Credit Suisse Energy Summit. February 2009 PXP
|
|
- Mervyn Morton
- 5 years ago
- Views:
Transcription
1 Credit Suisse Energy Summit February 2009
2 Innovative Balanced Experienced is an independent oil and gas company primarily engaged in the activities of acquiring, developing, exploring and producing oil and gas in its core areas of operation: California, Texas, Louisiana and Gulf of Mexico. is headquartered in Houston, Texas.
3 Corporate Information Corporate Headquarters Plains Exploration & Production Company 700 Milam, Suite 3100 Houston, Texas Contacts James C. Flores Chairman, President & CEO Winston M. Talbert Exec. Vice President & CFO Hance V. Myers Vice President Investor Relations Joanna Pankey Manager, Investor Relations & Shareholder Services Phone: Toll Free: Web Site: Forward Looking Statements Except for the historical information contained herein, the matters discussed in this presentation are forward-looking statements as defined by the Securities and Exchange Commission. These statements involve certain assumptions made based on its experience and perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate under the circumstances. The forward-looking statements are subject to a number of known and unknown risks, uncertainties and other factors that could cause our actual results to differ materially. These risks and uncertainties include, among other things, uncertainties inherent in the exploration for and development and production of oil & gas and in estimating reserves, unexpected future capital expenditures, general economic conditions, oil and gas price volatility, the success of our risk management activities, competition, regulatory changes and other factors discussed in s filings with the Securities and Exchange Commission. This presentation is not for reproduction or distribution to others without s consent. 2
4 Historical Prices WTI NYMEX and Forward Curve $160 $160 $140 $140 $120 $120 $100 $ 80 $ 60 NYMEX Oil Price January 23, 2009 $100 $ 80 $ 60 $ 40 $ 40 $ 20 $ Source: Goldman Sachs, NYMEX 3
5 Through 2008 Completed strategic enhancement of assets with a portfolio of efficient development growth potential Developed strong technical and operational team for diligent exploitation of enhanced asset portfolio Strengthened balance sheet through debt reduction Deployed consistent conservative hedge strategy to be well prepared for economic downturn 4
6 2009 Operational Strategy Maximize returns on existing portfolio with growing production and reserves High grading reduced capital expenditures toward higher rate of return development projects Limit exploration expenditures to existing inventory Asset rationalization Lower LOE's Reduce G&A expense Strengthen balance sheet with free cash flow from valuable hedge position 5
7 2009 Capital Program $1,150 MM 26 Rigs Avg. 40% 15% 45% Development Development-Haynesville Exploration Development capital includes exploitation, capitalized interest and G&A costs. 6
8 Financial Strength Strong Liquidity With No Near Term Debt Maturities Millions 2,500 Liquidity, Mark-to-Market and Debt Maturity Profile 2,000 1,500 $930 Hedges MTM 10/31/08 1, $1,300 Available Liquidity (1) $1,000 (2) $600 $500 $ Available Credit Facility Hedges MTM PF Bank Debt Senior Notes (1) Pro forma 9/30/08 for Permian and Piceance divestiture that closed 12/01/08. (2) Pro forma bank debt as of 9/30/08 for Permian and Piceance divestiture that closed 12/01/08 (net of taxes, fees and cash equivalents). 7
9 2009 Hedge Positions Based on Estimated 2008 Production Volumes MMbbl/d 100 MMcf/d Oil Production $106 Puts Natural Gas Production $10 - $20 Collars $55 Puts Physical Purchase Total Commodity Derivative Assets Mark-to-Market as of 10/31/08: +$900 MM
10 +2 Billion BOE Resource Potential ~1.28 Billion BOE Development Resource Potential Region Haynesville California Panhandle Gulf of Mexico Rockies Region Gulf of Mexico Vietnam ~750 Million BOE Exploration Resource Potential Potential Reserves 950 MMBOE 165 MMBOE 82 MMBOE 54 MMBOE 31 MMBOE Potential Reserves 650 MMBOE 100 MMBOE 9
11 California Onshore/Offshore 369 MMBOE Net Proved Reserves (1) San Joaquin Pt Pedernales Valley Arroyo Grande Los Angeles Basin Pt Arguello 49% Proved Developed 22 yr R/P (2) 2,500+ future well locations (1) Reserves: As of 12/31/07. (2) Using 12/31/07 proved reserves and 2008 estimated production. The shaded area is for illustrative purposes only and does not reflect actual lease acreage. 10
12 Texas/Louisiana Texas Panhandle 532,000 gross acres 715 square miles 3D seismic 2 rigs running Panhandle Haynesville Shale 110,000 net acres 1,375 potential net locations 20 rigs running Haynesville Big Mac South Texas South Texas 94,000 gross acres 321 square miles 3D seismic 1 rig running Big Mac 72,000 gross acres 275 square miles 3D seismic The shaded areas are for illustrative purposes only and do not reflect actual leasehold acreage. 11
13 Haynesville Shale 2009 Activity Legend PRODUCING WAITING ON COMPLETION 2009 DRILLS ACTIVE DRILLING Projection: NAD 1927 LA North 12
14 Net Gas Production & Gross Well Count Dec Nov-09 Well Count Sep-08 Oct-08 Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Month MMcf/d Haynesville Shale Ramping Production July 08-December 09 Well count Net MMcf/d
15 Haynesville Economics 1,500 Net Production MMcf/d 250 Producing Wells 1, Production Interest: Net Acreage: Potential Net Locations: Est. Net Resource Potential: Est. Median Gross Well Cost: Est. Median Gross EUR per Well: Avg. Yearly Producing Wells Net H ville Drill & Complete F&D: Avg. Yearly Production 20% WI/15% NRI 110,000 1, Tcfe $7mm (1) 6.5 Bcfe $1.32 Mcfe or $7.92/BOE (1) Assumed D&C costs for first 3 years = $7 mm per well, after 3 years = $6 mm per well. 14
16 Gulf of Mexico Success Continues Discoveries Drilling Flatrock #1,2,3,4,5,6 New Orleans Tom Sauk & Gladstone Ammazzo #1 S. Timbalier 168 Friesian # 2 Friesian Salida Friesian Deep 15
17 Flatrock Discovery South Marsh Island Block 212, GOM Type Log Located on OCS 310 at SMI 212 in 10 feet of water 6 successful wells drilled to date Currently producing +200 mmcfd\+45mmcfd net Year-end 2008 proved reserves +350 Bcfe gross\74 Bcfe net 16
18 Friesian Project Green Canyon Area, GOM Tahiti Friesian Miocene Type Log Est. Reserves 500 MMBOE Est. Prod. 135 MBOEPD Reserve Potential approx. 300 MMBOE - 50% W.I. 29,000 17
19 Friesian Project Green Canyon Area, GOM Tahiti Friesian Miocene Type Log 29,000 Net Reserve Potential MMBOE 32,500 18
20 Blackbeard Area W E Blackbeard 168 #1 Discovery Well Logs indicate four potential hydrocarbon bearing sands Awaiting design and procurement of long lead time completion equipment for high pressure test 19
21 Vicksburg Discovery Desoto Canyon, GOM Mesozoic Type Log Vicksburg % W.I. +300'oil column 20
22 2009 Exploration Portfolio Ammazzo - Drilling Salida - 3Q 09 Drill White Shark - 2Q 09 Drill 21
23 Ammazzo Prospect South Marsh Island, GOM Flatrock Rob L & Operc Gyro Type Log Hurricane Deep Gyro JB Mountain Gyro Blueberry Hill Gyro Ammazzo % W.I. Net Reserve Potential Bcfe 22
24 Salida Prospect Garden Banks/Keathley Canyon, GOM Salida Reserve Potential +1 Billion BOE Kaskida Type Log EOCENE / WILCOX Shell 75% 25% Shell 75% 25% Kaskida Estimated Gross Reserves 1.5 Billion BOE BP 73.3% Devon 26.7% 23
25 Salida Prospect Garden Banks/Keathley Canyon, GOM Salida Kaskida Kaskida Type Log EOCENE / WILCOX! - 25% W.I. Net Reserve Potential +250 MMBOE 3Q 2009 Drill Kaskida Estimated Gross Reserves 1.5 Billion BOE 24
26 White Shark Prospect Offshore Central Vietnam Cambodia Nha Trang Block 124 Top Miocene Carbonates Structure Map C.I. = 50m Vietnam Ho Chi Minh City White Shark Block 124 covers approximately 1.48 million acres 100% W.I. expected spud 2Q 2009 Exploration resource potential approximately +100 MMBOE 25
27 2009 Corporate Strategy Strong Cash Flow and Balance Sheet Position During the Current Operating and Financial Environment Maintain Strong Liquidity Position and Continue to Deploy Hedge Strategy Maintain 2009 Capital Expenditures Well Within Significant Hedge Protected Free Cash Flow for Further Debt Reduction Develop the Current +2 Billion BOE of Resource Potential Continue Execution of Significant Development Projects...Haynesville, Flatrock, Friesian and Blackbeard Drill High Impact Exploration Portfolio...Ammazzo, Vietnam and Salida 26
28 Addendum 27
29 Income Statement Summary For Period Ending September 30, 2008 (Millions) Three Months Nine Months Revenues $ $2,075.3 Production Costs General & Administrative Expense DD&A & Accretion Expense Income From Operations ,062.7 Income Before Income Tax ,374.9 Net Income (1) $ $ EPS (diluted) $ 4.50 $ 7.72 (1) Includes an after-tax gain on mark-to-market derivative contracts of approximately $282.4 million and $243.9 million for the three and nine months ended September 30,
30 Balance Sheet Summary (Millions) September 2008 December 2007 Current Assets PP&E Net Goodwill Other $ , $10,635.9 $ , $9,693.3 Current Liabilities $ $ Long-term Debt (1) 3, ,305.0 Other Long-term Liabilities Deferred Income Tax 1, ,959.4 Stockholders Equity 3, ,338.2 $10,635.9 $9,693.3 (1) Does not reflect the $1.25 billion Permian and Piceance divestiture closed on 12/01/08. 29
31 Credit Suisse Energy Summit February 2009
Howard Weil 38 th Annual Energy Conference. March 2010
Howard Weil 38 th Annual Energy Conference March 2010 Corporate Information Corporate Headquarters Plains Exploration & Production Company 700 Milam, Suite 3100 Houston, Texas 77002 Contacts James C. Flores
More informationIPAA Oil & Gas Investment Symposium April 2007
IPAA Oil & Gas Investment Symposium April 2007 Corporate Information Corporate Headquarters Plains Exploration & Production Company 700 Milam, Suite 3100 Houston, Texas 77002 Contacts James C. Flores -
More informationPXP. Plains Exploration & Production Company Credit Suisse Energy Summit February 2007
Plains Exploration & Production Company Credit Suisse Energy Summit February 2007 Corporate Information Corporate Headquarters Plains Exploration & Production Company 700 Milam, Suite 3100 Houston, Texas
More informationMAY 6, 2014 INVESTOR PRESENTATION WPX STRATEGIC ALLIANCE OVERVIEW
MAY 6, 2014 INVESTOR PRESENTATION WPX STRATEGIC ALLIANCE OVERVIEW Forward-Looking Statements Statements made by representatives of Legacy Reserves LP (the Partnership ) during the course of this presentation
More informationFOR IMMEDIATE RELEASE PLEASE CONTACT: Paul F. Blanchard Jr Website: Aug. 7, 2017
FOR IMMEDIATE RELEASE PLEASE CONTACT: Paul F. Blanchard Jr. 405.948.1560 Website: www.panhandleoilandgas.com Aug. 7, 2017 PANHANDLE OIL AND GAS INC. REPORTS FISCAL THIRD QUARTER AND NINE MONTHS 2017 RESULTS
More informationEnerCom s The Oil & Gas Conference. August 15, 2012
EnerCom s The Oil & Gas Conference August 15, 2012 Overview of Operations 16 Bakken Tulsa based company founded in 1963 with long history of operations in the Mid-Continent Integrated approach to business
More informationFOR IMMEDIATE RELEASE PLEASE CONTACT: Paul F. Blanchard Jr Website: Dec. 12, 2017
FOR IMMEDIATE RELEASE PLEASE CONTACT: Paul F. Blanchard Jr. 405.948.1560 Website: www.panhandleoilandgas.com Dec. 12, 2017 PANHANDLE OIL AND GAS INC. REPORTS FOURTH QUARTER AND FISCAL 2017 RESULTS AND
More informationN e w s R e l e a s e
N e w s R e l e a s e Chesapeake Energy Corporation P. O. Box 18496 Oklahoma City, OK 73154 FOR IMMEDIATE RELEASE JANUARY 17, 2006 JEFFREY L. MOBLEY, CFA VICE PRESIDENT INVESTOR RELATIONS AND RESEARCH
More informationQuestar Corporation A NATURAL GAS-FOCUSED ENERGY COMPANY. UBS Natural Gas, Electric Power & Coal Conference
Questar Corporation A NATURAL GAS-FOCUSED ENERGY COMPANY UBS Natural Gas, Electric Power & Coal Conference Keith O. Rattie Chairman, President and CEO Stephen E. Parks Senior Vice President and CFO Lost
More informationSecond Quarter 2007 Earnings Conference Call August 2, 2007
Second Quarter 2007 Earnings Conference Call August 2, 2007 1 Forward-Looking Statements 2 This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act
More information2016 Results and 2017 Outlook
2016 Results and 2017 Outlook March 2, 2017 Cautionary Statement Regarding Forward-Looking Statements This presentation includes certain forward-looking statements and projections of EP Energy. EP Energy
More informationFirst Quarter 2016 Earnings Call Presentation April 28, 2016
First Quarter 2016 Earnings Call Presentation April 28, 2016 FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of
More informationSecond Quarter 2016 Earnings Call Presentation August 3, 2016
Second Quarter 216 Earnings Call Presentation August 3, 216 FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements. All statements, other than statements of historical facts,
More informationQuestar Corporation A NATURAL GAS-FOCUSED ENERGY COMPANY. American Gas Association 2008 Financial Forum. Keith O. Rattie Chairman, President and CEO
Questar Corporation A NATURAL GAS-FOCUSED ENERGY COMPANY American Gas Association 2008 Financial Forum Keith O. Rattie Chairman, President and CEO May 4-5, 2008 Lowes Miami Beach Hotel Miami Beach, FL
More informationIPAA Oil & Gas Investment Symposium Presentation April 13, :35 p.m.
IPAA Oil & Gas Investment Symposium Presentation April 13, 2011 1:35 p.m. Overview of Operations Tulsa based company founded in 1963 with long history of operations in the Mid-Continent Ticker: UNT / NYSE
More informationDahlman Rose Ultimate Oil Service Conference
Dahlman Rose Ultimate Oil Service Conference December 3, 2012 Overview of Operations 16 Bakken Tulsa based company founded in 1963 with long history of operations in the Mid-Continent Integrated approach
More information2009 Credit Suisse Energy Summit February 2-6, 2009
2009 Credit Suisse Energy Summit February 2-6, 2009 Noble Energy Focused on long-term value creation Run a Diversified Portfolio of Assets Multiple plays and markets Able to self fund reinvestment opportunities
More informationPanhandle Oil and Gas Inc.
PHX LISTED NYSE 1 Panhandle Oil and Gas Inc. FORWARD-LOOKING STATEMENTS AND RISK FACTORS This presentation contains projections and other forward-looking statements within the meaning of Section 27A of
More informationForward Looking Statements
August 2008 Forward Looking Statements This communication contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, including statements regarding
More informationPanhandle Oil and Gas Inc.
PHX LISTED NYSE 1 Panhandle Oil and Gas Inc. FORWARD-LOOKING STATEMENTS AND RISK FACTORS This presentation contains projections and other forward-looking statements within the meaning of Section 27A of
More informationInvestor Presentation. February 2018
Investor Presentation February 2018 Forward Looking Statements & Non GAAP Financial Measures This presentation includes forward looking statements within the meaning of Section 27A of the Securities Act
More informationEnerCom s The Oil & Services Conference. February 20, 2013
EnerCom s The Oil & Services Conference February 20, 2013 Overview of Operations 16 Bakken Tulsa based diversified energy company incorporated in 1963 Integrated approach to business allows Unit to balance
More informationCanaccord Genuity Global Energy Conference. Wednesday, October 12, :00 p.m.
Canaccord Genuity Global Energy Conference Wednesday, October 12, 2011 3:00 p.m. Overview of Operations Tulsa based company founded in 1963 with long history of operations in the Mid-Continent Bakken 3%
More informationAcquisition of Oil & Gas Properties in Mid-Continent
Acquisition of Oil & Gas Properties in Mid-Continent July 11, 2012 Significant Overlap in Core Operating Area Pro forma Acreage Position in Core Mid-Continent Area Material acreage overlap with existing
More informationForward-Looking Statements
August 18, 2016 Forward-Looking Statements This presentation includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities
More informationRBC Capital Markets MLP Conference
RBC Capital Markets MLP Conference Halbert S. Washburn Chairman, Co-Founder & Co-CEO Dallas, November 2009 Forward-Looking Statements Cautionary Statement Relevant to Forward-Looking Information This presentation
More information1Q18 EARNINGS OUTSTANDING EXECUTION
1Q18 EARNINGS OUTSTANDING EXECUTION MAY 3, 2018 PLEASE READ THIS PRESENTATION MAKES REFERENCE TO: Forward-looking statements This presentation contains forward-looking statements within the meaning of
More informationScotia Howard Weil Energy Conference
Scotia Howard Weil Energy Conference Rick Muncrief, President and CEO March 2-22, 206 Premier Asset Portfolio Coming Into Focus 2 WPX Profile: World-Class Delaware Position WPX TODAY World-Class Delaware
More informationDiamondback Energy, Inc.
Management Travis Stice, President and CEO Teresa Dick, CFO Jeffrey White, VP Operations Michael Hollis, VP Drilling Randall Holder, VP & Gen Counsel www.diamondbackenergy.com EPG Commentary by Dan Steffens
More informationMLP Investor Conference
MLP Investor Conference Randall H. Breitenbach Co-Founder & Co-CEO Greenwich, CT September 2009 Forward-Looking Statements Cautionary Statement Relevant to Forward-Looking Information This presentation
More informationJefferies 2012 Global Energy Conference
Jefferies 2012 Global Energy Conference November 29, 2012 Forward Looking Statement The material included herein which is not historical fact constitutes forward-looking statements within the meaning of
More informationDahlman Rose Oil Service and Drilling Conference. Wednesday, November 30, :50 a.m.
Dahlman Rose Oil Service and Drilling Conference Wednesday, November 30, 2011 10:50 a.m. Overview of Operations Tulsa based company founded in 1963 with long history of operations in the Mid-Continent
More informationHoward Weil Energy Conference
Howard Weil Energy Conference Brent Smolik Chairman, President and Chief Executive Officer EP Energy Corporation March 26, 2014 Forward Looking Statements This March 26, 2014 presentation includes certain
More informationW&T Offshore, Inc. Lehman Brothers CEO Energy/Power Conference New York, New York September 6, 2006
W&T Offshore, Inc. Lehman Brothers CEO Energy/Power Conference New York, New York September 6, 2006 Forward-Looking Statement Disclosure This presentation, contains forward-looking statements within the
More information4Q Quarterly Update. February 19, 2019
4Q 2018 Quarterly Update February 19, 2019 Forward-Looking Statements and Other Disclaimers The foregoing contains forward-looking statements within the meaning of Section 27A of the Securities Act of
More informationThis presentation includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the
NYSE:CRK June 2018 This presentation includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking
More informationHEADLINES SANDRIDGE ENERGY, INC. UPDATES SHAREHOLDERS ON OPERATIONS AND REPORTS FINANCIAL RESULTS FOR FOURTH QUARTER AND FULL YEAR OF 2014
SANDRIDGE ENERGY, INC. UPDATES SHAREHOLDERS ON OPERATIONS AND REPORTS FINANCIAL RESULTS FOR FOURTH QUARTER AND FULL YEAR OF 2014 Oklahoma City, Oklahoma, February 26, 2015 SandRidge Energy, Inc. (NYSE:
More informationIPAA Oil & Gas Investment Symposia April 3, Creating Value in the Gulf of Mexico
IPAA Oil & Gas Investment Symposia April 3, 2017 Creating Value in the Gulf of Mexico Forward-Looking Statement Disclosure This presentation, contains forward-looking statements within the meaning of the
More informationUNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C FORM 8-K
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event
More informationFOR IMMEDIATE RELEASE PLEASE CONTACT: Paul F. Blanchard Jr Website: Aug. 6, 2018
FOR IMMEDIATE RELEASE PLEASE CONTACT: Paul F. Blanchard Jr. 405.948.1560 Website: www.panhandleoilandgas.com Aug. 6, 2018 PANHANDLE OIL AND GAS INC. REPORTS FISCAL THIRD QUARTER 2018 AND NINE MONTHS RESULTS
More informationFirst Quarter 2011 Investor Update
First Quarter 2011 Investor Update FINANCIAL & OPERATING RESULTS MAY 4, 2011 Forward-looking statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities
More informationInvestor Presentation J.P. Morgan Global High Yield and Leveraged Finance Conference FEBRUARY 2016
Investor Presentation J.P. Morgan Global High Yield and Leveraged Finance Conference FEBRUARY 2016 Forward-Looking Statements and Other Disclaimers This presentation contains forward-looking statements
More informationMidstates Petroleum to Acquire Mississippian Lime Properties in Oklahoma and Kansas
NEWS RELEASE Midstates Petroleum to Acquire Mississippian Lime Properties in Oklahoma and Kansas Midstates Petroleum Reports Second Quarter 2012 Financial and Operating Results HOUSTON--(BUSINESS WIRE)--Aug.
More informationTested. Proven. Moving Forward. EnerCom s London Oil & Gas Conference London, England June 18, 2009
Harvest Natural Resources, Inc. Tested. Proven. Moving Forward EnerCom s London Oil & Gas Conference London, England June 18, 2009 1 Forward-Looking Statements Cautionary Statements to Shareholders: Certain
More informationREDEFINED BUILDING VALUE IN UNCONVENTIONAL RESOURCES
Jefferies 2012 Global Energy Conference Rosetta Resources Inc. John D. Clayton Senior Vice President, Asset Development November 28, 2012 REDEFINED BUILDING VALUE IN UNCONVENTIONAL RESOURCES Forward-Looking
More informationAbraxas Petroleum. Corporate Update. April Raven Rig #1; McKenzie County, ND
Abraxas Petroleum Corporate Update April 2018 Raven Rig #1; McKenzie County, ND Forward Looking Statements The information presented herein may contain predictions,estimates and other forward looking statements
More informationCiti MLP / Midstream Infrastructure Conference
Citi MLP / Midstream Infrastructure Conference August 20-21, 2014 John A. Weinzierl Chairman and CEO Robert L. Stillwell, Jr. Vice President, Finance www.memorialpp.com Forward-Looking & Other Cautionary
More informationCompany Overview December 2012
Company Overview December 2012 1 Large, Diverse E&P Base Operational Snapshot Significant Existing Resources Headquarters: Tulsa, OK Total net acres: ~2.94 million Total net risked resource potential:
More informationFORWARD-LOOKING STATEMENTS
FORWARD-LOOKING STATEMENTS Certain statements in this presentation contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities
More informationEvolution Petroleum Corporation Corporate Presentation August 2017 Corporate Presentation August 2017
Evolution Petroleum Corporation Corporate Presentation August 2017 Corporate Presentation August 2017 1 Forward Looking Statements This presentation contains forward-looking statements. Such statements
More informationInvestor Presentation HOWARD WEIL ENERGY CONFERENCE MARCH 2015
Investor Presentation HOWARD WEIL ENERGY CONFERENCE MARCH 2015 Forward-Looking Statements and Other Disclaimers This presentation contains forward-looking statements within the meaning of Section 27A of
More informationENERGY + TECHNOLOGY = GROWTH A STRONGER COMPANY
Whiting Petroleum Corporation ENERGY + TECHNOLOGY = GROWTH A STRONGER COMPANY SET TO PROSPER AT CURRENT PRICES PESA Annual Meeting April 23, 2015 Forward-Looking Statements, Non-GAAP Measures, Reserve
More informationPanhandle Oil and Gas Inc. - PHX
PHX LISTED NYSE 1 Panhandle Oil and Gas Inc. - PHX FORWARD-LOOKING STATEMENTS AND RISK FACTORS This presentation contains projections and other forward-looking statements within the meaning of Section
More informationLouisiana New Orleans
Louisiana New Orleans Jefferies 2012 Global Energy Conference November 2012 Forward Looking Statements This presentation may contain forward-looking information and statements regarding EPL. Any statements
More informationATP Oil & Gas Corporation
ATP Oil & Gas Corporation Enercom Investor Presentation Denver Colorado August 7-11, 2005 Gerald W. Schlief, Senior Vice President Albert L. Reese Jr., Chief Financial Officer Brian C. Nelson, Director
More information3Q 2017 Investor Update. Rick Muncrief, Chairman and CEO Nov. 2, 2017
3Q 2017 Investor Update Rick Muncrief, Chairman and CEO Nov. 2, 2017 Recent Highlights Raising 2017 oil growth guidance from 40% to 45% year-over-year Current oil production averaging 75,000 BBL/D Increasing
More informationFOR IMMEDIATE RELEASE PLEASE CONTACT: Michael C. Coffman Website: Dec. 12, 2016
FOR IMMEDIATE RELEASE PLEASE CONTACT: Michael C. Coffman 405.948.1560 Website: www.panhandleoilandgas.com Dec. 12, 2016 PANHANDLE OIL AND GAS INC. REPORTS FOURTH QUARTER AND FISCAL 2016 FINANCIAL RESULTS
More informationHEADLINES SANDRIDGE ENERGY, INC. UPDATES SHAREHOLDERS ON OPERATIONS AND REPORTS FINANCIAL RESULTS FOR THIRD QUARTER AND FIRST NINE MONTHS OF 2015
SANDRIDGE ENERGY, INC. UPDATES SHAREHOLDERS ON OPERATIONS AND REPORTS FINANCIAL RESULTS FOR THIRD QUARTER AND FIRST NINE MONTHS OF 2015 Oklahoma City, Oklahoma, November 4, 2015 SandRidge Energy, Inc.
More informationCompany Overview. March 2012
Company Overview March 2012 Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities
More informationENERCOM S LONDON OIL & GAS CONFERENCE
OIL GROWTH VALUE ENERCOM S LONDON OIL & GAS CONFERENCE June 2013 Forward Looking Statements This presentation may contain forward-looking information and statements regarding EPL. Any statements included
More informationPanhandle Oil and Gas Inc.
PHX LISTED NYSE Panhandle Oil and Gas Inc. FORWARD-LOOKING STATEMENTS AND RISK FACTORS This presentation contains projections and other forward-looking statements within the meaning of Section 27A of the
More informationOne Step Ahead of The Drill Bit
One Ahead of The Drill Bit April 2014 NYSE MKT: NOG Statements made by representatives of Northern Oil and Gas, Inc. ( Northern or the Company ) during the course of this presentation that are not historical
More informationBAML Energy Credit Conference New York
BAML Energy Credit Conference New York John A. Weinzierl CEO June 7-8, 2016 Robert L. Stillwell, Jr. CFO www.memorialpp.com Forward-Looking & Other Cautionary Statements This presentation and the oral
More informationEnerCom s London Oil & Gas Conference. June 11, 2013
EnerCom s London Oil & Gas Conference June 11, 2013 Overview of Operations 16 Bakken Tulsa based diversified energy company incorporated in 1963 Integrated approach to business allows Unit to balance its
More informationStrategic Growth. Strategic Growth. Jefferies Energy Conference. Houston, TX. November 2014
1 Jefferies Energy Conference Houston, TX. November 2014 2 Disclosure Forward-Looking Statements Certain statements in this press release are forward-looking and are based upon Stone s current belief as
More informationFirst Quarter 2018 Supplemental Presentation
First Quarter 2018 Supplemental Presentation Forward-Looking Statements and Risk Factors Statements made in this presentation that are not historical facts are forward-looking statements. These statements
More informationEnerCom- The Oil & Gas Conference
EnerCom- The Oil & Gas Conference Clay Gaspar, Chief Operating Officer August 16, 2016 WPX Highlights 2Q ACTION ITEMS COMPLETED $538MM EQUITY OFFERING WILLISTON BASIN ACQUIRED 7,800 NET ACRES IN DELAWARE
More informationThe PUF Lands: A Microcosm of the Permian?
The PUF Lands: A Microcosm of the Permian? Mark Houser, CEO August 10, 2017 TIPRO Summer Conference Hyatt Hill Country Overview: The PUF Lands 2 UL manages surface and mineral rights of 2.1 million acres
More informationSOUTHWESTERN ENERGY ANNOUNCES 2015 FINANCIAL AND OPERATING RESULTS
NEWS RELEASE SOUTHWESTERN ENERGY ANNOUNCES 2015 FINANCIAL AND OPERATING RESULTS Houston, Texas February 25, 2016...Southwestern Energy Company (NYSE: SWN) today announced its financial and operating results
More informationHEADLINES. Reported Adjusted Loss of $.09 per Diluted Share and Adjusted EBITDA of $67 Million for the Fourth Quarter of 2015
SANDRIDGE ENERGY, INC. UPDATES SHAREHOLDERS ON OPERATIONS AND REPORTS FINANCIAL RESULTS FOR FOURTH QUARTER AND FISCAL YEAR 2015 Oklahoma City, Oklahoma, March 29, 2016 SandRidge Energy, Inc. (OTC PINK:
More informationFOR IMMEDIATE RELEASE PLEASE CONTACT: Michael C. Coffman Website: Dec. 11, 2012
FOR IMMEDIATE RELEASE PLEASE CONTACT: Michael C. Coffman 405.948.1560 Website: www.panhandleoilandgas.com Dec. 11, 2012 PANHANDLE OIL AND GAS INC. REPORTS FOURTH QUARTER AND FISCAL 2012 RESULTS Records
More information3Q Quarterly Update. October 30, 2018
3Q 2018 Quarterly Update October 30, 2018 Forward-Looking Statements and Other Disclaimers Forward-Looking Statements and Cautionary Statements The foregoing contains forward-looking statements within
More informationInvestor Presentation. July 2017
Investor Presentation July 2017 Forward Looking Statements & Non GAAP Financial Measures This presentation includes forward looking statements within the meaning of Section 27A of the Securities Act of
More informationJohnson Rice Energy Conference October 2013
Johnson Rice Energy Conference October 2013 2 Noble Energy Differential company with differential results 3 2013 Highlights and Messages Strong operational momentum Delivering Robust Production Growth
More informationDisclaimer Regarding Forward Looking Statements:
Disclaimer Regarding Forward Looking Statements: This presentation includes statements that contain forward looking information ( forward-looking statements ) in respect of Eagle Energy Trust s expectations
More informationPlatts North American Crude Marketing Conference February 28, 2013
Platts North American Crude Marketing Conference February 28, 2013 Forward Looking Statements, Non-GAAP Measures, Reserve and Resource Information This presentation includes forward-looking statements
More informationInvestor Presentation
12/10/14 Investor Presentation Capital One Energy Conference December 10-11, 2014 NASDAQ: EXXI AIM: EXXI www.energyxxi.com Forward-Looking Statements This presentation contains statements about future
More informationAbraxas Petroleum. Corporate Update. March Raven Rig #1; McKenzie County, ND
Abraxas Petroleum Corporate Update March 2018 Raven Rig #1; McKenzie County, ND Forward Looking Statements The information presented herein may contain predictions,estimates and other forward looking statements
More informationQ E a r n i n g s. M a y 3, 2018
Q 1 2 0 1 8 E a r n i n g s M a y 3, 2018 FORWARD-LOOKING STATEMENTS Except for historical information contained herein, the statements in this presentation are forward-looking statements that are made
More information2007 Credit Suisse Energy Summit. February 5 9, 2007
2007 Credit Suisse Energy Summit February 5 9, 2007 Noble Energy Well Positioned For The Current Environment High Production Growth From Organic Projects Exploration Directed Towards Significant Resources
More information1.0 Bcfe/d. 3.1 Tcfe
1 The Oil & Gas Conference Denver August 17 20, 2015 Forward looking Statements This presentation contains projections and other forward looking statements within the meaning of Section 27A of the U.S.
More informationInvestor. Presentation. June 2018
Investor Presentation June 2018 Forward-Looking Statements & Non-GAAP Financial Measures This presentation includes forward looking statements within the meaning of Section 27A of the Securities Act of
More informationConcho Resources Inc. Reports Fourth-Quarter and Full-Year 2018 Results; Updates 2019 Outlook
Press Release Reports Fourth-Quarter and Full-Year 2018 Results; Updates 2019 Outlook Delivers Strong 2018 Results from Large-Scale Development Efficiencies Provides Updated 2019 Outlook Reinforcing Focus
More informationCONSOL Energy Inc. EnerCom s The Oil & Gas Conference
CONSOL Energy Inc. EnerCom s The Oil & Gas Conference Cautionary Language This presentation contains statements, estimates and projections which are forward-looking statements (as defined in Section 21E
More informationInvestor Presentation November 5, 2014
Investor Presentation November 5, 2014 FORWARD-LOOKING STATEMENTS This presentation includes "forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E
More information11 Investor Relations
Fourth Quarter 2017 Table of Contents: Segment Income Summary 2 Zach Dailey 713/296-4140 Statements of Income zbdailey@marathonoil.com Balance Sheets 4 Statements of Cash Flows 5 John Reid 713/296-4380
More informationCLAYTON WILLIAMS ENERGY, INC. IPAA OGIS New York Conference April 20, 2009
CLAYTON WILLIAMS ENERGY, INC. IPAA OGIS New York Conference April 20, 2009 1 Regulatory Statements This presentation includes forward-looking statements within the meaning of section 27A of the Securities
More informationSOUTHWESTERN ENERGY ANNOUNCES CAPITAL PROGRAM AND PROVIDES GUIDANCE FOR 2003
2350 N. Sam Houston Parkway East Suite 300 Houston, Texas 77032 (281) 618-4700 Fax: (281) 618-4820 NEWS RELEASE SOUTHWESTERN ENERGY ANNOUNCES CAPITAL PROGRAM AND PROVIDES GUIDANCE FOR 2003 2003 Capital
More informationHarrison and Panola. EnerCom Oil & Gas Conference Denver, CO August 22-26, 2010
Harrison and Panola EnerCom Oil & Gas Conference Denver, CO August 22-26, 2010 Company Overview H/B & CVS Inventory Operates 85% of 42,400 net Haynesville/Bossier H/B acres 273 additional net potential
More informationDelaware Basin Panther Energy Acquisition. January 12, 2017
Delaware Basin Panther Energy Acquisition January 12, 2017 Expanding WPX s World-Class Delaware Position OVERVIEW 18,000+ acres in core of Delaware EDDY 920 gross locations, including 150+ long lateral
More informationTuesday, August 7,
NEWS ENERGEN CORPORATION 605 Richard Arrington Jr. Blvd. N. Birmingham, AL 35203-2707 For Release: 6:00 a.m. ET Contacts: Julie S. Ryland Tuesday, August 7, 2018 205.326.8421 ENERGEN PRODUCTION IN 2Q18
More informationJP Morgan High Yield and Leveraged Finance Conference
JP Morgan High Yield and Leveraged Finance Conference February 2, 2009 Disclosure This presentation includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and
More informationPlatt s NGL Forum NGL Supply Outlook
Platt s NGL Forum NGL Supply Outlook September 26, 2011 Anne B. Keller Midstream Energy Group, Inc. abk@midstreamenergygroup.com NGL Supply Update Updated Map N American Shales Plenty of opportunity to
More informationEnergize 2007 New Year, New Realities January 8-12 San Francisco
Energize 007 New Year, New Realities January 8- San Francisco The information presented herein may contain predictions, estimates and other forward-looking statements within the meaning of Section A of
More informationNEWS ANADARKO TO ACQUIRE KERR-MCGEE CORPORATION & WESTERN GAS RESOURCES, INC.
NEWS ANADARKO TO ACQUIRE KERR-MCGEE CORPORATION & WESTERN GAS RESOURCES, INC. IN SEPARATE TRANSACTIONS TOTALING $23.3 BILLION DEALS CREATE LEADING POSITIONS IN TWO OF NORTH AMERICA S MOST PROLIFIC PRODUCING
More informationQuestar Corporation A NATURAL GAS-FOCUSED ENERGY COMPANY. A.G. Edwards Energy Conference. Charles B. Stanley Executive Vice President
Questar Corporation A NATURAL GAS-FOCUSED ENERGY COMPANY A.G. Edwards Energy Conference Charles B. Stanley Executive Vice President March 20, 2007 The Langham Hotel Boston, MA Questar offers a lower-risk
More informationCorporate Presentation February 12, 2014 F L O R I D A
Nasdaq: USEG www.usnrg.com Corporate Presentation February 12, 2014 F L O R I D A Safe Harbor Disclosure Please carefully read the following disclaimer: The information discussed in this Presentation includes
More informationNEWS ANADARKO ANNOUNCES 2011 CAPITAL PROGRAM AND GUIDANCE, AND REAFFIRMS FIVE-YEAR PLAN
NEWS ANADARKO ANNOUNCES 2011 CAPITAL PROGRAM AND GUIDANCE, AND REAFFIRMS FIVE-YEAR PLAN HOUSTON, Feb. 24, 2011 Anadarko Petroleum Corporation (NYSE: APC) today announced its 2011 capital program and guidance,
More informationPETSEC ENERGY. An Exploration and Production Company. USA and CHINA. Asia Upstream Conference - Singapore February 2008
PETSEC ENERGY An Exploration and Production Company USA and CHINA Asia Upstream Conference - Singapore February 2008 1 Forward Statement Disclaimer The information presented herein contains predictions,
More informationCapital One Securities, Inc. Energy Conference. December 11, 2013
Capital One Securities, Inc. Energy Conference December 11, 2013 Forward-Looking Statement This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act
More information