Baron Energy, Inc. Corporate Overview. October 1,

Size: px
Start display at page:

Download "Baron Energy, Inc. Corporate Overview. October 1, 2012. www.baronenergy.com"

Transcription

1 Baron Energy, Inc. Corporate Overview October 1,

2 Safe Harbor Statement This presentation includes forward-looking statements. All statements, other than statements of historical facts, included in this presentation that address activities, events, or developments that the Company expects, believes, or anticipates will or may occur in the future are forward-looking statements. These statements include but are not limited to forward-looking statements about acquisitions and the expectations of plans, strategies, objectives, and anticipated financial and operating results of the Company, including the Company s drilling program, production, hedging activities, expenditure levels, and other information included in this presentation. These statements are based on certain assumptions made by the Company based on management s experience and perception of historical trends, current conditions, anticipated future developments, and other factors believed to be appropriate. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements. These include risks relating to the Company s financial performance and results, availability of sufficient cash flow to execute its business plan, ability to secure funding for acquisitions, prices, and demand for oil, gas, and natural gas liquids, the ability to replace reserves and efficiently develop current reserves and other important factors that could cause actual results to differ materially from those projected in this presentation. Any forward-looking statement speaks only as of the date on which such statement is made and the Company undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events, or otherwise. 2

3 Introduction On February 22, 2010, Baron Energy, Inc. merged with two privately held companies with oil and gas properties and operations in West Texas. The merger brought with it a seasoned management team, a new board of directors, and a new business strategy to acquire and exploit oil production within a core area of North and West Texas. In December 2010, Baron sold most of its non-operated oil and gas properties in order to focus on operated only properties. In January 2012, a 5 Year Plan was developed to provide both a vision and a guide for Baron during the coming years. The plan is underway. 3

4 Company Overview HQ in San Marcos, Texas OTC Markets: BROE Shares outstanding: 75 million / 15 million float Current Price (9/30/12): $0.047/share 3 month average volume: 12,867 shares/day 52 week range: $ $0.06/share Current Market Cap: $3.5 million Total Debt: $3.4 million 4

5 A corporate vision and strategy proven during more than 11 years of regional transactions and operating history Baron grows its production and revenue by: 1) Acquisition of producing properties with upside potential 2) Production enhancements: workovers, reactivations, recompletions, and in-fill drilling Focused on low-risk conventional oil production Operate only in North, North Central, and West Texas Management has over 60-years of industry experience; 30 years in business development; executed more than 80 buy/sell transactions within the past 11 years; strong operating background; worked together for 20 years Management has an established track record of results More than 80 buy/sell transactions 5

6 Management Team has significant oil and gas experience including major oil company and independent owner/operator Ronnie L. Steinocher Chairman, President and Chief Executive Officer 33 years of oil and gas experience, including 18 years with Conoco Inc. Co-founder and owner/operator of independent oil and gas companies since Extensive experience in drilling, production, reservoir, and operations engineering, oil and gas investment evaluation, deal structuring, fund sourcing, business development, including major acquisitions both international and domestic, and general management. BS Architecture, University of Texas at Arlington, BS Civil Engineering, The University of Texas at Austin. Member of the Society of Petroleum Engineers. Licensed professional engineer in Texas. Lisa P. Hamilton Executive Vice President, Chief Financial Officer and Director 31 years of oil and gas experience, including 20 years with Conoco Inc. Co-founder and owner/operator of independent oil and gas companies since Extensive experience in finance, accounting, land administration, pipeline, right-of-way, contracts, risk management, business development, international oil and gas, deal structuring, banking, fund sourcing, and general management. BS Business Administration with Highest Honors, University of Houston - Downtown. 6

7 Core Area of Operations is located in North, North Central and West Texas where management has operated for the past 11 years Baron Energy, Inc. Core Area of Operations HQ San Marcos, Texas 7

8 Core Operating Area North Texas and West Texas 58 Counties 55,715 square miles 36 million acres 650,000 BOPD production 95,800 producing oil wells 39,500 shut-in wells Multiple pay zones Shut-in wells provide plenty of opportunity for growth Well and production data from Texas Railroad Commission

9 Operators in core area range from the largest to the smallest Many major oil companies continue to operate in North and West Texas ExxonMobil Chevron Conoco Smallest operator is a sole proprietorship 7,618 oil and gas companies operate in Texas Work with small operators and sole proprietorships Data from Texas Railroad Commission

10 Operating Status Annualized revenue of approximately $1 million Net production BOEPD; gross BOEPD 95% oil production; 45 producers / 33 shut-in wells Producers include participation agreement with Wasp Energy LLC 12.5% to 100% ownership in leases; both operated and non-operated Well depths range from 1,700 to 7,700 feet More than 3,500 acres in 9 Texas counties Acreage includes participation agreement with Wasp Energy LLC Ongoing field operations to increase production Continuous acquisitions program Long-lived oil production (> 50 years) 10

11 Criteria used to identify acquisition candidates 1) Located in Core Area 2) Current production 3) Operatorship 4) Upside via workovers, reactivations, recompletions, in-fill drilling 5) Well depths less than 5,000 feet 6) Multiple pay zones 7) Private negotiation Preference is for multiple well projects: 5-50 wells 11

12 Production is increased by a mixture of different programs 12

13 Number of production wells will continue to increase as reactivations are completed Current well inventory will provide 2-3 reactivations per month for the remainder of the year Includes Wasp Energy JV 13

14 Production continues to increase as acquisitions are closed and field work completed Year-end production includes 4 pending acquisitions Includes Wasp Energy JV 14

15 West Texas Intermediate (WTI) Crude Oil Prices 15

16 Highlights Potential for significant value increase over the next 12 months Understandable 5 Year Plan driven by a focused strategy Management s 30% ownership directly aligned with shareholders Conventional oil production in the defined core area Rolling inventory of acquisition candidates at all times Soon to be fully SEC compliant Continuous inventory of acquisition candidates 16

17 Larger producing properties are under review for acquisitions in 2013 Example of the types of larger properties under review for acquisition: Located in Core Area BOEPD gross; prefer 100% oil production wells Depths of 1,500 to 5,000 feet Water disposal available Upside via workovers, reactivations, recompletions, and in-fill drilling Only acquire producing properties 17

18 Future State: Year-End 2012 SEC fully compliant Trade on OTCQB Banking relationship with credit facility Private debt restructured Four pending acquisitions closed Producing well count 50 plus Continuous investor outreach program Annualized revenue of $2-3 million 2-3 acquisitions in pipeline for 1-2Q2013 Completed milestones will provide a solid base for growth in

19 Acquire, Enhance, Divest or Keep The Process Acquire production with upside Complete workovers Upgrade facilities, if required Reactivate shut in wells Recomplete additional productive zones, if available Complete reserve report on properties Disposition of assets or keep in portfolio for future drilling locations 19

20 Path Forward for 2013 Continue to execute the 5 Year Plan Acquire more properties similar to those acquired in 2011 and 2012 Achieve at least 100 BOPD of new production via reactivation projects Close at least one acquisition of 100 BOPD plus with upside Producing well count of wells by year-end 2013 Continuous investor outreach program; quarterly presentations Annualized revenue at year-end of $10-20 million Year-End 2013 Production Target of BOEPD 20

21 Reasons to Invest in Baron Without the Numbers Potential for significant per share increase within 12 months Easy to understand and focused business plan Seasoned management team with proven track record Management ownership of 30%; highly motivated team Peer group comparisons indicate excellent upside business plan Significant per share increase with successful execution of business plan 21

22 Peer Group Comps 22

23 Company Contact Baron Energy, Inc. 300 S. C.M. Allen Parkway, Ste 400 San Marcos, Texas Phone (512) Fax (512)

VAALCO ENERGY ANNOUNCES FIRST QUARTER 2015 RESULTS

VAALCO ENERGY ANNOUNCES FIRST QUARTER 2015 RESULTS VAALCO ENERGY ANNOUNCES FIRST QUARTER 2015 RESULTS HOUSTON MAY 7, 2015 VAALCO Energy, Inc. (NYSE: EGY) today reported results for the first quarter of 2015. First Quarter 2015 highlights: Successfully

More information

GeoResources, Inc. Reports First Quarter Financial and Operational Results

GeoResources, Inc. Reports First Quarter Financial and Operational Results GeoResources, Inc. Reports First Quarter Financial and Operational Results Reports First Quarter Adjusted Net Income of $11.5 Million or $0.44 Per Share and Adjusted EBITDAX of $30.4 Million Houston, Texas,

More information

Corporate Presentation August 19, 2015

Corporate Presentation August 19, 2015 Corporate Presentation August 19, 2015 Safe Harbor Disclosure Please carefully read the following disclaimer: The information discussed in this Presentation includes forward-looking statements within the

More information

Enhanced Oil Resources Inc. Provides 2012 Activity Update

Enhanced Oil Resources Inc. Provides 2012 Activity Update Enhanced Oil Resources Inc. Provides 2012 Activity Update HOUSTON, Feb. 15, 2012 /CNW/ - Enhanced Oil Resources Inc. (TSX-V: EOR) is pleased to provide the following update regarding the Company's proposed

More information

PRESS RELEASE. November 12, 2013

PRESS RELEASE. November 12, 2013 PRESS RELEASE November 12, 2013 TORC OIL & GAS LTD. ANNOUNCES THIRD QUARTER 2013 FINANCIAL & OPERATIONAL RESULTS, SUCCESSFUL TRANSITION TO SUSTAINABLE DIVIDEND PLUS GROWTH COMPANY AND INCREASE TO 2013

More information

PARSLEY ENERGY ANNOUNCES SECOND QUARTER 2015 FINANCIAL AND OPERATING RESULTS Raises Production Guidance

PARSLEY ENERGY ANNOUNCES SECOND QUARTER 2015 FINANCIAL AND OPERATING RESULTS Raises Production Guidance NEWS RELEASE PARSLEY ENERGY ANNOUNCES SECOND QUARTER 2015 FINANCIAL AND OPERATING RESULTS Raises Production Guidance AUSTIN, Texas, August 11, 2015 Parsley Energy, Inc. (NYSE: PE) ( Parsley, Parsley Energy,

More information

EPAC: Oil and Gas Investor Showcase. June 10, 2015

EPAC: Oil and Gas Investor Showcase. June 10, 2015 EPAC: Oil and Gas Investor Showcase June 10, 2015 Forward Looking Statement Advisories Certain information contained in this presentation constitutes forward-looking information within the meaning of applicable

More information

Memorial Production Partners LP Announces Second Quarter 2015 Results, Cash Distribution Update, Updated Hedges and Updated 2015 Guidance

Memorial Production Partners LP Announces Second Quarter 2015 Results, Cash Distribution Update, Updated Hedges and Updated 2015 Guidance August 5, 2015 Memorial Production Partners LP Announces Second Quarter 2015 Results, Cash Distribution Update, Updated Hedges and Updated 2015 Guidance HOUSTON, Aug. 5, 2015 (GLOBE NEWSWIRE) -- Memorial

More information

MEMP 2016 Guidance. Supplemental Materials. January 27, 2016 www.memorialpp.com

MEMP 2016 Guidance. Supplemental Materials. January 27, 2016 www.memorialpp.com MEMP 2016 Guidance Supplemental Materials January 27, 2016 www.memorialpp.com Forward-Looking & Other Cautionary Statements This presentation and the oral statements made in connection therewith contain

More information

Petro River Oil Corp. Reports Second Quarter 2015 Financials. Net Income of $6,293,845 ($0.74 per share)

Petro River Oil Corp. Reports Second Quarter 2015 Financials. Net Income of $6,293,845 ($0.74 per share) Petro River Oil Corp. Reports Second Quarter 2015 Financials Net Income of $6,293,845 ($0.74 per share) NEW YORK, NY, December 16, 2015 Petro River Oil Corp. (OTCBB: PTRCD) ( Petro River or the "Company"),

More information

Resolute Natural Resources and Hicks Acquisition Company to Merge in $582 Million Transaction Creating Resolute Energy Corp.

Resolute Natural Resources and Hicks Acquisition Company to Merge in $582 Million Transaction Creating Resolute Energy Corp. Resolute Natural Resources and Hicks Acquisition Company to Merge in $582 Million Transaction Creating Resolute Energy Corp. - Veteran Management Team with History of Success to Continue Leading Resolute

More information

PANHANDLE OIL AND GAS INC. REPORTS SECOND QUARTER AND SIX MONTHS 2009 RESULTS. Second Quarter Production Increases 38%

PANHANDLE OIL AND GAS INC. REPORTS SECOND QUARTER AND SIX MONTHS 2009 RESULTS. Second Quarter Production Increases 38% FOR IMMEDIATE RELEASE PLEASE CONTACT: Michael C. Coffman 405.948.1560 Website: www.panhandleoilandgas.com May 8, 2009 PANHANDLE OIL AND GAS INC. REPORTS SECOND QUARTER AND SIX MONTHS 2009 RESULTS Second

More information

Spectra Energy Reports Second Quarter 2008 Results, Net Income Up 51 Percent from Prior Year

Spectra Energy Reports Second Quarter 2008 Results, Net Income Up 51 Percent from Prior Year Media: Analysts: Molly Boyd (713) 627-5923 (713) 627-4747 (24-hour media line) John Arensdorf (713) 627-4600 Date: August 6, 2008 Spectra Energy Reports Second Quarter 2008 Results, Net Income Up 51 Percent

More information

IntercontinentalExchange Fourth Quarter & Year-End 2008. Earnings Presentation February 10, 2009

IntercontinentalExchange Fourth Quarter & Year-End 2008. Earnings Presentation February 10, 2009 IntercontinentalExchange Fourth Quarter & Year-End 20 Earnings Presentation February 10, 2009 Forward-Looking Statements Forward-Looking Statements This presentation may contain forward-looking statements

More information

Victory Energy Corporation (Exact name of registrant as specified in its charter)

Victory Energy Corporation (Exact name of registrant as specified in its charter) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event

More information

Spectra Energy Reports Fourth Quarter and Year-End 2011 Results

Spectra Energy Reports Fourth Quarter and Year-End 2011 Results Media: Analysts: Wendy Olson (713) 627-4072 (713) 627-4747 (24-hour media line) John Arensdorf (713) 627-4600 Date: February 2, 2012 Spectra Energy Reports Fourth Quarter and Year-End 2011 Results Company

More information

LAREDO PETROLEUM ANNOUNCES 2015 SECOND-QUARTER FINANCIAL AND OPERATING RESULTS

LAREDO PETROLEUM ANNOUNCES 2015 SECOND-QUARTER FINANCIAL AND OPERATING RESULTS 15 West 6 th Street, Suite 900 Tulsa, Oklahoma 74119 (918) 513-4570 Fax: (918) 513-4571 www.laredopetro.com LAREDO PETROLEUM ANNOUNCES 2015 SECOND-QUARTER FINANCIAL AND OPERATING RESULTS RAISES ESTIMATED

More information

Spectra Energy Reports First Quarter 2012 Results

Spectra Energy Reports First Quarter 2012 Results Media: Analysts: Wendy Olson (713) 627-4072 (713) 627-4747 (24-hour media line) John Arensdorf (713) 627-4600 Date: May 4, 2012 Spectra Energy Reports First Quarter 2012 Results Reported net income from

More information

Texas American Resources, LLC

Texas American Resources, LLC Company Overview October 2013 Texas American Resources, LLC 401 Congress Avenue, Suite 1600 Austin, Texas 78701 Main: 512.480.8700 Fax: 512.480.8732 www.texasarc.com 2 Texas American Resources, LLC ( TAR

More information

Bengal Energy Fourth Quarter and Fiscal 2016 Year End Results

Bengal Energy Fourth Quarter and Fiscal 2016 Year End Results June 17, 2016 Bengal Energy Fourth Quarter and Fiscal 2016 Year End Results Calgary, Alberta Bengal Energy Ltd. (TSX: BNG) ( Bengal or the Company ) today announces its financial and operating results

More information

Half-yearly Results. 25 July 2014

Half-yearly Results. 25 July 2014 Half-yearly Results 25 July 2014 1 1 Important notice DISCLAIMER FORWARD-LOOKING STATEMENTS This announcement may include statements that are, or may be deemed to be, "forward-looking statements". These

More information

GULFPORT ENERGY CORPORATION DECEMBER 31, 2015 NET PROVED RESERVE RECONCILIATION (Unaudited) Gas Equivalent BCFE

GULFPORT ENERGY CORPORATION DECEMBER 31, 2015 NET PROVED RESERVE RECONCILIATION (Unaudited) Gas Equivalent BCFE February 2, 2016 Gulfport Energy Corporation Reports 83% Increase in Total Proved Reserves to 1.7 Tcfe, Provides Fourth Quarter 2015 Operational Update and Schedules Fourth Quarter and Full-Year 2015 Financial

More information

Spectra Energy Reports Fourth Quarter and Year-End 2007 Results

Spectra Energy Reports Fourth Quarter and Year-End 2007 Results Media: Molly Boyd (713) 627-5923 (713) 627-4747 (24-hour media line) Analysts: John Arensdorf (713) 627-4600 Date: February 6, 2008 Spectra Energy Reports Fourth Quarter and Year-End 2007 Results Fourth

More information

Runnels County, Texas

Runnels County, Texas Multi-Zone Oil and Gas Program Runnels County, Texas Forward Looking Statement This presentation may contain certain forward-looking statements, including management s assessment of future plans and operations,

More information

RESOLUTE ENERGY CORPORATION ANNOUNCES AGREEMENT TO SELL PERMIAN BASIN MID-STREAM ASSETS; PROVIDES OPERATIONAL UPDATE

RESOLUTE ENERGY CORPORATION ANNOUNCES AGREEMENT TO SELL PERMIAN BASIN MID-STREAM ASSETS; PROVIDES OPERATIONAL UPDATE RESOLUTE ENERGY CORPORATION ANNOUNCES AGREEMENT TO SELL PERMIAN BASIN MID-STREAM ASSETS; PROVIDES OPERATIONAL UPDATE Signed Purchase and Sale Agreements to sell certain midstream assets Exited June with

More information

Spectra Energy Reports First Quarter 2009 Results

Spectra Energy Reports First Quarter 2009 Results Media: Analysts: Wendy Olson (713) 627-4072 (713) 627-4747 (24-hour media line) John Arensdorf (713) 627-4600 Date: May 5, 2009 Spectra Energy Reports First Quarter 2009 Results Reported net income (controlling

More information

Corporate Presentation January 2016

Corporate Presentation January 2016 Corporate Presentation January 2016 CAUTIONARY STATEMENTS Certain information regarding the Company contained in this presentation, including our liquidity position, our business strategies, plans and

More information

Interim report 1 October 31 December 2014

Interim report 1 October 31 December 2014 Interim report 1 October 31 December 2014 FOURTH QUARTER Total revenues of $9,025 (545 ) EBITDA of $7,356 (-399 ) Net result of $2,120 (-3,643 ) Earnings per share $0.07 (-0.25) TWELVE MONTHS Total revenues

More information

HOUSTON AMERICAN ENERGY CORP

HOUSTON AMERICAN ENERGY CORP HOUSTON AMERICAN ENERGY CORP Investor Presentation April 2013 Forward-Looking Statements This presentation contains forward-looking statements, including those relating to our future financial and operational

More information

TOUCHSTONE ANNOUNCES 2015 THIRD QUARTER RESULTS AND ELIMINATION OF NET DEBT; UPDATES TRINIDAD ACQUISITION

TOUCHSTONE ANNOUNCES 2015 THIRD QUARTER RESULTS AND ELIMINATION OF NET DEBT; UPDATES TRINIDAD ACQUISITION TOUCHSTONE ANNOUNCES 2015 THIRD QUARTER RESULTS AND ELIMINATION OF NET DEBT; UPDATES TRINIDAD ACQUISITION Calgary, Alberta November 13, 2015 Touchstone Exploration Inc. ( Touchstone or the Company ) (TSX:

More information

Spectra Energy Reports Second Quarter 2007 Results

Spectra Energy Reports Second Quarter 2007 Results Media: Molly Boyd (713) 627-5923 (713) 627-4747 (24-hour media line) Analysts: John Arensdorf (713) 627-4600 Date: August 6, 2007 Spectra Energy Reports Second Quarter 2007 Results Second quarter reported

More information

NRG Energy to Combine with Texas Genco Creating the Leading Competitive Power Generation Company in the United States

NRG Energy to Combine with Texas Genco Creating the Leading Competitive Power Generation Company in the United States NEWS RELEASE FOR IMMEDIATE RELEASE NRG Energy to Combine with Texas Genco Creating the Leading Competitive Power Generation Company in the United States Transaction Valued at $5.8 Billion PRINCETON, NJ

More information

OCCIDENTAL PETROLEUM CORPORATION. Third Quarter 2015 Earnings Conference Call October 28, 2015

OCCIDENTAL PETROLEUM CORPORATION. Third Quarter 2015 Earnings Conference Call October 28, 2015 OCCIDENTAL PETROLEUM CORPORATION Third Quarter 2015 Earnings Conference Call October 28, 2015 Cautionary Statements Forward-Looking Statements Portions of this presentation contain forward-looking statements

More information

(713) 627-5353 (713) 627-4747 (24-hour media line) (713) 627-4600. Date: May 3, 2013

(713) 627-5353 (713) 627-4747 (24-hour media line) (713) 627-4600. Date: May 3, 2013 Media: Analysts: Caitlin Currie (713) 627-5353 (713) 627-4747 (24-hour media line) John Arensdorf (713) 627-4600 Date: May 3, 2013 Spectra Energy Reports First Quarter 2013 Results Reported net income

More information

SPARTAN ENERGY CORP. ANNOUNCES TWO CONSOLIDATING SOUTHEAST SASKATCHEWAN LIGHT OIL ACQUISITIONS AND BANK LINE REDETERMINATION

SPARTAN ENERGY CORP. ANNOUNCES TWO CONSOLIDATING SOUTHEAST SASKATCHEWAN LIGHT OIL ACQUISITIONS AND BANK LINE REDETERMINATION Suite 500, 850 2 nd Street SW Calgary, AB T2P 0R8 Canada Ph.: (403) 355-8920 Fax: (403) 355-2779 SPARTAN ENERGY CORP. ANNOUNCES TWO CONSOLIDATING SOUTHEAST SASKATCHEWAN LIGHT OIL ACQUISITIONS AND BANK

More information

LINN ENERGY, LLC Filed by LINNCO, LLC

LINN ENERGY, LLC Filed by LINNCO, LLC LINN ENERGY, LLC Filed by LINNCO, LLC FORM 425 (Filing of certain prospectuses and communications in connection with business combination transactions) Filed 03/23/16 Address 600 TRAVIS SUITE 5100 HOUSTON,

More information

EASTGROUP PROPERTIES ANNOUNCES THIRD QUARTER 2015 RESULTS

EASTGROUP PROPERTIES ANNOUNCES THIRD QUARTER 2015 RESULTS FOR MORE INFORMATION, CONTACT: David H. Hoster II, Chief Executive Officer Marshall Loeb, President and Chief Operating Officer N. Keith McKey, Chief Financial Officer (601) 354-3555 EASTGROUP PROPERTIES

More information

Liberty Energy. Powering America s Future

Liberty Energy. Powering America s Future Liberty Energy Powering America s Future Disclaimer: There are no guarantees about the future performance of the stock market or our stock. Before you invest in any security, you can protect yourself by

More information

Corporate Presentation October 2015

Corporate Presentation October 2015 Corporate Presentation October 2015 CAUTIONARY STATEMENTS Certain information regarding the Company contained in this presentation, including our liquidity position, our business strategies, plans and

More information

Spectra Energy Reports Third Quarter 2007 Results

Spectra Energy Reports Third Quarter 2007 Results Media: Molly Boyd (713) 627-5923 (713) 627-4747 (24-hour media line) Analysts: John Arensdorf (713) 627-4600 Date: November 6, 2007 Spectra Energy Reports Third Quarter 2007 Results Third quarter ongoing

More information

Independent Petroleum Association of America (IPAA) Private Capital Conference January 2016

Independent Petroleum Association of America (IPAA) Private Capital Conference January 2016 Independent Petroleum Association of America (IPAA) Private Capital Conference January 2016 Notice to Investors and Safe Harbor Statement This presentation may contain statements about future events, outlook

More information

RAGING RIVER EXPLORATION INC. ANNOUNCES 2015 YEAR END RESERVES AND UPDATED 2016 GUIDANCE

RAGING RIVER EXPLORATION INC. ANNOUNCES 2015 YEAR END RESERVES AND UPDATED 2016 GUIDANCE February 3, 2016 RAGING RIVER EXPLORATION INC. ANNOUNCES 2015 YEAR END RESERVES AND UPDATED 2016 GUIDANCE CALGARY, ALBERTA (February 3, 2016) Raging River Exploration Inc. ("Raging River" or the "Company")

More information

1 st QUARTER 2015 EARNINGS RESULTS Fran Shammo Chief Financial Officer

1 st QUARTER 2015 EARNINGS RESULTS Fran Shammo Chief Financial Officer VlpHU09DSUQyMDE1UTE= VlpHU09DSUQyMDE1UTE= 1 st QUARTER 2015 EARNINGS RESULTS Fran Shammo Chief Financial Officer April 21, 2015 Safe Harbor Statement NOTE: In this presentation we have made forward-looking

More information

For personal use only

For personal use only Suite 2, 12 Parliament Place West Perth WA 6005 Ph: +618 9482 0510 Fax: +618 9482 0505 Email: info@emeraldoilandgas.com www.emeraldoilandgas.com 10 January, 2012 Centralised Company Announcements Platform

More information

Trilogy completed the sale of its Dunvegan oil assets in the Kaybob area for net proceeds of $45 million.

Trilogy completed the sale of its Dunvegan oil assets in the Kaybob area for net proceeds of $45 million. Calgary, Alberta November 5, 2015 News Release: Trilogy Energy Corp. Announces Financial and Operating Results for the Three and Nine Months-Ended September 30, 2015 and Provides Revised Guidance Trilogy

More information

MIDSTATES PETROLEUM COMPANY, INC.

MIDSTATES PETROLEUM COMPANY, INC. MIDSTATES PETROLEUM COMPANY, INC. EnerCom s The Oil & Gas Conference 20 August 19, 2015 Mark E. Eck, EVP & Chief Operating Officer Forward-Looking Statements This presentation contains forward-looking

More information

SPARTAN ENERGY CORP. ANNOUNCES THIRD QUARTER FINANCIAL AND OPERATING RESULTS

SPARTAN ENERGY CORP. ANNOUNCES THIRD QUARTER FINANCIAL AND OPERATING RESULTS Suite 500, 850 2 nd Street SW Calgary, AB T2P 0R8 Canada Ph.: (403) 355-8920 Fax: (403) 355-2779 SPARTAN ENERGY CORP. ANNOUNCES THIRD QUARTER FINANCIAL AND OPERATING RESULTS CALGARY, ALBERTA (November

More information

February 2, 2016. Operational Update:

February 2, 2016. Operational Update: February 2, 2016 Memorial Resource Development Corp. Announces Operational Update, Year-End 2015 Reserves, 2016 Financial and Operational Guidance, Updated Horizontal Drilling Locations and Hedge Restructure

More information

A clear business model and strategy

A clear business model and strategy Our business model and strategy introduction Our business model and strategy have remained consistent since inception and have proven valid in both high and low oil price cycles. A clear business model

More information

EASTGROUP PROPERTIES ANNOUNCES FOURTH QUARTER AND YEAR 2015 RESULTS

EASTGROUP PROPERTIES ANNOUNCES FOURTH QUARTER AND YEAR 2015 RESULTS FOR MORE INFORMATION, CONTACT: Marshall Loeb, President and Chief Executive Officer N. Keith McKey, Chief Financial Officer (601) 354-3555 EASTGROUP PROPERTIES ANNOUNCES FOURTH QUARTER AND YEAR 2015 RESULTS

More information

Reserve Definitions Total Petroleum-initially-in-place Discovered Petroleum-initially-in- place

Reserve Definitions Total Petroleum-initially-in-place Discovered Petroleum-initially-in- place Reserve Definitions Reserve Definitions Total Petroleum-initially-in-place is subdivided into Discovered and Undiscovered Petroleum initiallyin-place, reflecting whether or not the quantities are contained

More information

FY15 Supplemental Information January 5, 2016

FY15 Supplemental Information January 5, 2016 FY15 Supplemental Information January 5, 2016 Safe Harbor This document contains certain forward-looking statements. These statements are based on the company s current expectations as to the outcome and

More information

Aroway Energy: Minimal Debt, Trading At 2 Times Cash Flow, Significant Growth Potential

Aroway Energy: Minimal Debt, Trading At 2 Times Cash Flow, Significant Growth Potential Aroway Energy: Minimal Debt, Trading At 2 Times Cash Flow, Significant Growth Potential! Mar.!6,!2014!8:59!AM!ET!!!! Devon!Shire,!Canadian!Value!Investor!! Long!only,!newsletter!provider,!oil!&!gas,!smallJcap!

More information

Delaware 000-50703 14-1839426 (State or other jurisdiction of incorporation)

Delaware 000-50703 14-1839426 (State or other jurisdiction of incorporation) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: November 7, 2014 (Date

More information

Rex Energy Reports Second Quarter 2014 Operational and Financial Results

Rex Energy Reports Second Quarter 2014 Operational and Financial Results Rex Energy Reports Second Quarter 2014 Operational and Financial Results Record quarterly production of 128.8 MMcfe/d, represents a 50% year-over-year increase Average daily production from oil and NGLs

More information

4 th Quarter 2011 Earnings Results

4 th Quarter 2011 Earnings Results 4 th Quarter 2011 Earnings Results Fran Shammo Chief Financial Officer January 24, 2012 Safe Harbor Statement NOTE: This presentation contains statements about expected future events and financial results

More information

Weyerhaeuser Company

Weyerhaeuser Company Weyerhaeuser Investor Conference Company Weyerhaeuser Company New York, NY February 2010 Morgan Stanley Global Basic Materials Conference New York City February 2010 Forward Looking Statement This presentation

More information

SWIFT ENERGY ANNOUNCES FIRST QUARTER 2015 RESULTS

SWIFT ENERGY ANNOUNCES FIRST QUARTER 2015 RESULTS 17001 NORTHCHASE DR., SUITE 100, HOUSTON, TEXAS 77060 SWIFT ENERGY COMPANY COMPANY CONTACT: Doug Atkinson Manager Investor Relations (281) 874-2700, (800) 777-2412 FOR IMMEDIATE RELEASE SWIFT ENERGY ANNOUNCES

More information

SECOND QUARTER 2014 EARNINGS CONFERENCE CALL SPEAKER NOTES. Tuesday, August 12, 8:00 a.m. Central Time

SECOND QUARTER 2014 EARNINGS CONFERENCE CALL SPEAKER NOTES. Tuesday, August 12, 8:00 a.m. Central Time SECOND QUARTER 2014 EARNINGS CONFERENCE CALL SPEAKER NOTES Tuesday, August 12, 8:00 a.m. Central Time Randy Palmer (Director of Investor Relations) Thank you, Operator. Good morning and thank you for joining

More information

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported):

More information

Operational, Reserves and Guidance Update

Operational, Reserves and Guidance Update Operational, Reserves and Guidance Update NASDAQ: MRD Jay C. Graham CEO February 2016 Andrew J. Cozby SVP and CFO Forward-Looking Statements This presentation includes "forward-looking statements" within

More information

DOLLARAMA REPORTS STRONG SALES AND NET EARNINGS INCREASES TO CLOSE FISCAL YEAR 2011

DOLLARAMA REPORTS STRONG SALES AND NET EARNINGS INCREASES TO CLOSE FISCAL YEAR 2011 For immediate distribution DOLLARAMA REPORTS STRONG SALES AND NET EARNINGS INCREASES TO CLOSE FISCAL YEAR 2011 MONTREAL, Quebec, April 7, 2011 Dollarama Inc. (TSX: DOL) ( Dollarama or the Corporation )

More information

Subject Company: LRR Energy, L.P. Commission File No. 001-35344

Subject Company: LRR Energy, L.P. Commission File No. 001-35344 Filed by Vanguard Natural Resources, LLC Commission File No. 001-33756 Pursuant to Rule 425 Under the Securities Act of 1933 And Deemed Filed Pursuant to Rule 14a-12 Under the Securities Exchange Act of

More information

Range Resources Announces Merger With Memorial Resource Development. Conference Call Slides

Range Resources Announces Merger With Memorial Resource Development. Conference Call Slides Range Resources Announces Merger With Memorial Resource Development Conference Call Slides December May 16, 2016 22, 2011 1 Highlights of Merger Core acreage positions in two of the most prolific highquality

More information

Letter to Shareholders

Letter to Shareholders Letter to Shareholders Today we announced a number of shareholder initiatives which, while not directly related to the creation of intrinsic value, are intended to ensure the value of our business trades

More information

Second Quarter 2015 Earnings Conference Call

Second Quarter 2015 Earnings Conference Call Second Quarter 2015 Earnings Conference Call NYSE: CVA JULY 22, 2015 Cautionary Statements All information included in this earnings presentation is based on continuing operations, unless otherwise noted.

More information

RMP Energy Provides First Half 2016 Capital Budget and Highlights New Strategic Acreage Positions

RMP Energy Provides First Half 2016 Capital Budget and Highlights New Strategic Acreage Positions NEWS RELEASE December 17, 2015 RMP Energy Provides First Half 2016 Capital Budget and Highlights New Strategic Acreage Positions Calgary, Alberta RMP Energy Inc. ( RMP or the Company ) (TSX: RMP) is pleased

More information

NIKO REPORTS RESULTS FOR THE QUARTER ENDED DECEMBER 31, 2014

NIKO REPORTS RESULTS FOR THE QUARTER ENDED DECEMBER 31, 2014 Q3 RESULTS FOR THE QUARTER ENDED DECEMBER 31, 2014 NIKO REPORTS RESULTS FOR THE QUARTER ENDED DECEMBER 31, 2014 Niko Resources Ltd. ( Niko or the Company ) is pleased to report its operating and financial

More information

Operational data First quarter Full year 2010 2009 Change 2009

Operational data First quarter Full year 2010 2009 Change 2009 Press release 5 May 2010 Stronger results in volatile markets Operating and Financial Review Statoil's first quarter 2010 net operating income was NOK 39.6 billion, an 11% increase compared to NOK 35.5

More information

Casper Wind Power Project Using Our Land Wisely

Casper Wind Power Project Using Our Land Wisely Casper Wind Power Project Using Our Land Wisely Chevron Global Power Company The solutions are not either/or. It s not a choice between more drilling or more efficiency. It s not a choice between coal

More information

CRESCENT POINT ENERGY ANNOUNCES $1.45 BILLION CAPITAL EXPENDITURES BUDGET FOR 2015

CRESCENT POINT ENERGY ANNOUNCES $1.45 BILLION CAPITAL EXPENDITURES BUDGET FOR 2015 PRESS RELEASE CRESCENT POINT ENERGY ANNOUNCES $1.45 BILLION CAPITAL EXPENDITURES BUDGET FOR 2015 January 6, 2015 CALGARY, ALBERTA. Crescent Point Energy Corp. ( Crescent Point or the Company ) (TSX and

More information

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D. Under the Securities Exchange Act of 1934. LRR Energy, L.P.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D. Under the Securities Exchange Act of 1934. LRR Energy, L.P. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 LRR Energy, L.P. (Name of Issuer) Common Units Representing Limited Partner

More information

EQUITY OFFICE ANNOUNCES FIRST QUARTER 2004 RESULTS

EQUITY OFFICE ANNOUNCES FIRST QUARTER 2004 RESULTS Two North Riverside Plaza, Suite 2100 Chicago, Illinois 60606 phone 312.466.3300 fax 312.454.0332 www.equityoffice.com Equity Office (Investors/Analysts): Diane Morefield 312.466.3286 Equity Office (Media):

More information

Raymond James Global Airline and Transportation Conference

Raymond James Global Airline and Transportation Conference Raymond James Global Airline and Transportation Conference United Continental Holdings, Inc. November 6, 2014 Jim Compton Vice Chairman and Chief Revenue Officer Safe Harbor Statement Certain statements

More information

Charting Your Course for Midstream Solutions. Bernie Thomas. Co-Founder and Vice President, Commercial

Charting Your Course for Midstream Solutions. Bernie Thomas. Co-Founder and Vice President, Commercial Charting Your Course for Midstream Solutions Bernie Thomas Co-Founder and Vice President, Commercial Permian Congress Houston, Texas July 29 & 30, 2015 AGENDA Who is Navigator? Why the Permian Basin? Where

More information

PETROMINERALES ANNOUNCES ANOTHER RECORD QUARTER, PRODUCTION INCREASES AND NEW CORCEL DISCOVERY

PETROMINERALES ANNOUNCES ANOTHER RECORD QUARTER, PRODUCTION INCREASES AND NEW CORCEL DISCOVERY NEWS RELEASE PETROMINERALES ANNOUNCES ANOTHER RECORD QUARTER, PRODUCTION INCREASES AND NEW CORCEL DISCOVERY Bogotá, Colombia November 6, 2008 Petrominerales Ltd. ( Petrominerales or the Company ) (TSX:

More information

BlackBerry Reports 2015 Fiscal First Quarter GAAP Profitability

BlackBerry Reports 2015 Fiscal First Quarter GAAP Profitability NEWS RELEASE FOR IMMEDIATE RELEASE June 19, BlackBerry Reports 2015 Fiscal First Quarter GAAP Profitability Waterloo, ON BlackBerry Limited (NASDAQ: BBRY; TSX: BB), a global leader in mobile communications,

More information

FOR IMMEDIATE RELEASE

FOR IMMEDIATE RELEASE FOR IMMEDIATE RELEASE January 21, 2014 Toll Brothers Frederick N. Cooper, IR/Financial Media fcooper@tollbrothersinc.com (215) 938-8312 Christine Sciarrotta, General Media csciarrotta@tollbrothersinc.com

More information

Denbury Resources Inc. BUY Price Target: $9.82 Key Statistics as of 4/27/2015. Thesis Points: Company Description: NYSE:DNR

Denbury Resources Inc. BUY Price Target: $9.82 Key Statistics as of 4/27/2015. Thesis Points: Company Description: NYSE:DNR Denbury Resources Inc. NYSE:DNR Analyst: Sector: Ryan Ahlers Energy BUY Price Target: $9.82 Key Statistics as of 4/27/2015 Market Price: Industry: Market Cap: 52-Week Range: Beta: $8.10 Oil and Gas E&P

More information

1Q16 Conference Call. April 28, 2016

1Q16 Conference Call. April 28, 2016 1Q16 Conference Call April 28, 2016 Cautionary Statement The following presentation includes forward-looking statements. These statements relate to future events, such as anticipated revenues, earnings,

More information

Apptix Sells Public Cloud Business Funds MSP Growth Strategy

Apptix Sells Public Cloud Business Funds MSP Growth Strategy Apptix Sells Public Cloud Business Funds MSP Growth Strategy Herndon, VA and Oslo, Norway September 9, 2015 Apptix (OSE: APP), the premier provider of managed and hosted solutions, today announced it sold

More information

How To Profit From Oil And Gas

How To Profit From Oil And Gas 2 nd Quarter 2015 Torgrim Reitan, CFO Second quarter 2015 Encouraging results in current market environment Efficiency improvements coming through Solid operational performance Strong cash flow and reduced

More information

Q1 2014 RESULTS CONFERENCE CALL MAY 7, 2014

Q1 2014 RESULTS CONFERENCE CALL MAY 7, 2014 Q1 2014 RESULTS CONFERENCE CALL MAY 7, 2014 CAUTIONARY STATEMENT This presentation may include certain statements that may be deemed to be forward-looking statements within the meaning of the U.S. Private

More information

Forward-Looking Statements

Forward-Looking Statements January 2016 Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities

More information

Forward-Looking Statements

Forward-Looking Statements November 2015 Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities

More information

Talisman Energy Inc. Transcript from the Q1 Results Analyst Call May 1, 2013

Talisman Energy Inc. Transcript from the Q1 Results Analyst Call May 1, 2013 Talisman Energy Inc. Transcript from the Q1 Results Analyst Call May 1, 2013 Please refer to Talisman s advisories in the May 1, 2013 news release re: forward-looking statements and non-gaap measures.

More information

Westmoreland Reports First Quarter 2016 Results and Affirms Full-year Guidance

Westmoreland Reports First Quarter 2016 Results and Affirms Full-year Guidance News Release Westmoreland Reports First Quarter 2016 Results and Affirms Full-year Guidance Englewood, CO May 10, 2016 - Westmoreland Coal Company (NasdaqGM:WLB) today reported financial results for the

More information

CONE Midstream Partners LP. 1Q 2016 Earnings May 5, 2016

CONE Midstream Partners LP. 1Q 2016 Earnings May 5, 2016 CONE Midstream Partners LP 1Q 2016 Earnings May 5, 2016 Disclaimer Forward Looking Statements This presentation contains forward-looking statements within the meaning of the federal securities laws. Statements

More information

Enbridge Energy Partners, L.P. Benefits From Equity Restructuring

Enbridge Energy Partners, L.P. Benefits From Equity Restructuring NEWS RELEASE Enbridge Energy Partners, L.P. Benefits From Equity Restructuring Houston; Calgary, Alberta (June 18, 2014) Enbridge Energy Partners, L.P. (NYSE: EEP) (the Partnership ) and Enbridge Inc.

More information

Financial strategy supports business plan

Financial strategy supports business plan Financial strategy supports business plan Ivor Ruste Executive Vice-President & Chief Financial Officer Investor Day Calgary December 7, 2011 Financial strategy supports business plan Support long-term

More information

Strong Foundation. b BONTERRA ENERGY CORP. 2014 ANNUAL REPORT

Strong Foundation. b BONTERRA ENERGY CORP. 2014 ANNUAL REPORT Strong Foundation b BONTERRA ENERGY CORP. ANNUAL REPORT Strong Foundation Bonterra Energy Corp. is a high-yield, dividend paying oil and gas company headquartered in Calgary, Alberta, Canada with a proven

More information

EPSILON REPORTS THIRD QUARTER 2015 RESULTS

EPSILON REPORTS THIRD QUARTER 2015 RESULTS News Release EPSILON REPORTS THIRD QUARTER 2015 RESULTS Houston, Texas October 28, 2015 Epsilon Energy Ltd. ( Epsilon or the Company ) (TSX:EPS) today reported third quarter 2015 financial and operating

More information

Third Quarter 2015 Swift Energy Company November 5, 2015

Third Quarter 2015 Swift Energy Company November 5, 2015 Third Quarter 2015 Swift Energy Company November 5, 2015 Forward Looking Statements The material included herein which is not historical fact constitutes forward-looking statements within the meaning of

More information

ACADIAN TIMBER CORP. REPORTS FOURTH QUARTER AND YEAR-END RESULTS

ACADIAN TIMBER CORP. REPORTS FOURTH QUARTER AND YEAR-END RESULTS News Release Investors, analysts and other interested parties can access Acadian Timber Corp. s 2015 Fourth Quarter Results conference call via webcast on Thursday, February 11, 2016 at 1:00 p.m. ET at

More information

Canacol Energy Ltd. Reports Record Adjusted Funds from Operations of US $37 Million in Fiscal Q1 2015

Canacol Energy Ltd. Reports Record Adjusted Funds from Operations of US $37 Million in Fiscal Q1 2015 Canacol Energy Ltd. Reports Record Adjusted Funds from Operations of US $37 Million in Fiscal Q1 2015 CALGARY, ALBERTA (November 12, 2014) Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE;

More information

BONTERRA ENERGY CORP.

BONTERRA ENERGY CORP. BONTERRA ENERGY CORP. JULY 2014 YIELD GROWTH SUSTAINABILITY FORWARD LOOKING INFORMATION Certain statements contained in this Presentation include statements which contain words such as anticipate, could,

More information

FOOT LOCKER, INC. REPORTS THIRD QUARTER RESULTS

FOOT LOCKER, INC. REPORTS THIRD QUARTER RESULTS N E W S R E L E A S E FOOT LOCKER, INC. REPORTS THIRD QUARTER RESULTS Contact: Peter D. Brown Senior Vice President, Chief Information Officer and Investor Relations Foot Locker, Inc. (22) 720-4254 Third

More information

Gran Tierra Energy Inc. Announces 2015 Year-End Reserves and Combined Pro Forma Reserves and Resources

Gran Tierra Energy Inc. Announces 2015 Year-End Reserves and Combined Pro Forma Reserves and Resources Gran Tierra Energy Inc. Announces 2015 Year-End Reserves and Combined Pro Forma Reserves and Resources CALGARY, Alberta January 21, 2016 Gran Tierra Energy Inc. ( Gran Tierra or the "Company") (NYSE MKT:

More information

Management s Discussion & Analysis Period Ended March 31, 2004 as compared to March 31, 2003

Management s Discussion & Analysis Period Ended March 31, 2004 as compared to March 31, 2003 SUITE 700, 505 THIRD STREET S.W., CALGARY, ALBERTA T2P 3E6 FACSIMILE (403)264-7189 TELEPHONE (403)693-1700 Management s Discussion & Analysis March 31, 2004 as compared to March 31, 2003 This Management

More information

Oceaneering Reports First Quarter 2016 Results

Oceaneering Reports First Quarter 2016 Results PRESS RELEASE Oceaneering Reports First Quarter 2016 Results April 25, 2016 Houston, Texas Oceaneering International, Inc. ( Oceaneering or the Company ) (NYSE:OII) today reported net income of $25.1 million,

More information