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
EPL Energy Partners Ltd
|
IPAA / OGIS Presentation
| Gary Hanna | Page 8 of 11 |
March 28, 2024
Save
Email
Print
View in Results
toolButton
prevButton
nextButton
prevKeyButton
nextKeyButton
prevKeyButton
nextKeyButton
byDateAscButton
byDateDescButton
byCompanyNameAscButton
byCompanyNameDescButton
hidden
hidden
Key Slides:
[Debt]
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
7 1. Pay in Kind 2. EPL and peer group figures from fiscal year 2009 public filings $10.56 $6.55 $2.94 $1.62 $6.66 $7.39 $7.05 $8.19 $0 $4 $8 $12 EPL MMR ME W&T Peer Mean SGY ATPG EXXI ? New debt structure surpasses GOM peers – As of 12/31/09 • Net Debt of $51 million • Net Debt/Capitalization =11% • $1.62 net debt/Boe – Net Debt projected to decrease • 1Q2010E <$30 million Net Debt per Boe Measured Against Peers (2) Lowering Cost of Capital & Maintaining Flexibility $/Boe PeersEPL Peer Mean ? Outstanding Debt Components as of 1Q 2010 – Term loan under Credit Facility: $12.5 million – 20% PIK (1) Notes: ~$68 Mm principal and accrued interest • Manageable but expensive • No pre-payment penalties ? Pursuing global refinancing to lower cost of capital while maintaining flexibility – Market options available to EPL to handle refinancing is currently strong – Expect to complete refinancing in 2Q 2010