Overview Falcons primary assets are located in the core of the Eagle Ford under premier operators Market / Asset Overview Core of the Core Eagle Ford Kerr Hays NASDAQ Ticker FLMN Kendall Comal Caldwell Real Bandera Market…
Investment Highlights 6 new Hooks Ranch wells permitted in September 2020 World class operators prosecuting decade long plans on Falcons Eagle Ford position Karnes Trough is characterized by some of the lowest breakeven returns to…
Recent Operator Commentary Key Operators Eagle Ford Outlook 10-year Eagle Ford Outlook 10+ years of Eagle Ford Outlook bellwether asset commitment to Eagle Ford inventory life in the Eagle Ford in growth phase with 10+ years of…
Hooks Ranch Update Hooks Ranch Overview / Development Update Hooks Ranch Units Falcon Minerals has a 22.5% royalty interest in Gonzales ConocoPhillips Hooks Ranch position 75%+ undeveloped DeWitt 100% HBP and operated by…
Development Activity Q3 20 Development 2019 Development 2 rigs on Falcons position during third quarter 2020 Average 0.03 net wells TIL during third quarter 2020 Active Rigs Gross TIL Net TIL NRI 2019 Total 7 194 0.79% 1.54 Eagle…
Financial Overview Q3 20 Overview Pro Forma Capitalization as of September 30, 2020 12 gross wells (0.03 net) turned in line during Q3 20 Cash 2.5mm Announced Q3 20 dividend of 0.065 per Class A share Revolving Credit Facility…
Hedge Program Overview Overview Crude Oil Swaps Falcon established a crude oil swap program during Q2 20 and Swap Volumes % of Q3 20 Swap Price Date currently has volumes hedged (Bbls/d) Oil Production ( / Bbl) quarterly in Q4 20…
Dividend Payouts and Sustainability Favorable Tax Treatment of Dividends Falcon announced third quarter 2020 dividend of 0.065 per share 1.01 of cumulative dividends since inception Falcon expects that substantially all of dividends…