Click to edit Master title style Cabot Oil & Gas Corporation Investor Handout Johnson Rice & Company, L.L.C. Energy Conference October 4, 2011 Decision making for the long-term WWW.CABOTOG.COM NYSE: COG
Click to Executive edit MasterSummary title style Simple exciting story coming from North Americas best natural gas asset An expanding liquids production and reserve base All with a pristine balance sheet. Improving…
Click to editCapital 2011 Master Program title style With proceeds from asset sales, and cash flow, this program is more than fully funded Cash Flow from Operations and Asset Sales - 900+ million Drilling 84% Other…
Click to edit Master Unit Costs title style Total Company Total Company 2008 2009 2010 2011F Trend Gas /Mcf 8.39 7.48 5.54 4.42 Oil /Bbl 89.11 85.52 97.91 86.09 Operating Cost (/Mcfe) Direct Field 0.76 0.69 0.59 0.41 Region…
Click to edit Master title style Cabot Oil & Gas Corporation North Region Decision making for the long-term WWW.CABOTOG.COM NYSE: COG
Marcellus Comparison -Click to editvs. Southwest Master title style Northeast, PA Chautauqua Cattaraugus Allegany Steuben Chemung Tioga Broome Delaware 0 GR (API) 400 Ulster Ashtabula Erie Crawford Warren Mc…
Click Marcellus to edit Master Horizontal title style Well Statistics Horizontal Lateral Length, ft Average IP 4.0 18.0 3.6 16.4 3.5 16.0 3.0 14.0 2.7 Thousand (ft) 12.0 2.5 MMCF/D 2.1 10.0 9.3 2.0 7.4 8.0 1.5…
Click to Production Cumulative edit Master vs. titleTime style Bcf 3.00 2.75 2.50 2.25 Cumulative Production (using Average Daily Well data) 2.00 1.75 1.50 1.25 1.00 0.75 0.50 0.25 0.00 1 31 61…
ClickCumulative to edit Master title style Production Horizontal Wells: 3 wells 4 Bcf (Range: 343 - 550 Days) 10 wells 3 - 4 Bcf (Range: 226 - 804 Days) 15 wells 2 - 3 Bcf (Range: 109 - 909 Days) 16 out of the top 20 wells in…
Click COGtoMarcellus edit Master titlePlans 2011 style 5 Drilling rigs 1 to 2 Frac crew operating pumping 60-100 stages/month 67 Wells planned to be drilled (64 horizontal, 3 vertical) 1,991 to 6,176 feet in lateral length…
Click to edit Master title style Cabot Oil & Gas Corporation Marcellus Marketing Plan Decision making for the long-term WWW.CABOTOG.COM NYSE: COG
Click toInfrastructure Marcellus edit Master title style - 2011 Compression Pipes Mmcf per day Mmcf per day July 2011 550 430 October 2011 550 480 Laser free flow increment December 2011 550 550 Springville commissioning 13
Click toInfrastructure Marcellus edit Master title style - 2012 Compression Pipes Mmcf per day Mmcf per day July 2011 550 430 October 2011 550 480 Laser free flow increment December 2011 550 550 Springville commissioning Compression…
Click to editPipeline Master title style Options Tennessee Gas Pipeline Boston 200 Line Laser Oct 2011 Susquehanna County Millennium Pipeline Stagecoach Lenoxville Nov 2011 Jan 2012 TGP Tennessee Gas Pipeline Nov 2012 300…
Click to edit Master title style Cabot Oil & Gas Corporation South Region Decision making for the long-term WWW.CABOTOG.COM NYSE: COG
Cabots South Click to edit Region Master Activity title style Investment Perspective: Solely focused on Eagle Ford and Marmaton Joint Venture proceeds used to expand Eagle Ford and Marmaton drilling 17
Click to edit EagleMaster Ford title style Seismic Tsunami 3D Powderhorn 3D 47 sq miles (Proprietary) 25 sq miles EOG Operated Seismic Exchange Goldfinch / Salsa / Salsa South 3Ds 165 sq miles Seitel 18
Click to edit Master title style Buckhorn Area Eagle Ford Wells Drilled: 22 Current Drilling: 2 Wells Producing: 18 horizontal completions Completing/Waiting on Completion 4 30 day average rate: 550+ Boepd Average completed…
Click to edit Master title style AMI Activity Wells Drilled: 6 Wells Producing: 6 Current Drilling: 0 Average 30 day average rate: 500+ Boepd Average completed lateral length: 5,500 Ft EUR Range: 400-600+ Mboe TW Smith 1…
Click to edit Master title style Cabot Oil & Gas Corporation Marmaton
Click to edit Master title style Marmaton Bommer 1V 1969 IP: 192 Bopd UR: 117 Mbo Knight 1V Upper Marm 1969 Beaver IP: 132 Bopd UR: 20 Mbo Lower Marm Harper Texas Beaver COG St. OK 1-36H 100% WI OK TX Perryton…
Click to edit Master title style Marmaton Lateral Length: 4,050, 10-stage MD: 10,884 Peak 24 hour: 592 Bopd, 325 Mcf per day Cum 95 Producing days: 24 Mbo, 13.5 Mmcf 5 7 Additional non-operated wells 2011 3,800M total well…
Click toBuilding edit Master title style Momentum Expanded infrastructure, increased production in Marcellus Eagle Ford activity growth Haynesville/Bossier capital requirements solved More clarity in the regulatory…
Click to edit 2011 Master title style Highlights Production growth expectation increased twice NOW: 40 to 46 percent Double-digit reserve growth anticipated 3 Tcfe in Proved Reserves expected maintain PUD percentage Asset sales…