Q3 2014 Conference Call November 17, 2014 Supplemental Materials
Current Strategy Focus the Asset Base Williston Powder River Ft. Union Wamsutter San Juan Mid-Con Arkoma East Texas Core Assess Divest/Monetize Targeted Acquisition (New Cores Areas) 3
Executing on the Strategy Material Acquisitions Bolt-On Acquisitions Efforts ongoing PSA executed with Goodrich Petroleum (GDP) Focused on Eagle Ford and Permian Basin to acquire Taylor producing properties and acreage in Rusk…
East Texas Bolt-On Acquisition Deal Overview(1) Acquisition Map Overview Samson agreed to acquire 38,000 net acres from Goodrich Petroleum Substantial and contiguous acreage block directly offsetting our Oakhill Field in Rusk…
Q314 Production Summary (MMcfe/d) Q1'14 Q2'14 Q3'14 9ME '14 9ME '13 West Division Williston 23 24 29 25 25 Powder River 22 29 29 26 23 Greater Green River 56 64 51 57 80 San Juan 84 80 80 81 94 East Division Mid-con West 84 84…
Q314 Operations Update (1) West Division First Sales Activity 50 100 Bakken Encouraging results from first operated 88 39 4-well pad on increased spacing with plug & perf 40 75 completion 9 30 26 23 9 50 PRB Focused on…
Q314 Financial Position & Liquidity (MM) Q1'14 Q2'14 Q3'14 9ME'14 Cash Flow From Operations 103 157 103 363 Divestiture Proceeds 6 48 61 114 Total 109 205 164 477 Cash Capital Expenditures: Drilling and Completion (1) 131 199…
Current Hedge Position As of November 12, 2014 Natural Gas Swaps & Collars Oil Swaps NGL Swaps Wtd Avg Year Bbls/d(1) Swap Price Year Bbls/d(1) Swap Price Year MMBtu/d(1) Floor 2014 306,000 4.15 2014 15,000 90.62 2014 7,500…
Q3 2014 Adjusted EBITDA Reconciliation Three Months Nine Months Twelve Months Ended Ended Ended September 30, 2014 September 30,2014 September 30, 2014 (dollars in thousands) Net loss (261,813) (470,657) (1,607,503) Interest…