Sign Up Now!
Back to Results
Note: Only one slide is currently available because you are not currently logged in.
Penn Virginia Energy Inc
Jefferies 2011 Global Energy Conference
| H. Baird Whithead | Page 14 of 11 |
March 11, 2014
View in Results
"Jefferies 2011 Global Energy Conference"
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
14 High-Margin, Liquid-Rich Reserves and Production Mid-Continent: Liquids-Rich Play Types Anadarko Basin • Positioning – CHK development drilling JV • ~10,000 net acres in Washita Co. • Operate about one-third; ~28% WI • ~80 drilling locations in JV as of YE10 – ~40,000 net acres in other exploratory plays • Testing to resume in 2012 and 2013 • Reserve Characteristics / Geology – Granite Wash: 48% liquids; attractive IRRs – Other play types: Tonkawa, Cleveland, Viola, St. Louis, Springer, other – Historical EURs > 5.0 Bcfe; assuming 4.0 Bcfe for remaining wells • 2011 Activity – Up to 20 (8.7 net) Granite Wash wells – Non-operated drilling – Up to $89MM of CAPEX (20% of total) Note: Based on 11/2/11 operational update