Global Hunter Securities 100 Energy Conference June 2013
Overview of Sabine Oil & Gas LLC Company Overview1 North Texas 64,000 net acres Formed in 2007, Sabine is a privatelyheld natural gas and 375 Drilling locations Primary Targets: Granite Wash, oil company owned by First Reserve and…
1Q13 Summary During 1Q13, the Company made significant progress towards its 2013 goals by successfully and safely ramping up its development program from one rig in 2012 to six rigs running currently (three in South Texas, three in…
Company Evolution Sabine has successfully completed its initial goal to build a large, repeatable inventory of attractive Haynesville and Cotton Valley drilling opportunities on its East Texas properties The Company is making…
Established Premier Operator East Texas Operations Sabine has become a leading operator in the decadesold East Texas Basin just 5 years after entry. The Company will apply this proven ability to grow and operational excellence to…
East Texas: Haynesville Overview Commentary Sabines Haynesville position is a large, predominantly (85%) HBP, lowrisk gas MARION asset with substantial value in a moderate gas price environment g p Furrh Deep 1H (Sept 2011) Sabines…
East Texas: Cotton Valley Overview Winston Heirs 3H (Dec 2011) Commentary IP24hr: 6.7 mmcf/d; 25 bo/d; 419 bngl/d; 1,552 boe/d IP30: 5.8 mmcf/d; 27 bo/d; 363 bngl/d; 1,349 boe/d Sabines large Cotton Valley acreage position has…
South Texas: Eagle Ford Shale Overview Shiner Area Commentary 18,000 net acres 200+ total locations Sabine holds approximately 20,000 net acres in the Eagle Ford Shale in 8 wells completed 1 rig currently drilling the gas…
Eagle Ford Shale: Shiner Commentary Berckenhoff 1H (Sept 2012) IP24hr: 336 mcf/d; 536 bo/d; 85 bngl/d; 677 boe/d IP30: 267 mcf/d; 305 bo/d; 68 bngl/d; 418 boe/d Sabine established the Shiner area through two farmins (no upfront…
Eagle Ford Shale: Sugarkane Commentary 2,300 net acres in the EFS core TTBird 1H Bird 1H DEWITT Well from previous A bl k i HBP Acreage block is HBP operator Positioned for optimized full field development: pad TBird 2H, 3H, 4H…
North Texas Overview Commentary Brainard 262H (Aug 2011) North Texas assets were acquired in December 2012 IP24HR: 2.4 mmcf/d; 962 bo/d; 521 bngl/d; 1,875 boe/d IP30: IP30: 1.5 mmcf/d; 832 bo/d; 322 bngl/d; 1,397 boe/d 1 5 mmcf/d;…
1Q Results Summary Actual ( in millions) 1Q '13 Gas (MMcfe/d) 100.3 Oil (Mbbl/d) 2.8 NGL (Mbbl/d) ( bbl/d) 3.8 Production (Mmcfe/d) 139.9 Revenue 83.5 EBITDA 58.5 Capital Expenditures 63.3 Cash 23.5 Revolving credit…
Historical Financial Data For the Year Ended Quarter ended December 31, March 31, 2009 2010 2011 2012 2013 Production Volumes: Natural gas (Bcf) 18.9 24.8 38.9 41.1 9.0 Oil (MBbl) 117.9 104.5 170.5 317.1 250.7 NGL (MBbl) 298.2…
1Q 2013 and 2012 Realized Prices (/Mcfe) 1Q13 Realized Price (/mcfe) 1Q12 Realized Price (/mcfe) Realized Price w/ Hedges 6.62/Mcfe Realized Price w/ Hedges 5.57/Mcfe R li d Price Realized P i w/o/ Hedges H d 5 43/M f 5.43/Mcfe…