J.P. Morgan 2017 Energy Equity Investor Conference June 2017 Lee K. Boothby Chairman, President & CEO
YTD Highlights What You Need to Know 1. Our near-term business plan is aligned with todays market realities 2. We are on a course to balance our capital investments with cash flow while sustainably delivering double-digit production…
Anadarko Basin STACK Running 4-5 rigs during 2017 Transitioning to infill development Testing upsized completions & downspacing STACK SCOOP Running 3-5 rigs during 2017 Driving production through continued development…
Upsized Completions Enhancing STACK Oil Production 500 400 Cumulative Oil Production, MBO 80% 300 60% 200 Payout in 1.75 years2 100 STACK type curve Oil EUR3 is 470 MBO with 60% production in the first 5 years…
Control of OperationsA Founding Business Principle Gas Gathering, Processing & Takeaway Access to Premium Oil Markets Water Management System 6
Control of Operations Gas Gathering, Processing & Takeaway Mitigating risks and ensuring field-level execution through creation of diversified portfolio of gathering and processing partners MarkWest, EnLink, Enable, DCP and Targa…
Control of Operations Access to Premium Oil Markets Newfields STACK acreage is in the oil STACK Oil Differential to NYMEX1 window - (1.00) Our STACK barrel is high-quality NFX Begins Moving Oil via Pipe (2.00) 42 43o API…
Control of Operations Anadarko Water Management System 100 miles of water pipe 10 million Bbls of water storage New Barton facility to provide 30,000 Bbl/d of water recycling capacity Recycled water to provide an estimated 40%…
Solid capital structure 1.8 bn unsecured credit facility maturing 2020 2.4 bn of total liquidity No fixed debt maturities until 2022 Weighted average fixed debt maturity of 7 years at 4.6% YTM1 Net debt / adj EBITDA2 Fixed debt…
Why Own Newfield Today NFX has a Proven Track Record Weathered multiple commodity price cycles History of finding and developing valuable plays Proven operator with control of operations The Anadarko Basin is a Premier Asset Large,…