Yuma Energy Inc · OTC:YUMAQ
Yuma Energy — Investor Presentation (October 2014)
30 slides from Yuma Energy's investor presentation, Oct 9, 2014
Slide 1: October 2014
| October 2014 fe z= ies "ayer photo: Maser creak Austinchak et
Slide 2: Disclaimer and Important Information
Disclaimer and Important Information Forward-Looking Statements ‘This presentation contains forward-looking information regarding Yuma Energy, Inc. thatis 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: Section
Section Introduction 1 Management, Board and Track Record 2 Appendix I: Key Assets 3 Appendix IT: Financial Summary 4
Slide 4: 1. Introduction
1. Introduction
Slide 5: Transaction Overview
Transaction Overview Strategic Combination ¥ A Yuma Energy, Inc. (NYSE MKT: YUMA) Pyramid Oil Company 20,778 Mooe 452 Mboe 70% Liquids 99% Tiquids nsaction Details Pyramid Oil Company and Yuma Energy, Inc., a privately held entity, entered into a definitive merger agreement on February 6, 2014. ‘The
Slide 6: Organizational Structure
Organizational Structure Pyramid Oil Company Stockholders M% 100% wholly owned Subsidy | 100% wholly owned Subsidiary Production
Slide 7: Combined Company Overview
Combined Company Overview Proved Reserves ($MM) ] $452 $90 | sao ~ . Sone ‘Yuma Pro Forma 1) Production (Boe/d) Proved Reserves (Mboe) SEEESEE © caproaion © oumagsproacton 400 2s aspoo -_ aco | _ awe | ss 1300 | sop 1900 | soo | ssw us = o{ sf rend “ans Pes Foams @) Fat “ins Pee Foams @) DAs ofDecom
Slide 8: Strategic Rationale
Strategic Rationale Creating a growth-oriented company with upside for stockholders + Significant production and cash flows Conventional3-D and Unconventional upside + Simple capitalization structure and liquidity a * Stable oil production mx + Oilaweighted reserves Strategic foothold in active Cali
Slide 9: 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 playin North Dakota > Interestin oil assets in Kern and Santa Barbara Counties, Calif
Slide 10: Investment Highlights of Combined Company
Investment Highlights of Combined Company > 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 Coast and California, — Unconventional oil resource plays — sub
Slide 11: Pro Forma Reserve Summary
Pro Forma Reserve Summary NetOil NetGas NetNGL Tout? — py.o ai MOM MMet MbWs Mie ny 5 4337 6142 2852846 887 | PDNP 520 4,189 2081425 214 PUD. 10,008 28.056 275 16.958 329.1 Proved 12,064 38386 2,767 2,229 «SAB. 1) Raver rep snranywtiwsS cps of Deca, 001 Pyranadesroa a eacuatedby MHA Few on iane, Yur
Slide 12: Go-Forward Strategy
Go-Forward Strategy > Enhance Production and Cash Flow — Continue to generate high-impact 3-D drilling opportunities —Execute multi-year development drilling program — Acquire liquids rich production with development potential — Pursue operated acquisitions in proximity to existing operated fields C
Slide 13: 2. Management, Board & Track Record
2. Management, Board & Track Record
Slide 14: Experienced management team on the ground
Experienced management team on the ground > The Yuma team has significant E&P experience Michael Conlon Kick Sprunger James Jacobs Momin Syed View President Planning & Sheldon Cote Prudent Production Gregory WSones Engincer & Operations Founded mjosiy owner of Yura Ensay, Ine. —37 yes of expesecein
Slide 15: Extensive experience working together
Extensive experience working together 2014 252012 2011 2010 2009 20052007 20062005 2004 2005-2002 2001 2000 1999 1995 1997 1996 1995 1998
Slide 16: In-house technical expertise developed over three decades
In-house technical expertise developed over three decades > Experienced team of in-house geologists, geo-physicists and drilling engineers with a long history of discovering oil and gas prospects > Using 3-D seismic surveys, Yuma’s conventional exploration focuses primarily on: 1) high impact projec
Slide 17: Yuma - Track Record of Finding and Developing Successful Prospects
Yuma - Track Record of Finding and Developing Successful Prospects > From 1983 Through 2014 Yuma Has = Generated 225 total pronpects — 222 of those historical prospects were ma Discoveries Since 1993 ra " ‘promoted to industsy partes and dled Ge on a cated bani). ~ Achieved a 78% explacation dalling
Slide 18: Independent Board of Directors with significant experience
Independent Board of Directors with significant experience “See management tema Began hs came 2 pologt in 1977 Jee Peteohak Been 2008, whee eld Petchasl’s exploration peop fies 2005 to 2007 peve tossing 2th company’s Peasident and COO feom 2007 2 201 Re eeaheen | ~AfecBHP Buiton 2 queedPeteokawk 201
Slide 19: Appendix I: Key Assets
Appendix I: Key Assets
Slide 20: La Posada — Vermilion Parish, Louisiana
La Posada — Vermilion Parish, Louisiana High impact deep producing asset Asset overview, Discovery map Working , one ou. -SSSeeeteers Patotal “La Cantera”) — 8,590 gross acres (429 net acres) = 40 square miles — Lower Cris R at 17,7008 to 18,250 — Significant oil and ges prospect discovered using Yu
Slide 21: Masters Creek Austin Chalk
Masters Creek Austin Chalk ‘Top tier U.S. unconventional liquids-rich play (proved reserves — 83% liquids) Asset overview Austin Chalk — Infill Analogs Greater Masters Creek Average effective ~5A%& to 69%! working interest Yuma Swift Energy and Indigo Minerals (non-operated acreage) 106,540 gross (7
Slide 22: 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% Operator Yuma 1,403 net acres Pliocene, Miocene, Oligocene & Eocene age Under Evaluation — Cunently conducting an intemal review of all of Pyramid’s prope
Slide 23: Livingston — St. Helena and Livingston Parishes, Louisiana
Livingston — St. Helena and Livingston Parishes, Louisiana Oil project —3-D delineated Asset Overview complete Comments = 8,489 gross acres (2,874 net acres) 198 square miles ‘Tuscaloosa sand (oil) at 15,000 ‘Wilcox sand (il) at 10,000 ft ‘¢ US$5m//well (ross) for Tuscaloosa US$2,5m /well (gross) fo
Slide 24: 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) onan > — the Lower and Middle Frio (Hackberry) and Upper Frio. (Marg tex, Cib haz and Camerina) formations, which are typically f
Slide 25: Legacy producing assets
Legacy producing assets Lake Fortuna field (Raccoon Island), Chacahoula field and Chandeleur Block 71 Asset overview. Key leasehold maps Chandelenr Working interest & net revenue interest Working interest & net revenue interest Working interest & net revenue interest = Working interest 91% = Net rev
Slide 26: Bakken / Three Forks Project - McKenzie County, North Dakota
Bakken / Three Forks Project - McKenzie County, North Dakota Non-operated — U.S. unconventional play Asset overview Leasehold map Wo , _ = Zavanna, LLC and Emerald Oil — 18,513 gross acres (965 net acres) — Bakken / Three Forks complete — US$10m/well (gross) — Approximately 140 remeining driling loc
Slide 27: Appendix II: Financial Summary
Appendix II: Financial Summary €
Slide 28: Combined Company Overview
Combined Company Overview Unaudited Pro Forma Condensed Combined Financial Statements —As of and for the six months ended June 30,2014 Balance Sheet Income Statement (su (shy Yura -Pyeamid Pro Fowma_—Yurne Histoseil___Histoved|_Adjustrments® _ Peo Formas Coamant Assets $1918, $729 $ 009) $2536 Net O
Slide 29: Contact Information
Contact Information VY Sam L. Banks Chairman 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 ‘wwwyumaenergyinc.com 28
Slide 30: Standardized Measure
Standardized Measure SEC PV-10 Reconciliation to Standardized Measure Direct interest in oil and gas reserves: in mittions) 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 (1)Pasent Valu