Energy Corporation Resolute Energy is a regionally diversified growth oriented E&P company focused on long-lived Investor Presentation domestic oilEnergy producing assets Corporation February 2013
Competitive strengths Bakken Management team has a long history of Williston Basin building value in the oil and gas business Strong technical staff Big Horn Basin Hilight Field Expect to report 15% production growth Powder…
Reserves and production overview Quarterly net production and percent liquids 11,000 82% 81% 81% 83% 83% 100% 90% Year-end 2011 SEC case 10,000 78% 80% Proved reserves: 65 MMBoe 9,000 8,000 70% PV10 1.14 billion R/P ratio…
Aneth Field
Aneth Field overview Aneth quarterly net production Year-end 2011 SEC case: 7,000 Proved reserves: 56 MMBoe 6,500 PV10 1.01 billion Boe per day 6,000 R/P ratio of 26 years 5,500 Gross production since acquisition 5,000…
Aneth Field 56 years young Aneth cumulative CO2 injection Aneth Unit Phases 1, Successful 1992 pilot 2 and 3: Injection project initiated in 2008; demonstrated CO2 response Aneth Unit Phase 4: injection initiated in 2011; seeing…
Permian Basin
Permian Basin Permian Basin map Core area consists of three principal project areas 37,500 gross (17,000 net) acres Midland Basin Wolfberry play Delaware Basin Wolfbone play NW Shelf in Lea County, NM Two acquisitions in Q4 2012…
Permian Basin Pro forma Permian Basin statistics Q4 2012 acquisitions Celero - Howard and RSP - Midland and Base assets Lea counties 1 Ector counties 1 Pro forma Q3 2012 production (MBoe) 55.2 130.5 96.6 282.3 Q3 2012 Boepd 600…
Permian Basin Year-end 2011 SEC case: Permian Basin quarterly net production Proved reserves: 3.5 MMBoe 600 PV10 52.1 million 500 Acquired reserves of 9.2 MBoe in Q4 Boe per day 2012 400 300 Meaningful drilling…
Midland Basin - Howard and Martin counties Wolfberry Resolute operated OTB property OTB property acreage map 750 gross acres (100% WI) in active area - foothold for future expansion Resolute operated property with additional…
Midland Basin - Howard County Wolfberry Celero acquisition Located six miles SE of OTB Howard County acreage map 23 wells produced 377 net Boepd in Q3 2012 (avg. 64% oil) Upside 64 proved and probable locations 66 uphole…
Delaware Basin Reeves County Wolfbone Delaware Basin acreage map 24,000 gross (8,100 net) acres; 23 producing wells Targeting Bone Spring and Wolfcamp oil plays (Wolfbone) Two-thirds of acreage expected to be held by production…
Delaware Basin - Reeves County Nearby horizontal activity Reeves County horizontal activity As reported by EOG on February Resolute leasehold 13, 2013: Resolute vertical EOG Harrison Ranch 56 Hz permits 1001H, tested 635 Bopd,…
Permian Basin Lea County, New Mexico Denton Field Lea County acreage map 39 wells produced 833 net Boepd Q3 2012 (avg. 89% oil) Upside Deeping of existing wells 20-acre downspacing Land 2,880 gross / 2,770 net acres 100% HBP…
Bakken
Williston Basin Bakken trend Thermally mature Bakken 32,000 net acres located in the Bakken trend in Williams and McKenzie counties, NEW HOME North Dakota New Home: 23,500 net acres (outside Nesson Rough operated) Rider…
Bakken trend overview Bakken quarterly net production Year-end 2011 SEC case: 1,000 Proved reserves: 1.3 MMBoe PV10 18.1 million 800 Approximately 145 potential net Boe per day well locations 600 400 200 0 Q2 2011…
Wyoming
Hilight Field Hilight quarterly net production Year-end 2011 SEC case: 2,000 Proved reserves: 4 MMBoe PV10 62 million 1,600 Free cash flow Boe per day 1,200 Attractive unit economics 800 Low reinvestment requirement…
Hilight Field opportunities Hilight Field map Legacy Muddy formation field 3D seismic Niobrara with 150 MMBoe OOIP Hilight Field Mowry 45,000 acres HBP production 8000 Stacked formations include: Niobrara Devon Turner…
Summary highlights Longlived, oil producing properties with strong margins Diversified Experienced inventory of low management and risk and lowcost operating team opportunities Strong financial Significant…
Resolute investor contacts HB Juengling Vice President Investor Relations (hbjuenglingresoluteenergy.com) Theodore Gazulis Executive Vice President and Chief Financial Officer (tgazulisresoluteenergy.com) Corporate Headquarters: 1675…