take a closer look USA Division Jeff Wojahn Executive Vice-President & President, USA Division
USA Division Key Strategies Advance oil and liquids-rich Collingwood/ plays to commercial viability Utica Jonah Transfer knowledge and technology from natural gas Piceance development to liquids DJ Niobrara Niobrara/ plays…
USA Division Emerging Liquids Portfolio 2012 Program Develop a low cost portfolio of high impact liquids plays Continue appraisal drilling program to assess prospectivity within existing liquids plays Capture additional acreage in…
USA Division Liquids Production Profile 2012 and 2013 Liquids Strategy Complete appraisal and initiate Liquids Production (Mbbls/d) 20 commercial development of 18 liquids portfolio 16 Renegotiate midstream contracts 14 to…
Tuscaloosa Marine Shale Asset Overview Play Core Resource 7.5 MMbbls/Section PIIP 355,000 net acres Joe Jackson PIIP*: 9.4 billion BOE 4H-2 Primarily light oil; sold into Louisiana Horseshoe Hill 10H-1 Anderson 18H-1 Light…
Tuscaloosa Marine Shale Well Performance & Key Learnings Subsurface Learnings Oil Rate (Bbls/d) Longer laterals & enhanced 10,000 10,000 completions delivering improved Anderson 18H-1 Anderson 17H-1 performance EUR: Pending EUR:…
Eaglebine J. Gresham 1H Asset Overview Gresham 1H Resource Williams 3H 115,000 net acres PIIP: 8.6 billion BOE Primarily light oil 75% RI 700 BOE/d IP(0) 700 net well locations Strategy Continue appraisal drilling of…
Eaglebine Well Performance & Key Learnings Gresham Trust 1H Clyde Williams 1H Clyde Williams 2H Clyde Williams 3H John Gresham 1H John Gresham 2H Subsurface Learnings 1,000 Lower Laminated zone capable of 700 BOE/d Oil…
Mississippian Lime Asset Overview Resource 360,000 net acres PIIP: 16 billion BOE Primarily light oil with associated NGLs Encana 82.5% RI Play Outline 1,900 net well locations Strategy Establish commerciality on acreage…
Utica/Collingwood Shale Asset Overview Resource Lake Huron 430,000 net acres PIIP: 24 Tcfe Lake Kendall & Koehler 1- 1-33 90 bbls/MMcf of NGLs Michigan 83% RI Wilmot 1- 1-21 1,700 net well locations Strategy Demonstrate…
Utica/Collingwood Shale Well Performance Subsurface Learnings MMcf/d 10.0 Reservoir responds well to soak time before production start up RPH Target Well Parameters Well cost: 7.3 million EUR per well: 5.3 Bcfe 1.0 Lateral…
San Juan Basin Asset Overview Resource Meadows I08 174,000 net acres in oil window PIIP: 7.5 billion BOE Primarily light oil with associated NGLs 80% RI 905 net locations Bisti H09 Strategy Escrito P16 Appraise oil window of…
DJ Basin- Horizontal Niobrara Asset Overview bbls/d 1,000 Resource Denver 49,000 net acres PIIP: 735 million BOE 105 bbls/MMcf of NGLs Primarily light oil with associated gas/NGLs 80% RI 100 150 net well locations Strategy…
USA Division Summary Execution with Excellence Proven track record Transferring knowledge and technology from natural gas development to emerging liquids plays Successful implementation of resource play hub development…