Obsidian Energy Ltd · TSX:OBE
Obsidian Energy — Peters & Co. Energy Conference 2021
9 slides from Obsidian Energy's conference presentation, Sep 14, 2021
Slide 1: Obsidian Energy Ltd. Peters & Co. Energy Conference
Obsidian Energy Ltd. Peters & Co. Energy Conference September 14 – 16, 2021 TSX: OBE OTCQX: OBELF
Slide 2: Advisory
ADVISORY OVERVIEW 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 months and six months ended June 30, 2021. All dollar amounts contained in this presentation are expressed in
Slide 3: Corporate Overview
CORPORATE OVERVIEW OVERVIEW World class assets and experienced team delivering value People, assets, discipline, return-focus and execution strength CORPORATE SUMMARY MARKET SUMMARY Production 2021E 24,000 – 24,400 boe/d Shares outstanding 74.9 million Production mix (2021E) 64% oil and liquids Mark
Slide 4: Leading Cardium Play Areas
LEADING CARDIUM PLAY AREAS ASSETS Our growth foundation with ample development locations for years to come FIELD HISTORY CARDIUM PRODUCTION (Q2 2021) Q2 2021 Cardium production ~20,400 boe/d ‣ One of North America’s most significant light oil fields 25% ‣ Development since the 1950’s; various phases
Slide 5: Our Two-Year Corporate Plan
OUR TWO-YEAR CORPORATE PLAN STRATEGY Significant growth in free cash flow accelerates debt reduction PRODUCTION OUTLOOK (boe/d) 2021 updated guidance reflects higher production, 7% increase in capital spending and higher commodity prices 26,400 24,400 25,400 25,404 24,000 2020 2021E 2022F WTI US$39/
Slide 6: Why Invest in Obsidian Energy?
WHY INVEST IN OBSIDIAN ENERGY? SUMMARY Obsidian Energy offers upside potential for shareholders ‣ Strategy focused on maintaining operational excellence, improving our debt leverage and delivering top quartile total shareholder returns ‣ Dominant Cardium land position and deep inventory of high-retu
Slide 7: Endnotes
ENDNOTES ENDNOTES Slide 3: Corporate Overview Slide 5: Our Two-Year Corporate Plan Market capitalization and Enterprise value was determined at the close of business on September 10, Estimates based on WTI forecasts of US$60/bbl and US$70/bbl. Net Debt based on the second quarter 2021. Common shares
Slide 8: Forward-Looking Information Advisory
FORWARD-LOOKING INFORMATION ADVISORY ENDNOTES Certain statements contained in this document constitute forward-looking statements or information All slides in this presentation should be read in conjunction with the full endnotes in Obsidian (collectively "forward-looking statements") within the mea
Slide 9: Forward-Looking Information Advisory (Cont.)
FORWARD-LOOKING INFORMATION ADVISORY (CONT.) ENDNOTES Although the Company believes that the expectations reflected in the forward-looking statements contained in this document, and the assumptions on which such forward-looking statements are made, are reasonable, there can be no assurance that such
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