Sundance Energy August 2018 Presentation sundanceenergy.net
A Leading Pure Play Eagle Ford Producer Premier Asset Base ASX Symbol: SEA 56,500 net acres primarily in the Eagle Fords Oil and Volatile Oil Window Nasdaq Symbol: SNDE Market Cap(2): 367 MM 461 undrilled Tier1 Eagle Ford locations…
Investment Highlights High Quality Asset Base with Material Inventory 12+ years of Tier1 drilling inventory(2) with 963.6 MM of 2P PV10 as at year end 2017(1) 1P & 2P reserves PV10 values increase by 262 MM and 367 MM respectively at…
2018 and 2019 Summary Guidance(1) Delivering Substantial Operational and Financial Growth Over the Next 18 Months 2Q First Half Full Year Full Year 2018 2018 2018 2019 Average P roduc tion (boe/d): 7,000 7,500 7,000 7,500 9,000 10,000…
Successfully Executing Development Plan FixedPrice Service Contracts All contracts at fixed rates inline with previously announced capital budget Executed one year and three month contracts for two builttosuit 1500 horsepower Patterson…
Year to Date 2018 Development Legacy Acreage Legacy Acreage Development Detail 2 Peeler Ranch Two Well Pad Five wells drilled, completed and brought online Peeler Ranch 8HC & 9HC Well results to date in line with production…
Year to Date 2018 Development Newly Acquired Acreage Newly Acquired Acreage Development Detail Seven DUC wells drilled and awaiting completion 5 Justin Tom Two Well Pad 7 James Keith Esse Four Well Pad Currently drilling the Idylwood…
Year to Date 2018 Development Results vs Type Curve Peeler Ranch 8H & 9H Actual Performance vs Type Curve(1) Paloma Ranch 7H Actual Performance vs Type Curve(1) (1) Actual initial production results as compared to internal Company…
Year to Date 2018 Development Guided vs Estimated Well Costs(1) Guided D&C Costs vs Estimated D&C Costs (US Millions) (12)% (12)% 25 Year to date estimated well drilling & completion costs have been in line with 20 Sundance…
Premier Asset Base & Drilling Inventory Over 12 Years of Highest Quality Tier 1 Eagle Ford Drilling Inventory (1) 56,500 net acres primarily in the Eagle Fords Oil and Volatile Oil Windows Highly attractive single well economics (65%…
Highly Attractive Returns Across Asset Base Well level returns withstand stresstesting under different commodity pricing and capital cost scenarios Live Oak County Atascosa County 25% 25% La Salle County McMullen County…
Current Fracturing Design & Evolution Evolution of Sundances Gen5 Frac Design Testing improved performance and cost reduction through greater use of 100 Mesh sand frac treatment (up to 100%) Substantial cost savings potential through…
Proactive Hedging Program Provides Downside Protection Hedging covers 66% of 2018 and 39% of 2019 forecast oil production(1) Oil Hedges(1) Gas Hedges(1) 6,000 80.00 8,000 3.50 5,000 70.00 3.00 60.00 4,000 6,000 2.50 50.00 2.00…
Pathway to Value 12+ years of highly attractive Tier 1 drilling inventory with 963.6 MM of 2P PV10 as at year end 2017(1) 1P & 2P reserves PV10 values increase by 262 MM and 367 MM respectively at current strip prices(2) Sundance…
Appendix I Reserve Estimate Assumptions
Glossary Term Meaning 1P Or proved reserves are those reserves that should have at least a 90% probability that the quantities actually recovered will meet or exceed the estimate 2P Or the Sum of Proved Reserves plus Probable…
Glossary Term Meaning GPI Gross perforated interval Held By Production Held By Production or HBP provisions extend the leasing energy companys right to develop and operate the property beyond the initial lease term as long as it is…
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