Par Pacific Holdings, Inc. Common Stock · NYSE:PARR
Par Pacific Holdings, Inc. Common Stock — Par Petroleum — Investor Presentation (March 2014)
20 slides from Par Pacific Holdings, Inc. Common Stock's investor presentation, Mar 14, 2014
Slide 1: Investor Background Materials March 2014
Investor Background MaterialsMarch 2014
Slide 2: Forward Looking Disclaimer
Forward Looking Disclaimer The information contained in this presentation has been prepared to assist you in making your own evaluation of the Company and does not purport to contain all of the information you may consider important in deciding whether to invest in shares of the Company's common sto
Slide 3: Table of Contents
Table of Contents Executive SummaryBusiness Unit OverviewHawaii Independent Energy LLCPiceance Energy LLCTexadian Energy LLC
Slide 4: Par Petroleum - Executive Summary
Par Petroleum - Executive Summary Diversified energy company with unique portfolio of upstream, downstream, logistics and tax assetsLargest fuel supplier to the State of Hawaii via operations of distillate weighted refinery configuration matching to island's demand profileControl energy infrastructu
Slide 5: Overview of Par Petroleum
Overview of Par Petroleum Par Petroleum(OTCQB: PARR) Piceance Energy Description of Assets40,165 net acres across Colorado's southern Piceance basin99% of acreage is held by productionApproximately 19% by volume is liquids (Natural Gas Liquids or Condensate)Substantially all of acreage is operated b
Slide 6: Par Petroleum - Key Statistics
Par Petroleum - Key Statistics Strong shareholder base including Zell Credit Opportunities Fund and Whitebox Advisors Shares outstanding include penny warrantsBalance sheet totals based on the 9/30/2013 results Key Statistics: Shareholder Base:
Slide 7: Par Petroleum - History
Par Petroleum - History December 2011: Delta Petroleum (NYSE: DPTR) files for Chapter 11 protection September 1, 2012: Delta Petroleum emerges from Chapter 11 successfully converting $265 million of unsecured debt into equity. Company is renamed Par Petroleum ("Par"). September 1, 2012: Par Petroleu
Slide 8: Hawaii Independent Energy LLC
Hawaii Independent Energy LLC
Slide 9: Overview of Hawaii Independent Energy
Overview of Hawaii Independent Energy (1) Refinery Integrated Logistics Retail 94,000 BPD capacity5.7x Nelson Complexity2.4 MMBbls crude oil & feedstock storage2.5 MMBbls refined product storage 5 refined product terminals with approximately 247,000 Bbls of working capacity11 pipelines with a total
Slide 10: Hawaii Market Characteristics
Hawaii Market Characteristics Source: Energy Information Association as of October 2013Source: Department of Business, Economic Development and Tourism Majority of power generation on islands generated by Fuel OilJet fuel demand is significant portion of product demand largely driven by tourism and
Slide 11: Piceance Energy LLC
Piceance Energy LLC Hawaii Independent Energy
Slide 12: Piceance Energy Overview
Piceance Energy Overview Concentrated acreage footprint in the historically prolific Piceance basinUnderlying geology characterized by consistent Williams Fork sand with deeper Mancos / Niobrara potentialOver 304 producing Williams Fork wellsAmong the lowest cost gas-weighted basins in the continent
Slide 13: Piceance Energy - Land Summary
Piceance Energy - Land Summary Acreage located in two counties and three principal areas surrounded by major operators WPX Energy, EnCana, and Occidental:Almost all operated acreage in topographically accessible areasAlmost all of the leasehold acreage is held by production / held by unit - no signi
Slide 14: Piceance Energy - North Land Position (Garfield)
Piceance Energy - North Land Position (Garfield) Piceance Energy - North Land Position (Garfield) EnCana WPX BLM - off limits Noble WPX EnCana EnCana WPX Noble WPX WPX WPX EnCana Colorado River Areas in yellow owned or leased by Piceance Energy
Slide 15: Piceance Energy - South Land Position (Mesa)
Piceance Energy - South Land Position (Mesa) EnCana Oxy 1 sq. mile Axia BLM - off limits BLM - off limits Oxy Oxy EnCana EnCana Areas in yellow owned or leased by Piceance Energy
Slide 16: Texadian Energy LLC
Texadian Energy LLC Hawaii Independent Energy
Slide 17: Texadian Energy - Overview
Texadian Energy - Overview Pipeline Positions Texadian acquired from SEACOR Holdings on December 31, 2012Primary assets consist of the following as of December 31, 2013:Historical pipeline positions on attractive lines moving Canadian barrels from north to south178 leased railcarsLeased tow and barg
Slide 18: Appendices
Appendices Hawaii Independent Energy
Slide 19: Par Petroleum Management Team
Par Petroleum Management Team Par Petroleum Management Team
Slide 20: Par Petroleum Management Team
Par Petroleum Management Team Par Petroleum Management Team