Skip to main content New York City FEC Event – Rmp Energy Inc. Investor Presentation | Shale Experts
Loading...

New York City FEC Event – Rmp Energy Inc.

Rmp Energy Inc. · Sep 30, 2015 · 22 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. New York City FEC Event – Rmp Energy Inc. – slide 1
    SEPTEMBER 2015 CORPORATE PRESENTATION
  2. New York City FEC Event – Rmp Energy Inc. – slide 2
    CORPORATE OVERVIEW Toronto Stock Exchange ticker symbol RMP Common Shares outstanding 123.8 million Stock Options outstanding 11.6 million 4.22 (avg. exercise price) Warrants outstanding 2.0 million 2.00 (exercise price)…
  3. New York City FEC Event – Rmp Energy Inc. – slide 3
    2015 GUIDANCE 2014 2015 Guidance Total Capital Expenditures 179 million 90 million Production: Annual Avg. (boe/d) 11,782 12,000 Oil/NGL (%) 54 45 Cash Flow (Funds from Operations) 164 million 90 million Per basic share 1.36…
  4. New York City FEC Event – Rmp Energy Inc. – slide 4
    STRATEGY FOR A LOW PRICE ENVIRONMENT Maintain a good balance sheet with prudent capital spending. Concentrate on the development of high netback assets. Acquire land and assets at reasonable metrics that will ensure future…
  5. New York City FEC Event – Rmp Energy Inc. – slide 5
    STRATEGY FOR A LOW PRICE ENVIRONMENT Balance Sheet Strength Committed to a cash flow funded capital budget. Low leverage relative to peers. Bank line of credit: 175 million - significant unutilized credit capacity.…
  6. New York City FEC Event – Rmp Energy Inc. – slide 6
    STRATEGY FOR A LOW PRICE ENVIRONMENT High Netback Projects Montney oil focused program. Netbacks enhanced through low cost structure. 9
  7. New York City FEC Event – Rmp Energy Inc. – slide 7
    STRATEGY FOR A LOW PRICE ENVIRONMENT Low Cost Structure 45.00 Less than 8/boe Field Netbacks Opex 40.89 operating and 40.00 transportation costs 35.12 35.00 Facility and pipeline ownership allow for low 30.40 30.00 cost…
  8. New York City FEC Event – Rmp Energy Inc. – slide 8
    STRATEGY FOR A LOW PRICE ENVIRONMENT Significant Cost Reductions With lower service costs and increased efficiencies in the field we have seen up to 30% cost reductions. Best costs to date at Ante Creek, 2.5MM drill and…
  9. New York City FEC Event – Rmp Energy Inc. – slide 9
    STRONG ORGANIC PRODUCTION GROWTH 16,000 1500 boe/d shut-in for a 14,000 significant portion of 2015. 12,000 12,000 11,782 Major pipeline outages 10,000 45% curtailed 54% production. boe/d 8,000 6,872 6,000 5,356…
  10. New York City FEC Event – Rmp Energy Inc. – slide 10
    OPERATING AREAS Montney light oil and gas exploration and development Ante Creek Waskahigan/Grizzly New area Kaybob Added 17,920 acres of land in 2015 Other Assets Pine Creek - Wilrich Ricinus - Ellerslie Duvernay Big Muddy…
  11. New York City FEC Event – Rmp Energy Inc. – slide 11
    REGIONAL MONTNEY FAIRWAY Significant land position in the Montney fairway. 180 gross (180.8 net) sections in fairway; 99% W.I. Extensive low risk development inventory. Opportunities to increase land position. 14
  12. New York City FEC Event – Rmp Energy Inc. – slide 12
    ANTE CREEK MONTNEY LIGHT OIL 35.5 sections 99.2% W.I. 50 drilling locations (17 booked in YE reserves: 15 PUDs & 2 PBUs) Technical evaluation of waterflood near completion 2016 pilot project planned Step-out pool…
  13. New York City FEC Event – Rmp Energy Inc. – slide 13
    ANTE CREEK TYPE CURVES Most economic play in the basin. Future development locations have good economics. 16
  14. New York City FEC Event – Rmp Energy Inc. – slide 14
    ANTE CREEK ECONOMICS 45 125% ROR projects at current commodity prices. Payout in 11 to 26 months. Most recent Ante Creek well came in at 2.5MM drill and complete. 17
  15. New York City FEC Event – Rmp Energy Inc. – slide 15
    ANTE CREEK INFRASTRUCTURE Major facility expansion is completed 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 MMcf/d to 44 MMcf/d…
  16. New York City FEC Event – Rmp Energy Inc. – slide 16
    WASKAHIGAN / GRIZZLY MONTNEY LIGHT OIL 73.75 sections (100% W.I.) 220 drilling locations (57 booked in YE reserves: 16 PUDs & 41 PBUs) New completion program has significantly changed play economics. Reserves (Dec. 31…
  17. New York City FEC Event – Rmp Energy Inc. – slide 17
    WASKAHIGAN TYPE CURVE New slick water completions have doubled EURs Evaluating use of slickwater fracs for further down-spacing in developed parts of the pool. 20
  18. New York City FEC Event – Rmp Energy Inc. – slide 18
    WASKAHIGAN ECONOMICS Strong economics even with todays low commodity prices. Latest well came in at 3.5MM drill and complete. 21
  19. New York City FEC Event – Rmp Energy Inc. – slide 19
    WASKAHIGAN INFRASTRUCTURE MONTNEY LIGHT OIL 100% RMP-owned Oil Battery Current capacity: 6,000 bbls/d 10 mmcf/d natural gas Facility ownership benefits: Low operating costs Quick tie-in of new wells 22
  20. New York City FEC Event – Rmp Energy Inc. – slide 20
    INVESTOR RELATIONS John Ferguson Dean Bernhard Corporate Email: President & CEO VP Finance & CFO irrmpenergyinc.com john.fergusonrmpenergyinc.com dean.bernhardrmpenergyinc.com 403-930-6303 403-930-6304 Corporate Website:…
  21. New York City FEC Event – Rmp Energy Inc. – slide 21
    FISCAL 2014 OPERATING RESULTS (AUDITED) Year ended December 31, (6:1 oil equivalent conversion) 2013 2014 % Change Capital expenditures ( thousands) 187,411 179,746 (4) Average Daily Production: Crude Oil & NGLS(bbls/d) 3,653…
  22. New York City FEC Event – Rmp Energy Inc. – slide 22
    FISCAL 2014 FINANCIAL RESULTS (AUDITED) Year ended December 31, (thousands except share data) 2013 2014 % Change Cash flow from operations 78,553 164,092 109 Per share - diluted 0.68 1.30 91 Net Income 10,449 47,846 358 Net…

From the store

Browse maps, data & reports in the Shale Experts store