Eagle Ford Focused Growth February 2017 1 www.sundanceenergy.net
Executive summary Company Overview Ticker SEA (ASX Listed) SNDE (NASDAQ) (3) Share count (ASX) 1,249 million ADR Conversion (Nasdaq) 100:1 South Texas Eagle Ford Market capitalization US148 million Net acres: 42,700 1P…
Executive summary Key investment highlights High quality, producing Premier position encompassing 42,700 net acres in the Eagle Ford Substantial development inventory with 400 gross total undrilled Eagle Ford locations Eagle Ford…
Eagle Ford Core position in the western Eagle Ford Sundance holds a 42,700 net acre position in South Texas targeting the Eagle Ford 1P reserves of 27.4mmboe(1) 1P PV-10 of 251mm(1,2) PDP PV-10 of 164mm(1) Approximately 400 gross…
Asset Overview McMullen, Atascosa and Live Oak Counties Premier Western Eagle Ford Position Active Eagle Ford Operators EGFD Producers 87 EGFD PDP wells Sundance acreage Carrizo Atascosa SEA Non-Op acreage 13 to 14 wells planned…
Eagle Ford Play Economics McMullen/Atascosa/Live Oak (McMullen Area) Type Curve Normalized Performance(2) McMullen Area Type Curve Oil EUR , MBO 390 EUR , MBOE 476 IP , bo/d 611 Well Cost , M 5,670 Operating Expenses , /boe…
SEA 2016 Program Results Normalized Cumulative Oil Performance McMullen Atascosa Type Curve Type Curve Drilled and completed 2 wells Drilled and completed 1 well EURTC = 40 bo/ft EURTC = 53 bo/ft GPI = 6,172 ft EURPEELER…
McMullen 2016 Re-Frac Program Results Refrac Program Entered into a strategic alliance with Schlumberger refrac 5 EGFD wells in McMullen in Q3 2016 Initial results are very positive with refrac performance exceeding the base…
McMullen 2016 Re-Frac Individual Well Results - Incremental oil production observed - stable - GOR indicates new reservoir rock is being stimulated/contacted - Above expectations for reserve adds 10
Asset Overview Dimmit County Upside in Large Contiguous Position Potential Full-Development on 330 Chevron Pattern Substantial recoverable oil-in-place Program targeting two distinct targets in the Lower N 2016 Eagle Ford 2014…
Eagle Ford Play Economics Dimmit County Dimmit Type Curve Type Curve Cumulative Oil Production (2) 250 SEA & Offset Operators Type Curve Oil EUR , MBO 260 Cumulative Oil Production (MBbl) 200 EUR , MBOE 529 150 100 IP…
SEA 2016 Program Results Normalized Cumulative Oil Performance Dimmit Completed 3 wells 2 Lower Lower Eagle Ford target 1 Upper Lower Type Curve Eagle Ford target (TOC 5TA) Average GPI = 8,200 ft TOC 5HTA performing above…
Production, Capital Expenditures & Development Plan Production (boed) (1) Oil, Gas and NGL Price Differentials(1) 10,000 (4.00) 35.0% Oil & Gas Differential () NGL Price as a % of WTI 800 (3.50) 30.0% 8,000 (3.00) 25.0%…
Debt & Hedges Net Debt(1) millions Revolver debt 67.0 Term debt 125.0 Total Long Term Debt 192.0 Cash 17.5 Net Debt 174.5 Oil Hedges (2) 1,000,000 65 800,000 60 600,000 55 400,000 50 200,000 45 - 40 2017 2018…
Hedge Summary HEDGE BOOK (1) PRICING OIL CONTRACTS Boe Bbl Per Day Floor Ceiling 2017 930,000 2,548 Bbls of oil hedged for 2017 49.14 58.73 2018 492,000 1,348 Bbls of oil hedged for 2018 49.25 59.12 2019 300,000 822 Bbls of…
Reserve summary(1,2) Net proved reserves as of 1 January 2016 Oil NGL Gas Total PV-10 (mbbls) (mbbls) (mmcf) (mboe) (mm) PDP Texas 6,124 1,652 11,362 9,670 145.3 Oklahoma 595 545 3,213 1,675 15.5 Total PDP 6,719 2,197 14,575…
Executive summary Management team Eric McCrady, Managing Director & CEO Eric was appointed CEO in April 2011 and Managing Director of the Board in November 2011. He served as CFO from June 2010 until becoming CEO. Eric has over 15…
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