SYNERGY RESOURCES CORPORATION DELIVERING ENERGY BY DELIVERING RESULTS EnerCom s The Oil & Gas Conference 16 August 2011
Introductions Key Senior Executives Industry Leading Oil and Gas Exploration, Production and Distribution Team: Company s Management has Owned/Operated Over 300 Wells in the Last 25+ years. Key Corporate Executives Edward Holloway,…
Introductions - Board of Directors Edward Holloway William E. Scaff, Jr. Director June 2008 Director June 2008 Raymond E. McElhaney* Bill M. Conrad* Director May 2005 Director May 2005 R.W. Bud Noffsinger, III* George Seward…
Company Overview Independent operator in the exploration and production of crude oil and natural gas focusing on the Denver-Julesburg Basin. Identify opportunities, acquire acreage, drill and develop producing wells by leveraging…
Highlights Snapshot Concentration 400+ Lower-risk drilling locations in the in Wattenberg Wattenberg Field 100+ wells in the permitting Field: process Upside Horizontal Drilling in Niobrara 30 potential Potential horizontal wells…
Current Producers in the Wattenberg and D-J Basin Chesapeake Energy Corporation (NYSE: CHK) Market Cap 19.6B Recently sold part of their interest in the Niobrara for over 4,800 per acre total consideration Noble Energy (NYSE:NBL)…
Leased Acreage Significant number of vertical wells in the Codell/Niobrara/J-Sands formations Highly prospective for the horizontal Niobrara Advancements in horizontal drilling, coupled with the relatively untapped potential of the…
Strengths of the Wattenberg Field Efficient use of capital Build reserves and cash flow to fund future drilling program Significant upside potential from multiple pay zones and horizontal wells targeting the Niobrara. Low…
Leveraging New Technology New technology leads to improved drilling efficiencies, reduced costs and increased production; including: The use of directional drilling: Reduces drilling costs, increases drilling success rates and…
Synergy Resources Corporation 50 Wells Drilled Wattenberg Field TK Farms Wells-Sec.36, T7N, R66W- 5 wells in production Northridge Wells- Sec.4, T5N, R66W- 6 wells in production Wiedeman Wells-Sec.32, T6N, R66W- 4 wells in…
Financial Profile and Recent Developments FINANCIAL PROFILE: NYSE/AMEX:SYRG SYRG Lists on NYSE/AMEX (metrics in million except per share statistics) July 26, 2011 52 week stock price range: 1.95 - 4.90 Share Price as of August 11,…
Revenue Growth Per Quarter Revenue Mix for MRQ: Oil = 79% Gas = 19% www.synergyresourcescorporation.com NYSE/AMEX: SYRG 13
Summary of PEM Acquisition The ( PEM ) Petroleum Exploration and Management Assets acquisition consist of: 88 producing oil and gas wells (40 net wells) Oil and gas leases covering approximately 6,968 gross acres (4,554 net) in the…
Acreage and Well Growth SYRG Total Gross/Net Wells Gross/Net Wells SYRG Total Net Acreage Net Acreage www.synergyresourcescorporation.com NYSE/AMEX: SYRG 15
Summary The management team has a well-defined and clear plan for creating shareholder value which includes: Continuing to expand our acreage footprint Utilize an aggressive drilling program in proven low-risk areas with…
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