2019 Annual General Meeting 31 May 2019 sundanceenergy.net
A Leading Pure Play Eagle Ford Producer Transformational 2018 Built On Pioneer Acquisition and Exceptional Well Results Brought 23 wells online in 2018, the majority of which vastly outperformed type curve ASX Symbol: SEA Full year…
Eagle Ford Shale Basin Overview Proximity to both HSC Refining and Corpus Christi export markets provides optionality and premium pricing Houston Ship Channel Refining Market Sundance currently receives netback pricing of WTI plus…
Sundance Energy Investment Highlights High Quality Asset Base Material Inventory With Low Full-Cycle Break Even Costs 17+ years of highly attractive Tier 1 drilling inventory with 1,110MM of 1P PV10 as at year end 2018(1) Full-cycle…
Summary Quarterly and Full Year 2019 Guidance(1) 2019 Plan Is To Operate Within Cashflow to Deliver Production and Cash Flow Growth While Deleveraging Second Quarter Full Year 2019 2019 Average Sales Volumes (boe/d): 13,500 - 14,000…
Assets Deliver Attractive Returns At Lower Oil Prices Over 17 Years of Highest Quality Tier 1 Eagle Ford Drilling Inventory (1) Drilling Inventory By Location Area Atascosa La Salle Live Oak McMullen 21 McMullen 32 McMullen Dimmit…
Capitalization Table and Available Liquidity Strong balance sheet and significant liquidity, with no debt maturities until 4th Quarter of 2022 Available Liquidity(2) As of 31 March 2019 Spring borrowing base redetermination increased…
Corporate Debt Overview Reserve Based Loan A Note On Reserve Based Loans Amount: 170.0 MM availability; 95 MM drawn(1) Reserve Based Loans effectively function as revolvers. Redetermination: Bi-annually Availability represents amount…
Debt Maturity and Service Schedule Cash flow is more than adequate to service Sundances peak debt through maturity Ample Cash Flow Available for Debt Service No debt maturities until 4th Quarter of 2022 Even just running 2019 EBITDA…
Valuation Discount & Moderate Leverage Significant Valuation Discount and Moderate Leverage Compared to Small/Mid Cap & Eagle Ford Peer Groups(1) 2019 anticipated to be a deleveraging year, with peak net debt coming in 2Q19 8.0x 7.0x…
Robust 2019 Hedge Book Guarantees Strong Cash Flow Generation Hedging covers 85% of 2019 forecast oil sales volumes at an average 62 per barrel floor price(1) Oil Hedges(1) Gas Hedges(1) 9,000 80.00 9,000 3.50 8,000 70.00 8,000 3.00…
Appendix: Reserves Assumptions
For Additional Information Please Contact: United States John Roberts, VP Finance & Investor Relations jrobertssundanceenergy.net +1 (720) 638-2400 Eric McCrady, CEO & Managing Director emccradysundanceenergy.net +1 (303) 543-5703…