CORPORATE PRESENTATION March 2023 Corporate Presentation CRESCENT POINT CRESCENT POINT Bringing Energy To Our World - The Right Way
Accretive Montney Acquisition Enhances Shareholder Value Over the past five years, we have CORPORATE PRESENTATION fundamentally rebuilt and strengthened Significant Accretion & Excess Cash Flow Generation Immediately accretive…
Transaction Overview CORPORATE PRESENTATION Transaction Details Asset Attributes Accretive Metrics Acquiring Spartan Deltas oil and Production of 38,000 boe/d Increases excess cash flow liquids-rich Montney assets in Alberta…
High-Quality Assets in Volatile Oil Fairway Adjacent to Kaybob Duvernay Opportunity for knowledge transfer and enhanced returns given CORPORATE PRESENTATION Volatile Oil Liquids-Rich Lean Gas Key Attributes of High-Quality CPG's…
Strategic Acquisition That Aligns with Long-Term Strategy Highly accretive to asset portfolio and financial results CORPORATE PRESENTATION Deep Inventory: 20 years of inventory or 600 net Montney CPG Land locations, of which only…
Alberta Montney Reservoir Regions, Economics & Results Volatile Oil CORPORATE PRESENTATION Gold Creek West Gold Creek East Karr Gold Creek West IP30 (boe/d) (% Liquids) 1,025 (58%) 1,370 (57%) 700 (79%) EUR (mboe) (% Liquids)…
Kaybob Duvernay Reservoir Regions & Economics Top-quartile returns with plans to primarily drill in the Volatile Oil and Liquids-Rich windows in 10-year plan CORPORATE PRESENTATION Volatile Oil Black Oil IP30 (boe/d) (% Liquids)…
Demonstrating Technical Expertise in Kaybob Duvernay CORPORATE PRESENTATION 200,000 Volatile Oil Window Example Example of Performance vs. Prior Operator Improved well results versus an offset well from the prior operator due…
Kaybob Duvernay Results & Booked EURs Highlights Condensate Mix Production Results Since Entering the Play (Per Well) CORPORATE PRESENTATION Pad IP30 boe/d IP90 boe/d Booked EUR mboe (On Prod) (% Condy, NGLs) (% Condy, NGLs) (%…
Solid Corporate Inventory Drives Long-Term Sustainability Fundamentally rebuilt and strengthened CPGs asset portfolio over the last five years CORPORATE PRESENTATION Excess Cash Flow & Excess Cash Flow & Excess Cash Flow &…
Highly Economic Long-Term Development Plan Acquisition enhances corporate inventory and supports a highly economic long-term development plan CORPORATE PRESENTATION Corporate Inventory vs 10-Year Plan Economics of Premium…
2023 & 5-Year Outlook: Focus on Returns & Long-Term Sustainability Kaybob Duvernay and Montney represent 45% of CPG production, growing to 60% in 5 years CORPORATE PRESENTATION Cumulative After-Tax Excess Cash Flow Cumulative…
Acquisition Enhances Return of Capital to Shareholders Track record of increasing return of capital to shareholders, with 1.6B returned since 2018 CORPORATE PRESENTATION Increasing Return of Capital Returning 60% of excess cash…
Balance Sheet & Financial Flexibility Targeting a 1.0B reduction in net debt over the next 12 months CORPORATE PRESENTATION 5-Year Maturity Outlook Net Debt to Adjusted Funds Flow 5.2B Debt reduction to be achieved through excess…
Crescent Point Advantage Operational Excellence Premier operator with a strong track record of execution CORPORATE PRESENTATION Innovative and highly technical team unlocking value Extensive knowledge in secondary recovery…
CRESCENT POINT CORPORATE PRESENTATION Appendix October 2018
Capital Markets Summary & Guidance Capital Markets Summary 2023 Guidance CPG (TSX and NYSE) Prior Revised CORPORATE PRESENTATION Trading Price (Mar. 23, 2023) C9.02 (TSX), US6.56(NYSE) Annual Avg. Production (mboe/d)(1) 138 142…
Principles for Success Management execution and initiatives centered on balance sheet strength and sustainability CORPORATE PRESENTATION CRESCENT POINT Strategic initiatives supported by strong ESG focus 18 ESG: Environmental,…
CPGs Portfolio Optimization Continually optimizing portfolio around key pillars of balance sheet strength and sustainability CORPORATE PRESENTATION The Kaybob Duvernay and Montney assets, bolstered Asset Criteria by our technical…
Kaybob Duvernay: Creating Shareholder Value in a Strategic & Disciplined Manner Kaybob Duvernay is a prime example of how CPG's strategy creates value for shareholders The recent Montney acquisition is similarly aligned with CPGs…
Track Record of Realizing Efficiencies in Plays Similar to Alberta Montney Experienced Operator CORPORATE PRESENTATION Hz Wells Drilled & Completed Top 15 North American operators 10,000 CPG has a history of operational…
Alberta Montney & Kaybob Duvernay Liquids Egress CORPORATE PRESENTATION Crude Oil Flows to Edmonton, with access to crude oil storage, Enbridge Mainline, Transmountain Pipeline and local refineries Condensate Flows on…
Significant Condensate Exposure with a Strong Supply / Demand Outlook Kaybob Duvernays liquids production is primarily condensate and receives strong pricing relative to WTI CORPORATE PRESENTATION WCSB Condensate Supply / Demand…
Oil & Liquids Hedging Summary Plan to remain disciplined in our approach to layering on additional protection in the context of commodity prices CORPORATE PRESENTATION 30,000 Hedge Volume (bbl/d) 20% 20% 20,000 10%…
Gas Hedging Summary Plan to remain disciplined in our approach to layering on additional protection in the context of commodity prices CORPORATE PRESENTATION 2023 Hedging Summary CPG Corporate Gas Diversification Gas hedges extend…
Major Operating Area Economics US75 WTI & 3.50 AECO CORPORATE PRESENTATION IP30 boe/d EUR Mboe Cost Per Well Payout Area IRR% (Liquids %) (Liquids %) (CMM) (Months) Alberta Montney (Volatile Oil) Gold Creek West 1,025 (58%)…
Definitions / Specified Financial Measures For an explanation of the composition of excess cash flow, discretionary excess cash flow, net debt and net debt / funds flow, base dividends and how they provide useful information to an…
Reserves and Drilling Data All reserves data contained in this presentation, and effective for the year ended 2022, is contained in the Corporations AIF for the year ended, December 31, 2022, available on SEDAR (the Reserves Report)…
Reserves and Drilling Data CORPORATE PRESENTATION Initial production is for a limited time frame only (30, or 90 days) and may not be indicative of future performance. This presentation discloses: (I) in the Kaybob Duvernay, (A)…
Reserves and Drilling Data Years of corporate inventory figures include proved and probable locations, as derived from the independently evaluated (by McDaniel & Associates Consultants Ltd.) Reserves Report in accordance with NI 51-101…
CORPORATE PRESENTATION Crescent Point Energy Corp. Suite 2000, 585 8th Ave SW Calgary, AB T2P 1G1 Investor Relations (403) 767-6930 CRESCENT POINT (855) 767-6923 investorcrescentpointenergy.com Other Contacts…
Loading...
