PJT Partners Investment Banking Pitch Book
North Louisiana
Attribute
Total Acreage(1)
Active Wells
Production
Targeted
Formations
Q2 '17 Results
(1) As of 12/31/16.
Key Features
50,800 net acres (38,000 shale)
100% HBP
424 operated wells flowing to sales
Q2 2017: 131 Mmcfe/d
Haynesville
Bossier
Produced 131 Mmcfe/d, a decrease
of 3 Mmcfe/d, or 2%, from Q1 2017
3 rig drilling program for the remainder
of 2017
Turned-to-sales 3 gross (2.7 net)
operated Haynesville shale wells and
1 gross (0.8 net) cross-unit Bossier
shale well in 2017
2017 HSVL wells completed with 3500
lbs/ft are outperforming HSVL offset
wells, which were completed with 2700
lbs/ft. Current EUR expectation is
greater than 2.2 Bcf/1000'
2017 BSSR well completed with 3500
lbs/ft is outperforming older BSSR well
completed with 2350 lbs/ft based on 5
months of production history
NORTH LOUISIANA OVERVIEW
TX
Harrison
Panola
291
310
NET PRODUCTION (MMCFE/D)
329
286
259
LA
Caddo
DeSoto
235
217
193
207
231
197
174
151 146
TX LA
Bossier
Bienville
Red River
EXCO Acreage
159.
149
134 131
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
13 13 13 13 14 14 14 14 15 15 15 15 16 16 16 16 17 17
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