Skip to main content January 2015 Investsor Presentation – Rosetta Resources, Inc. | Shale Experts
Loading...
Pm

January 2015 Investsor Presentation – Rosetta Resources, Inc.

Rosetta Resources, Inc. · Jan 13, 2015 · 28 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 2015 Investsor Presentation – Rosetta Resources, Inc. – slide 1
    Rosetta Resources Inc. Investor Presentation January 2015 PERMIAN BASIN + EAGLE FORD NASDAQ: ROSE
  2. January 2015 Investsor Presentation – Rosetta Resources, Inc. – slide 2
    Company Strategy Key Elements Advancing delineation of Delaware Basin multi-stacked lateral potential Test Future Growth Refining and expanding testing of Upper Eagle Ford pilots Opportunities to Assessing Gaines County acreage in…
  3. January 2015 Investsor Presentation – Rosetta Resources, Inc. – slide 3
    Rosetta Resources Overview Ticker: ROSE Market Summary Market capitalization: 1.3 billion Permian (January 8, 2015 Close) Share price: 20.36 Gaines Co. 13,000 net acres Midland Basin Exploratory Enterprise value: 3.2 billion…
  4. January 2015 Investsor Presentation – Rosetta Resources, Inc. – slide 4
    Strong Growth Track Record Net Risked Resource Potential Net Production (MMBoe) (MBoe/d) Permian 288 MMBoe Total Company Estimate Range 879 80 900 72 - 74 74 800 70 72 63 700 60 600 578 570 50 600 50 500 40 37 396 400 369…
  5. January 2015 Investsor Presentation – Rosetta Resources, Inc. – slide 5
    2014 Capital Program 2014 by Region 1.2 billion 2014 capital program; Q4 2014 1 Other capital projected to be approximately 170 7% Permian million Non-Op 3% Eagle Ford Three rigs in Q4 2014 Permian Op 24% Expect to complete 4-7…
  6. January 2015 Investsor Presentation – Rosetta Resources, Inc. – slide 6
    2015 Capital Program Based on Companys press release dated December 16, 2014 2015 by Division 700-800 million 2015 capital1 program Other Drilling program 6% Eagle Ford Average one to two rigs Eagle Ford Permian Permian Basin…
  7. January 2015 Investsor Presentation – Rosetta Resources, Inc. – slide 7
    Total Company Inventory +/- 1,500 net wells -- remaining as of 9/30/2014 (excluding Upper Eagle Ford, Encinal & Gaines Co.) Wells Wells awaiting Remaining Avg Cost / Well Asset Name Net acres completed Well Spacing 1 completion net…
  8. January 2015 Investsor Presentation – Rosetta Resources, Inc. – slide 8
    Permian Division Reeves County 47,000 net acres HIGHLIGHTS Successfully completed seven 3rd Quarter 2014 horizontal wells, six WC A and one 3rd 9 completions: Bone Spring; total average gross 7-day 7 horizontal IP 1,300 Boe/d 2…
  9. January 2015 Investsor Presentation – Rosetta Resources, Inc. – slide 9
    Permian Asset Potential Stacked Zones Provide Collection of Horizontal Development Opportunities Primary Completion Targets Regional structure map of the Permian Basin 1,300 Modified by Beaubouef at al. (1999) from…
  10. January 2015 Investsor Presentation – Rosetta Resources, Inc. – slide 10
    Permian Horizontal Development Plan 9/30/2014 1,348 Gross (Avg. 75% WI) Horizontal Well Locations1 City of Pecos 13 3H Deacon Jim 6 1H 7-IP 1,053 7-IP 693 30-IP 769 30-IP 273 A A Balmorhea Ranch 32-15 Johnny Ringo St 9 2H 7-IP…
  11. January 2015 Investsor Presentation – Rosetta Resources, Inc. – slide 11
    Completion Design Improvements Rate Comparisons 4Q 2013 1Q 2014 2Q 2014 3Q 2014 500 3rd Bone Spring 450 Wolfcamp A 433 Avg. reported on 30DAY BOEPD per 1,000' LATERAL (3Stream) Wolfcamp C 2 offset operators 392 (245-250)1…
  12. January 2015 Investsor Presentation – Rosetta Resources, Inc. – slide 12
    Permian Asset Potential Multiple Benches in Delineation Phase Across Rosettas Acreage Completed Prior 3Q2014 Proposed 2014 Activity Offset Operations 3rd Bone Spring Wolfcamp A Wolfcamp B Wolfcamp C Operated Non-Operated…
  13. January 2015 Investsor Presentation – Rosetta Resources, Inc. – slide 13
    Permian Reeves County Upper Wolfcamp Horizontal Type Curve (1/30/2014) 3Q 2014 WC A Completions P50 Type Curve 30-Day Avg (BOEPD) Average Well Costs Normalized to 5000 8.5 (8-9 range) (MM) City of Pecos 13 3H 893 30-Day IP Rate…
  14. January 2015 Investsor Presentation – Rosetta Resources, Inc. – slide 14
    South Texas Division Eagle Ford HIGHLIGHTS Produced 65 MBoe/d, an increase of 34 percent from 2013 and 15 percent versus second quarter Testing potential of Upper Eagle Ford across multiple areas Plan to drill first Upper…
  15. January 2015 Investsor Presentation – Rosetta Resources, Inc. – slide 15
    Gates Ranch 26,200 net acres in Webb County Upper EF Pilot 1st Pilot 10 miles 4th Pilot Sep 30, 2014 Summary Completions to date: 192 gross completions Locations remaining: 247 LEF net well locations1 Average2 Lower…
  16. January 2015 Investsor Presentation – Rosetta Resources, Inc. – slide 16
    Central Dimmit County Area 8,500 net acres located in Dimmit County Sep 30, 2014 Summary Completions to date: 24 gross completions Locations remaining: 91 LEF net well locations Average Well Costs: 5.5 6.0 MM Lasseter &…
  17. January 2015 Investsor Presentation – Rosetta Resources, Inc. – slide 17
    Upper Eagle Ford Pilot Program L&E Upper Eagle Ford Pilot AVG L&E Upper Eagle Ford Offsets AVG L&E Upper Eagle Ford 10,000 3Stream Production (BOE/d) 1,000 100 10 0 50 100 150 200 250 300 350 Normalized Time…
  18. January 2015 Investsor Presentation – Rosetta Resources, Inc. – slide 18
    Eagle Ford Multiple Takeaway Options Gates Ranch NGL Gas Transportation Capacity Breakdown July 2014 Firm gross wellhead transportation and processing C5+ 9% C4 Current capacity of 345 MMcf/d 17% C2 Ethane Six processing options…
  19. January 2015 Investsor Presentation – Rosetta Resources, Inc. – slide 19
    Permian Basin Marketing Oil Currently trucked from leases Gathering options under evaluation Oil gravity averages 43 degrees and receives no gravity deducts New Permian takeaway pipelines on the way (Bridge Tex, PE2, Cactus)…
  20. January 2015 Investsor Presentation – Rosetta Resources, Inc. – slide 20
    Commodity Derivatives Position Dec 16, 2014 Liquid Derivatives1 Natural Gas Derivatives (Bbls/d) (MMBtu/d x 1,000) 26,000 100 26,000 100 7,000 50 24,000 90 31.90 22,000 80 80 20,000 19,000 30 70 18,000 10,000 12,000 70 4.13…
  21. January 2015 Investsor Presentation – Rosetta Resources, Inc. – slide 21
    Debt and Capital Structure Debt Structure Capital Structure (MM) (MM) 3,500 8.0% 3,500 3,395 70% 7.2% 7.0% 3,000 3,000 2,848 56% 60% 6.0% 6.0% 1,485 2,500 5.7% 2,500 53% 50% 5.0% 1,348 2,000 1,910 2,000 40% 4.0% 1,500 34%…
  22. January 2015 Investsor Presentation – Rosetta Resources, Inc. – slide 22
    Liquidity Total Liquidity (Millions) Adequate liquidity to 994 1,000 fund 2014 and 900 estimated 2015 capital 800 714 program 700 600 950 million 800 500 borrowing base 452 400 342 690 800 million 300 237 415…
  23. January 2015 Investsor Presentation – Rosetta Resources, Inc. – slide 23
    Investment Summary Drill-bit focused producer with core acreage positions in Eagle Ford and Permian Basin plays Attractive core Delaware Basin position gaining momentum Successful operator in the high-return Eagle Ford area,…
  24. January 2015 Investsor Presentation – Rosetta Resources, Inc. – slide 24
    Attractive Well Economics (Typical Well) Gates Ranch Horizontal Briscoe Metrics North Tom Hanks L&E Upper Ranch Far South Southeast Far North Wolfcamp Central Average WI 100% 100% 100% 100% 100% 100% 100% 100% NRI 75% 75% 75%…
  25. January 2015 Investsor Presentation – Rosetta Resources, Inc. – slide 25
    Reeves County Horizontal Delineation Program Recent Well Performance Reflecting Enhanced Completion Design Addition of slickwater fluid component to activate natural features and increase fracture complexity Shorter stage spacing to…
  26. January 2015 Investsor Presentation – Rosetta Resources, Inc. – slide 26
    Eagle Ford Horizontal Program Well Cost Guidance Reduced by 500M Reflecting Change in Completion Design Shifting focus of completion design with change in proppant Past Focus: Maximize conductivity New Focus: Maximize stimulated rock…
  27. January 2015 Investsor Presentation – Rosetta Resources, Inc. – slide 27
    Upper Eagle Ford Pilot Program Future Plans are to pilot test the Upper Eagle Ford at North Gates & Briscoe Ranch ... A Pilot 1 Pilot 4 Pilot 2 Pilot 3 Future Pilot Future Pilot (East Gates) (East Gates) (South Gates) (L&E) (North…
  28. January 2015 Investsor Presentation – Rosetta Resources, Inc. – slide 28
    Adjusted EBITDA Reconciliation EBITDA is calculated as net income, excluding income tax expense, interest expense, net of interest capitalized, other income (expense), net, and depreciation, depletion and amortization. Adjusted EBITDA…

From the store

Browse maps, data & reports in the Shale Experts store