CAPP SCOTIABANK INVESTMENT SYMPOSIUM APRIL 7-9 2015 CORPORATE PRESENTATION
CORPORATE OVERVIEW Toronto Stock Exchange ticker symbol RMP (S&P/TSX Composite Index) Common Shares outstanding 122.2 million Stock Options outstanding 10.3 million 4.55 (avg. exercise price) Warrants outstanding 2.0 million 2.00…
COMPANY ATTRIBUTES Balance Sheet Strength Low leverage relative to peers Bank line of credit: 175 million - significant unutilized credit capacity Debt to trailing cash flow: 0.75x (fiscal 2014) Montney Oil focused with low cost…
2015 GUIDANCE 2014 2015 Guidance Total Capital Expenditures 179 million 95 - 100 million Production: Annual Avg. (boe/d) 11,782 13,500 Oil/NGL (%) 54 45 Cash Flow (Funds from Operations) 164 million 100 million Per basic share…
FIELD OPERATING NETBACK EXPANSION INCREASED INTERNAL CASH FLOW GENERATING CAPABILITY 50.00 46.42 45.36 45.00 41.75 40.00 35.12 35.00 31.47 30.40 30.00 per boe 25.00 23.66 Field Netbacks 20.00 Opex 15.00…
MONTNEY ECONOMICS Montney Economics - Half Cycle Ante Creek Wask/Grizzly 2014 Average Capital Costs Tier 1 Infill Regional Oil Based Water Based* 85 WTI Rate of return (%) 200 160 57 35 3/mcf Recycle ratio 8.3 5.2 3.5 2 Payout…
CORE OPERATING AREAS Montney light oil and gas exploration and development Ante Creek Waskahigan/Grizzly New area Kaybob Other Assets Pine Creek - Wilrich Ricinus - Ellerslie Duvernay Big Muddy Bakken/Birdbear Montney…
REGIONAL MONTNEY FAIRWAY Significant land position in the Montney fairway 165.75 gross (160.5 net) sections in fairway; 97% W.I. Significant low risk development inventory 11
ANTE CREEK MONTNEY LIGHT OIL Development 36 sections 97.2% W.I. 50 drilling locations Currently evaluating secondary recovery options Facility Expansion (Phase II) 5-26 Battery is operational Undergoing initial start-up…
ANTE CREEK WELL PERFORMANCE Producing Days 13
ANTE CREEK INFRASTRUCTURE Major facility expansion completed March 1, 2014 On-time and on-budget Dual, 35 km 8 gas and 8 oil pipelines connection to RMPs Waskahigan oil and gas facility New facility (Phase II 5-26 Battery) Will…
WASKAHIGAN INFRASTRUCTURE MONTNEY LIGHT OIL 100% RMP-owned Oil Battery Current capacity: 6,000 bbls/d oil 10 mmcf/d natural gas Facility ownership benefits: Low operating costs Quick tie-in of new wells 16
INVESTOR RELATIONS John Ferguson Dean Bernhard Corporate Email: President & CEO VP Finance & CFO irrmpenergyinc.com john.fergusonrmpenergyinc.com dean.bernhardrmpenergyinc.com 403-930-6303 403-930-6304 Corporate Website:…
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DIRECTORS Craig Stewart Executive Chairman of RMP Energy Inc. Doug Baker Independent Businessman John Brussa Partner, Burnet Duckworth & Palmer LLP John Ferguson President and CEO of RMP Energy Inc. Andrew Hogg President and CEO of…
MANAGEMENT TEAM Craig Stewart Executive Chairman John Ferguson President and CEO Dean Bernhard Vice President, Finance and CFO Brent DesBrisay Vice President, Geosciences Jon Grimwood Vice President, Exploration Greg Kubat…
FISCAL 2014 FINANCIAL RESULTS Year ended December 31, (thousands except share data) 2014 2013 % Change Funds from operations 164,092 78,553 109 Per share basic and diluted 1.36 0.72 89 Net Income (loss) 47,846 10,449 358 Net…
FISCAL 2014 OPERATING RESULTS Year ended December 31, (6:1 oil equivalent conversion) 2014 2013 % Change E&D Capital Spending ( thousands) 186,231 131,638 41 Average Daily Production: Crude Oil & NGLS(bbls/d) 6,559 3,653 80…