ENERVEST, LTD. IPAA Private Capital Conference January 29, 2015
AUM Oil & Gas Reserves 1,280 employees 36,000 wells in 15 states (78% operated) Production Mix 2 Corporate Offices 6.2 Tcfe 2P Reserves (67% gas) 950 Mmcfe/d 24 District Offices 7 asset regions 6.0 million acres (90%…
A&D Market Observations A&D Market Picking Up Market activity light in 2013 at 42 billion, but robust at 62 billion in 2014 Activity led primarily by oil/liquids resource plays (Bakken, Permian, & Eagle Ford), but 2015 could see…
Collapsing Oil Prices Have Triggered an Equity Sell-Off Market Capitalization Changes since June 1, 2014 WTI has fallen 50% since Quicksilver (92.0)% June 1, resulting in: Sanchez Northern (69.6)% (62.1)% Budgets reduced in…
Historical United States Asset Supply & ENERVEST Participation Acquisitions Energy assets have become very liquid through a large brokerage Divestitures infrastructure and transaction levels have significantly increased over the…