Arabella Exploration, Inc. OTCQB: LOKKF, LOKWF The Pure Play Southern Delaware Basin E&P Opportunity
ARABELLA EXPLORATION About Arabella Exploration OTCQB: LOKKF Share Price (2/10/14) 7.10 Market Cap (2/10/14) 34.3mm Float 0.7mm Insider Ownership(1) 4.1mm Common Shares Outstanding 4.8mm Warrants 10.7mm Debt 3.0mm (1)…
ARABELLA EXPLORATION About Arabella Exploration (cont.) Arabella is an oil and natural gas company focused on the acquisition, development and exploration of unconventional, long life, onshore oil and natural gas reserves in the…
Business
ARABELLA EXPLORATION Arabella Overview Experienced management team with extensive County Gross Acres Net Acres Permian background Reeves 8,332 3,470 Winkler 630 630 Past experience includes senior positions at Oxy, Loving Ward 640…
ARABELLA EXPLORATION Arabellas Position Arabellas position is located in the heart of the over-pressured, stacked pays of the Delaware Basin with the potential for high liquids producing wells out of multiple pay zones 7
ARABELLA EXPLORATION Existing Wells and Drilling Plan Working Lateral Peak Rate Peak Rate Current Net Interest Length Completed 24-hour 30-day Percent EUR Production Well (%) (ft) Formation (BOE/day) (BOE/day) Oil (BOE) (BOE/day)…
ARABELLA EXPLORATION Arabellas Production Expertise Arabellas technical staff that can not only execute drilling and completing a standard single lateral well, but are leading in the technology to add additional laterals to existing…
ARABELLA EXPLORATION Dual Lateral Well Economics Dual Just as horizontal wells offer significantly Horizontal Lateral Vertical Well Horizontal more efficient oil production than vertical, Well Well multi-lateral is the next advance…
ARABELLA EXPLORATION The Delaware Basin Arabella operates in the Delaware Basin portion of the Permian Basin in West Texas, which is one of the major oil producing regions in the United States Arabellas activities are primarily…
ARABELLA EXPLORATION The Delaware Basin (cont.) Borger Cushing Existing Permian Basin Pipelines Takeaway Wichita Falls Capacity Holly Navajo Longview Western Big Spring Take away capacity from the Delaware Basin, along…
ARABELLA EXPLORATION Delaware Basin vs. the Bakken The Delaware Basin shows all indications of being larger and more valuable than the Bakken field in North Dakota and is significantly less costly and logistically challenging to…
Financial
ARABELLA EXPLORATION Arabella Valuation August 31, 2013 vs. Present Arabellas most recent reserve report was prepared on August 31, 2013 and did not include the Vastar State well or the Jackson well. Additionally, it included only…
ARABELLA EXPLORATION Milestones/Catalysts Milestones During 2013 Arabella successfully drilled and completed its first four wells including the Woods 1H well which had an 24 hour peak IP of over 1,200 BOE On December 24, 2013 Lone…
Management
ARABELLA EXPLORATION Arabella Management Team Jason Hoisager Chief Executive Officer and Director Mr. Hoisager is the founder and Chief Executive Officer of Arabella Exploration, Inc. a company he established in 2008 and which is…
ARABELLA EXPLORATION Arabella Management Team (cont.) Terry E. Sanford Chief Financial Officer Mr. Sanford has been the Chief Financial Officer for Arabella Exploration, Inc. since November 2013 and has been acting CFO since August…
ARABELLA EXPLORATION Arabella Management Team (cont.) Richard Masterson Head Geologist Mr. Masterson is the Head Geologist at Arabella where he aids in acquiring desirable acreage, monitoring local drilling information and results and…
ARABELLA EXPLORATION Arabella Board of Directors George P. Bush Mr. Bush is a partner at St. Augustine Capital Partners, LLC, a Fort Worth-based investment firm focused on oil and gas transactions and consulting for private…
ARABELLA EXPLORATION Arabella Board of Directors (cont.) Berke Bakay Mr. Bakay currently is the President and Chief Executive Officer and serves on the board of directors of Kona Grill, Inc. (NASDAQ: KONA), an American grill and sushi…
ARABELLA EXPLORATION Arabella Board of Directors (cont.) William B. Heyn Mr. Heyn is the Chief Executive Officer of Tritaurian Capital, Incorporated, a FINRA registered broker-dealer. From 2001 to the present, Mr. Heyn has been with…
Appendix
ARABELLA EXPLORATION Merger Overview On December 24, 2013 Lone Oak Acquisition Corporation successfully merged with Arabella Exploration, LLC and subsequently changed its name to Arabella Exploration, Inc. On the date of the merger…
ARABELLA EXPLORATION Merger Overview (cont.) 1,705,002 shares were placed in escrow at close pending achievement of the agreed upon hurdles. One third of the escrow shares will be released when the company reaches certain growth…
ARABELLA EXPLORATION Contact Information 500 W. Texas Avenue Suite 1450 www.arabellaexploration.com Midland, Texas 79701 Telephone: (432) 897-4755 Phone Email Company William B. Heyn (432) 279-0790…
Loading...
