Riviera Resources Recent Developments Highlighted accomplishments: Increased previously announced 100 million share repurchase authorization to a total of 150 million Returned over 140 million of capital to shareholders through share…
2019 Closed and Pending Asset Sales Over 540 million of closed or pending asset sales Contract Estimated Close Closed Transactions Price Proceeds Date in millions in millions Michigan Arkoma Jan-2019 68 64 Helium VPP Mar-2019…
Riviera Upstream Assets Overview 119 MMcfe/d(1) 277 Bcfe(2) Third Quarter 2019 89% Natural Gas Net Production 5% NGL, 6% Oil Uinta Net Production of 17 MMcfe/d Base decline of 7% Anadarko Non-Operated position Net Production…
Anadarko Basin Anadarko Basin Leasehold Position Approximately 105,000 net leasehold acres throughout the Anadarko Basin Approximately 70,000 net acres in NW STACK Core area Current development area Acreage is 98% HBP and 75%…
North Louisiana Approximately 8,100 net acres across northern North Louisiana Leasehold Louisiana Acreage is 99% HBP Current focus area in the Ruston Field Ruston field is direct offset to prolific Terryville field Significant…
Blue Mountain YTD 2019 Highlights Average natural gas throughput of 117 MMcf/d YTD as of September 30, 2019 Natural Gas Connected 34 wells and 26 wells turned to sales on system YTD as of September 30, 2019 Gathering & Anticipate 15…
Natural Gas System Overview Third quarter of 2019 average natural gas throughput of 114 MMcf/d Closed acquisition of Lumen system, adding 5 MMcf/d in Q3 2019 with volumes redirected to Cryo plant beginning on October 1, 2019…
Produced Water System Overview Providing water management services including hauling, pipeline gathering, disposal, treatment and redelivery of recycled water for re-use Initial build out in 2019: Hauling services commenced April…
Crude Oil Project Initial Buildout In July 2019, executed definitive agreement with Roan Resources to provide crude oil gathering services 10-year term and 89,000 net acre dedication within 9 Townships in Grady and Canadian…
BMM Baseline Adjusted EBITDA (1) YTD as of September 30, 2019 35 1 3 30 (9) 3 25 20 in Millions 33 15 27 27 25 25 10 5 0 Field Level Cash MB / Conway Shut In Volumes NW STACK Adjusted G&A (6) Baseline…
2019 Capital Summary ( in millions) Upstream - 66 Million Capital Blue Mountain - 112 Million Capital Acquisition Recompletions & & Integration Workovers 5 3 NW Water NW Gas STACK System STACK(1) Drilling N LA Gathering &…
2019 Guidance Upstream Upstream Q4 2019E FY 2019E Net Production (MMcfe/d) 162 180 238 243 Natural gas (MMcf/d) 133 147 194 198 Oil (Bbls/d) 1,400 1,600 1,655 1,705 NGL (Bbls/d) 3,500 3,900 5,650 5,750 Other revenues, net (in…
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