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Encana Corporation
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2016 Investor Day
| Doug Suttles; David Hill; Michael McAllister; Renee Zemljak; Jeff Balmer; Jim Roberts; Eric T. Greager; Sherri Brillon | Page 74 of 11 |
November 21, 2024
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4 7 0 100 200 300 400 500 0 30 60 90 120 150 180 210 240 270 300 330 Cumulative MBOE Producing Days 2017 Type Curve 12-25-071-09 15-31-071-08 05-14-072-09 VOLATILE OIL (>250 bbls/MMcf) Pipestone Well Performance Type Curve IP180 Condensate = 850 bbls/d IP180 Gas = 2.7 MMcf/d EUR = 1.4 MMBoe D&C = $4.0 MM Lateral Length = 9,000 ft 14-1 Pad 5-14 and 15-31 wells 12-25 Well 12-25 5mi / 8km 14-1 Pad (5-31, 5-14) All metrics based on $3.0/MMBtu NYMEX, $55/bbl WTI, and $0.75 FX, $0.90 AECO basis differential Type Well Metrics – ECA Net Atax IRR (%) 120% Operating Margin ($/BOE) $19 Pipestone Acreage 8 • Located in core of central region – Active area for industry – Condensate and oil development • Condensate ratios up to 250 bbls/MMcf • ~64,000 contiguous acres, 60% WI • ~2,400 premium well inventory • Up to 6 stacked HZ horizons ENCANA TOWER Robust Condensate Production Encana Land Basin Core Encana Tower Acreage Condensate Rich Trend HZ Development ~1,000’ Condensate Acreage Stacked HZ Dev. Alberta 40mi / 65km British Columbia TOWER TOWER