EV Energy Partners, L.P. Wells Fargo Energy Symposium
|
|
- Primrose Booker
- 5 years ago
- Views:
Transcription
1 EV Energy Partners, L.P. Wells Fargo Energy Symposium December 9-10, 2014
2 Forward-Looking Statement Statements made in this presentation that are not historical facts are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of These statements include information about the sale of our Utica Shale and Eagle Ford assets, our midstream investments and expansion plans, future plans, our reserve quantities and the present value of our reserves, estimates of maintenance capital and other statements which include words such as anticipates, plans, projects, expects, intends, believes, should, and similar expressions of forward-looking information. Forward-looking statements are inherently uncertain and necessarily involve risks that may affect the business prospects and performance of EV Energy Partners, L.P. Actual results may differ materially from those discussed in this presentation. Such risks and uncertainties include, but are not limited to, changes in commodity prices, changes in reserve estimates, requirements and actions of purchasers of properties (including the Utica Shale and Eagle Ford assets), changes in the metrics and procedures used to value midstream assets, exploration and development activities in the Utica Shale and elsewhere, the availability and cost of financing, the returns on our capital investments and acquisition strategies, the availability of sufficient cash flow to pay distributions and execute our business plan and general economic conditions. Additional information on risks and uncertainties that could affect our business prospects and performance are provided in the most recent reports of EV Energy Partners with the Securities and Exchange Commission. All forward-looking statements included in this presentation are expressly qualified in their entirety by the foregoing cautionary statements. Any forward-looking statement speaks only as of the date on which such statement is made and EVEP undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise. 2
3 EVEP Overview Upstream MLP created in September 2006 Experienced General Partner (GP) Ownership EnerVest & Management (76.25%) EnerVest established in 1992 EnCap (23.75%) EnCap established in million outstanding units EVEP management and Board own ~ 9% $2.4 billion enterprise value Current yield of 12.1% Note: Current yield based on $0.774/unit 3Q14 distribution paid on November 14, Unit price as of December 5, Bank Debt at September 30,
4 Why Invest in EVEP? Solid, long-lived asset base Significant Utica Shale midstream and acreage upside High quality potential upside in other plays Hedging strategy reduces cash flow volatility Strong long-term performance and growth Synergistic relationship with EnerVest 4
5 A Unique Portfolio of Opportunities Utica Shale opportunities maturing Midstream ramp-up and increase in EBITDAX Midstream expansion increases wet gas window productivity Opportunistic acreage sales Increased volatile oil window drilling Ongoing organic drilling program Principally Barnett Shale and Austin Chalk Expect additional Eagle Ford Shale acreage monetizations Clinton oil and Mancos/Gallup horizontal drilling opportunities developing Recent asset sales at attractive values with combined proceeds of $192 million Cardinal Gas Services gathering business: $161 million Eagle Ford Shale rights in certain counties: $31 million Looking to redeploy proceeds in high PDP, long-lived assets Focus on restoring 1.0x distribution coverage 5
6 Relationship with EnerVest EnerVest Private Equity Funds Proved Reserves: 4.6 Tcfe (1) Daily Production: Over 675 Mmcfe (2) Advantages for EVEP Dropdown capability Along-side acquisitions Asset concentration EnerVest P.E. Funds EV Energy Partners (1) Estimated mid-year SEC proved reserves; includes Highmount acquisition and excludes Bakken divestiture. (2) Current daily production 6
7 Long-lived, Diverse Asset Base Total Proved Reserves: 1,192 Bcfe (1) Percent Developed: 68% Percent Gas: 69% 2013 Avg. Production: 169 Mmcfe/d Reserve-Life Index: 19 years Michigan Proved Reserves: 40.7 Bcfe 2013 Production: 6.2 Mmcfe/d San Juan Basin Proved Reserves: 50.1 Bcfe 2013 Production: 8.0 Mmcfe/d Mancos Shale Permian Basin Proved Reserves: 34.4 Bcfe 2013 Production: 5.6 Mmcfe/d Mid-Continent Proved Reserves: 65.4 Bcfe 2013 Production: 22.2 Mmcfe/d Utica Shale Appalachian Basin Proved Reserves: Bcfe 2013 Production: 24.8 Mmcfe/d Monroe Field Proved Reserves: 56.2 Bcfe 2013 Production: 6.9 Mmcfe/d Barnett Shale Proved Reserves: Bcfe 2013 Production: 80.9 Mmcfe/d Eagle Ford Shale Central and East Texas Proved Reserves: 52.2 Bcfe 2013 Production: 14.3 Mmcfe/d (1) Year-end 2013 SEC proved reserves 7
8 2013 Proved Reserves 2013 SEC Proved Reserves: 1,192 Bcfe Reported Price Neutral (1) Includes Acquisitions Reserves Replacement Ratio 565% 268% Reserves Replacement Cost (per Mcfe) $0.48 $1.01 Excludes Acquisitions Reserves Replacement Ratio 456% 156% Reserves Replacement Cost (per Mcfe) $0.36 $1.06 (1) Does not include reserves added as a result of SEC price revisions 8
9 ($ Millions) 2014 Capital Spending Exploration & Production Capital $95 - $115 Million CapEx Guidance (Midpoint) Midstream Exploration & Production Note: Does not include incremental capital for recently announced UEO expansion 9
10 Barnett Shale (EVEP 31% Ownership) Top 5 producer with EnerVest institutional funds EVEP production: ~ 89 MMcfe/d Three rig program in 2H 2014 Avg. 5-6 well pad sites Increasing lateral lengths Drilled 19 wells in 3Q Brought 13 wells online in 3Q Expecting 80 wells drilled in 2014 EVEP Acreage Dry Gas Wet Gas Oil 10
11 Austin Chalk (EVEP ~ 14% Ownership) EV Chalk Acreage EV Chalk Wells D Zone well D Zone well A Zone well Along with EnerVest Largest Chalk producer 800,000 acres HBP Horizontal Chalk drilling Ongoing 1 rig program Recent A Zone well IP 900 Boe/d Offset wells identified Recent D Zone wells Combined IP on latest two wells 1,200 Boe/d Eagle Ford Shale upside 11
12 Eagle Ford Update 28 rigs running in area 7 in Lee and Fayette Counties Eagle Ford Wells Permitted Completed Sold Burleson, Brazos and Grimes Counties Eagle Ford formation rights to an undisclosed buyer $30.6MM net proceeds EVEP retains Eagle Ford rights in Fayette, Lee and Washington Counties ~14,000 net acres Venado Oil and Gas Leona Luecke Choked Back IP (514 Oil, 201 Gas) Venado Oil and Gas Faske-Bimbaum #2 HR Choked Back IP (481 Oil, 187 Gas) EnerVest Unger 1EF well EVEP Remaining Eagle Ford Rights Unger 1EF well (Lee Co.) drilled and completed by EnerVest Early results encouraging Drilling offsets Apache Corp. Fenn Ranch well Apache Corp. Lawnmower wells (3) 12
13 San Juan Basin Mancos Shale EVEP Acreage EnerVest Acreage Encana Wells WPX Wells Jicarilla Apache Nation Over 20,000 EVEP net acres may be prospective for Mancos/Gallup Shale Both oil and wet gas windows Nearby 2014 activity announced by other operators Over $500 million in capital Over 70 wells 700+ well inventory Current joint venture partner search 13
14 Clinton Horizontal Opportunity History of East Canton Oil Field 4,000 wells drilled since 1947 Est. 1.5 billion barrels oil in place in Clinton reservoir 7% recovered to date Drilling test results compelling 5 of 6 drilled wells turned in line Est. EUR s of MBoe Est. 20% returns at $80 oil 70 drilling locations identified EVEP WI of 46% ~30,000 net acres held by production by EVEP EVEP Acreage Recent EV Wells 14
15 Drilling in the Utica Shale 95% of wells in the Utica have been drilled in the Wet Gas & Dry Gas Windows Black Oil Wells 7 Drilled 3 Producing 10 Total Wells Black Black Oil Volatile Oil Oil Volatile Oil Wet Gas Wet Gas Dry Gas Dry Gas EVEP WI Acreage CHK/Total/EV JV Wet Gas Wells 420 Drilled 543 Producing Total Wells Volatile Oil Wells: 27 Drilled 23 Producing 50 Total Wells Total Utica Wells: 576 Drilled * 614 Producing 1,190 Total Wells Dry Gas Wells 122 Drilled 45 Producing Total Wells Currently 39 active horizontal rigs in Utica (2 in Western PA) * Drilled includes all wells currently drilling, waiting on completion, or completed and waiting on pipeline Source: Ohio Department of Natural Resources (ODNR) as of 9/30/
16 Utica Shale Activity Update Increase in volatile oil window drilling CHK operated Parker well (superfrac) completed in oil window Best volatile oil window well EV has participated in to date All partners encouraged by results CHK planning 3-5 additional volatile oil window test wells in next 6 months EVEP/EnerVest current drilling in Tuscarawas County Increase in wet gas window productivity and production in 2014 Should help clarify type curves and potentially enhance technical understanding EVEP/EnerVest continues to drill with CHK JV and other operators Position in wet gas window becoming more traditional producing asset Midstream constraints being addressed 16
17 EVEP Utica Shale Position Acreage position 173,000 net working interest acres Overriding royalty interests 880,000 gross acres EVEP/EnerVest participation in CHK/Total/EV joint venture Mostly wet gas window to date Over 500 wells drilled Expanding oil window activity Meaningful expansion of activity outside of JV Planning to market certain acreage in 2015 Black Oil Black Oil Volatile Oil Volatile Oil Wet Gas Wet Gas Dry Gas Dry Gas EVEP WI Acreage CHK/Total/EV JV CHK/EV/TOT Joint Venture Chevron Drilled EnerVest Nettle 3H - Drilled Carrizo Brown 1H - Drilling Equitable Clark Pad - Producing PDC Energy Grove Pad - Permitted PDC Energy Garvin Pad - Producing Stewart Winland Triad Hunter - Producing EnerVest Lennington 1H - Producing Hilcorp Completing Chevron Kinsey Pad - Producing Chevron Gooding Pad - Permitted Chesapeake Parker - Producing Rex Carroll Co. - Drilling Chevron E Clark South Pad - Permitted 17
18 Utica East Ohio (EVEP 21% Ownership) Gather, process and fractionate wet gas from CHK/Total/EV JV production 800 MMcf/d of processing at Kensington and Leesville 600 MMcf/d in service 200 MMcf/d currently starting up 135 MBbl/d of fractionation 90 MBbl/d in service 45 MBbl/d currently starting up Onsite working storage of ~ 870 MBbls of purity components ~ 1 million dedicated working interest acres Upside potential as development drilling expands 18
19 Processing (Mmcf/d) UEO Midstream - Significant Utica Growth Current processing level over 650 MMcf/d Fractionation (Mbbl/d) Nameplate Processing Capacity Actual Processing Capacity Fractionation Processing Level 19
20 UEO Expansion Base Proc & Frac AMI Expansion Proc & Frac AMI AEP - Utica AMI Additional acreage commitment from CHK JV (CHK/Total/EV) American Energy Partners Utica acreage commitment 145,000 acre area of mutual interest (AMI) Expansion plans Additional 200 MMcf/d processing train at Leesville facility Extension of high pressure pipeline from Harrison Hub to Cardinal compression facility Downstream liquids interconnect and expanded propane and butane storage at Harrison Hub Provide gathering, compression and dehydration services to American Energy Partners Utica 20
21 Capital Structure ($ millions) Bank 9/30 * $ 652 Senior Notes Due 2019 $ 500 Equity Market Capitalization $ 1,264 Enterprise Value $ 2,416 Note: Equity market capitalization based on unit price at December 5, Bank debt at September 30, * Prior to closing and collection of proceeds of ~$192MM from Cardinal Gas Services and Eagle Ford formation rights sales. 21
22 Commodity Hedging Gas Volume Hedged (MMcf/d) Oil Volume Hedged (Bbl/d) 120, ,000 80,000 60,000 40,000 20,000 0 $4.46 $ $ Q ,000 4,000 3,000 2,000 1,000 0 $93.73 $ ,100 3,500 $ ,000 4Q
23 Strategy Going Forward Continue to manage and enhance base business Planning to monetize UEO in 2015 Throughput and EBITDA will continue to grow Further realize value of Utica acreage Pursuing acquisition opportunities to redeploy recent asset sale proceeds Focus in existing high PDP areas Future undeveloped acreage sale opportunities Eagle Ford formation rights Mancos/Gallup 23
24 EV Energy Partners, L.P. Wells Fargo Energy Symposium December 9-10, 2014
2015 NAPTP MLP Investor Conference. May 21, 2015
2015 NAPTP MLP Investor Conference May 21, 2015 Forward-Looking Statement Statements made in this presentation that are not historical facts are forward-looking statements within the meaning of the U.S.
More informationCredit Suisse 3 rd Annual MLP & Energy Logistics Conference June 23, 2015
Credit Suisse 3 rd Annual MLP & Energy Logistics Conference June 23, 2015 Forward-Looking Statement Statements made in this presentation that are not historical facts are forward-looking statements within
More informationCiti 2014 MLP/Midstream Infrastructure Conference. August 20-21, 2014
Citi 2014 MLP/Midstream Infrastructure Conference August 20-21, 2014 Forward-Looking Statement Statements made in this presentation that are not historical facts are forward-looking statements within the
More informationGHS 100 Energy Conference. June 24, 2014
GHS 100 Energy Conference June 24, 2014 Forward-Looking Statement Statements made in this presentation that are not historical facts are forward-looking statements within the meaning of the U.S. Private
More informationEV Energy Partners, L.P RBC Capital Markets' MLP Conference. November 18, 2015
EV Energy Partners, L.P. 2015 RBC Capital Markets' MLP Conference November 18, 2015 Forward-Looking Statement Statements made in this presentation that are not historical facts are forward-looking statements
More informationEV Energy Partners, L.P J.P. Morgan Global High Yield and Leveraged Finance Conference
EV Energy Partners, L.P. 2016 J.P. Morgan Global High Yield and Leveraged Finance Conference March 1, 2016 Forward-Looking Statement Statements made in this presentation that are not historical facts are
More informationEV Energy Partners, L.P. Citi MLP/Midstream Infrastructure Conference
EV Energy Partners, L.P. Citi MLP/Midstream Infrastructure Conference August 17, 2016 Forward-Looking Statement Statements made in this presentation that are not historical facts are forward-looking statements
More informationNAPTP MLP Investor Conference. May 23, 2013
NAPTP MLP Investor Conference May 23, 2013 Forward-Looking Statement Statements made in this presentation that are not historical facts are forward-looking statements within the meaning of the U.S. Private
More information2012 Wells Fargo Securities Research & Economics 11 th Annual Pipeline, MLP & Energy Symposium. December 4, 2012
2012 Wells Fargo Securities Research & Economics 11 th Annual Pipeline, MLP & Energy Symposium December 4, 2012 Risks and Forward-Looking Statements This presentation includes forward-looking statements
More informationEV Energy Partners (EVEP) Supporting Materials for March 1, 2013 Conference Call
EV Energy Partners (EVEP) Supporting Materials for March 1, 2013 Conference Call Forward-Looking Statement Statements made in this presentation and during the course of this call that are not historical
More informationCHESAPEAKE MIDSTREAM DEVELOPMENT ACQUISITION DECEMBER 11, 2012
CHESAPEAKE MIDSTREAM DEVELOPMENT ACQUISITION DECEMBER 11, 2012 TRANSACTION OVERVIEW ACMP Acquisition of CHK Midstream Assets (CMD) ACMP to acquire a substantial majority of Chesapeake Energy s remaining
More informationJ. Russell Porter Chief Executive Officer
J. Russell Porter Chief Executive Officer November 2012 E X P A N D I N G O U R H O R I Z O N S Cautionary Statement CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION FOR THE PURPOSE OF SAFE
More informationFebruary 5, 2013 Cleveland, Ohio
February 5, 2013 Cleveland, Ohio Momentum s Appalachian Assets 1 Utica Shale Joint Venture UEO Buckeye UEO Buckeye is a midstream JV in the Utica developed in conjunction with Chesapeake / Access and EVEP
More informationEnerVest: From the Barnett Shale to the Utica Shale and Points Between. John B. Walker
EnerVest: From the Barnett Shale to the Utica Shale and Points Between John B. Walker EnerVest Assets Under Management (as of December 2011) 20,000 wells in 12 states $6.2 Billion asset value 4.5 TCFE
More informationHarvest Oil & Gas Announces Second Quarter 2018 Results and Divestitures of Central Texas and Karnes County Properties
Harvest Oil & Gas Announces Second Quarter 2018 Results and Divestitures of Central Texas and Karnes County Properties HOUSTON, August 21, 2018 (Globe Newswire) -- Harvest Oil & Gas Corp. ( Harvest or
More informationFirst Quarter 2017 Earnings Call Presentation May 9, 2017
First Quarter 2017 Earnings Call Presentation May 9, 2017 FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements. All statements, other than statements of historical facts, included
More informationAntero Resources Reports First Quarter 2013 Results
Antero Resources Reports First Quarter 2013 Results DENVER, May 13, 2013 /PRNewswire/ -- Highlights: Net daily production averaged 383 MMcfe/d, up 114% over first quarter 2012 production from continuing
More informationRice Midstream Partners First Quarter 2016 Supplemental Slides May 4,
Rice Midstream Partners First Quarter 2016 Supplemental Slides May 4, 2016 1 www.ricemidstream.com RMP: High Growth MLP in Prolific Appalachian Basin TOP-TIER GROWTH DRIVEN BY ACTIVE CUSTOMERS Strategically
More informationEQT REPORTS SECOND QUARTER 2014 EARNINGS
EQT REPORTS SECOND QUARTER 2014 EARNINGS Reiterates full-year production volume guidance PITTSBURGH, PA (July 24, 2014) -- EQT Corporation (NYSE: EQT) today announced second quarter 2014 net income attributable
More informationAntero Resources Reports Second Quarter 2017 Financial and Operational Results and Increases 2017 Production Guidance
NEWS RELEASE Antero Resources Reports Second Quarter 2017 Financial and Operational Results and Increases 2017 Production Guidance 8/2/2017 DENVER, Aug. 2, 2017 /PRNewswire/ -- Antero Resources Corporation
More informationCredit Suisse Energy Summit. February 6, 2013 NASDAQ: PDCE
Credit Suisse Energy Summit February 6, 2013 NASDAQ: PDCE Disclaimer The following information contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of
More informationAnalyst Presentation. October 24, 2013
Analyst Presentation October 24, 2013 EQT Cautionary Statements EQT Corporation (NYSE: EQT) EQT Plaza 625 Liberty Avenue, Suite 1700 Pittsburgh, PA 15222 Pat Kane - Chief Investor Relations Officer (412)
More informationAntero Resources Reports Second Quarter 2013 Financial Results, Utica First Production and Well Rates
Antero Resources Reports Second Quarter 2013 Financial Results, Utica First Production and Well Rates Highlights: Net daily production averaged 458 MMcfe/d, up 115% over second quarter 2012 production
More informationCARRIZO OIL & GAS, INC.
News PRESS RELEASE Contact: Jeffrey P. Hayden, CFA, VP - Investor Relations (713) 328-1044 David L. Pitts, Chief Financial Officer (713) 328-1000 CARRIZO OIL & GAS, INC. ANNOUNCES STRONG FOURTH QUARTER
More informationAntero Resources Reports First Quarter 2018 Financial and Operating Results
Antero Resources Reports First Quarter 2018 Financial and Operating Results Denver, Colorado, April 25, 2018 Antero Resources Corporation (NYSE: AR) ( Antero or the Company ) today released its first quarter
More informationInvestor Presentation. March 2-4, 2015 Strong. Innovative. Growing.
Investor Presentation March 2-4, 2015 Strong. Innovative. Growing. 1 Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the federal securities laws.
More informationEQT Reports Record Earnings for 2013 Production Sales Volume Growth of 43%
EQT Reports Record Earnings for 2013 Production Sales Volume Growth of 43% PITTSBURGH, PA (February 13, 2014) -- EQT Corporation (NYSE: EQT) today announced 2013 net income attributable to EQT of $390.6
More informationEQT REPORTS THIRD QUARTER 2014 EARNINGS Operational Results Continue to Improve GP Achieves Maximum Distribution Threshold
EQT REPORTS THIRD QUARTER 2014 EARNINGS Operational Results Continue to Improve GP Achieves Maximum Distribution Threshold PITTSBURGH, PA (October 23, 2014) -- EQT Corporation (NYSE: EQT) today announced
More informationAnalyst Presentation November 2016
Analyst Presentation November 2016 EQT Cautionary Statements EQT Corporation (NYSE: EQT) EQT Plaza 625 Liberty Avenue, Suite 1700 Pittsburgh, PA 15222 Pat Kane - Chief Investor Relations Officer (412)
More informationUBS One-on-One MLP Conference
UBS One-on-One MLP Conference January 13, 2015 Strong. Innovative. Growing. 1 Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the federal securities
More informationAnalyst Presentation October 27, 2016
Analyst Presentation October 27, 2016 EQT Cautionary Statements EQT Corporation (NYSE: EQT) EQT Plaza 625 Liberty Avenue, Suite 1700 Pittsburgh, PA 15222 Pat Kane - Chief Investor Relations Officer (412)
More informationFirst Quarter 2016 Supplemental Slides May 4, 2016
First Quarter 2016 Supplemental Slides May 4, 2016 Company Overview: More Than Just an E&P Company NYSE: RICE NYSE: RMP Upstream Marcellus + Utica Shale Development Rice Midstream Holdings Ohio Gathering
More informationAnalyst Presentation. December 18, 2013
Analyst Presentation December 18, 2013 EQT Cautionary Statements EQT Corporation (NYSE: EQT) EQT Plaza 625 Liberty Avenue, Suite 1700 Pittsburgh, PA 15222 Pat Kane - Chief Investor Relations Officer (412)
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 informationCapturing the Core: Transformative Acquisition of Vantage Energy Inc. September 26, 2016
RICE MIDSTREAM PARTNERS Capturing the Core: Transformative Acquisition of Vantage Energy Inc. September 26, 2016 1 www.riceenergy.com Acquisition Summary Enhancing Core, Dry-Gas Position in Appalachia
More informationWells Fargo Pipeline, MLP and Utility Symposium December 6, 2016
Wells Fargo Pipeline, MLP and Utility Symposium December 6, 2016 RMP: High Growth MLP in Prolific Appalachian Basin COMPANY OVERVIEW Top-tier gathering, compression and water services assets in Appalachian
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 informationCiti One-On-One MLP / Midstream Infrastructure Conference. August 20, 2014 Strong. Innovative. Growing.
Citi One-On-One MLP / Midstream Infrastructure Conference August 20, 2014 Strong. Innovative. Growing. 1 Forward-Looking Statements This presentation contains forward-looking statements within the meaning
More informationEQT REPORTS SECOND QUARTER 2016 EARNINGS Increases 2016 drilling plan
...... EQT REPORTS SECOND QUARTER 2016 EARNINGS Increases 2016 drilling plan PITTSBURGH, PA (July 28, 2016) -- EQT Corporation (NYSE: EQT) today announced second quarter 2016 net loss attributable to EQT
More informationAnalyst Presentation October 22, 2015
Analyst Presentation October 22, 2015 EQT Cautionary Statements EQT Corporation (NYSE: EQT) EQT Plaza 625 Liberty Avenue, Suite 1700 Pittsburgh, PA 15222 Pat Kane - Chief Investor Relations Officer (412)
More informationThird Quarter 2017 Supplement. October 2017 NBL
Third Quarter 2017 Supplement October 2017 3Q17 KEY HIGHLIGHTS Solid and differential operational execution Volumes Significantly Exceeding Original Expectations Volumes of 355 MBoe/d, 10 MBoe/d above
More informationRice Midstream Partners First Quarter 2015 Supplemental Slides May 7, 2015
Rice Midstream Partners First Quarter 2015 Supplemental Slides May 7, 2015 1 2 Rice Midstream Partners MLP Overview Marcellus Gathering and Compression Initial assets consist of gas gathering system with
More informationMAGNUM HUNTER RESOURCES CORPORATION 2014 Louisiana Energy Conference
MAGNUM HUNTER RESOURCES CORPORATION 2014 Louisiana Energy Conference June 2014 Who We Are Magnum Hunter Resources is an exploration and production company focused in three of the most prolific unconventional
More informationMarch 5, Raymond James 35 th Annual Institutional Investors Conference
March 5, 2014 Raymond James 35 th Annual Institutional Investors Conference Cautionary Language This presentation contains statements, estimates and projections which are forward-looking statements (as
More informationThird Quarter 2016 Earnings Call Presentation October 27, 2016
Third Quarter 2016 Earnings Call Presentation October 27, 2016 FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of
More informationAnalyst Presentation. October 29, 2018
Analyst Presentation October 29, 2018 Key Investment Highlights Premier Natural Gas Asset Base 680,000 core net Marcellus acres / ~2,400 undeveloped locations Contiguous acreage position allows longer
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 informationMarch 2013 NYSE: KWK
March 2013 NYSE: KWK www.qrinc.com Forward-looking Statements Forward-Looking Statements The statements in this presentation regarding future events, occurrences, circumstances, activities, performance,
More informationENERCOM THE OIL & GAS CONFERENCE. Carrizo Oil & Gas, Inc. August 14-18, 2016
ENERCOM THE OIL & GAS CONFERENCE Carrizo Oil & Gas, Inc. August 14-18, 2016 Forward Looking Statements / Note Regarding Reserves This presentation contains statements concerning the Company s intentions,
More informationGoldman Sachs Power, Utilities, MLP & Pipeline Conference. August 11, 2015 Strong. Innovative. Growing.
Goldman Sachs Power, Utilities, MLP & Pipeline Conference August 11, 2015 Strong. Innovative. Growing. 1 Forward-Looking Statements This presentation contains forward-looking statements within the meaning
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 informationChesapeake Midstream Partners Springridge Acquisition December 2010
Chesapeake Midstream Partners Springridge Acquisition December 2010 NYSE: CHKM www.chkm.com Best in Class MLP Gets Better! Best in Class Midstream Business Model Differentiated Growth Platform Haynesville
More informationAnalyst Presentation September 28, 2015
Analyst Presentation September 28, 2015 EQT Cautionary Statements EQT Corporation (NYSE: EQT) EQT Plaza 625 Liberty Avenue, Suite 1700 Pittsburgh, PA 15222 Pat Kane - Chief Investor Relations Officer (412)
More information2012 Wells Fargo Securities Research & Economics 11 th Annual Pipeline, MLP and Energy. Symposium
2012 Wells Fargo Securities Research & Economics 11 th Annual Pipeline, MLP and Energy Symposium December 4-5, 2012 Forward-Looking Statements Under the Private Securities Litigation Act of 1995 This document
More informationFirst Quarter 2016 Review. Hal Hickey Harold Jameson Ricky Burnett. Chief Executive Officer Chief Operating Officer Chief Financial Officer
First Quarter 2016 Review Hal Hickey Harold Jameson Ricky Burnett Chief Executive Officer Chief Operating Officer Chief Financial Officer May 4, 2016 Strategic Plan Update 2 Focus Area # Improvement Plan
More informationWELLS FARGO WEST COAST ENERGY CONFERENCE. Carrizo Oil & Gas, Inc. June 20-21, 2016
WELLS FARGO WEST COAST ENERGY CONFERENCE Carrizo Oil & Gas, Inc. June 20-21, 2016 Forward Looking Statements / Note Regarding Reserves This presentation contains statements concerning the Company s intentions,
More information2014 MASTER LIMITED PARTNERSHIP INVESTOR CONFERENCE MAY 22, 2014
2014 MASTER LIMITED PARTNERSHIP INVESTOR CONFERENCE MAY 22, 2014 FORWARD-LOOKING STATEMENTS Certain statements and information in this presentation may constitute forward-looking statements. The words
More informationWhipkey Drilling Pad, Marshall County, West Virginia
Whipkey Drilling Pad, Marshall County, West Virginia DUG EAST JUNE 5, 2014 1 Disclaimer This presentation contains forward-looking statements within the meaning of section 21E of the United States Securities
More informationCredit Suisse MLP & Energy Logistics Conference
Credit Suisse MLP & Energy Logistics Conference June 23, 2015 Strong. Innovative. Growing. 1 Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the federal
More informationWells Fargo Pipeline, MLP & Energy Symposium
Wells Fargo Pipeline, MLP & Energy Symposium Barry E. Davis President & Chief Executive Officer December 11, 2013 RIGHT PLATFORM. RIGHT OPPORTUNITIES. RIGHT PEOPLE. 1 Forward-Looking Statements & Non-GAAP
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 informationAntero Resources Reports Second Quarter 2018 Financial and Operational Results
August 1, 2018 Antero Resources Reports Second Quarter 2018 Financial and Operational Results DENVER, Aug. 1, 2018 /PRNewswire/ -- Antero Resources Corporation (NYSE: AR) ("Antero" or the "Company") today
More informationWells Fargo Pipeline, MLP and Utility Symposium
Wells Fargo Pipeline, MLP and Utility Symposium December 6 & 7, 2016 2 Forward Looking Statements and Non-GAAP Measures This presentation contains certain forward-looking statements within the meaning
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 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 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 informationAntero Resources Reports Fourth Quarter and Full Year 2016 Financial and Operational Results
Antero Resources Reports Fourth Quarter and Full Year 2016 Financial and Operational Results Denver, Colorado, February 28, 2017 Antero Resources Corporation (NYSE: AR) ( Antero or the Company ) today
More informationInvestor Update Hunt Acquisition
Investor Update Hunt Acquisition January 2, 2018 Investor Presentation November 2016 Nasdaq Ticker: PVAC Forward Looking and Cautionary Statements Certain statements contained herein that are not descriptions
More informationAbraxas Petroleum. Corporate Update. May Raven Rig #1; McKenzie County, ND
Abraxas Petroleum Corporate Update May 2018 Raven Rig #1; McKenzie County, ND Forward-Looking Statements The information presented herein may contain predictions, estimates and other forward-looking statements
More informationJ.P.Morgan Energy Equity Conference June 2017
J.P.Morgan Energy Equity Conference June 2017 Forward-Looking Statements and Risk Factors Statements made in this presentation that are not historical facts are forward-looking statements. These statements
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 2017 Earnings Presentation
Second Quarter 2017 Earnings Presentation August 9, 2017 Investor Presentation November 2016 Nasdaq Ticker: PVAC Forward Looking and Cautionary Statements Certain statements contained herein that are not
More informationHeikkinen Energy Conference August 24, 2016
Heikkinen Energy Conference August 24, 2016 Rice Energy Strategy 2 www.riceenergy.com Allocate 100% of Capital to Core Assets with Attractive Returns Maintain a Strong Balance Sheet Protect Returns and
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 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 informationEarnings Call Slides 2Q18. August 2018
Earnings Call Slides 2Q18 August 2018 This presentation has been prepared by Goodrich Petroleum Corporation (the Company ) solely for information purposes and may include "forwardlooking statements" within
More informationLouisiana Energy Conference
Louisiana Energy Conference J. Russell Porter President and CEO June 7, 2012 Houston, TX E X P A N D I N G O U R H O R I Z O N S Cautionary Statement CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION
More informationwhere we stand where we are going
where we stand where we are going Third-Quarter 2018 Earnings Call October 26, 2018 Forward-Looking Statements and Other Disclaimers This presentation includes forward looking statements within the meaning
More informationAbraxas Petroleum. Corporate Update. February Raven Rig #1; McKenzie County, ND
Abraxas Petroleum Corporate Update February 2018 Raven Rig #1; McKenzie County, ND Forward Looking Statements The information presented herein may contain predictions,estimates and other forward looking
More informationFOURTH QUARTER 2017 EARNINGS CALL FEBRUARY 22, 2018
FOURTH QUARTER 2017 EARNINGS CALL FEBRUARY 22, 2018 Recent Highlights OPERATIONAL Oil grew 68% 1 Set well productivity records in the Williston 2 Strong long-lateral results in the Delaware FINANCIAL Unhedged
More informationAntero Resources Reports Third Quarter 2013 Financial and Operational Results
Antero Resources Reports Third Quarter 2013 Financial and Operational Results Highlights: Net daily production averaged 566 MMcfe/d, a 25% increase over second quarter 2013 and a 128% increase over third
More informationNYSE:CRK. Second Quarter 2018 Results
NYSE:CRK Second Quarter 2018 Results 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
More informationSOUTHWESTERN ENERGY ANNOUNCES 2017 OPERATIONAL AND FINANCIAL RESULTS
NEWS RELEASE SOUTHWESTERN ENERGY ANNOUNCES 2017 OPERATIONAL AND FINANCIAL RESULTS Houston, Texas March 1, 2018...Southwestern Energy Company (NYSE: SWN) today announced its financial and operating results
More informationAntero Resources Reports First Quarter 2017 Financial and Operational Results
NEWS RELEASE Antero Resources Reports First Quarter 2017 Financial and Operational Results 5/8/2017 DENVER, May 8, 2017 /PRNewswire/ -- Antero Resources Corporation (NYSE: AR) ("Antero" or the "Company")
More informationAntero Resources to Acquire 55,000 Net Acres in the Core of the Marcellus Shale
NEWS RELEASE Antero Resources to Acquire 55,000 Net Acres in the Core of the Marcellus Shale 6/9/2016 DENVER, June 9, 2016 /PRNewswire/ -- Antero Resources Corporation (NYSE: AR) ("Antero" or the "Company")
More informationAntero Resources Reports Third Quarter 2013 Financial and Operational Results
Antero Resources Reports Third Quarter 2013 Financial and Operational Results DENVER, Nov. 6, 2013 /PRNewswire/ -- (Logo: http://photos.prnewswire.com/prnh/20131101/la09101logo) Highlights: Net daily production
More informationForward Looking Statements
January 2010 1 Forward Looking Statements This presentation contains forward looking statements within the meaning of the federal securities laws. Forward looking statements are not guarantees of performance.
More informationAntero Resources Announces 2015 Capital Budget and Guidance
NEWS RELEASE Antero Resources Announces 2015 Capital Budget and Guidance 1/20/2015 DENVER, Jan. 20, 2015 /PRNewswire/ -- Antero Resources Corporation (NYSE: AR) ("Antero" or the "Company") today announced
More informationBLUE RIDGE MOUNTAIN RESOURCES. January 2018
BLUE RIDGE MOUNTAIN RESOURCES January 2018 Forward-Looking and Cautionary Statements In general. Blue Ridge Mountain Resources, Inc., together with its subsidiaries and affiliates, is referred to in this
More informationPartnership Overview December 2017
Partnership Overview December 2017 Forward-Looking Statements This presentation contains forward-looking statements. All statements, other than statements of historical facts, included in this presentation
More informationwhere we stand where we are going
where we stand where we are going J.P. Morgan 2018 Energy Conference June 18-19, 2018 Forward-Looking Statements and Other Disclaimers This presentation includes forward looking statements within the meaning
More informationCONE Midstream Partners LP. Capital Link MLP Investing Forum March 5, 2015
CONE Midstream Partners LP Capital Link MLP Investing Forum March 5, 2015 Disclaimer Forward Looking Statements This presentation contains forward-looking statements within the meaning of the federal securities
More informationTUDOR, PICKERING, HOLT 13 TH ANNUAL HOTTER N HELL ENERGY CONFERENCE
TUDOR, PICKERING, HOLT 13 TH ANNUAL HOTTER N HELL ENERGY CONFERENCE Carrizo Oil & Gas June 20-22, 2017 Forward Looking Statements / Note Regarding Reserves This presentation contains statements concerning
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 informationCORPORATE PRESENTATION August 2017
CORPORATE PRESENTATION August 2017 Cautionary Statements Forward Looking Statements Statements in this presentation that are not historical facts are forward-looking statements within the meaning of Section
More informationIPAA Oil and Gas Investment Symposium
IPAA Oil and Gas Investment Symposium Investor Presentation April 9-10, 2018 Nasdaq Ticker: PVAC November 2016 Forward Looking and Cautionary Statements Certain statements contained herein that are not
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 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 informationCHESAPEAKE MIDSTREAM PARTNERS MARCELLUS ACQUISITION
CHESAPEAKE MIDSTREAM PARTNERS MARCELLUS ACQUISITION DECEMBER 2011 ACCESSING THE GROWTH PLATFORM! Best in Class Midstream Business Model Differentiated Growth Platform Marcellus Acquisition Transaction
More informationInvestor Presentation
1 Investor Presentation February 2017 Forward-Looking Statements and Other Disclaimers 2 FORWARD-LOOKING STATEMENTS This presentation and the oral statements made in connection therewith may contain forward
More information