Roan Snapshot Company Overview Largest Contiguous Acreage Position in Core of Anadarko Basin 49 MBoe/d net production (26% oil, 30% NGLs) as of 1Q19 53 MBoe/d net current production(1), with 28% being oil (or 56 Acreage Position (Net…
1Q 2019 Highlights Metric 1Q 2019 1Q 2018 Adjusted EBITDAX(1) 73MM 74MM 49 MBoe/d 37.7 MBoe/d Total Production (31% oil, 26% NGLs, 43% gas) (26% oil, 30% NGLs, 44% gas) Total Capital 173MM 108MM Drilled wells(2) 19 12 Lateral…
2019 Focused Activity Current Activity: 2019 Focused Activity Map: Current production is 53 MBoe/d (when normalized for ethane recovery) 2Q 4Q 2019 activity is focused in the east Merge (oil window) and the west Merge (deep,…
Benefits of Pressure Management are Evident in 4Q 2018 wells 4Q 2018 results(1): 16 optimized wells continue to demonstrate low decline rates Average 90-day rate of 1,059 Boe/d with 50% oil, 20% NGLs and 30% gas Average 120-day…
Updated 2019 Guidance Summary 2018A 2019E 2019 Plan Highlights Total Capex (MM) 773 515 - 555 Production (MBoe/d) 43.7 51.5 55.5 Reducing capital activity to focus on Oil Mix 27% 25.5% 27.5% generating free cash flow by fourth…
Current Hedge Summary As of May 14, 2019: 2Q19 3Q19 4Q19 Bal 2019 2020 Oil Hedges Volume Hedged Daily (Bbls/d) 13,057 14,151 15,051 14,091 9,370 Average Hedge Price (/Bbl) 60.24 60.04 59.91 60.05 60.57 Natural Gas Hedges Volume…
All 4Q 2018 Well Results Normalized to 10,000-foot lateral At 90-day rate 30-day IP 90-day IP 120-day IP 150-day IP Well Name Formation Oil % NGL% (Boe) (Boe) (Boe) (Boe) DON'S RANCH 6-31-9-5 1MXH Mayes 1,707 1,512 1,437 1,371 65% 15%…
10+ Years of Quality Inventory 2018 tested Woodford and Mayes designs, co-completions and independent spacing STACK 2019 program will co-develop of Woodford and Mayes to produce maximum unit efficiency within our large,…
Non-GAAP Reconciliations Adjusted EBITDAX is a non-GAAP financial measure. We define Adjusted EBITDAX as net income (loss) adjusted for interest expense, income tax (benefit) expense, depreciation, depletion, amortization and accretion,…