ASX: PYM OTCQX:POGLY Investor Presentation 18 September 2015 US-focused oil and gas explorer and producer
Corporate snapshot US-focused, rapid-growth oil and gas explorer and producer Strategy Board and Management Focus on high quality exploration projects within the United George Lloyd Non-Executive Chairman States which offer…
Performance since January 2014 Pryme has re-capitalised, drilled wells, increased production and reserves and become cash flow positive during challenging market conditions 2015 extends on the significant operational deliveries of 2014…
Capitola Oil Project Reserves 1.1 million BOE (proved and probable) certified reserves net to Pryme Demonstrates US12 million NPV10 to Pryme at current pricing Estimates apply to approximately 16% of the projects 9,333 gross acres 30…
Newkirk Project Reserves 2.8 million BOE (probable) reserves net to Pryme Demonstrates US10 million NPV10 to Pryme at current pricing Estimates apply to Prymes net acres of 2,320 based on 40 acre spacing Joint development agreement…
Company Reserves 4.1 million BOE (proved and probable) certified reserves net to Pryme Demonstrates US25 million NPV10 to Pryme at current pricing; equivalent to A0.033 per share Reserves can be increased cost-effectively by increasing…
Pryme is significantly undervalued Negligible value is currently ascribed to producing assets and the Companys potential Pryme is currently trading close to its cash backing of A3.4m Pryme receives stable cash flows from its Capitola…
Pryme is well capitalised Pryme has an enviable cash balance at a time where small cap energy companies are finding funding conditions difficult Pryme has established a cash balance that sees it fully funded for initial drilling in its…
Prudent cost management Pryme continues to actively manage its administration expenditure and stands out relative to peers as being prudent Relative to its ASX-listed producing peers…
Pryme is a compelling investment Pryme is well positioned to invest in its own assets to optimise the creation of shareholder value Pryme is well placed in the current environment to invest in its two high quality assets located in the…
Capitola Oil Project overview Supplying the Company with stable production and cash flow Project information Acreage overlies two proven oil fields containing redevelopment and secondary recovery opportunities Location Permian Basin…
Newkirk Project overview Low cost, repeatable, stacked pay environment JOA covers an AMI over Kay and Noble Counties Project information Allows for both parties to contribute 50/50 costs to each earn Primary Target Mississippi Lime…
Four Rivers Project overview Four Rivers is a producing asset providing Pryme with ongoing cash flow Project information Mature project that requires low management intensity Location Louisiana and Mississippi Extends from Winn,…
Australia USA Justin Pettett Ryan Messer Managing Director/CEO Executive Director/COO Telephone: +61 7 3371 1103 Telephone: +1 713 401 9806 Website: www.prymeenergy.com ASX Code: PYM OTCQX Code: POGLY 14
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