PEDEVCO (PACIFIC ENERGY DEVELOPMENT) NYSE MKT: PED Company Presentation January, 2014
Summary Overview A dynamic, emerging energy company focusing on high-growth, early cash flow energy projects, including shale oil and gas, in the U.S. and Asia. Focus Shale and conventional oil and gas in the U.S. and Asia Strategic…
Corporate History February 2011 - Pacific April 2012 Drills July 2012 March 2013 September 2013 Energy Development first well on Niobrara Completes 11.5 Acquires *Listed on NYSE (PEDEVCO) formed asset (IP rate of 437 million Series A…
Corporate Highlights Strong industry relationships Proven Management and Developed over 500 horizontal shale wells Operations Team 4Q/2012 - Fastest spud to TD in Niobrara Well costs significantly below AFE United States:…
Management Team Frank Ingriselli Past President of Texaco International Operations Y.M. Shum Held senior management positions in E&P at President, CEO Past President of Texaco Technology Ventures Chief Technology Texaco Past founder and…
Technical/Operating Experts Pacific Energy Technical Services Sean Fitzgerald Former Lead Business Development Engineer at Michael Rozenfeld Former Lead Reservoir Engineer and Petrophysicist VP of Business Rosetta Resources & Lead…
Board of Directors Frank Ingriselli President and CEO of Pacific Energy Development (NYSE: PED) President, CEO Founder and former President and CEO of Pacific Asia Petroleum President of Texaco International President of Texaco…
Recent Stock Price Movement Provides Opportunity Short Sellers made up nearly 30% Shares listed on of Volume between Shelf filing (A) NYSE MKT and pricing of shares (B). B) Offering A) Filed S-3 Shelf Priced 2.25…
Target Assets High ROR% 50.0% Niobrara, Mississippian and Eagle Ford Yield High 45.0% Rates of Return* 40.0% 35.0% 30.0% 25.0% 20.0% 15.0% 10.0% 5.0% 0.0% *Source: Credit Suisse Research, June 20, 2012 10 Copyright (c)…
Current Assets United States Shale Oil 11 Copyright (c) 2014 PEDEVCO Corp.
Core Oil Field Assets Focus on developing proven, producing assets Niobrara Asset 10,224 gross acres in Weld and Morgan Counties, Colorado 27.13% working interest + operatorship Operated by Condor Energy Technology 5 wells…
Niobrara Basin Overview Key Highlights Located in the Denver-Julesburg (DJ) Basin PEDEVCO acreage in Morgan and Weld Counties Neighbors include Noble Energy, Carrizo, Whiting, EOG, and PDC Energy 10,224 gross acres Operated…
Niobrara Economic Profile Assumptions Type Curve D&C Costs 3.8 million 30 Day IP 176 BOE/d Initial Year Decline 45% EUR 185 MBOE IRR Sensitivity to D&C Costs IRR Sensitivity to EUR 14 Copyright (c) 2014 PEDEVCO Corp.
Mississippian Basin Overview Key Highlights 60+ year history of vertical production with well-developed infrastructure Horizontal drilling making the Mississippian a premier onshore play Significant new developments and leasing…
Mississippian Economic Profile Assumptions Type Curve D&C Costs 3.25 million 30 Day IP 300 BOE/d Initial Year Decline 61% EUR 320 MBOE IRR Sensitivity to D&C Costs IRR Sensitivity to EUR 16 Copyright (c) 2014 PEDEVCO Corp.
Eagle Ford Overview PEDEVCO Asset Overview 1,331 acres in Leighton Field (Eagle Ford Condensate Window) 4% working interest (held in 100% owned White Hawk LLC) Initial 3 producing wells had initial production (IP) rates well…
Pending Niobrara Asset Purchase Signed PSA on January 21, 2014 28,727 Net Operated Acres 40 Producing Wells 11 Operated / 14 Non-Operated wells 15 After pay-out interest wells 400 BOE/D (21MM PDP PV-10) 13 million of Cash Flow…
Acreage Position (on Resistivity Map) New Acreage PEDEVCO Noble/Whiting 28,727 Net Total Acres 2,200 acres Wattenberg Highest resistivity Carrizo 60+ Ohms 250,000+ EUR (BOE) 14,367 acres Wattenberg Extnsn PEDEVCO Higher…
Significant Potential Net Reserves PEDEVCOs current Niobrara, Eagle Ford and Mississippian assets post acquisition could hold net unrisked reserve potential of over 87 MMboe, stemming from only one primary reservoir in each asset and…
Increase in Acreage Quality Acquisition Area: Resistivity Range Number of Gross Potential Gross Sections Wells Less than 30 Ohms 78 624 30 60 Ohms 82 656 60+ Ohms 18 144 Current PEDEVCO Area: Resistivity Range Number of Gross…
International Acquisition Kazakhstan Oil and Gas Worlds 2nd largest oil reserves and 2nd largest oil production. Long history of industry development, foreign investment and established infrastructure and service sector. Politically…
PED Kazakhstan Acquisition PEDEVCO Entered into agreement in September, 2013 to acquire 34% of Aral Petroleum which holds a 100% operated working interest in a 380,000 acre contract area in the North Block located in the Pre-Caspian…
PED Contract Area Surrounded by Major Production North Block is located in the eastern portion of the Pre-Caspian Basin, an active exploration area with presence of major oil and gas companies. 24 Copyright (c) 2014 PEDEVCO Corp.
Pipeline of Opportunities Opportunities to expand in our core areas: Down-spacing of well spacing: 80 to 40 acres/well in Niobrara 160 to 80 acres/well in Mississippian Additional formations in Niobrara and Eagle Ford: Niobrara C,…
Contact Information Corporate Headquarters 4125 Blackhawk Plaza Circle, Suite 201 Danville, CA 94506 Tel: (855) PEDEVCO / (925) 271 9314 Corporate website: www.PacificEnergyDevelopment.com Investor Relations Contacts: Liviakis…
Loading...
