Skip to main content UBS Natural Gas Electric Power and MLP Conference – Eagle Rock Energy Partners Lp Investor Presentation | Shale Experts
Loading...
Pm

UBS Natural Gas Electric Power and MLP Conference – Eagle Rock Energy Partners Lp

Eagle Rock Energy Partners Lp · Mar 10, 2012 · 27 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. UBS Natural Gas Electric Power and MLP Conference – Eagle Rock Energy Partners Lp – slide 1
  2. UBS Natural Gas Electric Power and MLP Conference – Eagle Rock Energy Partners Lp – slide 2
    Management Representatives Jeffrey P. Wood Senior Vice President & Chief Financial Officer Adam K. Altsuler Director, Corporate Finance & Investor Relations 3
  3. UBS Natural Gas Electric Power and MLP Conference – Eagle Rock Energy Partners Lp – slide 3
    Eagle Rock Energy Partners, L.P. Snapshot Eagle Rock (NASDAQ: EROC) is a growth-oriented MLP engaged in the midstream and upstream businesses and is well-positioned to benefit from some of the most prolific producing basins in the…
  4. UBS Natural Gas Electric Power and MLP Conference – Eagle Rock Energy Partners Lp – slide 4
    Strategically Located, Diversified Asset Base Midstream Business (1) Upstream Business (2) 5,583 miles of pipeline 591 operated producing wells 17 processing plants 371 Bcfe proved reserves 445 MMcf/d gathering volumes 87.7…
  5. UBS Natural Gas Electric Power and MLP Conference – Eagle Rock Energy Partners Lp – slide 5
    Delivering on Our Strategic Objectives Objective Status Create Platform to Grow Recently announced Midstream projects Organically capitalize on existing infrastructure Upstream properties contain approximately 600 gross identified…
  6. UBS Natural Gas Electric Power and MLP Conference – Eagle Rock Energy Partners Lp – slide 6
    Positioning for Further Growth Eagle Rock Has Substantially Improved Its Liquidity and Balance Sheet Stability (1) December 31, 2009 December 31, 2010 December 31, 2011 Enterprise Value: 1.2 billion Enterprise Value: 1.3 billion…
  7. UBS Natural Gas Electric Power and MLP Conference – Eagle Rock Energy Partners Lp – slide 7
    Robust Hedging Profile Crude, Condensate and NGLs (C2) Ethane and Natural Gas 100% 100% 80% 80% 60% 60% 40% 83% 82% 79% 40% 80% 66% 61% 20% 20% 40% 26% 0% 0% 0% 0% 0% 0% 2012 2013 2014 2015 2012 2013 2014…
  8. UBS Natural Gas Electric Power and MLP Conference – Eagle Rock Energy Partners Lp – slide 8
    Delivering Value to Our Unitholders Improved Growth Profile and Capitalization Lead to Greater Unitholder Value Current Annualized Distribution Guidance ** 19% Annualized Distribution per Unit (1) Management anticipates…
  9. UBS Natural Gas Electric Power and MLP Conference – Eagle Rock Energy Partners Lp – slide 9
    Eagle Rock Energy Partners, L.P. Midstream Business Overview UBS Natural Gas, Electric Power and MLP Conference March 2012
  10. UBS Natural Gas Electric Power and MLP Conference – Eagle Rock Energy Partners Lp – slide 10
    Geographically Diverse Midstream Business Granite Wash Panhandle 3,963 miles of pipeline 7 processing plants 141,000 compression HP 158 MMcf/d gathering volume 5,537 Bbls/d NGL/condensate Haynesville Shale Deep Bossier /…
  11. UBS Natural Gas Electric Power and MLP Conference – Eagle Rock Energy Partners Lp – slide 11
    Panhandle System Planned installation of 60 MMcf/d cryogenic processing facility (the Woodall Plant) operational by Q2 2012 Planned installation of 60 MMcf/d cryogenic processing facility (the Wheeler Plant) operational in…
  12. UBS Natural Gas Electric Power and MLP Conference – Eagle Rock Energy Partners Lp – slide 12
    Leading Midstream Company in the Granite Wash Superior Economics Driving Production Growth Stacked Pay Zones Improve Economics Granite Wash Daily Production (1) Other(s) Unit Corporation Penn Virginia Cimarex Energy Linn Energy…
  13. UBS Natural Gas Electric Power and MLP Conference – Eagle Rock Energy Partners Lp – slide 13
    The Granite Wash Fairway Eagle Rock is Well-Positioned to Serve Growing Production Volumes Tight sands formation with up to 3,000 feet of pay through multiple zones 48 directional / horizontal rigs running in Roberts, Hemphill and…
  14. UBS Natural Gas Electric Power and MLP Conference – Eagle Rock Energy Partners Lp – slide 14
    Building on Our Core; Delivering for Our Customers Hemphill County Recent Activity 1 1 Oct. 10 Acquired Gathering Systems from CEFS Canadian 2 Dec. 10 Installed Phoenix-Arrington Red Ranch Plant (50 MMcf/d) Deer 3 Oct. 11…
  15. UBS Natural Gas Electric Power and MLP Conference – Eagle Rock Energy Partners Lp – slide 15
    Strategic Footprint in East Texas System Activity Austin Chalk: Large independents staking 14 potential dedicated sites Drilling moving east into Louisiana with Austin Chalk and Indigo Minerals Bentley prospective Lumber 34H 1…
  16. UBS Natural Gas Electric Power and MLP Conference – Eagle Rock Energy Partners Lp – slide 16
    Eagle Rock Energy Partners, L.P. Upstream Business Overview UBS Natural Gas, Electric Power and MLP Conference March 2012
  17. UBS Natural Gas Electric Power and MLP Conference – Eagle Rock Energy Partners Lp – slide 17
    Geographically Diverse Upstream Assets Mid-Continent Assets (1) Proved Reserves: 257 Bcfe Q4 2011 Prod. Rate: 53.2 MMcfe/d % Gas (2): 69% Alabama Area Proved Reserves: 58 Bcfe Permian Area Q4 2011 Prod. Rate: 18.4 MMcfe/d…
  18. UBS Natural Gas Electric Power and MLP Conference – Eagle Rock Energy Partners Lp – slide 18
    Diversified Reserve Base Across High Quality Basins Fourth quarter 2011 average Production production rate of 87.7 Cana MMcfe/d 9% Production growth anticipated Alabama Barnett from liquids-rich Golden Trend 21% 8% and Cana…
  19. UBS Natural Gas Electric Power and MLP Conference – Eagle Rock Energy Partners Lp – slide 19
    Woodford Shale -- Potential Room to Run Arkoma Basin Verden Field Cana Shale Golden Trend Field Ardmore Basin 20 Eagle Rock acreage
  20. UBS Natural Gas Electric Power and MLP Conference – Eagle Rock Energy Partners Lp – slide 20
    Golden Trend Play Liquids-rich field producing from multiple pay formations from 8,000 Hart Sandstone to 14,000 including Bromide, Big 4, Springer, Morrow, Hart, Deese Scott 1-17 Mattie Wallace 4-18 Springer Sandstone IP 1,100 Mcfd,…
  21. UBS Natural Gas Electric Power and MLP Conference – Eagle Rock Energy Partners Lp – slide 21
    Cana Shale Play Drilling Activity 60 rigs currently drilling horizontal wells in the western Oklahoma Woodford Cana shale trend Majority of drilling activity Stidham 1-9H conducted by large independent Drilling producers such as…
  22. UBS Natural Gas Electric Power and MLP Conference – Eagle Rock Energy Partners Lp – slide 22
    Upstream Growth Production Growth Driven Organically by Lower-Risk Drilling Inventory Eagle Rock Identified Locations (1) Cana Shale 409 Golden Trend 30 Anadarko 42 Arkoma 39 Barnett Shale 13 Verden 45 Other 26 Average…
  23. UBS Natural Gas Electric Power and MLP Conference – Eagle Rock Energy Partners Lp – slide 23
    Focus on Low Cost Operations Upstream Historical and Projected Operating Costs (1) Unit OPEX (/Mcfe) Total OPEX (MM) (2) Operating expense of the legacy assets is driven by sulfur treating costs - 2010 OPEX averaged…
  24. UBS Natural Gas Electric Power and MLP Conference – Eagle Rock Energy Partners Lp – slide 24
    Eagle Rock is Well-Positioned for Continued Growth Strong credit profile and capital availability Absence of incentive distribution rights enhances long-term accretion potential Core midstream operations in liquids-rich areas with…
  25. UBS Natural Gas Electric Power and MLP Conference – Eagle Rock Energy Partners Lp – slide 25
    Eagle Rock Energy Partners, L.P. Appendix UBS Natural Gas, Electric Power and MLP Conference March 2012
  26. UBS Natural Gas Electric Power and MLP Conference – Eagle Rock Energy Partners Lp – slide 26
    Use of Non-GAAP Financial Measures (Continued) Eagle Rocks Adjusted EBITDA definition may not be comparable to Adjusted EBITDA or similarly titled measures of other entities, as other entities may not calculate Adjusted EBITDA in the same…
  27. UBS Natural Gas Electric Power and MLP Conference – Eagle Rock Energy Partners Lp – slide 27
    Adjusted EBITDA Reconciliation Adjusted EBITDA Reconciliation Three Months Ended Tw elve Months Ended Decem ber 31, Decem ber 31, 2011 2010 2011 2010 ( in thousands) ( in thousands) Net cash flows provided by operating activities…

From the store

Browse maps, data & reports in the Shale Experts store