Skip to main content June 2019 Corporate Presentation – Petroquest Energy Inc. | Shale Experts
Loading...
Pm

June 2019 Corporate Presentation – Petroquest Energy Inc.

Petroquest Energy Inc. · Jun 26, 2019 · 14 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. June 2019 Corporate Presentation – Petroquest Energy Inc. – slide 1
    Company Update June 2019
  2. June 2019 Corporate Presentation – Petroquest Energy Inc. – slide 2
    Situation Update PetroQuest successfully completed its financial restructuring on February 8, 2019 The Company has enhanced its balance sheet position by eliminating approximately 295 MM in debt and preferred equity obligations…
  3. June 2019 Corporate Presentation – Petroquest Energy Inc. – slide 3
    Our Strategy Today Focus on aligning capex and cash flow and improving relative leverage metrics through underlying EBITDA growth Build value for shareholders and drilling partners utilizing a capital allocation weighted toward…
  4. June 2019 Corporate Presentation – Petroquest Energy Inc. – slide 4
    PetroQuest Asset Overview Total Company Operating Update 49,500 net acres 46 mmcfe/d production A East Texas 130 bcfe proved reserves / 2.7 tcfe 3P reserves* PQ 31 online early 2019 at IP rate of 11.7 mmcfe/d 670 gross locations…
  5. June 2019 Corporate Presentation – Petroquest Energy Inc. – slide 5
    East Texas Asset Overview PetroQuests East Texas assets are situated in the East Texas Locator Map heart of the Cotton Valley Trend in Panola County, TX 56,000 gross acres 50% WI in 46,000 gross acres currently under JDA with…
  6. June 2019 Corporate Presentation – Petroquest Energy Inc. – slide 6
    Cotton Valley Horizontal Higher Production, Lower Costs Improving Well Performance 16 3,000 5,747 6,000 13.3 2,200 12 5,000 24HR IP Rate (mmcfe/d) 2,000 /Lateral Foot Lateral Feet 3,654 8 6.3 4,000 916 1,000…
  7. June 2019 Corporate Presentation – Petroquest Energy Inc. – slide 7
    SE CARTHAGE 8200 8250 8250 Multi Bench Cotton Valley Opportunities 8300 8300 8350 8350 8400 8400 8450 8450 8500 PetroQuest -- McFadden Bagley 1 8500 8550 8550 Cotton Valley Bench Cotton Valley…
  8. June 2019 Corporate Presentation – Petroquest Energy Inc. – slide 8
    Cotton Valley Inventory 550 Gross Locations with 20% IRR* 200 Plan to test Davis sand in 4Q19 164 150 Number of Remaining Locations 1 Horizontal Producing Well 133 120 100 28 Horizontal Producing Wells 76 6…
  9. June 2019 Corporate Presentation – Petroquest Energy Inc. – slide 9
    Austin Chalk Asset Overview Louisiana Acreage Map (1.2 MM Acres) PetroQuest has a 21,000 net acre LEGEND L. Cretaceous Shelf Edge Anadarko Wells EOG Eagles position in the heart of the Ranch Well PQ Rig EOG Rig PQ Lease Position…
  10. June 2019 Corporate Presentation – Petroquest Energy Inc. – slide 10
    1Q19 Balance Sheet Overview Net Debt as of 3/31/19 (MM) 1L Term Loan due 2023 (L+750) 50 10% Senior Secured PIK Notes due 2024 80 Less: Unrestricted Cash Balance (27) Less: Other Current Assets (10) Plus: Current Liabilities…
  11. June 2019 Corporate Presentation – Petroquest Energy Inc. – slide 11
    1Q19 Operating Summary Daily Production 1Q19 Actual Liquids (mboe/d) 1.9 Gas (mmcf/d) 34.6 Total (mmcfe/d) 46.0 ( in millions) Revenue 15 LOE 4 Production Taxes 1 G&A* 4 Total Operating Expenses 9 EBITDA 6 Oil and Gas Capex…
  12. June 2019 Corporate Presentation – Petroquest Energy Inc. – slide 12
    Experienced Management Team Prior Years in Name Position Experience Industry American Charles T. Goodson CEO & President Explorer LLC 42+ EVP, CFO & J. Bond Clement 26+ Treasurer EVP Operations Art M. Mixon 38+ and…
  13. June 2019 Corporate Presentation – Petroquest Energy Inc. – slide 13
    PetroQuest Highlights Large, contiguous East Texas acreage position (majority HBP) with significant upside potential Track record of executing low-cost Cotton Valley wells with attractive returns Large inventory of undeveloped…
  14. June 2019 Corporate Presentation – Petroquest Energy Inc. – slide 14
    Company Information 400 East Kaliste Saloom Road, Suite 6000 Lafayette, Louisiana 70508 Phone: (337) 232-7028 Fax: (337) 232-0044 www.petroquest.com 14

From the store

Browse maps, data & reports in the Shale Experts store