December 11, USA Unconventional Overview and UK North Sea Prospects NASDAQ: CRZO. Share price: $40. Market cap.: $1.
|
|
- Mildred Stevens
- 7 years ago
- Views:
Transcription
1 December 11, 2013 USA Unconventional Overview and UK North Sea Prospects NASDAQ: CRZO Share price: $40 Market cap.: $1.8 billion Enterprise Value: $2.8 billion 3Q 2013 EBITDA: $115 million J. Hollywood
2 Forward Looking Statements / Note Regarding Reserves Forward Looking Statements The statements contained in all parts of this presentation, including, but not limited to, those relating to our schedule, targets, estimates or results of future drilling, including the number, timing and results of wells, budgeted wells, increases in wells, the timing and risk involved in drilling follow-up wells, pending transactions, expected working or net revenue interests, planned expenditures, prospects budgeted and other future capital expenditures, risk profile of oil and natural gas exploration, acquisition of 3-D seismic data (including number, timing and size of projects), planned evaluation of prospects, probability of prospects having oil and natural gas, expected production or reserves, increases in reserves, acreage, working capital requirements, hedging activities, the ability of expected sources of liquidity to implement the Company s business strategy, future exploration activity, production rates, 2012 drilling program, growth in production, development of new drilling programs, hedging of production and exploration and development expenditures and all and any other statements regarding future operations, financial results, business plans and cash needs and other statements that are not historical facts are forward looking statements. When used in this presentation, the word current refers to the date printed on the cover of the presentation. When used in this presentation, the words anticipate, estimate, expect, may, project, believe and similar expressions are intended to be among the statements that identify forward looking statements. Such statements involve risks and uncertainties, including, but not limited to, those relating to the Company's dependence on its exploratory drilling activities, the volatility of oil and natural gas prices, the need to replace reserves depleted by production, operating risks of oil and natural gas operations, the Company's dependence on its key personnel, factors that affect the Company's ability to manage its growth and achieve its business strategy, technological changes, significant capital requirements of the Company, the potential impact of government regulations, litigation, competition, the uncertainty of reserve information and future net revenue estimates, property acquisition risks, availability of equipment, weather, availability of financing, the results of audits, adverse market conditions and assessments and other factors detailed in the Risk Factors and other sections of the Company's Registration Statement on Form S-3, Prospectus Supplement and Annual Report on Form 10-K for the year ended December 31, 2012 and other filings with the Securities and Exchange Commission ( SEC ). Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. All subsequent written and oral forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by reference to these risks and uncertainties. You should not place undue reliance on forward-looking statements. Each forward-looking statement speaks only as of the date of the particular statement and the Company undertakes no obligation to update or revise any forward-looking statement. We use certain terms in this presentation such as Potential, Potential Reserves, Potential Exposure, Estimated Resource, Unrisked Exploration Potential and Unrisked Reserve Potential, Recoverable and similar terms that the SEC s guidelines strictly prohibit us from including in filings with the SEC. Our Probable (2P) and Possible (3P) reserves do not meet SEC rules and Guidelines (including those relating to pricing) for such reserves. These terms include reserves with substantially less certainty, and no discount or other adjustment is included in the presentation of such reserve numbers. U.S. investors are urged to consider closely the disclosure in our Form 10-K for the year ended December 31, 2012, File No , and in our other filings with the SEC, available from us at 500 Dallas, Suite 2300, Houston, Texas, and in our registration statement. These forms can also be obtained from the SEC by calling SEC-0330.
3 Who is Carrizo? World Class expert at unconventional (shale) plays Drilled over 580 horizontal shale wells Operated 145 wells in 2013 in the Marcellus, Eagle Ford and Niobrara Operating 6 rigs in the Eagle Ford, Marcellus and Niobrara Average horizontal length in reservoir was meters, with a recent 3,300 meter horizontal completion (in a 5,000 meter well) and 39 frac stages Horizontal wells are completed with frac stages Micro-seismic is often used to optimize fracing Leading expert at drilling in urban and environmentally sensitive areas
4 Carrizo s Portfolio of Unconventional Assets Niobrara 47,250 net acres 3.5 MMBOE Proved Utica 21,700 net acres Marcellus 49,200 net acres 17.9 MMBOE Proved Eagle Ford 58,000 net acres 54.5 MMBOE Proved 9/30/2013 SEC Proved NPV10 ($MM) Eagle Ford 1,401 Niobrara 104 Marcellus 162 Total 1,667 Notes: Proved reserves as of 09/30/13 based on internal update; pricing as of 09/30/13 SEC pricing. Utica acreage includes Avista acquisition.
5 Extensive Horizontal Drilling Experience Carrizo Operated Horizontal Wells Drilled by Area
6 Barnett Shale Horizontal Drilling Performance
7 Fracing Efficiency Eagleford Horizontal Completion Performance Partnership with Halliburton Design location to handle traffic required to handle 8 stages per day. 24 hours operations 3.8 M pounds of sand/day 60 sand trucks 60,000 bwpd Built custom frac manifold One-time rig up Switch wells remotely
8 Fracing Efficiency Illustrated Eagleford Horizontal Completion Performance Frac Stages/Well Up -5.0/day in Aug /day in Aug 2013 Halliburton s Top Rated Crew -By frac stages/day Shared Success -Carrizo s cost/stage down -Halliburton s utilization up 44% -Win-win
9 Urban Drilling Experience - Barnett Shale Drilled 22 horizontal wells from a single surface location Total pad area of approximately 3.3 acres
10 Urban Drilling Experience- Barnett Shale
11 Urban Drilling Experience- Barnett Shale 3D Seismic Application Mapped on Base of Barnett Shale (Viola top)
12 Unconventional Joint Ventures Lanzhou Haimo Technologies Corp. in the Niobrara Shale (Oct 2012) Sold 10% (6,000 net acres) including 24 producing wells $28 million cash OIL India and Indian Oil Corp. in the Niobrara Shale (Oct 2012) Sold 30% (18,000 net acres) including 24 producing wells $41 million cash and $41 million in development carry Avista Capital Partners in the Utica Shale (Sept 2011) Early stage land acquisition program in Utica condensate zone (50% Avista / 50% Carrizo) Investment budget: $130 $200 million GAIL (India) in Eagle Ford Shale (Sept 2011) 20% of 20,200 acres including 8 producing wells transferred to GAIL $64 million cash and $31 million in development carry Reliance Industries (RIL) in the Marcellus Shale (Aug 2010) Sold 20% of 57,700 acres in PA $13 million cash and $52 million in development carry RIL participating in Marcellus PA development (60% RIL / 40% Carrizo)
13 Eagle Ford Shale-Well Economic Summary Total Well Cost Type Curve $8.0 MM >550 Future Drilling Locations (12 years) Frac Stages 23.3 Lateral Length 5,600 ft. Gross 495 Mboe EUR Oil Only 395 Mbo Net 370 Mboe F&D Cost IRR & NPV 1 $100 NYMEX Oil $85 NYMEX Oil $70 NYMEX Oil $21.62 / Boe IRR 87% NPV $9.1MM IRR 57% NPV $6.5 MM IRR 34% NPV $3.9 MM Daily Prod, Bopd Cum. Prod, Mbo Undiscounted $85 NYMEX Oil 1.6 years Producing Days 0.0 (1) Economics include $3.00/Bbl NYMEX premium & $3.50/Mcf NYMEX gas price; NGL pricing 27% NYMEX oil price. Current Type Curve Daily Current Type Curve Cum
14 Utica Shale-Well Economic Summary Type Curve >120 Future Drilling Locations (10 years) Total Well Cost $10.1 MM 1, EUR 1 Gross Condensate Only 1,348 Mboe 455 Mbo 1,600 1, F&D Cost IRR & NPV 2 Net $100 NYMEX Oil $85 NYMEX Oil $70 NYMEX Oil Undiscounted $85 NYMEX Oil 1,092 Mboe $9.25 / Boe IRR 85% NPV $14.1 MM IRR 62% NPV $11.0 MM IRR 43% NPV $7.8 MM 1.6 years Daily Prod, Boepd 1,200 1, Months Daily Cumulative Cum. Prod, Mboe (1) IP rate of 6 MMcf/d; CGR of 100 Bbls/MMcf and NGLs of 50 Bbls/MMcf; EUR is 34% condensate, 17% NGLs and 49% dry gas (2) Economics includes: 90% NYMEX for condensate, NGL 50% NYMEX oil (assumes ethane rejection), and 97% NYMEX for gas ($3.50 NYMEX in all cases)
15 Niobrara Well Economic Summary Type Curve >325 Future Drilling Locations (18 years) Total Well Cost $3.6 MM Gross 235 Mboe EUR Avg. GOR=1, Mbo F&D Cost Net $100 NYMEX Oil 188 Mboe $19.15 / Boe 56% Daily Prod, Bopd Cum. Prod, Mbo IRR 1 $85 NYMEX Oil 32% $70 NYMEX Oil 16% Undiscounted $85 NYMEX Oil 1.9 years Months Oil Cum Oil 0 (1) Economics are well only and include $6.50/Bbl NYMEX deduct & $3.50/Mcf NYMEX gas price (1) Assumes differential to NYMEX WTI of minus $8.50/Bbl
16 Marcellus Shale-Well Economic Summary Superior dry gas economics >10 Future drilling locations Wells performing at or above expectations 9, Increasing seasonal price swings Potential completion cost reduction 8,000 7, Total Well Cost EUR Gross Net Type Curve $6.8 MM 6.0 Bcf 4.8 Bcf Gas Rate (Mcfd) 6,000 5,000 4,000 3, Cum. Gas (Bcf) F&D Cost $1.42 / Mcf 2, $5.00 NYMEX 79% 1, IRR $4.00 NYMEX 39% Months 0.0 $3.00 NYMEX 12% Gas Cum. Gas Undiscounted $4.00 NYMEX 2.0 years
17 UK Central North Sea Prospects Manhattan Prospect: Ventura Paleocene Blocks 22/13b, 14d, 18b, 19b Upper Jurassic Fulmar objective Structural/stratigraphic trap Large reserves potential Forties Everest Nelson Manhattan Upper Jurassic Ventura Prospect: Montrose Arbroath Blocks 22/8a, 13b Paleocene Forties objective Structural/stratigraphic trap Moderate reserves potential
18 Blocks 22/13b, 14d, 18b, 19b- Manhattan Prospect Fulmar/BUJ Depth Structure C.I. = 50 ft. PGS PSTM Time to Depth Stratigraphic (Base) Closure 6,115 acres Structural Closure 1,900 acres Closure: 6,115 ac. Relief: 325 ft. Depth: 12,675 ft. Stratigraphic (Upside) Closure 12,670 acres
19 Blocks 22/13b, 14d, 18b, 19b- Manhattan Prospect WEST Manhattan Prospect EAST BCU Base Upper Jurassic 22/13b 22/14d
20 Blocks 22/13b, 14d, 18b, 19b- Manhattan Prospect Schematic Geologic Cross Section: Southwest Northeast 22/18-3 Structural Closure Chalk Smith Bank Forties Gas Discovery Cross Fault Seal Kimm/Heat Fulmar Skagerrak L. Cret. Zechstein Stratigraphic Closure Smith Bank
21 Blocks 22/13b, 14d, 18b, 19b- Manhattan Summary Traditional Licenses: P1420 Block 22/13b, Carrizo 27.3%, Premier 72.7% (op.) P1801 Blocks 22/14d, 22/18b, 22/19b, Carrizo 100% (op.) Water Depth: 295 ft Geologic Chance: 35% (Charge 0.9, Trap 0.8, Seal 0.7, Reservoir 0.7) Reserves Potential (mmbo): Well Depth: Objective: Site Clearance: STOOIP Reserves P P P10 1, ,500 ft Upper Jurassic Fulmar Sandstone 2007 site survey revealed no problems Well Timing: Q Remaining work programme: None
22 Block 22/8a, 13b- Ventura Prospect Forties Depth Structure Map C.I. = 20 Ft. Forties Far Offset Amplitude Anomaly on Forties Depth Map C.I. = 20 Ft. 22/8a 22/13b Ventura Amplitude Huntington Field Closure: 1,250 ac. Maximum Relief: 300 ft. Depth: 8,780 ft. Ventura Amplitude
23 Block 22/8a, 13b- Ventura Prospect S Ventura N Top Forties Forties Channel Approximate Base Forties PreSTM Amplitude Stack Ventura S Top Forties N N PreSTM Far Stack Approximate Base Forties S
24 NE Block 22/8a, 13b- Ventura Prospect Ventura SW Balder Sele PreSTM Amplitude Stack Top Forties Base Forties SW Forties Sand pinch-out provides downdip seal Ventura Forties Sand inter-channel shale provides updip seal NE NE Ventura Channel Complex Channel Complex SW PreSTM Amplitude Stack, Flattened on Sele pick
25 Block 22/8a, 13b- Ventura Summary Traditional License: P1801 Block 22/8a, Carrizo 100% (op.) Water Depth: 300 ft Geologic Chance: 30% (Reservoir 0.9, Charge 0.8, Seal 0.7, Trap 0.6) Reserves Potential (mmbo): Well Depth: Objective: STOOIP Reserves P P P ,200 ft Paleocene Forties Sandstone Remaining work programme: Drill or drop well to 9,200 ft
26 UK Southern North Sea Prospects Schooner Ketch Chiswick Monterey Prospect: -Blocks 49/8b -Carboniferous/Leman objectives -Structural trap -Large reserves potential Monterey Stinson Ann Winchester Cutter Markham Grove Stinson Prospect: -Blocks 49/8b -Carboniferous/Leman objectives -Structural trap -Moderate reserves potential N. Viking Carrack Winchester Prospect: -Block 49/8b -Leman objective -Structural trap -Moderate reserves potential
27 Block 49/8b- Monterey Prospect Base Unconformity Depth Map Windermere Field Monterey Field Stinson Prospect Grandby discovery Winchester Prospect Cutter Field Contour interval= 25 m
28 Block 49/8b- Monterey Prospect W 49/8-2a well 49/9-5 well E Base Cretaceous Top Zechstein Top Rotliegendes 5 mmcfg/d Leman Sandstone Up to 5 mmcfg/d Westphalian C/D Monterey Discovery Stinson Prospect
29 Block 49/8b- Monterey Prospect 49/8-2 Well Petrophysical Evaluation 12,240 ft DST 2: Flowed up to 5 mmcfg/d without stabilizing due to formation damage. Note washed out borehole in left column. Skin factor was 9-15 based on second pressure buildup analysis 12,415 ft -Two previous wells on Monterey, 49/8-2 and 49/8-4, have established a gross gas column of about 400 ft in Leman and Carboniferous sands -These wells tested at maximum rates of mmcfg/d from damaged reservoirs. Neither well was fracture stimulated -It is expected that a combination of horizontal wells and fracture stimulation in multiple zones can achieve commercial flow rates
30 Block 49/8b- Monterey Summary Traditional License: P2121 Block 49/8b, Carrizo 100% (op.) Water Depth: Geologic Chance: Reserves Potential (bcf): Well Depth: Objective: Site Clearance: 90 ft 100% (proven gas at Monterey) STOOIP Reserves P P P ,500 ft Carboniferous/Leman Sandstones 2005 site survey revealed no problems Remaining work programme: Technical studies, drill or drop well to 11,500 ft
31 Thank You For further information visit us at booth #8
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 informationRange 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 informationTHE 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 informationRange 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 informationMEMP 2016 Guidance. Supplemental Materials. January 27, 2016 www.memorialpp.com
MEMP 2016 Guidance Supplemental Materials January 27, 2016 www.memorialpp.com Forward-Looking & Other Cautionary Statements This presentation and the oral statements made in connection therewith contain
More informationNOVEMBER 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 informationSWIFT ENERGY ANNOUNCES FIRST QUARTER 2015 RESULTS
17001 NORTHCHASE DR., SUITE 100, HOUSTON, TEXAS 77060 SWIFT ENERGY COMPANY COMPANY CONTACT: Doug Atkinson Manager Investor Relations (281) 874-2700, (800) 777-2412 FOR IMMEDIATE RELEASE SWIFT ENERGY ANNOUNCES
More informationThird Quarter 2015 Swift Energy Company November 5, 2015
Third Quarter 2015 Swift Energy Company November 5, 2015 Forward Looking Statements The material included herein which is not historical fact constitutes forward-looking statements within the meaning of
More informationGeoResources, Inc. Reports First Quarter Financial and Operational Results
GeoResources, Inc. Reports First Quarter Financial and Operational Results Reports First Quarter Adjusted Net Income of $11.5 Million or $0.44 Per Share and Adjusted EBITDAX of $30.4 Million Houston, Texas,
More informationRex 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 informationANADARKO 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 informationRAGING RIVER EXPLORATION INC. ANNOUNCES 2015 YEAR END RESERVES AND UPDATED 2016 GUIDANCE
February 3, 2016 RAGING RIVER EXPLORATION INC. ANNOUNCES 2015 YEAR END RESERVES AND UPDATED 2016 GUIDANCE CALGARY, ALBERTA (February 3, 2016) Raging River Exploration Inc. ("Raging River" or the "Company")
More informationLow Price Environment and the Impact on Unconventional Resource Developments
Low Price Environment and the Impact on Unconventional Resource Developments Mark Nelson Vice President Commercial & Communications ConocoPhillips China October 16, 2015 Cautionary Statement The following
More informationGran Tierra Energy Inc. Announces 2015 Year-End Reserves and Combined Pro Forma Reserves and Resources
Gran Tierra Energy Inc. Announces 2015 Year-End Reserves and Combined Pro Forma Reserves and Resources CALGARY, Alberta January 21, 2016 Gran Tierra Energy Inc. ( Gran Tierra or the "Company") (NYSE MKT:
More informationMemorial Production Partners LP Announces Second Quarter 2015 Results, Cash Distribution Update, Updated Hedges and Updated 2015 Guidance
August 5, 2015 Memorial Production Partners LP Announces Second Quarter 2015 Results, Cash Distribution Update, Updated Hedges and Updated 2015 Guidance HOUSTON, Aug. 5, 2015 (GLOBE NEWSWIRE) -- Memorial
More informationWELLS FARGO 2015 ENERGY SYMPOSIUM. Carrizo Oil & Gas, Inc. December 8, 2015
WELLS FARGO 2015 ENERGY SYMPOSIUM Carrizo Oil & Gas, Inc. December 8, 2015 Forward Looking Statements / Note Regarding Reserves This presentation contain statements concerning the Company s intentions,
More informationLAREDO 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 informationASX 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 informationTrilogy completed the sale of its Dunvegan oil assets in the Kaybob area for net proceeds of $45 million.
Calgary, Alberta November 5, 2015 News Release: Trilogy Energy Corp. Announces Financial and Operating Results for the Three and Nine Months-Ended September 30, 2015 and Provides Revised Guidance Trilogy
More informationForward-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 informationPARSLEY 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 informationForward-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 informationCRESCENT POINT ENERGY ANNOUNCES $1.45 BILLION CAPITAL EXPENDITURES BUDGET FOR 2015
PRESS RELEASE CRESCENT POINT ENERGY ANNOUNCES $1.45 BILLION CAPITAL EXPENDITURES BUDGET FOR 2015 January 6, 2015 CALGARY, ALBERTA. Crescent Point Energy Corp. ( Crescent Point or the Company ) (TSX and
More informationCITIBANK ENERGY INVESTOR TOUR. December 16, 2015
CITIBANK ENERGY INVESTOR TOUR December 16, 2015 FORWARD-LOOKING STATEMENTS This presentation includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section
More informationOCCIDENTAL PETROLEUM CORPORATION. Third Quarter 2015 Earnings Conference Call October 28, 2015
OCCIDENTAL PETROLEUM CORPORATION Third Quarter 2015 Earnings Conference Call October 28, 2015 Cautionary Statements Forward-Looking Statements Portions of this presentation contain forward-looking statements
More informationFOR IMMEDIATE RELEASE TSXV: SOG OPERATIONS UPDATE. last. $90 million, by. drilled five. the Company. up the casing. well 14 35. resource.
NEWS RELEASE TSXV: SOG February 11, 2016 STRATEGIC OIL & GAS LTD. FOR IMMEDIATE RELEASE PROVIDES OPERATIONS UPDATE, YEAR END RESERVES AND FINANCING ARRANGEMENT Calgary, Alberta Strategic Oil & Gas Ltd.
More informationNorwegian Energy Company ASA - A Report of Q3 2007
Norwegian Energy Company ASA Presentation of Q3 2007 23 November 2007 Important information The information included herein contains certain forward-looking statements that address activities, events or
More informationGOLDMAN SACHS GLOBAL ENERGY CONFERENCE. Carrizo Oil & Gas, Inc. January 6-7, 2016
GOLDMAN SACHS GLOBAL ENERGY CONFERENCE Carrizo Oil & Gas, Inc. January 6-7, 2016 Forward Looking Statements / Note Regarding Reserves This presentation contain statements concerning the Company s intentions,
More informationGreenfields Petroleum Corporation
Greenfields Petroleum Corporation BAHAR Project Update 3rd Annual Azerbaijan & Caspian Sea Oil and Gas Week 2015 September 28, 2015 Baku, Azerbaijan TSX.V: GNF & GNF.DB Organized by: oliverkinross Forward-Looking
More informationRESOLUTE ENERGY CORPORATION ANNOUNCES AGREEMENT TO SELL PERMIAN BASIN MID-STREAM ASSETS; PROVIDES OPERATIONAL UPDATE
RESOLUTE ENERGY CORPORATION ANNOUNCES AGREEMENT TO SELL PERMIAN BASIN MID-STREAM ASSETS; PROVIDES OPERATIONAL UPDATE Signed Purchase and Sale Agreements to sell certain midstream assets Exited June with
More informationAbraxas Petroleum Corporate Update
Abraxas Petroleum Corporate Update June 2016 Raven Rig #1; McKenzie County, ND Forward-Looking Statements The information presented herein may contain predictions, estimates and other forwardlooking statements
More informationSPARTAN ENERGY CORP. ANNOUNCES TWO CONSOLIDATING SOUTHEAST SASKATCHEWAN LIGHT OIL ACQUISITIONS AND BANK LINE REDETERMINATION
Suite 500, 850 2 nd Street SW Calgary, AB T2P 0R8 Canada Ph.: (403) 355-8920 Fax: (403) 355-2779 SPARTAN ENERGY CORP. ANNOUNCES TWO CONSOLIDATING SOUTHEAST SASKATCHEWAN LIGHT OIL ACQUISITIONS AND BANK
More informationPlatts 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 informationEQT 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 informationForward-Looking Statements
April 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 informationRANGE 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 informationBuilding a well-funded, full-cycle, exploration led E&P company
Investor Presentation Building a well-funded, full-cycle, exploration led E&P company June 2016 Important Notice This Presentation does not constitute an offer or invitation or a solicitation of any offer
More informationMarch 2015 MEGATRENDS IN THE OIL AND GAS INDUSTRY
March 2015 MEGATRENDS IN THE OIL AND GAS INDUSTRY Cautionary Statement The following presentation includes forward-looking statements. These statements relate to future events, such as anticipated revenues,
More informationRELINQUISHMENT REPORT FOR LICENCE P.1442 BLOCK 48/9d
RELINQUISHMENT REPORT FOR LICENCE P.1442 BLOCK 48/9d Licence: P.1442 Block: 48/9d 24 th Round Traditional Licence Operator: Ithaca Energy UK(Ltd) 44.85% Partner: Dyas 15. 15% EWE 40% Work Programme Summary:
More informationBAYTEX REPORTS Q3 2015 RESULTS
BAYTEX REPORTS Q3 RESULTS CALGARY, ALBERTA (November 6, ) - Baytex Energy Corp. ("Baytex")(TSX, NYSE: BTE) reports its operating and financial results for the three and nine months ended (all amounts are
More informationAGM Presentation. 24 June 2013
AGM Presentation 24 June 2013 1 Introduction 2012 review Implications of 2012 drilling programme Funding & Forward Plan 2 2012 Review Equity fund raising Farm-outs Drilling Loligo Scotia 3 Farm-outs to
More informationPETRONEFT RESOURCES PLC. Annual General Meeting, 29 August 2014
PETRONEFT RESOURCES PLC Annual General Meeting, 29 August 2014 FORWARD-LOOKING STATEMENTS This presentation contains certain forward-looking statements that are subject to the usual risk factors and uncertainties
More informationNEWS 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 informationNYSE: 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 informationPRESS RELEASE. November 12, 2013
PRESS RELEASE November 12, 2013 TORC OIL & GAS LTD. ANNOUNCES THIRD QUARTER 2013 FINANCIAL & OPERATIONAL RESULTS, SUCCESSFUL TRANSITION TO SUSTAINABLE DIVIDEND PLUS GROWTH COMPANY AND INCREASE TO 2013
More informationOperational, Reserves and Guidance Update
Operational, Reserves and Guidance Update NASDAQ: MRD Jay C. Graham CEO February 2016 Andrew J. Cozby SVP and CFO Forward-Looking Statements This presentation includes "forward-looking statements" within
More informationCorporate Presentation October 2015
Corporate Presentation October 2015 CAUTIONARY STATEMENTS Certain information regarding the Company contained in this presentation, including our liquidity position, our business strategies, plans and
More informationQ1 2016 Results Conference Call
ENCANA CORPORATION Q1 216 Results Conference Call May 3, 216 DELIVERING INDUSTRY LEADING PERFORMANCE AND LOWER COSTS Significant progress on achieving 216 cost savings target of $55 million year-over-year
More informationCorporate Presentation January 2016
Corporate Presentation January 2016 CAUTIONARY STATEMENTS Certain information regarding the Company contained in this presentation, including our liquidity position, our business strategies, plans and
More informationForward-Looking & Other Cautionary Statements
MAY 2014 Forward-Looking & Other Cautionary Statements Please reference the last two pages of this presentation for important disclosures on: Forward-looking statements Non-GAAP measures Reserves Risked
More informationRex Energy Reports Second Quarter 2014 Operational and Financial Results
Rex Energy Reports Second Quarter 2014 Operational and Financial Results Record quarterly production of 128.8 MMcfe/d, represents a 50% year-over-year increase Average daily production from oil and NGLs
More informationSuzanne 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 information4Q14 Conference Call. Jan. 29, 2015
4Q14 Conference Call Jan. 29, 2015 Cautionary Statement The following presentation includes forward-looking statements. These statements relate to future events, such as anticipated revenues, earnings,
More informationAnnual General Meeting
Annual General Meeting Westbury Hotel, Dublin, 13th September 2013 Forward Looking Statements The content of this presentation relating to Moesia Oil and Gas plc ( Moesia ) has not been approved by an
More information1Q16 Conference Call. April 28, 2016
1Q16 Conference Call April 28, 2016 Cautionary Statement The following presentation includes forward-looking statements. These statements relate to future events, such as anticipated revenues, earnings,
More informationOctober 2013. Guatemalan Oil Production and Exploration
October 2013 C O R P O R A T E P R E S E N T A T I O N Guatemalan Oil Production and Exploration Investment Highlights Citation holds direct 60% equity interest in Latin American Resources Ltd (Bahamas)
More informationCONE 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 informationNorwest Energy NL. Northern Perth Basin Farm-In Opportunities. PESA Deal Day Brisbane - 2016. Shelley Robertson Asset Manager.
Norwest Energy NL Northern Perth Basin Farm-In Opportunities PESA Deal Day Brisbane - 2016 Shelley Robertson Asset Manager 1 June 2016 Disclaimer The information contained in this Presentation or subsequently
More informationJune 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 information2008 ANNUAL REPORT NORTh AmERicAN shale PLAys
2008 ANNUAL REPORT north american shale plays company profile Carrizo Oil and Gas, Inc. 2008 Annual Report Carrizo Oil & Gas, Inc. is a Houston based independent energy company engaged in the exploration,
More informationBaron Energy, Inc. Corporate Overview. October 1, 2012. www.baronenergy.com
Baron Energy, Inc. Corporate Overview October 1, 2012 www.baronenergy.com Safe Harbor Statement This presentation includes forward-looking statements. All statements, other than statements of historical
More informationIndependent Stock Idea May 9, 2016
Range Resources (RRC) Restore Net Present Value to $42 a Share Independent Stock Idea Symbol RRC Ebitda Next Twelve Months ending 3/31/17 (US$mm) 320 Rating North American Natural Gas/Ebitda (%) 64 Price
More informationCHESAPEAKE ENERGY CORPORATION PROVIDES 2016 GUIDANCE AND REPORTS 2015 FULL YEAR AND FOURTH QUARTER FINANCIAL AND OPERATIONAL RESULTS
News Release FOR IMMEDIATE RELEASE FEBRUARY 24, 2016 CHESAPEAKE ENERGY CORPORATION PROVIDES 2016 GUIDANCE AND REPORTS FULL YEAR AND FOURTH QUARTER FINANCIAL AND OPERATIONAL RESULTS OKLAHOMA CITY, February
More informationCorporate 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 informationBank 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 informationANADARKO ANNOUNCES FIRST-QUARTER 2015 RESULTS
1 NEWS ANADARKO ANNOUNCES FIRST-QUARTER 2015 RESULTS Increases Midpoint of Full-Year Sales-Volume Guidance by 5 Million BOE HOUSTON, May 4, 2015 (NYSE: APC) today announced its financial and operating
More informationCorporate Presentation February 2016
Corporate Presentation February 2016 Cautionary Statements Forward Looking Statements. Statements in this presentation may contain forward-looking statements including management s assessment of future
More informationRunnels County, Texas
Multi-Zone Oil and Gas Program Runnels County, Texas Forward Looking Statement This presentation may contain certain forward-looking statements, including management s assessment of future plans and operations,
More informationStrategic Review April 2013
Strategic Review April 2013 Disclaimer The information contained in this presentation, which may include certain forward-looking information, is not to be relied upon for any particular purpose, and is
More informationBill Barrett Corporation Reports Second Quarter 2014 Results and Reaffirms Expected 30% Growth in Oil Production for 2014
Press Release For immediate release Company contact: Jennifer Martin, Vice President of Investor Relations, 303-312-8155 Bill Barrett Corporation Reports Second Quarter 2014 Results and Reaffirms Expected
More informationOCCIDENTAL 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 informationVAALCO ENERGY ANNOUNCES FIRST QUARTER 2015 RESULTS
VAALCO ENERGY ANNOUNCES FIRST QUARTER 2015 RESULTS HOUSTON MAY 7, 2015 VAALCO Energy, Inc. (NYSE: EGY) today reported results for the first quarter of 2015. First Quarter 2015 highlights: Successfully
More informationFebruary 2, 2016. Operational Update:
February 2, 2016 Memorial Resource Development Corp. Announces Operational Update, Year-End 2015 Reserves, 2016 Financial and Operational Guidance, Updated Horizontal Drilling Locations and Hedge Restructure
More informationInvestor 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 informationEmerging Oil and Gas Development in Northwestern New Mexico HORIZONTAL GALLUP / MANCOS PLAY
Emerging Oil and Gas Development in Northwestern New Mexico HORIZONTAL GALLUP / MANCOS PLAY Gallup / Mancos Oil Play Northwestern New Mexico Bob Just, Petroleum Geologist, Ron Lloyd, Petroleum Geologist
More informationSPARTAN ENERGY CORP. ANNOUNCES THIRD QUARTER FINANCIAL AND OPERATING RESULTS
Suite 500, 850 2 nd Street SW Calgary, AB T2P 0R8 Canada Ph.: (403) 355-8920 Fax: (403) 355-2779 SPARTAN ENERGY CORP. ANNOUNCES THIRD QUARTER FINANCIAL AND OPERATING RESULTS CALGARY, ALBERTA (November
More informationOil 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 informationSterling Resources Ltd. AGM Presentation. 5 July 2016
Sterling Resources Ltd AGM Presentation 5 July 2016 Disclaimer The information in this presentation contains certain forward looking statements including expectations of future financial transactions.
More informationPareto E&P Independents Conference January 17th 2008, The Soho Hotel, London. Erik Haugane, CEO
Pareto E&P Independents Conference January 17th 2008, The Soho Hotel, London Erik Haugane, CEO All presentations and their appendices (hereinafter referred to as Investor Presentations ) published on www.detnor.no
More informationEPAC: Oil and Gas Investor Showcase. June 10, 2015
EPAC: Oil and Gas Investor Showcase June 10, 2015 Forward Looking Statement Advisories Certain information contained in this presentation constitutes forward-looking information within the meaning of applicable
More informationLow 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 informationFor 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 informationenergy ltd February 2016 TSX: CQE
cequence energy ltd February 2016 TSX: CQE Forward-Looking Information and Definitions Summary of Forward-Looking Statements or Information Certain information included in this presentation constitutes
More informationForward-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 informationNew 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 information2016 Budget Targets 39% Production Growth, $0.75/mcf Total Cash Costs and 1.6x Debt to Cash Flow @ AECO Cdn $2.50/mcf
2016 Budget Targets 39% Production Growth, $0.75/mcf Total Cash Costs and 1.6x Debt to Cash Flow @ AECO Cdn $2.50/mcf Investor Presentation TSX / NYSE: AAV January 2016 ADVANTAGE AT A GLANCE TSX, NYSE:
More informationNEWS RELEASE CHINOOK ENERGY INC. ANNOUNCES ITS DECEMBER 31, 2015 RESERVES AND PROVIDES OPERATIONS UPDATE
NEWS RELEASE CHINOOK ENERGY INC. ANNOUNCES ITS DECEMBER 31, 2015 RESERVES AND PROVIDES OPERATIONS UPDATE CALGARY, ALBERTA February 8, 2016 Chinook Energy Inc. ("Chinook" or the "Company") (TSX: CKE) today
More informationTreatment, Beneficial Use and Management of CBM Produced Water Industry Perspective
IP/BEC - Challenges and Opportunities of IP/BEC Challenges and Opportunities of Treatment, Beneficial Use and Management of CBM Produced Water Industry Perspective Forward-Looking Statements Except for
More informationCompany contact: Larry C. Busnardo, Senior Director, Investor Relations, 303-312-8514
Press Release For immediate release Company contact: Larry C. Busnardo, Senior Director, Investor Relations, 303-312-8514 Bill Barrett Corporation Reports Third Quarter 2015 Results - Production Volume
More informationMIDSTATES PETROLEUM COMPANY, INC.
MIDSTATES PETROLEUM COMPANY, INC. EnerCom s The Oil & Gas Conference 20 August 19, 2015 Mark E. Eck, EVP & Chief Operating Officer Forward-Looking Statements This presentation contains forward-looking
More informationRMP Energy Provides First Half 2016 Capital Budget and Highlights New Strategic Acreage Positions
NEWS RELEASE December 17, 2015 RMP Energy Provides First Half 2016 Capital Budget and Highlights New Strategic Acreage Positions Calgary, Alberta RMP Energy Inc. ( RMP or the Company ) (TSX: RMP) is pleased
More informationFORM 51-101 F1. Prepared for: DUNDEE ENERGY LIMITED In respect of assets held by DUNDEE ENERGY LIMITED PARTNERSHIP
FORM 51-101 F1 Prepared for: DUNDEE ENERGY LIMITED In respect of assets held by DUNDEE ENERGY LIMITED PARTNERSHIP Statement of reserves data and other oil and gas information as of December 31, 2014 Prepared
More informationGULFPORT 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 informationNOT FOR DISSEMINATION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW.
PRESS RELEASE CRESCENT POINT ANNOUNCES STRATEGIC SOUTHEAST SASKATCHEWAN CONSOLIDATION ACQUISITION OF LEGACY OIL + GAS INC., UPWARDLY REVISED 2015 GUIDANCE AND A CDN$600 MILLION BOUGHT DEAL FINANCING May
More informationRMP Energy Reports Third Quarter Financial Results
NEWS RELEASE November 12, 2015 RMP Energy Reports Third Quarter Financial Results Calgary, Alberta RMP Energy Inc. ( RMP or the Company ) (TSX: RMP) is pleased to report for the three months ended September
More information3Q15 Conference Call. Oct. 29, 2015
3Q15 Conference Call Oct. 29, 2015 Cautionary Statement The following presentation includes forward-looking statements. These statements relate to future events, such as anticipated revenues, earnings,
More informationCompustat. Data Navigator. White Paper: Oil and Gas Exploration and Production Industry-Specific Data
Compustat Data Navigator White Paper: Oil and Gas Exploration and Production Industry-Specific Data March 2008 Data Navigator: Oil and Gas Exploration and Production Industry-Specific Data An E&P company
More informationGilby Prospect (Twp 35-42, Rge 25w4-7w5)
Gilby Prospect (Twp 35-42, Rge 25w4-7w5) (Figure 1- Taylor Hill Exploration Ltd. Gilby Land (Yellow)) Taylor Hill Exploration Ltd. ( Taylor Hill ) currently has a 100 % W.I. in over forty nine and one
More informationISSUE 115 3rd April, 2013
ISSUE 115 3rd April, 2013 1 Strike Energy (STX) Spec Buy around $0.115 An emerging petroleum play with high-profile exposures in the form of the Eagle Ford Shale in the USA, the Palta-1 exploration well
More informationStock 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