Sign Up Now!
Back to Results
Note: Only one slide is currently available because you are not currently logged in.
Perpetual Energy Inc
April 2012 Company Presentation
| Susan L. Riddle Rose | Page 12 of 11 |
December 08, 2013
View in Results
"April 2012 Company Presentation"
View Full Document
Slides may show historical information no longer relevant. All slides to be viewed in context of the entire presentation and time. See
11 Base Legacy Assets – Conventional Shallow Gas Belly River Viking Grand Rapids Lower Mannville Pre Cretaceous Unconformity Extensive inventory to minimize production declines at industry-leading capital efficiencies ? East Central and Northeast Alberta ? Cretaceous and Devonian sweet shallow gas ? 65% of production base ? Base declines < 20% ? Multiple stacked zones and play types ? ~700 uphole recompletions awaiting depletion of producing zones ? Low cost production and reserves adds (<$10,000/BOE/d; <$1.00/Mcf) ? Typically ~150 recompletions per year ? 380+ new drill prospects ? Historical drilling success > 90% ? Seismic definition and step out of infrastructure drive prospects to drill ready ? Multi-zone drills generally convert to reserves in 1 or 2 zones with additional zones captured as uphole completions in prospect inventory ? ~10 -20 new drills per year - best return and strategic only ? Average well $0.4 MM D C & E ? Risked IP 300 Mcf/d; EUR 0.3 Bcf (<$25,000/BOE/d; <$1.77/Mcf)