ESCALERA RESOURCES CO. IPAA Oil & Gas Conference April 2014
Escaleras Objec=ves ESCALERA RESOURCES CO. Nasdaq: ESCR Quality Personnel Best in Class Board of Directors Seasoned, Contribu=ng Professionals Shareholders ALL employees invested Proper=es Predictable Diversity Value…
Governance - Virtuous Leadership ESCALERA RESOURCES CO. Nasdaq: ESCR Prudence To make the right decisions Courage To stay the course and resist pressures of all kinds Self-Control To subordinate passions to the spirit and…
Escalera Resources Co. ESCALERA RESOURCES CO. Nasdaq: ESCR Formerly Double Eagle Petroleum Co. Escalera Resources Co. (Escalera Resources or the Company) owns and operates domes=c on-shore E&P assets including acreage (Double…
Corporate Informa=on ESCALERA RESOURCES CO. Nasdaq: ESCR NASDAQ:ESCR Shares outstanding: 13,775,422 Price per share (as of 4/4/14): 2.97 Market Cap (common): 40.9MM Enterprise value (common + pfd + debt): 128MM Average…
Building Value ESCALERA RESOURCES CO. Nasdaq: ESCR Explora=on areas Future growth poten=al in exis=ng opera=ons Strong founda=on of low-cost producing assets 8
Proven Execu=on ESCALERA RESOURCES CO. Nasdaq: ESCR Low cost growth through the drill bit 2013 produc=on costs, including taxes, of 1.43/Mcfe G&A costs represent 15% of revenue Based on Global Hunter Securi:es Explora:on &…
Explora=on ESCALERA RESOURCES CO. Nasdaq: ESCR Explora=on Areas 10
Niobrara Shale ESCALERA RESOURCES CO. Nasdaq: ESCR TOTAL TOTAL Loca:on GROSS NET Atlan=c Rim--Greater Green River 63,398 40,308 DJ Basin-Wyoming 5,074 5,074 DJ Basin- Nebraska 4,198 4,198 Powder River Basin 14,468…
Niobrara ESCALERA RESOURCES CO. Nasdaq: ESCR 12
Niobrara Shale ESCALERA RESOURCES CO. Nasdaq: ESCR Central Wyoming and Colorado Recent Niobrara Ac=vity Southwestern Energy Company recently purchased 312,000 net acres from Quicksilver and Shell for approximately 180…
Building Shareholder Value ESCALERA RESOURCES CO. Nasdaq: ESCR Pinedale An:cline * Interest in 184 producing wells * 31% of proved reserves * 260+ future poten=al wells * Operated by QEP Atlan:c Rim CBM * Interest in…
Atlan=c Rim Project, Greater Green River Basin ESCALERA RESOURCES CO. Nasdaq: ESCR 270,000 Acres 1,800 total CBM and 200 conven=onal wells approved by BLM for development over a 20 year program Project is in its early life…
The Atlan=c Rim ESCALERA RESOURCES CO. Nasdaq: ESCR Historical drilling ac7vity Catalina Unit 83 gross (64 net) wells 175 total poten=al future drilling loca=ons 36.4 Bcfe net proved reserves (based upon forward strip…
Pinedale An=cline ESCALERA RESOURCES CO. Nasdaq: ESCR Producing Assets Operated by QEP 220 producing wells in three units Mesa A 50 wells Mesa B 139 wells Mesa C 31 wells 4,900 Mcfe/d net produc=on 4.4 million 2014 est…
Nevada ESCALERA RESOURCES CO. Nasdaq: ESCR 22,500 gross acres, 6,100 net acres (25% GWI, plus ORRI in certain acreage) in Elko County, NV Noble Energy is the operator One Federal exploratory unit has been approved, includes…
Midstream Infrastructure ESCALERA RESOURCES CO. Nasdaq: ESCR Growing source of fee-based revenue that is independent of gas prices Connects Catalina Unit to interstate pipeline 100% owned by Escalera Resources 125 MMcf/d…
Hedge Contracts ESCALERA RESOURCES CO. Nasdaq: ESCR Escalera Resources Current Hedging Positions Volume/day (Mcfe)* Price Beginning Date End Date 2014 Expirations Natural Gas Swap NYMEX 5,000 4.27 1/1/2014 12/31/2014…
Reserves ESCALERA RESOURCES CO. Nasdaq: ESCR Summary of NSAI Reserves and PV-10 (1) Future Net Reserves PV-10 Revenue Category and Area (Bcfe) ( MM) ( MM) Proved Developed Reserves Atlan=c Rim 43.0 55.3 82.8 Pinedale…
New Ini=a=ves ESCALERA RESOURCES CO. Nasdaq: ESCR Albanian JV JV MOU signed April 2, 2014 Management Update Released April 4, 2014 22
Conclusions ESCALERA RESOURCES CO. Nasdaq: ESCR Escalera Resources is posi=oned for growth Business Plan Approved by Board of Directors Executed Two Ini=a=ves More to Follow. 24
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