Skip to main content TD Securities Unconventional Energy Conference – Breitburn Energy Partners L.P. Investor Presentation | Shale Experts
Loading...
Pm

TD Securities Unconventional Energy Conference – Breitburn Energy Partners L.P.

Breitburn Energy Partners L.P. · Jul 7, 2011 · 16 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. TD Securities Unconventional Energy Conference – Breitburn Energy Partners L.P. – slide 1
    TD Securities Calgary Unconventional Energy Conference Randall H. Breitenbach Co-Founder & President Calgary, AB Canada July 2011
  2. TD Securities Unconventional Energy Conference – Breitburn Energy Partners L.P. – slide 2
    Overview of BreitBurn Energy Partners L.P. Publicly-traded upstream MLP with long-lived assets and extensive hedge portfolio Focused on acquisition, exploitation and development of oil and gas properties Leverage technical expertise…
  3. TD Securities Unconventional Energy Conference – Breitburn Energy Partners L.P. – slide 3
    Nationwide Footprint Significant Operations Diversified Among Six States PARTNERSHIP TOTALS 2010 Avg. Daily Prod. 18,354 Boepd Est. Proved Reserves 118.9 MMBoe % Oil 35% % Proved Developed 91% R/P 17+ years 2010 Avg. Daily Prod.…
  4. TD Securities Unconventional Energy Conference – Breitburn Energy Partners L.P. – slide 4
    Growth of Our Asset Base Since our IPO in October of 2006, BreitBurn has: Expanded its operations from 2 to 6 states Diversified its commodity base by acquiring natural gas assets in addition to oil properties Increased proved…
  5. TD Securities Unconventional Energy Conference – Breitburn Energy Partners L.P. – slide 5
    Focus on Core Strategies Maintaining and Growing Production 2010 production increased 3% over 2009; 2011 production guidance range is 6.5 6.9 MMBoe 2011 capital spending expected to be between 70 and 74 million, with approximately 70%…
  6. TD Securities Unconventional Energy Conference – Breitburn Energy Partners L.P. – slide 6
    Michigan Operations Acquired in November 2007 Michigan Area of Operations Michigan highlights Operating and/or have interests in 3,500+ producing wells Integrated midstream assets 150+ miles of high-pressure gas gathering…
  7. TD Securities Unconventional Energy Conference – Breitburn Energy Partners L.P. – slide 7
    Collingwood-Utica Shale Play The Collingwood-Utica is an unconventional shale gas play in Northern Michigan In spring of 2010, Encanas wholly owned sub, Petoskey, tested the Collingwood-Utica Shale in Missaukee County with initial…
  8. TD Securities Unconventional Energy Conference – Breitburn Energy Partners L.P. – slide 8
    Mitigating Commodity Price Volatility Our hedge portfolio has significantly mitigated crude oil and natural gas price fluctuations as evident by our quarterly Adjusted EBITDA 160 16 62.3 61.6 60.0 59.1 140 58.2 14 56.7 56.0 50.9…
  9. TD Securities Unconventional Energy Conference – Breitburn Energy Partners L.P. – slide 9
    2011 2015 Hedge Profile Assuming 2011 2015 production equals the midpoint of 2011 production guidance (6,700 Mboe) and oil production comprises 48% of total production, the Partnership is hedged as follows: Average Oil and Gas Hedge…
  10. TD Securities Unconventional Energy Conference – Breitburn Energy Partners L.P. – slide 10
    Investment Highlights High-quality asset base with predictable, long-lived production Experienced management, operating and technical teams Critical mass in large, mature producing basins with geographic, geologic and commodity…
  11. TD Securities Unconventional Energy Conference – Breitburn Energy Partners L.P. – slide 11
    Appendix BreitBurn Energy Partners L.P. 11
  12. TD Securities Unconventional Energy Conference – Breitburn Energy Partners L.P. – slide 12
    2011 Guidance ( in 000s) 2011 Guidance Total Production (Mboe) 6,500 - 6,900 Production Mix: Oil Production % 48% Gas Production % 52% Average Price Differential %: Oil Price Differential % 89% - 91% Gas Price Differential % 100%…
  13. TD Securities Unconventional Energy Conference – Breitburn Energy Partners L.P. – slide 13
    2011 Guidance Footnotes 1. Operating Costs include lease operating costs, processing fees and transportation expense. Expected transportation expense totals approximately 6.7 million in 2011, largely attributable to our Florida…
  14. TD Securities Unconventional Energy Conference – Breitburn Energy Partners L.P. – slide 14
    Hedges Added Since January 1, 2011 A summary of the hedges added since January 1, 2011 is below: Contract Periods Daily Volumes Contract Prices Trade Month Crude Oil Bbls / day Per Bbl October 2014 December 2014 1000 98.00 February…
  15. TD Securities Unconventional Energy Conference – Breitburn Energy Partners L.P. – slide 15
    Non-GAAP Financial Measures Non-GAAP Financial Measures This presentation, and other supplemental information, including the reconciliations of certain non-generally accepted accounting principles (non-GAAP) measures to their nearest…
  16. TD Securities Unconventional Energy Conference – Breitburn Energy Partners L.P. – slide 16
    TD Securities Calgary Unconventional Energy Conference Randall H. Breitenbach Co-Founder & President Calgary, AB Canada July 2011

From the store

Browse maps, data & reports in the Shale Experts store