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December 2017 Corporate Presentation – Erin Energy Corp.

Erin Energy Corp. · Dec 1, 2017 · 15 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. December 2017 Corporate Presentation – Erin Energy Corp. – slide 1
    Company Presentation December 2017
  2. December 2017 Corporate Presentation – Erin Energy Corp. – slide 2
    Erin Energy Corporation The Right Place at the Right Time Focused on Bringing on Elephant Fields and Growing Production…
  3. December 2017 Corporate Presentation – Erin Energy Corp. – slide 3
    Near-Term Catalysts Well to tap into Miocene formation with 1,109 MMbbls Mean Resources(1) Drilling to commence in 4Q 2017 Oyo-NW Fully-funded High % chance of success in relation to benchmarked projects Production expected in…
  4. December 2017 Corporate Presentation – Erin Energy Corp. – slide 4
    Our Company at a Glance We are a global E&P company with a leading Sub-Saharan Africa portfolio that is well positioned to provide exceptional value for shareholders NIGERIA Offshore Gross Interest Partner Status 2P / 2C Comment Acres…
  5. December 2017 Corporate Presentation – Erin Energy Corp. – slide 5
    Drill-Ready Exploration Wells Nigeria OMLs 120 and 121 Overview Prolific Western Niger Delta ( 40 Billion Barrels Discovered) Oyo NW Flanked by the Giant Fields Bonga, Erha & Bosi Production Facilities on the Block Prioritized…
  6. December 2017 Corporate Presentation – Erin Energy Corp. – slide 6
    Nigeria: Oyo-NW Planned Operations HORIZON 5 FAR AMPLITUDE/DEPTH MAP Pacific Drilling rig will spud well in 4Q 2017 A Drilling is estimated to last 60 days A massive NE-SW oriented, highly faulted, shale diapir influenced…
  7. December 2017 Corporate Presentation – Erin Energy Corp. – slide 7
    Oyo NW Prospect - Ikon Science: Quantitative Interpretation Geophysical Study Erin contracted Ikon to conduct a third party assessment of the prospect…
  8. December 2017 Corporate Presentation – Erin Energy Corp. – slide 8
    Nigeria: OML120 Ereng Prospect Targets Miocene mini-basin play; mean unrisked recoverable resources of 1.7bn bbl 715 m water depth Drill Depth: 4,200 m Mix structural-stratigraphic NW Proposed SE prospect with 4 amplitude Location…
  9. December 2017 Corporate Presentation – Erin Energy Corp. – slide 9
    Nigeria: OML120 G Prospect Multiple objects in the upper / mid Miocene play 850 900 m water depth Drill Depth: 2,600 m Upper/Mid Miocene amplitude supported play Faulted rollover anticline on top of shale ridge Mean un-risked…
  10. December 2017 Corporate Presentation – Erin Energy Corp. – slide 10
    Reserves with High-Impact Upside Potential Estimated 2P reserves and 2C resources add up Prospective resource base of up to 3.6 bboe to 101 mmboe at 2016 year-end contributed from the various prospects in OMLs 2P proved reserves of…
  11. December 2017 Corporate Presentation – Erin Energy Corp. – slide 11
    The Gambia Overview Fan Blocks A2 & A5 awarded in 2012 for 4 years to Discovery December 2018 SNE Farmed out 80% interest to FAR for 5.2MM and secured a carry on the first exploration well Discovery Exploration Well Planned for…
  12. December 2017 Corporate Presentation – Erin Energy Corp. – slide 12
    Ghana Overview Block with 3 discovered fields Near term development opportunity In-place oil volumes of 500 million barrels Exploration Potential Prospects are arranged in corridor Identified four high quality prospects adjacent…
  13. December 2017 Corporate Presentation – Erin Energy Corp. – slide 13
    Our Team Experienced and diverse international management team 1 2 3 4 Femi Ayoade Carl Scharpf 1. Masters (Petroleum Engineering), University of Houston 3. MSc (Geology), University of Cincinnati Chief Executive Officer VP,…
  14. December 2017 Corporate Presentation – Erin Energy Corp. – slide 14
    The Board Distinguished Board of Directors 1 2. 3 4 5 6 7 Frank Ingriselli 1 Chairman, Independent Director John Rudley 5 Independent Director Mr. Ingriselli serves as the President and Chief Executive Officer of Blackhawk…
  15. December 2017 Corporate Presentation – Erin Energy Corp. – slide 15
    Contact us For more information: www.erinenergy.com NYSE MKT: ERN I JSE: ERN Main +1 713 797 2940 Investor Relations +1 713 797 2960 Media +1 713 797 2960 Erin Energy Corporation Corporate Headquarters 1330 Post Oak Blvd., Suite…

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