Oil & Gas Investment Symposium Chicago October 2017
General Overview
The New Chaparral Transforming into a premier pure-play STACK company Approximately 110,000 net acres Strong pipeline of economic opportunities Solid operating margins and returns, even in a volatile commodity price…
Recent Achievements Emerged from restructuring with a strong balance sheet Equitized 1.2 billion in debt and reduced annual interest expense by 110 million Enterprise Value of approximately 1.2 billion Post Emergence Debt/Adjusted…
2017 Strategy STACK position provides significant growth potential Transition Chaparral to a Pursue strategic alternatives to monetize Enhanced Oil Recovery Pure-Play STACK (EOR) assets Company Retained CIBC Griffis & Small to…
Asset Overview
STACK Overview Asset Overview WOODS ALFAFA GARFIELD Approximately 110,000 acres 9.1 MBoe/d in Q2 2017 MAJOR WOODWARD 80 operated horizontal wells DEWEY STACK Attributes/Characteristics KINGFISHER Chaparral acreage is…
STACK Drilling Joint Venture Joint Venture between Chaparral Energy, L.L.C. and Bayou City Energy (BCE) WOODS ALFAFA Fund further development of Chaparrals 110,000 acre GARFIELD STACK position MAJOR WOODWARD Bayou City Energy…
One Petroleum System STACK Attributes N REGIONAL STACK CROSS SECTION 60 MILES S Stacked reservoirs proximal to the world- STACK MERGE class Woodford source rock GARFIELD COUNTY KINGFISHER COUNTY CANADIAN COUNTY GRADY COUNTY Efficient…
STACK Canadian County Overview HRDY 1-11MH BIG TIMBER 1408 1UMH-2 STILES 1407 1-4H ALFRED 1407 2-8MH DIVIDE-CLARK 28 21-14N- Canadian Overview (Marathon) (Chaparral) (Marathon) (Marathon) 6W 1HX Spud Date: 7/26/16 Spud Date: 6/4/2017…
STACK Garfield County Overview LEE 1MH-1 WHITE OAK 1UMH-36 Garfield Overview (Chaparral) Spud Date: 12/31/13 (Chaparral) Spud Date: 5/7/17 Peak IP-30: 883 Boe/d Peak IP-30: 665 Boe/d Approximately 40,000 acres Oil: 35% Oil: 14%…
Recent STACK Transactions Significant A&D activity demonstrates value of Chaparrals acreage position Staghorn, Payrock & Alta Mesa transactions were primarily in the black oil, normal pressure window of the play 1 1 2 3 4…
Operational Excellence Drilling and Completions Strong, Effective Focus on Cost Reduction/Control Demonstrated D&C cost improvements Average D&C cost of 3.5 million from Q1 2016 to Q2 2017 2017 average Meramec D&C cost of 3.7…
Financial Overview
Strong Financial Position and Liquidity Chaparral Capitalization and Liquidity Strong financial position to support accelerated STACK drilling program ( in Millions) As Reported 6/30/2017 No near-term debt maturities until 2021…
Why Chaparral Why Chaparral Peer Leading Balance Sheet Strong Management Execution-focused Team with Excellent STACK Player Track Record Deep Inventory of High-return Drilling Prospects 17
Loading...
