CORPORATE OVERVIEW Toronto Stock Exchange ticker symbol RMP (S&P/TSX Composite Index) Common Shares outstanding 122.2 million Stock Options outstanding 10.3 million 4.55 (avg. exercise price) Warrants outstanding 2.0 million 2.00…
COMPANY ATTRIBUTES Balance Sheet Strength Low leverage relative to peers Bank line of credit: 175 million - significant unutilized credit capacity Debt to trailing cash flow: 0.9x (March 31 2015) Montney Oil focused with low cost…
2015 GUIDANCE 2014 2015 Guidance Total Capital Expenditures 179 million 95 - 100 million Production: Annual Avg. (boe/d) 11,782 13,500 Oil/NGL (%) 54 45 Cash Flow (Funds from Operations) 164 million 100 million Per basic share…
FIELD OPERATING NETBACK EXPANSION INCREASED INTERNAL CASH FLOW GENERATING CAPABILITY 50.00 46.42 Field Netbacks Opex 45.36 45.00 41.75 40.00 35.12 35.00 31.47 30.40 30.00 25.70 per boe 25.00 23.66 20.00…
MONTNEY ECONOMICS 9
CORE OPERATING AREAS Montney light oil and gas exploration and development Ante Creek Waskahigan/Grizzly New area Kaybob Other Assets Pine Creek - Wilrich Ricinus - Ellerslie Duvernay Big Muddy Bakken/Birdbear Montney…
REGIONAL MONTNEY FAIRWAY Significant land position in the Montney fairway 170.25 gross (167.8 net) sections in fairway; 99% W.I. Extensive low risk development inventory 11
ANTE CREEK MONTNEY LIGHT OIL Development 36 sections 99.2% W.I. 50 drilling locations Currently evaluating secondary recovery options Step-out pool delineation well to be drilled this winter, south of core producing…
ANTE CREEK WELL PERFORMANCE Producing Days 13
ANTE CREEK INFRASTRUCTURE Major facility expansion is completed On-time and on-budget Dual, 35 km 8 gas and 8 oil pipelines connect to RMPs Waskahigan oil and gas facility Increased Ante Creek area gas handling capacity from 24…
WASKAHIGAN INFRASTRUCTURE MONTNEY LIGHT OIL 100% RMP-owned Oil Battery Current capacity: 6,000 bbls/d oil 10 mmcf/d natural gas Facility ownership benefits: Low operating costs Quick tie-in of new wells 16
DIRECTORS Craig Stewart Executive Chairman of RMP Energy Inc. Doug Baker Independent Businessman John Brussa Partner, Burnet Duckworth & Palmer LLP John Ferguson President and CEO of RMP Energy Inc. Andrew Hogg President and CEO of…
FISCAL 2014 FINANCIAL RESULTS (AUDITED) Year ended December 31, (thousands except share data) 2014 2013 % Change Cash flow from operations 164,092 78,553 109 Per share - diluted 1.30 0.68 91 Net Income 47,846 10,449 358 Net…
FISCAL 2014 OPERATING RESULTS (AUDITED) Year ended December 31, (6:1 oil equivalent conversion) 2014 2013 % Change Capital expenditures ( thousands) 179,746 187,411 (4) Average Daily Production: Crude Oil & NGLS(bbls/d) 6,559…
FIRST QUARTER 2015 FINANCIAL RESULTS Three Months ended March 31, (thousands except share data) 2015 2014 % Change Cash flow from operations 25,611 35,534 (28) Per share - diluted 0.20 0.28 (29) Net Income (loss) (5,353) 9,896…
FIRST QUARTER 2015 OPERATING RESULTS Three months ended March 31, (6:1 oil equivalent conversion) 2015 2014 % Change Capital expenditures ( thousands) 46,938 56,264 (17) Average Daily Production: Crude Oil & NGLS(bbls/d) 5,791…