CIBC World Markets Institutional Investor Conference January 22, 2014
Corporate Profile Corporate Summary Production (YTD Q3 2013) 94,471 boe/d Reserves (2P Gross YE 2012) (1) 607 mmboe Reserve Life Index (2P) (1) 17.5 years (2) Annualized Dividend / Dividend Yield 1.20 per share / 4.1% (3)…
Operations Overview Western Canadian Producer
Risk Managed Value Creation Strategic Optionality
Sustainable Dividend Key component of strategy Supported by active hedging and balance sheet strength Historic Dividends and Funds from Operations Committed to the Dividend While Delivering Profitable Growth
Significant Reserve and Resource Base 607 mmboe of 2P reserves and RLI of 17.5 years (1) See Reserves and Resources Disclosure and Definitions of Oil and Gas Reserves and Resources in the Appendix to this presentation. 18% Annual…
Montney Growth Assets Significant Montney Land Base 888 Net Sections
Dawson A Cash Flow Machine Grown production from approximately 50 Mmcfe/d in 2009 to 165 Mmcfe/d by mid 2012 Significant capital investment in 2009-2010, Dawson can now generate approximately 100 million of free cash flow annually at…
2014 Capital Budget 915 Million Significant spending on oil and liquids-rich gas and low cost, high rate of return Montney gas development 2014 Capital Budget Volumes Year Capital Average Gross Net MM (boe/d) Wells Wells…
Looking Beyond 2015 ARC has a well balanced inventory of value creating opportunities which may be pursued beyond 2015 Option to grow at a rate estimated to be similar to growth for the period 2010 2014 Project Options 2016 - 2020+…