Company Profile 26 June 2013 300,000,000 USD Executed Letter of Intent for sale of Permian Assets 26 August 2013 300,000,000 USD Executed Purchase and Sale Agreement for sale of Permian Assets 255,000,000 ordinary shares (AZZ)…
Annual Report Highlights Proved & Probable Reserves (2P) From 27,195 Mboe To 53,201 Mboe an increase of 26,006 Mboe +96% Proved & Probable & Possible Reserves (3P) From 42,621 Mboe To 66,827 Mboe an increase of 24,206 Mboe +57%…
Antares Energys Permian Position CURRENT WELL 1P NET 2P NET 3P NET PROJECT LOCATION ACRES LOCATIONS EUR/WELL RESERVES RESERVES RESERVES Howard 205 14.6 21.9 Not 4,697 230* Co., TX MBOE MMBOE MMBOE Booked Dawson 125-175 Not Not…
AEC Project Area Locator Map Slide 6 2013 Good Oil Conference
Southern Star SUMMARY OPPORTUNITY 5,824 gross (4,697 net) acres Robinson No. 1 first PDP well Northern Extension 51 wells in production Well completed with best frac recipe from HBP area 1P Net Reserves of 14.5 MMBOE (40 ac…
Southern Star Well Locator Slide 8 2013 Good Oil Conference
Robinson No.1 Completion Early Results Early Performance - Robinson No. 1 y = 16.621ln(x) + 47.357 R = 0.2102 100 BO/BOE/BW Robinson-1 Oil Robinson-1 BOE R-1 Water 140 Day Av. Rates -114 BOPD, 102 MCFD (131…
Modeled 10 Well Production Profile R-1 Oil Produced 42o API 85% Oil & 15% Gas Ratio Peak WI = 1,300 BOEPD (1,105 BOPD) Slide 10 2013 Good Oil Conference
Northern Star Work Plan Locator Slide 12 2013 Good Oil Conference
Cozart 19 No.1 Completion Cozart 19 No. 1 Production 100 100 MCFD BOPD/BOEPD/BWPD Oil TOT Liquids Water 180 Day Av. Rates -142 BOPD, 153 MCFD (167 BOEPD) BOE 212 BNGL/MMCF Yield 84% Oil 16% Gas split Gas Cum…
Modeled 10 Well Production Profile C 19-1 Oil Produced 45o API 85% Oil & 15% Gas Ratio Peak WI = 1700 BOEPD (1,445 BOPD) Slide 14 2013 Good Oil Conference
Big Star SUMMARY OPPORTUNITY 18,786 gross (15,500 net) acres Large contiguous position in emerging horizontal 11,200 wells: Clear Fork, Spraberry, Dean, play fairway. Wolfcamp, Cline, Strawn, Mississippian & Woodford Industry…
Big Star Locator Map Slide 16 2013 Good Oil Conference
Type Curve Performance Slide 17 2013 Good Oil Conference
20 Well & Current Production Profile Slide 18 2013 Good Oil Conference
Select Operational Photos Robinson Battery Beall Fresh Water Pit Robinson No. 2 Drilling Northern Star Pump & Battery Slide 19 2013 Good Oil Conference
Summary 26 June 2013 300,000,000 USD Executed Letter of Intent for sale of Permian Assets 26 August 2013 300,000,000 USD Executed Purchase and Sale Agreement for sale of Permian Assets Attractive position in the Northern Midland Basin…