DOCSLIB.ORG

Cenovus IR 1.4.C Attachment – Western Canadian Production By

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Cenovus IR 1.4.C Attachment – Western Canadian Production By Enbridge Pipelines Inc. Cenovus IR 1.4.c Attachment – Application for Canadian Mainline Contracting Western Canadian Production by Producer RH-001-2020 File No.: OF-Tolls-Group-E101-2019-02 02 Page 1 of 5 Western Canadian Productions by Producer [Data Values] Production (kbbl/d) Company Segment Company BP 25.0 Chevron 60.9 ExxonMobil 313.2 Shell 34.6 Total 97.3 Major Sum 530.9 Canadian Natural Resources (CNRL) 858.2 Cenovus Energy 369.3 Husky Energy 170.1 Japex 13.4 Paramount Resources 12.2 PKN ORLEN 2.5 Repsol 10.5 Suncor Energy 630.3 Todd Energy 1.1 Integrated Sum 2067.5 Arc Resources 23.5 Baytex Energy 47.0 Birchcliff Energy 4.9 Bonavista Energy Corporation 3.2 ConocoPhillips 68.5 Crescent Point Energy 107.2 Ember Resources 0.0 Encana 0.6 Enerplus Corporation 10.0 EOG Resources 0.0 Jupiter Resources 7.5 MEG Energy 87.7 Murphy Oil 5.5 Obsidian Energy 19.3 Pengrowth Energy Corporation 16.5 Seven Generations Energy 76.4 Tourmaline Oil 22.6 Vermilion Energy 27.9 Whitecap Resources 63.8 Independent Sum 592.0 Kuwait Petroleum Corp (KPC) 1.6 Rosneft 1.5 Sinopec Group (parent) 29.6 NOC Sum 32.7 CNOOC 67.1 KNOC (S.Korea) 11.2 PetroChina 7.5 Enbridge Pipelines Inc. Cenovus IR 1.4.c Attachment – Application for Canadian Mainline Contracting Western Canadian Production by Producer RH-001-2020 File No.: OF-Tolls-Group-E101-2019-02 02 Page 2 of 5 [Data Values] Production (kbbl/d) Petronas 1.9 INOC Sum 87.8 3MV Energy 0.1 ACCEL Energy 8.1 Accelerated Oil Technologies 0.1 Advantage Oil & Gas 0.0 Aeraden Energy 0.8 Alberta Oilsands 0.0 Altura Energy 0.6 Anterra 0.1 Argosy Energy 0.0 Arrow Exploration 0.8 Artis Exploration 2.6 Aspen Resources 0.1 Aspenleaf Energy Limited 2.5 Athabasca Oil Corporation 32.2 Barnwell 0.1 Bellatrix Exploration 0.8 Berkley Renewables Inc. 0.0 Black Swan Energy 0.0 BNP Resources 0.0 Bonterra Energy 7.2 Boulder Energy Ltd. 1.7 Brixton Energy 0.0 Cabot Energy Plc 0.7 Caledonian Royalty Corporation 0.0 Canadian Abraxas Petroleum 0.0 Canadian Coastal Resources 1.1 Canamax Energy Ltd. 0.2 Cardinal Energy 17.3 Cequence Energy 0.5 Chinook Energy 0.4 Clearview Resources Ltd. 0.2 Cona Resources 15.7 Connacher Oil and Gas 11.1 Corex Resources 7.2 Corso Energy 0.1 Crew Energy 4.5 Delphi Energy 3.2 Deltastream Energy Corp 1.9 Desmarais Energy Corporation 0.0 Dragon Capital Group 0.0 DXI Energy 0.0 Eagle Energy Inc. 0.6 Emerald Bay Energy 0.0 Enercapita 2.3 Enbridge Pipelines Inc. Cenovus IR 1.4.c Attachment – Application for Canadian Mainline Contracting Western Canadian Production by Producer RH-001-2020 File No.: OF-Tolls-Group-E101-2019-02 02 Page 3 of 5 [Data Values] Production (kbbl/d) Exall Energy 0.1 Fairwest Energy 0.0 Forest Gate Energy 0.0 Freehold 3.0 Gain Energy Ltd. 0.2 Gear Energy 8.2 Globe Securities 0.7 Granite Oil Corp. 2.6 Greenfire Oil and Gas Ltd 0.0 Groundstar Resources 0.0 Hammerhead Resources 8.8 Hanwha Energy 0.0 Hawk Exploration 0.5 Highwood Oil Company 0.0 InPlay Oil Corp. 2.0 Insignia Energy 1.2 International Petroleum Corporation (IPC) 19.1 Ironhorse Oil And Gas 0.0 Javelin Energy 0.0 Journey Energy 2.6 Karve Energy 3.5 Kelt Exploration 9.8 Killam Acquisition Company 0.4 Kroes Resources 0.0 Legacy Oil & Gas 0.0 Leucrotta Exploration 1.0 LGX Oil + Gas 0.6 Mancal Energy 0.2 Manitok Energy 3.3 Mercuria Energy Group Limited 0.1 MIE Holdings Corporation 1.3 Modern Resources Inc 1.8 Mosaic Energy Ltd 0.0 NAL Resources 11.6 National Petroleum Company (Brunei) 0.1 Nordic Oil and Gas 0.0 NuVista Energy 13.8 Omers Energy 1.2 OSUM 14.5 Pacific Oil and Gas 2.3 Perpetual Energy 1.0 PetroFrontier Corp. 0.3 Petrolia Energy Corp 0.4 Petromin Resources 0.0 Petrus Resources 2.0 Pine Cliff Energy 1.4 Enbridge Pipelines Inc. Cenovus IR 1.4.c Attachment – Application for Canadian Mainline Contracting Western Canadian Production by Producer RH-001-2020 File No.: OF-Tolls-Group-E101-2019-02 02 Page 4 of 5 [Data Values] Production (kbbl/d) Pipestone Energy 0.7 Point Loma Resources 0.1 Polar Star Canadian Oil and Gas 0.5 Postell Energy 0.0 Prairie Provident Resources 4.7 Primavera Resources Corp 0.0 Prospera Energy 0.9 Proton Technologies 5.6 Questerre Energy 2.3 Questfire 0.5 Razor Energy 1.7 Regent Resources 0.2 Relentless Resources 0.0 Return Energy 0.0 Ria Resources Corp 0.1 Ridgeback Resources 13.9 Rife Resources 0.7 Saguaro Resources 3.0 SanLing Energy Ltd 3.4 Serafina Energy Ltd 9.6 Shoreline Energy 0.1 Signalta Resources 0.4 Sonde Resources 0.1 Southern Pacific Resource 4.1 Spur Petroleum Ltd 4.7 Steelhead Petroleum 0.2 StonePoint Energy 0.1 Storm Resources 2.2 Strategic Oil and Gas 1.2 Strath Resources 1.6 Strongbow Resources 0.1 Sunshine Oilsands 2.3 Surge Energy Inc 19.1 Tamarack Valley Energy 13.3 Tangle Creek Energy 3.7 Taylor Hill Exploration Ltd. 0.3 Teine Energy 32.3 Torc Oil & Gas Limited 23.2 Torxen Energy Ltd 1.4 Tournament 1.5 TransGlobe Energy Corporation 0.6 Traverse Energy 0.0 Trident Exploration 0.1 Tundra Oil & Gas 25.5 Tuscany Energy 1.3 Twoco Petroleums 0.0 Enbridge Pipelines Inc. Cenovus IR 1.4.c Attachment – Application for Canadian Mainline Contracting Western Canadian Production by Producer RH-001-2020 File No.: OF-Tolls-Group-E101-2019-02 02 Page 5 of 5 [Data Values] Production (kbbl/d) Vecta Energy Corporation 0.0 Velvet Energy 5.5 Vesta Energy 8.1 Waldron Energy 0.0 Westbrick Energy Ltd 0.2 Western Petroleum Commodities 0.0 Whitebark Energy 0.0 Woodcote Oil Corp 0.0 Yangarra Resources 4.7 Yoho Resources 0.0 Yorkton Ventures 0.0 Zargon Oil & Gas 1.3 E&P Company Sum 451.9 Calima Energy 0.0 Tallahassee Exploration Inc. 0.0 Exploration Company Sum 0.0 Imperial Oil (Public traded part) 107.0 Indian Oil 0.2 Mitsubishi Corp 0.3 Peyto 0.1 Sasol 0.2 Schlumberger 12.2 TAQA (Abu Dhabi National Energy Company) 17.1 Teck Resources Limited 26.0 Industrial Sum 163.1 Can-China Global Resource Fund 0.6 China Oil and Gas Group Limited 2.4 Kohlberg Kravis Roberts (KKR) 0.7 Sinoenergy Investment Corp 12.1 Yanchang Petroleum International Limited 2.3 Investor Sum 18.1 Other partner(s) 0.0 Other partner(s) CA 119.1 Unknown Owner 36.5 Unspecific (Other/Open/Relinquished) Sum 155.7 Unknown Blue Sky Resources 0.8 Sum 4100.5.
Load more

Recommended publications
  • OBSIDIAN ENERGY LTD. Mailing Address Business Address 207 - 9TH AVENUE S.W
    SECURITIES AND EXCHANGE COMMISSION FORM 40-F Annual reports filed by certain Canadian issuers pursuant to Section 15(d) and Rule 15d-4 Filing Date: 2019-03-07 | Period of Report: 2018-12-31 SEC Accession No. 0001193125-19-067079 (HTML Version on secdatabase.com) FILER OBSIDIAN ENERGY LTD. Mailing Address Business Address 207 - 9TH AVENUE S.W. 207 - 9TH AVENUE S.W. CIK:1334388| IRS No.: 000000000 | State of Incorp.:A0 | Fiscal Year End: 1231 SUITE 200 SUITE 200 Type: 40-F | Act: 34 | File No.: 001-32895 | Film No.: 19665634 CALGARY A0 T2P 1K3 CALGARY A0 T2P 1K3 SIC: 1311 Crude petroleum & natural gas (403) 777-2500 Copyright © 2019 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 40-F (Check One) ☐ Registration statement pursuant to Section 12 of the Securities Exchange Act of 1934 or ☒ Annual report pursuant to section 13(a) or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2018 Commission file number 1-32895 OBSIDIAN ENERGY LTD. (Exact name of registrant as specified in its charter) Alberta, Canada 1311 Not applicable (Province or other jurisdiction (Primary Standard Industrial (I.R.S. Employer of incorporation or organization) Classification Code Number (if applicable)) Identification Number (if Applicable)) Suite 200, 207 9th Avenue SW, Calgary, Alberta, Canada T2P 1K3 (403) 777-2500 (Address and Telephone Number of Registrants Principal Executive Offices) DL Services Inc., Columbia Center, 701 Fifth Avenue, Suite 6100, Seattle, Washington 98104-7043 (206) 903-5448 (Name, Address (Including Zip Code) and Telephone Number (Including Area Code) of Agent For Service in the United States) Securities registered or to be registered pursuant to Section 12(b) of the Act.
    [Show full text]
  • Premium Proves
    2020 Annual Report PREMIUM PROVES 77284.indd 1 3/10/21 2:25 PM Andrew Abbott Ahmed Abdullah Bobby Abernathy Renesha Abraham Susan Abrahams Gus Abrahamson Linda Abrego Turk Ackerman David Ackman Aron Acosta OUR EMPLOYEES Ed Acosta Linda Acosta Kelvin Acuna Gabby Adame Cheryl Adams Nelda Adams Stephen Adams Rhonda Addison Jeremy Adrian Mike Adrion Alicia Affat Amer Afi fi Kristina Agee Bobbie Aguilar Candy Aguilar Sergio Aguilar Amit Ahuja Blaine Akin Shane Akin Shanthi Akkisetty Melissa Albert Alex Albertoni Marisol Albino Wilson Jennifer Alcocer Mahdee Aleem Cesar Aleman Krista Aleman Leon Aleman Aaron Alexander Anthony Alexander Kerry-Ann Alexander Mark Alexander Patrick Alexander Enaaz Ali Kirk Ali Maha Ali Meshal Al-Khabbaz Amanda Allahar Raymond Allbee Jennifer Allen Scott Allison Evan Allred Richard Alonso Derek Alquist Carlos Alvarado Teuscher Kim Alvarado Raul Alvarado Dan Ambuehl Syed Amir Junior Andall Aaron Anderson Brian Anderson Charlie Anderson Jason Anderson Jeremy Anderson Jim Anderson Karen Anderson Katie Anderson Landon Anderson Rene Anderson Scott Anderson Derek Andreas Levi Andreas Frances Andreassen Tony Aner Tori Angus Fernanda Araujo John Archambault Ali Ardington Carlos Arevalo Hugo Arevalo Mario Arevalo Alex Argueta Erin Arkison Joshua Armentrout Craig Armstrong Cody Arnold Artie Arredondo Edgar Arreola Andrea Arrey Jared Arrey Eric Arsenault Jayanthi Arya Jill Ashcraft Bob Asher Chelsea Ashworth Joe Aston Darrell Atkins Haritha Atluri Lizz Atnafu Jason Aultman Richard Austin Daubie Autry Jon Avery Orlando Ayala
    [Show full text]
  • Obsidian Energy Corporate Presentation
    Obsidian Energy Corporate Presentation January 2020 Important Notice to the Readers This presentation should be read in conjunction with the Company’s unaudited consolidated financial statements, Management's Discussion and Analysis ("MD&A") for the three and nine months ended September 30, 2019. All dollar amounts contained in this presentation are expressed in millions of Canadian dollars unless otherwise indicated. Certain financial measures included in this presentation do not have a standardized meaning prescribed by International Financial Reporting Standards (“IFRS”) and therefore are considered non- generally accepted accounting practice (“Non-GAAP") measures; accordingly, they may not be comparable to similar measures provided by other issuers. This presentation also contains oil and gas disclosures, various industry terms, and forward-looking statements, including various assumptions on which such forward-looking statements are based and related risk factors. Please see the Company's disclosures located in the Appendix & Endnotes at the end of this presentation for further details regarding these matters. All slides in this presentation should be read in conjunction with “Definitions and Industry Terms”, “Non-GAAP Measure Advisory”, “Oil and Gas Information Advisory”, “Reserves Disclosure and Definitions Advisory” and “Forward-Looking Information Advisory”. All locations are considered to be Unbooked locations unless otherwise noted. 2 Corporate Overview Market Summary Ticker Symbol OBE Peace River 4,519 boe/d Q3 2019 Shares Outstanding MM 73 Cold flow heavy oil Manage base production Market Capitalization MM $80 Net Debt MM $497 Enterprise Value MM $577 Deep Basin 1,154 boe/d Q3 2019 Corporate Summary Liquids rich deeper development underlying Cardium Reserves (2P YE 2018) mmboe 125 RLI (2P YE 2018) years 13 PDP Decline (YE 2018) % 16 Tax Pools (YE 2018) MM $2,533 2019 Guidance Production boe/d 26,750 – 27,250 Capital Expenditures Cardium MM $120 incl.
    [Show full text]
  • INVESTOR PRESENTATION Spartan Delta Corp
    INVESTOR PRESENTATION Spartan Delta Corp. (SDE: TSXV) March 26, 2021 SPARTAN DELTA CORPORATE STRATEGY Building a Sustainable Energy Company for Global Investors DISCIPLINED CONSOLIDATOR Building towards >100,000 BOE/d WEST-CENTRAL ALBERTA DEEP BASIN – Liquids-Rich ALBERTA MONTNEY – Oil-Weighted ▪ Low base decline <20% with $4,000/boepd ▪ Well delineated acreage position capital efficiency (1) and IRRs (1) >200% ▪ Drill ready inventory with owned ▪ Drill ready inventory with owned infrastructure infrastructure ▪ Organic growth with top tier Montney ▪ Asset sustaining capital <18% of NOI (1)(2) economics DISCIPLINED CONSOLIDATOR MODERN ENERGY COMPANY SHAREHOLDER RETURN DRIVEN ESG ROI ▪ Strong Indigenous partnerships LEADERSHIP ▪ Strong balance sheet: $100MM undrawn bank line ▪ Gender diverse leadership and workforce ▪ Internally funded organic growth ▪ Developing a strategy & goals for emissions reduction ▪ Forecasting 2021 $38MM Free Funds Flow (1)(2) and $115MM YE Net Surplus (1)(2) ESG LEADERSHIP ROI March 26, 2021 2 1) See “Non-GAAP Measures” in Disclaimers 2) Corporate NOI estimate, based on Spartan Budget Price Deck as defined on slide 36 COMPANY OVERVIEW Spartan Delta Corp. ALBERTA MONTNEY: ▪ Oil-weighted Montney focus Capitalization (as at March 25, 2021) ▪ Additional consolidation opportunities Spartan Delta Corp. TSX-V SDE ▪ Oil and Liquids-Rich Montney drilling upside Share Price (1) $/sh 4.04 Market Capitalization (basic) (1) $MM 460.2 Common Shares Outstanding (basic) MM 113.9 Net Debt (as at Dec 31, 2020) (2) $MM 12.3 Estimated
    [Show full text]
  • Obsidian Energy Ltd--Obsidian Energy Announces Year-End 2019
    Obsidian Energy Announces Year-End 2019 Financial and Operational Results and 2020 Development Program Update Met or Exceeded all 2019 Guidance Metrics Achieved Significant Reduction in Undiscounted Asset Retirement Obligations During 2019 Strong Continued Operational and Development Results Year to Date CALGARY, March 30, 2020 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce our year-end 2019 financial and operational results, development program updates, and an update on our US listing. All figures are in Canadian dollars unless otherwise stated. Obsidian Energy's audited consolidated financial statements and Management's Discussion and Analysis ("MD&A") as at and for the year-ended December 31, 2019 can be found on our website at www.obsidianenergy.com. The documents will also be filed on SEDAR and EDGAR in due course. FINANCIAL AND OPERATING HIGHLIGHTS Three months ended December 31 Year ended December 31 2019 2018 2019 2018 FINANCIAL1 (millions, except per share amounts) Cash flow from Operations 49 19 77 99 Basic and Diluted ($/share) 0.67 0.26 1.06 1.36 Funds Flow from Operations2 54 (2) 160 92 Basic and Diluted ($/share) 0.74 (0.03) 2.20 1.26 Net loss (544) (113) (788) (305) Basic and Diluted ($/share) (7.45) (1.56) (10.81) (4.22) Capital expenditures 34 41 103 168 Net Debt2 495 497 495 497 Average sales price3 Light oil ($/bbl) 70.57 37.88 68.99 66.60 Heavy oil ($/bbl) 41.80 7.70 38.82 33.07 NGL ($/bbl) 31.42 24.99 20.77 36.69 Natural gas ($/mcf)
    [Show full text]
  • EOG Resources, Inc. 2008 Annual Report
    2008 Annual Report SIMPLY ACHIEVING FINANCIAL AND OPEraTING HIGHLIGHTS (In millions, except per share data, unless otherwise indicated) 2008 2007 2006 Net Operating Revenues . $ 7,127 $ 4,239 $ 3,929 Income Before Interest Expense and Income Taxes . $ 3,798 $ 1,678 $ 1,956 Net Income Available to Common Stockholders . $ 2,436 $ 1,083 $ 1,289 Total Exploration and Development Expenditures . $ 5,093 $ 3,599 $ 2,927 Other Property, Plant and Equipment Expenditures . $ 477 $ 277 $ 100 Wellhead Statistics Natural Gas Volumes (MMcfd) . 1,619 1,470 1,337 Average Natural Gas Prices ($/Mcf) . $ 7.51 $ 5.65 $ 5.72 Crude Oil and Condensate Volumes (MBbld) . 45.5 31.2 28.1 Average Crude Oil and Condensate Prices ($/Bbl) . $ 88.18 $ 68.69 $ 62.38 Natural Gas Liquids Volumes (MBbld) . 16.0 12.2 9.3 Average Natural Gas Liquids Prices ($/Bbl) . $ 53.42 $ 47.36 $ 40.25 NYSE Price Range ($/Share) High . $ 144.99 $ 91.63 $ 86.91 Low . $ 54.42 $ 59.21 $ 56.31 Close . $ 66.58 $ 89.25 $ 62.45 Cash Dividends Per Common Share Declared . $ 0.510 $ 0.360 $ 0.240 Diluted Average Number of Common Shares Outstanding . 250.5 247.6 246.1 The Company Highlights EOG Resources, Inc. (EOG) is one • In 2008, EOG reported net income • Following two increases during of the largest independent (non- available to common stockholders 2008, the EOG Board of Directors integrated) oil and natural gas of $2,436 million as compared to again increased the cash dividend companies in the United States $1,083 million for 2007. on the common stock.
    [Show full text]
  • Executive, Management and Board Changes in Canada's Oil & Gas
    March 2019 Executive, Management and Board Changes in Canada's Oil & Gas Market Top Moves Sherri Brillon (left), who Michael J. Faust (left) was has served as Encana named interim president Corporation’s chief and chief executive officer financial officer since 2009, of Obsidian Energy Ltd. for will retire at the end of May. 12 months with an optional Corey Code has been six-month extension. Aaron named executive vice- Smith will assume the president and chief financial officer of Encana, position of senior vice-president of development effective May 1. With Encana since 1999, Code and operations with Obsidian. In related news, most recently served as vice-president, investor David French has stepped down as president relations and strategy. and chief executive officer of Obsidian. French will join Rosehill Resources Inc. as director, president and chief executive, on or before April 30. He succeeds Gary Hanna, who will remain Jason Jaskela (left) will chairman of the company’s board of directors. assume the role of executive vice-president and chief operating officer of Baytex Energy Corp., succeeding Rick Ramsay, who plans to retire on April 5. Jaskela was previously chief operating officer of Raging River Exploration Inc. David Cornhill (left), founder and chairperson of AltaGas Ltd., is stepping down on April 1 as board chair. As of April 2, Pentti Karkkainen will assume the role of chairperson. Karkkainen has more than 30 years of investment management, energy sector research and investment banking experience. Cornhill will remain on the board. On the Move – March 2019 Published on April 4, 2019 1 Management Changes • Alan Withey has been appointed interim vice- • Eileen Marikar has been named vice-president, president, finance and chief financial officer at finance at Keyera Corp.
    [Show full text]
  • Suncor Energy – Investor Presentation 2016 Q1
    Suncor investment thesis Growth from inflight projects Cash generation vs 23 global peers3 Production1 increasembpd 850 $130 ■ Cash flow from operations• (US$/boe) $110 • Free cash flow' (US$/boe) 6% - Brent US$ 750 planned $90 CAGR2/share 650 $70 8% CAGR2/share $50 550 $30 450 $10 2011 2015 2019 -$10 ■ Planned 2012 2013 2014 2015 2016 Q1 Shareholder Return Balance Sheet ::.trength 190% Fiveyeardividend growth (Q1 2011 - Q1 2016) • Dividend per share5 • Buyback per share5,6 Liquidity $9.9 B $3.1 B cash and $6.8 B in available lines ofcredit Investment grade credit rating A1ow/ Moody's Corp (Baa1} Stable DBRS Rating Limited (A Low} NegativeTrend Baal Standard and Poor's Rating Services (A-} NegativeOutlook 2011 2012 2013 2014 2015 SUNC~ 2 • 1, 2, 3, 4, 5, 6 Soe Slide Notes and Advisories. Suncor value proposition Operational excellence • optimizing the base business • disciplined cost management • focus on safety, reliability and sustaina ility 3 SUNCOR) Strong production growth through the end of the decade Suncor's production growth forecast1 (mbpd) Hebron 800 E&P1 700 Syncrude 600 500 Fort Hills 400 Base Oil Sands 300 Firebag MacKay 200 Base Mine 100 Major Oil Sands Turnarounds3 0 2015 2016 2017 2018 2019 Guidance mid-point Planned Planned Planned SUNC~ 4 1, 2, 3 See SlideNotes and Advisories. Investing through the price cycle $7 8 WTI @ 33.50 US$ Available $1.28 credit $6 8 $6.86 8 $1.08 Other growth3 $5 8 $245 M + Cas~1& Capitalized short- erm Cash (8/S) interest de~t Planned $4 8 $0.88 $141 M $1 .1 8 $221 M Divestment5 $1.0-1.5 8 Fort Hills $0.68 $3 8 & Hebron Cash $720M Remaining $3.1 8 Fort Hills & $2 8 $0.48 Dividend Hebron $453M planned Spend4 $1 8 $0.28 $3.1 8 $0.08 ---- $0 8 Cash flow and cash reserves Cash and short term dlebt sustain operations & finance in-flight organic Ample liquidity to fund growth dividend growth Q1 2016 as at March 31, 2016 SUNCOR) 5 1, 2, 3, 4, 5,6 See Slide•Notes and Advisories.
    [Show full text]
  • EOG Resources, Inc. 2016 Annual Report
    1111 Bagby,Sky Lobby 2 P. O. Box 4362 www.eogresources.com 2016 Houston, Texas 77002 Houston, Texas 77210–4362 (713) 651-7000 ANNUAL REPORT EOG RESOURCES, INC. 2016 ANNUAL REPOR O E C R E H T T O T E R O T C O T H E LETTER TO SHAREHOLDERS EOG OPERATIONS WORLDWIDE APREMIUM YEAR better rock, using proprietary 2016 Production 205 MMBoe 2016was alandmark year for precision targeting techniques, and 2016 Year-End Proved Reserves 2,147 MMBoe EOG. Thisisthe year our company applying industry leadingcompletion technology.Incontrast,the U.S. establishedanenduringnew standard UNITED STATES shaleindustry’simprovementoverthe forcapital allocation: thepremiumwell. 2016 Production 181 MMBoe lastseveral years is primarilydue to 2016 Year-End Proved Reserves 2,088 MMBoe The “premium well” standardisa drilling longer laterals. returnhurdle that was initiated as part of our annual capital planning process. We believecombininglongerlaterals TRINIDAD AND TOBAGO withour superior technologywill The goal for the 2016 capital plan was CANADA 2016 Production 21 MMBoe CHINA asimple one driven by EOG’sculture allow EOG to maintain itsindustry 2016 Year-End Proved Reserves 48 MMBoe of capital discipline: earnareturn leadership andcompetitive advantage on every dollar spent and reset the in well performancefor years to come. OTHER INTERNATIONAL company to thrive in alow commodity APREMIUM ACQUISITION 2016 Production 3 MMBoe price environment. We weren’tgoing William R. Thomas 2016 Year-End Proved Reserves 11 MMBoe to bank on arecovering commodity Our transactionwith YatesPetroleum price to drive capital investment was truly transformative. Combining Chairman of the Boardand Chief returns in 2016. YatesPetroleum’sworld classacreage Executive Officer withEOG’s technical leadership is We didn’t realize at the timethatthe theperfectexample of one plusone premium well standardwould be an equals three.
    [Show full text]
  • Canadian M&A Perspectives
    Canadian M&A Perspectives Ryder Scott Canada – Annual Reserves Conference May 10, 2016 TECHNICAL PIONEER AND Scotia Waterous GLOBAL LEADER IN OIL AND GAS M&A AUSTRALIA BAHAMAS BRAZIL CANADA CHILE CHINA COLOMBIA DUBAI FRANCE HONG KONG INDIA IRELANDJAPAN KOREA MALAYSIAMEXICO PERU SINGAPORE TAIWAN THAILAND UNITED KINGDOM UNITED STATES Scotia Waterous Scotia Waterous is the leading technically-focused upstream investment banking and M&A advisory firm, with global offices in Houston, London, Calgary and Hong Kong • Unrivalled market intelligence from conducting ~50 M&A mandates per year globally London Calgary Houston Hong Kong Scotiabank Oil & Gas Offices 1 Canadian M&A Perspectives – Where are all the deals?? 1. Setting the Scene – Macro Environment 2. Canadian M&A Market Update 3. Outlook – 2016 and Beyond Appendix I. M&A&D Activity II. Comparable Valuation Analysis 2 Setting the Scene – Macro Environment Section 1 The Canadian Energy Environment Today “Loonie surges to nine-month high as commodity prices add on gains” April 20, 2016 “Oil jumps despite glut, hits 2016 peaks on weak dollar” April 28, 2016 “Forget Justin Trudeau, it’s oil that’s driving this loonie rally” April 28, 2016 “Premier Rachel Notley talks carbon tax” March 3, 2016 “How Hillary Clinton’s tone has shifted on fracking” April 14, 2016 “TransCanada Fights Keystone Denial With $15 Billion Appeal” January 6, 2016 “Oil and gas sector says investment will drop by $50B” April 7, 2016 “Alberta sets out details for new oil and gas royalty framework” April 21, 2016 4 Significant
    [Show full text]
  • Impacts and Mitigations of in Situ Bitumen Production from Alberta Oil Sands
    Impacts and Mitigations of In Situ Bitumen Production from Alberta Oil Sands Neil Edmunds, P.Eng. V.P. Enhanced Oil Recovery Laricina Energy Ltd. Calgary, Alberta Submission to the XXIst World Energy Congress Montréal 2010 - 1 - Introduction: In Situ is the Future of Oil Sands The currently recognized recoverable resource in Alberta’s oil sands is 174 billion barrels, second largest in the world. Of this, about 150 billion bbls, or 85%, is too deep to mine and must be recovered by in situ methods, i.e. from drill holes. This estimate does not include any contributions from the Grosmont carbonate platform, or other reservoirs that are now at the early stages of development. Considering these additions, together with foreseeable technological advances, the ultimate resource potential is probably some 50% higher, perhaps 315 billion bbls. Commercial in situ bitumen recovery was made possible in the 1980's and '90s by the development in Alberta, of the Steam Assisted Gravity Drainage (SAGD) process. SAGD employs surface facilities very similar to steamflooding technology developed in California in the ’50’s and 60’s, but differs significantly in terms of the well count, geometry and reservoir flow. Conventional steamflooding employs vertical wells and is based on the idea of pushing the oil from one well to another. SAGD uses closely spaced pairs of horizontal wells, and effectively creates a melt cavity in the reservoir, from which mobilized bitumen can be collected at the bottom well. Figure 1. Schematic of a SAGD Well Pair (courtesy Cenovus) Economically and environmentally, SAGD is a major advance compared to California-style steam processes: it uses about 30% less steam (hence water and emissions) for the same oil recovery; it recovers more of the oil in place; and its surface impact is modest.
    [Show full text]
  • Alberta Site Rehabilitation Program Period 5 Eligible Licensees and Allocation Eligibility Amounts
    Alberta Site Rehabilitation Program Period 5 Eligible Licensees and Allocation Eligibility Amounts Please see the Supplemental Guidelines as well as the Main Guidelines for the Program for full details Period 5 Licensee Name Allocation Amount 2155192 Alberta Ltd. $15,845.09 2214896 Alberta Ltd. $121,809.11 611890 Alberta Inc. $35,651.45 840586 Alberta Ltd. $13,864.45 ACCEL Canada Holdings Limited $960,608.45 Conifer Energy Inc. $464,459.14 Acquisition Oil Corp. $302,046.99 Advantage Oil & Gas Ltd. $460,497.87 Aeneid Exploration Inc. $54,467.49 Aeraden Energy Corp. $113,886.57 AlphaBow Energy Ltd. $3,704,779.60 Altima Resources Ltd. $1,980.64 Amicus Petroleum Inc. $123,789.75 Anegada Oil Corp. $123,789.75 APL Oil & Gas (1998) Ltd. $8,912.86 Apogee Petroleum Inc. $331,756.53 ARC Resources Ltd. $2,664,945.71 Artis Exploration Ltd. $89,128.62 Ascensun Oil and Gas Ltd. $124,780.07 Aspenleaf Energy Limited $278,279.35 ATCO Energy Solutions Ltd. $68,331.94 Athabasca Oil Corporation $550,616.80 Avalon Energy Ltd. $35,651.45 Avila Exploration & Development Canada Ltd $21,787.00 Axiom Oil and Gas Inc. $219,850.59 Baccalieu Energy Inc. $249,560.13 Barnwell of Canada, Limited $110,915.62 Barrel Oil Corp. $196,083.36 #Classification: Public Page 1 of 10 Alberta Site Rehabilitation Program Period 5 Eligible Licensees and Allocation Eligibility Amounts Please see the Supplemental Guidelines as well as the Main Guidelines for the Program for full details Period 5 Licensee Name Allocation Amount Battle River Energy Ltd.
    [Show full text]