Skip to main content EnerComs Oil Gas Conference – Callon Petroleum Co. Investor Presentation | Shale Experts
Loading...
Pm

EnerComs Oil Gas Conference – Callon Petroleum Co.

Callon Petroleum Co. · Aug 14, 2011 · 25 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. EnerComs Oil Gas Conference – Callon Petroleum Co. – slide 1
    The Oil & Gas Conference August 15, 2011 NYSE: CPE Callon Petroleum Corporate Presentation
  2. EnerComs Oil Gas Conference – Callon Petroleum Co. – slide 2
    Company Overview Net proved reserves at 12/31/10 13.6 MMboe Headquarters, 60% crude oil Field Operations Office, Natchez, MS Midland, TX Technical Office, Houston, TX Proved Reserves by area 33% Permian Basin 17% Haynesville…
  3. EnerComs Oil Gas Conference – Callon Petroleum Co. – slide 3
    OPERATIONS OVERVIEW NYSE: CPE Callon Petroleum Corporate Presentation
  4. EnerComs Oil Gas Conference – Callon Petroleum Co. – slide 4
    Areas of Focus Operated Haynesville Shale* Non-operated High impact gas growth Permian Basin + 270 Boe/d net production Lowrisk oil growth + 2.3 MMboe of proved reserves + 1,200 Boe/d net production + 4 net additional locations +…
  5. EnerComs Oil Gas Conference – Callon Petroleum Co. – slide 5
    Resources Drive Growth Available Resources 20 ac Wolfberry 9 MMboe Possible Haynesville 2 MMboe 40 ac Wolfberry 6 MMboe Probable Haynesville 2 MMboe GOM 2 MMboe 150% 200% Reserve Rep. Double Digit Production Growth GOM 7…
  6. EnerComs Oil Gas Conference – Callon Petroleum Co. – slide 6
    Executing Onshore Expansion Plans Onshore reserves now represent 50% of total proved at YE:2010 Plan to continue reinvestment of cash flow from Gulf of Mexico properties to expand development and onshore acreage positions Onshore…
  7. EnerComs Oil Gas Conference – Callon Petroleum Co. – slide 7
    GOM Funds Onshore Development Medusa MC 538/582 2011 15% W.I., Murphy operates 2,300 Boe/d current net production Gulf of Mexico Cash Flow Most wells in primary completion with significant reserves behind pipe Free Cash Flow…
  8. EnerComs Oil Gas Conference – Callon Petroleum Co. – slide 8
    Medusa Operator Murphy Oil Company Callon WIO = 15.0%, NRI = 14.7% Water depth 2,200 Current production 2,300 Net Boe/d Producing wells 6 Dry Trees on the SPAR and 2 subsea completions; 9 producing horizons with most wells…
  9. EnerComs Oil Gas Conference – Callon Petroleum Co. – slide 9
    Habanero Operator Shell Oil Company Callon WIO = 11.25%, NRI = 9.65% New WAZ PSDM Water depth 1,375 Producing wells 2 subsea completions 1 Current production 2 500 Net Boe/d Significant proven updip reserves to be…
  10. EnerComs Oil Gas Conference – Callon Petroleum Co. – slide 10
    Haynesville Shale Gross Acres: 624 Callon Operated (69% W.I. / 52% NRI) Callon YE 2010 Net Proved: 2.3 MMboe Gross Production: 3.1 MMcfe/d Total Gross Locations: 6 Gross EURs(1): 7 Bcfe Drilled first well (Mills No.1) in…
  11. EnerComs Oil Gas Conference – Callon Petroleum Co. – slide 11
    Initial Permian Acquisition NM TX Wolfberry Properties Net Acres: 7,124 Callon Operates Pecan Acres (95% W.I. / 71% NRI) Carpe Diem YE 2010 Proved: 4.5 MMboe Net Production: 1,200 Boe/d Kayleigh Total Net Locations: 302 E.…
  12. EnerComs Oil Gas Conference – Callon Petroleum Co. – slide 12
    Permian Geologic Section Access to Oil Rich Resource Carpe Diem Kayleigh Bloxom 0 0 Clearfork 900 900 Spraberry 2100 Dean 2300 Wolfcamp 3200 Strawn Carpe Diem Kendra 4 Atoka Kayleigh Kayleigh 14 East Bloxom 4200…
  13. EnerComs Oil Gas Conference – Callon Petroleum Co. – slide 13
    Carpe Diem Development Callon operated (84.4% W.I. / 63.3% NRI) Development Potential 40 net development locations on 40acre spacing 54 net development locations on 20acre spacing Drilled 5 gross wells in 2011 to date AVG…
  14. EnerComs Oil Gas Conference – Callon Petroleum Co. – slide 14
    Kayleigh Development Callon operated (100% W.I. / 73.3% NRI) Development potential 5 net development locations on 40acre spacing 16 net development locations on 20acre spacing Drilled 4 gross wells in 2011 to date AVG IP…
  15. EnerComs Oil Gas Conference – Callon Petroleum Co. – slide 15
    East Bloxom Development Callon operated (100% W.I. / 75% NRI) Development potential 69 net development locations on 40acre spacing 96 net development locations on 20acre spacing Drilled 9 gross wells in 2011 to date AVG IP…
  16. EnerComs Oil Gas Conference – Callon Petroleum Co. – slide 16
    Pecan Acres Development Callon operated (40% W.I. / 30% NRI) Development potential 11 net development locations on 40acre spacing 11 net development locations on 20acre spacing Existing Producer 2010 Producer Flowing back…
  17. EnerComs Oil Gas Conference – Callon Petroleum Co. – slide 17
    Halliburton Agreement Pumping service agreement signed January 2011 Current Plan 4 wells per month for May August with plans to go to 5 wells per month in September Successfully performed 19 fracture stimulations yeartodate…
  18. EnerComs Oil Gas Conference – Callon Petroleum Co. – slide 18
    Multiyear Inventory 3 rig continuous program in the Permian in 2011 Targeting 36 gross wells in 2011 (3year inventory of 40acre wells at current pace of development) Existing Permian acreage provides multiyear inventory of lowrisk…
  19. EnerComs Oil Gas Conference – Callon Petroleum Co. – slide 19
    Focus, Execute & Deliver Results Experienced Team In Place MultiYear, LowRisk Drilling Inventory Line of Sight Double Digit Growth 150200% Reserve Replacement 2011 Focus Organic Growth in the Permian Basin LowRisk Recompletions…
  20. EnerComs Oil Gas Conference – Callon Petroleum Co. – slide 20
    FINANCIAL OVERVIEW NYSE: CPE Callon Petroleum Corporate Presentation
  21. EnerComs Oil Gas Conference – Callon Petroleum Co. – slide 21
    2011 Capital Expenditures 2011 capital expenditure budget focused on Permian development drilling 2011 CAPEX BY LOCATION (more than double 2010 pace) Plan on running 3 rigs and drilling 36 gross wells vs. 20 gross wells drilled in…
  22. EnerComs Oil Gas Conference – Callon Petroleum Co. – slide 22
    2011 Highlights February 2011 completed 73.7 million successful common stock offering 10,100,000 shares issued 39,105,000 shares outstanding Use of proceeds Fund an increased onshore drilling program in the Permian Wolfberry…
  23. EnerComs Oil Gas Conference – Callon Petroleum Co. – slide 23
    Book Capitalization 24 NYSE: CPE Callon Petroleum Corporate Presentation
  24. EnerComs Oil Gas Conference – Callon Petroleum Co. – slide 24
    Why Callon Now Onshore transition well underway Increased proved reserves 41% in 2010 to 13.6 MMboe 50% of proved reserves onshore as of 12/31/10 54% of current production and 60% of 12/31/10 proved reserves are oil and liquids…
  25. EnerComs Oil Gas Conference – Callon Petroleum Co. – slide 25
    Callon Petroleum Company TRADING DATA / KEY STATISTICS Founded 1950 Public since 1994 (NYSE 1998) NYSE: CPE Average Daily Vol.: 520,000 52week Range: 3.54 9.36 Share Price: 6.00 OFFICES Market Capitalization: 235 Million Natchez,…

From the store

Browse maps, data & reports in the Shale Experts store