Company Summary Independent Energy MLP with Upstream and E&P Asset Profile (1) Oilfield Services divisions 16.3 MMBoe total proved reserves Headquartered in Oklahoma City, OK 83% proved developed Initial Public Offering NSLP February…
Our Strategy Organically expand our business units Maintain a strong balance sheet Focus on cost efficiency and capital allocation Provide high-value and essential services to our customers Pursue accretive acquisitions…
NSLP E&P Overview(1) Non-operated interest in 313 gross, 150.1 net wells that produce from 5 project areas in Central Oklahoma Average Working Interest: 41.9% Producing zones: Hunton, Arbuckle, and miscellaneous uphole zones 4Q…
E&P Acquisition Summary State of Oklahoma Outline of Hunton Reservoir NSLP Core NSE Core NSLP Operating Operating Acquisition Area Area March 2013 NSLP NSLP NSLP Acquisition Acquisition Acquisition May 2013 July 2013…
Project Areas Summary Golden Lane Eight East Paden Counties: Counties: Counties: Okfuskee, Pottawatomie & Seminole Okfuskee & Seminole Lincoln & Okfuskee Production Zones: Production Zones: Production Zones: Hunton multilateral,…
NSLP Acquisition & Distribution History February March May July October 2013 2013 2013 2013 2013 New Source Energy Completes first E&P Completes second E&P Increased distribution Completes fifth E&P Partners completes acquisition of…
New Sources Oilfield Services Operations Geographic Footprint 9
Industry Drivers The market for pressure control has experienced rapid growth Demand for pressure control equipment and services during the drilling and completion phases of the life cycle of the well is primarily dependent upon the…
Blowout Prevention Installation and Pressure Testing Overview The key to providing BOP installation services is the utilization of Gin Trucks to place two winches on the rig floor, which are utilized to hold the BOP in place while…
Well Testing and Flowback Overview Fracking operations for unconventional completions can require 4,000 to 10,000 barrels of completion fluids per stage to be pumped into the formation These completion fluids must be recovered before…
New Sources Service Offerings and Value Proposition Emphasis on customer Safety, safety and safety service, as evidenced by large, blue-chip customer base Best-in-class hydraulic pumps allow New Source to Prevent expensive…
Appendix 14
2015 Revenue and EBITDA Guidance Oilfield Services Division Revenue and EBITDA Guidance E&P Division Production and Expense Guidance Oilfield Services Division Production (Boe/d) 3,750 3,950 Revenue ( in millions) 120.00 - 140.00…
Two Year Derivative Portfolio(1)(2) Oil Gas NGL's Oil Gas NGL's Average Swap 88.90 4.25 75.18 Average Swap 86.00 4.37 - Average Floor 85.80 3.82 - Average Floor - 3.50 - Average Ceiling: 97.59 4.32 - Average Ceiling: - - - Average…
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