Skip to main content DUG Haynesville Presentation – Goodrich Petroleum Corp. | Shale Experts
Loading...
Pm

DUG Haynesville Presentation – Goodrich Petroleum Corp.

Goodrich Petroleum Corp. · Oct 28, 2020 · 25 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. DUG Haynesville Presentation – Goodrich Petroleum Corp. – slide 1
    NYSE American: GDP DUG Haynesville Presentation October, 2020
  2. DUG Haynesville Presentation – Goodrich Petroleum Corp. – slide 2
    Pay Zones GDP 24,000 Net Acres 100 300 feet 3
  3. DUG Haynesville Presentation – Goodrich Petroleum Corp. – slide 3
    4
  4. DUG Haynesville Presentation – Goodrich Petroleum Corp. – slide 4
    The Haynesville Shale is one of the largest and most prolific natural gas plays in the United Key Points States, strategically located near petrochemical complexes and LNG export facilities on the Gulf Coast Record Cash Margin on…
  5. DUG Haynesville Presentation – Goodrich Petroleum Corp. – slide 5
    Type Log Goodrich Petroleum, James Cook 1 Caddo Parish, Louisiana Key Points The Upper Jurassic aged Haynesville Shale lies between the Bossier and Cotton Valley Lime intervals Dark organic rich, brittle mudstone-shale The…
  6. DUG Haynesville Presentation – Goodrich Petroleum Corp. – slide 6
    Haynesville - Core Total Gross/Net Acres: 36,000/21,000 Average WI/NRI: 59%/43% Acreage HBP: 100% 120+ total producing wells (40 Operated) 1/1/20 Inventory of 216 gross (96 NORTH net) potential locations on 880 LOUISIANA CORE…
  7. DUG Haynesville Presentation – Goodrich Petroleum Corp. – slide 7
    8
  8. DUG Haynesville Presentation – Goodrich Petroleum Corp. – slide 8
    9
  9. DUG Haynesville Presentation – Goodrich Petroleum Corp. – slide 9
    10
  10. DUG Haynesville Presentation – Goodrich Petroleum Corp. – slide 10
    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…
  11. DUG Haynesville Presentation – Goodrich Petroleum Corp. – slide 11
    Designing completions to maximize near-wellbore stimulation Original Design Recent Design Testing (2008 - 2014) (2015 - Current) (Currently) 4,600 Laterals 4,600 10,000 Laterals 10,000 Laterals 1,000 lbs/ft Proppant 3,000 lbs/ft…
  12. DUG Haynesville Presentation – Goodrich Petroleum Corp. – slide 12
    SEC Proved Reserves (Bcfe) YE19 Proved Reserves by Commodity Natural ETX TMS NLA - Haynesville Total Gas 511 600 (99%) 517 480 500 428 Oil - 6 (1%) 400 YE19 Proved Reserves by Area (Bcfe, %) 303 HS 511 300 (99%) 200 TMS-6…
  13. DUG Haynesville Presentation – Goodrich Petroleum Corp. – slide 13
    Core Haynesville Inventory GROSS NET PROVED YE19 SEC POTENTIAL TOTAL 3P PARISH/ GROSS NET REMAINING REMAINING RESERVES PV10 NET RESERVES NET RESOURCE COUNTY AREA ACRES ACRES LOCATIONS LOCATIONS (BCFE) * (MM) (BCFE) ** POTENTIAL…
  14. DUG Haynesville Presentation – Goodrich Petroleum Corp. – slide 14
    Recent Haynesville 4,600' Wells 100,000 10,000 GDP, 8 Well Average (Avg 4,352' LL; 3,972 /ft Frac) Industry Average Well Performance 298 Wells (2,578 /ft Frac) Company Type Curve: 10,000 EUR: 11.5 Bcf (2.5 Bcf/1,000 ft) 1,000…
  15. DUG Haynesville Presentation – Goodrich Petroleum Corp. – slide 15
    Recent Haynesville 7,500' Wells 100,000 10,000 GDP, 10 Well Average (Avg 7,689' LL, 3,731 /ft Frac) Industry Average Well Performance 207 Wells (2,497 /ft Frac) Company Type Curve: EUR: 18.75 Bcf (2.5 Bcf/1,000 ft) 10,000…
  16. DUG Haynesville Presentation – Goodrich Petroleum Corp. – slide 16
    Recent Haynesville 10,000' Wells 100,000 10,000 GDP, 9 Well Average (Avg 9,602' LL; 3,495 /ft) Industry Average Well Performance 187 Wells (2,889 /ft Frac) Company Type Curve: 10,000 EUR: 25 Bcf (2.5 Bcf/1,000 ft) 1,000 Gas…
  17. DUG Haynesville Presentation – Goodrich Petroleum Corp. – slide 17
    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/…
  18. DUG Haynesville Presentation – Goodrich Petroleum Corp. – slide 18
    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/…
  19. DUG Haynesville Presentation – Goodrich Petroleum Corp. – slide 19
    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…
  20. DUG Haynesville Presentation – Goodrich Petroleum Corp. – slide 20
    3.00 2.50 2.74 2.00 2.30 1.50 1.79 1.59 1.69 1.00 1.34 0.50 0.94 1.05 1.09 0.00 GDP Per Unit Cash Costs Cash Interest Expense Peers include: AR,COG,CRK,EQT,GDP, GPOR,MR,RRC,SWN 21
  21. DUG Haynesville Presentation – Goodrich Petroleum Corp. – slide 21
    Cash Margin 60% 40% 3 51% 47% 38% 20% 33% 21% 2% 11% 6% 0% 2% -27% -20% GDP Peer Companies Include: -40% AR,COG,CRK,EQT,GDP,GP OR,MR,RRC,SWN 22
  22. DUG Haynesville Presentation – Goodrich Petroleum Corp. – slide 22
    Cash Flow Generation With Strong Balance Sheet and Low Trading Multiple Creates an Attractive Entry Point for the Stock 20 Year Inventory on Core Haynesville Position Provides 1.7 Tcf of Resource Potential on Acreage Predominately…
  23. DUG Haynesville Presentation – Goodrich Petroleum Corp. – slide 23
    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…
  24. DUG Haynesville Presentation – Goodrich Petroleum Corp. – slide 24
    1. Climate is Changing Yes, it always does. Planet has warmed by 1.5 degrees F over the last 160 years 1800 1940 Global Warming Concerns 1940 - 1970s Global Cooling Concerns. Global Ice Age is Upon Us. Associated Press 1980s Up to 1…
  25. DUG Haynesville Presentation – Goodrich Petroleum Corp. – slide 25
    The environment does not start out healthy and then we make it dirty, it is the opposite. Alex Epstein, A Moral Case for Fossil Fuels We Should Do Our Best as an Industry to Minimize our Environmental Footprint and Provide a Better…

From the store

Browse maps, data & reports in the Shale Experts store