Unit Corporation - EnerCom, Inc.
Unit Corporation - EnerCom, Inc.
Unit Corporation - EnerCom, Inc.
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Marmaton Oil Play<br />
Total 113,000 net acres in focus area (47% HBP)<br />
HIGHLIGHTS<br />
• Completed 95 operated horizontal wells since 2010<br />
• 150 potential locations on 640 acre spacing<br />
• Estimated reserve range: 120 - 130 MBoe per well<br />
• Current AFE CWC: $2.7 million per well<br />
• Calculated ROR 80% - 100% (Flat $90 oil, $30 NGL, $3.25 gas)<br />
Focus<br />
Area<br />
• First sales on 32 horizontal wells (includes two extended<br />
laterals) in 2012<br />
• 30 day IP 391 Boe per day for 2012 wells<br />
• Production up 61% in 2012 over 2011<br />
2013 ACTIVITY<br />
• Q1 2013 average net 4,148 Boe per day (92% oil & NGLs)<br />
• Q1 – 10 wells completed – 30 day IP = 393 Boe per day<br />
• Two <strong>Unit</strong> rigs (3 rd rig for 4 wells)<br />
• Estimate first sales on 40 gross wells (includes 3 extended<br />
laterals)<br />
• Estimate capital expenditures $90 million net 9
Change language