Skip to main content IPAA OGIS 2015 NEW YORK – Eclipse Resources Corp. Investor Presentation | Shale Experts
Loading...
Pm

IPAA OGIS 2015 NEW YORK – Eclipse Resources Corp.

Eclipse Resources Corp. · Apr 20, 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. IPAA OGIS 2015 NEW YORK – Eclipse Resources Corp. – slide 1
    Investor Presentation April 2015 NYSEECR
  2. IPAA OGIS 2015 NEW YORK – Eclipse Resources Corp. – slide 2
    April2015CorporatePresentation Company Overview Eclipse has 6.6 Tcfe in Total Resource Potential on 128,000 net core Utica & Marcellus acres(1) Eclipse Resources Assets Key Statistics Market Capitalization(2) 1.3 Billion Pro…
  3. IPAA OGIS 2015 NEW YORK – Eclipse Resources Corp. – slide 3
    April2015CorporatePresentation Developing Value & Improving Efficiencies Eclipse continues to convert unproved assets into proved reserves, while its drilling plan generates superior growth Net Production (MMcfe/d) Proved Reserves…
  4. IPAA OGIS 2015 NEW YORK – Eclipse Resources Corp. – slide 4
    April2015CorporatePresentation Efficiently Growing Production through the Drill Bit Highlights Net Production (MMcfe/d) Grew average annual production by 1,600% from 2013 200 200 to 2014 175 175 185 Expect 150% year over year…
  5. IPAA OGIS 2015 NEW YORK – Eclipse Resources Corp. – slide 5
    April2015CorporatePresentation Liquidity, Capitalization & Hedging Highlights Pro forma Liquidity ( MM)(1) 700 Strong liquidity and hedge position Reduced capital expenditure program to 352 MM 600 27 125 600 from 809 MM in 2014…
  6. IPAA OGIS 2015 NEW YORK – Eclipse Resources Corp. – slide 6
    April2015CorporatePresentation Peer Leading Growth with Reduced CapEx Eclipse expects to achieve peer leading growth even as the company significantly reduces capital expenditures Consensus Average Production Growth (2015…
  7. IPAA OGIS 2015 NEW YORK – Eclipse Resources Corp. – slide 7
    April2015CorporatePresentation Top Tier Drilling Performance Eclipse has participated to date in drilling 181 gross Utica Shale wells Days to TD 40 to Total Depth (TD) 31% 67 operated wells 30 faster 36 114 non-operated wells…
  8. IPAA OGIS 2015 NEW YORK – Eclipse Resources Corp. – slide 8
    April2015CorporatePresentation Well Cost Progression Eclipse has reduced its type well drilling and completion costs in each development area through drilling efficiencies, modified casing designs and downward pressure on…
  9. IPAA OGIS 2015 NEW YORK – Eclipse Resources Corp. – slide 9
    April2015CorporatePresentation 2015 Gas Marketing Summary Access to Gulf Coast and Midwest markets expected to provide 0.40/Mcf of uplift after transportation expense relative to Dom South in 2015(1) Highlights Q1-15 Sales Markets…
  10. IPAA OGIS 2015 NEW YORK – Eclipse Resources Corp. – slide 10
    April2015CorporatePresentation Diversified Midstream Strategy Eclipses acreage is centered across a confluence of major pipelines in the country providing significant in- and out-of-basin optionality Highlights The location of…
  11. IPAA OGIS 2015 NEW YORK – Eclipse Resources Corp. – slide 11
    April2015CorporatePresentation Premier Southern Utica & Rich Marcellus Position(1) Eclipses core acreage position is well delineated in the heart of a world-class play ECR 10 Wells IP Rate 4.6 MMcfe/d 60% Liquids * Avg. 6,044…
  12. IPAA OGIS 2015 NEW YORK – Eclipse Resources Corp. – slide 12
    April2015CorporatePresentation 2015 Type Well Economics Eclipse has expanded its Utica type curve bands across its acreage position into seven areas, utilizing gas in place, thermal maturity expectations, and historical well…
  13. IPAA OGIS 2015 NEW YORK – Eclipse Resources Corp. – slide 13
    April2015CorporatePresentation Production vs. Type Curves Eclipse has interests in 114 producing Utica Shale Dry Gas Areas gas wells to date 10,000 Mmcfe 38 Dry Gas wells 13 Rich Gas wells 63 Condensate wells 1,000 Newer…
  14. IPAA OGIS 2015 NEW YORK – Eclipse Resources Corp. – slide 14
    April2015CorporatePresentation 2015 Guidance First Quarter 2015 Second Quarter 2015 Average Daily Production 160 MMcfe/d 170 - 180 MMcfe/d % Natural Gas 66 - 68% 62 - 64% % NGL 17 - 19% 18 - 20% % Oil 14 - 16% 17 - 19% Realized…
  15. IPAA OGIS 2015 NEW YORK – Eclipse Resources Corp. – slide 15
    APPENDIX
  16. IPAA OGIS 2015 NEW YORK – Eclipse Resources Corp. – slide 16
    April2015CorporatePresentation Highly Experienced Management Team Proven management team with track record of executing a complex drilling program Years in Name Position Prior Experience Industry Benjamin Hulburt President & CEO…
  17. IPAA OGIS 2015 NEW YORK – Eclipse Resources Corp. – slide 17
    April2015CorporatePresentation Favorable Lease Expiration Schedule 46% of leases have a 5-year extension option Utica Core Area Leasehold Expiration(1) 45% 41.2% 40% 35% 30% 29.1% 25% 20%…
  18. IPAA OGIS 2015 NEW YORK – Eclipse Resources Corp. – slide 18
    April2015CorporatePresentation Northeast Supply/Demand Balance Significant excess out-of-basin transportation capacity to meet production growth expectations as Eclipse enters the winter of 2015 60 Northeast Supply-Demand and New…
  19. IPAA OGIS 2015 NEW YORK – Eclipse Resources Corp. – slide 19
    April2015CorporatePresentation Type Curve & Cost Assumptions Condensate/Rich Rich Condensate Lean Condensate Rich Gas Dry Gas West Dry Gas East Marcellus West Marcellus East Gas Identified Net Drilling Locations 25 103 85 51 216…
  20. IPAA OGIS 2015 NEW YORK – Eclipse Resources Corp. – slide 20
    April2015CorporatePresentation Hedging Summary Eclipse Resources 2015 gas hedges are at an average price of 3.76/MMBtu Volume Natural Gas Hedges Production Period Weighted Average Price (/MMBtu) (MMBtu/d) Natural Gas Swaps…
  21. IPAA OGIS 2015 NEW YORK – Eclipse Resources Corp. – slide 21
    April2015CorporatePresentation Non-GAAP Reconciliations Adjusted EBITDAX Adjusted Net Loss Three Months Ended Three Months Ended December 31, September 30, December 31, ( in thousands) 2014 2014 ( in thousands) 2014 Net Loss…

From the store

Browse maps, data & reports in the Shale Experts store