Financial Highlights - Fiscal 2013 Year Ended September 30, % 2013 2012 Change Revenue 62,889,120 48,532,317 30% Net income 13,960,049 7,370,996 89% Earnings per share 1.67 .88 Net cash provided by operating activities…
Financial Highlights - Fiscal 2014 Condensed Balance Sheet December 31, 2013 Current assets 15,847,014 Property and equipment 324,095,384 Less accumulated DD&A (191,820,197) Net property and equipment 132,275,187 Other 2,103,523…
Financial Highlights Three Months Ended December 31, 2013 Three Months Ended December 31, % 2013 2012 Change Oil, NGL and net gas sales 18,473,082 12,758,954 45% Total revenue 18,396,756 14,180,435 30% Net income 4,926,318 2,148,298…
Operating Highlights Rate of Return/Value Creation driven investment philosophy Oil focused 2014 YTD drilling capital commitments Western Oklahoma/Texas Panhandle oil 39% Southern Oklahoma Woodford oil 15% Permian Basin oil 3%…
Year-End 2013 Reserves and First Quarter 2014 Production and Revenue by Product Gas NGL Oil 100 7% 13% 14.3% 6% 20.6% 80 6.3% 48.6% 42.3% 60 6.3% 87% 40 79.4% 51.4% 20 0 Year-End First Quarter First Quarter…
Unit Costs Per MCFE DD&A LOE/Prod Tax G&A 8.00 7.00 6.00 5.00 Total 4.51 Total /Mcfe 4.24 Total 0.65 3.87 4.00 0.49 Total Total 3.43 Total 3.40 0.63 3.27 1.30 0.90 3.00 0.67 0.60 0.52 1.08 1.11 1.00 1.06…
Annual Production Per Debt Adjusted Share Gas-Mcf Oil & NGL Mcfe 2.00 1.80 Total 1.60 1.50 1.40 0.24 Total Mcfe/Share Total 1.20 1.20 1.11 Total Total 1.06 1.06 0.17 0.09 1.00 Total 0.07 0.07 .87 0.80 0.09 0.60…
Proved Reserves Per Debt Adjusted Share Proved Developed Reserves Per Share Proved Undeveloped Reserves Per Share 24.00 22.00 20.00 Total 17.56 18.00 Mcfe/Share Total 6.79 16.00 Total 14.09 14.00 Total 13.30 12.31…
Western Oklahoma Anadarko Basin 14 Annual Shareholder Meeting March 5, 2014, The Tower Hotel, OKC, OK
PHX Drilling Activity in Western Oklahoma and the Texas Panhandle Hemphill County Ellis County Cleveland Marmaton Cleveland Roger Mills County Marmaton Cleveland Beckham County Hogshooter Granite Wash 15 Annual…
Anadarko & Ardmore Basin Woodford Shale's 16 Annual Shareholder Meeting March 5, 2014, The Tower Hotel, OKC, OK
Anadarko & Ardmore Basin Woodford Shales Diverse mineral ownership across initial plays Interest (WI or RI) in 11% of all producing wells in the play PHX wells primarily operated by Devon, Cimarex, Continental and XTO Current…
Anadarko Basin Cana Woodford Shale Core Core Development Area 18 Annual Shareholder Meeting March 5, 2014, The Tower Hotel, OKC, OK
Southern Anadarko Basin and Ardmore Basin Woodford 19 Annual Shareholder Meeting March 5, 2014, The Tower Hotel, OKC, OK
Arkansas Fayetteville Shale 20 Annual Shareholder Meeting March 5, 2014, The Tower Hotel, OKC, OK
Arkansas Fayetteville Shale Diverse mineral and leasehold ownership across the play Interest (WI or RI) in 24% of all producing wells in the play PHX wells primarily operated by Southwestern Energy Current production 13.2 Mmcfe per…
Arkansas Fayetteville Shale 22 Annual Shareholder Meeting March 5, 2014, The Tower Hotel, OKC, OK