Annual General Meeting 28 May 2015 1 www.sundanceenergy.net
Company overview Eagle Ford focused asset base Greater Anadarko Mississippian / Woodford Net acres: 33,775 1P reserves: 7.8 mmboe(2) Production: 1,312 boed % operated: 60.6% % WI: 43.2% Counties: Logan, Noble and Garfield…
2014 Business Review 5
2014 Key Financial Metrics and Highlights Business Review Year Ended 31 December 2014 As % 2013 As % FINANCIAL (In 000's) Oil, gas and NGL sales 159,793 85,345 Adjusted EBITDAX (% of sales) 126,373 79% 52,594 62% Net cash provided…
2014 Key Operational Metrics and Highlights Business Review Year Ended 31 December 2014 As % 2013 As % OPERATIONAL Daily production: Oil (Bbls) 4,589 69% 2,267 75% NGL (Bbls) 734 11% 263 9% Gas (Mcf) 7,869 20% 2,915 16% Total…
2014 Key Capital Investment Metrics Business Review Year Ended 31 December 2014 2013 Capital Expenditure Investments (In 000's) Development and production assets 338,366 217,514 Exploration and evaluation expenditures (incl…
2014 Reserves Business Review Year Ended 31 December 2014 As % 2013 As % PROVED (1P) RESERVES Proved reserves (SEC case): Oil (Mbbls) 17,026 66% 12,956 62% NGL (Mbbls) 4,166 16% 2,683 13% Natural gas (Mmcf) 28,733 18% 30,655 25%…
Q1 2015 Business Review 10
Q1 2015 Highlights Production and Revenue Average production of 9,581 boepd (net of royalties) in the first quarter of 2015 An overall increase of 7% from Q4 2014 Generated revenue of 28.7MM Adjusted EBITDAX and Costs Adjusted…
2014 and Q1 2015 Adjusted EBITDAX Trend EBITDAX and EBITDAX margin Despite lower commodity prices during the quarter, 40,000 100% Adjusted EBITDAX Margin remained high (76.7%) as 35,000 compared to full year 2014 (79.1%) 80% 30,000…
2014 and Q1 2015 Production and Revenue Trend Average daily production (boed/6:1) and revenue Increased production to 9,581 Boe/d, 12,000 50,000 net of royalties, an increase of 649 45,000 Boe/d (7 percent) compared to 4Q14 10,000…
Liquidity and hedging Pro forma cash flow and liquidity Hedging Oil Derivative Contracts Gas Derivative Contracts 2015E Weighted Average Weighted Average millions Year Units (Bbls) Floor Ceiling Units (Mcf) Floor Ceiling Consensus…
Asset Overview 15
Core Eagle Ford assets drive growth through cycles 33,000 net mineral acres targeting the Eagle Ford Eagle Ford operator with substantial, high-quality drilling inventory and significant production growth profile 38,500 net acre…
Asset overview Eagle Ford McMullen Area Project Summary McMullen Area Eagle Ford well control Net acres 14,000 Well cost 5.8 - 7.5 million EUR (mboe) 509(1) Estimated oil 65% - 80% LOE per boe 4.50 - 5.50 LEGEND SEA Acreage…
Asset overview (contd) Eagle Ford Dimmit Well economics Dimmit Eagle Ford well control Net acres 19,000 Well cost 5.0 - 7.5 million EUR (mboe) 483(1) Estimated oil 55% - 60% LOE per boe 5.00 - 7.00 Source: Company filings and…
Eagle Ford portfolio return sensitivities Average Netherland Sewell & Associates 2P type curve(1) McMullen County Eagle Ford Dimmit County Eagle Ford NSAI 2P Type Curve NSAI 2P Type Curve 347.5 mbo, 57.5 mbngl, 624.5 mcf 268.7 mbo,…
2015 Operating Strategy 20
2015 Operating Strategy Cost driven strategy that will create superior shareholder returns during low price environment Maximize balance sheet flexibility Low leverage profile…
Appendix 22 www.sundanceenergy.net
Board of Directors Mike Hannell, Chairman 45 years experience in upstream and downstream petroleum industry. Previously held senior positions with Santos Ltd and Mobil Oil. Eric McCrady, Managing Director & CEO Previously CFO of…
Reserve report footnotes and definitions Operating costs used in this report are based on operating expense records of Sundance. Capital costs used in this report were provided by Sundance and are based on authorizations for…
Loading...
