Q3 2015 Earnings Presentation 30 October 2015 1 www.sundanceenergy.net
Company Overview Eagle Ford Focused Asset Base Greater Anadarko Mississippian / Woodford Net acres: 29,185 1P reserves: 7.8 mmboe(2) Production: 1,191 boed % operated: 59.1% % WI: 41.7% Counties: Logan, Noble and Garfield…
Overview YTD production of 7,934 Boe/d Company affirms 2015 full year production guidance of 7,8508,500 Boe/d Fourth quarter estimated production of 7,5008,500 Boe/d Average production of 6,710 Boe/d (net of royalties) in the third…
Quarterly Production and Revenue Trend Average daily production (Boe/d 6:1) and revenue Average daily production (Boe/d 6:1) Revenue (US000s) & Production (Boe/d), net of 2015 Monthly Production Boe/d Royalties 12,000 12,000…
Adjusted EBITDAX Trend EBITDAX and EBITDAX margin Despite lower commodity prices during 2015 YTD, Adjusted EBITDAX Margin Adjusted EBITDAX remained relatively high (72%) as 45,000 100% compared to prior year (74%) 40,000…
Prudent Use of Cash Operating within Cash Flow Year-to-date drilling, completions and well Comparative Sources and Uses of Cash (MM) facilities capital expenditures within operating cash flow 400.0 YTD SOURCES AND USES OF CASH (MM)…
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 2015E Oil Derivative Contracts Gas Derivative Contracts millions Weighted Average Weighted Average Year Units (Bbls) Floor (1) Ceiling Units (Mcf) Floor (1) Ceiling Consensus EBITDAX 80.5 Q4 2015 185,444…
Core Eagle Ford Assets Drive Growth Through Commodity Cycles 40,000(1) Net Mineral Acres Targeting the Eagle Ford Eagle Ford operator with substantial, highquality drilling inventory and significant production growth profile 40,000(1)…
Asset Overview McMullen Atascosa Area (21,000 net acres) 21,000 net acres McMullen Area Eagle Ford Operators LEGEND 82 wells drilled to date EGFD Producers SEA Acreage Chesapeake 39.0 gross / 24.0 net wells drilled in 2014 NSE…
Asset Overview Dimmit County (19,000 net acres) 19,000 net acres Dimmit Area Eagle Ford Operators 9 wells drilled to date LEGEND SEA Acreage 4.0 gross / 2.4 net wells drilled in 2014 Anadarko Eagle Ford Wells 5.0 gross / 5.0 net…