ZaZa Energy Corporation 2013 New York OGIS Presentation April 16, 2012
Defined Terms Defined Reserves and Resource Terms bbl means barrel. boe means barrels of oil equivalent, determined using a ratio of 6 Mcf of raw natural gas to 1 bbl of condensate or crude oil, unless otherwise stated. There are no…
About ZaZa Energy Attractive assets in active drilling regions High concentration of liquid-rich assets in the prolific Eaglebine and Eagle Ford trends 25% interest in 73,000 net acres with 15,000 retained acres in the Eaglebine,…
Recent Milestones Announced joint venture on 73,000 core net mineral acres in Walker, Grimes, Madison, Trinity, and Montgomery Counties, Texas Completing sale of Moulton Eagle Ford acreage for approximately 52.5 million…
Liquids-Rich Asset Base Eaglebine Prospect Woodbine Sand/Silt Play Higher sand content Approximately 37,250 net to ZaZa acres Eaglebine Prospect Eaglebine/Eagle Ford Play Eaglebine 25% interest in 73,000 Higher silt content acres…
Core Focus Eaglebine ZaZa pursuing strategy to develop Eaglebine play Expansive 140,000 gross acre presence Joint venture acreage: 25% interest in 73,000 net acres, with 15,000 retained net acres(1)(3) Increased acreage position by…
ZaZas Eaglebine Acreage is Selectively Chosen 140,000 gross acre footprint Navidad Resources, LLC Bluestone Nat. Res Ferguson Prison Unit 9-1 92,000 net acre operating Vick Trust IP 893 BOEPD area; 25% interest in 73,000 IP 800 BOPD…
Eagle Ford & Eaglebine Cross Section The Eaglebine represents the area of East Texas where the Eagle Ford Shale transitions into the Woodbine Sands Upper and Lower Eaglebine target zones are 500 thick combined Mature Eagle Ford…
Near Term Strategic Overview & Objectives Initiate Phase I of joint exploration and development agreement Meet commitment well obligation under Range Resources joint operating agreement Eaglebine Recomplete Stingray well as a…
Joint Venture Terms Total Eaglebine area 140,000 gross acres, 92,000 net acres Partner operates Preliminary ZaZa withholds 19,000 net acres pro forma 100%; JV remaining 73,000 net acres Assumptions 55,000 full phase Partner net acres…
Eagle Ford Sweet Home Prospect MAGNUM HUNTER Hawg Hunter 1H 35,000 net acres located in the IP24: 2,270 BOEPD Liquids Window in Lavaca and PENN VIRGINIA DeWitt Counties Munson 1H Oil IP30: 854 BOEPD MAGNUM HUNTER Oryx Hunter…
Eagle Ford Hackberry / Oakland Prospect 21,000 net acres located in the Gas MISSION RES CORP Condensate Window in Lavaca and Banks 1H IP24: 454 BOEPD Colorado Counties L. AUSTIN/U. EAGLE FORD Likely to divest Hackberry /…
Investment Summary Committed to Shareholder Value Established Position in the Eagle Ford Shale First Mover Advantage in Eaglebine Currently Evaluating Two Potential First Mover Opportunities Strong Management Team and…
Financial Review 15
Income Statement Year Ended December 31, 2012 ZaZa recognized a one- 2010 2011 2012 time gain on the Revenues and other income: separation from Hess of Oil and gas revenues 358 2,547 9,583 Bonus income 9,777 15,027 - 195.6 million…
Year-End Prices, Production, and Reserves Year Ended December 31, 2012 2011 2010 After the Hess separation Production ZaZa increased average Oil (Bbls) 97,598 27,784 4,331 domestic NRI from 7% to Gas (Mcf) 162,213 11,646 4,247 70%…
Capitalization & Liquidity Capitalization Table Cash Balance As of 12/31/2012 10 86 Actual (1) Pro Forma Moulton(2) Pro Forma Phase I (3) 41 76 Cash and Cash Equivalents 34.6 75.9 85.9 Escrowed Cash 15.0 15.0 15.0 Senior Secured…
ZaZa Energy Corporation Investor Contact JMR Worldwide Jay Morakis www.zazaenergy.com +1 212 786 6037 jmorakisjmrww.com 19
Appendix 20
Company Buildup Strategic shift in operational outlook on behalf of both Companies led to the dissolution of the joint venture with Hess, whereby ZaZa focused primarily on Texas plays Hess Joint Venture As a result, ZaZa received…
Proven Management Team Founded ZaZa Energy, LLC in 2009 and led the effort to become a publicly-traded company in early 2012 Todd Brooks Founder of Neuhaus Investments, LLC, a company focused on making strategic energy investments…
Eaglebine Type Log Historical mudlogs across the area have significant oil and gas shows in both the Upper and Lower Eaglebine section Eaglebine section is silica-rich organic shale, over 450 thick C1-C5 oil and gas shows…
Eaglebine Type Log General log calculations can estimate the potential of the Eaglebine section below the Harris Delta A lot of penetrations, not a lot of full suite log Upper Target combinations Upper section GIP 30 UPPER…
Woodbine and Eaglebine Definition Weber Lewis Pay Crimson Exploration ZaZa Energy Stingray ZaZa Energy Commodore Cheaglebine Play (Woodbine Sand (Lower Eaglebine and (Lower Eaglebine and (Polk and Trinity Co.) and…
Illustrative Lower Eaglebine Economics Lower Eaglebine Highlights Well Head Volumes 989 Mboe Sales Volumes 1,272 Mboe Drill & Complete - 12 million per well Source: Drilling-Info, investor presentations and other publicly…
Illustrative Lower Eaglebine Economics Assumed Type Well Economics WELL HEAD VOLUMES 990 MBOE Oil 433 MBO Gas 3,343 MMCF SALES VOLUMES 1,274 MBOE Oil 433 MBO NGL 435 MBNGL Gas 2,440 MMCF CAPEX Drill and complete 12,000 M/Well…
Lower Cretaceous (Buda-Rose) Type Log Historical mudlogs across area have significant oil and gas shows in both Kiamichi and Paluxy Shale sections Brazos Basin (Jurassic age) area has increased thickness in both Kiamichi and…
Lower Cretaceous (Buda-Rose) Type Log Recent RRC rulings have allowed the Buda-Rose section to be comingled and produced as one section GEORGETOWN Kiamichi GROS = 293 NET = 187 Many operators are AVG_PHI_(NET) = 0.04…
Illustrative Lower Cretaceous (Buda-Rose) Economics Lower Cretaceous Highlights Vertical, comingled play Well Head Volumes 424 Mboe Sales Volumes 460 Mboe Drill & Complete - 6 million per well Source: Drilling-Info, investor…
Illustrative Lower Cretaceous (Buda-Rose) Economics Assumed Type Well Economics WELL HEAD VOLUMES 424 MBOE Oil 254 MBO Gas 1,017 MMCF SALES VOLUMES 460 MBOE Oil 254 MBO NGL 83 MBNGL Gas 734 MMCF CAPEX Drill and complete 6,000…
Eaglebine Area Marketing and Midstream Eaglebine Midstream Map Available Takeaway Capacity Copano, Energy Transfer (400 MMcf/d), Kinder Morgan, Gulf South Navidad and Atmos Energy (200 MMcf/d) Pipelines willing to expand…
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