Skip to main content INVESTOR PRESENTATION – Samson Resources Company | Shale Experts
Loading...
Pm

INVESTOR PRESENTATION – Samson Resources Company

Samson Resources Company · Nov 1, 2013 · 24 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. INVESTOR PRESENTATION – Samson Resources Company – slide 1
    November 2013
  2. INVESTOR PRESENTATION – Samson Resources Company – slide 2
    Company Overview Company Snapshot Focusing on Liquids-rich Targets in Existing Resource Base Proved Reserves (12/31/12): 2.0 Tcfe Rockies Targets: Shannon, Sussex, Frontier, Three Q2 2013 Production: 595 MMcfe/d Forks, Middle…
  3. INVESTOR PRESENTATION – Samson Resources Company – slide 3
    Committed Leadership with Investor Support Public Company Industry Experience Experience Randy Limbacher - Chief Executive Officer and Director 32+ 32+ Richard Fraley - Executive Vice President and Chief Operating 30+ 25 Officer…
  4. INVESTOR PRESENTATION – Samson Resources Company – slide 4
    Corporate Strategy Maximize dollars at the drill bit Optimize Capital Focus on prospects with higher liquids content (returns focused drilling program) Program Reduce costs and improve efficiencies in the field Delineate the…
  5. INVESTOR PRESENTATION – Samson Resources Company – slide 5
    Delivering on Liquids Growth MBbl/d % Liquids 30 Liquids Production by Quarter 35% 29% 30% 26% 25% 20 22% 19% 20% 13 12 11 15% 10 10 10% 5% 10 12 14 16 0 0% Q1'12* Q2'12* Q1'13 Q2'13 NGL Oil % Liquids…
  6. INVESTOR PRESENTATION – Samson Resources Company – slide 6
    Reducing Drilling & Completion Costs 7.0 Pad Drilling Completion Service Provider Reductions Down 8% 6.6 6.5 Down D&C Costs per Well (MM) 8% 6.1 6.0 6.0 5.5 5.5 5.0 2012 2013 YTD 2012 2013 YTD Bakken -…
  7. INVESTOR PRESENTATION – Samson Resources Company – slide 7
    Improving Relative Cost Structure Commitment to Continual Improvement Lease Operating Expense Flat despite shift to higher cost liquids focused drilling Cash G&A Reduced compensation expense ( per Mcfe) Lease Operating Expense…
  8. INVESTOR PRESENTATION – Samson Resources Company – slide 8
    Rocky Mountain Operations Rocky Mountains Snapshot: Williston Basin: Three Forks and Middle Bakken Net Acreage: 1,000,000 development YE 2012 Proved Reserves: 779 Bcfe North Dakota Q213 Production: 4.5 MBoe/d Rig Count: 1 Q213…
  9. INVESTOR PRESENTATION – Samson Resources Company – slide 9
    Green River Basin Ft. Union Overview Asset Map Rig Count: Currently operating 2 rigs Upper, Middle, and Lower Acreage: 39,900 gross acres / 32,000 net acres Prospective Middle and Lower Prospective Q213 Production: 47 MMcfe/d, up…
  10. INVESTOR PRESENTATION – Samson Resources Company – slide 10
    Bakken Ambrose Field Overview Ambrose Field Asset Map Rig Count: Plan to operate 1 rig through 2014 drilling Middle Bakken and Three Forks Williston Basin Snapshot: 69,000 net acres in Divide County AMBROSE FIELD 29,000…
  11. INVESTOR PRESENTATION – Samson Resources Company – slide 11
    Powder River Basin Asset Map by Field Buffalo Targeted Zones BLM Office North Tree Field LANCE FM. FOX HILLS SS LEWIS SS MESAVERDE TEAPOT SS. Spearhead Ranch Field PARKMAN SS. SUSSEX SS. (9,500) SHANNON SS. (10,000)…
  12. INVESTOR PRESENTATION – Samson Resources Company – slide 12
    Powder River Basin North Tree Field Overview Development Map Rig Count: Currently operating 2 rigs drilling multi-well pads targeting the Shannon formation in North Tree Field Acreage: 17,000 net acres North Tree Activity:…
  13. INVESTOR PRESENTATION – Samson Resources Company – slide 13
    Powder River Basin Sussex Overview Sussex by Field Rig Count: Currently no active rigs. Two rigs Spearhead Ranch currently planned to move from Green River back to Powder River to resume Sussex program in February 2014…
  14. INVESTOR PRESENTATION – Samson Resources Company – slide 14
    Powder River Basin Frontier Overview West Hornbuckle - Frontier Rig Count: Currently no active operated rigs Prospective Acreage: 9,000 net acres (West Hornbuckle) 39N 75W 39N 74W Activity to Date: Bill Barrett, Helis and SM…
  15. INVESTOR PRESENTATION – Samson Resources Company – slide 15
    Mid-Continent / East Texas Operations MC/ET Snapshot: Net Acreage: 954,000 YE 2012 Proved Reserves: 1,235 Bcfe Arkoma Basin: Q213 Average Daily Production: 362 MMcfe/d Mature Dry Gas Asset Oil 11%; NGL 14%; Gas 75% Q213 Production:…
  16. INVESTOR PRESENTATION – Samson Resources Company – slide 16
    Anadarko Shelf Granite Wash Overview Granite Wash Asset Map Rig Count: Currently operating 2 rigs drilling Stacked GW Potential multi-well pads targeting Granite Wash stacked Texas Oklahoma pay Acreage: 63,000 net acres…
  17. INVESTOR PRESENTATION – Samson Resources Company – slide 17
    Marmaton Overview Asset Map Black Kettle Rig Count: Currently operating 2 rigs in Black Kettle ROGER MILLS Activity Summary: Six operated wells currently producing Maxon 2-13H with strong results; liquids cut higher IP 30: 1,300…
  18. INVESTOR PRESENTATION – Samson Resources Company – slide 18
    Mississippi Lime Overview Asset Map Dietz & Cheyenne Valley Rig Count: Currently no active rigs Dietz Area Activity Summary: Drilled and completed 4 successful wells in our Dietz Area (one stacked 4 Well Avg. IP30 - 290 BOPD…
  19. INVESTOR PRESENTATION – Samson Resources Company – slide 19
    East Texas Cotton Valley Cotton Valley Overview Focus Area - Southeast Carthage Field Rig Count: Operating 2 rigs in SE Carthage Field Reeves 4 Well Pad Cotton Valley Snapshot: (1st Sales 9/29/2013) Acreage: 31,000 net acres…
  20. INVESTOR PRESENTATION – Samson Resources Company – slide 20
    East Texas Cotton Valley Taylor Cotton Valley Taylor Overview Cotton Valley Taylor Current Plans: WOODLAWN Two wells scheduled in Q413 Q114 HARRISON Four additional wells scheduled in 2014 Drilling focused on targets with the…
  21. INVESTOR PRESENTATION – Samson Resources Company – slide 21
    Financial Strategy Committed to a Strong and Stable Capitalization Profile Target pre IPO leverage at or below 3.5x Maintain financial flexibility to execute on near-term capital plan Focus on maintaining solid liquidity position…
  22. INVESTOR PRESENTATION – Samson Resources Company – slide 22
    Financial Position Debt Maturity Profile and Liquidity (MM) 2020 2,250 2019 2018 1,000 2017 2016 284 1,496 RBL Capacity: 1.78B 0 500 1,000 1,500 2,000 2,500 Revolver - Borrowings Revolver - Availability (1)…
  23. INVESTOR PRESENTATION – Samson Resources Company – slide 23
    Current Hedge Position As of October 1, 2013 Gas Swaps Oil Swaps NGL Swaps Year MMBtu/d(1) Swap Price Year Bbls/d(1) Swap Price Year Bbls/d(1) Swap Price 2013 332,000 3.75 2013 17,750 92.82 2013 8,650 35.81 2014 309,000 4.15…
  24. INVESTOR PRESENTATION – Samson Resources Company – slide 24
    Adjusted EBITDA Reconciliation Three Months Three Months Twelve Months Ended Ended Ended March 31, 2013 June 30, 2013 June 30, 2013 (revised) Net income (loss) (58,229) 83,044 (1,514,074) Interest expense, net - - - Provision…

From the store

Browse maps, data & reports in the Shale Experts store