OTCBB: OEDV (OTCQB:OEDV) Company Presentation B. Riley & Co. Annual Investor Conference May 19-21, 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 3.31.14) FINANCINGS (as of 5.15.14)…
OTCBB: OEDV Osage Exploration (OTCQB:OEDV)
OTCBB: OEDV Osage Exploration (OTCQB:OEDV) 5
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 10 4 2 30 TOTAL 22 11 5 2 40 As of 12/31/13 Quarterly Average Production 600 500 Barrels of Oil Equivalent 400 300 200…
OTCBB: OEDV (1) (2) PV-10 of Total Proved Reserves YE 2012 YE 2013 PDP Reserves 6,457,000 19,635,000 45 PNP Reserves 3,619,000 1,111,000 40 35 PUD Reserves 4,743,000 20,139,000 30 Millions 25 TOTAL PROVED 14,819,000…
OTCBB: OEDV Control of Operations, Logan County 30mm Refinancing: April, 2014 Operating Team Bios Drilling & Capex, Logan County Stacked Pay: Woodford Osage Exploration (OTCQB:OEDV)
OTCBB: OEDV Greg L. Franklin, Chief Geologist & VP Exploration: Mr. Franklin has been our Chief Geologist since November 9, 2007 and a director of the Company since May 2005. Mr. Franklin previously served as a consultant to the Company…
OTCBB: OEDV Key Points Expands facility from 20mm to 30mm Provides additional 10mm of availability Cuts cost of capital from LIBOR + 15% to LIBOR + 11% No additional warrant issuance This additional capital will enable us…
OTCBB: OEDV 1Q 2Q 3Q 4Q 8/8 Avg. Project D&C Gross Net Gross Net Gross Net Gross Net WI Cost Wells CapEx Wells CapEx Wells CapEx Wells CapEx Nemaha Ridge 3.8 50% 1 1.9 2 3.8 3 5.7 3 5.7 All dollar figures quoted in millions…
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 Osage Exploration (OTCQB:OEDV) 21
OTCBB: OEDV WELLS DRILLING % PROJECT ACREAGE FORMATION DRILLED INVENTORY DEVELOPED Logan County 8,771 Net Acres Mississippi Lime 34 158 19% Logan County 8,771 Net Acres Woodford Shale 6 199 3% Pawnee County 4,190 Net Acres…
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 Source: Pinnacle Energy Services, LLC Reserves & Economic Evaluation, as of Jul 1, 2013 Osage Exploration (OTCQB:OEDV) 27
OTCBB: OEDV Firm Analyst Date Initiated Contact Sidoti & Co. Evan Richert June, 2013 (212) 297-0001 Northland Capital Markets Jeff Grampp October, 2013 (612) 851-5900 Noble Financial Phil Dodge March, 2014 (561) 994-5738…