7G CORPORATE PROFILE Corporate Highlights Premier Alberta Montney Pure-Play Canadas Largest Condensate Producer 69 Mbbl/d of condensate production in Q2 2018 150 bbls/MMcf condensate-gas-ratio in Q2 2018 Diversity of Product Stream…
LEVEL 1 CORPORATE POLICY Stakeholder Differentiation We believe that companies have only the rights given to them by society. While people have a natural entitlement to basic rights, corporations are an instrument created by society to…
SEVEN GENERATIONS KEY FOCUS AREAS Balancing production growth with free cash flow profile Profitable Revenue growth driven by increasing liquids production and strong condensate pricing Growth Improving production volatility and…
TRACK RECORD OF INDUSTRY LEADING RETURNS AND FUNDS FLOW PER-SHARE GROWTH 7G Quarterly & Annual Funds From Operations per Diluted Share (/sh)(2) 5.00 H1/18 Annualized - 4.48/sh Quarterly FFO per share has increased 2.5X since IPO 4.50…
2018 BUDGET - A PRODUCTION BASE THAT DRIVES FREE CASH FLOW Corporate Production MBOE/d 2018 Guidance(1) 250 Total Production (MBOE/d) 200 210 Liquids Production (%) 58 60% 200 Condensate Production (%) 35 36% NGL Production (%)…
2018 BUDGET: CAPITAL INVESTMENT AND CASH FLOWS 2018 Budget Capital Investment & Funds Flow(1)(2) Funds From Operations 1,725 MM - Sustaining Capital US65.00/bbl WTI 1,775 MM = Free Cash Flow Funds 2019 & Beyond Investment…
CONDENSATE PREMIUM PRICING DRIVES RETURNS Albertas Largest Condensate Producer 350,000 Alberta Condensate Production Other 2018 Alberta condensate demand is estimated to be approx. 550,000 bbl/d 300,000 Seven Generations…
7GS NEST MONTNEY DEVELOPMENT AREA 7G Reserves & Resources by Classification & Play Area Development Inventory(1) 1,400 Locations across Nest development area: Nest 1 500 Locations Nest 2 700 Locations South 140 West 100 North…
DEVELOPMENT AREA FORECAST ECONOMICS Nest 2 Nest 1 Key Stats Nest 3 (2014) Weighted South East West North Average IP30 (boe/d) 1,250 2,000 1,950 - 2,350 IP365 (boe/d) 675 1,400 1,150 - 1,650 DCET Cost (MM) 9.5 11.0 10.5 -…
EVOLVING COMPLETIONS TO OPTIMIZE RETURNS Increased Tailored to Nitrogen High Intensity Slickwater Stages, Less Address Foam Slickwater Completions Tonnage per Regional Completions Completions stage Attributes 2014 2015…
MARKET ACCESS PRODUCT AND LOCATION DIVERSITY Product & Geographical Diversity 2018 Forecasted Revenue by Product(1)(2) Condensate Close proximity to major demand centre (oil sands) Alberta condensate trades in-line with WTI…
INFRASTRUCTURE SUMMARY Infrastructure Footprint Natural Gas Processing: 760 MMcf/d capacity 510 MMcf/d owned & operated Access to 3rd party capacity of up to 250 MMcf/d Building an additional 250 MMcf/d at Gold Creek…
CANADIAN PEER PROCESSING CAPACITY Owned & Operated Natural Gas Processing Capacity (MMcf/d) 1,600 1,400 Processsing Capacity (MMcf/d) 1,200 1,000 800 600 400 200 0 A B C D 7G E F G H I J K L M 1 Source:…
BEYOND THE NEST DEVELOPMENT POTENTIAL IN OTHER HORIZONS Significant scale and potential future development upside in Montney & other formations 230 net sections with 120 locations identified (Falher, Wilrich, etc.) Spirit River…
THE 7G VALUE PROPOSITION Among North Americas lowest supply cost oil and condensate producers Asset Quality Canadas largest condensate producer 800 net sections of Montney rights with decades of drilling opportunities…
Appendix 18
CURRENT HEDGE POSITION Hedge Position June 30, 2018 2018 2019 2020 2021 Q3 2018 Q4 2018 H2 2018 Q1 2019 Q2 2019 Q3 2019 Q4 2019 2019 Q1 2020 Q2 2020 Q3 2020 Q4 2020 2020 Q1 2021 Q2 2021 H1 2021 Liquids Hedging Total WTI Hedged -…
SELECTED FINANCIAL AND OPERATIONAL INFORMATION VII - Recent Quarterly Results OPERATING RESULTS Q2 2018 Q1 2018 Q4 2017 Q3 2017 Q2 2017 Q1 2017 Q4 2016 Q3 2016 Q2 2016 Q1 2016 YE 2017 YE 2016 Average daily production (1) Condensate…
SWEET SPOT OF THE MONTNEY Over Pressured High Productivity Brittle Rock High Recovery Factor Thickness Large Resources in Place Lower Temperature High Liquids Content Sources: Canadian Discovery Ltd. & Graham Davies Geological…
RESPONSIBLE DEVELOPMENT HIGHLIGHTS Safety Environment Community Safety first Low GHGs GP Hospital 0.64 TRIF in 2017 0.0126 carbon intensity(1) 1.7 million raised Building a culture of safety Among lowest carbon 7Gs annual…
DEFINITIONS AND ABBREVIATIONS AECO physical storage and trading hub for natural gas on the TransCanada Alberta transmission Mcf thousand cubic feet system mcfe thousand cubic feet equivalent avg average MM million bbl or bbls barrels…
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