Skip to main content EnerCom The Oil and Gas Conference 2015 – Enerplus Corp Investor Presentation | Shale Experts
Loading...
Pm

EnerCom The Oil and Gas Conference 2015 – Enerplus Corp

Enerplus Corp · Aug 18, 2015 · 16 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. EnerCom The Oil and Gas Conference 2015 – Enerplus Corp – slide 1
    ERF: TSX & NYSE EnerCom Oil & Gas Conference August 18, 2015
  2. EnerCom The Oil and Gas Conference 2015 – Enerplus Corp – slide 2
    Strategy: Sustainable Growth & Income Operational Conservative Top Tier Assets Excellence Financial Strategy Top resource plays in Proven technical expertise Strong balance sheet North America Disciplined, returnfocused Hedging…
  3. EnerCom The Oil and Gas Conference 2015 – Enerplus Corp – slide 3
    Track Record: Organic Production Growth Production(1) MBOE/day BOE/share 11% CAGR 2011 2014 105 103 100 - 104 0.21 Growth driven by Fort Berthold and 90 the Marcellus 90 82 75 0.18 2015 production guidance is 0.18 0.17 75…
  4. EnerCom The Oil and Gas Conference 2015 – Enerplus Corp – slide 4
    Track Record: Consistent Reserves Growth 2P Reserves(1) MMBOE BOE/share 9% CAGR 2010 - 2014 450 429 2.20 401 50% 1P reserves represent 66% of 2P at 400 48% year-end 2014, with PDP at 74% of 1P 341 2.09 2.00 350 300 316 40% 1.98…
  5. EnerCom The Oil and Gas Conference 2015 – Enerplus Corp – slide 5
    Track Record: Reduction in F&D Costs 2P F&D and FD&A Costs(1)(2) /BOE Corporately, 2014 2P F&D cost split was: 25 24.21 Oil: 18.90/BOE 22.92 Gas: 0.65/Mcf 20 (3) 2014 recycle ratio of 2.7x 15 F&D 3 year: 14.26 Fort Berthold 2P…
  6. EnerCom The Oil and Gas Conference 2015 – Enerplus Corp – slide 6
    Track Record: Improvement in Capital Efficiencies Capital Efficiencies(1) /BOE/day Strong operational focus driving 70,000 improvement in capital efficiencies 60,000 60,000 Significant efficiencies realized in Fort Berthold and the…
  7. EnerCom The Oil and Gas Conference 2015 – Enerplus Corp – slide 7
    Strong Performance Relative to Peers 2014 2P F&D Costs (including FDC)(1) 2014 Capital Efficiencies(1) /BOE /BOE/day 25 60,000 49,000 22 22 22 21 20 50,000 40,000 38,000 20 36,000 17 33,000 17 32,000…
  8. EnerCom The Oil and Gas Conference 2015 – Enerplus Corp – slide 8
    Track Record: Sustainability Adjusted Payout Ratio(1)(2)(3)(4) Millions APO Reduction in capital spending and 1,200 200% dividend in 2015 to more appropriate 174% 180% levels 1,000 160% APO, inclusive of A&D, is projected to 800…
  9. EnerCom The Oil and Gas Conference 2015 – Enerplus Corp – slide 9
    2015 Capital Allocation: Disciplined Spending 2015 Capital Allocation (540 million) U.S. Gas Capital spending reduced by 30% from Canadian 5% Gas 5% 2014 levels Capital allocation focused on profitability Canadian Oil 25%…
  10. EnerCom The Oil and Gas Conference 2015 – Enerplus Corp – slide 10
    Focused Portfolio with Significant Growth Potential 2015E Production: 20% of 2015E Production Long-life, low decline Liquids Natural 44% Large discovered OOIP; 150 future drilling locations and EOR potential Gas 56% Primary,…
  11. EnerCom The Oil and Gas Conference 2015 – Enerplus Corp – slide 11
    Fort Berthold, North Dakota Key Facts Discovered OOIP (operated) 22 35 MMbbls/1280 DSU Discovered OOIP (operated) 1.4 billion bbls Net Acreage 74,000 acres 2P Reserves at Dec 31, 2014(1) 123 MMBOE Best Est. Economic Contingent 115…
  12. EnerCom The Oil and Gas Conference 2015 – Enerplus Corp – slide 12
    Fort Berthold: North Dakota Well Performance Acreage position and completion design driving best in basin well performance Average First 6 Months Cumulative Oil Production per Well All long lateral wells in North Dakota brought on…
  13. EnerCom The Oil and Gas Conference 2015 – Enerplus Corp – slide 13
    Fort Berthold: Improving Productivity through Completion Enhancements 2012 2013 2014 Completion Sliding sleeve Sliding sleeve and plug & perf Plug & perf Evolution 28-29 stages 34-42 stages 38-44 stages 270 lbs ceramic proppant per…
  14. EnerCom The Oil and Gas Conference 2015 – Enerplus Corp – slide 14
    Fort Berthold Completion Performance Improving Economics Fort Berthold Type Curves Type Well Economics(1)(2)(3) 50 1,200 Mbbl Type Curve WTI: US60/bbl 1,200 Mbbls 900 Mbbls 600 Mbbls 900 Mbbl Type Curve NYMEX: US3.25/Mcf (1,400 MBOE)…
  15. EnerCom The Oil and Gas Conference 2015 – Enerplus Corp – slide 15
    Fort Berthold: Improving Capital Efficiencies (1) 25,000 Reduction in well costs and significant 19,500 20,000 increase in IP rates Cap Efficiency (K/BOE/day) 17,000 15,500 driving top quartile 15,000 capital…
  16. EnerCom The Oil and Gas Conference 2015 – Enerplus Corp – slide 16
    Marcellus NE Pennsylvania Enerplus Land Key Facts Thickness Marcellus Well Net Acreage 52,000 acres 2P Reserves Dec 31, 2014(1) 840 Bcf Best Est. Economic Contingent 1,400 Bcf Resources Dec 31, 2014(1) Future Net Drilling…

From the store

Browse maps, data & reports in the Shale Experts store