Enverus Home docFinder M&A Learn More Videos About Us Contact Us Register

Log In

Username (email)

Password

Remember Me Forgot Password?

or Sign Up Now!

New Search* Back to Results
Note: Only one slide is currently available because you are not currently logged in.

Eclipse Resources | August 2018 Investor Presentation | Benjamin Hulburt | Page 4 of 11 | December 20, 2025

Save Email Print View in Results

toolButton prevButton nextButton prevKeyButton nextKeyButton prevKeyButton nextKeyButton byDateAscButton byDateDescButton byCompanyNameAscButton byCompanyNameDescButton hidden hidden		Document: "August 2018 Investor Presentation" View Full Document		× Search Selection Search by Text Search Search by Slide Search Cross reference your docFinder results against PLS' extensive news archives. For demo or training contact Melwyn Oommen, melwyn.oommen@drillinginfo.com
Slides may show historical information no longer relevant. All slides to be viewed in context of the entire presentation and time. See Legal Disclaimer.

First Previous Zoom Next Last

August 2018 4 Management’s Focus on Full Cycle Returns Eclipse management interests are aligned with shareholders with compensation tied to achieving full-cycle corporate returns in excess of the Company’s WACC Corporate Compensation Return Methodology ? Eclipse management is focused on delivering full-cycle corporate returns in excess of the Company’s cost of capital 1 ? Full-cycle corporate returns reflect the internal rate of return for a well including the following: ? Well level costs (type curve) ? Land capital ? Midstream capital ? General & administrative expenses ? Realized gain (loss) on hedges ? Actual/Planned cycle times ? Eclipse management continuously calculates the full- cycle corporate returns for the 2018 drill schedule ? Calculated drilling plan IRR used as benchmark for setting 2018 key performance metrics ? 2018 full-cycle corporate returns expected to exceed Eclipse’s weighted average cost of capital 1 at current strip pricing 61% 18% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 16,000' Type Curve Corporate 84% 22% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 16,000' Type Curve Corporate 12% Cost of Capital 1 2018 Development Plan IRR 2 Condensate Dry Gas 1 Cost of capital calculated using CAPM. 2 Based on $3.00 / $55.00 pricing; type curves do not represent proved reserves. Full-cycle corporate returns include land, midstream, G&A and hedges.