EV Energy Partners (EVEP) Supporting Materials for March 1, 2013 Conference Call
Key Highlights The sale of the approximately 100,000 net working interest acres being offered should enable us to use the proceeds to purchase assets on a tax-free, equity-free, debt-free basis. We will have over 70,000 additional…
2013 Guidance Full Year 2013 Net Production: Natural Gas (MMcf) 38,400 - 42,000 Crude Oil (MBbls) 1,040 - 1,150 Natural Gas Liquids (MBbls) 1,940 - 2,110 Total Mmcfe 56,280 - 61,560 Average Daily Production (Mmcfe/d) 154.2 -…
EVEP Utica Shale Currently Marketed Acreage County EVEP Net Acres CARROLL 10,900 GUERNSEY 4,600 HARRISON 1,700 MAHONING 4,400 MUSKINGUM 6,200 NOBLE 1,000 STARK 40,300 TRUMBULL 12,300 TUSCARAWAS 21,800 OTHER 500 Total…
Additional Utica Shale Acreage OH Counties EVEP Net Acres ASHTABULA 22,000 CUYAHOGA 1,200 GEAUGA 1,900 LAWRENCE 7,600 PERRY 1,300 PORTAGE 3,600 SUMMIT 1,800 TUSCARAWAS 2,500 WASHINGTON 5,100 WAYNE 2,000 22 Counties < 1,000…
EVEP ORRI Acreage ORRI acreage is mostly in wet-gas and oil product windows ( 880,000 gross acres) Average 2.7% ORRI on 415,000 operated gross acres Average 1.3% ORRI on 465,000 non-operated gross acres Significant future cash…
Utica East Ohio Midstream Located in the heart of the prolific Utica rich gas window Gather, process and fractionate wet gas from CHK/EV/Total JV production 800 MMcf/d of processing & 135 MBbls/d of fractionation capacity Onsite…
Cardinal Gas Services Low-pressure gathering and compression of wet gas from JV production into Utica East Ohio infrastructure Ownership 66% Access Midstream Partners, Operator 25% Total 9% EVEP Build-out of system continues,…
Utica Midstream Capital and EBITDAX Capital investment of 335-395 million, net to EVEP, over 5 years Stable, long-term cash flow stream UEO has fee structure defined by contract Consists of fees for gathering, compression,…
EV Energy Partners (EVEP) Supporting Materials for March 1, 2013 Conference Call