June 2015 Investor Presentation – Petroquest Energy Inc.

Petroquest Energy Inc. · Jun 9, 2015 · 8 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

Arkoma Divestiture June 2015
Arkoma Divestiture Overview Sold majority of Woodford and Mississippian Lime Assets Gross proceeds of 280 million Net operating cash flow of approximately 7.5 million (1Q15) from sold assets Sold approximately 227 Bcfe proved…
Liquidity and Debt Metrics Post Arkoma Divestiture Liquidity Position (net of working capital) Up 775% 200 171.6 147.2 150 Cash 100 BB Availability MM 50 14.2 19.6 Working Cap Deficit (1) 0 Total Liquidity -50 -45.6…
Leverage Ratio Post Arkoma Divestiture Total Debt (net of cash) vs Adjusted EBITDA 450 421 400 350 300 Total Debt (net of cash) 250 203 200 150 130 3/31/15 TTM Adjusted 89 EBITDA (1) 100 50 0 1Q15 1Q15PF Debt/Adjusted…
Asset Base - Post Arkoma Divestiture 1Q15 Reserves 1Q15 PF Reserves 1Q15 Field Cash Flow 1Q15 PF Field Cash Flow Mid-Con Gulf Coast Mid-Con Gulf Coast Mid-Con East Texas East Texas Gulf Coast Mid-Con East Texas Gulf Coast…
Strategic Rationale for Divestiture Attractive Valuation Metrics Proceeds of 9X cash flow are highly accretive to corporate multiple with sold assets embedded Significantly enhances liquidity and financial flexibility No bank…
Appendix 8
Appendix 1 Adjusted EBITDA Reconciliation ( in thousands) 2010 2011 2012 2013 2014 1Q15 LTM 1Q15 Net Income (Loss) available to common stockholders 41,987 5,409 (137,218) 8,943 26,051 (122,240) (106,232) Income tax expense (benefit)…