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EOG Resources Inc
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November 2012 Investor Presentation Update
| Marie A. Baldwin | Page 13 of 11 |
November 23, 2024
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"November 2012 Investor Presentation Update"
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EOG_1112 v2-11 * Based on full-year estimates as of November 5, 2012. Exploration and Development 82% Exploration and Development Facilities 9% Gathering, Processing and Other 9% 90% Focused on High ROR Crude Oil or Liquids-Rich Opportunities -Remaining 10% Allocated Primarily to Dry Gas Drilling to Retain Acreage -Large Natural Gas Resource Acreage Held by YE 2012 Targeting Total Asset Sales of $1.3 BnProperties to Maintain <30% Net Debt-to-Total Cap Ratio at YE 2012 -$1.2 BnAlready Closed Through End of September 2012 2012E Capex $7.6 Bn* Including Facilities and Midstream Expect Continued Strong Best-in-Class Double-Digit Liquids Growth 2013 CapexWill Decline Below 2012 Levels -Eagle Ford and BakkenOil are Primary CapexFocus -Negligible Dry Gas Drilling $100 MM At Decent Oil Prices ?Very Manageable Funding Gap No Equity Issuance 2013E Outlook 2012