Our success can be measured through the value we deliver. The Woodlands, Texas Midland, Texas www.cazapetro.com Dual Listed on AIM & TSX
Executive Management Team William Michael Ford is Chief Executive Officer and President of the Company and Caza Petroleum W. Michael and has served in both capacities since July 2006. Prior thereto, Mr. Ford was a founder and served…
Company Overview Financial Production Current Market Capitalization of 49.9MM (203.7MM Average production of 685 Boe/d Q1-2014 up 36% Shares Outstanding at 24.5 P as at June 5, 2014) from Q4-2013 & 198% from Q1-2013 Revenues for…
Daily Production 82% Oil & NGLs 937 Boe/d 685 Boe/d 503 Boe/d 42% Oil & NGLs 312 262 Boe/d Boe/d Q4 2011 Q4 2012 Q4 2013 Q1 2014 April 2014 5 NOTE: Production volumes are from actual sales
3P Reserve and PV 10 350,000,000 Entry to Bone Sold San Jacinto 300,000,000 Spring Play Property PV 10 250,000,000 200,000,000 150,000,000 100,000,000 50,000,000 0 2010 2011 2012 2013 2014-1st Qtr PDP PUD & PDNP…
Proven & PDP Reserves & PV 10 100,000,000 Doubled Reserve 90,000,000 80,000,000 Value in last year 70,000,000 60,000,000 PV 10 50,000,000 40,000,000 30,000,000 20,000,000 10,000,000 0 2010 2011 2012 2013 Q1 2014 PV…
Delaware Basin Focus Multiple Targets per Bradley Gateway location Lynch, Quail Low Risk / Predictable Ridge Two Mesas Favorable lease terms & Chap 33 Gramma Ridge Established Azotea Mesa infrastructure Lennox Book reserves…
Company Strategy Increase leasehold and producing properties through strategic acquisitions Achieve significant growth in reserves and production by accelerating drilling activity Lower cost of capital Divest non core assets and…
Leasehold Acquisitions Opportunities Opportunity A Private acquisition 2,000 net acres; Eddy and Lea Counties, New Mexico; 54 potential drilling locations in 1st, 2nd, 3rd Bone Spring Sands; Directly offsetting production…
Bone Spring New Mexico
Bone Spring Play Bone Spring Play is one of the most Play active and predictable oil plays in the Area US Up to 24 potential horizontal locations per square mile Over 1,200 horizontal wells drilled and completed since 1998 in New…
Drilling Portfolio SE New Mexico Horizontal Bone Spring Prospects Test wells drilled and Not drilled as of 31 May producing as of 31 May 2014 2014 Lynch/ Marathon Road Forehand Ranch South (non-op) Mad River Lennox Azotea Mesa…
2014/ 2015 Drilling Schedule 2014 2015 W.I. May June July August September October November December January February March April Rig 1 1 West Copperline 4H Fed.- 3rd BS 62.50% West Copperline 4H - 3rd BS 2 Gramma Ridge 2H - 3rd…
Horizontal Bone Spring Program Caza Bone Spring Overview Recent Drilling Highlights (Company Modeling Assumptions) Southeast New Mexico - Company Bone Spring Production: 870 Boe/d2 Location Delaware Basin Caza West Copperline 29…
Drilling & Completion Efficiency Improvements Total Days Drilled per Well 70 60 50 40 30 20 10 0 Caza Ridge Lennox 32 2H Caza Ridge Gateway 22H W. Copperline W. Copperline W. Copperline 143H 10/12 5/13 144H 7/13 9/13 29 1H…
Bone Spring Recovery Typical Bone Spring Producing Zone Typical 3rd Bone Spring Sand Decline Curve 160 acres Production Unit per Zone (up to 6 per Pad location) 800 700 200 + Thickness 600 10% Porosity 500 40% Water…
Caza Going Forward
Corporate Transactions Total Proven Daily Per Daily Per Announced Buyers Sellers Transaction Reserves % Gas of Boe/d Boe Net Net Date USMM MMBoe Reserves Production Produced Acres Acre 6:1 6:1 12/30/2013 Rosetta Undisclosed 85.0…
Apollo Agreement Key Terms Availability Period Following initial US50,000,000 commitment under the Agreement, the Note Holder and the Company may agree to increase the commitment up to a maximum US100,000,000. Term Outstanding Notes…
Capital Structure & Shareholding Structure Cash as of 3/31/2014 5.08 MM Recent Apollo draw down 10.00MM Apollo Facility Debt (45.00 MM) Yorkville Debt (Convertible Note) (1.50 MM) Significant Shareholders Number of Shares %…
Use of Capital Target 2,000 net acre expansion through identified private acquisitions and Federal and State lease sales May contain up to 75 additional 160 acre drilling locations from 6 potential zones per unit Increase proven…
Going Forward 2014 - 2015 Significant near term opportunity with 22 wells producing, and 302 remaining locations to be drilled across Companys existing acreage Accelerate Bone Spring drilling program using continuous drilling rig…
Glossary of Abbreviations one barrel, each barrel representing 34.972 Imperial gallons or 42 Bbl Mcf/d one thousand cubic feet of natural gas per day U.S. gallons bbl/d barrels per day Bo one barrel of crude oil one thousand cubic feet…
Board of Directors Most of Johns career was spent at Enterprise Oil where he held a variety of senior management roles in a John number of different regions. He was based in Houston, responsible for their American operations, when…
Caza Contact Information W. Michael Ford CEO and President Tel: +1 432 682 7424 www.cazapetro.com
Loading...
