Harvest Oil & Gas Investor Presentation April 2020
Forward-Looking Statement This presentation contains certain statements that are, or may be deemed to be, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities…
Harvest Oil & Gas Overview Upstream corporation began operations in June 2018 Successor to EV Energy Partners, L.P. (EVEP) as part of pre-packaged Chapter 11 Plan Common stock & warrants trade on OTCQX & OTCQB under symbols HRST &…
Appalachian Basin Over 90% operated Total acreage: 916,832 gross / 713,401 net acres Reservoirs: Primarily Knox and Clinton, as well as other Devonian age sands Reservoir Depths: 4,000 7,000 (majority of wells) Gross wells as of…
Michigan In March 2020, entered into agreement to sell Michigan with expected closing in second quarter 2020 Over 90% operated Total acreage: 87,538 gross / 66,396 net acres Reservoirs: Antrim Shale Reservoir Depths: 1,000 1,400…
2020 Commodity Hedging Portfolio Product Hedged Volume Hedged Price Natural Gas 28 mmcf/d 2.68 Crude 1,070 bbl/d 60.50 Ethane 40 bbl/d 11.91 Propane 45 bbl/d 29.23 Note: As of April 9, 2020 7
2020 Guidance ( in millions) 1H 2020 (1) 2H 2020 Net Production Natural Gas (Mmcf) 5,208 - 5,756 3,312 - 3,661 Crude Oil (Mbbls) 197 - 218 193 - 213 Natural Gas Liquids (Mbbls) 15 - 16 10 - 11 Total Mmcfe 6,481 - 7,164 4,531 -…
Appendix
Senior Management Team Michael E. Mercer has served as President and Chief Executive Officer of Harvest and as a member of the Board since June 2018. Mr. Mercer served as President and Chief Executive Officer of EVEP from March 2015…
Board of Directors Steven J. Pully has served as the Chairman of the Board since March 2019 and as a member of the Board since June 2018. He provides consulting and investment banking services for companies and investors focused on the…
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