Energy Corporation Acquisition March 3, overview 2017
Page 3 Acquisition overview Delaware Basin Resolute and acquired acreage Acquiring 4,600 net acres in Reeves County Orla Current daily production Appaloosa of approximately 800 Mustang Boe per day Six drilled, but uncompleted…
Page 4 Acquisition overview Mustang, Appaloosa and Orla 1 mile Orla Appaloosa Mustang Resolute acreage Acquired acreage 2,187 net acres adjacent to Resolutes existing operating area in Reeves County Estimate 112 gross (54…
Page 5 Acquisition overview Orla project area Orla Legend/well list 1 2 5 6 1 mile Upper Wolfcamp A Producing 102 101 1 2 3 4 Upper Wolfcamp A DUC 31 Upper Wolfcamp A Drilling 3 4 32 Wolfcamp B Producing 7 8 5 33 Wolfcamp B…
Page 6 Acquisition overview Southwest Rim Southern Reeves County Southwest Rim project area BERSON 10 miles WAR Barstow Pecos Toyah 1 mile Balmorhea 0 FEE Acquired acreage 2,405 net acres, with additional…