Chord Energy Corporation · NASDAQ:CHRD
Chord Energy — Oasis Petroleum — Presentation (September 2020)
8 slides from Chord Energy's investor presentation, Sep 30, 2020
Slide 1: Cleansing Materials
~ Strictly Confidential – Subject to Confidentiality Agreements; Preliminary and Subject to Material Review ~ Strictly Confidential Cleansing Materials
Slide 2: Forward-Looking / Cautionary Statements
Strictly Confidential Forward-Looking / Cautionary Statements Forward-Looking Statements Non-GAAP Financial Measures This presentation, including the oral statements made in connection herewith, contains Cash Interest, Adjusted EBITDA, E&P Cash G&A, Free Cash Flow, Adjusted Net Income (Loss) forward
Slide 3: Post Emergence Focus
Strictly Confidential Post Emergence Focus Oasis Management will work with the new Board of Directors on a plan that focuses on significant free cash flow generation and corporate returns Significant free cash flow generation □ Oily, high margin PDP asset base □ Midstream ownership (retained DevCo
Slide 4: Williston & Delaware Undeveloped EURs / Inventory
Strictly Confidential Williston & Delaware Undeveloped EURs / Inventory Williston EUR & Type Curve Summary | Select Development Areas Delaware EUR & Type Curve Summary | Select Development Areas North- North- North- Wild Basin Indian Hills North Alger City of South BS3 Central Central Central BK Onl
Slide 5: OAS Financial Forecast Summary (Unconsolidated)
Strictly Confidential OAS Financial Forecast Summary (Unconsolidated) Development Case | NYMEX Strip Price Deck ($ in millions, unless otherwise noted) 2019A 2020E(1) 2021E 2022E 2023E 2024E Benchmark Prices (NYMEX Strip) WTI ($/Bbl) $57.03 $39.14 $43.22 $44.68 $45.72 $46.71 HHub ($/MMBtu) $2.57 $2.
Slide 6: OMS Financial Forecast Summary
Strictly Confidential OMS Financial Forecast Summary ($ in millions, unless otherwise noted) 2020E 2021E 2022E 2023E 2024E Development Case 8/8ths EBITDA(1) Bighorn DevCo $71 $67 $50 $35 $36 Bobcat DevCo 112 119 95 73 63 Beartooth DevCo 36 34 32 32 28 Panther DevCo 9 8 12 13 16 Other OMP(2) - - - -
Slide 7: Internal Reserve Database Summary (Unconsolidated)
Strictly Confidential Internal Reserve Database Summary (Unconsolidated) Development Case @ NYMEX Strip | 12/1/20 Effective Date Locations Net Modeled Resource Net DC&E Capex NPV - 0% ($MM) NPV - 10% ($MM) Reserves Category Gross Net Oil (MMBbl) Gas (Bcf) Equivalent (MMBoe) ($MM) NYMEX Strip NYMEX S
Slide 8: DIP Cash Flow Forecast - Weekly
Strictly Confidential DIP Cash Flow Forecast - Weekly Assumed Filing Week: 02-Oct-20 / Assumed Exit Week: 20-Nov-20 October (4) November (4) Actual Actual Actual Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Strip Price as of 9/17/20 Week (3) Week (2) Week (1) Week 1 Week 2