Skip to main content Delaware Basin Panther Energy Acquisition – WPX Energy, Inc. Investor Presentation | Shale Experts
Loading...
Pm

Delaware Basin Panther Energy Acquisition – WPX Energy, Inc.

WPX Energy, Inc. · Jan 12, 2017 · 11 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. Delaware Basin Panther Energy Acquisition – WPX Energy, Inc. – slide 1
    Delaware Basin Panther Energy Acquisition January 12, 2017
  2. Delaware Basin Panther Energy Acquisition – WPX Energy, Inc. – slide 2
    Expanding WPXs World-Class Delaware Position OVERVIEW EDDY 18,000+ acres in core of Delaware 920 gross locations, including 150+ long lateral locations Significant current production of 6,500 Boe/d (55% oil) LEA Maintain…
  3. Delaware Basin Panther Energy Acquisition – WPX Energy, Inc. – slide 3
    Thick Hydro-Carbon Stack Across Entire Acreage Position A STATE LINE LOG B EAST TYPE LOG C CENTRAL TYPE LOG D SOUTH TYPE LOG EDDY LEA NEW MEXICO TEXAS A LOVING B WINKLER C WARD REEVES D WPX OPERATED ACREAGE ACQUIRED…
  4. Delaware Basin Panther Energy Acquisition – WPX Energy, Inc. – slide 4
    Strong Acreage Position in Core of Delaware Basin at Attractive Price Selected Southern Delaware Basin Transactions in 2H 2016 PDC/Kimmeridge 8/2016 RSPP/Silver Hill 10/2016 Purchase price: 1,500 mm Purchase price: 2,544mm ANDREWS…
  5. Delaware Basin Panther Energy Acquisition – WPX Energy, Inc. – slide 5
    Multi-Zone Potential Across Newly Acquired Acreage South Elephant Wolfcamp Unit 1004H Blue Jay Unit P103H Falcon State Unit P225H Roja Arena Federal Unit 16H Falcon State Unit S262H Resolute Apache Apache Devon Apache IP30: 2,356 Boe/d…
  6. Delaware Basin Panther Energy Acquisition – WPX Energy, Inc. – slide 6
    Asset Quality Supports Robust Development Plan DEVELOPMENT PLAN WOLFCAMP X/Y-UPPER/LOWER A1 Maintain Panthers 2 rig program 1 MILE 1 MILE 2 MILE D&C (MM) 5.6 6.75 7.9 150+ extended lateral locations EUR (Mboe) 1,100 1,600 2,100…
  7. Delaware Basin Panther Energy Acquisition – WPX Energy, Inc. – slide 7
    Increasing Core Inventory and Enhancing Shareholder Value Added 32,000 net acres in the core of the Delaware for VALUE-DRIVEN 18,600 per acre since RKI acquisition1 STRONG ASSETS Large core Delaware acreage position with…
  8. Delaware Basin Panther Energy Acquisition – WPX Energy, Inc. – slide 8
    Appendix
  9. Delaware Basin Panther Energy Acquisition – WPX Energy, Inc. – slide 9
    2017 Pro Forma Full-Year Guidance Production FY17 Pro Forma Expenses FY17 Pro Forma Oil Mbbl/d 49.0 53.0 52.0 56.0 per BOE Natural Gas MMcf/d 210 220 220 230 LOE 4.75 5.25 4.75 5.25 NGL Mbbl/d 12.5 17.5 14.0 19.0 GP&T 2.00 2.50 2.00…
  10. Delaware Basin Panther Energy Acquisition – WPX Energy, Inc. – slide 10
    WPX Hedges Updated: January 10, 2017 2017 2018 2019 Volume/Day Average Price Volume/Day Average Price Volume/Day Average Price Natural Gas (MMBtu) Fixed Price Swaps1 170,000 3.02 125,000 2.95 - - Fixed Price Calls 16,301 4.50…
  11. Delaware Basin Panther Energy Acquisition – WPX Energy, Inc. – slide 11
    WPXs Opportunity in the Delaware Grows Significantly PANTHER PANTHER WPX ACQUISITION ACQUISITION PRO FORMA (1 MILE) ( 11/2 & 2 MILE) Gross Gross Gross Gross Assumed Spacing per Formation Locations Locations Locations Locations DSU…

From the store

Browse maps, data & reports in the Shale Experts store