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Murphy Oil Corporation
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2016 Barclays CEO Energy-Power Conference
| Roger Jenkins | Page 23 of 11 |
November 21, 2024
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"2016 Barclays CEO Energy-Power Conference"
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Kaybob Duvernay & Placid Montney Kaybob Duvernay • 70% WI, Operatorship • 232,000 Gross Acres (200,000 Currently Prospective) • 3Q 16 Estimated Production: ~2,800 boepd • 500 – 700 Mboe Estimated Per Well EUR (55 – 80% Liquids) • Area Includes 247,000 Gross Acres of Overlying Conventional Montney Rights Placid Montney • 30% WI, Non-Operated • 60,000 Gross Acres (21,000 Currently Prospective) • 3Q 16 Estimated Production: ~800 boepd • 750 Mboe Estimated Per Well EUR (30 – 40% Liquids) Ownership in Local Infrastructure with Ample Capacity Low Entry Cost – Top Quartile Field Life F&D Multi-Year Running Room with Resource Upside Long Term Condensate Demand from Regional Heavy Oil Projects Established In-House Expertise & Preferred Partner Duvernay/Montney Rights Montney Non-op Area JV Area KAYBOB KAYBOB PLACID PLACID