Introduction to Fleur de Lis Energy EORI Conference July 2015
Executive Summary Introduction to Fleur de Lis Energy, LLC (FDL) Overview of the FDLs Wyoming Acquisition Activity since taking over operations May 1st Future Wyoming EOR Opportunities 2
FDL & KKR Formed Partnership In March 2014 Fleur de Lis Energy, LLC (FDL) and KKR formed a partnership to pursue investments in predominantly producing oil & gas properties in North America FDL was founded by Porter Trimble, former…
Map of Recent Wyoming Acquisition 4
Salt Creek Geology Deposition Wall Creek 2 is middle and upper shoreface depositional setting Wall Creek 1 is fluvial/tidal marine sands Top seal is the Cody Shale Trapping Mechanism Salt Creek anticline formed during the…
Salt Creek Field Salt Creek Overview: Discovered in 1908 540 producers, 540 injectors OOIP: 1.9 BO 34% Rf to date Avg well depth is 1200-3000 16,800 net contiguous acres across two units Wall Creek 2 is primary horizon,…
Monell Geology Deposition Almond formation is Upper Cretaceous age Part of an extended barrier bar system Production is from two, stacked sand packages Trapping Mechanism Facies change and southeast dip Lewis Shale above 7
Monell Field Monell Overview: Discovered in 1959 141 producers, 77 injectors OOIP: 146 MMBO - 34% Rf to date Avg well depth is 4700 17,956 net contiguous acres Almond formation is main producing horizon CO2 flood initiated in…
Linch and Howell Pipeline Linch Compex: Consists of 3 fields located 10 miles north of Salt Creek +20 MMBO reserve target Plan to focus on reviving waterflood and EOR potential Howell Pipeline Own CO2 pipeline connecting Bairoil…
FDL Commenced Operations of Wyoming Assets May 1, 2015 Retained 100 Wyoming full time employees Operational transition has been smooth due to breadth of retained knowledge Anadarko provided employees with first class training IT…
Wyoming Acquisition Has Tremendous Upside Salt Creek WAG cycle & pattern optimization Well maintenance (acid/frac jobs) Monitoring injection/production performance Replacement wells and in-fill development Minor Horizons…
Summary FDL-KKR partnership formed in March 2014 Completed three separate transactions, acquiring over 1.1 billion in assets with proved reserves of 93 MMBoe and net production of 21,500 Boe/d Wyoming EOR acquisition transaction…