Horizontal Well Review Initial Rate Current Rate First Project Oil Gas Oil Gas Comments Production West Delta 73 Program Big Sky II Sep 13, 2012 2,830 1,300 775 2,050 Water production coming from toe Weimer Oct 27, 2012 1,425…
Main Pass Field Expands Again Tweener Monte Ca rlo Ca ma cho Pod A Pod B Don Toma s MP62 MP61 MP73 6
Horizontal Program Economics Net Capital PV10 Program Net MMBOE %Oil Disc. P/I (MM) (SMM) West Delta 73 50.9 7.7 92% 283 5.8 Grand Isle 16 31.1 0.9 78% 22 0.7 South Timbalier 54 21.2 0.9 92% 18 0.9 Main Pass 61 26.0 0.7 94%…
Growing With the Right Partners ExxonMobil JV 8
EXXI Trades at Discount to NAV Category1 PV-10 /Share2 Proved Developed Reserves 3,229 36.82 Proved Undeveloped Reserves 1,239 14.12 Net Debt3 (1,197) (13.65) Total Net Proved Value 3,271 37.29 Probable Reserves 1,700 19.38…
Production Ramp-Up SP49 A-17 Vanguard Slider Camacho Glacier Bayou Carlin Bearclaw Acquisition Gelato Downtime Maroon Viper Iceman Downtime Current Production 50,000 BOE/d 1/1/2013 6/30/2013 13
Shareholder Value Creation Development Activity Proved up larger MP area Confirmed new SP49 reservoir Added drilling locations Horizontal Drilling Added reserves Hedging Spent 129 MM Implemented downside Added 358 MM of PV10…
Contact Stewart Lawrence, IRO Greg Smith, Director of IR Energy XXI (Bermuda) Limited Energy XXI (Bermuda) Limited 1021 Main Street, Suite 2626 1021 Main Street, Suite 2626 Houston, Texas 77002 Houston, Texas 77002 713.351.3006…