New Source Summary Integrated MLP with Upstream and Oilfield Services segments E&P Asset Profile (1) Headquartered in Oklahoma City, OK 20.6 MMBoe total proved reserves Initial Public Offering NSLP February 60% proved developed 2013…
Our Strategy Organically expand our business units Maintain a strong balance sheet Evaluate accretive acquisitions that augment our operations Prudently increase quarterly cash distributions 4
NSLP Acquisition & Distribution History February March May July October 2013 2013 2013 2013 2013 New Source Energy Completes first E&P Completes second E&P Increased distribution Completes fifth E&P Partners completes acquisition of…
E&P Acquisition History State of Oklahoma Outline of Hunton Reservoir NSLP Core NSE Core NSLP Operating Operating Acquisition Area Area March 2013 NSLP NSLP NSLP Acquisition Acquisition Acquisition May 2013 July 2013…
New Sources Oilfield Services Operations Drilling and Completion Services Drilling stage services currently specializes in safety and efficiencies in the pressure control platform Completion stage services currently specializes in…
Industry Drivers The market for pressure control has experienced rapid growth Demand for pressure control equipment and services during the drilling and completion phases of the life cycle of the well is primarily dependent upon the…
Blowout Prevention Installation and Pressure Testing Overview The key to providing BOP installation services is the utilization of Gin Trucks to place two winches on the rig floor, which are utilized to hold the BOP in place while…
Well Testing and Flowback Overview Fracking operations for unconventional completions can require 4,000 to 10,000 barrels of completion fluids per stage to be pumped into the formation These completion fluids must be recovered before…
New Sources Service Offerings and Value Proposition Emphasis on customer Safety, safety and safety service, as evidenced by large, blue-chip customer base Best-in-class hydraulic pumps allow New Source to Prevent expensive…
Appendix 12
Revenue and EBITDA Guidance Oilfield Services Division Revenue and EBITDA Guidance E&P Division Production and Expense Guidance 2H2014E 2015E 2H2014E 2015E Oilfield Services Division Production (Boe/d) 4,500 4,600 4,500 - 4,600…
Three Year Derivative Portfolio(1) Oil Gas NGL's Oil Gas NGL's Oil Gas NGL's Average Swap 103.52 4.09 54.97 Average Swap 88.90 4.25 75.18 Average Swap 86.00 4.37 - Average Floor 80.00 3.86 53.76 Average Floor 85.80 3.82 - Average…