Battalion Oil Corporation · AMEX:BATL
Battalion Oil — Halcon Resources — Investor Presentation (August 2019)
6 slides from Battalion Oil's investor presentation, Aug 5, 2019
Slide 1: Disclaimer
Disclaimer 2 The information contained herein (the “Confidential Information”), including any financial projections and forecasts, was not prepared with a view toward public disclosure or compliance with the published guidelines of the Securities and Exchange Commission (“SEC”) or the guidelines est
Slide 2: Corporate Projections
Production (Mboe/d) Adjusted EBITDA ($MM)(1) Capex ($MM) Unlevered Free Cash Flow 3 Corporate Projections ___________________________________ Note: Pricing assumes 5 year strip as of 7/26/2019. Excludes Non-Cash G&A. Includes capex for items such as A&D, Leasehold, G&G, Capitalized G&A, ARO and Stac
Slide 3: Company Forecast and Rig Plan
Company Forecast 1-2 Rig Plan 4 ___________________________________ Note: Pricing assumes 5 year strip as of 7/26/2019. Strip Price Deck as of 07/26/19 2019 2020 2021 2022 2023 WTI ($/bbl) $56.51 $55.04 $53.29 $52.65 $52.84 HHUB ($/MMbtu) $2.26 $2.46 $2.54 $2.59 $2.67 NGL ($/bbl) $20.11 $20.74 $21.3
Slide 4: Internal Reserve Report Summary
Internal Reserve Report Summary 5 ___________________________________ Note: Pricing assumes 5 year strip-to-flat as of 7/26/2019. 7/1/2019 effective date. Locations Net Modeled Resource Capex NPV Asset Category Net WI Locations Oil (MMbbls) Gas (MMcf) NGL (Mbbls) Equivalent (MMBoe) ($MM) 10% Proved
Slide 5: Draft Week Cash Flow Forecast
Draft 13 Week Cash Flow Forecast As of July 23, 2019 6 Ch 11 Emergence Strip Pricing - NYMEX 7/19 Actual Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Total Week of Forecast ==> Wk-0 Wk-1 Wk-2 Wk-3 Wk-4 Wk-5 Wk-6 Wk-7 Wk-8 Wk-9 W
Slide 6: Draft Week Cash Flow Forecast
Draft 13 Week Cash Flow Forecast As of July 23, 2019
Halcon Resources — Investor Presentation (August 2019) on 6ix