1 / 24

Seaview Energy SEPAC 2009 Fall Investor Showcase

Corporate Snapshot. High growth junior exploration and production companyRecord production levels of 2,513 boe/d in Q3-09 marks 8th consecutive quarter of growth, achieving quarterly CGR of 25% per share since inceptionCurrent production over 3,000 boe/d with 350 boe/d to come online by year-end

velika
Download Presentation

Seaview Energy SEPAC 2009 Fall Investor Showcase

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


    1. Seaview Energy SEPAC 2009 Fall Investor Showcase

    2. Corporate Snapshot High growth junior exploration and production company Record production levels of 2,513 boe/d in Q3-09 marks 8th consecutive quarter of growth, achieving quarterly CGR of 25% per share since inception Current production over 3,000 boe/d with 350 boe/d to come online by year-end Solid financial position to support long term growth potential $52 mm, credit facility, drawn to $35.7 mm at Q3-09 (69% utilization) Strong hedging program in 2009, and 2010 providing downside protection 2009 – 55% production hedged at $7.42/mcfe minimum price 2010 – 30% production hedged at $6.45/mcfe minimum price Recently completed successful fall drilling program 6 well (5.75 net) fall drilling program targeting conventional prospects: Estimated initial production adds of 1,433 boe/d Achieved capital efficiency of less than $5,000 boe/d with sub $4.00/boe F&D costs

    3. Corporate Leadership

More Related