Skip to main content Capital One Southcoast Energy Conference – SM Energy Company Investor Presentation | Shale Experts
Loading...
Pm

Capital One Southcoast Energy Conference – SM Energy Company

SM Energy Company · Dec 7, 2011 · 12 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. Capital One Southcoast Energy Conference – SM Energy Company – slide 1
    Capital One Southcoast 2011 Energy Conference Tony Best December 7, 2011 President and CEO New Orleans, LA
  2. Capital One Southcoast Energy Conference – SM Energy Company – slide 2
    Key Messages Significant value generating production growth in 11 & 12 Balance sheet in great shape to fund program 3
  3. Capital One Southcoast Energy Conference – SM Energy Company – slide 3
    2011 & 2012 Production Outlook SM recently reiterated its production outlook for 2011 and 2012 250 200 150 BCFE 100 50 110 0 2010 Actual Production * Updated 2011 Production Preliminary 2012 Production * 2010…
  4. Capital One Southcoast Energy Conference – SM Energy Company – slide 4
    Preliminary 2012 Capital Forecast ( in millions) Total Capital of 1.4 - 1.5 B 200 Outside Operated 75 - 100 1,200 - 1,300 Other Operated 130 - 150 Operated Non Drilling Granite Wash Drilling 70 - 75 Operated Eagle Ford 670…
  5. Capital One Southcoast Energy Conference – SM Energy Company – slide 5
    Operated Eagle Ford Shale Operating Highlights 150,000 net acres at 100% WI Took delivery of 3rd new build walking rig. Currently have 5 operated drilling rigs running in the play 32% sequential production increase in operated…
  6. Capital One Southcoast Energy Conference – SM Energy Company – slide 6
    Eagle Ford Shale Down-Spacing Tests Multiple down- spacing pilots planned in 2011 5 on Galvan Ranch 3 on Briscoe Ranch Testing pilots down to 625 spacing Down-spacing pilots Remaining 2011 planned Anticipate having Currently…
  7. Capital One Southcoast Energy Conference – SM Energy Company – slide 7
    Non-Op Eagle Ford SM has closed on previously announced Mitsui transaction SM retains an approximately 14.5% WI in acreage (46,000 net acres) The Company is carried for 90% of certain drilling and completion cost until 680 MM is expended…
  8. Capital One Southcoast Energy Conference – SM Energy Company – slide 8
    Bakken/Three Forks Overview Operating Highlights 205,500 total net acres, with 87,000 net acres in Raven, Bear Den, and Gooseneck focus areas in GOOSENECK McKenzie and Divide Counties, North Dakota Production back on-line from…
  9. Capital One Southcoast Energy Conference – SM Energy Company – slide 9
    Niobrara 5 operated test wells now drilled across DJ acreage WYOMING position Results confirm COLORADO our thesis that this will be a variable Wyoming Colorado play Well Name 30-Day IP Rate Rig has been Atlas 1-19H 536…
  10. Capital One Southcoast Energy Conference – SM Energy Company – slide 10
    Capitalization September 30, 2011 Recently issued at par 350 Capitalization MM of bonds at 6.50% ( in millions) 3,000 Debt to Book Cap: 38% Proceeds used to repay 2,500 outstanding borrowings under Debt to Book Cap: 28%…
  11. Capital One Southcoast Energy Conference – SM Energy Company – slide 11
    Long-term Credit Facility Redetermination process 1600 saw increase in 1400 borrowing base to 1.4 B 1200 400 Excluded all closed and pending 300 313 divestitures & reflected lower 1000 commodity price environment 800 600 1,000…
  12. Capital One Southcoast Energy Conference – SM Energy Company – slide 12
    Key Takeaways Significant production rate growth 50% in 2011 35% - 40% in 2012 Balance sheet in great shape to fund program 13

From the store

Browse maps, data & reports in the Shale Experts store