Skip to main content OGIS CONFERENCE – Double Eagle Petroleum Co. Investor Presentation | Shale Experts
Loading...
Pm

OGIS CONFERENCE – Double Eagle Petroleum Co.

Double Eagle Petroleum Co. · Apr 15, 2013 · 15 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. OGIS CONFERENCE – Double Eagle Petroleum Co. – slide 1
    Double Eagle Petroleum Co OGIS Conference New York April 15-17, 2013 KSH 1
  2. OGIS CONFERENCE – Double Eagle Petroleum Co. – slide 2
    Building Shareholder Value Table Top Unit Niobrara Shale Play Exploration Plays Future growth potential Midstream Pipeline in existing operations Atlantic Rim CBM and Pinedale Anticline Strong Foundation of low-cost…
  3. OGIS CONFERENCE – Double Eagle Petroleum Co. – slide 3
    Main Fork Unit Exploration Plays Company estimated 2-3 Tcfe oil and gas target 44,000 gross (11,000 net) acres Well previously drilled but not completed in 2007 Option farm-in right by major oil and gas company whereby they…
  4. OGIS CONFERENCE – Double Eagle Petroleum Co. – slide 4
    Niobrara Shale TOTAL TOTAL Location GROSS NET Atlantic Rim--Greater Green River 61,310 36,508 DJ Basin-Wyoming 6,674 6,674 DJ Basin- Nebraska 4,198 4,198 Powder River Basin 16,283 16,283 Laramie/Hanna Basin 8,669 8,669 Wind…
  5. OGIS CONFERENCE – Double Eagle Petroleum Co. – slide 5
    Niobrara Shale Central Wyoming & Colorado 6
  6. OGIS CONFERENCE – Double Eagle Petroleum Co. – slide 6
    Niobrara Shale Exploration Plays Niobrara Shale Play * Initial test well completed in Q1 2013 * 24 hour IP rate of 467 BOE * API density consistent with WTI * Significantly all Atlantic Rim acreage HBP * 1500 of pay * DBLE…
  7. OGIS CONFERENCE – Double Eagle Petroleum Co. – slide 7
    Proven Execution Cont. Cost Control Low cost growth through the drill bit F&D Costs three year weighted average of 0.87 Mcfe; 2012 Production Costs, including taxes-- 1.46 per Mcfe G&A Costs equals 16 % of revenues; among lowest of…
  8. OGIS CONFERENCE – Double Eagle Petroleum Co. – slide 8
    Building Shareholder Value Strong foundation of low- cost producing assets Future growth potential in existing operations Pinedale Anticline Atlantic Rim CBM * Interest in 184 producing wells * Interest in 283 producing CBM…
  9. OGIS CONFERENCE – Double Eagle Petroleum Co. – slide 9
    The Atlantic Rim Historical drilling activity Catalina Unit 83 gross (64 net) wells 175 total potential future drilling locations 52.6 Bcfe net proved reserves (based upon forward strip pricing at 12/31/2012) Spyglass Hill…
  10. OGIS CONFERENCE – Double Eagle Petroleum Co. – slide 10
    Pinedale Anticline Interests in 184 wells through 2012 Participated in 14 new wells in 2012 Anticipate participating in 13 new WI wells in 2013 260+ Potential future locations (5 acre spacing) Double Eagle Working Interests:…
  11. OGIS CONFERENCE – Double Eagle Petroleum Co. – slide 11
    Midstream Infrastructure Growing source of fee-based revenue that is independent of gas prices Connects Catalina Unit to interstate pipeline 100% owned by Double Eagle 125 MMcf/d capacity; currently at 30 MMcf/d Tie-in to third…
  12. OGIS CONFERENCE – Double Eagle Petroleum Co. – slide 12
    Proven Execution Reserve Growth Reserve Growth (1) PD PUD 2012 Reserves (2) 135.0 --132.5 Bcfe 125.0 --162.7 million 115.0 105.0 95.0 85.0 75.0 Bcfe 65.0 55.0 45.0 35.0 25.0 15.0 5.0 -5.0 Reserve Replacement…
  13. OGIS CONFERENCE – Double Eagle Petroleum Co. – slide 13
    Hedge Contracts Double Eagle Petroleum Current Hedging Positions Volume/day (Mcfe)* Price Beginning Date End Date 2013 Expirations Natural Gas Collar - NYMEX 6,000 5.00 5.35 1/1/2013 12/31/2013 Natural Gas Swap - NYMEX 6,000…
  14. OGIS CONFERENCE – Double Eagle Petroleum Co. – slide 14
    Summary of Double Eagle Value Proposition Reserves (1) Bcfe PV-10 Proved 132.5 162.7 Probable 40.0 23.2 Possible 100.8 118.0 Total 3P 273.25 303.9 Gross Locations Gross Acreage Additional Potential Drilling (2) Atlantic Rim…
  15. OGIS CONFERENCE – Double Eagle Petroleum Co. – slide 15
    Senior Management Richard Dole Chairman, CEO, and President Kurtis Hooley Executive Vice President and COO Ashley Jenkins, CPA Vice President and CFO Clark Huffman, Ph.D VP Operations 16

From the store

Browse maps, data & reports in the Shale Experts store