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ARC Resources Ltd
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July 2015 Investor Presentation
| Myron Stadnyk | Page 45 of 11 |
November 23, 2024
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"July 2015 Investor Presentation"
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0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 0 3 6 9 12 15 18 21 24 27 30 33 36 Gas Rat e (M cf/d ) Months Dawson Development Economics 95% Rate of Return Flat at $3/GJ AECO and C$55/bbl • Liquid yield assumptions: Condensate 3 bbl/mmcf, NGL 2 bbl/mmcf • Assumed Cycle Time (from spud to on production): 4 months • Type curve is an internal estimate based on analog wells and reservoir modeling • Recycle ratio is calculated using first 12 months of undiscounted netback divided by F&D Key Metrics C$85/bbl & C$3/GJ C$55/bbl & C$3/GJ(1) DCET Capex per well ($MM) 5.5 4.4(1) Reserve estimate (Bcf) 7.4 7.4 IP (1 mo) (MMcf/d) 6.2 6.2 IP (12 mo) (MMcf/d) 5.4 5.4 Half Cycle Economics IRR (% AT) 65% 95% Recycle Ratio 4.2 5.0 (1) Includes estimated 20% capital savings