Marcellus Shale Gas Dana W. Johnson, President, U.S. Operations

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Marcellus Shale Gas Dana W. Johnson, President, U.S. Operations"

Transcription

1 The Game Plan Marcellus Shale Gas Dana W. Johnson, President, U.S. Operations

2 Marcellus Shale Gas Overview Current land position of ~ 200,000 net acres 70,000 net operated acres with an average working interest of 90% Long lease tenure at attractive entry price in area that has good thickness & maturity Average 24% non-operated working interest in ~467,000 gross acres (~114,000 net) primarily in Pennsylvania and West Virginia with Chief Oil & Gas Average 19% non-operated working interest in ~103,000 gross acres (~20,000 net) in NE Pennsylvania with EXCO Resources 1

3 Marcellus Potential Planned production growth of over 150 MMcf/day over next 4 years Contingent Resource Est Operated Tcfe Non-Operated 2.1 Tcfe 2.7 Tcfe Total 2.1 Tcfe 3.9 Tcfe # of Net Locations Land Utilization 55% 65% Average EUR/Well 3.4 Bcfe average 4.2 Bcfe average Well Costs $4 $5 million $4.5 $6.8 million Density 4-8 wells/640 acres 4-8 wells/640 acres 2P Reserves 24 Bcfe 117 Bcfe 3.9 Tcfe of best estimate contingent resource Majority of reserve bookings are in Lycoming, Susquehanna and Marshall counties - represents about 1 year s drilling Best estimate of contingent resource is nearly 5x booked corporate 2P natural gas reserves Attractive finding and development costs of $1.64/Mcfe in 2010 and over life 2

4 Geologic Variances Across the Play Counties ranked on weighted criteria: Formation at least 25 feet thick Proximity to economic production Original Gas in Place (OGIP) Bcf Maturity (Ro% or Heat Value) Northeast PA average EUR of Bcf+ Southwest PA average EUR of 4.0 Bcfe Although Tier 1 counties in NE PA have much higher OGIP, expect that greater well spacing is required than in the Tier 1 counties in SW PA We expect both regions to have a similar recovery factor 98% of Enerplus wells in our resource assessment are in the dry gas window 3

5 Marcellus Performance Cumulative Production Type curve estimates have been increased as well results have either met or exceeded our expectations 25% of wells are above 6 Bcfe type curve 4

6 Marcellus Performance NE Pennsylvania 21 MARCELLUS HORIZONTAL PRODUCERS Daily Production (Mcf/day) 14,000 12,000 10,000 8,000 6,000 4,000 Lycoming 1 Lycoming 2 Lycoming 4 Lycoming 3 Lycoming 10 Lycoming 11 Lycoming 12 Lycoming 13 Lycoming 14 Lycoming 5 Lycoming 6 Lycoming 7 Lycoming 8 Lycoming 9 Susq. 1 Susq. 2 Susq. 3 Lycoming 15 Lycoming 16 Lycoming 17 Lycoming 18 Average Horizontal Type Curve (EUR 6 BCF) 2, Days on Production 5

7 Marcellus Well Economics NYMEX $/MMbtu IRR 4.0 Bcf Well 5.0 Bcf Well 6.0 Bcf Well Payout (Years) NPV 12% ($MM) IRR Payout (Years) NPV 12% ($MM) IRR Payout (Years) NPV 12% ($MM) * Assumes long-run well cost of $6.0 MM $ % 3.4 $ % 2.5 $ % 2.0 $6.62 $ % 4.9 $ % 3.4 $ % 2.6 $3.99 $4.00 7% 8.6 ($1.02) 13% 5.7 $ % 4.2 $1.35 Wells in the liquids rich gas window of the Marcellus that have higher liquids content show a ~20% improvement in netbacks versus dry gas wells 6.0 Bcf Type Curve 3.5 Bcf Type Curve 6

8 Well Design Drilling (Average 30 days) Operated Drilling primarily delineation wells with vertical pilot, cores and logs 5 single well pads in Centre County, PA (2 wells ) and Preston County, WV (3 wells) Lateral length of 4,000 to 5,000 Closed loop system with synthetic mud Installing water infrastructure Non operated Drilling primarily lease saving operations, rather than pad drilling Vast majority single well pads with a few 2 to 4 well pads Longer laterals 3,000-5,000 Closed loop system with synthetic mud Completions (2 to 4 weeks) Operated frac stages, 300 to 400 per stage 4 perf clusters per stage Slickwater frac with multiple sweeps Non-operated Fewer frac stages and larger frac intervals perf clusters per stage Still testing 1 month resting of wells Reduced chemical loading Drilling costs range from $2.5 $3.5 million Completion costs range from $3.0 $4.0 million 7

9 Marcellus Well Timeline 6 8 months Well application / permit approval Site Build Drilling Waiting on Frac Crews Fracing days in PA days days/well days 7-14 days days in WV Assumes water sources permitted Current regulations Cannot begin building site until permit in hand Depends on time of year Multi-well pads self-skidding rigs help reduce drilling time Shortage of frac fleets relative to basin-wide drilling activity Note: Timeline excludes well resting and tie-in to gathering systems 8

10 Gathering Gas in the Marcellus NE PA Susquehanna, Bradford, Sullivan, Lycoming Central PA Clearfield, Clinton, Centre Midstream Party Chief Midstream Caiman/ Chief Midstream South PA Cambria, Somerset, Fayette SW PA & WV Marshall, Green PA Caiman Caiman / MarkWest Plant Comments Most mature area of the field where Chief has been acquiring ROW and laying pipe to their own producing wells for the past 2 years New drills are just being evaluated and egress routes being investigated Pipeline activity wasn t started until 2010 as no wells were completed (assume 1 year behind Marshall County) Liquids rich gas area that is currently flowing wet into the sales pipe waiting on the MW Plant for liquids extraction Wells to be tied-in in

11 Marcellus Drilling Activity To Date* Gross Wells Drilled (at Mar 3, 2011) Horizontal Vertical Total Producing Partially Drilled** Waiting on Completion Waiting on Pipeline Total Gross Wells * Includes operated and non-op wells drilled by Chief & Exco **Vertical portion of well drilled, awaiting horizontal extension Planned drilling activity in 9 counties in PA, Marshall and Preston counties in West Virginia, and Garrett county in Maryland Majority of producing wells in Bradford, Lycoming and Susquehanna Counties in NE PA (>80% of current production) and Marshall County in WV Current net production is ~20 MMcfe/day 10

12 2011 Marcellus Plans 2011 capital program of $160 million 150 gross wells planned (22.4 net) Operated : 5 gross wells, 1 rig Non-Operated: 145 gross wells, 8-10 rigs Expect to complete ~121 gross wells with 94 new gross wells on stream by the end of the year Capital: 25% directed to liquids rich gas in SW PA and NW WV 30% directed to delineation activity to preserve lease positions and identify future potential 45% of capital directed to development drilling in areas with EUR s of 4.5 to 5.5 Bcf May see upward pressure on capital due to activity levels Current average netback ~$2.50/Mcfe Production growth of 150% in

13 Moving Natural Gas Out of the Marcellus Enerplus has taken several steps to ensure we can move our growing Marcellus gas production to market: Entered into longer term (5 years +) firm must take contracts with creditworthy substantial end users of the natural gas who: hold firm capacity on the various interstate pipelines (Transco, Tennessee) have storage capacity and trading ability These contracts have flexibility to increase delivered volumes as we bring production to pipe: MMBtu/d Min Max Min Max Min Max Min Max Min Max Committed Sales into Transco Pipeline: Committed Sales in to Tennessee Gas Pipeline: Participated in the Wyoming Pipeline Project that creates optionality for our production between the two key pipelines - Transco and Tennessee Entered into a firm processing and marketing agreement with MarkWest for our liquids rich gas produced in Marshall County 12

14 Water Access & Handling ERF and our JV partners have sufficient water source permits to execute development plans ERF and our JV partners are permitting and constructing additional water impoundments ERF developing centralized water infrastructure with gas gathering system (Centre County, PA) Implemented closed loop system for drilling fluids management in 2010 Goal to recycle 100% of produced and flow back water by end of 2011 Chief building a centralized tank farm for storage and recycling ERF reusing flow back fluid on location to reduce fresh water use JV partners utilizing industrial water treatment plants and disposal wells for water disposal 13

15 Industry Challenges Key Concerns Actions Environment Drilling and completion best practice being utilized surface, intermediate and production casing cemented to surface Fracing more than a mile below water table Surface containment systems Pre-testing water wells Fracing EPA frac study underway On-going education and transparency by industry needed Regulatory/Government/ Stakeholder Sitting on various industry associations to leverage relationships and provide input on regulation Holding town hall meetings in new areas to build landowner relationships and address local issues 14

16 Marcellus Summary Enerplus has a meaningful position in North America s best shale gas play Marcellus offers significant future growth potential Results to date exceeding expectations 2011 operations focusing on appraisal drilling in our operated leasehold, continued appraisal and development drilling in our non-operated leasehold We re managing the challenges 15

THE OIL & GAS CONFERENCE

THE OIL & GAS CONFERENCE THE OIL & GAS CONFERENCE August 2012 Disclaimer This presentation contains forward-looking statements within the meaning of section 21E of the United States Securities Exchange Act of 1934, as amended

More information

Range Resources Corporation Company Presentation April 2013

Range Resources Corporation Company Presentation April 2013 Range Resources Corporation Company Presentation April 2013 Ten Years of Double-Digit Production Growth Mmcfe/d 1000 900 800 700 600 500 400 300 200 100 20%-25% Growth Projected for 2013 0 2003 2004 2005

More information

Upstream Developments Generate Growing Hydrocarbon Gas Liquids Supply! Alan Farquharson, SVP - Reservoir Engineering & Economics!

Upstream Developments Generate Growing Hydrocarbon Gas Liquids Supply! Alan Farquharson, SVP - Reservoir Engineering & Economics! Upstream Developments Generate Growing Hydrocarbon Gas Liquids Supply! Alan Farquharson, SVP - Reservoir Engineering & Economics! June 16, 2015 Forward-Looking Statements Certain statements and information

More information

Investor Presentation. December 2013 Company Update

Investor Presentation. December 2013 Company Update Investor Presentation December 2013 Company Update HIGHLIGHTS FROM CABOT S FIRST 10-WELL MARCELLUS PAD 170 Stages with a Combined Peak Production Rate of 201 Mmcf/d and a Combined Average 30-Day Production

More information

Marcellus Shale in Pennsylvania: A 2,600 Well Study of Estimated Ultimate Recovery (EUR) 2015 Update

Marcellus Shale in Pennsylvania: A 2,600 Well Study of Estimated Ultimate Recovery (EUR) 2015 Update Marcellus Shale in Pennsylvania: A 2,600 Well Study of Estimated Ultimate Recovery (EUR) 2015 Update Gary S. Swindell, P.E., Consulting Petroleum Engineer, Dallas, Texas Copyright 2015, Gary S. Swindell.

More information

Recommended Practices Associated with Hydraulic Fracturing Operations

Recommended Practices Associated with Hydraulic Fracturing Operations Recommended Practices Associated with Hydraulic Fracturing Operations API standards program includes best-practices for hydraulic fracturing which include: Proper well construction and integrity Zonal

More information

SOUTHWESTERN ENERGY HIGHLIGHTS STRATEGIC INITIATIVES AND PLANS FOR 2016

SOUTHWESTERN ENERGY HIGHLIGHTS STRATEGIC INITIATIVES AND PLANS FOR 2016 NEWS RELEASE SOUTHWESTERN ENERGY HIGHLIGHTS STRATEGIC INITIATIVES AND PLANS FOR 2016 Houston, Texas February 25, 2016... Southwestern Energy Company (NYSE: SWN) today provided an update on its strategic

More information

Platts 3 rd Annual Midstream Development & Management Conference - Houston, Texas

Platts 3 rd Annual Midstream Development & Management Conference - Houston, Texas Platts 3 rd Annual Midstream Development & Management Conference - Houston, Texas Rodney L. Waller Senior Vice President May 21, 2010 Platts 3 rd Annual Midstream Development & Management Conference l

More information

Oil and Gas Drilling in New York State

Oil and Gas Drilling in New York State Oil and Gas Drilling in New York State Otsego County Representatives Albany, NY August 29, 2008 New York State Department of Environmental Conservation Jack Dahl Director Bureau of Oil and Gas Regulation

More information

Suzanne Minter. Manager, Oil and Gas Consulting BENTEK Energy. Natural Gas Outlook

Suzanne Minter. Manager, Oil and Gas Consulting BENTEK Energy. Natural Gas Outlook Suzanne Minter Manager, Oil and Gas Consulting BENTEK Energy Natural Gas Outlook North American Natural Gas The Fertilizer Institute November, 2014 2013 Platts, McGraw Hill Financial. All rights reserved.

More information

Rex Energy Corporate Presentation. January 2016

Rex Energy Corporate Presentation. January 2016 Rex Energy Corporate Presentation January 2016 2 Forward Looking Statements and Presentation of Information Forward-Looking Statements Statements in this presentation that are not historical facts are

More information

HORIZONTAL DRILLING AND HYDRAULIC FRACTURING CONSIDERATIONS FOR SHALE GAS WELLS Brian K. Bohm, P.G. J. Daniel Arthur, P.E., SPEC ALL Consulting

HORIZONTAL DRILLING AND HYDRAULIC FRACTURING CONSIDERATIONS FOR SHALE GAS WELLS Brian K. Bohm, P.G. J. Daniel Arthur, P.E., SPEC ALL Consulting HORIZONTAL DRILLING AND HYDRAULIC FRACTURING CONSIDERATIONS FOR SHALE GAS WELLS Brian K. Bohm, P.G. J. Daniel Arthur, P.E., SPEC ALL Consulting Bureau d audiences publiques sur l environement (BAPE) Saint-Hyacinthe,

More information

Northeast LDC Gas Forum Boston

Northeast LDC Gas Forum Boston Northeast LDC Gas Forum Boston June 7, 2011 2011 Williams Partners L.P. All rights reserved. Northeast LDC Gas Forum - Boston June 2011 1 Williams Operations and Assets 2011 Williams Partners L.P. All

More information

Shale Energy Fluids Management Practices

Shale Energy Fluids Management Practices Shale Energy Fluids Management Practices Forum on Hydraulic Fracturing Bogota, Colombia, December 1, 2014 Presented by Dave Yoxtheimer, PG Hydrogeologist Penn State Marcellus Center for Outreach and Research

More information

New Yo r k Marc e l l us and Utica Shales. 130,000 net acres Oil, natural gas liquids, and dry gas Access to major pipelines

New Yo r k Marc e l l us and Utica Shales. 130,000 net acres Oil, natural gas liquids, and dry gas Access to major pipelines New Yo r k Marc e l l us and Utica Shales 130,000 net acres Oil, natural gas liquids, and dry gas Access to major pipelines Page 2 Central New York ~97,000 Net Acres Marcellus & Utica Shale Fairways Domi

More information

Frequently Asked Transmission Pipeline Questions

Frequently Asked Transmission Pipeline Questions Frequently Asked Transmission Pipeline Questions Who is PennEast, LLC? PennEast was formed by the partnership of AGL Resources, NJR Pipeline Company, South Jersey Industries and UGI Energy Services (UGIES).

More information

Forward Looking Information Advisory

Forward Looking Information Advisory Core U.S.Oil Assets Forward Looking Information Advisory FORWARD-LOOKING INFORMATION AND STATEMENTS This presentation contains certain forward-looking information and statements ("forward-looking information")

More information

Investor Presentation. June 2016

Investor Presentation. June 2016 Investor Presentation June 2016 NYSE ECR Cautionary Statements Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the federal securities laws. All statements,

More information

Natural Gas Summit 11/14/12

Natural Gas Summit 11/14/12 Natural Gas Summit 11/14/12 1 Natural Gas Summit 11/14/12 Maureen Ball Joined Central New York Oil and Gas (Inergy) in 1999. Participated in the development and construction of various storage, compression,

More information

MSETC ECONOMIC IMPACT STUDY - SUMMER 2011. Pennsylvania. Marcellus Shale Economic Impact Study. Summer 2011. www.msetc.org

MSETC ECONOMIC IMPACT STUDY - SUMMER 2011. Pennsylvania. Marcellus Shale Economic Impact Study. Summer 2011. www.msetc.org MSETC ECONOMIC IMPACT STUDY - SUMMER 2011 Pennsylvania Marcellus Shale Economic Impact Study Summer 2011 www.msetc.org PennsylvaniaStatewideMarcellusShaleWorkforceNeedsAssessment 2011MarcellusShaleEducation&TrainingCenter1

More information

NYSE: UNT. EnerCom s The Oil & Gas Conference August 17, 2016

NYSE: UNT. EnerCom s The Oil & Gas Conference August 17, 2016 EnerCom s The Oil & Gas Conference August 17, 2016 Forward Looking Statement This presentation contains forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section

More information

Cabot Oil & Gas Corporation

Cabot Oil & Gas Corporation Information you need to know regarding Cabot Oil & Gas Corporation s natural gas production activities and hydraulic fracturing About Cabot Cabot Oil & Gas Corporation (Cabot) is a leading independent

More information

Highlights of Testimony

Highlights of Testimony The following is a summary of a written statement submitted by Alex Paris of Alex E. Paris Contracting, Inc. on behalf of the Distribution Contractors Association (DCA) before the House Committee on Energy

More information

A Representative Oil Field Development Sequence

A Representative Oil Field Development Sequence The CO2 Enhanced Oil Recovery Story Tim Bradley President Kinder Morgan CO2 Company Outline 1. CO2 Enhanced Oil Recovery Overview Oil Field Development Sequence US: Current and Future 2. A Deeper Look

More information

Forward Looking Information Advisory

Forward Looking Information Advisory Investor Update The Game Plan April 2013 Forward Looking Information Advisory FORWARD-LOOKING INFORMATION AND STATEMENTS This presentation contains certain forward-looking information and statements ("forward-looking

More information

Turning Brownfields into Clean Energy. Today s Discussion

Turning Brownfields into Clean Energy. Today s Discussion Turning Brownfields into Clean Energy NOVEMBER 18, 2009 Today s Discussion Chesapeake Energy: Who are we? Barnett Shale overview What lead us to purchase Brownfields? Making a positive impact in Fort Worth

More information

NATIONAL FUEL REPORTS THIRD QUARTER EARNINGS

NATIONAL FUEL REPORTS THIRD QUARTER EARNINGS National Fuel Gas Company Financial News 6363 Main Street, Williamsville, N.Y. 14221 Release Date: Immediate August 8, 2013 Timothy Silverstein Investor Relations 716-857-6987 NATIONAL FUEL REPORTS THIRD

More information

NOVEMBER 2015 UPDATE

NOVEMBER 2015 UPDATE NOVEMBER 2015 UPDATE 1 Started Sept 2010, fourth Storm since Nov 1998 history of per share growth in prod n & asset value 119.3 MM shares + 6.0 MM options, TSX-V symbol SRX management, Board ownership

More information

CONSIDERATIONS FOR TREATING WATER ASSOCIATED WITH SHALE GAS DEVELOPMENT

CONSIDERATIONS FOR TREATING WATER ASSOCIATED WITH SHALE GAS DEVELOPMENT CONSIDERATIONS FOR TREATING WATER ASSOCIATED WITH SHALE GAS DEVELOPMENT GROUNDWATER PROTECTION COUNCIL Water/Energy Sustainability Symposium 2010 Annual Forum Pittsburgh, Pennsylvania September 26-29,

More information

Farm Planning FOR THE FUTURE: MINERAL LEASES

Farm Planning FOR THE FUTURE: MINERAL LEASES Farm Planning FOR THE FUTURE: MINERAL LEASES Mineral Leases Marcellus Shale gas wells are becoming more and more common. You may be approached by a landman if you own land on the Marcellus formation spanning

More information

Hydraulic Fracturing and Freight Transportation. Lessons Learned from the Shale Gas Industry in Pennsylvania

Hydraulic Fracturing and Freight Transportation. Lessons Learned from the Shale Gas Industry in Pennsylvania Hydraulic Fracturing and Freight Transportation Lessons Learned from the Shale Gas Industry in Pennsylvania 2013 NCAMPO Conference May 16, 2013 Patrick R. Anater, AICP Marcellus Gas Drilling Impacts to

More information

PLANNED ENHANCEMENTS, NORTHEAST NATURAL GAS PIPELINE SYSTEMS (as of 9-25-14)

PLANNED ENHANCEMENTS, NORTHEAST NATURAL GAS PIPELINE SYSTEMS (as of 9-25-14) PIPELINE SYSTEMS (as of 9-25-14) The Northeast Gas Association (NGA) has prepared this summary based on publicly-available information. NGA will strive to keep the information as updated as possible and

More information

The Growth of U.S. Natural Gas: An Uncertain Outlook for U.S. and World Supply

The Growth of U.S. Natural Gas: An Uncertain Outlook for U.S. and World Supply The Growth of U.S. Natural Gas: An Uncertain Outlook for U.S. and World Supply For 2015 EIA Energy Conference Washington, D.C. By John Staub, Team Lead, Exploration and Production Analysis U.S. Energy

More information

PETRONAS and the Unconventionals

PETRONAS and the Unconventionals PETRONAS and the Unconventionals DUG Australia 2014 2013 PETROLIAM NASIONAL BERHAD (PETRONAS) All rights reserved. No part of this document may be reproduced, stored in a retrieval system or transmitted

More information

PLANNED ENHANCEMENTS, NORTHEAST NATURAL GAS PIPELINE SYSTEMS (as of )

PLANNED ENHANCEMENTS, NORTHEAST NATURAL GAS PIPELINE SYSTEMS (as of ) PIPELINE SYSTEMS (as of 3-14-16) The Northeast Gas Association (NGA) has prepared this summary based on publicly-available information. NGA will strive to keep the information as updated as possible and

More information

Readington Township Green Acres Scoping Hearing

Readington Township Green Acres Scoping Hearing Readington Township Green Acres Scoping Hearing March 12, 2014 > Introductions Transcontinental Gas Pipe Line Company, LLC John B. Todd, P.E., Project Management, Williams Carol Peabody, Senior Land Representative,

More information

A History and Overview of the Barnett Shale

A History and Overview of the Barnett Shale A History and Overview of the Barnett Shale Drilling The Dale Operating / Fourth Street 'A' Gas Unit #1H, East Downtown Fort Worth, Texas October, 2006, Courtesy of Dale Operating, Photo by Mike Fuentes

More information

Choosing the best route for Pipeline Construction

Choosing the best route for Pipeline Construction ESRI User Conference July 17, 2014 Choosing the best route for Pipeline Construction Tammy Hall, GIS Application Manager Becky Swails, GIS Data Manager Troy Bumgardner, GIS Business Analyst Who is Williams?

More information

Maximizing Production at Eagle Ford

Maximizing Production at Eagle Ford Maximizing Production at Eagle Ford Laredo Energy focuses on energy revolution and economic development at one of the most active shales in the world PRESIDENT AND CEO Laredo Energy Glenn Hart LOCATION

More information

RANGE REPORTS 2015 EARNINGS, ANNOUNCES 2016 CAPITAL PLANS

RANGE REPORTS 2015 EARNINGS, ANNOUNCES 2016 CAPITAL PLANS RANGE REPORTS 2015 EARNINGS, ANNOUNCES 2016 CAPITAL PLANS FORT WORTH, TEXAS, FEBRUARY 25, 2016 RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its 2015 financial results. Highlights Fourth quarter

More information

Enforcement of Marcellus Shale Drilling Violations by Pennsylvania Department of Environmental Protection Jan. 1, 2011 Dec.

Enforcement of Marcellus Shale Drilling Violations by Pennsylvania Department of Environmental Protection Jan. 1, 2011 Dec. Enforcement of Marcellus Shale Drilling Violations by Pennsylvania Department of Environmental Protection Jan. 1, 2011 Dec. 31, 2011 An examination of the violations issued to natural gas drilling operators

More information

Marcellus Fast Facts

Marcellus Fast Facts 1 Marcellus Fast Facts Covers about 95,000 square miles in 6 states Occurs at depths of up to 9,000 feet Thickness of 250 feet or more Largest natural gas reservoir in North America (est. 500 TCF recoverable

More information

Now we have an opportunity to lift this area up, as we are witnessing in some of our neighbor states, he said.

Now we have an opportunity to lift this area up, as we are witnessing in some of our neighbor states, he said. ACTIVITY 39: PAGE 1 THE FRACKING DEBATE NAME As the United States prepares to meet the energy demands ahead, we must consider the sources and technologies that can best increase our domestic energy supply

More information

For personal use only

For personal use only Suite 2, 12 Parliament Place West Perth WA 6005 Ph: +618 9482 0510 Fax: +618 9482 0505 Email: info@emeraldoilandgas.com www.emeraldoilandgas.com 10 January, 2012 Centralised Company Announcements Platform

More information

Mike Hannah, Senate Finance Counsel Heather Fennell, Staff Attorney, Research Division NCGA Energy Policy Commission March 4, 2014 1

Mike Hannah, Senate Finance Counsel Heather Fennell, Staff Attorney, Research Division NCGA Energy Policy Commission March 4, 2014 1 Mike Hannah, Senate Finance Counsel Heather Fennell, Staff Attorney, Research Division NCGA Energy Policy Commission March 4, 2014 1 TAX POLICY ISSUES RELATED TO NATURAL GAS PRODUCTION What to tax? How

More information

Range Resources Announces Merger With Memorial Resource Development. Conference Call Slides

Range Resources Announces Merger With Memorial Resource Development. Conference Call Slides Range Resources Announces Merger With Memorial Resource Development Conference Call Slides December May 16, 2016 22, 2011 1 Highlights of Merger Core acreage positions in two of the most prolific highquality

More information

Drill-Right. best Oil & Gas Development Practices for Texas

Drill-Right. best Oil & Gas Development Practices for Texas EXAS Drill-Right Texas best Oil & Gas Development Practices for Texas Drill-Right Texas best Oil & Gas Development Practices for Texas P. O. Box 470567 Fort Worth, Texas 76147 940-389-1622 Texas Oil &

More information

CBRE CLARION SECURITIES MLPs OIL & GAS DRILLING TECHNOLOGY LEADS TO EFFICIENCY GAINS

CBRE CLARION SECURITIES MLPs OIL & GAS DRILLING TECHNOLOGY LEADS TO EFFICIENCY GAINS CBRE CLARION SECURITIES MLPs OIL & GAS DRILLING TECHNOLOGY LEADS TO EFFICIENCY GAINS MARCH 2015 Jeremy Anagnos, CFA Senior Global Portfolio Manager Hinds Howard Associate Portfolio Manager EXECUTIVE SUMMARY

More information

Low Risk Glacier Montney Development, Strong Balance Sheet & Hedging Program Supports Profitable & Sustainable Growth

Low Risk Glacier Montney Development, Strong Balance Sheet & Hedging Program Supports Profitable & Sustainable Growth Low Risk Glacier Montney Development, Strong Balance Sheet & Hedging Program Supports Profitable & Sustainable Growth Investor Presentation TSX / NYSE: AAV October 2015 ADVANTAGE AT A GLANCE TSX, NYSE:

More information

Institution of Oil and Gas Reservation in FDIC Owned Real Estate Sales. A White Paper by Linda Schweigert Dallas/DRR/ORE/OOA/Oil and Gas

Institution of Oil and Gas Reservation in FDIC Owned Real Estate Sales. A White Paper by Linda Schweigert Dallas/DRR/ORE/OOA/Oil and Gas Institution of Oil and Gas Reservation in FDIC Owned Real Estate Sales A White Paper by Linda Schweigert Dallas/DRR/ORE/OOA/Oil and Gas August 2012 TABLE OF CONTENTS Executive summary....................................................

More information

Forward-Looking Statements

Forward-Looking Statements November 2015 Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities

More information

Tuesday, March 17, 2015 Houston, TX. Energy Exchange 9:20 9:50 a.m. and 9:55 10:25 a.m. OIL AND GAS: ENVIRONMENTAL INSURANCE IS IT NECESSARY?

Tuesday, March 17, 2015 Houston, TX. Energy Exchange 9:20 9:50 a.m. and 9:55 10:25 a.m. OIL AND GAS: ENVIRONMENTAL INSURANCE IS IT NECESSARY? Tuesday, March 17, 2015 Houston, TX Energy Exchange 9:20 9:50 a.m. and 9:55 10:25 a.m. OIL AND GAS: ENVIRONMENTAL INSURANCE IS IT NECESSARY? Copyright 2015 International Risk Management Institute, Inc.

More information

ASX Announcement GOOD OIL CONFERENCE PRESENTATION OUR FOCUS. The Company Announcement Officer ASX Ltd via electronic lodgement COOPER BASIN

ASX Announcement GOOD OIL CONFERENCE PRESENTATION OUR FOCUS. The Company Announcement Officer ASX Ltd via electronic lodgement COOPER BASIN ASX Announcement Strike Energy Limited ABN 59 078 012 745 5 September 2012 The Company Announcement Officer ASX Ltd via electronic lodgement GOOD OIL CONFERENCE PRESENTATION OUR FOCUS COOPER BASIN Over

More information

NORTH DAKOTA NATURAL GAS A DETAILED LOOK AT NATURAL GAS GATHERING

NORTH DAKOTA NATURAL GAS A DETAILED LOOK AT NATURAL GAS GATHERING NORTH DAKOTA NATURAL GAS A DETAILED LOOK AT NATURAL GAS GATHERING Published: October 21, 2013 Justin J. Kringstad, Director North Dakota Pipeline Authority Office: 701.220.6227 www.northdakotapipelines.com

More information

Opportunity to acquire significant equity in a Liassic Gas Shale Play onshore South East France with a potential up to 85 TCF of IGIP

Opportunity to acquire significant equity in a Liassic Gas Shale Play onshore South East France with a potential up to 85 TCF of IGIP Opportunity to acquire significant equity in a Liassic Gas Shale Play onshore South East France with a potential up to 85 TCF of IGIP Montelimar Permit Total is planning to farm out up to 50% interest

More information

Dominion Expanding to Meet the Needs of the Marcellus and Utica Shales

Dominion Expanding to Meet the Needs of the Marcellus and Utica Shales Dominion Expanding to Meet the Needs of the Marcellus and Utica Shales 2012 INGAA Foundation Spring Meeting April 11 13, 2012 Josh Eakle Gas Business Development Dominion Transmission, Inc. Important Note

More information

Oil and Gas Terms. Anticline: An arch of stratified rock layers that may form a trap for hydrocarbons.

Oil and Gas Terms. Anticline: An arch of stratified rock layers that may form a trap for hydrocarbons. Oil and Gas Terms American Petroleum Institute (API): The API is the trade organization for the oil and gas industry, which establishes standards governing industry operations, safety and the manufacturing

More information

January 2014: Jeanne Briskin of the U.S Environmental Protection Agency (EPA)

January 2014: Jeanne Briskin of the U.S Environmental Protection Agency (EPA) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 The Upstate New York Society for Risk Analysis Webinar Series, Scientific Studies on Impact of Natural Gas Extraction from

More information

Carmon Creek Project Public Disclosure Public Information Document

Carmon Creek Project Public Disclosure Public Information Document SHELL SHELL CANADA CANADA PEACE PEACE RIVER RIVER EXPANSION Carmon IN SITU EXPANSION Creek Carmon Creek Project Public Disclosure Public Information Document February 2009 November 2009 shell canada PEACE

More information

Gregg is a frequent lecturer for the continuing legal education seminars on mineral law, conveyancing and land use topics.

Gregg is a frequent lecturer for the continuing legal education seminars on mineral law, conveyancing and land use topics. Gregg s law practice primarily consists of representing businesses involved in unconventional and conventional oil and gas, coal, coalbed methane gas, and other minerals and natural resources, and technologies

More information

EQT REPORTS FIRST QUARTER 2015 EARNINGS Significant volume growth continues

EQT REPORTS FIRST QUARTER 2015 EARNINGS Significant volume growth continues EQT REPORTS FIRST QUARTER 2015 EARNINGS Significant volume growth continues PITTSBURGH, PA (April 23, 2015) -- EQT Corporation (NYSE: EQT) today announced first quarter 2015 net income attributable to

More information

The Debrosse Memorial Report 2014 Oil & Gas Activity in Ohio

The Debrosse Memorial Report 2014 Oil & Gas Activity in Ohio The Debrosse Memorial Report 2014 Oil & Gas Activity in Ohio 68 th Annual Winter Meeting Prepared by: Marty Shumway - Shumway Resources, LLC Bill Arnholt - Northwood Energy Corporation Tim Knobloch - James

More information

OFFSHORE FIELD DEVELOPMENT

OFFSHORE FIELD DEVELOPMENT OFFSHORE FIELD DEVELOPMENT OPTIONS & STRATEGY By: Nguyen Ngoc Hoan M.Sc of Petroleum Engineering Hoannn@pidc.com.vn PRESENTATION CONTENT Field Development Consideration Field Development Options & Strategy

More information

CORPORATE STRATEGY PRESENTATION SEPTEMBER 2016

CORPORATE STRATEGY PRESENTATION SEPTEMBER 2016 CORPORATE STRATEGY PRESENTATION SEPTEMBER 216 FORWARD-LOOKING STATEMENTS AND IMPORTANT NOTES The presentation contains forward-looking statements and forward-looking information within the meaning of applicable

More information

Stock Pitch. Westen Koorbusch, Travis Wolf, Zachary Dukoff, Udit Agrawal, Isaac Fraynd

Stock Pitch. Westen Koorbusch, Travis Wolf, Zachary Dukoff, Udit Agrawal, Isaac Fraynd Stock Pitch Westen Koorbusch, Travis Wolf, Zachary Dukoff, Udit Agrawal, Isaac Fraynd Table of Contents I. Investment Thesis & Company Overview II. Industry Overview III. IV. Natural Gas Holdings & Pipeline

More information

NEWS RELEASE. - Page 1 -

NEWS RELEASE. - Page 1 - NEWS RELEASE SOUTHWESTERN ENERGY ANNOUNCES SECOND QUARTER 2016 RESULTS, IMPROVED GUIDANCE, OUTCOMES OF FINANCIAL STRENGTHENING EFFORTS AND RESUMPTION OF DRILLING AND COMPLETION ACTIVITY Houston, Texas

More information

Corporate Presentation

Corporate Presentation Corporate Presentation June 2016 2 Future Oriented Information (See additional advisories at the end of this presentation document) In the interest of providing information regarding Trilogy Energy Corp.

More information

connection Expansion Projects in Full Swing TRANSCO

connection Expansion Projects in Full Swing TRANSCO connection TRANSCO SUMMER 2012 Expansion Projects in Full Swing Unprecedented growth in gas supplies, particularly in the Marcellus Shale region, combined with continued strong demand growth in Transco

More information

GULFPORT ENERGY CORPORATION DECEMBER 31, 2015 NET PROVED RESERVE RECONCILIATION (Unaudited) Gas Equivalent BCFE

GULFPORT ENERGY CORPORATION DECEMBER 31, 2015 NET PROVED RESERVE RECONCILIATION (Unaudited) Gas Equivalent BCFE February 2, 2016 Gulfport Energy Corporation Reports 83% Increase in Total Proved Reserves to 1.7 Tcfe, Provides Fourth Quarter 2015 Operational Update and Schedules Fourth Quarter and Full-Year 2015 Financial

More information

ENERGY SPECTRUM ADVISORS INC.

ENERGY SPECTRUM ADVISORS INC. ENERGY SPECTRUM ADVISORS INC. Little Pine Resources Executive Summary Sale of Marcellus Shale Properties February 2012 EN ERGY SPECT RU M ADVISO RS IN C. Transaction Overview Little Pine Resources ( LPR

More information

Final Regulations for Oil and Gas Surface Activities (Amendments to 25 Pa. Code Chapters 78 and 78a, Subchapter C)

Final Regulations for Oil and Gas Surface Activities (Amendments to 25 Pa. Code Chapters 78 and 78a, Subchapter C) Final Regulations for Oil and Gas Surface Activities (Amendments to 25 Pa. Code Chapters 78 and 78a, Subchapter C) The purpose of this regulation is to update the performance standards for surface activities

More information

CONTINENTAL RESOURCES REPORTS THIRD QUARTER 2015 RESULTS

CONTINENTAL RESOURCES REPORTS THIRD QUARTER 2015 RESULTS NEWS RELEASE CONTINENTAL RESOURCES REPORTS THIRD QUARTER 2015 RESULTS New Wells in STACK: Ladd 1-8-5XH Flows 2,181 Barrels of Oil Equivalent (Boe) per Day (79% Oil), and Marks 1-9-4XH Flows 994 Boe per

More information

Bank of America Merrill Lynch 2015 Global Energy Conference

Bank of America Merrill Lynch 2015 Global Energy Conference Bank of America Merrill Lynch 2015 Global Energy Conference 1 FORWARD-LOOKING INFORMATION Cautionary Statement for the Purpose of the Safe Harbor Provisions of the Private Securities Litigation Reform

More information

David Alleman, ALL Consulting Bill Hochheiser, ALL Consulting. NETL Project Kick-off Meeting January 7, 2010

David Alleman, ALL Consulting Bill Hochheiser, ALL Consulting. NETL Project Kick-off Meeting January 7, 2010 COMPREHENSIVE LIFECYCLE PLANNING AND MANAGEMENT SYSTEM FOR ADDRESSING WATER ISSUES ASSOCIATED WITH SHALE GAS DEVELOPMENT IN NEW YORK, PENNSYLVANIA, & WEST VIRGINIA David Alleman, ALL Consulting Bill Hochheiser,

More information

Luke Saban, Peregrine Midstream Partners. Gas Storage Strategies Financing new asset development and expansion

Luke Saban, Peregrine Midstream Partners. Gas Storage Strategies Financing new asset development and expansion Luke Saban, Peregrine Midstream Partners Gas Storage Strategies Financing new asset development and expansion How are developers raising capital for new asset construction: Good projects with contracted

More information

The Economic Impacts of the Pennsylvania Marcellus Shale Natural Gas Play: An Update

The Economic Impacts of the Pennsylvania Marcellus Shale Natural Gas Play: An Update The Economic Impacts of the Pennsylvania Marcellus Shale Natural Gas Play: An Update Timothy J. Considine, Ph.D. Robert Watson, Ph.D., P.E. Seth Blumsack, Ph.D. May 24, 2010 The Pennsylvania State University

More information

CONE Midstream Partners LP. 1Q 2016 Earnings May 5, 2016

CONE Midstream Partners LP. 1Q 2016 Earnings May 5, 2016 CONE Midstream Partners LP 1Q 2016 Earnings May 5, 2016 Disclaimer Forward Looking Statements This presentation contains forward-looking statements within the meaning of the federal securities laws. Statements

More information

Current Projects in Execution

Current Projects in Execution Major Projects Current Projects in Execution Expansion Project Segment Status Est. CapEx ($MM) In-Service Horn River & Montney Expansions WC Partial In-Service 1,500 2009-2013 TEMAX/TIME III UST Partial

More information

LAREDO PETROLEUM ANNOUNCES 2015 SECOND-QUARTER FINANCIAL AND OPERATING RESULTS

LAREDO PETROLEUM ANNOUNCES 2015 SECOND-QUARTER FINANCIAL AND OPERATING RESULTS 15 West 6 th Street, Suite 900 Tulsa, Oklahoma 74119 (918) 513-4570 Fax: (918) 513-4571 www.laredopetro.com LAREDO PETROLEUM ANNOUNCES 2015 SECOND-QUARTER FINANCIAL AND OPERATING RESULTS RAISES ESTIMATED

More information

Forward-Looking Statements

Forward-Looking Statements July 2016 Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities

More information

NATIONAL FUEL REPORTS 2015 EARNINGS

NATIONAL FUEL REPORTS 2015 EARNINGS 6363 Main Street/Williamsville, NY 14221 Release Date: Immediate November 5, 2015 Brian M. Welsch Investor Relations 716-857-7875 David P. Bauer Treasurer 716-857-7318 NATIONAL FUEL REPORTS 2015 EARNINGS

More information

Chairman Vanko thanked Mr. Quigley for his presentation and his time.

Chairman Vanko thanked Mr. Quigley for his presentation and his time. Minutes of July 22, 2013 meeting of the Marcellus Shale Safe Drilling Initiative Advisory Commission Approved August 23, 2013 The Commission held its nineteenth meeting at Allegany College on July 22nd

More information

Ohio s Energy Supply Chain: Towards More Sustainable Energy Supplier Networks. OTEC Conference October 23, 2013

Ohio s Energy Supply Chain: Towards More Sustainable Energy Supplier Networks. OTEC Conference October 23, 2013 Ohio s Energy Supply Chain: Towards More Sustainable Energy Supplier Networks OTEC Conference October 23, 2013 Established to study linkages between Energy, Economics and Environment Ohio s Resource Extractive

More information

Corporate Presentation August 19, 2015

Corporate Presentation August 19, 2015 Corporate Presentation August 19, 2015 Safe Harbor Disclosure Please carefully read the following disclaimer: The information discussed in this Presentation includes forward-looking statements within the

More information

National Fuel Gas Company Investor Presentation. November 2015

National Fuel Gas Company Investor Presentation. November 2015 National Fuel Gas Company Investor Presentation November 2015 Safe Harbor For Forward Looking Statements Corporate This presentation may contain forward-looking statements as defined by the Private Securities

More information

OCCIDENTAL PETROLEUM CORPORATION. Second Quarter 2015 Earnings Conference Call July 30, 2015

OCCIDENTAL PETROLEUM CORPORATION. Second Quarter 2015 Earnings Conference Call July 30, 2015 OCCIDENTAL PETROLEUM CORPORATION Second Quarter 2015 Earnings Conference Call July 30, 2015 Cautionary Statements Forward-Looking Statements Portions of this presentation contain forward-looking statements

More information

June 2016. Investor Presentation

June 2016. Investor Presentation June 2016 Investor Presentation Forward-Looking / Cautionary Statements Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities

More information

Athabasca Oil Corporation Announces 2014 Year-End Results and Reserves

Athabasca Oil Corporation Announces 2014 Year-End Results and Reserves FOR IMMEDIATE RELEASE March 12, 2014 (6:00 a.m. ET) Athabasca Oil Corporation Announces 2014 Year-End Results and Reserves CALGARY Athabasca Oil Corporation ( Athabasca or the Company ) (TSX: ATH) is pleased

More information

Stark State College Oil & Gas Programs Industry Overview. S. Kathleen Steere BS, BSPE Coordinator Oil & Gas Programs

Stark State College Oil & Gas Programs Industry Overview. S. Kathleen Steere BS, BSPE Coordinator Oil & Gas Programs Stark State College Oil & Gas Programs Industry Overview S. Kathleen Steere BS, BSPE Coordinator Oil & Gas Programs 1 st commercial producing well drilled 1860. Wells drilled in 76 of Ohio s 88 counties.

More information

Forward-Looking Statements

Forward-Looking Statements January 2016 Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities

More information

Upstream Matters! 2015 Update

Upstream Matters! 2015 Update MMBOE MMBOE BEG/CEE, Research Snapshot, March 216 1 Upstream Matters! 215 Update To better understand upstream economics in the U.S., we benchmark a sample of producers with large domestic positions. Our

More information

MILLER AND LENTS, LTD.

MILLER AND LENTS, LTD. MILLER AND LENTS, LTD. INTRODUCTION HISTORY Miller and Lents, Ltd., a United States Corporation chartered under the laws of the State of Delaware, is an oil and gas consulting firm offering services and

More information

ANADARKO PETROLEUM CORPORATION. Al Walker President and Chief Operating Officer. www.anadarko.com NYSE: APC

ANADARKO PETROLEUM CORPORATION. Al Walker President and Chief Operating Officer. www.anadarko.com NYSE: APC www.anadarko.com NYSE: APC ANADARKO PETROLEUM CORPORATION INVESTOR RELATIONS CONTACTS: John Colglazier Vice President 832/636-2306 Clay Gaspar Manager 832/636-2541 Wayne Rodrigs Manager 832/636-2305 Al

More information

PIPELINE FUNDAMENTALS. texaspipelines.com

PIPELINE FUNDAMENTALS. texaspipelines.com PIPELINE FUNDAMENTALS texaspipelines.com Texas Oil & Gas: Generating $2.6 Billion for State Revenues texaspipelines.com Texas Oil & Gas Texas produces 20% of US Domestic Oil Production 1.1 Million Barrels

More information

Charting Your Course for Midstream Solutions. Bernie Thomas. Co-Founder and Vice President, Commercial

Charting Your Course for Midstream Solutions. Bernie Thomas. Co-Founder and Vice President, Commercial Charting Your Course for Midstream Solutions Bernie Thomas Co-Founder and Vice President, Commercial Permian Congress Houston, Texas July 29 & 30, 2015 AGENDA Who is Navigator? Why the Permian Basin? Where

More information

Credit Suisse Global Credit Products Conference September 18, 2014

Credit Suisse Global Credit Products Conference September 18, 2014 Credit Suisse Global Credit Products Conference September 18, 2014 Forward-Looking & Other Cautionary Statements Cautionary Statement Regarding Forward-Looking Statements The information in this presentation

More information

PARSLEY ENERGY ANNOUNCES SECOND QUARTER 2015 FINANCIAL AND OPERATING RESULTS Raises Production Guidance

PARSLEY ENERGY ANNOUNCES SECOND QUARTER 2015 FINANCIAL AND OPERATING RESULTS Raises Production Guidance NEWS RELEASE PARSLEY ENERGY ANNOUNCES SECOND QUARTER 2015 FINANCIAL AND OPERATING RESULTS Raises Production Guidance AUSTIN, Texas, August 11, 2015 Parsley Energy, Inc. (NYSE: PE) ( Parsley, Parsley Energy,

More information

EPRI Global Climate Change Research Seminar. Natural Gas Supply. Francis O Sullivan, Ph.D. May 25 th, 2011

EPRI Global Climate Change Research Seminar. Natural Gas Supply. Francis O Sullivan, Ph.D. May 25 th, 2011 EPRI Global Climate Change Research Seminar Natural Gas Supply Francis O Sullivan, Ph.D. May 25 th, 2011 1 A review of 2009 U.S. primary energy consumption by source and sector reveals the broad systemic

More information

BONTERRA ENERGY CORP.

BONTERRA ENERGY CORP. BONTERRA ENERGY CORP. JULY 2014 YIELD GROWTH SUSTAINABILITY FORWARD LOOKING INFORMATION Certain statements contained in this Presentation include statements which contain words such as anticipate, could,

More information

Frequently Asked Questions About PennEast Pipeline Project

Frequently Asked Questions About PennEast Pipeline Project Frequently Asked Questions About PennEast Pipeline Project Who is PennEast Pipeline Company, LLC? AGL Resources, NJR Pipeline Company, South Jersey Industries, PSEG Power LLC and UGI Energy Services (UGIES)

More information