DISCLAIMER - CONTD Any well economics provided in this presentation are based on the average historical estimates of reserves for wells drilled in the respective areas in which RMP has an interest and there is no certainty that future…
CORPORATE PROFILE TSX Trading Symbol RMP Current Market Capitalization 1.0 billion Common Shares outstanding 122.1 million Stock Options outstanding 10.4 million Warrants outstanding 2.0 million Directors & Officers ownership…
COMPANY ATTRIBUTES Balance Sheet Strength - low leverage relative to peers Net Debt estimate: 115 million (YE 2014) Bank line of credit: 175 million - significant unutilized credit capacity Exposure to Profitable Light Oil Plays…
2014 UPDATED GUIDANCE Fiscal 2014 E&D Capital Spending 170 million Production: 67% over Annual Avg. (boe/d) 11,500 FY2013 Oil/NGL (%) 55 Cash Flow (Funds from Operations) 165 million 89% over Per basic share 1.36 FY2013…
STRONG ORGANIC PRODUCTION GROWTH SIGNIFICANTLY INCREASED LIGHT OIL WEIGHTING 12,000 11,500 - 266% production increase (FY2014e) since Orleans RTO (Q211) 10,000 55% 8,000 6,872 boe/d 6,000 5,356 53% 4,000 43%…
FIELD OPERATING NETBACK EXPANSION INCREASED INTERNAL CASH FLOW GENERATING CAPABILITY 50.00 46.42 Field Netbacks Opex 45.36 45.00 40.00 35.12 Field Netbacks 35.00 30.40 Operating Costs 30.00 25.00 23.66 20.00 15.00…
CORE OPERATING AREAS Light oil exploration and development Waskahigan/Grizzly Ante Creek Big Muddy Natural gas potential Kaybob Pine Creek Ricinus 9
REGIONAL MONTNEY FAIRWAY Significant land position in the Montney fairway 136 gross (132.9 net) sections in fairway; 98% W.I. + 300 oil locations at 4 wells/section + 25 natural gas locations Significant low risk development…
ANTE CREEK MONTNEY LIGHT OIL Development 36.75 sections 97.2% W.I. 18 wells drilled to date; 11 currently on production Well performance continues to be exceptional. Infrastructure build-out facilitates significant production…
ANTE CREEK MONTNEY HORIZONTAL OIL WELL PRODUCTION Ante Creek Well Economics: (D,C,C) (Light Oil) (Oil equiv.) Well Cost Reserves Reserves F&D Netback ROR NPV 10% (1) 3.6 MM 450 Mbbls 540 MBOE 6.75/boe 46/boe 200% 15.2 MM Note 1:…
ANTE CREEK WELL PERFORMANCE 13
ANTE CREEK INFRASTRUCTURE The major facility expansion was completed end-February 2014 on-time and on-budget, and included a dual, 35 km 8 gas and 8 oil pipelines connection to Waskahigan Additional expansion will increase the…
WASKAHIGAN / GRIZZLY MONTNEY LIGHT OIL 68.25 sections 100% W.I. 9 well program for 2014; 6 wells drilled to date Potential for up to 205 additional locations. Pool details Avg. OOIP/Section: 8 MMBOE 38o API Light Oil GOR:…
WASKAHIGAN MONTNEY LIGHT OIL 100% RMP-owned Oil Battery Current capacity: 6,000 bbls/d oil 10 mmcf/d natural gas Facility ownership benefits: Low operating costs Quick tie-in of new wells 16
WASKAHIGAN MONTNEY OIL Waskahigan Well Economics: (D,C,C) (Light Oil) (Oil equiv.) Well Cost Reserves Reserves F&D Netback ROR NPV 10% (1) 3.9 MM 118 Mbbls 191 MBOE 20/boe 55/boe 62% 3.2 MM Note 1: Assumed pricing of 86/bbl oil…
KAYBOB MONTNEY NATURAL GAS 28 sections 92% W.I. Significant low risk gas inventory; modern completion techniques should enhance rates of return 25 development locations identified Infrastructure is established; quick…
APPENDIX 19
DIRECTORS Craig Stewart Executive Chairman of RMP Energy Inc. Doug Baker Independent Businessman John Brussa Partner, Burnet Duckworth & Palmer LLP John Ferguson President and CEO of RMP Energy Inc. Andrew Hogg President and CEO of…
MANAGEMENT TEAM Craig Stewart Executive Chairman John Ferguson President and CEO Dean Bernhard Vice President, Finance and CFO Brent DesBrisay Vice President, Geosciences Jon Grimwood Vice President, Exploration Greg Kubat…
MANAGEMENT TRACK RECORD Senior management team has worked together for over 20 years Successfully grown and managed companies from 1,000 boe/d to 120,000 boe/d Team has invested over 5.0 billion in WCSB since 1992 Team is a…
PINE CREEK WILRICH NATURAL GAS 6.25 net sections, 63% W.I. Wilrich development 7 wells currently producing from Wilrich (40% W.I.; Peyto operated) Currently producing 500 boe/d 23
RICINUS LIQUID RICH NATURAL GAS 53 sections, 65% W.I. Deep Basin stratigraphy provides a resource style area Potential zones: Cardium Viking Glauconite Ellerslie Cadomin 24
SIX MONTHS ENDING JUNE 30, 2014 FINANCIAL RESULTS Six Months ended June 30, (thousands except share data) 2014 2013 % Change Funds from operations 83,902 41,349 103 Per share basic 0.70 0.39 79 Net Income 28,235 6,801 315 Net…
SIX MONTHS ENDING JUNE 30, 2014 OPERATING RESULTS Six months ended June 30, (6:1 oil equivalent conversion) 2014 2013 % Change Capital Spending ( thousands) 70,889 57,942 22 Average Daily Production: Crude Oil (bbls/d) 6,116…
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