OAKSPRING ENERGY OVERVIEW The Capital Resource for Developing Horizontal Resource Plays A source of capital for operators since 2015 Invest in working interests (we are non-operators) through Prospect Participation Agreements…
LEADERSHIP Deep Technical Expertise in Horizontal Resource Plays and E&P Development Principal Background Jeff Miller, Founder, 2014 Present President Chesapeake Energy (2005-2013), Devon Energy (2002-2005), Mitchell Energy…
INVESTMENT FOCUS Focused on Underserved Small to Middle Market 20MM to 200MM Projects 1. Ability to fund multiple rounds, Emerging expansions with qualified Plays opportunities 2. Prefer to take non-operated working interests in…
THE OAKSPRING DIFFERENCE Deep Understanding = Better Partner for Investors and Portfolio Companies Our investors realize the trial-and-error approach has destroyed a lot of capital and prefer to make targeted investments through…
Case Study We Ask and Answer The Why Questions Up Front A Personal Anecdote We Made Good Money for the Wrong Reason One of the most uncomfortable feelings we can have as investors is to not understand the why of an outcome that we…
CHALLENGES DEVELOPING UNCONVENTIONAL RESOURCES Horizontal Resource Plays are Deceptively Complex Missing Critical Skillsets Approved Projects Fail Production Fails to Meet Effective development of to Produce Expectations…
OAKSPRINGS PROVEN MODEL FOR MEETING THE CHALLENGES Rigorous Process Adds Value for Both Investors and Portfolio Companies Our fundamental beliefs are that oil and gas reservoirs do perform in a predictable fashion when the right set of…
CHALLENGE: FILLING THE GAPS WITH REAL-WORLD EXPERTISE We focus on rock properties/reservoir quality. We have unique skill set having opened and managed CHKs Reservoir Technology Center and have detailed knowledge of procedures and…
CHALLENGE: WHEN APPROVED PROJECTS FAIL TO PRODUCE Failure to live up to the expectations going into a new project is often a function of poor information. The log on the right from the initial pilot well in a play shows two core data…
CHALLENGE: WHY ISNT PRODUCTION MEETING OUR EXPECTATIONS Problem Statement Large Variation in Well Performance Initial wells in a new play not performing to production rate expectations. Quality core data and petrophysics suggested…
CHALLENGE: WHY ISNT PRODUCTION MEETING OUR EXPECTATIONS Resolution The key to getting to optimal productivity was understanding that the production did not meet well-founded expectations of the flow rates. o Had good rock properties…
CHALLENGE: WHY ISNT PRODUCTION MEETING OUR EXPECTATIONS Problem Statement Changing EUR with Well Maturity How good are our forecasts of future well performance Most of our plays are immature in regards to the wells being in a state…
THE OAKSPRING PROCESS We Move as Fast as You Our rigorous integrated workflow evaluation process focuses on game-changing variables proven to correlate with commercial success. Value It can be a fast process Creation Capital…
WHAT OAKSPRING ENERGY CAN DO FOR YOU We Solve the Challenges of Horizontal Resource Plays Our core competency of solving the challenges of unconventional resource play development leads to faster and more effective value creation.…
ARE WE A GOOD FIT Oakspring wants to invest alongside highly-skilled operators in quality oil and gas projects. Oaksprings strategy is to provide both capital and its deep technical experience and expertise to identify, develop…
Oakspring Energy, LLC - Contact Information Oklahoma City Office: Dallas Office: Oakspring Energy, LLC Oakspring Energy, LLC 101 W. Hefner Road 2602 McKinney Ave. Suite 200 Oklahoma City, OK 73114 Dallas, TX 75204 405-206-1330…