Building A Solid Foundation For Future Growth 2017 Exceed 10,000 BOEPD By Year-End 2017 Finalize Barnett Sale, Becoming A Pure Play Delaware Basin Small Cap Reduce Drilling Days…
Rosehill Pro-Forma Key Metrics Preeminent Delaware Basin small-cap E&P Lea County company with two core operating areas Production surpassed 9,000 BOEPD (73% oil and 82% liquids) Net Acres: 9,200 Total Proved Reserves 24,764…
Rosehill Strategy Continue improvements to drilling and completion techniques to Optimize improve EUR, minimize costs and improve returns Operations Drive down cash operating costs and improve margins to grow cash flow Expand…
Acquisition Delivers on Rosehills Requirements Requirement Result Transformative & Value Doubles acreage position at an attractive metric Adding Establishes second core operating area in the Delaware Basin 86% average working…
Acquisition Overview Establishes second core Parsley 201 MBO + 132 MCF Wolfcamp A Structure operating area in the 13 Months Parsley CI = 100 Ft Wolfcamp A IP 873 BO + 623 MCFPD Delaware Basin Parsley Wolfcamp A…
Acquisition Overview Wolfcamp A & B Thickness Acquisition Area Wolfcamp falls in Type Well Oxy Rosehill Ward a localized depositional Sweet Leslie 11 1 Waha Spot between the Coyanosa-Waha ridge and the Central Basin Platform…
Acquisition Overview Acquisition Area Oxy Mineral Technologies Wolfcamp A/B combination in the Acquisition Leslie 11 1 22 Miles Neal State 14-11 Reeves County Area is similar in thickness to the Reeves Pecos County County Core…
Pro-forma Capital Structure Capital Structure(1) Ample liquidity of 150 to 225 million dependent upon additional acreage acquisition Share Price(2) 8.88 through March 8, 2018 Class A Common Stock (MM) 6.0 Credit facility paid down to…
2018 Guidance and 2019 Preliminary Forecast(1) 2018 2019 Guidance Forecast Price Assumptions WTI/HH (2) 55 / 3.00 55 / 3.00 Total Capital (MM) (3) 350 - 375 400 - 475 Production (BOEPD) 15,500 17,000 23,000 25,500 Adjusted…
Type Curve Summaries Pecos County Upper Lower Wolfcamp A Wolfcamp A Wolfcamp B Acquisition Type Curves Type Curve (UWCA) (LWCA) (WCB) 1,200 300 Lateral Length 5,000 ft. 5,000 ft. 5,000 ft. Completion Gen 3 Gen 3 Gen 3 1,000 250…
Type Curve Summaries Loving & Lea County Upper Lower Wolfcamp A Wolfcamp A Wolfcamp B Loving & Lea Type Curves Type Curve (UWCA) (LWCA) (WCB) 1,200 350 Lateral Length 5,000 ft. 5,000 ft. 5,000 ft. Completion Gen 3 Gen 3 Gen 3 1,000…
Focused On The Future Profitable Growth Drill and Complete Existing Organic Leasing Accretive Acquisitions Inventory of 420+ Locations Conservative Financial Management Grow Cash Flow to Maintain Strong Expand Liquidity and…
APPENDIX
Adjusted EBITDAX Reconciliation - t housands 2017 Guidance 2018 Guidance 2019 Forecast Net income (loss) 4,342 - 13,642 51,000 - 58,000 78,000 - 86,000 Interest expense, net 1,000 - 1,500 13,000 - 17,000 21,000 - 26,000 Income tax…