Table of Contents - Introduction - Company Overview - Asset Overview - Reserves and Operations - Appendix July 2017 Confidential 3
Company Overview 4
Management Rich Frommer President & Chief Executive Officer 35 years in the industry Prior experience: Tom Mandula Jay Smith Chief Financial Officer Chief Operating Officer 17 years CFO experience 30 years in the industry…
GWOG Overview Pure-play Wattenberg operator delivering basin leading results 53,227 net acres, 86% HBP, 76% operated 2,315 1.5 mile equivalent total gross Hz locations with average lateral length of 8,260 ft. Core acreage…
Strong Financial Partners Private investor with 40-year track record in energy, For nearly 100 years, TIAA has been a leading provider of transportation, real-estate and healthcare U.S. retirement benefits currently serving five…
GWOG Strategy Convert our low cost, low risk, high return inventory into sustainable high margin cash flow, production and reserve growth Maintain conservative leverage High margin operator with an profile / strategy and allocate…
Asset Overview 9
DJ Basin- Diagrammatic Cross Section DECREASING RESERVOIR ENERGY July 2017 10
Premier Acreage Position in the Core of the Wattenberg Wattenberg Operator Acreage Summary Wattenberg Heat Map Source: RSEG, IHS Enerdeq, Investor presentations, Investor transcripts and Company materials. July 2017 Confidential…
Full Resource Development 30 Wells per Section 30 Wells Per Section Niobrara A, B, C & Codell 8 NBRR A, 7 NBRR B, 8 NBRR C, 7 CDLL 750 Spacing 750 feet inter-well distance within each bench Other operators are drilling on as…
Great Western Company Performance GWOG has some of the lowest Drilling and Completion costs in the DJ basin GWOG well results have demonstrated lowest breakeven at 30/bbl in 2016 vs. competitors in DJ basin July 2017 Confidential…
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