Positioning for Growth First Quarter 2018 Earnings Results: May 11, 2018
Frontera Energy Corporate Snapshot Q1 2018 Production Mix Capital Structure (Mar. 31, 2018)(1) Natural Gas Shares Outstanding (TSX: FEC; MM) 50 Heavy Oil Market Cap (MM)(2) 1,563 7% Total Cash(3) /Cash and 3 Cash Equivalents (MM)…
2018 Outlook and Guidance Investing for Growth 2018 Capital Expenditures and Other Forecasts 2018 Outlook Q1 2018 Results Operating EBITDA(1)(2) 375 - 425MM 86MM Capital Expenditure(2) 450 - 500MM 79MM Average Annual Net…
Q1 2018 Operational Highlights Peru Reactivations Offset Colombia Social Issues and Declines Production Profile: Stable Production Mix: Balanced Mboe/d 72.5 72.4 71.1 65 -70 70 64.4 66.2 Natural Gas 60 7% 50 40 38% Heavy Oil 66.2…
Fronteras Strategic Initiatives Stable Production Profile with Exploration and Strategic Initiative Upside 1. Anticipates the ability to deliver stable production of between 65-70 Mboe/d based on existing 2P reserves and 3P…
First Quarter 2018 Operational & Financial Highlights Production Growth and Improving Netbacks Q1 2018 Q4 2017 % Chg. PRODUCTION / REVENUE / PRICE Production increased as a result of the reactivation of activities at Total Production…
2018 Brent Oil Price Hedging Summary Better Oil Price Exposure in the Second Half of 2018 Floor Ceiling FWD May 11th Positions executed as of today 78 77.14 76.73 76.56 76.26 75.80 75.30 74 71.74 70 69.07 USD/bble 66.68…
Financial Highlights Improving Balance Sheet and Costs Balance Sheet Metrics (March 31, 2018) Cash Balances(1): Improving millions Total Cash(1) 696 million 700 600 132 180 90 99 Cash and Cash Equivalents 516 million 500 400…