Solid Capital Structure and Established Management Processes & Discipline March 31, 2018 Capital Structure MM Cash 55 275MM (4) Borrowing Base 1st Lien 0 11% 5NC2 Secured Notes Notes (1) 325 due 2023 Total Debt 325 55% Bain and…
Poised for Expected Further Industry Transformation Consolidation Asset Purchases Strategic Exits Candidates Independents provide consolidation Companies reducing GoM Companies exiting the opportunities for exposure gives…
Potential Deepwater Risks and Mitigants GOM Risks Mitigants High-Risk Deepwater oil reservoirs have excellent rock properties and characteristics for high flow rates and low rates of decline Conventional Advances in 3-D seismic…
Seasoned Board of Directors 7 total board members (3 independent) Significant experience running public companies and investing across the energy industry Industry and vertical expertise Current Board Members Founder, Chairman, CEO…
EnVen Wins 2018 NOIA Safety in Seas (SIS) Culture of Safety Award EnVen Energy Corporation Wins 2018 NOIA Culture of Safety Award Washington, D.C. - The National Ocean Industries Association (NOIA) presented EnVen Energy…