Sign Up Now!
Back to Results
Note: Only one slide is currently available because you are not currently logged in.
Legacy Oil + Gas Inc
April 2012 Corporate Presentation
| Trent J. Yanko | Page 7 of 11 |
March 09, 2014
View in Results
"April 2012 Corporate 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
2012 Capital + Operating Budget 7 ? Total capital budget of $305 million (does not include capitalized G & A) ? Targeting light oil ? ~83% of capital directed to drilling and completions ? Drill approximately 123 gross (96 net) wells ? No acquisitions budgeted ? Forecast 2012 average production of 16,300 Boe/d (85% light oil and NGL’s) ? Forecast 2012 exit rate of over 17,900 Boe/d ? Operating assumptions: ? Operating Costs $14.00 per Boe ? Transportation Costs $2.50 per Boe ? Royalties 16.5% ? G & A (expensed) $2.65 per Boe ? Operating expenses per Boe forecast to drop 10%; G & A expenses per Boe forecast to drop 15%; (2012 average compared to 2011 average) 254 28 18 5 2012 Capital Expenditures ($ million) DCET Facilities Land/Seismic Other