1 Empyrean Energy Plc Investor Presentation Q3 2015
Empyrean Energy at a Glance US50 million 3% interest in the Successful Production facility in place US major Strong Sugarloaf AMI in appraisal of profitable at current with Macquarie Marathon Oil understanding of the Eagle Ford…
2015 Final Results at a Glance 20 6 USM USM 10 4 2 0 0 2013 2014 2015 2013 2014 2015 Empyrean was profitable for the year to March 2015 and management believes production has been profitable post March despite…
Key Data Market AIM EPIC EME TD Direct Investing Nominees (Europe) Ltd) 14.11% Share Price 6.6 pence Tom Kelly 9.41% Shares in Issue 222 million Barclays Share Nominees Ltd 8.55% Market Cap 14.64m James Kight 7% 12 month…
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 241 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 1,196…
Eagle Ford Shale Location 9 Empyrean Energy Plc Investor Presentation Q3 2015
About the Eagle Ford Shale 10 Empyrean Energy Plc Investor Presentation Q3 2015
Dramatic Reserves/ Resource Increase 63% increase in 1P to 5.78 MMboe (NPV10: US43.8 million) 30 94% increase in 2P to 12.64 MMboe (NPV10: US121.7 million) 20 134% Increase in 3P Reserves to 20.91 Mmboe (NPV10 of US263.5 million) 10…
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 Lower Eagle Ford Shale 40 acre spacing; 300-450 wells to…
Marathons Aggressive Development 13 Empyrean Energy Plc Investor Presentation Q3 2015
Investment Case 14 Empyrean Energy Plc Investor Presentation Q3 2015
Appendices 16 Empyrean Energy Plc Investor Presentation Q3 2015
Calculating Reserves & Resources Diagram demonstrates how 2P and 3P reserves are allocated around a producing well 17 Empyrean Energy Plc Investor Presentation Q3 2015
Eagle Ford Well Spacing 18 Empyrean Energy Plc Investor Presentation Q3 2015
Eagle Ford Stratigraphy 19 Empyrean Energy Plc Investor Presentation Q3 2015