47%) 9.5 170% 8
Karr 700 (79%) 850 (76%) 10.5 180% 8
Kaybob Duvernay
CRESCENT POINT
Volatile Oil 700 1,000 (75%) 700 1,000 (65%) 10.5 140% 7
Liquids-Rich 1,000 1,500 (35 - 75%) 1,000 1,500 (35 65%) 11.0 160% 6
Lean Gas 1,500 (<35%) 1,500 2,000 (<35%) 11.5 75% 12
Viewfield Bakken 95 200 (90%) 60 160 (90%) 1.7 2.2 55 125% 9 16
Shaunavon 60 90 (90%) 60 115 (90%) 1.9 40 100% 11 22
Flat Lake - Torquay 105 140 (90%) 105 140 (90%) 3.4 50 100% 10 17
SK Conventional 80 130 (90%) 70 250 (90%) 1.5 65 175% 6 18
North Dakota Bakken 600 765 (90%) 460 560 (90%) US7.2 50 80% 9 13
All figures are approximates. Payouts are calculated from the initial onstream date. 20
Booked locations are proved and probable locations, as derived from the Companys internal reserves evaluation in accordance with NI51-101 and the COGE Handbook.
Crescent Point Energy Corp.
June 2023
ATAX IRR (%)
20%
40%
60%
80%
0%
100%
Ellerslie
Frobisher/Alida
Marten Hills
Montney
Montney
Montney
Eagle Ford
Eagle Ford
Condy
Marcellus
Viking
Montney
Cantuar
Mannville Ellerslie
Charlie Lake
Montney Upper Mannville
Frobisher / Alida
SE SK Unfracked
Dunvegan
Montney
Upper Mannville
Montney
Montney
Bakken
Permian
SE SK Bakken
Midale
Bakken
Montney
Cold Lake
SE SK Fracked
Midale
Cardium
Duvernay
Austin Chalk
Permian
Viking
Provost
Permian
Cold Lake
Permian
SW SK Viking
Shaunavon
Mannville
Ratcliffe/Midale
Cardium
Montney
VET
Sparky
Eagle Ford
Permian
Permian
ROBUST RETURNS AMONGST NORTH AMERICAN PROJECTS
Gething
Ratcliffe/Midale
Woodford
Permian
Permian
Permian
Montney
Bakken
Uinta
Spirit River
Bakken
Permian
Oil/Liquids
Cardium
Permian
Cardium
Pembina
Powder River
Beaverhill Lake
Eagle Ford
Montney
Shannon; Vermilion capital program targets the Turner only in the Hilight area of the Powder River Basin. ** Permian -3%; Mississippian Mid-Con -4%.
PROJECT RANKING BY ATAX IRR
Duvernay
Montney
Permian
Gas
Utica
Permian
Utica
PRB Parkman /
Montney
Turner / Shannon*
Marcellus
Deep Basin
Woodford
Bakken
Bakken
Torquay
NORTH AMERICAN PROJECT RANKING
Montney
Woodford
Permian
SAGD - Heavy Oil
Montney
Marcellus
Spirit River
Duvernay
Marcellus
Marcellus
DJ Basin
Montney
Scotia Capital research, November 2019. Price assumptions: WTI US55/bbl, HH Natural Gas US2.50/mcf, AECO 1.85/mcf, USD/CAD 0.76. * Scotia analyzes a composite of the Parkman / Turner /
Eagle Ford
Duvernay
Woodford
Haynesville
SAGD - Oil Sands
Spirit River
DJ Basin
Eagle Ford
Woodford
Gulf Coast
Eagle Ford
Permian
Marcellus
Permian**
Mississippian**
26
Vermilion Energy Inc.
December 2020
Type Well Economics (1)(2)(3)(4)
AREA COST IP90 EUR NPV BT10% IRR (BT) PAYOUT
(M) (Boe/d) (Mboe) (mm) (%) (years)
SE Saskatchewan open hole 725 82 75 1.2 1.6 139 240 0.9 0.6
SE Sask. Ratcliffe (open hole) 1,100 76 80 1.9 117 1.1
SE Saskatchewan Frac Midale 1,500 176 191 1.8 - 2.4 68 97 1.5 1.1
SE Sask Torquay (frac) 2,450 161 130 2.3 67 1.5
West central Sask Viking (Type 5) 700 45 40 0.4 - 0.7 32 50 2.7 1.9
Notes:
1) Unrisked.
2) Based on GLJ Q3 2017 escalated price forecast (WTI US52.00/57.00/62.00 2018/19/20) assuming Jan. 1, 2018 start date.
3) Assumes WTI/Cdn Light differential of 8% and SPE quality differential of CAD4.00.
4) Range of values denotes whether well drilled on freehold or Crown lands. Where only a single value is presented, it is assumed that the well is
drilled on Crown land.
7
Spartan Energy Corp.
September 2017