Skip to main content TD SECURITIES 2015 LONDON ENERGY CONFERENCE – Keyera Corp. Investor Presentation | Shale Experts
Loading...
Pm

TD SECURITIES 2015 LONDON ENERGY CONFERENCE – Keyera Corp.

Keyera Corp. · Jan 13, 2015 · 24 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. TD SECURITIES 2015 LONDON ENERGY CONFERENCE – Keyera Corp. – slide 1
    Growing to Meet Customer Demand TD Securities 2015 London Energy Conference Jim V. Bertram, Executive Chair
  2. TD SECURITIES 2015 LONDON ENERGY CONFERENCE – Keyera Corp. – slide 2
    Who Is Keyera Key service provider to oil and gas producers in western Canada Facilities well situated to capture decades- long energy resources in western Canada History of stable and growing cash flows Track record of efficient…
  3. TD SECURITIES 2015 LONDON ENERGY CONFERENCE – Keyera Corp. – slide 3
    Excellent Track Record of Financial Performance 13% Per Share Historical Financial Results Payout Ratio 4.50 100% Only 9 months of 4.00 results in 2014 90% 3.50 80% 3.00 70% CAGR3 in distributable cash flow 2.50 60% per…
  4. TD SECURITIES 2015 LONDON ENERGY CONFERENCE – Keyera Corp. – slide 4
    Industry Fundamentals Driving Keyeras Growth 3Assuming timely receipt of approvals and no construction delays Infrastructure Required to Meet Growing Oil and Gas Production 5
  5. TD SECURITIES 2015 LONDON ENERGY CONFERENCE – Keyera Corp. – slide 5
    Keyeras Integrated Business Lines * Fee-for-Service revenues were 68% of Keyeras 2013 Operating Margin, including intersegment transactions. Operating margin refers to total operating revenues less total operating expenses and G&A…
  6. TD SECURITIES 2015 LONDON ENERGY CONFERENCE – Keyera Corp. – slide 6
    Technology Has Changed the Basins Dynamics And Economics Significant multi-zone gas potential on the deeper (west) side of the Montney WCSB (Western Canada Sedimentary Basin) Majority of geological zones have porosity and…
  7. TD SECURITIES 2015 LONDON ENERGY CONFERENCE – Keyera Corp. – slide 7
    WCSB Deep Basin - One of North Americas Emerging Resource Areas Initial drilling indicates that the Duvernay and Montney zones contain high levels of condensate Kaybob / Northern Duvernay and other NGLs Significant infrastructure…
  8. TD SECURITIES 2015 LONDON ENERGY CONFERENCE – Keyera Corp. – slide 8
    Southern Duvernay Significant Infrastructure Available Keyera is well positioned to capture southern Duvernay volumes: 12 plants in the area with 2.2 Bcf/d gross licensed capacity1 2 new plants being developed, adding up to 274…
  9. TD SECURITIES 2015 LONDON ENERGY CONFERENCE – Keyera Corp. – slide 9
    New Pipelines Capturing Growing Gas Production from Other Geological Zones Producers targeting numerous other geological zones in west central Alberta Keyera continues to expand plant capture areas through addition of gathering…
  10. TD SECURITIES 2015 LONDON ENERGY CONFERENCE – Keyera Corp. – slide 10
    Enhancing Service Offering at Rimbey Adding 400 MMcf/d turbo expander to enhance liquids extraction: Ethane capacity growing by 20,000 bbls/d Project underpinned by long-term ethane purchase agreement Gross capital 210 million…
  11. TD SECURITIES 2015 LONDON ENERGY CONFERENCE – Keyera Corp. – slide 11
    Growing Through Selective Acquisitions Disciplined evaluation criteria used to identify acquisition opportunities Acquisitions completed in 2014: Existing Plants: 85% operating owner of Cynthia gas plant 71% operating owner of…
  12. TD SECURITIES 2015 LONDON ENERGY CONFERENCE – Keyera Corp. – slide 12
    NGL Infrastructure Expansion Critical to WCSB Natural Gas Growth Expanding Fractionation and Storage Capacity to Meet Producer Needs 13
  13. TD SECURITIES 2015 LONDON ENERGY CONFERENCE – Keyera Corp. – slide 13
    Keyera Fort Saskatchewan (KFS) Expanding Fractionation Capacity Adding 30,000 bbls/d de-ethanizer To fractionate an ethane-rich stream of NGLs (C2+ mix) Net cost to Keyera 155 million, including pipeline connections and cavern for…
  14. TD SECURITIES 2015 LONDON ENERGY CONFERENCE – Keyera Corp. – slide 14
    KFS Adding Underground Storage Capacity 13th storage cavern being washed; expected in-service H2 20151 14th storage cavern washing began in Q4 2014; expected in- service H2 20161 15th storage cavern drilling underway; washing to…
  15. TD SECURITIES 2015 LONDON ENERGY CONFERENCE – Keyera Corp. – slide 15
    Oil Sands Production Growth Expected to Continue Oil Sands (Bitumen) Production Forecast (Historical + Risked) 4,000 Mining 3,500 In Situ (CSS) In Situ (SAGD) . FORECAST 3,000 2,500 MB/d 2,000 1,500 1,000 500 0…
  16. TD SECURITIES 2015 LONDON ENERGY CONFERENCE – Keyera Corp. – slide 16
    Diluent Demand Drives Logistics Services Diluent (Condensate) Usage Forecast 800 Top 8 Consumers by Ranking 750 of Operated Production 700 Cenovus (Conoco) 650 Imperial (Exxon) 600 Devon (BP) CNRL 550 Husky (BP) FORECAST . 500…
  17. TD SECURITIES 2015 LONDON ENERGY CONFERENCE – Keyera Corp. – slide 17
    Extensive, Flexible Condensate Infrastructure Keyeras Condensate Network Multiple receipt points: Kinder Morgan Cochin pipeline (sole receipt point) Enbridge Southern Lights pipeline Western Canada feeder pipelines Rail imports at…
  18. TD SECURITIES 2015 LONDON ENERGY CONFERENCE – Keyera Corp. – slide 18
    Enbridge Norlite Pipeline Expanding our Condensate Service Offering Diluent pipeline from Fort Saskatchewan to Athabasca oil sands region Keyera will be participating as 30% non-operating owner Long-term take-or-pay agreement with…
  19. TD SECURITIES 2015 LONDON ENERGY CONFERENCE – Keyera Corp. – slide 19
    Expanding our Rail Service Offering Leveraging Logistics Expertise to Support Product Movement by Rail 20
  20. TD SECURITIES 2015 LONDON ENERGY CONFERENCE – Keyera Corp. – slide 20
    Providing Market Access for Western Canadian Producers Keyera has recently added four additional rail and truck terminals1 to enable customers to receive/deliver oil and NGLs from/to markets across North America South Cheecham 50/50…
  21. TD SECURITIES 2015 LONDON ENERGY CONFERENCE – Keyera Corp. – slide 21
    Growing to Meet Customer Demand Capital Cost Approved Projects ( Millions)1 2014 2015 2016 2017 2018 Rimbey turbo expander 210 Wapiti raw gas and condensate pipelines 180 Simonette plant modifications 95 Strachan Vitasul project 66 Gas…
  22. TD SECURITIES 2015 LONDON ENERGY CONFERENCE – Keyera Corp. – slide 22
    Conservative Capital Structure 1.80X1 1 As 2 As of September 30, 2014 and calculated as per Keyeras debt covenants. at September 30, 2014. 12% Net Debt2 to 3 Non-GAAP measure. See Keyeras Q3 2014 MD&A for a definition of EBITDA…
  23. TD SECURITIES 2015 LONDON ENERGY CONFERENCE – Keyera Corp. – slide 23
    Providing Critical Infrastructure for the Oil and Gas Sector in Canada Keyeras growth driven by liquids-rich gas production & oil sands development Western Canadian geology provides multi-decade resource Business based on providing…
  24. TD SECURITIES 2015 LONDON ENERGY CONFERENCE – Keyera Corp. – slide 24
    For Further Information Contact: John Cobb Vice-President, Investor Relations Lavonne Zdunich Director, Investor Relations Nick Kuzyk Manager, Investor Relations 888-699-4853 irkeyera.com Keyera Corp. 600, 144 4 Avenue SW…

From the store

Browse maps, data & reports in the Shale Experts store