Enercom Dallas Oil & Gas Investor Conference February 22, 2018
Rosehill Highlights Preeminent Delaware Basin small-cap E&P company with two core operating areas Lea County Production surpassed 10,000 BOEPD (82% oil and 92% liquids) (1) Net Acres: 11,150 Total proved reserves 31,132 MBOE (2)…
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 and…
Milestones & Targets 2017 Accomplishments 2018 Objectives Finalized KLR & TEMA Business Fully Implement Improved Gen-3 Combination With 4,500 Acres In Completion Design In Loving County Delaware Basin And 5,430 BOEPD Reduced…
Reserve Profile High liquids-weighted reserves December 31, 2017 Reserves (SEC Pricing) (1) drive value creation Net Oil Net Gas Net NGL Net Equiv. PV-10 (2) 80% liquids (MBO) (MMCF) (MBBLS) (MBOE) (MM) Proved Developed Producing…
2018 Guidance and 2019 Preliminary Forecast (1) 2018 2019 Guidance Preliminary 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…
Peer-Leading Growth Profile Peer-leading growth in cash flow per debt-adjusted share demonstrates focus on value creation and capital efficiency Cash flow growth underpinned by high oil and liquids production contribution, increasing…
Growth with Conservative Capitalization Conservative balance sheet with outsized growth doubling of acreage and inventory through White Wolf acquisition Oil comprises majority of production and drives strong returns 2018 Production…
Attractive Relative Valuation Substantial valuation discount to peers Strong cash flow per debt-adjusted share growth and conservative capital structure Newly public and under-followed, with research coverage from two firms Northland…
Type Curve Summaries Loving & Lea Counties Upper Lower Type Curve Wolfcamp A Wolfcamp A Wolfcamp B Loving & Lea Type Curves (WCB) (UWCA) (LWCA) 1,200 350 Lateral Length (Ft.) 5,000 5,000 5,000 Completion Gen-3 Gen-3 Gen-3 300…
Type Curve Summaries White Wolf (Pecos County) Upper Lower Type Curve Wolfcamp A Wolfcamp A Wolfcamp B White Wolf Type Curves (WCB) (UWCA) (LWCA) 1,200 300 Lateral Length (Ft.) 5,000 5,000 5,000 Completion Gen-3 Gen-3 Gen-3 1,000…
Pro-Forma Capital Structure (1) Ample liquidity of 186 million. Pro-Forma Capital Structure Liquidity includes 50 million from a (in millions) possible Series B Preferred issuance and may be reduced by approximately 39 Class A…
Focused On The Future Profitable Growth Drill And Complete Existing Organic Leasing Accretive Acquisitions Inventory Of 470+ Locations Conservative Financial Management Grow Cash Flow To Maintain Strong Support Drilling And…
APPENDIX
Recent Loving and Lea County Results Compelling Area Results EOG EOG Chevron Endurance Significant number of offset State Magellan 13H Peak Rate: 1,746 BOEPD 3rd Bone Spring Sand State Magellan 15H Peak Rate: 1,619 BOEPD 1st…
White Wolf Overview New Opportunities Parsley Wolfcamp A 234 MBO 15 Months Establishes second core Wolfcamp A Parsley IP 873 BO + 623 MCFPD Structure CI = 100 Ft operating area in the Parsley IP 1,286 BO + 868 MCFPD Wolfcamp A…
White Wolf Overview Wolfcamp A & B Thickness Wolfcamp A and B reservoirs at White Wolf are in a localized Type Well Oxy Rosehill Ward Leslie 11 1 Waha depositional Sweet Spot between the Coyanosa-Waha Ridge and the Central Basin…
White Wolf Overview White Wolf Wolfcamp A/B combination in the White Wolf Oxy Leslie 11 1 Mineral Technologies Neal State 14-11 area is similar in thickness to the Reeves Reeves County 22 Miles Pecos County County Core with…
Refining Completions Techniques Gen-1 (2013-14) Gen-2 (2015-16) Gen-3 (2017-Fwd) Completion Leveraging service company Internal engineering optimization Early designs, ramping up Designs knowledge to improve designs using Company and…
Gen-3 Type Curves Create Growth and Value Gen-3 type curves are an average 40% improvement above Gen-2 type curves Early results from recent completions EURs: 400 MBO, 75% Oil EURs: 459 MBO, 67% Oil are encouraging, new wells…
Preferred Stock Summary Series A Preferred Stock Series B Preferred Stock Issuer Rosehill Resources Inc. (Nasdaq: ROSE) Rosehill Resources Inc. (Nasdaq: ROSE) 150,000 shares issued on December 8, 2017; Rosehill Size 98,298 (1) may…
Adjusted EBITDAX Reconciliation Adjusted EBITDAX is a supplemental non-GAAP financial measure that is used by Rosehills management and external users of our financial statements, such as industry analysts, investors, lenders and rating…
Cautionary Statements and Additional Disclosures This presentation has been prepared by Rosehill and includes market data and other statistical information from sources believed by Rosehill to be reliable, including independent industry…
Experienced Management Team J. A. (Alan) Townsend President & CEO Over 45 years of industry experience with Tema since 2001 Former President of Equitable Resources and CEO of Camelot Oil and Gas BS and Masters in Petroleum…
Board Of Directors Gary Hanna Chairman Over 30 years of industry experience Former CEO and chairman of EPL Oil & Gas, Inc. prior to sale to Energy XXI in 2014 Currently a member of the board of Aspire Holdings Corp. J. A. (Alan)…
Loading...
