SundanceEnergyAustraliaLimited(ASX:SEA) April 2014 Execute Deliver Grow
Investment Highlights Premier position in 3 of the leading US oil resource plays, the Eagle Ford, Wattenberg, and Mississippian/Woodford Premier Acreage Approximately 180 gross (128 net) Eagle Ford drilling locations providing…
Quarterly Overview Increased the Companys Eagle Ford position to 14,000 net mineral acres through the addition of approximately 5,900 net acres from January - April 2014 Average production of 4,723 boepd (net of royalties) in the…
Production and Revenue Trend Revenue (US000s) & Production (boepd), net of Royalties 35,000 5,000 Increased production by approximately 713 boepd 4,500 30,000 compared to Q4 2013 (excluding 4,000 640 boepd from the Phoenix 25,000…
Adjusted EBITDAX Trend Adjusted EBITDAX EBITDAX margin increased to 69% 100% in Q1 2014 from 62% in 2013 20,000 90% Reduced production taxes as a 17,500 80% percent of revenue to 5.4% in Q1 70% 2014 from 7.3% in 2013 by 15,000…
Reserves Summary(1) Net Reserves Future Net Revenue (M) Oil NGLs Gas Present (mbbls) (mbbls) (mmcf) mboe Total Worth at 10% Proved Developed Producing 3,616.9 977.7 8,728.9 6,049.4 271,372.8 192,304.6 Proved Developed Not Producing…
Clear Visibility Towards Continued 1P Reserve Growth Proved PV10 400 350 (MM) 1P PV10 2P PV10 3P PV10 300 Eagle Ford 192.0 285.2 465.5 Proved PV10 (MM) 250 DJ Basin 66.5 93.0 157.7 Mississippian/Woodford 66.7 84.0 191.8…
Diversified Assets in Leading US Liquids Basins Williston Basin Bakken/Three Forks Net Acres 3,300 1P Reserves (mmboe) (1) 1.3 Production (boepd) (3) 124 DJ Basin Niobrara/Codell Wattenberg Net Acres 5,000 Greater Anadarko…
Eagle Ford Major Players Producing Eagle Ford wells color coded by Operator: EOG BHP -Petrohawk Chesapeake Goodrich Cabot Oil Window Chesapeake Talisman GOR < 750 Newfield Swift Chesapeake Anadarko…
Eagle Ford Acreage Increased to 14,000 Net Acres 12
Shannon EFS 2H & 3H vs. the Shannon EFS 1H Key changes to well design include zipper frac, tubing installation early in flowback and several changes to the frac design 40,000 35,000 30,000 CUMULATIVE BOE 25,000 20,000…
Early Results from All White Sand (AWS) Frac (Q-Ballard) Key changes to well design include zipper frac, tubing installation early in flowback and AWS (all-white sand) frac design 9000 8000 7000 6000 CUMULATIVE BOE…
2013 Eagle Ford Results vs. Internal Type Curves 16
McMullen County - Eagle Ford Economics Rate of Return Sensitivities 8.2 MM Well - 5,500ft lateral 60 50 40 IRR (%) 30 Eagleford Type Curve 1,000 20 10 0 75 85 95 105 Nymex Price/Bbl (LLS x 103%) Boe/d 4.25/Mcf…
2013 Mississippian Results vs. Internal Type Curves 19
Logan County Mississippian Lime Economics Rate of Return Sensitivities 3.5 MM Well with 65% Oil 100 90 80 70 IRR (%) 60 50 40 30 Mississippian Lime Type Curve 20 1,000 10 0 75 85 95 105 Nymex Price/Bbl 3% Discount to…
Activity Pipeline Non-Core Asset Sales (TBD) Continued Growth in Eagle Ford Acreage/ Drilling Inventory 2014 New Mississippian & Woodford well results Q314 Additional results from new Eagle Ford completion designs…
Appendices 22
Definitions Sundance oil prices are based on a West Texas Intermediate posted price of 93.42 per barrel and are adjusted by area for quality, transportation fees, and regional price differentials. Sundance gas prices are based on a…
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