Introduction Ameredev II is an Austin-based exploration and production company focused on the acquisition and development of oil and gas properties in the United States Backed by a 400 million equity commitment from EnCap Investments,…
Management Team TEAM EXPERIENCE Previous roles with Three Rivers Operating Company I/II, Cimarex Energy Co., and Parker Reese ConocoPhillips Chief Executive Officer Texas A&M University BS Petroleum Engineering Registered…
Ameredev I Aggregated contiguous, operated 16,7001 net acre Operated Boe/d3 position through 10 acquisitions and grassroots 4,000 leasing 3,500 3,000 Located in structurally quiet basin floor position with 2,500 multiple stacked…
Ameredev II Corporate Overview Overview Asset map Established a contiguous, long term, acreage position within a highly coveted area of the Northern Delaware Basin with resilient activity levels and returns at current oil prices…
Industry Well Results Stateline Area Gaucho Unit 14H Beowulf 33 St. Com 601H 2nd Bone Spring Wolfcamp A IP30: 1,922 BOE/D IP24: 2,765 BOE/D LL: 4,801 LL: 7,289 Devon EOG Leghorn 32 St. 201H Fascinator Fee Com 2H Avalon 3rd Bone…
Over-pressured Wolfcamp Oil Window Trend Woodford Structure 3rd Bone Spring 3rd Bone Spring Wolfcamp A Wolfcamp A WB WB 9
Optimal Position Updip of Basin Axis W E 2nd Bone Spring 3BS Ameredev II Land Position WA WB Wolfcamp Structure Wolfcamp A W E Central Basin WB Platform Basin Axis 10
Ameredev II Highlights Track record of building top-tier development projects in core areas of the Permian Basin Established largely contiguous land position in the Stateline area of Lea County The over-pressured Wolfcamp oil…