Skip to main content 2Q20 Management Presentation Earnings Call – Goodrich Petroleum Corp. | Shale Experts
Loading...
Pm

2Q20 Management Presentation Earnings Call – Goodrich Petroleum Corp.

Goodrich Petroleum Corp. · Aug 11, 2020 · 19 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. 2Q20 Management Presentation Earnings Call – Goodrich Petroleum Corp. – slide 1
    NYSE American: GDP Management Presentation Earnings Call 2Q20
  2. 2Q20 Management Presentation Earnings Call – Goodrich Petroleum Corp. – slide 2
    Environmental: Total Gas Flared: (% of Production) 0 Total GHG Emissions: (2019) (000 Mt) (EPA,LDEQ,MDEQ,TECQ Compliant) 27 Total Water Use (2019 - MMBls): 5.1 OSHA Compliant Social: Number of Employees: 48 Percentage of Employees…
  3. 2Q20 Management Presentation Earnings Call – Goodrich Petroleum Corp. – slide 3
    HAYNESVILLE PURE PLAY OPPORTUNITY 16+ Year Inventory of Core Locations (77% Operated) Acreage is Held By Production and Fully De-Risked 1.0 Tcf of Natural Gas Resource Potential in North Louisiana HAYNESVILLE HAYNESVILLE /SHALE -…
  4. 2Q20 Management Presentation Earnings Call – Goodrich Petroleum Corp. – slide 4
    SEC Proved Reserves (Bcfe) YE19 Proved Reserves by Commodity Natural ETX TMS NLA - Haynesville Total Gas 511 600 (99%) 517 500 480 428 Oil - 6 (1%) 400 YE19 Proved Reserves by Area (Bcfe, %) 303 HS 511 300 (99%) 200 TMS-6…
  5. 2Q20 Management Presentation Earnings Call – Goodrich Petroleum Corp. – slide 5
    Capitalization in millions 6/30/20 Cash and Cash Equivalents 1.6 Senior Credit Facility 95.4 2L Senior Secured Notes 13.9 Total Debt 109.3 Total Stockholders' Equity 74.4 Total Book Capitalization 183.7 Credit Statistics…
  6. 2Q20 Management Presentation Earnings Call – Goodrich Petroleum Corp. – slide 6
    160,000 Mcfe/Day 140,000 120,000 100,000 80,000 60,000 Mcfe/Day 40,000 20,000 - 2016 2017 2018 2019 2020* * Mid-Point of Guidance August, 2020 7
  7. 2Q20 Management Presentation Earnings Call – Goodrich Petroleum Corp. – slide 7
    Natural Gas Volumes Swap Volumes Collar Volumes Period Swap Price Collar Prices (Mcf/d) (Mcf/d) (Mcf/d) 2Q20 70,000 47,000 23,000 2.54 2.40 - 2.62 3Q20 70,000 45,000 25,000 2.56 2.40 - 2.62 4Q20 70,000 45,000 25,000 2.59 2.40 -…
  8. 2Q20 Management Presentation Earnings Call – Goodrich Petroleum Corp. – slide 8
    Development Schedule 2020E Volumes and Cost Guidance 2020E Activity Production Annual Net Production (Bcfe): 50 52 Gross (Net) Wells: 12 (5.0) Avg. Daily Production Midpoint (MMcfe/d): 140 Avg. Net Lateral Length: 8,500 Percent…
  9. 2Q20 Management Presentation Earnings Call – Goodrich Petroleum Corp. – slide 9
    Pay Zones GDP 24,000 Net Acres 100 300 feet August, 2020 10
  10. 2Q20 Management Presentation Earnings Call – Goodrich Petroleum Corp. – slide 10
    Haynesville - Core Total Gross/Net Acres: 36,000/21,000 Average WI/NRI: 59%/43% Acreage HBP: 100% 117 total producing wells (32 Operated) 1/1/20 Inventory of 208 gross (91 NORTH net) potential locations on 880 LOUISIANA CORE…
  11. 2Q20 Management Presentation Earnings Call – Goodrich Petroleum Corp. – slide 11
    Haynesville Completion Evolution Evolving completions maximize near-wellbore stimulation Original Design Tested Current Design 4,600 Laterals 10,000 Laterals 4,600 - 10,000 Laterals 1,000 lbs/ft Proppant 5,000+ lbs/ft Proppant…
  12. 2Q20 Management Presentation Earnings Call – Goodrich Petroleum Corp. – slide 12
    Haynesville Recent Industry Activity (1) CRK (23) CRK (2) CRK 3. CRK Gates 26-35 1 & 2 4. CRK 5. CHK (22) CHK Nissen 28-21HC 1 Nissen 28-21HC 2 FLORSHEIM 9-16 HC 10,000 Laterals HUNTER 28-21HC 1&2 GEPH Unit Black 1H 10,000 Lateral…
  13. 2Q20 Management Presentation Earnings Call – Goodrich Petroleum Corp. – slide 13
    August, 2020 14
  14. 2Q20 Management Presentation Earnings Call – Goodrich Petroleum Corp. – slide 14
    August, 2020 15
  15. 2Q20 Management Presentation Earnings Call – Goodrich Petroleum Corp. – slide 15
    August, 2020 16
  16. 2Q20 Management Presentation Earnings Call – Goodrich Petroleum Corp. – slide 16
    Assumptions Louisiana 4,600' Lateral Type Curve 100,000 Avg Daily Production(Mcfpd) EUR 12.6 Bcf (2.7 Bcf/1,000) 10,000 Sales Gas BTU Price 1.020 Adjustment 1,000 Pricing Average - NYMEX less 0.15 / MMBtu Differentials/…
  17. 2Q20 Management Presentation Earnings Call – Goodrich Petroleum Corp. – slide 17
    Assumptions Louisiana 7,500' Lateral Type Curve 100,000 Avg Daily Production(Mcfpd) EUR 21 Bcf (2.8 Bcf/1,000) 10,000 Sales Gas BTU Price 1.020 Adjustment 1,000 Pricing Average - NYMEX less 0.15 / MMBtu Differentials/…
  18. 2Q20 Management Presentation Earnings Call – Goodrich Petroleum Corp. – slide 18
    Assumptions Louisiana 10,000' Lateral Type Curve 100,000 Avg Daily Production(Mcfpd) EUR 25 Bcf (2.5 Bcf/1,000) 10,000 Sales Gas BTU 1.020 Price Adjustment 1,000 Pricing Differentials/ Average - NYMEX less 0.15 / MMBtu…
  19. 2Q20 Management Presentation Earnings Call – Goodrich Petroleum Corp. – slide 19
    Cash Flow Generation With Strong Balance Sheet and Low Trading Multiple Creates an Attractive Entry Point for the Stock 16+ Year Inventory on Core Haynesville Position Provides 1+ Tcf of Resource Potential on Acreage Held By…

From the store

Browse maps, data & reports in the Shale Experts store