1 Empyrean Energy Plc Investor Presentation Q3 2015
Empyrean Energy at a Glance 3% interest in the Successful US 50 million US major Strong Production Sugarloaf AMI in appraisal of loan in place with Marathon Oil understanding of profitable at current the Eagle Ford Austin Chalk…
Key Data Market EPIC Share Price Shares in Issue Market Cap 12 month price Debt Facility range 6.5 222 4.75 20.50 AIM EME 14.72 million US50 million pence million pence Net Profit After Tax TD Direct Investing Nominees…
Strategy To increase production and reserves by developing Empyreans advanced hydrocarbon production and development projects, which have excellent technical merit, in order to build shareholder value Capitalise on excellent…
3% W.I. Sugarloaf AMI Current net 1P reserves Targeting Upper 231 gross Operated by daily Net acreage 5.78MMboe & Lower EFS wells and Austin Marathon Oil production of of 729 acres 2P Reserves 12.64MMboe producing Chalk 1,216…
Eagle Ford Shale Location 8 Empyrean Energy Plc Investor Presentation Q3 2015
About the Eagle Ford Shale 9 Empyrean Energy Plc Investor Presentation Q3 2015
Dramatic Reserves/ Resource Increase 63% increase in 1P to 5.78 MMboe (NPV10: US43.8 million) 25 94% increase in 2P to 12.64 MMboe (NPV10: US121.7 million) 20 134% Increase in 3P Reserves to 20.91 Mmboe (NPV10 of 15 US263.5…
Ongoing Upside from Sugarloaf AMI Currently targeting the Upper Eagle Ford Shale, Lower Eagle Ford Shale and the Austin Chalk Estimated further 350 wells to develop the Eagle Ford Shale 40 acre spacing; 300 Austin Chalk 60 acre…
Marathons Aggressive Development 12 Empyrean Energy Plc Investor Presentation Q3 2015
Investment Case 13 Empyrean Energy Plc Investor Presentation Q3 2015
Appendices 15 Empyrean Energy Plc Investor Presentation Q3 2015
Calculating Reserves & Resources Diagram demonstrates how 2P and 3P reserves are allocated around a producing well 16 Empyrean Energy Plc Investor Presentation Q3 2015
Eagle Ford Well Spacing 17 Empyrean Energy Plc Investor Presentation Q3 2015
Eagle Ford Stratigraphy 18 Empyrean Energy Plc Investor Presentation Q3 2015