OTCBB: OEDV (OTCQB:OEDV) Company Presentation Energy Prospectus Group February 27-28, 2014
OTCBB: OEDV Osage Exploration & Development (OTCBB:OEDV) is an independent oil and gas company developing three Horizontal Mississippian and Woodford projects in Oklahoma. CAPITALIZATION (as of 2.26.14) FINANCINGS (as of 9.30.13)…
OTCBB: OEDV December, 2012 December, 2013 3 Gross Producing Wells, 5 Pre-production 37 Gross Producing Wells 120 Barrels of Oil Equivalent Per Day 550 Barrels of Oil Equivalent Per Day(1) < 15MM in Total Proved Reserves(2) 30MM+…
OTCBB: OEDV Osage Exploration (OTCQB:OEDV)
OTCBB: OEDV Osage Exploration (OTCQB:OEDV) 6
OTCBB: OEDV INITIAL LEASING 1.5mm initial budget for leasing Leasing drilling locations was paramount Drivers: 1. Proximity to East side of Nemaha Ridge 2. Sections offsetting wells with strong historical vertical production…
OTCBB: OEDV HEADLINES 12/20/13 Announces Control of Operations in Nemaha Ridge Project 11/19/13 Announces Record Quarterly Revenues, Earnings, and Production 10/14/13 Announces Sale of Wholly-Owned Subsidiary for 6.8 Million…
OTCBB: OEDV Slawson Devon Stephens Sundance Total 2012 Drilling 8 1 1 - 10 2013 Drilling 14 8 4 1 27 TOTAL 22 9 5 1 37 Quarterly Average Production 600 500 Barrels of Oil Equivalent 400 300 200 100 0 2Q12 3Q12…
OTCBB: OEDV PV-10 of Proved Developed Reserves Per-Well EUR (PUD) Oil Gross (BBl) 165,000 20 Gas Gross (Mcf) 678,190 18 16 TOTAL EUR (BOE) 278,031 14 Millions 12 Projected Product Mix (PUD) 10 Approx. Product Mix…
OTCBB: OEDV ACREAGE & PROJECT LOCATION FORMATION STATUS WORKING INTEREST Logan County (Operated) 5,014 Net Acres, 100% WI Miss Lime/Woodford Drilling in 1Q14 Pawnee County (Operated) 4,190 Net Acres, 100% WI Mississippi Lime…
OTCBB: OEDV CapEx Plan, First Half 2014 1Q 2014 2Q 2014 8/8 Average Project Gross Net Gross Net D&C Cost WI Wells CapEx Wells CapEx Nemaha Ridge 3.6 50% 1 1.8 3 5.4 Pawnee Co. 3.5 60% - - 1 2.1 TOTALS 1 1.8 4 7.5 All dollar…
OTCBB: OEDV Osage Exploration (OTCQB:OEDV) 17
OTCBB: OEDV Mid-Continent Oil & Gas Source Rock Units Targeted Producing Horizons Osage Exploration (OTCQB:OEDV) 18
OTCBB: OEDV Key Points DVN Woodford wells drilled and DVN Woodford IP DVN permitted in 40-60 of Woodford Woodford IP of 998 BOE of 788 BOE 90% oil section 82% oil Average Woodford thickness across Osage acreage is 90 Proximity…
OTCBB: OEDV From Devon Energy earnings call, 8/7/13: Second quarter Woodford results were highlighted by 10 wells with initial production averaging 840 BOE per day and 30-day IPs of more than 500 BOE per day. Woodford is a shale…
OTCBB: OEDV Osage Exploration (OTCQB:OEDV) 23
OTCBB: OEDV ACREAGE & PROJECT LOCATION FORMATION STATUS WORKING INTEREST Pawnee County (Operated) 4,190 Net Acres, 100% WI Mississippi Lime Preparing to Drill Coal County (Operated) 4,253 Net Acres, 100% WI Woodford Shale…
OTCBB: OEDV Corporate Strong Leadership Superior Reserve Drilling Working Production & Geology Growth Inventory Capital Base Operating Team Osage has the elements which provide for long-term appreciation in value.…
OTCBB: OEDV (OTCQB:OEDV) Company Contacts Mr. Kim Bradford, Chairman & CEO 2445 Fifth Avenue Suite 310 San Diego, CA 92101 T: (619) 677-3956 kbradfordosageexploration.com Mr. Jack Zedlitz, VP, Corporate Development 100 N. Park…
OTCBB: OEDV Osage Exploration (OTCQB:OEDV)
OTCBB: OEDV Kim Bradford, Chairman & CEO: Mr. Bradford was elected President and Chief Executive Officer of the Company in January 2007 and elected to our board as Chairman effective February 2007. In August 2005, Mr. Bradford co-founded…
OTCBB: OEDV Buddie Livingston, Project Manager Buddie has over forty years in the drilling, completion, and production sectors. His specific focus and the vast majority of his industry experience has been on highly technical drilling…
OTCBB: OEDV Source: Pinnacle Energy Services, LLC Reserves & Economic Evaluation, as of Jul 1, 2013 Osage Exploration (OTCQB:OEDV) 30
OTCBB: OEDV Firm Analyst Date Initiated Contact Barrington Research Rudy Hokanson December, 2012 (312) 634-6000 Brean Capital Connolly/Deacon May, 2013 (212) 702-6500 Sidoti & Co. Evan Richert June, 2013 (212) 297-0001 Northland…