Close
❮
❯
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.
Full Document
Key Slides
Ascent Resources PLC
|
March 2022 Investor Presentation
| Colin Hutchinson | Page 7 of 11 |
May 04, 2024
Save
Email
Print
View in Results
toolButton
prevButton
nextButton
prevKeyButton
nextKeyButton
prevKeyButton
nextKeyButton
byDateAscButton
byDateDescButton
byCompanyNameAscButton
byCompanyNameDescButton
hidden
hidden
Document:
"March 2022 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
.
Next 200
First
Previous
Zoom
Next
Last
Superior Operating Capabilities Drive Basin-Leading Cost Structure • Ascent’s current per lateral foot development costs are the lowest in all of Appalachia • Well costs averaged $573 per lateral foot in Q4 2021 and $565 per lateral foot for full-year 2021 • Cost structure and operational excellence contributes significant value compared to other operators across all U.S. gas basins • Innovation, technological advances, and proprietary data continue to drive sustainable and repeatable cost improvements – Efficiency gains projected to reduce anticipated 2022 cost inflation from 15-20% to just 8-10% WELL COST SUMMARY WELL COST per lateral foot (1,2) $565 $571 $620 $630 $690 $723 $806 $894 $1,098 $1,161 $1,600 Ascent Peer 1 Peer 2 Peer 3 Peer 4 Peer 5 Peer 6 Peer 7 Peer 6 Peer 8 Peer 3 SUBSTANTIALY LOWER ALL-IN WELL COSTS REGARDLESS OF BASIN Ascent Forecasting 2022 Well Costs of $600 - $620 per Lateral Foot 7 Ascent Marcellus Utica Haynesville 1. 2021 Peer costs sourced from a combination of company public disclosures and Enverus. Ascent well costs include drilling, completions, facility and pad costs. 2. Peers include AR, CHK, CNX, CRK, EQT, GPOR, RRC, SWN.