Ranger Acquisition Adds Quality Eagle Ford Scale
U.S. LIGHT OIL: OPERATED EAGLE FORD
Consistent Performance Improvement
Strength Relative to Local Peers
Cumulative Well Production by Year (2)
300,000
$
Competitive
Performance
Across the Oil Window
since 2020
Relative to Large Peers(1)(2)
on Immediately Adjacent Acreage
250,000
Cumulative 2 Phase Production (boe)
250,000
200,000
150,000
100,000
2023
Ganymede
Pad
2022
50,000
2021
Cumulative boe per 8,000 foot lateral
0
6
12
18
24
30
Months
200,000
6-Month Cumulative Productivity (2)
(boe/foot)
150,000
100,000
ROCC
ROCC
ROCC
12.8
12.6
12.4
12.2
50,000
12.0
11.8
16 month
18 month
24 month
11.6
11.4
(1)
MRO data set includes all 27 wells since 1/1/2020, EOG data set includes all 143 wells since 1/1/2020,
ROCC data set includes all 106 wells since 1/1/2020
11.2
2011-2014
2015-2019
2020-2021
2022
(2) Source: Enverus
BAYTEX ENERGY NYSE/TSX BTE
16
2020
2019
2018
2017
$ 2016View entire presentation