Executive Management Team William Michael Ford is Chief Executive Officer and President of the Company and Caza Petroleum and W. Michael Ford has served in both capacities since July 2006. Prior thereto, Mr. Ford was a founder and…
Company Overview Caza Oil & Gas is an independent oil and gas company focused on onshore exploration, development and production in New Mexico, Louisiana & Texas. Headquartered in Houston, Texas, and dual listed on AIM and TSX…
Company Strategy Achieve significant growth in reserves and production by progressing material, internally generated prospects, exploiting proved plus probable reserves and through strategic acquisitions Exploit ranked…
Caza at a Glance NEW MEXICO Bone Spring Horizontal Play LOUISIANA Midland TEXAS Houston Wolfberry Play Area New Orleans Regional knowledge Texas Gulf Louisiana 3D Coast 3D Seismic Play Seismic Play Hold…
Caza Drilling Portfolio SE New Mexico Horizontal Bone Spring Prospects Lynch Lennox Copperline Forehand Ranch Mad River Azotea Mesa Two Mesas Bradley 29 West Copperline West Rover Louisiana Prospects Consilience 8
SE New Mexico Horizontal Bone Spring Program Caza Bone Spring Overview (Company Modeling Assumptions) Location Southeast New Mexico -Delaware Basin Number of locations: 117 Development cost: 6MM to 8MM per well Average first month…
Bone Spring Play - SE New Mexico Zones of Interest Play Area Bone Spring Play is one of the most active emerging oil plays in the U.S. 613 Horizontal wells completed since 19981 Increased activity driven since 2009 by…
Bone Spring Play Facts One of the most active oil plays in the US: Pay zones include Delaware, Avalon Shale, 1st, 2nd, 3rd Bone Spring Sands, and Wolfcamp Up to 24 potential horizontal locations per square mile 613 Horizontal wells…
Credit Suisse Fundamentals & US Oil Production Outlook Sept. 2012 Oil supply growth by basin, 2012 - 2018 IP rate assumptions 13 1. Credit Suisse Fundamentals & US Oil Production Outlook Sept. 2012
Credit Suisse Fundamentals & US Oil Production Outlook Sept. 2012 How long can the rocks support this growth Recovery factor with 20 more years of drilling 64% 66% Industry Recovery Factor 70% CS Model Recovery Factor % of oil in…
Bone Spring 30 Day Average I.P. increasing each year for COG Operating 15 Source - Concho Resources Inc. (COG Operating)
Typical Bone Spring Type Curves by Zone - Daily Production vs. Month (Company Modeling Assumptions) 1,400 1,000 1st Bone 900 2nd Bone 1,200 Spring 800 Spring 1,000 Sand 700 Sand 1st Bone Spring Daily 600 2nd Bone Spring Daily 800…
Caza Bone Spring Summary Caza Property Locations Approximately 6,480 gross (4,112 net) acres Currently 7 operated prospects, 4 non-operated Bradley 3P Reserves 16.7 MMboe1(excluding Delaware and Lynch Wolfcamp zones) Two Mesa…
Typical Bone Spring Play Economics* EUR EUR DISC. RETURN LIFE Formation MBOE MBO EUR BCFG NPV 10% ROR (M) ON INVEST. PAYOUT YEARS AVALON SHALE 346.7 126.5 1.32 2,640 26.17% 1.42 3.1 24.9 1ST BONE SPRING SD 378.8 203.8 1.05 5,080…
Recent Acquisitions in the Permian Basin Three Rivers: Permian Development Corp: Acquired by Concho Resources (5-13-2012) Acquired by Concho Resources (12-23-2011) 1,000MM, 7,000 Boe/d, 200,000 net acres 175MM, 1,100 Boe/d, 10,200…
Louisiana 20
Louisiana Prospects Consilience Prospect Atchafalaya Bay St. Mary Parish Upthrown fault trap AVO/Amplitude Supported Great down dip conformance with structure AVO attributes analogous to nearby Cib Op fields. WI =100%, NRI =…
Consilience Prospect Area SWEET BAY LAKE Lower Cib Op 125 Bcfe Palace Lower Cib Op 30 Bcfe EUR Phoenix (now Apache) BELLE ISLE Cib Op 360 Bcfe Salt Marathon Discovery Dome Lower Cib Op 78 Bcfe EUR ATCHAFALAYA BAY…
Consilience Prospect Consilience Prospect Upthrown fault trap AVO/Amplitude Supported Great down dip conformance with structure AVO attributes analogous to nearby Cib Op fields. WI =100%, NRI = 71.5% before selling down EUR…
Caza going forward 24
Caza Going Forward 2012 - 2014 Accelerate Bone Spring drilling program Focused on areas with high oil/liquids potential and low risk profile Expand acreage in focused areas of interest Increase prospect inventory in the Gulf Coast…
Glossary of Abbreviations Bbl one barrel, each barrel representing Mcf/d one thousand cubic feet of natural gas Boe or Mcfe may 34.972 Imperial gallons or 42 U.S. gallons per day be misleading, bbl/d barrels per day Mcfe one thousand…
Board of Directors BOARD OF DIRECTORS JOHN McGOLDRICK J. RUSSELL PORTER Chairman Director Most of Johns career was spent at Enterprise Oil where he held a President and Chief Executive Officer of Gastar variety of senior management…
Caza Contact Information W. Michael Ford CEO and President Tel: +1 432 682 7424 www.cazapetro.com 30