For personal use only Annual General Meeting 29 May 2015 J. Michael Yeager Executive Chairman & Chief Executive Officer Maverick Drilling & Exploration Limited
Management Focus For personal use only Our mission is to build a growing, multi-asset investment grade oil and gas company. 2 2
The New Maverick Shifting our Strategy For personal use only Our shareholders have a new Company with new capabilities We are transitioning from a drilling contractor and small producer to a development-focused, growth orientated…
New Top-Tier Management Team Completely restructured the senior management team to a group that has the exploration and production experience to run a large scale multi-asset company. For personal use only Our experience has spanned…
Successfully Transitioning the Business Improved Improved Processes Processes andand Procedures Procedures For personal use only New HSE focus implemented including safety, environmental & regulatory systems Established Code of…
Focused on Low-Risk Economic Growth For personal use only Acquisition Strategy Objective is to acquire and develop low-risk assets and/or acreage in the most economical US resource plays Seeking properties with economic development…
Growth Status In Place In Progress For personal use only Become technically strong in key basins Did not make an over priced quick purchase at 100 oil prices Built detailed geologic and financial valuation models Did not raise…
Growth Capability For personal use only Excellent geoscience, reservoir engineering, land, transaction and finance experience in the Management Team Solid advisors Tudor Pickering Holt, EAS Advisors (Ed Sugar), Foster Stockbroking,…
Improved Existing Asset Base Blue Ridge Dome For personal use only The Blue Ridge field currently produces over 1,000 barrels of oil per day Significantly reduced field operating cost with the field currently at operating cash…
Why Maverick For personal use only Investment Highlights Experienced management team that works hard on Growth everyday Disciplined approach; we know what we will and will not do All economic firepower is still available debt and…
Summary For personal use only Blue Ridge improvement now complete Management Team fully functional on growing the Company Good timing for acquisitions over the next year for those with strong financial capability like us…
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