Q2 2015 Earnings Presentation 31 July 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: 1,329 boed % operated: 60.6% % WI: 43.2% Counties: Logan, Noble and Garfield…
Investment Thesis 38,000 net acres targeting the volatile oil and black oil window of the Eagle Ford Premier Eagle Ford 2015E production of 8,150 boepd generates cash flow to fund growth through the drill bit Production Base and…
Overview YTD production of 8,556 Boe/d Company affirms 2015 full year production guidance of 7,850-8,500 Boe/d Company expects 2015 second half production of 7,500-8,500 Boe/d Average production of 7,543 Boe/d (net of royalties) in…
Quarterly Production and Revenue Trend Average daily production (Boe/d 6:1) and revenue Average daily production (Boe/d 6:1) Revenue (US000s) & Production 2015 Monthly Production (Boe/d) (Boe/d), net of Royalties 12,000 12,000 50,000…
Adjusted EBITDAX Trend EBITDAX and EBITDAX margin Despite lower commodity prices during the first half of 2015, Adjusted EBITDAX Margin remained relatively high (75%) 45,000 100% as compared to full year 2014 (79%) 40,000 35,000 80%…
Capital Plan Funded Through Cash Flow Maintain focus on liquids while increasing control Drilling and Completion CapEx and Operating Cash Flow over quality and pace of development Operated production has increased from 66% to over…
Liquidity and hedging Oil Derivative Contracts Gas Derivative Contracts 2015E Weighted Average Weighted Average millions Bbls Floor Ceiling Mcf Floor Ceiling Consensus EBITDAX 90.0 2H 2015 316,000 66.75 77.46 540,000 3.14 3.36 Cash…
Core Eagle Ford Assets Drive Growth Through Commodity Cycles 38,000(1) Net Mineral Acres Targeting the Eagle Ford Eagle Ford operator with substantial, high-quality drilling inventory and significant production growth profile 38,000(1)…
Asset Overview McMullen - Atascosa Area (19,000 net acres) 19,245 net acres, including NSE McMullen Area Eagle Ford Operators LEGEND 82 wells drilled to date including 9 on the NSE EGFD Producers SEA Acreage acquisition acreage…
Asset Overview Dimmit County (19,000 net acres) 18,771 net acres Dimmit Area Eagle Ford Operators 8 wells drilled to date LEGEND 4.0 gross / 2.4 net wells drilled in 2014 SEA Acreage Anadarko Eagle Ford Wells 4.0 gross / 4.0…
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,…