Skip to main content December 2014 Corporate Update – Athabasca Oil Corp Investor Presentation | Shale Experts
Loading...
Pm

December 2014 Corporate Update – Athabasca Oil Corp

Athabasca Oil Corp · Dec 12, 2014 · 29 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. December 2014 Corporate Update – Athabasca Oil Corp – slide 1
    Corporate Update Duvernay Light Oil December 2014 Hangingstone Thermal Oil
  2. December 2014 Corporate Update – Athabasca Oil Corp – slide 2
    Value Proposition World Class Assets 1,000+ well inventory in the Duvernay shale play at Kaybob 80,000 bbl/d project potential at the Funding Hangingstone thermal asset Assets Significant long-term optionality within a diverse…
  3. December 2014 Corporate Update – Athabasca Oil Corp – slide 3
    How We Get There Guiding Principles Cash Flow Growth Balance Sheet Strength Accelerate near-term cash flow Capital and cost discipline Focus on returns Focus on core assets Delivering on Commitments Execution Excellence Set…
  4. December 2014 Corporate Update – Athabasca Oil Corp – slide 4
    Financial Highlights and Initial 2015 Budget Capitalization Highlights(1) Capital Expenditures / Funding in Place ( MM) 1,300 Stock exchange listing TSX 1,000 Q1/15 Trading symbol ATH 52-week trading range 2.36 - 8.84 /sh 675…
  5. December 2014 Corporate Update – Athabasca Oil Corp – slide 5
    Focused on our Core Assets Light Oil: Kaybob Fort 167 million initial budget; McMurray predominately reflects operations until spring break-up 11 Duvernay wells in the winter program Hangingstone Significant flexibility to…
  6. December 2014 Corporate Update – Athabasca Oil Corp – slide 6
    Duvernay Kaybob frac operation drilling Duvernay Overview
  7. December 2014 Corporate Update – Athabasca Oil Corp – slide 7
    The Duvernay is a World Class Resource Select Select Unconventional Unconventional Plays Plays In In North America North America World Large in place resource Class High liquid content: 100 -1,000 bbl/MMcf free condensate…
  8. December 2014 Corporate Update – Athabasca Oil Corp – slide 8
    Industry Transitioning to Development AOC Drilled Duvernay (9) Licensed Duvernay (361) Drilled Duvernay (231) Athabasca Apache Chevron Hitic Shell Trilogy Shell Partial Farm In Xto Conoco Encana Talisman Other Apache Partial 8
  9. December 2014 Corporate Update – Athabasca Oil Corp – slide 9
    Activity on the Upswing Industry transitioning to development Majors are accelerating activity from the appraisal Eagle Ford to development stage Increased licensing activity by the majors a precursor for an uptick in spending Y/Y…
  10. December 2014 Corporate Update – Athabasca Oil Corp – slide 10
    Duvernay Activity Update 4-29 S/C/Hz. On stream: June 16, 2014 30 day IP (restricted) 615 boe/d (0.7 MMcf/d & 710 bbl/MMcf) 8-29 Hz. CTD 47 mboe, 71% liquids On stream: June 21, 2014 30 day IP (restricted) 784 boe/d (0.8 MMcf/d &…
  11. December 2014 Corporate Update – Athabasca Oil Corp – slide 11
    Liquids Yield is Driving Economics Pressure (1,000 psi) 0 5 10 15 0 AOC Industry Depth (1,000 ft) 5 08-18 01-07 10 4-32 Pad 02-34 06-10 01-25 0.44 0.6 0.7 0.8 0.9 15 Under-Pressured Over-Pressured 0 -…
  12. December 2014 Corporate Update – Athabasca Oil Corp – slide 12
    Current Duvernay Well Economics are Compelling(1) 02/2-34-62-20W5 Initial Free Liquids Economic Sensitivity(2) 2,000 350 30 1,800 Cumulative Production (mboe) 300 01-25-62-25W5 1,600 25 102/02-34 Payout Production…
  13. December 2014 Corporate Update – Athabasca Oil Corp – slide 13
    Defining the Duvernay Fairway Kaybob West Kaybob East Acreage: 52,000 ac Acreage: 113,000 ac Locations: 295 Locations: 640+ NPV/well: 10 17 MM NPV/well: 5 15 MM Saxon/Simonette Acreage: 53,000 ac Locations: 300 NPV/well: 13…
  14. December 2014 Corporate Update – Athabasca Oil Corp – slide 14
    Duvernay Growth Scenario Potential for material production growth Duvernay Scenario - Daily Production 70,000 7 Inventory of 1,000 wells; growth weighted to 60,000 6 high value liquids Production (boe/d) 50,000 5 Timeline can…
  15. December 2014 Corporate Update – Athabasca Oil Corp – slide 15
    AOC Controls Strategic Infrastructure Total Battery Capacity Gas Pipeline Oil Capacity 36,000 bbl/d Up to Gas Capacity 84 MMcf/d, 180 MMcf/d Gas Capacity expandable to 130 MMcf/d Kaybob East AOC 91 km Pipeline Fort…
  16. December 2014 Corporate Update – Athabasca Oil Corp – slide 16
    Hangingstone CPF Hangingstone Overview
  17. December 2014 Corporate Update – Athabasca Oil Corp – slide 17
    Hangingstone Development Resource Hangingstone Regional Development Map 225 MMbbl reserves(1) 782 MMbbl contingent resources(2) Fort McMurray Development Project HS1 12,000 bbl/d First Steam expected end Q1 2015 Project HS2A…
  18. December 2014 Corporate Update – Athabasca Oil Corp – slide 18
    Efficient Delivery of First Thermal Project 565 MM Cost Performance Incurred Remaining Spend Hangingstone Project 1(1) 532 MM 33 MM Progress 0% 100% Engineering Procurement Dilbit tanks September 2014 Construction…
  19. December 2014 Corporate Update – Athabasca Oil Corp – slide 19
    Drilling and Reservoir Results to Date Application of Industry Best Practices 5m of separation as per design One delineation well per SAGD pair High resolution 3D seismic Integrated workflow providing optimal reservoir planning…
  20. December 2014 Corporate Update – Athabasca Oil Corp – slide 20
    Development Profile Operations Cash Flow (MM/year) 140 14,000 Approved In Construction 120 12,000 Daily Production (bbl/d) 100 10,000 Hangingstone Project 1 80 8,000 12,000 bbl/d 12,000 bbl/d First steam end Q1 2015 60…
  21. December 2014 Corporate Update – Athabasca Oil Corp – slide 21
    Saxon Battery Other Assets
  22. December 2014 Corporate Update – Athabasca Oil Corp – slide 22
    Development and Exploration Opportunities Grosmont 418 MMbbl(1) (AOC interest) Apply recovery mechanisms being tested by industry Birch Slave Point Slave Point 2.1 Bbbl(1) 675,000 acre land position Validated oil production…
  23. December 2014 Corporate Update – Athabasca Oil Corp – slide 23
    Hangingstone Hangingstone CPF Project 1 Supplemental Information
  24. December 2014 Corporate Update – Athabasca Oil Corp – slide 24
    Long-term Debt and Credit Facility Overview As at Sept. 30, 2014 Undrawn Credit Facilities ( MM, Cdn) Interest Rate Pre-payment Terms Cdn 125 MM senior secured revolving credit facility due 2017 125 5% Pre-payable without penalty 2015…
  25. December 2014 Corporate Update – Athabasca Oil Corp – slide 25
    Montney Appraisal, Leading to Development Placid Montney Development Plan AOC Kaybob Region Montney Rights Simonette Placid Bigstone AOC Placid Type Curve 1,800 Initial condensate yield 100 bbl/MMcf Approximately one…
  26. December 2014 Corporate Update – Athabasca Oil Corp – slide 26
    Duvernay 4-32 Pad Initial Production 77 day 8-29-64-20W5 69 day 4-29-64-20W5 soak period (on-strike orientation) soak period (north-south orientation) 2,000 4,000 2,000 4,000 TEST POST SOAK T POST SOAK E S 1,800 3,600 1,800 T…
  27. December 2014 Corporate Update – Athabasca Oil Corp – slide 27
    Duvernay 1-7 and 1-25 Initial Production 1-7-64-20W5 1-25-62-25W5 2,000 4,000 4,000 8,000 1,800 3,600 7,200 3,500 1,600 3,200 6,400 3,000 1,400 2,800 5,600 Rate (mcf/d, bbl/d) Rate (mcf/d, bbl/d) 2,500 Pressure…
  28. December 2014 Corporate Update – Athabasca Oil Corp – slide 28
    Management Team Thomas Buchanan, FCA President & Chief Executive Officer Board of Directors Over 30 years experience in the oil and natural gas sector, and currently Chairman of Spyglass Resources Corp. Thomas Buchanan, FCA Formerly…
  29. December 2014 Corporate Update – Athabasca Oil Corp – slide 29
    Corporate Office 2000, 250 6 Ave SW, Calgary, Alberta, T2P 3H7 Telephone: 403-237-8227 Fax: 403-264-4640 www.atha.com

From the store

Browse maps, data & reports in the Shale Experts store