Financial Highlights - Fiscal 2015 CONDENSED BALANCE SHEET SEPTEMBER 30, 2015 Current assets 13,784,184 Property and equipment 450,828,893 Less accumulated DD&A (228,036,803) Net property and equipment 222,792,090 Other 2,248,999…
Financial Highlights Fiscal 2015 FISCAL YEAR 2015 2014 Oil, NGL and natural gas sales 54,533,914 82,846,528 Total revenue (1) 70,882,093 84,411,224 Net income 9,321,341 25,001,462 Earnings per share .56 1.49 Net cash provided by…
Financial Highlights First Quarter 2016 CONDENSED BALANCE SHEET DECEMBER 31, 2015 Current assets 9,066,910 Property and equipment 450,066,670 Less accumulated DD&A (234,432,151) Net property and equipment 215,634,519 Other 173,423…
Financial Highlights First Quarter 2016 FIRST QUARTER 2016 2015 Oil, NGL and natural gas sales 9,055,288 19,519,700 Total revenue (1) 11,462,125 30,999,170 Net income (loss) (2,799,118) 10,233,761 Earnings per share (0.17) 0.61 Net…
PHX Investment Strategy & Current Activity Maintain the disciplined and consistent long term investment philosophy of only investing in projects that we believe will earn reasonable rates of return at NYMEX futures pricing Provide a…
Year-End 2015 Reserves and First Quarter 2016 Production and Revenue by Product Gas NGL Oil 120 100 23% 20% 29% 80 33% 9% 46% 10% 53% 60 7% 40 67% 71% 47% 20 0 Year-End First Quarter First Quarter 2015 2016…
Royalty Production and Revenue History 50 6.00 Royalty Volume Bcfe Royalty Revenue Million 5.50 45 PHX has over 4,600 identified undeveloped locations and 199,000 mineral acres 5.00 not currently producing available to feed continued…
Permian Basin Andrews & Winkler Counties Project Panhandle leased out 2,440 contiguous net mineral acres on the central basin uplift in Andrews and Winkler Counties, Texas The lease covers a 43.6 square mile area The block has…
Permian Basin Cochran Co. San Andres Project 15 Annual Shareholder Meeting March 10, 2016
Permian Basin Cochran Co. San Andres Project 16 Annual Shareholder Meeting March 10, 2016
Permian Basin Cochran Co. San Andres Project Panhandle leased out 4,052 contiguous net mineral acres on the northwest shelf of the Midland Basin in Cochran Co. Texas The lease covers a 34.5 square mile area The operator intends to…
Western & South Central Oklahoma 18 Annual Shareholder Meeting March 10, 2016
CANA Woodford and SCOOP Woodford/Springer Plays Diverse mineral ownership across initial plays Interest (WI or RI) in 11% of all producing wells in the play PHX wells primarily operated by Devon, Cimarex, Continental, Newfield and…