Skip to main content Annual General Meeting – Peyto Exploration & Development Corp Investor Presentation | Shale Experts
Loading...
Pm

Annual General Meeting – Peyto Exploration & Development Corp

Peyto Exploration & Development Corp · May 18, 2011 · 48 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. Annual General Meeting – Peyto Exploration & Development Corp – slide 1
    PEYTO Exploration & Development Corp Corp.
  2. Annual General Meeting – Peyto Exploration & Development Corp – slide 2
    2011 2003 2010 1998 2003 www.Peyto.com Annual General Meeting May 18, 2011
  3. Annual General Meeting – Peyto Exploration & Development Corp – slide 3
    Peyto Profile PEYTO Exploration & Development Corp. N TSX Listing: PEY N Monthly Dividend: 0.06/share N Shares Outstanding: g 133 million ((6% insider ownership) p) N Current Production: 210 MMCFe/d (35,000 boe/d) N…
  4. Annual General Meeting – Peyto Exploration & Development Corp – slide 4
    The Peyto Strategy PEYTO Exploration & Development Corp. Deploy p y Superior p Business Acumen N Deep basin technical expertise N Continuous focus on returns N Internally generated drilling ideas (over 1,000 locations to…
  5. Annual General Meeting – Peyto Exploration & Development Corp – slide 5
    The Peyto Strategy S Superior i ShShareholder h ld R Return t PEYTO Exploration & Development Corp. 40.00 35.00 30.00 25.00 25.00 20.00 15.00 10.00 5.00 Share price w/dist Sh i /di t Share price…
  6. Annual General Meeting – Peyto Exploration & Development Corp – slide 6
    The Peyto Strategy W Invest We I t In I Ourselves O l PEYTO Exploration & Development Corp. 40.00 d per million) nd without cum distribution) Production/share 250 300 boe/d/mm shares 35.00 250 30.00 or Share…
  7. Annual General Meeting – Peyto Exploration & Development Corp – slide 7
    The Peyto Strategy S Successful f l 2010 C Capital it l P Program PEYTO Exploration & Development Corp. 180 160 140 120 2010 Drills 2010 Net Capex 201 Million 100 (All in 261MM less 60MM in Op Income from 2010 wells) 45…
  8. Annual General Meeting – Peyto Exploration & Development Corp – slide 8
    Peytos Business PEYTO Exploration & Development Corp.
  9. Annual General Meeting – Peyto Exploration & Development Corp – slide 9
    Peytos Business 12 Y Year T Track kRRecord d PEYTO Exploration & Development Corp. Prospect Generation Reserves Growth NAV Growth Profit Sharing (BCFe) (NPV5 Debt Adj/Unit) 1999 2000 2001 1999 2002 2000…
  10. Annual General Meeting – Peyto Exploration & Development Corp – slide 10
    Peytos Business A l i H Applying Hz T Technology h l tto Ti Tight ht S Sands d PEYTO Exploration & Development Corp. Sundance Area Reservoirs 10 12 10 5/17/2011
  11. Annual General Meeting – Peyto Exploration & Development Corp – slide 11
    Peytos Business P Proven Leader L d iin th the D Deep B Basin i PEYTO Exploration & Development Corp. Alberta's Central Deep Basin Activity AF AFF A FAA AA A EE A EF E Horizontal gas wells last 12 mo. A F F A…
  12. Annual General Meeting – Peyto Exploration & Development Corp – slide 12
    Peytos Business F Focus on Returns R t Drives Di C Capital it l Di Discipline i li PEYTO Exploration & Development Corp. 2011F < 20,000/boe/d 60,000 2010 17,300/boe/d 2009 17,300/boe/d 2009 2008 33,100/boe/d 2007…
  13. Annual General Meeting – Peyto Exploration & Development Corp – slide 13
    Peytos Business U i Unique L d St Land t Strategy PEYTO Exploration & Development Corp. 1,000 3,000,000 c) 900 ed Land (boe/ac 2,500,000 800 700 ac) 2,000,000 developed Reserrves/Undevelope eveloped Land…
  14. Annual General Meeting – Peyto Exploration & Development Corp – slide 14
    Peytos Business Deep Basin Lands Go A Long Way PEYTO Exploration & Development Corp. Peyto Lands (as at Dec. 31, 2010) UNDEVELOPED DEVELOPED TOTAL ACRES COMPANY GROSS NET GROSS NET GROSS NET Peyto Energy Limited Partnership…
  15. Annual General Meeting – Peyto Exploration & Development Corp – slide 15
    Deploy Superior Business Acumen The Peyto Way PEYTO Exploration & Development Corp. 15 5/17/2011
  16. Annual General Meeting – Peyto Exploration & Development Corp – slide 16
    Understanding the Geology Geotechnical Tools To Improve Hz Drilling PEYTO Exploration & Development Corp. 0 05 4 0 00 4 0 053 0 0 0 4 S A G E C 0 3 .0 0 003 L N E V A E / E 0…
  17. Annual General Meeting – Peyto Exploration & Development Corp – slide 17
    Improved Drilling Performance Better By Design PEYTO Exploration & Development Corp. Reduced Drill Times Optimized Bit Selection Improved Direction Control More Experienced Crews Top Drive Rigs 30% faster 17 5/17/2011
  18. Annual General Meeting – Peyto Exploration & Development Corp – slide 18
    Completion Cost Improvement Innovative Water Handling PEYTO Exploration & Development Corp. 18 5/17/2011
  19. Annual General Meeting – Peyto Exploration & Development Corp – slide 19
    Drill and Complete , M Drill and Complete, M M 1,000 2,000 5,000 6,000 7,000 0 3,000 4,000 1,000 2,000 3,000 4,000 5,000 6,000 7,000 0 00/06-27-054-22W5/2 00/14-07-056-17W5/2 00/13-06-055-21W5/0, Q1…
  20. Annual General Meeting – Peyto Exploration & Development Corp – slide 20
    Reduced Tie-in Costs Multi-Well Pad Sites PEYTO Exploration & Development Corp. 20 5/17/2011
  21. Annual General Meeting – Peyto Exploration & Development Corp – slide 21
    Infrastructure Investment Main Gathering Lines Minimize Backout PEYTO Exploration & Development Corp. R25 R24 R23 R22 R21 R20 R19 R18 R17 R16W5 FF C FF 36FCFF A FK FCF A AF CF A AF AF FF AFFF CF A 31 F A FFF L FAAFFF A F A G L…
  22. Annual General Meeting – Peyto Exploration & Development Corp – slide 22
    Gas Plant Capacity Expansion Nosehill, Wildhay and Oldman Plants All Bigger PEYTO Exploration & Development Corp. Peyto Nosehill Gas Processing Plant 11-21-55-20W5 20 mmcf/d 50 mmcf/d 60 mmcf/d 120 mmcf/d Capacity Capacity…
  23. Annual General Meeting – Peyto Exploration & Development Corp – slide 23
    Fun in the Field PEYTO Exploration & Development Corp.
  24. Annual General Meeting – Peyto Exploration & Development Corp – slide 24
    Peytos Peyto s Assets PEYTO Exploration & Development Corp.
  25. Annual General Meeting – Peyto Exploration & Development Corp – slide 25
    Peytos Assets G hi ll F Geographically dC Focused Core A Areas PEYTO Exploration & Development Corp. 267,000 net acres R10 R8 R6 R4 R2W6 R27 R25 5 R23 operated R21 gas R19 plants R17 R15 R13W5 T64 ---(285 mmcf/d capacity)…
  26. Annual General Meeting – Peyto Exploration & Development Corp – slide 26
    Peytos Assets L Large H Hz MSF IInventory t PEYTO Exploration & Development Corp. Horizontal Horizontal Locations 126 locations 19 locations 87 locations 116 locations 154 locations 6 locations 500…
  27. Annual General Meeting – Peyto Exploration & Development Corp – slide 27
    Cardium Resource Play E Economic i CComparison i Vertical V ti l vs. H Horizontal i t l PEYTO Exploration & Development Corp. 9,000 Ave Cardium Vertical last 5 yrs (00/132005522W5/0) Well 1 Well 2 Well 3 8 000 8,000 Well…
  28. Annual General Meeting – Peyto Exploration & Development Corp – slide 28
    Notikewin Resource Play E Economic i CComparison i Vertical V ti l vs. H Horizontal i t l PEYTO Exploration & Development Corp. Average Vertical Notikewin 00/080305621W5/0 10,000 Well 1 Well 2 Hi h Hz High H W ll 4 Well 4…
  29. Annual General Meeting – Peyto Exploration & Development Corp – slide 29
    Wilrich Resource Play E Economic i CComparison i Vertical V ti l vs. H Horizontal i t l PEYTO Exploration & Development Corp. Average Wilrich Vertical 00/022605520W5/0 Well 1 Well 2 Well 3 9,000 Well 4 Well 5 Well 6 Well 7…
  30. Annual General Meeting – Peyto Exploration & Development Corp – slide 30
    Falher Resource Play E Economic i CComparison i PEYTO Exploration & Development Corp. 9,000 Well 1 Well 2 8,000 Well 3 Well 4 7,000 Well 5 Ave Falher Hz Daily Gas Production (mcfe/d) 6,000 Target Hz Extrap 5,000…
  31. Annual General Meeting – Peyto Exploration & Development Corp – slide 31
    Peytos Assets L Longest tRReserve Lif Life PEYTO Exploration & Development Corp. 2010 Year End Proven Producing Reserve Life 15 Long 10 ears Average Ye Short 5 - 31 5/17/2011
  32. Annual General Meeting – Peyto Exploration & Development Corp – slide 32
    Peytos Assets Lowest Operating Costs 2010 Operating Costs 20 18 16 14 Ave 10.82/boe 12 /boe 10 8 6 4 2 - Operating Costs include Transportation costs. 32 BOE factor - 6 mcf = 1 bbl of oil equivalent…
  33. Annual General Meeting – Peyto Exploration & Development Corp – slide 33
    Peytos Assets L Lowest tOOperating ti C Costs t Gas G Producers P d PEYTO Exploration & Development Corp. 18 140 PEYTO 16 Daylight 120 Trilogy 14 Fairborne 100 Edm Par Oil Price (/bbbl) Advantage Operatinng Costs…
  34. Annual General Meeting – Peyto Exploration & Development Corp – slide 34
    Peytos Assets C ti Continuous IImprovementt in i OOperating ti Costs C t PEYTO Exploration & Development Corp. Methanol recovery reduces M h l d cost and recycles methanol Downhole chokes reduce Downhole chokes reduce…
  35. Annual General Meeting – Peyto Exploration & Development Corp – slide 35
    Peytos Assets D Deep G Gas Drilling D illi R Royalty lt IIncentives ti PEYTO Exploration & Development Corp. 3,500-4,000 m MD Trigger depth for Natural Gas Deep Drilling Program 2,200 m TVD reduced from 2,500m TVD to 2,000m…
  36. Annual General Meeting – Peyto Exploration & Development Corp – slide 36
    Peytos Assets Low FD&A Costs, Costs High Recycle Ratio PEYTO Exploration & Development Corp. 8 7 6 5.02 5 5 /Mcfe 4 3 2 0 2.10 2 1 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 PDP TP…
  37. Annual General Meeting – Peyto Exploration & Development Corp – slide 37
    Peytos Assets L Lowest t FD&A Cost C t PEYTO Exploration & Development Corp. 2010 Proven Producing FD&A Costs 40 35 30 25 ost (/boe) 20 FD&A Co 15 10 5 0 37 FD&A Cost Inclusive of Acquisition, Finding…
  38. Annual General Meeting – Peyto Exploration & Development Corp – slide 38
    Peytos Assets L Lowest tTTotal t l Costs C t PEYTO Exploration & Development Corp. 2010 Low Total Costs 140% Total Revenue ((/boe) 120% 100% 80% 60% Total Costs (/boe) / T 40% 20% 0% Op Costs…
  39. Annual General Meeting – Peyto Exploration & Development Corp – slide 39
    Peytos Assets P t Full-Cycle Peytos F ll C l G Gas S Supply l CCostt PEYTO Exploration & Development Corp. 10 10 hedged Realiized Price (//mcfe) cfe) 8 40% 8 as Price (/GJ J) s Price (/mc Average Profit 6 6…
  40. Annual General Meeting – Peyto Exploration & Development Corp – slide 40
    Peytos Assets Wh Profitable Whos P fit bl PEYTO Exploration & Development Corp. Peyto Ave Profit 2002-2010 = 2.80/mcfe Ultra Pet. Ave Profit 2002-2010 = 1.96/mcfe 10 10 10 10 Price (/mcfe) e (/mcfe) Price (/mcf) 8 40%…
  41. Annual General Meeting – Peyto Exploration & Development Corp – slide 41
    Peytos Assets Li id Ri Liquids Rich hMMargins i PEYTO Exploration & Development Corp. Total Peyto Revenue 85.7% Gas 14 3% Liquids 14.3% New Drilling May 16 Peyto 2010 Unhedged Cardium Hztl Wilrich/Notikewin Hztl swaps…
  42. Annual General Meeting – Peyto Exploration & Development Corp – slide 42
    Peytos Peyto s Returns PEYTO Exploration & Development Corp.
  43. Annual General Meeting – Peyto Exploration & Development Corp – slide 43
    Peytos Returns Hi hR High t Returns on C it l and Capital dE it Equity PEYTO Exploration & Development Corp. 60% 10 9 50% 8 7 40% 6 30% 5 4 20% 3 2 10% 1 0% 0 1999 2000 2001 2002 2003 2004 2005 2006 2007…
  44. Annual General Meeting – Peyto Exploration & Development Corp – slide 44
    Peytos Returns Sh h ld Returns Shareholder R t = Growth G th + IIncome PEYTO Exploration & Development Corp. 50 40 are PV5 debt adjusted/sha 30 20 10 - 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009…
  45. Annual General Meeting – Peyto Exploration & Development Corp – slide 45
    Peytos Returns I Investor t Recycle R l Ratio R ti - Industry I d t Comparison C i PEYTO Exploration & Development Corp. 30 3.0 Below 1.0 means you are paying more for the boes than the company sells them for. 2.5…
  46. Annual General Meeting – Peyto Exploration & Development Corp – slide 46
    2011 Outlook More Of 2010 PEYTO Exploration & Development Corp. Capital Expenditures (300-325 million before DRC) Drill and Re-enter New Gas Locations ((90% Hz)) Expand Gas Gathering & Processing Capacity Expand Undeveloped…
  47. Annual General Meeting – Peyto Exploration & Development Corp – slide 47
    2011 Outlook 2010 All O Over A Again i PEYTO Exploration & Development Corp. 60,000 2011F 17,300/boe/d 2010 17,300/boe/d 2009 17,300/boe/d 2008 33,100/boe/d 2012 Decline Assumes boe/d) 2007 26,500/boe/d 20,000…
  48. Annual General Meeting – Peyto Exploration & Development Corp – slide 48
    PEYTO Exploration & Development Corp Corp.

From the store

Browse maps, data & reports in the Shale Experts store