NYSE MKT: SYRG At Home In the Wattenberg Corporate Presentation September 2015
Company Features Wattenberg Field Provides Stacked Pay Horizons Depth Core Targets Targeting 2.5-3M Completed Well Costs* Low Operating Low Leverage Costs Less Than 1X 6,500 Niobrara A…
Wattenberg Position & Offset Operators SYRG Has 89,000 Net Acres In The Greater Wattenberg Area (Approximately 90% Operated) Focus on Core Wattenberg Area 35,000 Net Acres NE Wattenberg Extension Area 52,000 Net Acres Synergy…
Core Wattenberg Stacked Pay HZ Well Inventory 1,060 Total Horizontal Drilling Locations Estimated Aerial Extent of the Niobrara Benches & Codell Formations(1) Niobrara A Niobrara B HZ Drilling Locations Core Wattenberg 234…
Core Wattenberg Operated HZ Wells 71 Operated horizontal wells drilled Colorado and completed on 10 pads with 100% success rate 95% of fiscal 2016 capex focused on Weideman Pad 4 Core Wattenberg, primarily in the mid standard…
Wattenberg Midstream Lucerne 2 Plant, 200 MMcf/d capacity is online and has lowered line pressures in the northern section of the PHASE 1 Wattenberg Field Grand Parkway Phase 1 & 2 Lines Lucerne 2 Plant scheduled for Q1 2016 PHASE…
Cash-on-Cash Payout Focus Return of Capital In 3 Years or Less is the Primary Objective of Months to Achieve Cash-on-Cash Payout Using 8/10/15 Monthly Strip EUR 250 MBOE 350 MBOE 450 MBOE 3-Stream…
NE Wattenberg Extension Area 52,000 Net Acres, Synergy has a 100% working interest. Red Tail Project Conrad well, a standard 4,300 foot horizontal well targeting the Greenhorn Formation has been drilled, completion phase to begin in…
Rapidly Growing Revenues, Reserves and Production 90-100% Compound Annual Increase in Proved Reserves and Production (fiscal 2011-2014) 10,000 40,352 MBoe * Daily Net Production 40,000 Up 25% Reserves MBoe 8,015 32,188 MBoe…
Fiscal 8/31/16 Cash CAPEX Budget 150-300 Million Balance Sheet and Cash Flow Supports Discretionary Operated Drilling Program Wattenberg Field Focused Operated Horizontal Wells Non-Operated Horizontal Wells 120 - 240 Million 10 - 15…
Appendix 13
Nebraska Conventional Oil Play 185,000 Net Acres Targeting Conventional Oil Prone Zones Exploration agreement with a private operator on SYRG Leasehold: Participate in up to 10 wells covering 8,000 net acres in Dundy Co. Nebraska…
Adjusted EBITDA Reconciliation SYNERGY RESOURCES CORPORATION RECONCILIATION OF NON-GAAP FINANCIAL MEASURES (unaudited, in thousands) Three Months Ended Nine Months Ended May 31, May 31, May 31, May 31, ADJUSTED EBITDA 2015 2014…
Hedging Summary as of 8/12/15 Crude Oil and Natural Gas Hedges Hedges in Place as of August 12, 2015 Collar Volumes Average Collar Prices (1) Oil Gas HH Gas CIG Oil Gas HH Gas CIG Month (Bbl) (MMBtu) (MMBtu) (Bbl) (MMBtu)…
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