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Q1 2015 INVESTOR PRESENTATION – Swift Energy Co.

Swift Energy Co. · May 7, 2015 · 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. Q1 2015 INVESTOR PRESENTATION – Swift Energy Co. – slide 1
    First Quarter 2015 May 7, 2015
  2. Q1 2015 INVESTOR PRESENTATION – Swift Energy Co. – slide 2
    Summary First quarter production of 3.06 MMBoe above guided range of 2.92 2.97 MMBoe Eagle Ford net production grew 19% YoY in 1Q15 New technical limits achieved at Fasken Successful borrowing base redetermination Modified to…
  3. Q1 2015 INVESTOR PRESENTATION – Swift Energy Co. – slide 3
    First Quarter Earnings Highlights (In thousands except per share amounts) 1Q15 1Q14 Revenues: Oil & Gas Sales 67,358 149,057 Other 979 (4,877) Total Revenue 68,337 144,180 Adjusted Net Income (36,544) (1) 5,442 Adjusted Basic EPS (0.83)…
  4. Q1 2015 INVESTOR PRESENTATION – Swift Energy Co. – slide 4
    First Quarter 2015 Pricing and Production Highlights(1) 1Q15 1Q14 Natural Gas Production (Bcf) 11.71 9.21 Crude Oil Production (MMBbl) .685 .931 NGL Production (MMBbl) .426 .478 Total Production (MMBoe) 3.06 2.94 Total Average…
  5. Q1 2015 INVESTOR PRESENTATION – Swift Energy Co. – slide 5
    Balance Sheet(1) (In thousands) 3/31/15 12/31/14 Current Assets 60,936 64,669 Net PP&E 1,556,380 2,095,037 Other Assets 13,039 13,641 Total Assets 1,630,355 2,173,347 Current Liabilities 110,286 148,919 Long Term Debt 1,124,201…
  6. Q1 2015 INVESTOR PRESENTATION – Swift Energy Co. – slide 6
    Capitalization in Millions in Millions Dec. 31, 2014 Mar. 31, 2015 Actual Actual Cash -- 0% -- 0% Bank Borrowings 197 10% 247 17% 71/8% Sr Notes due 2017 250 13% 250 17% 87/8% Sr Notes due 2020 223 12% 223 15% 77/8% Sr Notes due…
  7. Q1 2015 INVESTOR PRESENTATION – Swift Energy Co. – slide 7
    Debt Maturity Schedule 450 Senior Notes Maturity Schedule 400 400 7.875% 350 March 1st 300 250 250 225 7.125% 200 June 1st 8.875% Jan 15th 150 100 50 0 2015 2016 2017 2018 2019 2020 2021 2022 375 Million Bank Borrowing…
  8. Q1 2015 INVESTOR PRESENTATION – Swift Energy Co. – slide 8
    Guidance(1) 2Q15 FY 2015 Production: Natural Gas (Bcf) 10.80 - 10.90 46.20 - 47.00 Crude Oil (MMBbl) 0.60 - 0.62 2.22 2.26 Natural Gas Liquids (MMBbl) 0.35 - 0.37 1.46 1.50 Total Production Volumes (MMBoe) 2.75 2.80 11.4 11.6 Oil &…
  9. Q1 2015 INVESTOR PRESENTATION – Swift Energy Co. – slide 9
    Summary 17 consecutive wells at Fasken tracking at or above 12 Bcf EUR Drilling longer laterals while realizing fewer drilling days and lower per foot drilling and completion costs Cost reduction initiatives on track, and in some…
  10. Q1 2015 INVESTOR PRESENTATION – Swift Energy Co. – slide 10
    Closing Remarks Rock Quality 70,000 net acres in core gas, condensate, and oil windows of the Eagle Ford Operatorship Fasken/Bracken among most prolific wells in trend Inventory Over 230 economic locations in current EF portfolio…
  11. Q1 2015 INVESTOR PRESENTATION – Swift Energy Co. – slide 11

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