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February 2015 Investor Presentation – Jones Energy Inc.

Jones Energy Inc. · Feb 11, 2015 · 10 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. February 2015 Investor Presentation – Jones Energy Inc. – slide 1
    Jones Energy Investor Presentation February 2015
  2. February 2015 Investor Presentation – Jones Energy Inc. – slide 2
    Current Operations Update Reduced rigs from 11 in 4Q14 to 3 currently All 3 rigs focused on Cleveland activity Estimated Q4 2014 production of 23.2 23.4 Mboe/d 15 new wells online in January 2015 29 Mboe well-head daily production…
  3. February 2015 Investor Presentation – Jones Energy Inc. – slide 3
    Strong Proved Reserves Growth in 2014 Total Proved Reserves 2014 proved reserves increased 29% MMBoe 125 SEC PV-10(1) increased to 1.5 billion (48% increase) 100 29% Oil up from 19% to 24% of proved reserves 75 growth 115.3…
  4. February 2015 Investor Presentation – Jones Energy Inc. – slide 4
    2015 Capital Spending Focused on the Cleveland 2015 Capital Budget of 210 million Over 90% dedicated to drilling Cleveland wells Balance is workovers and field maintenance projects Spending within cash flow Capex reduced 60%…
  5. February 2015 Investor Presentation – Jones Energy Inc. – slide 5
    Cleveland 33-Stage Open Hole Cost Reductions 700,000 in cost reductions since Q4 2014; expecting additional reductions in coming months 4.0 3.8 3.0 3.1 Achieved Reductions 2.6 AFE in millions Frack Services 38% Rig…
  6. February 2015 Investor Presentation – Jones Energy Inc. – slide 6
    Lower Cost Will Justify Additional Rigs in 2H 2015 Continued cost reductions will further enhance expected returns Well Level IRR Cleveland 33 Stage OH AFE ('000) 2,100 2,350 2,600 2,850 3,100 ( per bbl / per mmbtu) Target AFE…
  7. February 2015 Investor Presentation – Jones Energy Inc. – slide 7
    Maintain Production with Scaled Back Capital Program 2015 budget delivers nearly identical production with significantly less invested capital 15 CapEx: Decreased 60% 15 Production:…
  8. February 2015 Investor Presentation – Jones Energy Inc. – slide 8
    Hedging Program Among the Best of Peer Group Extensive hedging program provides security in an uncertain commodity price environment 90% of estimated 2015 oil production hedged at 85 20152016 Projected Production % Hedged 75%…
  9. February 2015 Investor Presentation – Jones Energy Inc. – slide 9
    EBITDA for 2015 is Highly Protected Hedging Impact on 2015 EBITDA 100% < 5% change in total EBITDA due to hedges 80% Projected EBITDA 60% 40% 20% 0% Strip Strip1/23/2015 2/3/2015 30 oil / 2 gas 10 oil / 1 gas…
  10. February 2015 Investor Presentation – Jones Energy Inc. – slide 10
    Jones Energy Prepared for the Future Mid-Continent Focus History of success through multiple commodity cycles for over 25 years Expertise creates opportunities to acquire at favorable prices Operational Leader Fit for purpose…

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