Skip to main content Investor Presentation – MDU Resources Group Inc. | Shale Experts
Loading...
Pm

Investor Presentation – MDU Resources Group Inc.

MDU Resources Group Inc. · Jan 31, 2013 · 14 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. Investor Presentation – MDU Resources Group Inc. – slide 1
    Exploration & Production Building A Strong America J. Kent Wells President and CEO 1
  2. Investor Presentation – MDU Resources Group Inc. – slide 2
    Exploration & Production Headquartered in Denver, CO Two producing regions: Rocky Mountain Region 76% of proved reserves* Mid-Continent/Gulf States 24% of proved reserves* Q4 2012 production 28 MBOE/d 44% Oil 8% Natural Gas…
  3. Investor Presentation – MDU Resources Group Inc. – slide 3
    Growth Strategy Exploration & Production Significantly grow earnings and NAV Plan to invest approx. 400 million in 2013 Projecting 25-30% oil production increase Targeting oil to maximize profitability Solid set of assets to grow…
  4. Investor Presentation – MDU Resources Group Inc. – slide 4
    Oil Growth 1,200 Oil Production by Quarter Increased oil production by 36% in 2012 1,000 4Q 2012 oil production 800 increased to 1.1 million barrels (59%) over 4Q 2011 1,139 600 2012 Oil Reserve 912 876 Replacement…
  5. Investor Presentation – MDU Resources Group Inc. – slide 5
    Bakken Oil Play 4Q 2012 oil production up 77% over 4Q 2011 2012 Oil Production 200 million in capital spending planned for 2013 2.1 Million Mountrail County Current 2 rig program drilling Net Barrels Middle Bakken & Three Forks wells…
  6. Investor Presentation – MDU Resources Group Inc. – slide 6
    Paradox WY Paradox Basin UT CO Grand County Exploration & Production Cane Creek Unit Approx. 92,000 net acres, AZ San Juan County plus 20,000 acres under option CCU 12-1 well producing 1,500 BOPD gross since Sept.…
  7. Investor Presentation – MDU Resources Group Inc. – slide 7
    Paradox Basin Clastics Upside Stratigraphic Cross Section NW SE Ismay Salt 1 Clastic 1 Clastic 2 Clastic 4 Clastic 5 Clastic 7 Clastic 8 Clastic 9 Clastic 10 Clastic 12 Clastic 14 Clastic 18 Cane Crk. Base…
  8. Investor Presentation – MDU Resources Group Inc. – slide 8
    Paradox Basin Growth Upside Exploration & Production Current Development Area - Cane Creek Shale only Total 3P P90 case = Approximately 13 MMBO New Seismic Area Cane Creek Shale only P90 case = Approximately 15 MMBO Hatch Point…
  9. Investor Presentation – MDU Resources Group Inc. – slide 9
    South Texas Exploration & Production Hold approx. 9,000 net acres Multi-zone potential (stacked pays) Liquids rich gas Plan to invest approx. 40 million in 2013 Estimated gross EUR 250 400 MBOE per well E&P Building A…
  10. Investor Presentation – MDU Resources Group Inc. – slide 10
    Other Project Areas Exploration & Production Heath Shale Established production but current levels below desired rate of return Continue study Central Texas Appraisal work indicates project lacks materiality Niobrara Initial…
  11. Investor Presentation – MDU Resources Group Inc. – slide 11
    Operational Improvements Exploration & Production Well Cost Efficiency Gains Bakken (1280 Acre Lateral With 30 Stages) 1Q 2012 - 8.5 - 9.5 million 1Q 2013 - 7.0 - 7.5 million Paradox (1st Well On Pad) 1Q 2012 - 8.0 + million…
  12. Investor Presentation – MDU Resources Group Inc. – slide 12
    2012 Reserves: Transitioning to Oil Exploration & Production MBO 12/31/2011 Reserves 97.7 MBO RR(a) Total Additions 147% 14.8 Oil Additions 9.9 267% NGL Additions 1.8 219% Natural Gas (18.4 Bcf) 3.1 55% 2012 Production (MBO)…
  13. Investor Presentation – MDU Resources Group Inc. – slide 13
    2013 Outlook Exploration & Production Returns Based Investment Philosophy Hedged to Support Oil Growth Accelerating oil growth 2013 25% to 30% increase in oil production Led by growth in Bakken & Paradox Amount hedged (BOPD) Oil…
  14. Investor Presentation – MDU Resources Group Inc. – slide 14
    Exploration & Production Building A Strong America 14

From the store

Browse maps, data & reports in the Shale Experts store