QR Energy to Acquire 230 Million of Oil Properties March 19, 2012
Acquisition Summary Acquisition of assets from private seller for total consideration of 230 million1 Low decline, liquids rich assets in our ArkLaTex core area Transaction Summary Long reserve life Financed with cash on hand and…
Rationale Ideal assets for an MLP shallow decline and long reserve life High liquids content results in high margins One on one negotiated transaction Bolton to existing ArkLaTex assets Immediately accretive to Distributable Cash…
Acquisition Summary Proved Reserves (MMBoe) 13.0 Current Net Production (Boed) 1,178 Proved Developed 98% Proved Developed Producing 88% Liquids (Reserves) 95% Proved Reserve Life (Years) 30.3 Michigan Rich Field 5% of Est.…
ArkLaTex Concentration Homer Field Neches Field NYSE: QRE www.qrenergylp.com 6
New Oil Hedges Swaps Period (Bod) Price May Dec. 2012 850 109.17 2013 900 106.40 2014 850 100.44 2015 800 96.20 2016 800 93.82 2017 780 92.15 At PSA signing, hedged high percentage of expected acquisition production…
Pro Forma Hedge Portfolio Assuming the sum of 2012 production guidance midpoint (13,300 Boed) and current production for acquired properties (1,178 Boed) held flat through 2017, QR Energy has the following percentages of oil and…
Contacts Taylor B. Miele Cedric W. Burgher Investor Relations Specialist Chief Financial Officer 7134522990 7134522200
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