Jefferies Global Energy Conference Lee Boothby Chairman, President & CEO November 13, 2013
NFX MidContinent EXECUTION INVENTORY Proven operating team 225,000 net acres Track record of value creation Multiple pay horizons More than a decade of Decadeplus of drilling experience in Oklahoma inventory FAVORABLE GROWTH…
What is STACK It is a new oil resource play STACK combines the Meramec and Woodford Shales Meramec is 275 475 thick We are developing 700 of oil saturated column 225,000 net acres in the Anadarko Basin It combines multiple,…
225,000 total net acres: Woodford Plays 170,000 net acres prospective for the Woodford STACK 150,000 net acres 150,000 net acres prospective for the Meramec Meramec Play SCOOP 75,000 net acres Recent Acreage…
Anadarko Basin Resource STACK North STACK SCOOP South Proved concept CHESTER SHALE Tested SXL wells in Upper (Regional Topseal) 700 of Oil Saturated Interval Woodford & Upper Meramec MERAMEC 2014 STACK Plan Assess SYCAMORE…
Anadarko Basin Growth Forecast* NET AVG. QUARTERLY PRODUCTION (BOEPD) 3Q13 4Q13e 1Q14e Oil 5,500 6,600 7,600 Gas 10,200 11,700 14,500 NGLs 6,500 7,500 9,400 Total 22,200 25,800 31,500 50 40 MBOEPD (net) 30 20 10…
YTD STACK Wells vs. Type Curve 800 STACK (7 wells) 700 Type Curve (9,000') 600 Actuals 500 BOEPD 400 300 200 100 0 0 200 400 600 Days Online 8
SCOOP Oil Highlights: 45,000 net acres in Woodford oil Move to pad drilling in 2014 Sublette 1H-22 1081 BOEPD (52% Oil) Recent wells outperforming type curve Tina 1H-26X 1855 BOEPD (47% Oil) Operated Results YTD: Campbell…
SCOOP Wet Gas Highlights: 30,000 net acres in Woodford Wet Gas Active pad development Improved results by reducing perforation Gregory 1H-28 1688 BOEPD (35% Oil) cluster spacing…
YTD SCOOP Wells vs. Type Curves 2000 2000 SCOOP Wet Gas (10 wells) SCOOP Oil (7 Wells) 1600 1600 1200 1200 BOEPD BOEPD 800 800 400 400 0 0 0 200 400 600 0 200 400 600 Days Online Days Online Wet Gas Type Curve…
Focus Area Highlights UINTA BASIN CANA WOODFORD Patterson Wasatch XL sets HZT record IP Expanded footprint in the Anadarko Basin; announced the STACK resource play Drilled Uinta Basins 1st SXL Uteland Butte wells Reduced…
What Matters at Newfield Focus We are focused on four quality domestic resource plays Returns We are highgrading our investment opportunities to improve future returns and profitability Control of Operations/Cost Control We are…