New Source Energy Partners, LP Investor Presentation August, 2015 1
Company Summary Exploration & Production Oilfield Services Development and production of conventional oil Increase safety and efficiency in the pressure control and natural gas properties across east-central platform Oklahoma…
Our Strategy Pursue additional capital and financing options Focus on cost efficiency and capital allocation Provide high-value and essential services to our customers Pursue accretive acquisitions that augment our…
Transaction History March May July October November 2013 2013 2013 2013 2013 Completes first E&P Completes second E&P Completes third and Completes fifth E&P Creates New Source acquisition of additional acquisition of Eight East…
Oilfield Services Division 6
Oilfield Services Operations Geographic Footprint Our OFS revenue is generated from the following regions: Mid-Continent, Permian Basin, Eagle Ford Shale, and the Marcellus and Utica These regions have attractive breakeven…
Blowout Prevention Installation and Pressure Testing Overview The key to providing BOP installation services is the utilization of Gin Trucks to place two winches on the rig floor, which are utilized to hold the BOP in place while…
Well Testing and Flowback Overview Fracking operations for unconventional completions can require 4,000 to 10,000 barrels of completion fluids per stage to be pumped into the formation These completion fluids must be recovered before…
New Sources Service Offerings and Value Proposition We are committed to maintaining and improving the safety, Emphasis on customer reliability, environmental service, as evidenced by compliance and efficiency of our large, blue-chip…
Exploration and Production Division 11
NSLP E&P Overview(1) Non-operated interest in 282 gross, 137.6 net wells that produce from 5 project areas in Central Oklahoma Average Working Interest: 46.7% Producing zones: Hunton, Arbuckle, and miscellaneous uphole zones 2Q…
E&P Current Project Area Summary Golden Lane Eight East Paden Counties: Counties: Counties: Okfuskee, Pottawatomie & Seminole Okfuskee & Seminole Lincoln & Okfuskee Production Zones: Production Zones: Production Zones: Hunton…
Guidance & Derivative Summary 14
2H2015 Guidance Oilfield Services Division E&P Division Revenue Production (Boe/d) 2,600 2,800 32 - 37 ( in millions) Adj. EBITDA Margin Production Costs 15% - 18% 12.00 - 14.00 (as a % of revenue) ( per Boe) Maint. Capex…
Two Year Derivative Portfolio(1) Oil Gas NGL's Oil Gas NGL's Average Swap 88.90(2) 4.25(2) 75.18(2) Average Swap - - - Average Floor 72.85 3.33 - Average Floor 55.00 2.85 - Average Ceiling: 84.61 3.89 - Average Ceiling: 68.65 3.42…