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Company Presentation – Osage Exploration and Development, Inc.

Osage Exploration and Development, Inc. · May 21, 2014 · 21 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Company Presentation – Osage Exploration and Development, Inc. – slide 1
    OTCBB: OEDV (OTCQB:OEDV) Company Presentation B. Riley & Co. Annual Investor Conference May 19-21, 2014
  2. Company Presentation – Osage Exploration and Development, Inc. – slide 2
    OTCBB: OEDV Osage Exploration & Development (OTCBB:OEDV) is an independent oil and gas company developing three Horizontal Mississippian and Woodford projects in Oklahoma. CAPITALIZATION (as of 3.31.14) FINANCINGS (as of 5.15.14)…
  3. Company Presentation – Osage Exploration and Development, Inc. – slide 3
    OTCBB: OEDV Osage Exploration (OTCQB:OEDV) 5
  4. Company Presentation – Osage Exploration and Development, Inc. – slide 4
    OTCBB: OEDV INITIAL LEASING 1.5mm initial budget for leasing Leasing drilling locations was paramount Drivers: 1. Proximity to East side of Nemaha Ridge 2. Sections offsetting wells with strong historical vertical production…
  5. Company Presentation – Osage Exploration and Development, Inc. – slide 5
    JV ACREAGE OTCBB: OEDV 6 5 4 3 2 1 6 5 4 3 2 1 6 5 4 3 2 1 7 8 9 10 11 12 7 8 9 10 11 12 7 8 9 10 11 12 18 17 16 15 14 13 18 17 16 15 14 13 18 17 16 15 14 13 19N4W 19N3W 19N2W 19 20 21 22 23 24 19 20 21 22 23 24 19 20 21 22…
  6. Company Presentation – Osage Exploration and Development, Inc. – slide 6
    OTCBB: OEDV HEADLINES 12/20/13 Announces Control of Operations in Nemaha Ridge Project 11/19/13 Announces Record Quarterly Revenues, Earnings, and Production 10/14/13 Announces Sale of Wholly-Owned Subsidiary for 6.8 Million…
  7. Company Presentation – Osage Exploration and Development, Inc. – slide 7
    OTCBB: OEDV Slawson Devon Stephens Sundance Total 2012 Drilling 8 1 1 - 10 2013 Drilling 14 10 4 2 30 TOTAL 22 11 5 2 40 As of 12/31/13 Quarterly Average Production 600 500 Barrels of Oil Equivalent 400 300 200…
  8. Company Presentation – Osage Exploration and Development, Inc. – slide 8
    OTCBB: OEDV (1) (2) PV-10 of Total Proved Reserves YE 2012 YE 2013 PDP Reserves 6,457,000 19,635,000 45 PNP Reserves 3,619,000 1,111,000 40 35 PUD Reserves 4,743,000 20,139,000 30 Millions 25 TOTAL PROVED 14,819,000…
  9. Company Presentation – Osage Exploration and Development, Inc. – slide 9
    OTCBB: OEDV Key Points 6 5 4 3 2 1 6 5 4 3 2 1 6 5 4 3 2 1 7 8 9 10 11 12 7 8 9 10 11 12 7 8 9 10 11 12 Osage retains its share of all production 18 17 16 19N4W 15 14 13 18 17 16 19N3W 15 14 13 18 17 16 19N2W 15…
  10. Company Presentation – Osage Exploration and Development, Inc. – slide 10
    OTCBB: OEDV Greg L. Franklin, Chief Geologist & VP Exploration: Mr. Franklin has been our Chief Geologist since November 9, 2007 and a director of the Company since May 2005. Mr. Franklin previously served as a consultant to the Company…
  11. Company Presentation – Osage Exploration and Development, Inc. – slide 11
    OTCBB: OEDV Key Points Expands facility from 20mm to 30mm Provides additional 10mm of availability Cuts cost of capital from LIBOR + 15% to LIBOR + 11% No additional warrant issuance This additional capital will enable us…
  12. Company Presentation – Osage Exploration and Development, Inc. – slide 12
    OTCBB: OEDV 1Q 2Q 3Q 4Q 8/8 Avg. Project D&C Gross Net Gross Net Gross Net Gross Net WI Cost Wells CapEx Wells CapEx Wells CapEx Wells CapEx Nemaha Ridge 3.8 50% 1 1.9 2 3.8 3 5.7 3 5.7 All dollar figures quoted in millions…
  13. Company Presentation – Osage Exploration and Development, Inc. – slide 13
    OTCBB: OEDV Mid-Continent Oil & Gas Source Rock Units Targeted Producing Horizons Osage Exploration (OTCQB:OEDV) 18
  14. Company Presentation – Osage Exploration and Development, Inc. – slide 14
    OSAGE & DEVON - WOODFORD DVN OTCBB:DVN OEDV Woodford IP Woodford IP MAP KEY 6 5 4 3 2 1 6 5 4 3 2 1 6 5 4 3 2 1 of 788 BOE of 998 BOE 7 8 9 10 11 12 7 8 82% oil 9 10 11 12 7 8 9 90% oil 10 11 12 18 17 16 15 14 13 18 17 16…
  15. Company Presentation – Osage Exploration and Development, Inc. – slide 15
    OTCBB: OEDV Key Points DVN Woodford wells drilled and DVN Woodford IP DVN permitted in 40-60 of Woodford Woodford IP of 998 BOE of 788 BOE 90% oil section 82% oil Average Woodford thickness across Osage acreage is 90 Proximity…
  16. Company Presentation – Osage Exploration and Development, Inc. – slide 16
    OTCBB: OEDV WELLS DRILLING % PROJECT ACREAGE FORMATION DRILLED INVENTORY DEVELOPED Logan County 8,771 Net Acres Mississippi Lime 34 158 19% Logan County 8,771 Net Acres Woodford Shale 6 199 3% Pawnee County 4,190 Net Acres…
  17. Company Presentation – Osage Exploration and Development, Inc. – slide 17
    OTCBB: OEDV Coal Co. Woodford Operated 4,200 Acres Pawnee Co. Mississippian Operated 4,200 Acres Logan Co. Woodford Operated 5,000 Acres Logan Co. Mississippian Operated 5,000 Acres Logan Co. Mississippian…
  18. Company Presentation – Osage Exploration and Development, Inc. – slide 18
    OTCBB: OEDV (OTCQB:OEDV) Company Contacts Mr. Kim Bradford, Chairman & CEO 2445 Fifth Avenue Suite 310 San Diego, CA 92101 T: (619) 677-3956 kbradfordosageexploration.com Mr. Jack Zedlitz, VP, Corporate Development 100 N. Park…
  19. Company Presentation – Osage Exploration and Development, Inc. – slide 19
    OTCBB: OEDV Kim Bradford, Chairman & CEO: Mr. Bradford was elected President and Chief Executive Officer of the Company in January 2007 and elected to our board as Chairman effective February 2007. In August 2005, Mr. Bradford co-founded…
  20. Company Presentation – Osage Exploration and Development, Inc. – slide 20
    OTCBB: OEDV Source: Pinnacle Energy Services, LLC Reserves & Economic Evaluation, as of Jul 1, 2013 Osage Exploration (OTCQB:OEDV) 27
  21. Company Presentation – Osage Exploration and Development, Inc. – slide 21
    OTCBB: OEDV Firm Analyst Date Initiated Contact Sidoti & Co. Evan Richert June, 2013 (212) 297-0001 Northland Capital Markets Jeff Grampp October, 2013 (612) 851-5900 Noble Financial Phil Dodge March, 2014 (561) 994-5738…

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