View this Presentation - Penn Virginia Corporation
View this Presentation - Penn Virginia Corporation
View this Presentation - Penn Virginia Corporation
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Increasing Liquids Production<br />
• Since 2011, PVA has consistently grown its<br />
annual liquids production<br />
Production Mix Over Time<br />
• The Acquisition will significantly increase<br />
liquids production and overall production<br />
growth<br />
52%<br />
47%<br />
33%<br />
• In 2013, 92% of PVA’s capex program will be<br />
allocated to the Eagle Ford<br />
72%<br />
12%<br />
• Expected to run six rigs in 2013, post<br />
acquisition<br />
14%<br />
13%<br />
• Shift in liquids focused production has resulted<br />
in 2012 pro forma production being 53%<br />
liquids<br />
• 40% oil and 13% NGLs<br />
12%<br />
17%<br />
35%<br />
40%<br />
55%<br />
2011 2012 2012 PF 2013E<br />
Oil & Condensate NGLs Natural Gas<br />
Note: 2013 annual crude oil and NGLs production mix guidance of 64.5% ‐ 69.4%.<br />
18
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