Corporate Profile Corporate Summary Production (Q4 2013) 100,880 boe/d Reserves (2P Gross YE 2013) (1) 634 mmboe Reserve Life Index (2P) (1) 15.5 years (2) Annualized Dividend / Dividend Yield 1.20 per share / 4% (3) Annualized…
Unique Strategy Targeting net debt to 200% Reserve funds from operations Replacement through between 1.0 1.5x the drill bit for the past Active Hedging 6 consecutive years Program Capital Discipline and Pace of Development…
Delivering Income and Growth Delivered 19% annualized total return since inception Paid out nearly 5 billion in total dividends - 29.98/share Long-term Vision
Sustainable Dividend Key component of strategy Supported by active hedging and balance sheet strength Cumulative Dividend and Historic Payout Ratio Committed to the Dividend While Delivering Profitable Growth
ARCs Proven Development Model Dawson, Pembina, SE Sask/Manitoba, Redwater Ante Creek, Parkland/Tower Sunrise West Attachie, Septimus Blueberry, Sundown Inventory of Opportunities at all Stages
Early Stages of Property Development* * Subject to change based on technology and economic environment. Large Identified Opportunity for Future Growth
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+…