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B Riley & Co Annual Investor Conference – Osage Exploration and Development, Inc.

Osage Exploration and Development, Inc. · May 21, 2014 · 27 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. B Riley & Co Annual Investor Conference – Osage Exploration and Development, Inc. – slide 1
    OTCBB: OEDV (OTCQB:OEDV) Company Presentation B. Riley & Co. Annual Investor Conference May 19-21, 2014
  2. B Riley & Co Annual Investor Conference – Osage Exploration and Development, Inc. – slide 2
    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)…
  3. B Riley & Co Annual Investor Conference – Osage Exploration and Development, Inc. – slide 3
    OTCBB: OEDV Osage Exploration (OTCQB:OEDV)
  4. B Riley & Co Annual Investor Conference – Osage Exploration and Development, Inc. – slide 4
    OTCBB: OEDV Osage Exploration (OTCQB:OEDV) 5
  5. B Riley & Co Annual Investor Conference – Osage Exploration and Development, Inc. – slide 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…
  6. B Riley & Co Annual Investor Conference – Osage Exploration and Development, Inc. – slide 6
    JV ACREAGE OTCBB: OEDV 6 5 4 3 2 1 6 5 4 3 2 1 6 5 4 3 2 1 7 8 9 10 11 12 7 8 9 10 11 12 7 8 9 10 11 12 18 17 16 15 14 13 18 17 16 15 14 13 18 17 16 15 14 13 19N4W 19N3W 19N2W 19 20 21 22 23 24 19 20 21 22 23 24 19 20 21 22…
  7. B Riley & Co Annual Investor Conference – Osage Exploration and Development, Inc. – slide 7
    OTCBB: OEDV Osage Exploration (OTCQB:OEDV)
  8. B Riley & Co Annual Investor Conference – Osage Exploration and Development, Inc. – slide 8
    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…
  9. B Riley & Co Annual Investor Conference – Osage Exploration and Development, Inc. – slide 9
    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…
  10. B Riley & Co Annual Investor Conference – Osage Exploration and Development, Inc. – slide 10
    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…
  11. B Riley & Co Annual Investor Conference – Osage Exploration and Development, Inc. – slide 11
    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)
  12. B Riley & Co Annual Investor Conference – Osage Exploration and Development, Inc. – slide 12
    OTCBB: OEDV Key Points 6 5 4 3 2 1 6 5 4 3 2 1 6 5 4 3 2 1 7 8 9 10 11 12 7 8 9 10 11 12 7 8 9 10 11 12 Osage retains its share of all production 18 17 16 19N4W 15 14 13 18 17 16 19N3W 15 14 13 18 17 16 19N2W 15…
  13. B Riley & Co Annual Investor Conference – Osage Exploration and Development, Inc. – slide 13
    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…
  14. B Riley & Co Annual Investor Conference – Osage Exploration and Development, Inc. – slide 14
    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…
  15. B Riley & Co Annual Investor Conference – Osage Exploration and Development, Inc. – slide 15
    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…
  16. B Riley & Co Annual Investor Conference – Osage Exploration and Development, Inc. – slide 16
    OTCBB: OEDV Osage Exploration (OTCQB:OEDV) 17
  17. B Riley & Co Annual Investor Conference – Osage Exploration and Development, Inc. – slide 17
    OTCBB: OEDV Mid-Continent Oil & Gas Source Rock Units Targeted Producing Horizons Osage Exploration (OTCQB:OEDV) 18
  18. B Riley & Co Annual Investor Conference – Osage Exploration and Development, Inc. – slide 18
    OSAGE & DEVON - WOODFORD DVN OTCBB:DVN OEDV Woodford IP Woodford IP MAP KEY 6 5 4 3 2 1 6 5 4 3 2 1 6 5 4 3 2 1 of 788 BOE of 998 BOE 7 8 9 10 11 12 7 8 82% oil 9 10 11 12 7 8 9 90% oil 10 11 12 18 17 16 15 14 13 18 17 16…
  19. B Riley & Co Annual Investor Conference – Osage Exploration and Development, Inc. – slide 19
    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…
  20. B Riley & Co Annual Investor Conference – Osage Exploration and Development, Inc. – slide 20
    OTCBB: OEDV Osage Exploration (OTCQB:OEDV) 21
  21. B Riley & Co Annual Investor Conference – Osage Exploration and Development, Inc. – slide 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…
  22. B Riley & Co Annual Investor Conference – Osage Exploration and Development, Inc. – slide 22
    OTCBB: OEDV Coal Co. Woodford Operated 4,200 Acres Pawnee Co. Mississippian Operated 4,200 Acres Logan Co. Woodford Operated 5,000 Acres Logan Co. Mississippian Operated 5,000 Acres Logan Co. Mississippian…
  23. B Riley & Co Annual Investor Conference – Osage Exploration and Development, Inc. – slide 23
    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…
  24. B Riley & Co Annual Investor Conference – Osage Exploration and Development, Inc. – slide 24
    OTCBB: OEDV Osage Exploration (OTCQB:OEDV)
  25. B Riley & Co Annual Investor Conference – Osage Exploration and Development, Inc. – slide 25
    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…
  26. B Riley & Co Annual Investor Conference – Osage Exploration and Development, Inc. – slide 26
    OTCBB: OEDV Source: Pinnacle Energy Services, LLC Reserves & Economic Evaluation, as of Jul 1, 2013 Osage Exploration (OTCQB:OEDV) 27
  27. B Riley & Co Annual Investor Conference – Osage Exploration and Development, Inc. – slide 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…

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