Skip to main content 1Q 2016 Results Conference Call – Encana Corp Investor Presentation | Shale Experts
Loading...
Pm

1Q 2016 Results Conference Call – Encana Corp

Encana Corp · May 3, 2016 · 12 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. 1Q 2016 Results Conference Call – Encana Corp – slide 1
    ENCANA CORPORATION Q1 2016 Results Conference Call May 3, 2016
  2. 1Q 2016 Results Conference Call – Encana Corp – slide 2
    DELIVERING INDUSTRY LEADING PERFORMANCE AND LOWER COSTS Significant progress on achieving 2016 cost savings target of 550 million year-over-year Innovation and asset quality driving capital productivity across the core four…
  3. 1Q 2016 Results Conference Call – Encana Corp – slide 3
    Annual Per Unit Costs BUILDING ON OUR TRACK RECORD /BOE 16 T&P Opex* PMOT Delivering Cost Savings 12 8 On track for 550 MM of y-o-y cost savings 4 Operating*, T&P and PMOT cost structures in line - 1H15 2H15 Q1 2016 '16…
  4. 1Q 2016 Results Conference Call – Encana Corp – slide 4
    PERMIAN Aggressive reductions in D&C Costs* Basin Leading Operator 8 MM 7.1 Average Q1 D&C cost of 5.4 MM/well 6 5.7 5.4 Beat our 5.7 MM D&C cost target 4 24% reduction from 2015 average New pacesetter of 4.6 MM 2 Maximizing…
  5. 1Q 2016 Results Conference Call – Encana Corp – slide 5
    EAGLE FORD Aggressive reductions in D&C Costs* Dramatic Cost Improvements 8 MM Average Q1 D&C cost of 3.5 MM/well 6 6.3 Beat our 4.3 MM D&C cost target 4.3 4 3.5 44% reduction from 2015 average New pacesetter of 3.4 MM 2…
  6. 1Q 2016 Results Conference Call – Encana Corp – slide 6
    DUVERNAY Aggressive reductions in D&C Costs* Leading on Productivity and Costs 14 MM 12.3 Average Q1 D&C cost of 8.0 MM/well 12 10 Matched our 2016 7.9 MM D&C cost target 8 7.9 8.0 35% reduction from 2015 average 6 New…
  7. 1Q 2016 Results Conference Call – Encana Corp – slide 7
    MONTNEY Aggressive reductions in D&C Costs* Proving the Liquids Rich Portfolio 8 MM 6.4 Average Q1 D&C cost of 5.0 MM/well 6 5.1 5.0 Under our 2016 5.1 MM D&C cost target 4 22% reduction from 2015 average 2 New pacesetter of…
  8. 1Q 2016 Results Conference Call – Encana Corp – slide 8
    AECO BASIS DYNAMICS Short-term Outlook (Summer 2016) Storage levels high due to injections throughout Q1 2016 one of the warmest winters on record AECO basis has widened with the markets view of potential storage restrictions in late…
  9. 1Q 2016 Results Conference Call – Encana Corp – slide 9
    Q1 HIGHLIGHTS Results In Line With 2016 Guidance 2016 Q1 2016 Guidance Highly disciplined and focused capital program Capital Investment Capital spend on track with guidance Capital Investment (MM) 359 900 1,000 96% of capital…
  10. 1Q 2016 Results Conference Call – Encana Corp – slide 10
    PRUDENT FINANCIAL MANAGEMENT Access to Significant Liquidity Through 2020 Total debt reduced by 2.0B since year-end 2014 ECA Ratio Well Within Covenant Threshold 489MM senior notes retired at cost of 400MM in Q1 Debt to Adjusted…
  11. 1Q 2016 Results Conference Call – Encana Corp – slide 11
    HEDGING PROGRAM Adds Greater Certainty to Cash Flow 75%* of oil/condensate and 85%* of gas production hedged for 2016 Natural Gas Positions Oil Positions 1.25 100 2.22 x 2.46 /Mcf 1.00 Volume (Mbbls/d) 75 Volume (Bcf/d)…
  12. 1Q 2016 Results Conference Call – Encana Corp – slide 12
    2016 Production Composition (%) HIGH QUALITY INVENTORY Oil & Condensate** Montney NGL (C2-C4) Huge Upside To Price Recovery Gas 5,000 Duvernay Core of the core positions in four of North locations Americas top basins Over 11,500…

From the store

Browse maps, data & reports in the Shale Experts store