Overview Falcons primary assets are located in the core of the Eagle Ford under premier operators and benefit from premium pricing Market / Asset Overview Core of the Eagle Ford Shale NASDAQ Ticker FLMN Market Capitalization (1)…
Investment Highlights Significant line of sight in the short term along with Hooks Ranch expected to be connected in early 2020 Approximately 179 line of sight wells (2.44 net wells) currently in the process of active development with…
World Class Operators Developing Falcons Position Approximately 50% of ConocoPhillips, BP/Devon and EOGs Eagle Ford rigs are running on Falcons assets Operators Core of the Core in the Eagle Ford Shale Announced addition of a seventh…
Development 1H19 Development Line of Sight Development Active Gross Wells Average Net Gross Wells Average NRI Net Wells Rigs TIL NRI Wells TIL Estimate for Q119 as Waiting on 5 28.0 0.42% 0.12 8 1.16% 0.09 of Earnings Call…
Hooks Ranch Update Four Hooks Ranch wells were spud in July 2019 2 wells to total depth and one well is currently being drilled as of 8/7/19 Hooks Ranch Development Hooks Ranch Lease Falcon Minerals has a 22.5% royalty interest in the…
Financial Overview Capitalization as of 6/30/19 Strong free cash flow generation Cash 2.9mm Falcon has consistently paid over 90% of its Revolving Credit Facility Borrowing 36.5mm free cash flow back to its shareholders through a…
Key Takeaways Significant line of sight production driven by increases in rig count and higher NRI wells coming online Hooks Ranch development in process Fully dedicated and aligned management team Continued conservative…