Skip to main content 2Q 2018 Earnings Release – Frontera Energy Corp. Investor Presentation | Shale Experts
Loading...
Pm

2Q 2018 Earnings Release – Frontera Energy Corp.

Frontera Energy Corp. · Aug 3, 2018 · 15 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. 2Q 2018 Earnings Release – Frontera Energy Corp. – slide 1
    Positioning for Growth Second Quarter 2018 Earnings Release Conference Call Presentation August 3, 2018
  2. 2Q 2018 Earnings Release – Frontera Energy Corp. – slide 2
    Frontera Energy Corporate Snapshot Capital Structure (U.S.) (1) Q2 2018 Production Mix Shares Outstanding (TSX: FEC; MM) 100 Natural Gas Market Cap (MM)(2) 1,451 Heavy Oil 7% Total Cash(3) /Cash and Cash Equivalents (MM) 730 / 551…
  3. 2Q 2018 Earnings Release – Frontera Energy Corp. – slide 3
    Frontera Energy Key Priorities Sound financial footing, with a strong balance sheet and the flexibility to manage our cash and take advantage of exploration success and other opportunities which become available. To improve the…
  4. 2Q 2018 Earnings Release – Frontera Energy Corp. – slide 4
    Exploration Update Llanos 25 Block in Colombia Acorazado prospect (Llanos 25 Colombia): Acorazado-1 well testing structural closure on trend with proven Cusiana and Cupiagua hydrocarbon fairway Exploration well spud on April 22nd…
  5. 2Q 2018 Earnings Release – Frontera Energy Corp. – slide 5
    Exploration Update Offshore Z-1 Block in Peru Delfin Sur-1 prospect (Block Z-1 Peru): Delfin Sur-1 well started drilling on July 14, 2018 and is expected to reach total depth by the middle of August with the Petrex-10 drilling rig…
  6. 2Q 2018 Earnings Release – Frontera Energy Corp. – slide 6
    Transportation Commitments Summary Over 1.5 Billion Reduction in 2018 Transportation (Ship-or-Pay) December 31, 2017 June 30, 2018 2,876 Other ToP(1) 425 P135(2) CENIT (CLC) 422 677 Bicentenario 420 401 872 1,185 372…
  7. 2Q 2018 Earnings Release – Frontera Energy Corp. – slide 7
    Transportation Costs P-135 Arbitration Settlement, Termination of Ship or Pay Contracts Quarterly Transportation Cost (/boe) 14.19 14.28 12.68 11.77 11.81 Transport Cost (/Boe) Q217 Q317 Q417 Q118 Q218 Fees Paid on Suspended…
  8. 2Q 2018 Earnings Release – Frontera Energy Corp. – slide 8
    Revising EBITDA Guidance Upwards Increasing Brent Oil Price Forecast from 63/bbl to 70/bbl 2018 Updated Guidance Metrics and Year-to-Date Performance 2018 Year to Date Original New Change Operating EBITDA(1) 211MM 375 - 425MM 400 - 450MM…
  9. 2Q 2018 Earnings Release – Frontera Energy Corp. – slide 9
    Second Quarter 2018 Operational & Financial Highlights Strong Financial Results Q2 2018 Q1 2018 % Chg. PRICE / REVENUE / PRODUCTION Brent oil prices increased 12% quarter-over-quarter which helped Total Production (Boe/d)(1) 64,140…
  10. 2Q 2018 Earnings Release – Frontera Energy Corp. – slide 10
    Q2 2018 Operational Highlights Third Party Issues Impact Production Production Profile: Stable Production Mix: Balanced Mboe/d 72.4 71.1 65 -70 70 66.2 Natural Gas 64.4 64.1 60 7% 50 40 37% Heavy 64.1 Oil 30 Mboe/d 20 Light & 56%…
  11. 2Q 2018 Earnings Release – Frontera Energy Corp. – slide 11
    Financial Highlights Strong Balance Sheet and Stable Costs Balance Sheet Metrics (June 30, 2018) Cash Balances(1): Improving millions Total Cash(1) 730 million 800 700 600 132 180 179 99 Cash and Cash Equivalents 551 million 500…
  12. 2Q 2018 Earnings Release – Frontera Energy Corp. – slide 12
    Balance Sheet Strength Strong Cash Position, Low Leverage Ratios Balance Sheet Metrics Total Cash(1) /Cash and Cash Equivalents (MM) 730/551 Net Debt/EBITDA(2) (0.5)x Debt to Book Capitalization(3) 23.2% Interest Coverage(4)…
  13. 2Q 2018 Earnings Release – Frontera Energy Corp. – slide 13
    2018 Brent oil Price Hedging Summary FWD July 25th Floor Ceiling 78 74.87 74.11 74.19 74.18 74.07 73.89 74 70 USD/bble 66 62 61.63 60.05 59.31 59.22 58 54 53.42 52.92 52.00 52.42 50 46 JUL18 AUG18 SEP18…
  14. 2Q 2018 Earnings Release – Frontera Energy Corp. – slide 14
    Frontera Energy Corporate Snapshot Capital Structure (U.S.) (1) Q2 2018 Production Mix Shares Outstanding (TSX: FEC; MM) 100 Natural Gas Market Cap (MM)(2) 1,451 Heavy Oil 7% Total Cash(3) /Cash and Cash Equivalents (MM) 730 / 551…
  15. 2Q 2018 Earnings Release – Frontera Energy Corp. – slide 15
    INVESTOR RELATIONS CONTACT: Grayson M. Andersen Corporate Vice President, Capital Markets Calle 110, No 9 25, Piso 16 Bogota, DC, Colombia +57 (314) 250-1467 gandersenfronteraenergy.ca irfronteraenergy.ca

From the store

Browse maps, data & reports in the Shale Experts store