Corporate Presentation Jan 2019 TSXV: JCO OTC: JROOF
Jericho Oil About Us Corporation U.S. Onshore Shale Basins A Portfolio with Option Value at Various Prices Low break-evens and prudent hedge strategy protect cash flows Exploit optionality of high-quality assets through development…
Disciplined About Us Barbell Strategy for Investors 2015-2016 2017-2018 2019+ Acquisition of distressed and Establish position in Lowest Break- Manage our portfolio of assets for the undercapitalized assets during Even, High-Growth…
Value Proposition About Us Delivers Strong Returns Through Cycles Jericho Oil Works at Lower Prices Jericho Oil Works at Higher Prices Next 12 months: 75% of oil production hedged at 45 / bbl + Torque from favorable asset-level cash…
Jericho Oil About Us Illustrative Net Asset Value JCO Asset Value (mm) Public STACK Transaction Comparables Implied P / NAV: 44% Implied: CAD 0.91 Current: CAD 0.41 JCO Proved plus Probable STACK JV Illustrative Value Total…
Jerichos About Us Team Brian Williamson Chief Executive Officer Brian has been a part of the energy industry since 1995. Mr. Williamson, in his role as CEO, is responsible for Jerichos corporate vision, direction and strategy. Day to…
Jerichos About Us Team (contd) Tony Blancato Director of Business Development & Marketing Tony has been a part of Jericho since 2014. He is largely responsible for capital raises and representing the company in the capital markets…
Primary STACK About Us Attributes World-class Woodford source rock Favorable Geology 3,000 feet of saturated hydrocarbon column Multiple reservoirs w/ development opportunities Robust service sector support Extensive…
Well Positioned About Us Amongst Prominent Operators STACK Acreage up 75% over last 12 months Current STACK JV: 16,000 net acres Interest in four Osage wells & two Meramec wells Efficient co-development of fractured 700-foot target…
Why STACK About Us Anadarko Super Basin Well Control Oklahoma Oil & Gas Fields Significant system of petroleum reservoirs in northern and eastern Anadarko, defined by thousands of vertical wells in and around Sooner Trend Oil Giant…
Evolution About Us of the Anadarko Super Basin Pre-2000 Vertical Wells Post-2000 Horizontal Wells TSXV: JCO OTC: JROOF 12 For discussion purposes only and does not constitute an offer to sell Past performance is not indicative…
STACK Petroleum About Us System and Economics Consistent and Prominent Osage Section Thickening to the North and West MAJOR COUNTY BLAINE COUNTY KINGFISHER COUNTY A A Meramec Shale Meramec Lime 700 Upper & Middle Osage…
Why STACK About Us Leading U.S. Shale Economics Top Tier Single Well Economics 60 IRR 10% IRR 15% One of the lowest PV-10 Breakeven in Lower 48 (32/bb) WTI Breakeven Price 50 40 30 20 10 - Have Sustained Basin…
Strong Economics About Us & Entry vs. Other U.S. Shale Basins One of the Lowest Cost U.S. Shale Oil Basins Oil Economics WTI Basin Breakeven Estimates 60,000 90,000 8,000 20,000 35,000 60,000 8,000 20,000 10,000 20,000 10,000…
SURE Play, About Us South Central Oklahoma Basin Seminole Uplift Resource Extension (SURE) Counties - Pottawatomie, Seminole & Cleveland counties Formations Woodford, Hunton, Caney & Mays Current Production: 400 BOEPD Current…
SURE Play About Us Overview Seminole Uplift - Cherokee Platform 324 square miles 200,000 acres Oil produced: 773,806,355 BO Gas produced: 101,310,049 mcf Centered on the Big Play Oil Fields 100,000,000 MBO Produced Vertically…
Osage Extension, About Us N.E. Oklahoma Basin Cherokee Platform Counties - Noble, Pawnee & Creek Counties Formation Mississippian Lime, Woodford & Cleveland Current Production: 275 BOEPD Current Activity: testing of refrac…
Jericho Oil About Us STACK Basin Benchmarking Public STACK Transaction Comparables Net STACK Production / Acre Date Seller Purchaser Deal Value (mm) Acres (boe/d) Headline Prod. Adjusted 8/8/2017 Continental Resources Undisclosed 73…
Joint Venture About Us Ownership Jericho Oil (JCO) JOINT VENTURE (Ownership VIA wholly PARTICIPANT owned subsidiary) 50% 50% AcquisitionCo 100% WI/NRI Asset A Strategic Joint Venture Advantages: Accelerate growth strategy…
Contact Us About Us Corporate Headquarters 604.343.4534 750 W Pender Street, Suite 350 Vancouver, BC, V6C 2T7 Regional Headquarters (U.S. Subsidiary) 844.211.2961 321 South Boston, Suite 700 Tulsa, OK 74103…