Skip to main content January 2021 Corporate Presentation – Crew Energy Inc. | Shale Experts
Loading...
Pm

January 2021 Corporate Presentation – Crew Energy Inc.

Crew Energy Inc. · Jan 1, 2021 · 33 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. January 2021 Corporate Presentation – Crew Energy Inc. – slide 1
    TSX: CR The best views come after the hardest climbs Corporate Presentation January 2021
  2. January 2021 Corporate Presentation – Crew Energy Inc. – slide 2
    About Crew (TSX: CR) Getting it Right CREW: INVESTMENT ATTRIBUTES A Team Working Together Strong liquidity profile to Achieve a Common Goal 277,000 net acres in the Montney 70% natural gas weighted production with optional condensate…
  3. January 2021 Corporate Presentation – Crew Energy Inc. – slide 3
    Why Invest in Crew Growing Into An Attractive Valuation Margin Expansion Through Calibration is a Game-Changer WORLD-CLASS AN ATTRACTIVE VALUATION MONTNEY RESOURCE 2,200 potential drilling opportunities1 2021 Average production =…
  4. January 2021 Corporate Presentation – Crew Energy Inc. – slide 4
    Macro Overview Commodity Markets Canadian natural gas & condensate fundamentals Natural Gas Forecast Condensate Supply and Demand (mbbl/d) 700 Global demand is increasing as the world focuses on emissions As more coal retirements…
  5. January 2021 Corporate Presentation – Crew Energy Inc. – slide 5
    2021/22 Budget + Plan Overview Calibrating to Enhance Margins & Improve Debt Metrics Grow production and realize stronger margins to improve balance sheet and debt metrics in 2022 and beyond 2021 2022 plans enhance sustainability…
  6. January 2021 Corporate Presentation – Crew Energy Inc. – slide 6
    Long-Range Strategy Generate Free AFF1 to Support Sustainability Innovative Development Plan Expected to expand margins Long-Range through an efficient calibration of Crews production to match Strategy infrastructure and…
  7. January 2021 Corporate Presentation – Crew Energy Inc. – slide 7
    TSX: CR What Calibration Means for Crew
  8. January 2021 Corporate Presentation – Crew Energy Inc. – slide 8
    Production Growth Calibrating Production to Match Infrastructure & Processing Commitments Target Production Growth2 2020-2022 Robust Two-Year Plan 35 Sets the stage for Crew to increase the pace of development 50 % 33 for our…
  9. January 2021 Corporate Presentation – Crew Energy Inc. – slide 9
    Strategic Product Exposure & Flexibility Attractive Exposure to Natural Gas With Ability to Rapidly Pivot as Needed Production Mix Natural Gas Pricing Sensitivities2,3,4 35,000 355 33,000 31,000 - 33,000 335 30,000 335 30,000…
  10. January 2021 Corporate Presentation – Crew Energy Inc. – slide 10
    Right-Sizing Transportation + Utilization Reduce Transportation Costs per unit by 30% Retained use of additional interruptible transportation service on 3 major Canadian export pipelines 300 Reducing costs per unit 30% while…
  11. January 2021 Corporate Presentation – Crew Energy Inc. – slide 11
    Reducing Expenses Lowering per Unit Costs Steadily declining costs1 improve margins Increased production with reduced commitments 16 Optimizing production and infrastructure utilization enhances 25 margins, increases AFF and…
  12. January 2021 Corporate Presentation – Crew Energy Inc. – slide 12
    Robust Natural Gas Hedging Underpinning AFF2 for Next 2 Years Hedging Critical to Protect the Balance Sheet and Capital Investment 2021 CR Natural Gas Hedging Position 200,000 2.80 approx. 45 % projected gas production…
  13. January 2021 Corporate Presentation – Crew Energy Inc. – slide 13
    Improved Leverage Metrics Potential Reduction in Leverage Metrics of 55% in 2 Years Right-Sizing the Balance Sheet Steadily Improving Debt Metrics 18,000 8.0 16,500 Based on forward commodity prices, 16,000 14,500 keeping…
  14. January 2021 Corporate Presentation – Crew Energy Inc. – slide 14
    TSX: CR Montney: World Class Resource
  15. January 2021 Corporate Presentation – Crew Energy Inc. – slide 15
    Montney is a World-Class Resource Among North American Basins Select Unconventional Plays in North America Montney Competitive Features Montney Formation is predictable in size and thickness (1000 Current Unconventional Shales and…
  16. January 2021 Corporate Presentation – Crew Energy Inc. – slide 16
    World-Class Resource Base Several Stratigraphic Benches for Future Drilling 2 HZ Wells 4 HZ Wells 4 HZ Wells 100 HZ Wells 77 HZ Wells 10 HZ Wells West Portage Groundbirch Attachie West Septimus Septimus Tower Doig Upper Montney 1…
  17. January 2021 Corporate Presentation – Crew Energy Inc. – slide 17
    Excellent Market Access NE BC Montney Assets are Ideally Situated for the Export of Cleaner LNG and NGLs Crew Montney Land Base Features Crew Montney Land NGTL NGTL Proposed Existing access to three export pipelines Westcoast…
  18. January 2021 Corporate Presentation – Crew Energy Inc. – slide 18
    Advantageous Marketing Diversification Multiple Egress Options Provide Flexibility 80% 70% AECO 5A 60% 50% Percent Allocation 40% 30% 20% Alliance ATP 10% Station 2 & Dawn 0% 1 1 1 Henry Hub &…
  19. January 2021 Corporate Presentation – Crew Energy Inc. – slide 19
    West Septimus Offers Compelling Economics Drilling Focus at West Septimus Crew Montney Acreage 9-5 Liquids Rich Type Curve1,2 Crew 2021 Drilling Program 9,000 Crew 3-32 Crew 10-14 West Septimus 9-5 Type Well 100% WI Gas Plant…
  20. January 2021 Corporate Presentation – Crew Energy Inc. – slide 20
    Ultra Condensate-Rich (UCR) Area Greater Septimus features 13 Months Payout Dec 8th/20 Forward Strip8 50 ERH 856 MM 1) Unless otherwise indicated, reference to NGLs on the map above excludes condensate. 2P Undeveloped 2P…
  21. January 2021 Corporate Presentation – Crew Energy Inc. – slide 21
    Septimus Stable Base Production Provides Source of Free AFF1 Field Operating Netback1 Capex at Septimus Septimus Gas Production 4.78 103 MM 5.00 60,000 100 4.49 90 Field operating netback1 16 19 exceeds capex2, providing…
  22. January 2021 Corporate Presentation – Crew Energy Inc. – slide 22
    Other Opportunities Attachie, Groundbirch and Tower Development 6 MILES ATTACHIE Over-pressured with liquids-rich natural gas Large pay thickness (1,000 ft. Upper + Lower Crew lease retention well Montney) High condensate rates…
  23. January 2021 Corporate Presentation – Crew Energy Inc. – slide 23
    TSX: CR Committed to ESG
  24. January 2021 Corporate Presentation – Crew Energy Inc. – slide 24
    Sustainability & ESG Focused Doing Whats Right Fostering a responsible culture of ESG oversight Long-Term Sustainability Environmental Social Governance Enhancing our business to generate Responsible resource development and…
  25. January 2021 Corporate Presentation – Crew Energy Inc. – slide 25
    We Are Shareholders & Bondholders Engaged management team and board with high insider ownership 100+ Women Represented Across Workforce3 Over 100 meetings hosted by Crew management with investors or investment community in 2019…
  26. January 2021 Corporate Presentation – Crew Energy Inc. – slide 26
    Responsible, Clean Energy Canada is the Country to Invest in for Responsible, Clean Energy Canada is a Top-Ranking Global Leader is ESG The importance of just one Canadian LNG project Canadian-sourced energy is in the worlds best…
  27. January 2021 Corporate Presentation – Crew Energy Inc. – slide 27
    Environmental Leadership is a Priority Reducing Environmental Footprint While Remaining Focused on Returns Fresh Water Used for Hydraulic Fracturing (%) Gas Plant Flaring Performance 46% 71% 50% 0.30% 39% 91% 0.21% Flare volume…
  28. January 2021 Corporate Presentation – Crew Energy Inc. – slide 28
    Safety & Social Impacts Are Top of Mind Crews Safety Performance: Crew Cares 1.5 Workforce TRIF* 0.82 350,000 2019 Competitor Avg. Average Canadian homes annually 1.0 could be sourced from Crews 2019 Injury Frequency…
  29. January 2021 Corporate Presentation – Crew Energy Inc. – slide 29
    Reader Advisories
  30. January 2021 Corporate Presentation – Crew Energy Inc. – slide 30
    Non-IFRS Measures General References are made in this presentation to use terms that are commonly used in the oil and natural gas industry, but do not have any standardized meaning as prescribed by IFRS and therefore may not be…
  31. January 2021 Corporate Presentation – Crew Energy Inc. – slide 31
    Non-IFRS Measures Operating Netback and Field Operating Netback Management uses certain industry benchmarks such as operating netback and field operating netback to analyze financial and operating performance. This benchmark as presented…
  32. January 2021 Corporate Presentation – Crew Energy Inc. – slide 32
    Assumptions The assumptions used throughout this presentation, including on slides 4, 6, 7, 9, 10, 11, 12, and 13 are provided below: KEY BUDGET ASSUMPTIONS 2021 2022 2021 SENSITIVITIES AFF (MM) AFF/Share Capital Expenditures (MM)…
  33. January 2021 Corporate Presentation – Crew Energy Inc. – slide 33
    TSX: CR Thank you Dale O. Shwed President & CEO John G. Leach Executive Vice President & CFO 800, 250 5th Street SW Calgary, Alberta T2P 0R4 crewenergy.com (403) 266-2088 investorcrewenergy.com

From the store

Browse maps, data & reports in the Shale Experts store