EnerCom: The Oil and Gas Conference Private E&P Company Panel Discussion MIKE BOCK, PRINCIPAL PETRIE PARTNERS AUGUST 21, 2014 DENVER, CO
Private E&P Company Panel Discussion US E&P HIGH YIELD MARKET ACTIVITY Historical E&P High Yield Issuance (Bn) Recent E&P High Yield Activity (Last Four Months) Am ount Coupon At Issue Current Change 2014 Date Issuer (MM) (%) Price Y ld…
Private E&P Company Panel Discussion OIL & GAS PRIVATE EQUITY ENVIRONMENT Financial Sponsor Investment by US Onshore Basin (2009 2014 YTD) Fund / Target Size Financial Sponsor (MM) Bakken First Reserve 9,000 Riverstone 7,700 EIG…
Private E&P Company Panel Discussion MARKET PERFORMANCE Last Twelve Months Last Three Months 140% 140% 130% 130% 120% 120% +18% +14% 110% +10% 110% +4% +2% 100% +1% 100% -2% -3% -8% 90% 90% -13% 80% 80%…
Private E&P Company Panel Discussion US E&P EQUITY CAPITAL MARKETS E&P C-Corp Equity Deals (Last Six Months) A B C D E F G H I J K % Stock Perform ance Current S Offer IPO / Deal Size Com pany Offering After Pricing Price / S Date…
Private E&P Company Panel Discussion PUBLIC COMPANY TRADING VS. ASSET TRANSACTION MULTIPLES All Basins ( / Mcfepd) Permian Basin ( / Mcfepd) 20,000 36,000 16,925 15,227 27,982 15,000 27,000 24,239 11,993 10,000 18,000 5,000…
Centennial Resource Development Enercom: The Oil & Gas Conference DENVER, CO AUGUST 21, 2014
Delaware Basin Focus Permian Delaware Basin Focus Funding by NGP Strong team Denver based 20 people Midland office 10 people Core Southern Reeves Wolfcamp and Bone NM Springs TX Adjacent major players: Oxy, Rosetta, Concho,…
Centennial Specifics Scalable, Contiguous 33,000 net acres 1000 locations on 160 acre spacing, 3 zones XEC Significant Production 4,000 Boe/d net 75% operated Pending acquisition increases company by 1/3 ROSE Type Log CXO…
Reeves County Topics Operational D&C cost reductions from faster drilling Frac design getting larger More science Development Which zones and where Down spacing pilots have begun Areally and vertically Pad development barely…
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Click to edit Master title style Great Western Oil & Gas Company Corporate Presentation Presented By Rich Frommer, President & CEO ENERCOM August 21, 2014
Great Western Oil & Gas Company Click to editHighlights Company Master title style Significant 50,000 net acres in the Greater Wattenberg Field, Colorado. 1,000+ Wattenberg Field locations, 85 Mmboe of un-risked reserve potential.…
Click to edit Master title style Diversified value investor focused on asset based companies for over 40 years Own/operate multi-billion dollar asset portfolio in Real Estate, Railroads, and Oil & Gas Over 1,000 associates across…
DJ Basin Click to edit Stacked Master titleTargets Horizontal style Over 2,500 horizontal wells have been drilled or permitted in the basin Niobrara formation Primarily targeting the B Bench with potential from the A & C…
Drilling & Completion: Click to edit Whats working in the DJ Master title style Drilling Longer Laterals 1 mile to 2 miles Drilling trajectory Stay in zone Toe Up Completions Stage spacing decreasing 250 to 150 feet per stage…
DJ / Wattenberg Click to edit MasterMidstream title style Expansions Gas Processing Existing Capacity 2014 Additions 2015/2016 Total Capacity MMcf/d Additions DCP Midstream 520 50 460 1,030 Anadarko Midstream 540 300 300 1,140…
DJ Basin: Click to editWhere is the Master title Basin Headed style Larger Operators focusing on core areas of development Anadarko / Noble land swap Eco Pad Development Minimize cost and environmental impact Longer Laterals…
Contacts Click to edit Master title style Rich Frommer President and CEO Great Western Oil & Gas Company 1801 Broadway, Suite 500, Denver CO 80202 rfrommergwogco.com Tel: (303) 398-0325 Cell: (303) 884-3235 Tom Mandula CFO…