Corporate Presentation September 2017 1 www.sundanceenergy.net
Executive Summary 43,800 acre core position in the western Eagle Ford Dimmit Position McMullen/Live Oak/Atascosa Position Targeting: Eagle Ford Targeting: Eagle Ford Net acres: 19,000 Net acres: 24,800 Gross operated wells…
Evolution In The Eagle Ford Building Critical Mass 2013 2014 2015 Oil Window Oil Window Oil Window Volatile Oil & Volatile Oil & Volatile Oil & Condensate Window Condensate Window Condensate Window Dry Gas Window Dry Gas Window…
Sundance Overview Company Strategy Pure play Eagle Ford aggregator Eagle Ford position has grown to 43,800 net acres since entering basin in 2013 Continue upgrading inventory by aggregating assets with returns in the top half of…
2017 Development Plan 12 of 14 net wells in McMullen Area 12.0 50.0 45.0 10.0 40.0 35.0 Capex millions 8.0 Drilling completed for 2017 Gross Wells 30.0 6.0 25.0 Teal-Hoskins and Liberstat pad completions finished…
2017 Development Plan 14 net well IPs drive production growth 10,000 8,000 Q2 increased to 6,600 boe/d. 6,000 boe/d 4,000 Q3 production growth driven by 6 net well IPs in July 2017 2,000 Production mix 70% oil/12%…
2017 Development Plan YTD well results significantly outperforming type curves Atascosa 2016 - 2017 - CUM OIL Performance Dimmit 2016 - 2017 - CUM OIL Performance 15 10 12 8 Normalized CUM OIL , bo/ft Normalized CUM OIL ,…
2017 Development Plan YTD well results significantly outperforming type curves McMULLEN AREA 4 TC 2017 Drilling - CUM BO/FT Performance MCM AREA 3 N-S TC 2017 Drilling - CUM BO/FT Performance 18 8 LLEF TC ULEF TC 16 7 Teal…
2017 Development Plan Cost structure 35.00 30.23 29.77 30.00 24.27 25.00 F&D cost increase due to higher costs on new frac design per boe modeled against recoveries from old designs 20.00 15.00 10.00 Production growth…
Overview of Vitol Revenue Advance Facility Key Benefits / Features 30MM revenue advance repaid through delivery of oil production Addresses near-term liquidity constraints, allowing for execution of 2017 business plan Principal…
Balance Sheet & Hedges Net Debt at June 30 millions 30 million available under Vitol Revenue Advance Revolver debt 67.0 agreement signed in July 2017 Term debt 125.0 Total Long Term Debt 192.0 Borrowing base re-affirmed after sale…
Asset Overview McMullen, Atascosa and Live Oak Counties Proven track-record of improving results Eagle Ford producing wells Sundance acreage 277 gross (233 net) remaining locations with 35 net SEA Non-Op acreage remaining refrac…
Asset Overview Dimmit County Upside in Large Contiguous Position Eagle Ford producing wells 260 gross (228 net) remaining locations with proven stagger stack development SEA acreage Shook EFS 11H 14 EGFD PDP wells IP: 742 boe/d…
Eagle Ford Inventory Analysis Remaining Drilling Locations(1) SEA Drilling Inventory 180 60 160 149 Gross 126 Net 50 132 Gross 140 128 Gross 128 Gross Net Present Value 10% Discount Break-Even Price (/bbl) 116 Net 107…
Summary 2017 Drilling program complete with 4 McMullen completions set for Q4 17 2017 Dimmit / McMullen results proving up economics on large scale inventory Enhanced completion designs resulting in some of our best wells to date…
Appendix 17
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…
Board of Directors Mike Hannell, Chairman 45 years experience in upstream and downstream petroleum industry. Previously held senior positions with Santos Ltd and Mobil Oil. Eric McCrady, Managing Director & CEO Previously CFO of…
Hedge Summary HEDGE CONTRACTS (1) PRICING OIL Boe Bbl Per Day Floor Ceiling 2017 700,599 5,743 Bbls of oil hedged for 2017 49.26 53.51 2018 1,186,060 3,249 Bbls of oil hedged for 2018 49.55 54.40 2019 636,000 1,742 Bbls of oil…
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