Skip to main content Flat Castle Utica Shale Acquisition – Eclipse Resources Corp. Investor Presentation | Shale Experts
Loading...
Pm

Flat Castle Utica Shale Acquisition – Eclipse Resources Corp.

Eclipse Resources Corp. · Dec 12, 2017 · 13 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Flat Castle Utica Shale Acquisition – Eclipse Resources Corp. – slide 1
    F LAT C ASTLE U TICA S HALE A CQUISITION NYSE: ECR December 2017
  2. Flat Castle Utica Shale Acquisition – Eclipse Resources Corp. – slide 2
    December 2017 Expansion into New Core Utica Shale Area (Flat Castle Project Area) Eclipse Resources has executed a binding agreement to acquire approximately 44,500 highly contiguous acres in North Central Pennsylvania for 93.7 million…
  3. Flat Castle Utica Shale Acquisition – Eclipse Resources Corp. – slide 3
    December 2017 Attractive Acquisition Attributes The acquisition enables Eclipse to apply its industry leading Super Lateral expertise on a larger asset base at a low cost of entry while not stressing Eclipses balance sheet Adds a…
  4. Flat Castle Utica Shale Acquisition – Eclipse Resources Corp. – slide 4
    December 2017 Significant Inventory Increase Strategic combination substantially increases scale and inventory Acreage Summary Net Undeveloped Shale Acreage High Revenue interest allows for enhanced economics and rates of…
  5. Flat Castle Utica Shale Acquisition – Eclipse Resources Corp. – slide 5
    December 2017 Substantial Market Availability to Support Growth Eclipse has developed a gas marketing plan that provides reliable sales outlets and favorable market access Favorable Market Access Flat Castle Project Area…
  6. Flat Castle Utica Shale Acquisition – Eclipse Resources Corp. – slide 6
    December 2017 Similar Geological Attributes Across Sub-Basins The Flat Castle Project Area is located in a different Utica Shale sub-basin than Eclipses current Ohio acreage; similar geology supports consistency of results Basement…
  7. Flat Castle Utica Shale Acquisition – Eclipse Resources Corp. – slide 7
    December 2017 Strong Regional Gas in Place The Utica Shale gas in place in the Flat Castle Project Area exceeds the Utica Shale gas in place in the Core of Southeastern Ohio The Indian Castle and the Flat Creek sub-members of the…
  8. Flat Castle Utica Shale Acquisition – Eclipse Resources Corp. – slide 8
    December 2017 Similar Reservoir Characteristics Petrophysical evaluation shows highly prospective reservoir conditions across Eclipses acreage footprint 9
  9. Flat Castle Utica Shale Acquisition – Eclipse Resources Corp. – slide 9
    December 2017 Delineation of Flat Castle Project Area by Industry Wells Eclipses Flat Castle acreage sits at the center of the highest gas in place in the Sub-Basin and has been substantially delineated by strong surrounding well…
  10. Flat Castle Utica Shale Acquisition – Eclipse Resources Corp. – slide 10
    December 2017 Eclipse Flat Castle Project Area Type Curves Eclipse has developed two type curves for the Flat Castle Project area a base case and an upside case increased 12% to reflect higher gas in place on Eclipse acreage vs.…
  11. Flat Castle Utica Shale Acquisition – Eclipse Resources Corp. – slide 11
    December 2017 Attractive Flat Castle Project Area Type Curves Well costs and returns assume higher completion costs without an assumed increase in production Base Case Upside Case IRR4 Base Case Upside Case Lateral Length 16,000…
  12. Flat Castle Utica Shale Acquisition – Eclipse Resources Corp. – slide 12
    December 2017 Premier Pro Forma Utica and Marcellus Assets1 Pro Forma for the acquisition, Eclipse has 393 risked future extended reach lateral locations in type curve areas achieving over 50% IRR3 in 100% of the locations Returns…
  13. Flat Castle Utica Shale Acquisition – Eclipse Resources Corp. – slide 13
    December 2017 Flat Castle Development Plan and Strategy Eclipse has a fully planned development program covering the Flat Castle Project Area Development Metrics 100 gross (87 net) locations Average NRI: 82% Very few size…

From the store

Browse maps, data & reports in the Shale Experts store