Company Profile Camber Energy (formerly Lucas Energy) is a recently restructured, publicly-traded oil and gas exploration and production company. From its roots in the accumulation of Austin Chalk production in South Texas to its…
Transitional / Restructuring Complete Restructuring Plan for Development Structure for the Downturn Prime for Growth Moving Forward Drilled Approval lateral well, to Change Granted NYSE LEI Announces Expanded Name to completed…
Camber Energy Management Team Anthony Tony Schnur Ken Sanders Paul Pinkston CEO & Director COO CAO 30+ Year Turn-Around 40+ Year Petroleum 20+ Year CPA, Specialist Engineer, MBA Accounting & Formerly with Chroma Formerly with…
Camber Energy Board of Directors Richard Azar Alan Dreeben Executive Chairman & Tony Schnur Director & Director CEO & Director Compensation Chair Co-Founder Brittany President & CEO Energy, LLC, Sezar of Camber Owner of Republic…
South Texas: Austin Chalk & Eagle Ford Shale Highlights Legacy Assets 24 Active Wells 7,300 Net Acres (Austin Chalk) 2,000 Net Acres (Eagle Ford) 90 BOE/d -Q4 2016 Operations Update Well Workovers / Mechanical Repairs…
Central Oklahoma: Hunton Highlights Acquired liquid-rich Hunton assets 122 Producing Wells [26 Operated] 875 BOE/d -Q4 2016 13,000+ Net Acres 40+ Drilling Locations o Open hole completions o Acid Stimulation Key Fields: o Coyle -…
West Texas: Permian Basin/Central Basin Platform Highlights San Andres Hz Play (Rapidly Emerging) 3,600+ net acres acquired, initial toe hold 20,000+ net acre position targeted Located in the Permian Basin/Central Basin Platform…
Building on the Platform Platform for Growth The formation of Camber with a NYSE MKT listing and combination of operational, management, financial and restructuring wisdom have come together at this Optimize pivotal time to provide the…
Company Strategy Balanced Approach to Increase Cash Flow and Valuation Exploit Resources Bolt-On Development Drilling New Strategic Entry Well Workovers Acquire additional WI Rationalize Acreage Diversification Compression in…
Exploitation: Existing Fields & Assets Central Oklahoma - Hunton Install and/or upgrade compression to lower surface pressure and increase rate Well work to reactivate shut-in producers Well work to convert lower rate producers from…
Bolt-On (or off) Strategy Central Oklahoma - Hunton Actively engaged in A&D market for producing assets to create scale 2 potential, complementary transactions targeted & being pursued Engaged in leasing program to secure…
Development Drilling Central Oklahoma - Hunton Planning 4+ well (vertical) drilling program in 2017 Estimated D+C = 0.8 million per vertical Hunton well Initial targeted to spud in March Legacy South Texas - Eagle Ford / Austin Chalk…
New Strategic Entry West Texas Permian Basin / Central Basin Platform - San Andres Focus on acquiring acreage in first half of 2017 To date 3,600 acres acquired Targeting acquisition of 20,000 acres Estimated 4 wells per 640 acres…
Target: San Andres (Permian Basin/Central Basin Platform) Tracking What We Know Based on our experience in and understanding of the Hunton Residual Hydrocarbon Zone, we are compelled by the similarities to the San Andres. HUNTON SAN…
Horizontal San Andres Permian Basin 80 years of production 30 billion barrels produced Contains estimated 22% of remaining U.S. oil reserves 29% of estimated U.S. reserve growth San Andres Zone Facts 6 billion San Andres barrels…
Horizontal San Andres San Andres San Andres Horizontal Play Horizontal Play Development Participants Earliest ROZ SA Hz Well Drilled in 2014 A. Element B. Elk River Current successful C. Henry D&C methodologies D. Apache refined…
Horizontal San Andres - The ROZ Concept As a simplified explanation, dewatering occurs in formations with relatively high water saturations (50%.) National Energy Technology Laboratory Oil and gas resides in pore spaces of conventional…
Horizontal San Andres - Economics 20
Appendix 21
Management Tony Schnur, President and Chief Executive Officer, Director Ken Sanders, Chief Operating Officer Significant Accomplishments: Significant Accomplishments: Drove Cultural and Operating Change. Redirected Lucas corporate…
Management Paul Pinkston, CPA, Chief Accounting Officer Thomas E. Hardisty, Senior Vice President, Land & Business Development Significant Accomplishments: Significant Accomplishments: Improved Financial Reporting and Accounting…
Management Mark Bunch Senior Vice President, Engineering & Operations Significant Accomplishments: Evaluated and Increased Reserves and Returns. Critical role in merger, leading the team that developed & executed the plan to…
Oil & Gas Reserves Reserves as Pro Forma Published at the Segundo Lucas Energy, Segundo Acquisiton Pro forma Acquisition Inc. Properties Combined Proved Developed Reserves Crude Oil (Bbls) 114,798 183,834 298,632 Natural Gas (Mcf) -…
Public Information COMPANY DETAIL Lucas Energy, Inc. / Camber Energy, Inc. 450 Gears Rd., Suite 860 Houston, TX 77067 Phone: (713) 528-1881 Fax: (713) 337-1510 www.lucasenergy.com INVESTOR RELATIONS CONTACT Dennard Lascar…
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