ARABELLA EXPLORATION About Arabella Exploration OTCQB: AXPLF Share Price (4/17/15) 4.90 Market Cap (4/17/15) 23.7mm Float 0.7mm Includes 190,477 shares purchased by Jason Insider Ownership(1) 4.3mm Hoisager at 10.50 on June 26,…
Business
ARABELLA EXPLORATION Business Overview Arabella is an oil and natural gas company focused on the acquisition, development and exploration of unconventional oil and natural gas reserves g Our primary focus to date has been the…
ARABELLA EXPLORATION Current Southern Delaware Acreage Overview County Gross Acres Net Acres Reeves 19,911 4,450 Arabellas expertise in land has allowed it to establish a collection Ward 640 398 of prime acreage in the heart of…
ARABELLA EXPLORATION Creating Value Through Land Arabella has grown its proved reserves significantly, increasing the value of its acreage Proved Developed Proved Undeveloped Total Proved (BOE) (BOE) (BOE) 3,807,800 733,875…
ARABELLA EXPLORATION Creating Value Through Land (cont.) PV10s of our proved reserves have grown as well, but are lower due to the decline in oil prices Proved Developed Proved Undeveloped Total Proved (PV10) (PV10) (PV10)…
ARABELLA EXPLORATION New Acreage Overview Energen Back In Arabella has backed into additional acreage in Reeves County owned by Energen Resources Corporation by paying its portion of the Energen Acreage expenses to date of drilling…
ARABELLA EXPLORATION New Acreage Overview Brigham Back In Arabella has backed into additional acreage in Pecos and Reeves County owned by Brigham Resources Operating, LLC by paying its portion Brigham Acreage of the expenses to…
ARABELLA EXPLORATION Existing Wells and Drilling Plan Working k Laterall Peak k Rate Peakk Rate Interest Length Completed 24-hour 30-day EUR Well (%) (ft) Formation (BOE/day) (BOE/day) Percent Oil (BOE) SM Prewitt 1H g or…
ARABELLA EXPLORATION Multi-Year Drilling Inventory Remains Available Well 1 Well 2 Potential Zones Well 3 Well 4 Typical Well Above Bone Springs Layout Four Wells Per 640 1st Bone 1-2 Horizontal Targets Spring Acre Section At…
ARABELLA EXPLORATION Other Prospects Arabella has begun to look at different prospects our goal is to identify new plays, or areas within existing plays, that could be prospective for oil and can be exploited economically in the…
Financial
ARABELLA EXPLORATION Financial Results Production and sales have increased, but lower oil prices have hurt profits significantly Production (BOE) Revenue EBITDA(1) 6,493,213 661 612 661,612 43,234 425,700 349,227…
ARABELLA EXPLORATION Aligning Costs With Oil Prices Arabella has been aggressively reducing costs yet hard put to keep up with falling oil prices G&A up to approximately 120 G&A of approximately 570,000 per month 430,000 per month…
ARABELLA EXPLORATION Aligning Costs With Oil Prices (cont.) Arabella has used the falling price environment to rationalize costs and optimize logistics Employee costs have been reduced Duplicative headcount has been removed…
Summary
ARABELLA EXPLORATION Summary Arabella is focused on not only getting through the downturn in oil prices, but growing in the future it is through asset development that we can create value for shareholders How Can Arabella Do…
ARABELLA EXPLORATION Contact Information 509 Pecan P Street S Suite 200 www.arabellaexploration.com Fort Worth, Texas 76102 Telephone: (432) 897-4755 897 4755 Phone Email Contact William B. Heyn (432) 279-0790…