Investor Presentation June 2014 1 http://www.sundanceenergy.net
Company overview Noncore asset; Williston Basin expected to be Bakken / Three Forks divested during 2014 Net acres: 3,300 1P reserves: 1.4 mmboe Production: 124 boed Greater Anadarko Mississippian / Woodford Net acres:…
Overview of Sundance Energy 2005 Present Sundance Energy completed Change in strategic direction In 2013, Sundance May 2014 South Texas Drive value through drill its initial public offering on to acquire high working completed a…
Track record of growth Average daily production (boed)(1) Proved reserve potential upside (mmboe)(2) 8,500 81.3 2.4 38.2 4,723 27.4 2,966 2.0 16.1 1,329 1.4 8.0 40.7 689 895 4.4 253 17.4 10.3 June 2010 2H10 2011…
2014 forecasted development plan 2014 Exploration and development program 2014 Capital spend by region 3% Capex Total Eagle Ford 12% Gross Net per Well Capex Wells Wells ( mm) ( mm) Operated Mississippian Mississippian 10.9…
1Q14 drilling and completion inventory 1Q14 Producing wells(1) 1Q14 inprogress wells(1) 5% 38% Eagle Ford 36% Anadarko Williston (2) 58% 62% Net producing wells Inprogress wells Waiting Fraccing / Total in March 31,…
Research analyst expectations and key financial metrics 2014 Consensus estimates 2015 Consensus estimates Production volumes Production volumes Liquids Gas Total Production Liquids Gas Total Production (mbbl) (mmcf) (mboe) (boed)…
Proved reserves and production by region Proved reserves by region (mmboe)(1) Production by region (boed)(2) Williston (3) Williston(3) 8% 3% Mississippian / Woodford 34% Mississippian / Woodford 28% Eagle Ford Eagle…
Historical reserve, capital expenditure and production overview 1P reserves(1) 3P reserves(1) 2012: 10 mmboe 2013: 16 mmboe 2012: 43 mmboe 2013: 81 mmboe 16% 27% Eagle Ford Eagle Ford (2) 39% 44% Williston Basin Williston…
Strong track record of value creation A case study on the Texon Petroleum merger and subsequent Eagle Ford expansion Texon assets at merger Operational enhancement Assets today 7,300 net acres in the Eagle Efficiency improvements South…
Asset overview Eagle Ford / Georgetown Eagle Ford operator with substantial, highquality drilling inventory and significant production growth profile 25,000 net acre position targeting the Eagle Ford and Georgetown formations(1)…
Asset overview (contd) Eagle Ford McMullen area Eagle Ford well performance vs. internal type curve(1) 10,000 Months on production 1,000 375 mboe type curve 5,500 foot lateral 525 mboe type curve 7,000 foot lateral BOE/d…
Asset overview (contd) Eagle Ford Dimmit Well economics / Return sensitivities(1) Dimmit Eagle Ford well control Well Economics Dimmit LEGEND SEA Acreage Gross (net) locations 115 (69) Anadarko Eagle Ford Wells Chesapeake Eagle…
Asset overview (contd) Mississippian / Woodford 31,000 net acre position targeting the Mississippian and Woodford formations primarily in Logan county Q1 2014 production of 1,421 boed 4.4 mmboe of proved reserves(1) 269 net…
Asset overview (contd) Mississippian / Woodford Logan area Mississippian well performance vs. internal type curve 1,000 Months on production 200 mboe type curve 250 mboe type curve Actual 2013 development program BOE/d…
Capitalization and hedge position Capital structure Hedge position as of March 31, 2014 (mm, except shares outstanding) Oil derivative contracts Gas derivative contracts Cash(1) 175.0 Weighted average Weighted average Year Units…
Credit facility summary Credit Facilities 300 million senior credit facility due December 2017 100 million borrowing base (none outstanding)(1) 3 bank syndicate Wells Fargo (Administrative Agent) Bank of Nova Scotia Bank of…
Key investment highlights Premier position in 2 of the leading US oil resource plays the Eagle Ford and Mississippian / Woodford Exposure to premier Over 70,000 net acres, including 25,000 in the Eagle Ford / Georgetown Formations…
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