Arabella Exploration, Inc. OTCQB: AXPLF, AXLWF The Pure Play Southern Delaware Basin E&P Opportunity
ARABELLA EXPLORATION Summary Assets Ready to People Grow Financing 3
ARABELLA EXPLORATION About Arabella Exploration OTCQB: AXPLF Share Price (11/28/14) 4.25 Market Cap (11/28/14) 21.3mm Float 0.7mm Includes 190,477 shares purchased by Jason Insider Ownership(1) 4.3mm Hoisager at 10.50 on June…
ARABELLA EXPLORATION Major Recent Events 5
ARABELLA EXPLORATION About The Delaware Basin Arabella is an oil and natural gas company focused on the acquisition, development and exploration of unconventional oil and natural gas reserves in the Wolfbone Play of the Southern…
ARABELLA EXPLORATION Arabellas Acreage Position Arabellas position is located in the heart of the over-pressured, stacked pays of the Delaware Basin with the potential for high liquids producing wells out of multiple pay zones…
ARABELLA EXPLORATION Acreage Overview County Gross Acres Net Acres Reeves 8,369 4,399 Arabellas acreage is in what it Ward 640 402 considers to be the heart of the Pecos 91 71 Wolfbone Play Total 9,100 4,872 Jackson…
ARABELLA EXPLORATION Acreage Overview Energen Back In Arabella has backed into additional acreage in Reeves County owned by Energen Resources Corporation by paying its portion of the Energen Acreage expenses to date of drilling and…
ARABELLA EXPLORATION Acreage Overview Brigham Back In Arabella has backed into additional acreage in Pecos and Reeves County owned by Brigham Resources Operating, LLC by paying its portion Brigham Acreage of the expenses to date of…
ARABELLA EXPLORATION Working Interest Buy-Ins Arabella has purchased in working interests of 1.5 18.0% in its properties approximating to: - 350,000 BOE of proved reserves worth over 6 million in PV10 - 595 net acres Previous…
ARABELLA EXPLORATION Working Interest Buy-Ins (cont.) Previous Working Acquired New Working Undeveloped Acreage Interest Working Interest Interest Emily Bell 2 & 4 76.0375 5.0000 81.0375 Jackson 2 & 4 52.0625 5.0000 58.4629 Emily…
ARABELLA EXPLORATION Multi-Year Drilling Inventory Well 1 Well 2 Potential Zones Well 3 Well 4 Typical Well Above Bone Springs Layout Four Wells Per 640 1st Bone 1-2 Horizontal Targets Spring Acre Section At 160 Acre 2nd Bone…
ARABELLA EXPLORATION Production Capability Arabellas drilling team uses technology to maximize the efficiency of oil recovery including: Drilling multi-lateral wells, either in stages or grass roots Reentering vertical wells to…
ARABELLA EXPLORATION Drilling Overview Arabella has completed wells in each of the four main zones of the Wolfcamp Shale 1st Bone Spring Sand 2nd Bone Spring Sand Wolfcamp A 1 Well Completed 3rd Bone Spring Sand Wolfcamp A…
ARABELLA EXPLORATION Improved Drilling Efficiency and Results Well cost have been decreasing while initial production has been increasing Well Drilling Cost 24 Hour Peak Production Rate (MM) (BOE) 1,221 8.1 1,125 6.5 6.2 875…
ARABELLA EXPLORATION Existing Wells and Drilling Plan Working Lateral Peak Rate Peak Rate Interest Length Completed 24-hour 30-day EUR Well (%) (ft) Formation (BOE/day) (BOE/day) Percent Oil (BOE) SM Prewitt 1H Producing or…
ARABELLA EXPLORATION Estimated Future Production - Base Case, One Rig Based on a projected drill schedule and typical well curves, Arabella should show significant growth in production for the balance of 2014 and beyond 3,000 Jackson…
ARABELLA EXPLORATION Estimated Future Drilling Expense - Base Case, One Rig Based on the current Base Case drilling schedule, Arabella will have sufficient capital under its new Senior Secured Note facility to complete the proposed…
ARABELLA EXPLORATION Arabella Management Team Jason Hoisager Chief Executive Officer and Director Mr. Hoisager is the founder and Chief Executive Officer of Arabella Exploration, Inc. a company he established in 2008 and which is…
ARABELLA EXPLORATION Arabella Management Team (cont.) Richard Masterson Head Geologist Mr. Masterson is the Head Geologist at Arabella where he aids in acquiring desirable acreage, monitoring local drilling information and results and…
ARABELLA EXPLORATION Arabella Board of Directors Berke Bakay Mr. Bakay currently is the President and Chief Executive Officer and serves on the board of directors of Kona Grill, Inc. (NASDAQ: KONA), an American grill and sushi bar.…
ARABELLA EXPLORATION Growth to Date PDP increased from 4.5mm on December 31, 2013 to 15.3mm on June 15, 2014 Proved Reserves(1) PV10 Proved Reserves(1) Production(2) (BOE) () (BOE/Day) 46,134,395 2,618,426 615 2,073,289…
ARABELLA EXPLORATION Financial Results Financial Results Growing as Production Grows Though Trailing Results Still Not Indicative Total Revenues EBITDA Fully Diluted EPS(1) 4,766,918 0.10 0.10 1,534,464 0.06 661,612…
ARABELLA EXPLORATION Milestones/Catalysts Milestones Catalysts Going Public December 24, 2013 Exercise back-in after payouts CEO Jason Hoisager purchases Achieve PDP targets to sell remainder Company 190,477 ordinary shares for at…
ARABELLA EXPLORATION Summary Assets Ready to People Grow Financing 30
ARABELLA EXPLORATION Contact Information 500 W. Texas Avenue Suite 1450 www.arabellaexploration.com Midland, Texas 79701 Telephone: (432) 897-4755 Phone Email Company William B. Heyn (432) 279-0790…