Skip to main content 1Q 2018 Earnings Call – Jagged Peak Energy Inc Investor Presentation | Shale Experts
Loading...
Pm

1Q 2018 Earnings Call – Jagged Peak Energy Inc

Jagged Peak Energy Inc · May 11, 2018 · 17 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. 1Q 2018 Earnings Call – Jagged Peak Energy Inc – slide 1
    1st Quarter 2018 Earnings Call May 11, 2018
  2. 1Q 2018 Earnings Call – Jagged Peak Energy Inc – slide 2
    Jagged Peak A Leading Delaware Basin Pure Play Leasehold Map 1Q18 net production of 27,596 Boe/d, an increase of 15% compared to 4Q17 2Q18 net production guidance of 31,000 - 32,000 Boe/d Cochise 1Q18 leasehold of 77,700 net…
  3. 1Q 2018 Earnings Call – Jagged Peak Energy Inc – slide 3
    Production Ramp Continues Year-over-year production growth of 182% 1Q18 versus 4Q17 growth of 15% On track for 2Q18 net production of 31,000 - 32,000 Boe/d (24,500 - 25,500 Bo/d) Placed on production 9 wells quarter-to-date (1) FY…
  4. 1Q 2018 Earnings Call – Jagged Peak Energy Inc – slide 4
    Integrating 3D Seismic Into Core Development Program 3D Seismic Update Leasehold Map (1) Cochise: Complete Whiskey River: Fast tracked data arriving now with full data anticipated in August Cochise Big Tex: Data acquisition…
  5. 1Q 2018 Earnings Call – Jagged Peak Energy Inc – slide 5
    Continued Efficiency Improvements Drilling Performance Drilling Commentary 13% QoQ improvement in footage drilled per Footage Drilled per Day Per Rig 760 day Mud system design change implemented across 671 the rig fleet 633…
  6. 1Q 2018 Earnings Call – Jagged Peak Energy Inc – slide 6
    First Quarter 2018 Operating Results 1Q17 1Q18 % Change Average Daily Production Oil (MBo/d) 8.3 21.9 164% NGL (MBbl/d) 0.8 2.7 224% Gas (MMcf/d) 4.1 18.5 350% Total (MBoe/d) 9.8 27.6 182% Cash Opex ( / Boe) LOE 1.83 3.91…
  7. 1Q 2018 Earnings Call – Jagged Peak Energy Inc – slide 7
    Flow Assurance Oil Takeaway Secured Regional Gathering & Transportation Overview Substantially all oil production currently on pipe Committed shipper on Oryx gathering system Midland Regional Hub providing flow assurance to key…
  8. 1Q 2018 Earnings Call – Jagged Peak Energy Inc – slide 8
    2018 Guidance Development Program Highlights 2018 Guidance Summary 2018 capital focused on managing activity in coordination 2018 Guidance Range with data acquisition and interpretation while increasing Production production and…
  9. 1Q 2018 Earnings Call – Jagged Peak Energy Inc – slide 9
    Strong Financial Position Focus on discipline and financial flexibility Maintain conservative capital structure and liquidity Capitalization Table as of March 31, 2018 Well capitalized balance sheet As of Pro Forma Pro Forma in…
  10. 1Q 2018 Earnings Call – Jagged Peak Energy Inc – slide 10
    Appendix 10
  11. 1Q 2018 Earnings Call – Jagged Peak Energy Inc – slide 11
    2018 Strategic Initiatives Increase technical understanding of the reservoir system by integrating 3D seismic, core, fluid, pressure and log data into the development program Demonstrate capital discipline and strict cost control by…
  12. 1Q 2018 Earnings Call – Jagged Peak Energy Inc – slide 12
    Hedging Update WTI Swaps 52.43 52.69 54.17 54.46 54.82 54.82 54.82 54.82 22,500 Weighted Average WTI Oil Price Oil Volumes Hedged (Bbls/d) 20,000 50.00 17,600 17,450 17,500 71% of oil production guidance 15,597 15,516…
  13. 1Q 2018 Earnings Call – Jagged Peak Energy Inc – slide 13
    Significant Upside Beyond Target Zones Whiskey River Type Log Collier 1201 Current location inventory includes Current Location Inventory the well-delineated Upper / Lower Active Appraisal Wolfcamp A, Wolfcamp B, 3rd Bone Upside…
  14. 1Q 2018 Earnings Call – Jagged Peak Energy Inc – slide 14
    Leasehold Summary Leasehold Stats Leasehold Map Cochise 12,900 net acres 51% HBP Cochise 0% CDO 304 future drilling locations (1) Whiskey River 35,800 net acres 76% HBP 4% CDO 1,201 future drilling locations (1) Whiskey…
  15. 1Q 2018 Earnings Call – Jagged Peak Energy Inc – slide 15
    Extensive Drilling Inventory With Long Laterals Current Target Drilling Locations in Well Delineated Formations Identified Locations by Formation TBD TBD 600+ 2,700 WDFD WC C 778 116 2,083 660' Spacing 472 717…
  16. 1Q 2018 Earnings Call – Jagged Peak Energy Inc – slide 16
    Water Infrastructure Overview Designed to meet future production needs with cost reduction in mind Jagged Peaks 100% owned water system provides 100% of the Companys source and disposal requirements for its current drilling program…
  17. 1Q 2018 Earnings Call – Jagged Peak Energy Inc – slide 17
    Non-GAAP Reconciliation Three Months Ended Twelve Months Ended March 31, December 31, 2018 2017 (in thousands) (in thousands) Adjusted Net Income (Loss) Net income (loss) (39,403) (465,881) Adjustments to reconcile to Adjusted net…

From the store

Browse maps, data & reports in the Shale Experts store