Fourth Quarter 2013 Earnings Call Presentation March 13, 2014
2013 Highlights Rig Ramp More than tripled rig count from 3 rigs just over a year ago to 10 rigs at year-end 2013 (8 Cleveland; 2 Woodford) Production Growth Grew production 28% to 17.0 MBoe/d from 13.3 MBoe/d in 2012 Oil…
2014 Development Plan 2014 Development Plan 2014 D&C CapEx by Area - 310 million 2014E 2014E Area Rigs Gross Wells Net Wells 3% Cleveland 8 103 73 Woodford 2 25 11 16% Total Operated 10 128 84 Other / Non-Op - 11 2 Total 10 139…
Jones Operated Historical Data Cleveland IP 30 Historical Data (2011-2013) [1] 3-Year IP30 Average: 504 Boe/d 30 25 20 Well Count (106) 15 10 5 0 0-50 50-100 100-200 200-300 300-400 400-500 500-600 600-700 700-800…
2014 Blended Production Profile Cleveland Single Well Profile[1] 10,000 100,000 Oil Wet Gas Total[2] % Liquids 67% IP Bbl/D Mcf/D Boe/D % Oil 35% 30 Day IP 285 947 501 90 Day IP 190 787 370 Gas Shrink 31% Cum. Production MBbl MMcf…
Appendix
EBITDAX Reconciliation Fiscal Year End 12/31/ Quarter End 12/31/ in '000s 2013 2012 2013 2012 Net Income (Loss) 22,405 (3,079) (9,077) (20,678) Interest Expense (excluding Amortization of Deferred Financing Costs) 28,097 21,748…