Skip to main content April 2015 Corporate Presentation – Sanchez Energy Corp | Shale Experts
Loading...
Pm

April 2015 Corporate Presentation – Sanchez Energy Corp

Sanchez Energy Corp · Apr 6, 2015 · 21 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. April 2015 Corporate Presentation – Sanchez Energy Corp – slide 1
    Results Driven. Manufacturing Focused. Corporate Presentation April 2015 www.sanchezenergycorp.com
  2. April 2015 Corporate Presentation – Sanchez Energy Corp – slide 2
    Sanchez Energy Overview Eagle Ford Shale Market Cap (1) 1,040 MM (1) Enterprise Value 2,320 MM Net Acreage: 226,000 acres 1P Reserves: 130 MMBoe (2) Current Production: 44,000 Boe/d (2) Positioned to thrive in a period of volatile…
  3. April 2015 Corporate Presentation – Sanchez Energy Corp – slide 3
    Managing Through the Bottom of the Cycle Focused on high-quality, low-cost oil and condensate resource play Eagle Ford Focus High grading drilling program, reducing costs, and realizing higher well performance than initial estimates…
  4. April 2015 Corporate Presentation – Sanchez Energy Corp – slide 4
    Transformational Growth At IPO Today (12/31/11) (12/31/14) Production 609 Boe/d 72x 44,000 Boe/d 6.7 MMBoe 19x 130 MMBoe (1) Proved Reserves 14% PD 46% PD (1) PV-10 152 million 13x 1,923 million LTM Revenue 15 million 59x…
  5. April 2015 Corporate Presentation – Sanchez Energy Corp – slide 5
    Delivering Strong Results Reserves by Category (12/31/14) (1) Production (Boe/d) 150 PD PUD 130 125 50,000 40,000 100 54% 30,000 MMBoe 75 59 20,000 50 58% 10,000 25 21 46% 7 0 82% 42% 86% 30 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q…
  6. April 2015 Corporate Presentation – Sanchez Energy Corp – slide 6
    Revised 2015 Capital Plan: Focus On Liquidity SN has reduced its 2015 capital plan to 600 - 650 million from 1.1 - 1.2 billion in order to preserve liquidity and financial flexibility Focus will be on high rate of return projects while…
  7. April 2015 Corporate Presentation – Sanchez Energy Corp – slide 7
    Full Year 2015 & 1Q15 Guidance Expected 2015 production to range between 40,000 and 44,000 Boe/d, an increase of 38% over 2014 production at the mid-point of guidance, with expected 1Q15 production to also range between 40,000 and…
  8. April 2015 Corporate Presentation – Sanchez Energy Corp – slide 8
    Eagle Ford Shale Position SN Position Summary Net Acres 226,000 Current Production (Boe/d) 44,000 Operated Rigs Non-Operated Rigs Gross Producing Wells 513 Hausser Wycross Alexander Ranch 10 2015 Sanchez…
  9. April 2015 Corporate Presentation – Sanchez Energy Corp – slide 9
    Stacked Lateral Potential Palmetto Catarina Wycross Marquis La Salle Cotulla Cotulla Upper Eagle Ford Lower Eagle Ford Target 1 Lower Eagle Ford Target 2 Buda 11 Development Appraisal 2015 Sanchez…
  10. April 2015 Corporate Presentation – Sanchez Energy Corp – slide 10
    Low Cost Operator With Sustained Cost Reductions Total Cash Operating Cost Including Interest & Preferred Dividends (/Boe) Interest & Preferred Dividends Taxes LOE Cash G&A 45.06 41.46 4.78 4.72 9.37 31.40 30.83 4.53 27.25…
  11. April 2015 Corporate Presentation – Sanchez Energy Corp – slide 11
    Catarina Overview Western Catarina (43,000 net acres) PUD Locations only in Western Catarina 600 Potential drilling locations Eastern 300 Lower Eagle Ford drilling locations Catarina 300 Upper Eagle Ford drilling locations Central…
  12. April 2015 Corporate Presentation – Sanchez Energy Corp – slide 12
    Driving Cost Reductions in Catarina Operational Efficiencies Realized Driving Further Competitive Advantage Catarina drilling efficiency has increased from an Optimized fluids & wellbore design average Spud to TD of 15 days to as low…
  13. April 2015 Corporate Presentation – Sanchez Energy Corp – slide 13
    Western Catarina Well Results Initial Upper Eagle Ford wells in Catarina have continued to exhibit strong rates and have sustained rates above the Lower Eagle Ford Type Curve SN Operated wells average production results are…
  14. April 2015 Corporate Presentation – Sanchez Energy Corp – slide 14
    Palmetto Overview Acreage & Inventory Palmetto Area Acreage Total Net Acres 9,000 Average Working Interest (1) 50% Average Net Revenue Interest (1) 37% Planned Well Spacing (Acres) 40 Net Identified Drilling Locations (2) 170+…
  15. April 2015 Corporate Presentation – Sanchez Energy Corp – slide 15
    TMS Acreage Position and Activity 69,000 net acre position in the core of the TMS Contiguous blocky acreage with 3+ years of average remaining lease term The Morris Unit 2 in Wilkinson County, Mississippi is in initial flow back; the…
  16. April 2015 Corporate Presentation – Sanchez Energy Corp – slide 16
    Conservative Financial Strategy Solid Financial Position and Liquidity to fund future development Net Debt-to-EBITDA of 2.1x as of 12/31/14 774 million liquidity through cash and undrawn revolver facility at 4Q14 No debt maturities…
  17. April 2015 Corporate Presentation – Sanchez Energy Corp – slide 17
    Capitalization, Credit Facility & Debt Maturity 4Q14 liquidity of 774 million Credit Facility Details (MM) 700 650 Borrowing Base 474 million in cash 550 600 Elected Commitment 550 million borrowing base post asset 500 Amount sale…
  18. April 2015 Corporate Presentation – Sanchez Energy Corp – slide 18
    Hedge Strategy 60% of anticipated total 2015 production hedged at the mid-point of production guidance range 132 million market to market value of hedges as of 2/28/15 Use a variety of derivatives (swaps, costless collars, 3-way…
  19. April 2015 Corporate Presentation – Sanchez Energy Corp – slide 19
    Hedge Summary As Of 2/28/15 Daily Volume Commodity Instrument Period (Bbls / MMBtu) Average Price Oil Enhanced Swaps January 1 - February 28, 2015 6,500 91.96 WTI Swap Short 73.85 WTI Put Oil Enhanced Swaps January 1 - March 31, 2015…
  20. April 2015 Corporate Presentation – Sanchez Energy Corp – slide 20
    Summary Investment Highlights Operational and financial flexibility to thrive in an uncertain commodity price environment 2015 capital plan fully funded without need to drawn on unused credit facility Ability to preserve SNs strong…
  21. April 2015 Corporate Presentation – Sanchez Energy Corp – slide 21
    Capitalization Summary Revolving credit facility (due 2019) 550 MM borrowing base with an elected commitment of 300 million and an interest rate of LIBOR + 1.50% - 2.50% Restrictive covenants: Maximum senior secured debt to LTM…

From the store

Browse maps, data & reports in the Shale Experts store