Yuma Energy Inc · OTC:YUMAQ
Yuma Energy — Investor Presentation (October 2014)
31 slides from Yuma Energy's investor presentation, Oct 14, 2014
Slide 1: Masters Creek Austin Chalk Well
{Gover phto:MastelsCreek Austin Chalk ell
Slide 2: Disclaimer and Important Information
Disclaimer and Important Information Forward-Looking Statements This presentation contains forward-looking information regarding YumaE nergy, Inc. that is intended to be covered by the safe harbor for “forward-looking statements” provided by the Private Securities Litigation Reform Act of 1995. Forw
Slide 3: Executive Summary
Executive Summary TrackRecord Properties Financials Appendix A. AdditionalProperty Details B. Supplemental Data / Contact Information Section
Slide 4: 1. Executive Summary
1. Executive Summary
Slide 5: Executive Summary
Executive Summary ‘Yuma Energy, Inc., who recently completed a merger of Yuma Energy and Pyramid Oil, is a US-based oil and gas company focusing on exploration and development of conventional and unconventional oil and gas properties, primarily through the use of 3-D seismic surveys, in the US Gulf
Slide 6: Investment Highlights
Investment Highlights ~ Unconventional oil resource plays — substantial operating position in the Louisiana Austin Chalk, ~76,1780 net acres with (69 operated and 14non-operated development locations and ~9650 net acres in the Bakken with 140 development locations ~ Onshore liquids-rich conventional
Slide 7: Company Overview
Company Overview 0 = aso $40 $350 000 xy $250 a0 0 fico 0 » ‘Yuma Pro Foma (1) seo aun 0 7 a0 nse ase v0 com sso oor 10 ws 00 a 452 —— . Fae aa Pe Foam mans TPs Foam {Yona Fro oma for tnmgershFyanids fDeomba di 2013 © BudwontieengetypreneforieandFpamfordedvemntsenede, 218 V7
Slide 8: Track Record of Finding and Developing Successful Prospects
Track Record of Finding and Developing Successful Prospects > From 1983 Through 2014 Yuma Has: = Gunerated 25 total prospects — 222oF those historical prospects were promotedto induetiy partnem and dalled (. on a carsied basi). = Achieved a 78% explocaion diling success cate (43 dacovesie on 35 pros
Slide 9: Experienced management team in place
Experienced management team in place Founder and msjostysunee of Yoms Eaagy, Ine. —37 yeas oF expense inthe ol and gs indy ‘Poeviomlybal positon ns Asstt toPatdet of Toaiaon Inmet, a piv indepeneat oland gs commpaay Joined Yuma in October 2014 —over 30 yes of expeince ia the oland pu indy ‘Pevionly
Slide 10: Extensive experience working together
Extensive experience working together 2014 2015 2012 2011 2010 2009 2005 2007 2006 2005 2004 2005 2002 2001 2000 1999 1995 1997 1996 1995 1996 UPCopmen Det Taldon om 2 VW
Slide 11: Independent Board of Directors with significant experience
Independent Board of Directors with significant es See management nam, Bega his camera 3 geligisin 1977 Joe escola nes i 2005, ween he ed Petclao’s explotation pogeam fom 2005 to 2007 pix to serving 2 the com a/s Pesidnt and COO fiom 2007 to 2011 “AgteBHD Bliton squundetzohash in 2011, he one appoin
Slide 12: 2. Property Overview
2. Property Overview VW
Slide 13: Diversified Portfolio of Oil and Gas Assets
Diversified Portfolio of Oil and Gas Assets > Broad liquids-rich portfolio of development assets with proved reserves, with a focus on onshore Louisiana > Interestin the Bakken / Three Forks unconventional resource play in North Dakota > Interestin oil assets in Kern and SantaBarbara Counties, Calif
Slide 14: La Posada — Vermilion Parish, Louisiana
La Posada — Vermilion Parish, Louisiana High impact deep producing asset Asset overview Discovery map cod e135 = 125% + a it BATH FID on : Sean ees cane fa) \ Rare = PetroQuest (efers to the prospect as “La Cantera”) — 8,590 gross acres (429 net acres) — 40 square miles = Lower Cris R at 17,7008 to
Slide 15: Masters Creek Austin Chalk
Masters Creek Austin Chalk ‘Top tier US. unconventional liquids-rich play (proved reserves — 83% liquids) Asset overview = ~BA% to 69%O — Yuma = Swift Energy and Indigo Minerals (non-operated acceage) = 106,540 gross (76,178 net to Yuma) — Austin Chalk: Ea — ~US$11m /well (gross) — 69 operated PUD l
Slide 16: 3. Financial Overview
3. Financial Overview
Slide 17: Combined Company Financials
Combined Company Financials Unaudited Pro Forma Condensed Combined Financial Statements Content Aevete ‘Net Oil and Gas Properties Other Assets Total Assets (Custent Liabilities Long Tesm Debt (Other Noncuerent Liabilities Preforsed Stock Total Equity “Total Liabilities &«Eaquty Rovenute Expenses Ti
Slide 18: Active Hedge Management
Active Hedge Management Current Hedging Positions ®) OilHedges October 2014 through 2016 ‘Volume Short | Reverse Basis Hedged Ftoor_| Ceiting | Swaps | Puts | Swaps [2014 NYMEX WT1| 1400 | s91.00 | $103.70 369.34 NYMEX wrt! 43,375, 995.46 Argus 1S 10,453 399.40 NYMEX wrt| 13,500 $8934 | $70.00 NYMEX
Slide 19: Summary
Summary * High Quality Assets in Attractive Resource Plays * Substantial Existing Production and Identified Liquids-Rich Reserves + Experienced Management Team and Board * Successful Track Record 18
Slide 20: Appendix A: Additional Property Details
Appendix A: Additional Property Details VW
Slide 21: California — Primary Assets in Kern and Santa Barbara Counties
California — Primary Assets in Kern and Santa Barbara Counties Operated — US. conventional oil play Asset overview California Leasehold map 100% Yume 1,403 net acres Pliocene, Miocene, Oligocene & Eocene age Under Evaluation Currently conducting an intemal review of allof our California properties t
Slide 22: Livingston — St. Helena and Livingston Parishes, Louisiana
Livingston — St. Helena and Livingston Parishes, Louisiana Oil project —3-D delineated -Asset Overview. = ~33% = Yuma — 8,489 gross acres (2,784net acces) = 138 square miles = Tuscaloosa sand (Gil) at 15,0008 = Wileox sand (cil) at 10,000 ft ~US$5im /well (gross) for Tuscaloosa ~US$2,5m /well (oss)
Slide 23: Amazon — Jefferson Davis and Calcasieu Parishes, Louisiana
Amazon — Jefferson Davis and Calcasieu Parishes, Louisiana Yuma delineated 3-D oil project Asset overview Prospect map = ~36% = Yuma — 3,035 gross acres (1,105 net acres) — 70 square miles — the Lower and Middle Frio { > (Hackberry) and Upper Frio (Margtex, Cib haz and Camerina) &@ formations, which
Slide 24: Legacy producing assets
Legacy producing assets Lake Fortuna field (Raccoon Island), Chacahoula field and Chandeleur Block 71 Asset overview Key leasehold maps Lake Fortuna field A Working interest: 91% Net eovenue interest: 64.7% =295 grove acute (269 net actos) Working interest: 23.8-36.2% Net sevenve interest: 16.6-25:6
Slide 25: Bakken / Three Forks Project — McKenzie County, North Dakota
Bakken / Three Forks Project — McKenzie County, North Dakota Non-operated — US. unconventional play Asset overview Leasehold map ~5% Zavanna, LLC and Emerald Oil 18,513 gross acres (065 net acres) Bakken / Three Forks ~US$10m /well (e058) Approximately 140 remaining diling locations Significant futu
Slide 26: Appendix B: Supplemental Data / Contact Information
VW Appendix B: Supplemental Data / Contact Information
Slide 27: Adjusted EBITDA Calculations
Adjusted EBITDA Calculations Reconciliation to Unaudited Company Financials lyumaE ne De $000 Fiscal Year Net Income (33,050.1) Add: DD&A 12,077.4 Add: InterestExpense, net 560.3 Add: Income tax expense 3,080.3 EBITDA (17,332.1) Add: Costs related to public listing 271 Add: Change in value of prefer
Slide 28: Reserve Summary
Reserve Summary Pro Forma Combined Ent NetOu__NetGas__NetNGL Toul pv.to = Mite Ma ‘Mois Moe rs ey PDP 1,537 6,142 285-2846 987 a EDN 320 419 8425 274 FUD 10,008 230563275 16,958 3291 Proved 12964 35586276792 {Fase eporsmorrjeliws SEC prongs of Decanbe 1 208 Pyamutneiare wera ed MBA and Vita sates we
Slide 29: Standardized Measure
Standardized Measure Direct interest in oil and gas reserve: 6 ix miltons) Present value of estimated future net revenues PV-10) $445.2 Future income taxes at 10% 109.8) Standardized measure of discounted future net cash flows $335.4 () Paasent Vala Discounted at 10% C*PVIO") is « Nom-GAAP emesis th
Slide 30: Merger Overview
Merger Overview Strategic Combination W AA Yuma Energy, Inc. (QIYSE MKT: YUMA) Pyramid Oil Company Stocltholders own 93% Stockholders own 7% OF Combined Company Of Combined Company Pyramid Oil Company and Yuma Energy, Inc., a privately held entity, entered into a definitive merger agreement on Febru
Slide 31: Contact Information
Contact Information Chairman, President and Chief Executive Officer James J. Jacobs VP of Corporate and Business Development Corporate Headquarters 1177 West Loop South, Suite 1825 Houston, Texas 77027 (713) 968-7000 Website ‘www.yumaenergyinc.com 30