Skip to main content UBS Global Oil and Gas Conference – Encana Corp Investor Presentation | Shale Experts
Loading...
Pm

UBS Global Oil and Gas Conference – Encana Corp

Encana Corp · May 21, 2019 · 11 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. UBS Global Oil and Gas Conference – Encana Corp – slide 1
    UBS Global Oil & Gas Conference Doug Suttles President & CEO Austin, TX I May 21, 2019
  2. UBS Global Oil and Gas Conference – Encana Corp – slide 2
    Year-to-date ‘19 Highlights • Delivered the synergies identified in our Newfield acquisition o Target: $125 million in annualized G&A savings – Annualized G&A reductions now estimated at $150 million o Target: reduce STACK well cost…
  3. UBS Global Oil and Gas Conference – Encana Corp – slide 3
    Disciplined Approach To Capital Allocation Priority #3 - Sustain Business Maintain cash flow? and liquids production in core areas Priority #2 – Dividends* Sustain current dividend Priority #1 - Financial Strength Manage leverage at…
  4. UBS Global Oil and Gas Conference – Encana Corp – slide 4
    P R O D U C T I O N E F F I C I E N C Y 4 Track Record of Efficient Liquids Growth • Permian and Montney liquids have grown >2.5x since 2016 - 5 10 15 20 25 30 35 Permian Montney Anadarko $000/Flowing BBL Q4 Liquids…
  5. UBS Global Oil and Gas Conference – Encana Corp – slide 5
    Execution Rapidly Improving Anadarko Returns T H E E N C A N A A D V A N T A G E Increased pad dimension accommodates drivethrough access to reduce wait times and improve safety PropX sand system reduces costs, ensures supply…
  6. UBS Global Oil and Gas Conference – Encana Corp – slide 6
    0 50 100 150 200 0 30 60 90 120 150 Cumulative Production (MBOE) Days Type Curve Q1 Average Q1 2019 STACK Operated Well Performance* Anadarko R E P E A T A B L E W E L L P E R F O R M A N C E • 31 net STACK wells on-stream in…
  7. UBS Global Oil and Gas Conference – Encana Corp – slide 7
    Permian • 33 net wells on-stream in Q1 o Consistent well performance across all counties • Q1 production of 91 MBOE/d o 3.2 MBOE/d shut-in due to third party midstream outages – 1.9 Mbbls/d of NGLs and 8 MMcf/d of natural gas • ~98…
  8. UBS Global Oil and Gas Conference – Encana Corp – slide 8
    Montney • 15 net wells on-stream in Q1 o On track for 70 – 80 net wells in 2019 • Q1 production of 207 MBOE/d o 4.3 MBOE/d shut-in due to midstream curtailments – 1.1 Mbbls/d of liquids and 19 MMcf/d of gas • Q1 program exceeding…
  9. UBS Global Oil and Gas Conference – Encana Corp – slide 9
    Disciplined Financial Management D E B T P O R T F O L I O A S A T M A R C H 3 1 , 2 0 1 9 • Committed to maintaining a strong balance sheet • Significant financial flexibility • Well-dispersed maturity profile • Multi-basin model…
  10. UBS Global Oil and Gas Conference – Encana Corp – slide 10
    Our 2019 Focus A P R E M I E R E & P • Further reductions in Anadarko well costs • Demonstrate repeatable cube development results in Anadarko • Complete share buyback program • Maintain capital discipline o Deliver on production…
  11. UBS Global Oil and Gas Conference – Encana Corp – slide 11
    A Premier E&P Financial Strength Investment grade profile Return of Capital $1.25 billion share buyback and 25% increase in annual dividend* Sustainable Free Cash Flow Unique position as generator of sustainable free cash flow? in…

From the store

Browse maps, data & reports in the Shale Experts store