Energy Corporation Resolute Energy is a regionally diversified growth oriented E&P company Investor presentation focused on long-lived Play by Play Conference domestic oilEnergy producing assets Corporation May 2013
Resolute overview Company history Market capitalization1 655.8 million SEC PV102 1.26 billion 2004 Resolute formed Long term debt3 690 million Aneth Field: Assets Shares outstanding4 76.9 million acquired from Debt to…
The path forward Foundation assets growth potential Aneth Field Permian Properties Hilight Field Foundation asset Stable development Exploration opportunities 29% production growth 41,100 gross (20,300 net) Organic growth…
Our operating areas Pro forma proved reserves are 89% liquids Areas of operation Proved reserves by area(1) Bakken properties Wyoming properties Aneth Field Denver headquarters properties 2013 capital expenditures by…
Permian Basin
Permian Basin Pro forma year-end 2012 SEC case1: Proved reserves: 23.8 MMBoe PV10 362 million Acquired reserves of 20.6 MBoe in Q4 2012 and Q1 2013 Meaningful drilling opportunities 400 gross vertical locations 70 gross…
Permian Basin Transformational asset base 41,100 gross (20,300 net) acres, Permian Basin map 90% HBP, 58% oil, 55% proved developed and 85% operated Q1 pro forma production 5,030 Boe/d1 Core consists of three principal projects…
Gardendale development Commencing horizontal program in 2013 Midland Basin 2013 drilling objectives Three horizontal wells targeting the Wolfcamp Twenty vertical wells Highly attractive economics Additional prospective horizontal…
Midland Basin Wolfberry Howard and Martin counties Resolute-operated OTB property OTB property acreage map 750 gross acres (100% WI) Additional development opportunities Targeting Mississippian, Cline, Wolfcamp and Spraberry…
Midland Basin Wolfberry Howard County Celero acquisition Located six miles SE of OTB Howard County acreage map Produced 225 net Boe/d in Q1 2013 (67% oil) 2013 planned activity 10 gross (5 net) wells Drilled 4 gross (2 net)…
Permian Basin Lea County, New Mexico Denton Field Lea County acreage map Produced 800 net Boe/d Q1 2013 (88% oil) 2013 planned activity Purchase and evaluate 3-D seismic survey Land 2,880 gross / 2,770 net acres 100% HBP…
Permian Basin highlights May 24, 2013 Resolute close was 8.53 Resolute has a substantial position in the Permian Basin: Production of 5,030 Boe/d (approximately 37% of total company production)1 Capital spending for 2013 estimated…