Skip to main content DECEMBER 2014 CORPORATE PRESENTATION – Veresen Inc. | Shale Experts
Loading...
Pm

DECEMBER 2014 CORPORATE PRESENTATION – Veresen Inc.

Veresen Inc. · Dec 22, 2014 · 11 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. DECEMBER 2014 CORPORATE PRESENTATION – Veresen Inc. – slide 1
    Veresen / KKR Midstream Partnership and Montney Expansion Transactions December 22, 2014
  2. DECEMBER 2014 CORPORATE PRESENTATION – Veresen Inc. – slide 2
    Investment Highlights 30-year, fee-for-service agreements with Encana and Cutbank Ridge Partnership (CRP) Multi-year, large-scale contracted growth profile Requires no up-front funding from Veresen Earnings and cash flow…
  3. DECEMBER 2014 CORPORATE PRESENTATION – Veresen Inc. – slide 3
    30-Year Fee-For-Service Arrangement within an Area of Mutual Interest (AMI) AMI spans 240,000 acres of top tier Montney acreage Pro-Forma Veresen Midstream Field Compression 125 (000 HP) 100 40 2015 Stand-Alone 2015 Pro-Forma…
  4. DECEMBER 2014 CORPORATE PRESENTATION – Veresen Inc. – slide 4
    Montney: A Top-Tier Resource Play Most prolific and actively developed gas play in Canada; one of the most competitive gas supply basins in North America Current production of 3.5 Bcf/d, up from 1.2 Bcf/d in 2007, and gaining momentum…
  5. DECEMBER 2014 CORPORATE PRESENTATION – Veresen Inc. – slide 5
    Large, Multi-Year Contracted Growth Profile Status Assets In-Service Operating Gas Gathering Pipelines (500 km) Initial Acquisition Operating Compression-Dawson (675 MMcf/d) Under Construction Compression-Saturn Station (200…
  6. DECEMBER 2014 CORPORATE PRESENTATION – Veresen Inc. – slide 6
    Cash Flow Accretive to Veresen as Projects Come On-Stream Cash flow neutral in 2015 and accretive as new development projects come on-stream Additional cash flow potential through attracting third-party volumes Cash Flow Neutral…
  7. DECEMBER 2014 CORPORATE PRESENTATION – Veresen Inc. – slide 7
    Veresen Midstream Structure 500 million for 50% 500 million for 50% equity interest equity interest Banks & Term Loan Hythe & Steeprock Dawson Assets Future Assets Assets 600 million of assets day 1 Future assets to be…
  8. DECEMBER 2014 CORPORATE PRESENTATION – Veresen Inc. – slide 8
    50 / 50 Ownership: Veresen & KKR Structure provides Veresen with a disproportionate share of cash flow during the construction period, prior to the Sunrise and Tower gas plants being placed in-service Equal governance 35% ownership…
  9. DECEMBER 2014 CORPORATE PRESENTATION – Veresen Inc. – slide 9
    Partnership Financing Underpinned by Non-Recourse Debt Underwritten committed financing from a syndicate of banks Partnership debt facilities are non-recourse to Veresen Growth program to be funded by non-recourse debt and future…
  10. DECEMBER 2014 CORPORATE PRESENTATION – Veresen Inc. – slide 10
    Executing our Growth Strategy The creation of Veresen Midstream and the Montney expansion highlight Veresens strategic direction Focus on providing services to producers in natural gas transportation and processing Low risk,…
  11. DECEMBER 2014 CORPORATE PRESENTATION – Veresen Inc. – slide 11
    www.vereseninc.com

From the store

Browse maps, data & reports in the Shale Experts store