NuVista Snapshot NuVista Corporate Info TSX Trading Symbol: NVA Market Capitalization: 1.0 billion Basic Shares Outstanding(1): 173.2 million Credit Facility Capacity(1): 235 million Percent Drawn(1): 40% Grande Prairie Net…
Why Buy NuVista Trusted Repeatable Growth Pure-Play Montney Company In The Right Neighborhood Funded Growth Plan Through 2018+ with Great Economics Clear Line-of-Sight to 60,000 Boe/d Inventory Underpinned by Four Established…
Montney In The Right Neighborhood Condensate-Rich Montney Industry Growth Continues Elmworth to Kakwa Montney HZ Activity Update* High level of industry activity continues 900 Montney HZ wells licensed and/or drilled T70 to date…
Montney In The Right Neighborhood The Alberta Condensate-Rich Montney: A World Class Play 1. Scalable/Repeatable Deposition on the shelf edge not isolated pockets Gas charged top to bottom Over-pressured low water saturation 2.…
Funded Growth Plan Strong Growth with Managed Net Debt to Funds from Operations Capital Expenditures (MM) Production (MBoe/d) 400 Upside Case Base Case 50 Upside Case Base Case 330 40.0 300 40 300 273 31.0 30 24.6 200 189 22.4…
Funded Growth Plan Strong Production Ramp in Q4 After Planned Outages Production & Productive Well Count Forecast 2017E Capex Range (MM) 40 Guidance Range Well Capability 120 DCET & Well Optimization Wells Capable of Production…
Line-of-Sight to 60,000+ Boe/d Four Development Blocks Established Piestone Pipestone Emerging Dev Block Gold Creek On Production Four layer development potential in the Initial type-curve 4.0 Bcf, 60 Bbls/MMcf Montney condensate (40…
Inventory Underpinned by Established Development Blocks Elmworth Gold Creek Pipestone Bilbo Middle Montney 'D' Tested Not Tested 3 Producers 18 Producers Offsetting Middle Montney 'C' Production Not Tested 6 Producers 8…
Bilbo Development Block Free-Cashflow Positive 48 Wells on Production (IP30) South Montney Sales Production 20 Cumulative-to-Date Sales Gas NGL's C5+ Six-well pad 18 Bbls/MMcf On Production 16 C5+ 54 Butane 14 Propane…
Bilbo Development Block Performance Update: Getting More for Less Bilbo IP60 Production and DCET Capital Cost Total Sales Production 10-well Total Sales Mov. Avg. 10-well Capital Cost Mov. Avg. 3,500 1,200 Encouraging Initial…
Bilbo Development Block Results To-Date and Type Well Economics Bilbo Well Production to-Date(1)(2) Bilbo Type Curve Inputs and Economics Currently Piloting Original Type Curve 2011-14 2015 2016+ 500 Original Historical Hi-Fi…
Elmworth Development Block Volume Ramp In-Progress 9 Wells (5 Hi-Fi) to come on in Q3 24 Wells on Production (IP30) North Montney Sales Production R9W6 Cumulative-to-Date Sales Gas NGL's C5+ R8W6 14 T69 3 New Wells Bbls/MMcf…
Elmworth Development Block At a Tipping Point: Encouraging Recent Well Results Elmworth IP30 Production and DCET Capital Cost Condensate (bbl/d) Total Sales (boe/d) 5-well Total Sales Mov. Avg. 5-well Capital Cost Mov. Avg. 3,000…
Elmworth Development Block Results To-Date and Type Well Economics Elmworth Well Production to-Date(1)(2) Elmworth Type Curve Inputs and Economics Currently Piloting Original Type Curve 2010-15 2016+ 3,000 Original Historical Hi-Fi…
Gold Creek Development Block Initial Type-Curve Established 2016/17 Early Development Activity and Infrastructure Gold Creek Highlights Gold Creek Geology Up to 3 developable layers Gamma Porosity % Condensate yield expected to…
Gold Creek Development Block Results To-Date and Type Well Economics Gold Creek Well Production to-Date(1) Gold Creek Type Curve Inputs and Economics Currently Piloting piloting Historical Average 2,000 Historical ERH ERH + Hi-Fi…
Pipestone Development Block Facilities in Planning Phase for 2019-20 Development Pipestone Activity Pipestone Highlights Pipestone Geology ECA Pipestone 'Super- Up to 4 developable layers Gamma Porosity Condensate' 20 0 Acreage to…
Pipestone Development Block Robust Initial Type-Curve Economics Offsetting Well Production vs. NVA Type Well(1) Pipestone Dev. Type Curve Inputs and Economics Half-Cycle Inputs Base Type Curve Offsetting wells restricted DCET…
Proven Track Record of Execution Improving Efficiency and Well Costs Montney Well Cost (DCET) By Year Average Annual Montney Drilling Curves 14 0 2013 2014 2015 12 2016 2017 YTD Pipestone 1,000 10 2,000 Depth (m) 8 3,000…
Wellhead-to-Market Egress Plan In-Place Firm Egress Counts: Long-Term Growth Secured Grande Prairie SemCAMS Wapiti Sour Gas Plant Status: Under Construction 2019 Startup Raw Gas Capacity: 200 MMcf/d NuVista North Compressor…
Market Egress Plan In-Place Wapiti Montney Processing CapacityMaterial Running Room 60,000+ Boe/d Montney Processing Capacity Secured 300 60,000 250 Montney Raw Gas Capacity (MMcf/d) 50,000 Montney Capacity (Boe/d)…
Market Egress Plan In-Place Natural Gas Price Diversification NuVista has contracted for firm transportation on export pipelines to diversify pricing exposure We continue to evaluate future opportunities for diversification…
Commodity Price Risk Management Continuing Rolling Hedging Program Crude Oil Hedge Position 8,000 74.00 7,000 72.00 6,000 70.00 Hedged Volume, Bbl/d 5,000 68.00 Price, C/Bbl Floor C WTI price of 4,000 66.00 67.37/Bbl on…
NuVista Operating Results 2017 Guidance Corporate Production (Boe/d) Actual Production Guidance Wapiti Montney Other Properties (Boe/d) (Boe/d) 30,000 26,731 25,454 24,898 24,716 Q1 '17 26,731 26,000 29,000 25,000 23,451 20,000…
NuVista Looking Forward Flexibility and Strength Growth in a Volatile Environment Pure-Play Montney Company In The Right Neighborhood Balance Sheet Strength Funded Growth Plan Through 2018+ Clear Line-of-Sight to 60,000 Boe/d…
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Proven Track Record of Execution 2016 Year-end Reserves Report 2016 Year-end Reserve Highlights Montney now comprises 99% of NuVista's reserves PDP F&D at 5-year low (10.80/Boe) driven by positive technical revisions and continued…
Proven Track Record of Execution ERH and Hi-Fi Completions Bilbo IP180 vs. Original Type Curve NVA Extended Reach Montney Horizontals 2,000 Bilbo TC Encouraging 1,800 ERH Results Total Sales IP180 (Boe/d) 1,600 1,400 04-05…
Condensate Pricing Strong Demand and Premium Price for the Long-Term Western Canadian Condensate Pricing Condensate is used in Alberta as a diluent to ship heavy oil on pipelines Condensate in Alberta is typically priced at a…
Lower Montney Activity NuVista Data Collection In Progress R9W6 R7W6 R5W6 R3W6 Pipestone SCL 15-1-69-6W6 Tested: 1.9 MMcf/d and 174 bpd C5+ Multiple pilot wells in progress by industry Early T70 NVA 15-13-68-7W6 Vertical…
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