Midland Basin Acquisitions – Parsley Energy Inc.

Parsley Energy Inc. · Aug 25, 2014 · 4 slides

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Slides

Midland Basin Acquisitions August 25, 2014
Midland Basin Acquisitions Overview Transaction Summary Midland Basin Position and Acquisition 5,472 net acres in Reagan County for 252 million Bolt-on assets in heart of primary horizontal development area Contiguous with previously…
Bolt-on Assets Encompassed by Strong Well Results Legend Acquired Acreage Shackelford 72HB Parsley Acreage Lateral length: 4,874 Midland Basin Midland Midland Basin Peak 24hr/30day IP (Boe/d): Basin Core Tier I 1,134/878 %…
Acquired Acreage and Inventory Net Acreage Acquired Net Acreage Pro-forma Net Acreage (1) (2) Surface Effective Surface Effective Midland Basin Core 4,228 20,800 42,011 182,789 Pending Pending Pending Pending Midland Basin Tier 1…