Skip to main content Johnson Rice & Company Energy Conference – Samson Resources II LLC Investor Presentation | Shale Experts
Loading...

Johnson Rice & Company Energy Conference – Samson Resources II LLC

Samson Resources II LLC · Sep 25, 2018 · 23 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. Johnson Rice & Company Energy Conference – Samson Resources II LLC – slide 1
    Samson Resources II, LLC Johnson Rice & Company Energy Conference New Orleans, Louisiana II September 25-26, 2018
  2. Johnson Rice & Company Energy Conference – Samson Resources II LLC – slide 2
    Samson Today
  3. Johnson Rice & Company Energy Conference – Samson Resources II LLC – slide 3
    Samson Today Samson is focused on delivering shareholder return with a balanced and lower risk growth strategy........... Strategically Repositioned Pure play Wyoming focused E&P Operator. Company has 200,000 net acres in the Powder…
  4. Johnson Rice & Company Energy Conference – Samson Resources II LLC – slide 4
    Samson Liquidity Current ResourcesSummary II 2017 was a busy year . 2018 Focus Focused on oil production and reserve growth in the Powder River and Green River Basins of Wyoming. 2018 Capital program of 170 MM (includes 20 MM in…
  5. Johnson Rice & Company Energy Conference – Samson Resources II LLC – slide 5
    Samson Liquidity Current ResourcesSummary II 2017 was a busy year . Samsons Liquidity Overview of RBL Credit Facility 106.5 MM Borrowing Base, 0 Drawn Scheduled redetermination on 10/01/2018 Anticipating material increase to current…
  6. Johnson Rice & Company Energy Conference – Samson Resources II LLC – slide 6
    Q2 2018 Samson Reserves Reserves Summary PV-10 (K) Oil NGL Nat. Gas Total SEC Reserves Category (MBbl) (MBbl) (MMcf) (MBoe) 06/30/2018(2) PDP 7,809 5,299 44,789 20,573 211,388 PDNP 0 0 0 0 0 PUD 6,186 23,296 140,910 52,967 143,141…
  7. Johnson Rice & Company Energy Conference – Samson Resources II LLC – slide 7
    Samson Liquidity Current ResourcesSummary II 2017 was a busy year . Samsons Production Growth Operated Rig Count Powder River 0 1 2 4 Green River 0 1 2 2 Total 0 2 4 6 II (1) CAGR calculation based on 2017 exit to 2020 exit…
  8. Johnson Rice & Company Energy Conference – Samson Resources II LLC – slide 8
    Asset Overview
  9. Johnson Rice & Company Energy Conference – Samson Resources II LLC – slide 9
    Powder River Basin Net Acres: 150,000 (83% HBP) Current Prod: 2,600 Boe/d (89% liquids) Op Producing: 120 gross Locations: 2,470 gross Current Drilling Program: Average GWI 78% Average NRI 64% 8/8th NRI 82% - 85%…
  10. Johnson Rice & Company Energy Conference – Samson Resources II LLC – slide 10
    Powder River Activity Unconventional Wells **Samson Res** LS Energy Silva 34-7 Rufous Fed 44-0113 47-79MH 12850 Mowry/Muddy Vert Test Mowry 2-Sect Hzl Test WOC Spud: 10-2018 ATX Expl Grizzly Bear 36-2NH Niobrara 1-Sect Hzl, WOC…
  11. Johnson Rice & Company Energy Conference – Samson Resources II LLC – slide 11
    Powder River Activity Conventional Wells **Samson Res** Spearhead Fed 44-0112 39-75SH 2018 Samson Operated Shannon SD Hzl TDd, W.O.C. Drilling Focus Drilling Focus Areas Area Ogallala Fed 21-2115 40-75H EOG Catapult 364-1402H…
  12. Johnson Rice & Company Energy Conference – Samson Resources II LLC – slide 12
    Growing Industry Momentum in the Powder River Active Rigs: 2 Net Acres: 400,000 net acres Active Rigs: 5 Q2 18 Net Prod.: 32 MBoe / day Yesterday afternoon we introduced two new premium plays Net Acres: 256,000 net acres in the…
  13. Johnson Rice & Company Energy Conference – Samson Resources II LLC – slide 13
    Powder River Basin Permit Activity 50,000 45,000 40,000 Net Acres(3) by Operator Permits 1) 450,000 - Anadarko 3,154 35,000 2) 406,000 - Anschutz 1,542 3) 400,000 - EOG 4,925 30,000 4) 398,000 - Devon 1,340 5) 275,000 - Chesapeake…
  14. Johnson Rice & Company Energy Conference – Samson Resources II LLC – slide 14
    Samson Field Development Plan II 15
  15. Johnson Rice & Company Energy Conference – Samson Resources II LLC – slide 15
    Samsons Powder River Basin Permit Activity Crazy Woman/Hummingbird Parkman 33 Sussex 29 Shannon 21 Crazy Woman/Hummingbird Niobrara 108 Frontier 42 Mowry 112 Muddy 26 Dakota 32 North Tree Shannon 20 Niobrara 17 Frontier 4 Mowry 25…
  16. Johnson Rice & Company Energy Conference – Samson Resources II LLC – slide 16
    Deep Inventory Opportunity in the PRB Samsons 150,000 net acres are situated down the Powder River Basins geological axis and strategically located over the Shannon, Niobrara, Frontier / Turner, and Mowry formations. Overall, the…
  17. Johnson Rice & Company Energy Conference – Samson Resources II LLC – slide 17
    Samson Position in Powder River Hot Spots Hummingbird Mowry Shale Pressure Gradient Map Hot Spot Deeper Depths = Higher BHP Increased BHT = Higher BHP Subsurface Hot Spots in Basin result in higher than normal bottom hole…
  18. Johnson Rice & Company Energy Conference – Samson Resources II LLC – slide 18
    Green River Basin Net Acres: 50,000 (58% HBP) Current Prod: 3,700 Boe/d (49% liquids) Op Producing: 38 gross Locations: 845 gross Current Drilling Program (1): Average GWI 88% Average NRI 73% 8/8th NRI 82% - 85% Highly…
  19. Johnson Rice & Company Energy Conference – Samson Resources II LLC – slide 19
    Greater Green River Type Log Fort Union Play Type Fort Union Lance Fox Hills Pervasive, liquids-rich targets exist within stacked, compartmentalized and over-pressured fluvial packages Reservoir resolution and…
  20. Johnson Rice & Company Energy Conference – Samson Resources II LLC – slide 20
    NW SEC 32 Pad SRC 2017/18 Drilled Greater Green River Milagro Federal Unit Boundary Overview Samson has moved to multi- well development in NW Sec 32 Pad Conducting down spacing test at 20 acres Exploit Pad development Phase…
  21. Johnson Rice & Company Energy Conference – Samson Resources II LLC – slide 21
    Samsons Fort Union Generation 2 900,000 16V Gen-2 Outperformance 800,000 700,000 Samson drilled vertical wells during the 2008 2015 utilizing Generation 1 600,000 completion designs Cumulative MMcfe Average 3 stages and…
  22. Johnson Rice & Company Energy Conference – Samson Resources II LLC – slide 22
    Endurance 1595-S32 NW Pad Overview Drilling 7 vertical Fort Union wells from a common pad: To test 27 acre spacing assumptions To exploit pad efficiencies to reduce drilling and completion costs Anticipate adding 6 PUDS per pad…
  23. Johnson Rice & Company Energy Conference – Samson Resources II LLC – slide 23
    The Future Drilling program will delineate Samsons acreage position in the PRB and GGR. Focused on maintaining a strong balance sheet while delivering production growth at top tier returns to investors. Excellent asset base in the…

From the store

Browse maps, data & reports in the Shale Experts store