Fourth Quarter and Full Year 2019 Supplemental Presentation
Riviera Resources Recent Developments Highlighted accomplishments: Returned approximately 250 million to shareholders via a 4.25 per share cash distribution paid to shareholders of record as of close of business on December 12, 2019…
Closed and Pending Asset Sales Over 600 million of closed or pending asset sales Contract Estimated Close Closed Transactions Price Proceeds Date in millions in millions Arkoma Jan-2019 68 64 Michigan Helium VPP Mar-2019 82 79…
2019 Year End Proved Reserves All assets owned by Riviera as of December 31, 2019 89% Natural Gas 316 Bcfe of Standardized Measure Proved Reserves PV-10 of 159 million 5%6% 10% 16% 89% 90% 84% Natural Gas Oil NGL PDP PUD…
Pro-Forma 2019 Year End Proved Reserves Proved Developed Reserves as of December 31, 2019 RVRA Market YE 2019 YE 2019 Capitalization Proved Pro-Forma Pro-Forma assuming Developed Proved Adjustments 7.25 / share PV-10 (1)…
Riviera Upstream Assets Pro-Forma Overview 60 MMcfe/d(1) Fourth Quarter 2019 152 Bcfe(2) Pro-Forma 2019 YE Reserves(2) 82% Natural Gas Net Production 10% NGL, 8% Oil 82% Natural Gas 152 Bcfe PV-10 114 Million 10% 21% 22%…
Upstream Assets - Overview Anadarko Basin North Louisiana NW STACK Core Area 2019 New Drills 2019 New Drills Approximately 105,000 net leasehold acres throughout the Anadarko Basin Approximately 8,100 net acres across…
Blue Mountain 2019 Highlights Average natural gas throughput of 117 MMcf/d in 2019 Natural Gas Constructed 20 miles of natural gas gathering pipelines in 2019, with current system consisting of more than 200 Gathering & miles of…
Blue Mountain Midstream Overview Natural Gas Gathering & Processing Produced Water Gathering & Disposal Crude Oil Gathering Over 80,000 net acres dedicated to the system Underpinned by 10-year acreage dedication from Roan Over…
2020 Capital Summary ( in millions) Upstream - 25 Million Capital Blue Mountain - 28 Million Capital(1) Gas System 5 Anadarko Crude 4 System 8 North Louisiana 21 Water System 15 (1) Includes approximately 1 million…
First Quarter of 2020 Guidance Blue Mountain Q1 2020 Midstream Volumes Natural Gas Throughput (MMcf/d) 110 - 125 Water Managed (Bbl/d) 35,000 - 42,000 % Piped 40% - 50% % Trucked 60% - 50% Crude Throughput (Bbl/d) 2,500 -…
2020 Guidance Upstream Upstream Q1 2020E FY 2020E Net Production (MMcfe/d) 67 75 46 56 Natural gas (MMcf/d) 55 61 35 44 Oil (Bbls/d) 950 1,200 910 1,025 NGL (Bbls/d) 950 1,150 875 975 Other revenues, net (in thousands) (1) 900 -…
Q1 2020 Pro-Forma Cash Forecast ( in millions) RIVIERA UPSTREAM Q1 2020 Estimates Upstream Q1 2020 2020 Share Upstream Cash on hand as of Asset Sales Q1 2020E Adjusted Q1 2020E Working Repurchases as of Projected Net Cash as…
Riviera Resources Capital Returned to Shareholders Through January 31, 2020 76,190,908 58,037,642 shares shares outstanding outstanding August 7, 2018 ( in millions) Jan 31, 2020 1 40 108 300 301 19 152 133…
Riviera Commodity Hedge Portfolio (As of January 1, 2020) Riviera Upstream Commodity Hedge Portfolio 2020 Volume Average Price Natural Gas (MMMBtu/d) (per MMBtu) Swaps 30 2.82 Collars - - 2020 Volume Average Price Oil…
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