Jagged Peak A Delaware Basin Leader Large position in the deep, over-pressured oil window of the Wolfcamp A Structure Map Delaware Basin 74,700 net acres with average working interest of 90% laid out in blocky, contiguous footprint…
Company Highlights Large, contiguous position in the thick, oil-saturated, favorably over-pressured core of the Delaware Basin Acreage increased during 3Q17 to 72,600 net acres Premier Position in Further increased to 74,700 net…
Delivering as Promised Consistent Peer Leading and Top Quartile Results Industry leading oil content YTD 2017 Oil Content YTD 2017 Oil & Gas Revenue / Boe (1) drives superior revenue & EBITDAX per Boe (% oil) 41.84 81% 78%…
Continued Strong Execution 3Q17 vs. 2Q17 production growth of 30% JAG Production Profile (MBoe/d) Growth of 198% since IPO Actuals FY 2017: 17.5 17.8 MBoe/d Guidance 27.0 Current net production of 23,500 Boe/d 26.0 19.2 (November…
Significant Upside Beyond Target Zones Whiskey River Type Log Collier 1201 Currently targeting the well- delineated Upper / Lower Wolfcamp Current Zone A, Wolfcamp B and 3rd Bone Currently Evaluating Spring Well-delineated across…
Manageable Lease Obligations Leasehold Map Project Areas Cochise Whiskey River Big Tex Current Acres (net) (1) 12,900 35,700 24,000 Current Target 243 937 232 Cochise Locations (2) Average Lateral Length 8,860 6,960 7,510 of…
Massive Oil Column Significant upside beyond current target zones Cochise University 2801 Whiskey River Collier 1201 Big Tex BTS 501 Current Zone OOIP: 106 MMBo/sec Current Zone OOIP: 112 MMBo/sec Current Zone OOIP: 58 MMBo/sec Total…
Expanding Delaware High Oil Cut Inventory Oil % 3rd Bone Spring thru Wolfcamp Currently producing from seven high oil content horizons with upcoming 3rd Bone Spring well representing the eighth Oiliest asset base among Permian peer…
Recent Optimized Completions Outperforming Increasing stimulated rock volume and Completion Parameters performance through tighter cluster Completion Design Optimized Completion Historical Design spacing and use of diversion material…
Woodford Exploration New Development Target in Big Tex Prolific source rock and development target across southern Midcontinent and western Delaware Basin SNL 3427-142 2H Recent successful test of the Woodford Shale produced an IP30…
Woodford Data Collection Significant Discovery in Big Tex SNL 3405-142 2H Pilot Initial Core Analysis Results Peak oil generation thermal maturity (Ro) of 0.84 High total organic content (TOC) 7% weighted average, ranging to over 13%…
Significant Completion Upside Remains In Woodford Shale Strong IP with only 450 Proppant Placement Tied to High Quality Target Elevated Frac Gradients in Lower Quality Targets completed in the high 400,000 1.20 quality target…
Wolfcamp C Proving Up Additional Horizon Wolfcamp C is an attractive Wolfcamp Cross-Section target that is prospective in Cochise and Whiskey River Wolfcamp C Isopach (ft) Has been tested North South regionally in both Delaware…
Actively De-Risking Across the Acreage and Column Past and Planned Delineation Efforts Expansion Area Activity Stratigraphic Delineation Whiskey River Type Log (Collier 1201) 1 UTL 4443-21 2H, 3H, 4H Lower Wolfcamp A Completing…
Extensive Drilling Inventory With Long Laterals 1,412 Current Target Drilling Locations in Highly Delineated Formations Identified Locations by Formation TBD TBD 920+ 2,300+ WDFD WC C 2 BS 314 1,412 660 Spacing 318 353…
Strong Financial Position Focus on financial flexibility Maintain conservative capital structure and liquidity Capitalization Table as of September 30, 2017 Fund growth with IPO proceeds, cash flow and revolver Quarter End Target…
Full Year 2017 Guidance Development Program Highlights Full Year 2017 Guidance Summary 2017 capital focused on increasing production 2017 Guidance Range and maintaining leasehold acreage Updated Production No significant leasehold…
Jagged Peak is Positioned for Growth Premier, Contiguous Acreage Position in the Oil Core of the Delaware Basin Stacked Pay with Significant Horizontal Inventory Low-Cost Operator Disciplined Financial Approach Proven…
Oil & Gas Marketing Overview Oil Gathering Overview Significant capacity in place to access multiple attractive market hubs No volume commitments Cochise and Whiskey River oil production dedicated to Oryx providing takeaway to…
Water Infrastructure Overview Designed to meet future production needs with cost reduction in mind Jagged Peaks 100% owned water system provides 100% of the Companys source and disposal requirements for its current drilling program…
Non-GAAP Reconciliation Three Months Ended Nine Months Ended September 30, September 30, 2017 2016 2017 2016 (in thousands) (in thousands) Adjusted Net Income (Loss) Net Income (Loss) (15,219) 5,410 (464,697) (7,789) Adjustments…