MARCH 2015 FIRSTENERGY EAST COAST ENERGY CONFERENCE CORPORATE PRESENTATION
CORPORATE OVERVIEW Toronto Stock Exchange ticker symbol RMP (S&P/TSX Composite Index) 52 Week Trading Range 3.57 - 10.07 (1.14 million avg. daily volume) Current Market Capitalization 4.40/share 538 million Common Shares outstanding…
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: 0.7x Montney Oil focused 102,699 acres of Montney…
2014 GUIDANCE (updated August 2014) Fiscal 2014 E&D Capital Spending 170 million Production: 67% over Annual Avg. (boe/d) 11,500 FY2013 Oil/NGL (%) 55 Cash Flow (Funds from Operations) 165 million 89% over Per basic share 1.36…
STRONG ORGANIC PRODUCTION GROWTH SIGNIFICANTLY INCREASED LIGHT OIL WEIGHTING 16,000 Fiscal 2015 Sensitivity 15,500* Assumptions and Estimates: Service Cost 14,000 WTI - Oil AECO Gas Capex Reductions Production (US/Bbl) (C/GJ)…
FIELD OPERATING NETBACK EXPANSION INCREASED INTERNAL CASH FLOW GENERATING CAPABILITY 50.00 Field Netbacks Opex 46.42 45.36 45.00 41.75 40.00 35.12 35.00 30.40 30.00 per boe 25.00 23.66 20.00 15.00 9.56…
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. 22 wells drilled to date; 14 currently on production Facility Expansion (Phase II) Provides processing for development drilling to the southwest Expected…
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) construction…
WASKAHIGAN / GRIZZLY MONTNEY LIGHT OIL 71.25 sections (100% W.I.) 1 well drilled in Q1 2015 5 addition wells in budget Slick-water hybrid fracture stimulations results are very encouraging. Pool details Avg. OOIP/Section: 8…
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…
MANAGEMENT TRACK RECORD Senior management team has worked together for over 20 years Successfully grown and managed companies from 1,000 boe/d to 120,000 boe/d Team has invested over 5.0 billion in WCSB since 1992 Team is a…
NINE MONTHS ENDING SEPT 30, 2014 FINANCIAL RESULTS Nine Months ended Sept. 30 (thousands except share data) 2014 2013 % Change Funds from operations 131,940 59,145 123 Per share basic 1.09 0.55 98 Net Income 46,435 7,997 481…
NINE MONTHS ENDING SEPT. 30, 2014 OPERATING RESULTS Nine months ended Sept. 30 (6:1 oil equivalent conversion) 2014 2013 % Change Capital Spending ( thousands) 117,813 94,320 25 Average Daily Production: Crude Oil (bbls/d) 6447…
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