PEDEVCO Corp. (PACIFIC ENERGY DEVELOPMENT) NYSE MKT: PED Company Presentation for Roth Conference March 10, 2014
Summary Overview A dynamic, emerging energy company focusing on high-growth, early cash flow energy projects, including shale oil and gas, in the U.S. and Asia. Focus Shale and conventional oil and gas in the U.S. and Asia Strategic…
Corporate History February 2011 - April 2012 December 2012 July 2013 December Feb/Mar 2014 Pacific Energy Drills first well on Spuds 2nd and 3rd 2 additional wells 2013- Raised 7.4 Development Niobrara asset (IP rate wells in Niobrara…
Corporate Highlights Strong industry relationships Proven Management and Developed over 500 horizontal shale wells Operations Team Fastest spud to TD in Niobrara Well costs significantly below AFE United States: International:…
Management Team Frank Ingriselli Past President of Texaco International Operations Y.M. Shum Held senior management positions in E&P at Texaco President, CEO Past President of Texaco Technology Ventures Chief Technology Lead first…
Board of Directors Frank Ingriselli President and CEO of Pacific Energy Development (NYSE: PED) President, CEO Founder and former President and CEO of Pacific Asia Petroleum President of Texaco International President of Texaco…
Core Assets High ROR% Niobrara and Mississippian High Rates of Return* *Source: Credit Suisse Research, June 20, 2012 9 Copyright (c) 2014 PEDEVCO Corp.
Current Assets United States Shale Oil 10 Copyright (c) 2014 PEDEVCO Corp.
Core Oil Field Assets Focus on developing proven, producing assets Niobrara Asset 60,472 gross, 15,387 net acres in Weld and Morgan Counties, Colorado 20 100% working interest + operatorship 45 producing wells (including 15 after-…
Niobrara Asset Purchase (Mar 2014) Signed PSA on January 21, 2014 14,000 net operated acres 40 producing wells 11 operated / 14 non-operated wells 15 after-pay-out interest wells 200 BOE/D (11 MM PDP PV-10) 6 million of cash flow…
Niobrara Basin Overview Key Highlights Located in the Denver-Julesburg (DJ) Basin PEDEVCO acreage in Morgan and Weld Counties Neighbors include Noble Energy, Carrizo, Whiting, EOG, Bonanza Creek, Bill Barrett, Synergy and PDC…
Newly Acquired Acreage (on Resistivity Map) New Acreage Previous Acreage 14,000 net total acres 921 acres Wattenberg Highest resistivity 60+ Ohms 250,000+ EUR (BOE) 6,702 acres Wattenberg Extnsn Higher resistivity 30-60…
Increase in Acreage Quality Newly Acquired Area: Resistivity Range Number of Gross Potential Gross Sections Wells Less than 30 Ohms 78 624 30 60 Ohms 82 1,300 60+ Ohms 18 288 Legacy PEDEVCO Area: Resistivity Range Number of Gross…
Niobrara Economic Profile Assumptions Type Curve D&C Costs 3.8 million 30 Day IP 176 BOE/d Initial Year Decline 45% EUR 185 MBOE IRR Sensitivity to D&C Costs IRR Sensitivity to EUR 16 Copyright (c) 2014 PEDEVCO Corp.
Mississippian Basin Overview Key Highlights 60+ year history of vertical production with well-developed infrastructure Horizontal drilling making the Mississippian a premier onshore play Significant new developments and leasing…
Mississippian Economic Profile Assumptions Type Curve D&C Costs 3.25 million 30 Day IP 300 BOE/d Initial Year Decline 61% EUR 320 MBOE IRR Sensitivity to D&C Costs IRR Sensitivity to EUR 18 Copyright (c) 2014 PEDEVCO Corp.
Significant Potential Net Reserves PEDEVCOs current Niobrara and Mississippian assets post acquisition could hold net unrisked reserve potential of over 43 MMboe, stemming from only one primary reservoir in each asset and using 80 acre…
International Acquisition Kazakhstan Oil and Gas Worlds 2nd largest oil reserves and 2nd largest oil production. Long history of industry development, foreign investment and established infrastructure and service sector. Politically…
PED Kazakhstan Acquisition PEDEVCO entered into agreement in September, 2013 to acquire an interest in 34% of Aral Petroleum which holds a 100% operated working interest in a 380,000 acre contract area in the North Block located in the…
PED Contract Area Surrounded by Major Production North Block is located in the eastern portion of the Pre-Caspian Basin, an active exploration area with presence of major oil and gas companies. 22 Copyright (c) 2014 PEDEVCO Corp.
Pipeline of Opportunities Opportunities to expand in our core areas: Down-spacing of well spacing: 80 to 40 acres/well in Niobrara 160 to 80 acres/well in Mississippian Additional formations in Niobrara: Niobrara C, Codell &…
Contact Information Corporate Headquarters 4125 Blackhawk Plaza Circle, Suite 201 Danville, CA 94506 Tel: (855) PEDEVCO / (925) 271 9314 Corporate website: www.PacificEnergyDevelopment.com Investor Relations Contacts: Liviakis…
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