Skip to main content February 2016 Investor Presentation – Oasis Petroleum Inc. | Shale Experts
Loading...

February 2016 Investor Presentation – Oasis Petroleum Inc.

Oasis Petroleum Inc. · Feb 25, 2016 · 18 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. February 2016 Investor Presentation – Oasis Petroleum Inc. – slide 1
    FEBRUARY 2016 Investor Presentation
  2. February 2016 Investor Presentation – Oasis Petroleum Inc. – slide 2
    2015 Accomplishments & Highlights Full year production increased by 11% to 50.5 MBoepd Exceeded original range of 45-49 Mboepd Production 4Q15 production increased to 50.7 Mboepd Beat 47- 49 Mboepd range Improved LOE by 23%…
  3. February 2016 Investor Presentation – Oasis Petroleum Inc. – slide 3
    Top Pure Play in the Williston Basin1 Top tier asset position Premier Position in Williston Basin2 Concentrated position - 485k net acres West Williston (345k acres) East Nesson (140k) 91% held by production Montana North Dakota…
  4. February 2016 Investor Presentation – Oasis Petroleum Inc. – slide 4
    Financial Strength & Balance Sheet Protection Free cash flow positive in 2015 & 2016 No Near-Term Debt Maturities (MM) Adjusted EBITDA less cash interest & Free Cash CapEx(1) 1,200 Flow Positive +68MM for FY 2015 1,000 +167MM from…
  5. February 2016 Investor Presentation – Oasis Petroleum Inc. – slide 5
    Production with Lower Cost Structure Annual Average Daily Production (Mboepd) Annual CapEx (MM) 11% Growth 60 1,800 50.5 49.0 1,573 50 45.7 1,500 61% Reduction 40 46.0 33.9 1,200 30 900 22.5 610 20 600 400 10.7 10 300 0 0…
  6. February 2016 Investor Presentation – Oasis Petroleum Inc. – slide 6
    2016 Plan Drivers 2016 Capital Plan Free Cash Flow Positive Total CapEx of 400MM in 2016 Adjusted EBITDA less cash interest & CapEx(1) D&C: 200MM Positive in 2016 at 35 per barrel WTI OMS: 140MM Other :(2) 60MM Activity Focused…
  7. February 2016 Investor Presentation – Oasis Petroleum Inc. – slide 7
    Robust Inventory in the Heart of the Williston Basin Inventory in the Heart of the Play Depth of Inventory Across Play MONTANA NORTH DAKOTA Remaining Gross Op EUR Break-even 1 Area DSUs Locations (Mboe)2 (WTI) Core 72 607 1,050…
  8. February 2016 Investor Presentation – Oasis Petroleum Inc. – slide 8
    Expanding High Intensity Program Increasing Mix of High Intensity Wells Well Design in the Core High Intensity 100% 99% 79% 50% 30% Base High Volume 80% Design Slickwater Job Proppant 60% Stages 36 50 36 60% / 40% 40%…
  9. February 2016 Investor Presentation – Oasis Petroleum Inc. – slide 9
    High Intensity Application Across Basin High Intensity Completions Type Curve Outperformance1 Montana North Dakota 70% 64% 60% 50% 40% 35% 30% 30% 27% 20% 10% 0% Indian Hills Alger Montana Bakken Red Bank…
  10. February 2016 Investor Presentation – Oasis Petroleum Inc. – slide 10
    Core High Intensity Type Curve and Performance Update Core High Intensity Type Curve Core Bakken & TFS High Intensity Well Performance 400 1,000 350 300 1,050 MBoe 250 Mboe Boepd 200 875 Bakken: 1,050 Mboe 100 150…
  11. February 2016 Investor Presentation – Oasis Petroleum Inc. – slide 11
    Oasis Midstream Services (OMS) OMS Asset Highlights Wild Basin Project Saltwater gathering lines (over 300 miles) Planned Assets in Wild Basin Increased volume flowing through gathering lines from Natural gas gathering & processing…
  12. February 2016 Investor Presentation – Oasis Petroleum Inc. – slide 12
    Oil and Gas Infrastructure Development1 Infrastructure Highlights Crude Oil Gathering Infrastructure MONTANA NORTH DAKOTA Crude oil gathering (3rd party system) Realized 4.29/bbl differential in 4Q15 Signing longer term contracts…
  13. February 2016 Investor Presentation – Oasis Petroleum Inc. – slide 13
    Investment Highlights Improving capital efficiency & operational performance Lowering well costs while increasing EURs Prudently managing balance sheet while being one of the first E&P companies to become free cash flow positive…
  14. February 2016 Investor Presentation – Oasis Petroleum Inc. – slide 14
    Expanding Takeaway Capacity out of Williston Basin Takeaway Options Takeaway Capacity (Mbopd)1 ANS 3,500 3,000 Clearbrook 2,500 2,000 Brent Guernsey 1,500 ANS 1,000 500 WTI - 2010 2011 2012 2013 2014 2015 2016 2017…
  15. February 2016 Investor Presentation – Oasis Petroleum Inc. – slide 15
    Extended Core & Fairway Type Curves and Economics Extended Core & Fairway Type Curves Recent Well Performance 1,000 140 750 Mboe 120 100 450 Mboe 80 525 Mboe Mboe Boepd 100 60 750 Mboe 40 20 450 Mboe - 1 31 61…
  16. February 2016 Investor Presentation – Oasis Petroleum Inc. – slide 16
    Key Metrics & Inventory Detail Key metrics YE 2015 Remaining Operated Locations Net acreage (000s) 485 Estimated net PDP - MMBoe 147.6 Area Wells/DSU Gross Net Estimated net PUD - MMBoe 70.7 Core 15 607 367 Estimated net proved reserves…
  17. February 2016 Investor Presentation – Oasis Petroleum Inc. – slide 17
    Financial and Operational Results / Guidance Actual Guidance (1) Select Operating Metrics FY 10 FY11 FY12 FY13 FY14 1Q 15 2Q 15 3Q 15 4Q 15 FY15 FY16 Production (MBoepd) 5.2 10.7 22.5 33.9 45.7 50.4 50.3 50.5 50.7 50.5 46-49…
  18. February 2016 Investor Presentation – Oasis Petroleum Inc. – slide 18
    Key Company Facts / External Support Oasis Petroleum Inc. Exchange / Ticker NYSE / OAS Shares Outstanding (as of 2/24/16) 180.6 MM Share Price (close on 2/24/16) 4.53 per share Approximate Equity Market Capitalization…

From the store

Browse maps, data & reports in the Shale Experts store