PJT Partners Investment Banking Pitch Book slide image

PJT Partners Investment Banking Pitch Book

South Texas (Eagle Ford) Well Level Details WELL DETAILS Assumptions W NRI IP (Bod) Initial Decline Rate B-Factor Terminal Decline Oil EUR (MBO) Locations Gross Locations Net Location Economics (¹) PV-10 (SM) IRR Cap Ex (SM) TYPE CURVES Cumulative Oil (MBO) 300 250 200 150 100 50 0 STX Eagle Ford Tier 1 7,500' 0 2 4 6 8 31.0% 24.0% 750 61.0% 1.25 6.0% 830 49 15 $7,900 87.0% $5,575 STX Eagle Ford Tier 2 7,500* 42.0% 32.0% 630 52.0% Note: As of November 2017. (1) Economics shown on an 8/8ths basis; IRR assumes $3.00/MMBtu and $50.00/bbl. 1.25 6.0% 580 38 17 $3,500 40.0% $5,575 Old forecast, not necessarily representative of Company's current business plan and financial forecast 10 12 14 16 18 20 22 24 26 28 30 32 34 36 38 40 42 44 46 48 50 52 54 56 58 60 Months -STX Eagle Ford Tier 1.7,500' STX Eagle Ford Tier 2 7,500' 22 DRAFT
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