New Source Energy Partners, LP NAPTP Investor Conference May, 2015 1
Company Summary Exploration & Production Oilfield Services Development and production of conventional oil Increase safety and efficiency in the pressure control and natural gas properties across east-central platform Oklahoma…
Our Strategy Focus on cost efficiency and capital allocation Provide high-value and essential services to our customers Pursue accretive acquisitions that augment our operations Reduce exposure to commodity price risk Grow…
Recent Transactions 2100 Energy, LLC Acquires 18.4% Interest in New Source Energy GP, LLC April, 2015 The sale includes option for 2100 Energy to acquire remaining 51% of NSGP currently owned by Deylau, LLC, an entity owned by…
Transaction History February March May July October 2013 2013 2013 2013 2013 New Source Energy Completes first E&P Completes second E&P Completes third and Completes fifth E&P Partners completes acquisition of additional acquisition…
Oilfield Services Division 7
Oilfield Services Operations Geographic Footprint Our OFS revenue is generated from the following regions: Mid-Continent, Permian Basin, Eagle Ford Shale, and the Marcellus and Utica These regions have attractive breakeven…
Blowout Prevention Installation and Pressure Testing Overview The key to providing BOP installation services is the utilization of Gin Trucks to place two winches on the rig floor, which are utilized to hold the BOP in place while…
Well Testing and Flowback Overview Fracking operations for unconventional completions can require 4,000 to 10,000 barrels of completion fluids per stage to be pumped into the formation These completion fluids must be recovered before…
New Sources Service Offerings and Value Proposition We are committed to maintaining and improving the safety, Emphasis on customer reliability, environmental service, as evidenced by compliance and efficiency of our large, blue-chip…
Exploration and Production Division 12
NSLP E&P Overview(1) Non-operated interest in 313 gross, 150.1 net wells that produce from 5 project areas in Central Oklahoma Average Working Interest: 47.9% Producing zones: Hunton, Arbuckle, and miscellaneous uphole zones 1Q…
E&P Current Project Area Summary Golden Lane Eight East Paden Counties: Counties: Counties: Okfuskee, Pottawatomie & Seminole Okfuskee & Seminole Lincoln & Okfuskee Production Zones: Production Zones: Production Zones: Hunton…
Guidance & Derivative Summary 15
2015 Guidance Oilfield Services Division E&P Division Production (Boe/d) 3,500 3,800 Revenue 100 - 120 ( in millions) Production Costs 11.00 - 12.00 ( per Boe) Adj. EBITDA Margin Production Costs 17% - 21% 4.5% - 5.5% (as a %…
Two Year Derivative Portfolio(1) Oil Gas NGL's Oil Gas NGL's Average Swap 88.90 4.25 75.18 Average Swap 86.00 4.37 - Average Floor 86.08 3.80 - Average Floor - 3.50 - Average Ceiling: 97.80 4.32 - Average Ceiling: - - - Average…