Yuma Energy Inc · OTC:YUMAQ
Yuma Energy — Investor Presentation (August 2015)
46 slides from Yuma Energy's investor presentation, Aug 13, 2015
Slide 1: Yuma Energy – Masters Creek Austin Chalk
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Slide 2: Disclaimer and Important Information
Disclaimer and Important Information Forward-Looking Statements ‘Thie presentation contains forward: information 1; uma Enegy, Inc, ha it itended w be covered by ihe sfe hbo for “frwan samen poviied by is Funai Socclen Langa Woke de of IDE Roteaad oking seceions es band ca Worms tear apes plans, obj
Slide 3: Section index
Section Executive Summary 4 Track Record ; Property Overview
Slide 4: 1. Executive Summary
YUMA ENERGY 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 and of oil and gas properties, primarily through the use of 3-D seismic surveys, in the US. Gulf Gen and California. 19.9 MMBOE $381.0 million 70% 75,000
Slide 6: Management Team
Management Team a i ~ Previously held to President of” P| of State, Robert Mosbacher = Joined’ 3 — Previously served as Region VP, Gulf Coast O: aigss Cos Apache Corporation ch asks Paul McKinney od thle a: Vice President = Joined Youn in 1996~39 yea of expesne in nmce = Perea esi acon Hise poste, 4
Slide 7: Independent Board of Directors with significant experience
Independent Board of Directors with significant experience Began his career 2. geologist ix 1977 joe Pet 7 200! 5 te 2007 ws Pesident and 20) Joined Peerobaw "COO from 200" to. — Aer BHP Bike Re Eape Ford Shae a matin ‘Sm Pun Brook Paster combinations In 1964, Ne Intec fee Ppa 95 re ‘ d Citfeoed Od
Slide 8: Diversified Portfolio of Oil and Gas Assets
Diversified Portfolio of Oil and Gas Assets > Broad liquids-ri i assets with ‘ith a focus on shore L > Interestin the Bakken / Three Forks unconventional resource play in North Dakota il assets in Ke 1d ita Barbara Ce ties, California Asset locations Hi ticercneatigatiaak wooo pty 69,470 net acres (
Slide 9: Reserve Summary
Yuma Energy, Inc. Reserve Summary Proved 1532 35,260 2,479 «19,888 $3810 > Based on December 31, 2014 Netherland Sewell SEC Report > SEC Prices as of December 31, 20141 > Di Pe beyond 1P > Proved reserves approximately 70”
Slide 10: 2. Track Record
YW uw YUMA ENERGY 2. Track Record
Slide 11: Track Record of Finding and Developing Successful Prospects
Track Record of Finding and Developing Successful Prospects > From 1983 Through 2014 Yuma Has: ~ Generated 225 tor proxpect — 222 of thore historical prospects were promoted to indury pares and > Demonstrates Yuma’s Ability to: — Find oil and gas anet inal jeer of the E&P Dosnes — Genecate prospects
Slide 12: Yuma Growth Strategy – Near-Term Growth
Yuma Growth Strategy Near - Term Growth >A ive Si ic As isition: $s} q — Primarily Focused on Gulf Coast Assets — Identify Cash Flow Positive Production with Additional Upside Opportunities * Conventional Properties ¢ Low Entry Cost Unconventional Properties > Drill Existing Inventory — Strong Econo
Slide 13: Yuma Growth Strategy – Long-Term Growth
Yuma Growth Strategy Long - Term Growth > 3D Driven Organic Growth Primarily Focused in Louisiana and Texas Gulf Coast - _. pea 3D Shoots — 3D Focused on Conventional Opportunities — Modern Seismic Acquisition and Ps Technol — Proven Track Record of Success > Low Entry Cost Unconventional Resource P
Slide 14: 3. Property Overview
YUMA ENERGY 3. Property Overview
Slide 15: Masters Creek - Austin Chalk
MASTERS CREEK - AUSTIN CHALK Vernon, Allen and Beauregard Parishes, Louisiana
Slide 16: Masters Creek - Austin Chalk
Masters Creek - Austin Chalk Top tier U.S. unconventional liquids-rich play Key Austin Chalk producing trends @ Austin Chatk Production ==" Yuma focus area > Signit i in th lf Coast ~ produced 18 billion BOE from Maverick County, Texas to Livingston Parish, Louisiana? — 80 MMBOE produced from greate
Slide 17: Masters Creek - Austin Chalk
Masters Creek - Austin Chalk Top tier U.S. unconventional liquids-rich play Louisiana Austin Chalk > Strong economics due to: — liquids-rich reservoirs; URs) of — LLS price indexing (i.e. premium to WTI); and ~ significant existing infrastructure Bs "Gas = Oil 3 & 8 First 12 months production P50 (M
Slide 18: Masters Creek - Austin Chalk Type Log
taatete Creek - Austin Chalk Type Log 340’ Gross helt jain ai | ial ees GaEEs i > Crosby L&R 8-1 GR-Ind Log > Well Production: 1.1 MMBO + 3.68 BCFG (1.6 MMBOE)"” > — Rock properties are generally consistent across the project area
Slide 19: Masters Creek - Reservoir Model
Masters Creek - Austin Chalk Reservoir Model ‘Average well spacing: 8,000 Average lateral length: 7,000" Depth:15,000' TVD ‘Area: 1,285 acres . Psp nets: 170’ TVT, 0.43 Sw, 6% ¢ 8,000" avg. well a 6% Recovery: 7.8 BCF + 1.8 MMBO. (4,000 Drainage % Width) > Best well EUR of 7.8 BCF +18 MMBO (.1 MMBOE
Slide 20: Masters Creek - Reservoir Model
Masters Creek - Austin Chalk Reservoir Model ‘Average well spacing: 8,000" Average lateral length: 7,000° Area: 1,285 acres Peo nets: 170’ TVT, 0.43 Sw, 6% ® eS 6% Recovery: 7.8BCF+1.8MMBO |_| 8,000" avg. well spaci oe a 1 > The P:pEUR of 340 MBO + 1.2 BCF (540 MBOE) per-well indicates much narrower
Slide 21: Masters Creek - Asset overview
Masters Creek - Austin Chalk ‘Top tier U.S. unconventional liquids-rich play Asset overview Yuma leasehold — greater Masters Creek area — ~54%oto 100%) ~ Yoma — Swift Enexpy and Indigo Minerals (non-operated acreage) — 99,721 gross (69,470netto Yuma) = Austin Chalk: — ~US$10.7n/well (ross) = 67 oper
Slide 22: Project Economics — Austin Chalk PUD
Masters Creek - Austin Chalk Project Economics — Austin Chalk PUD® > Assumptions = Gross Wells (operated) 67 — Working Interest: 54 - 100% — NRE 39-72% - PB: 1,100 BOPD, 4 MMCFPD = D&C Capital: $10.7 MM per well > Reserves (~Per Well) — Gross: 340 MBO, 1.2 BCF = Nev 245 MBO, 0.9 BCF WTI Oil Prices $
Slide 23: La Posada
LA POSADA Vermilion Parish, Louisiana «+ Field EUR = ~200BCFe (1P) Current Daily Production: 53.4 MMCFG + 1,063 BO
Slide 24: La Posada — Vermilion Parish, Louisiana
La Posada — Vermilion Parish, Louisiana High impact deep producing asset Asset overview Discovery map® 12.5% PetroQuest (refers to the prospect as “La Cantera”) 7,792 gross acres (974 net acres) 40 squate miles Lower Cris R at 17,700ft to 18,2508 ‘Significant oil and gas prospect the operator PetroQ
Slide 25: La Posada - A Significant Discovery
La Posada - A Significant Discovery In 2011, Louisiana was the 2 highest producer of natural gas in the United States ————— 72556 | 411,966 | YUMA ENERGY
Slide 26: La Posada — Vermilion Parish, Louisiana
La Posada — Vermilion Parish, Louisiana High impact deep producing asset Thibodeaux #1 Broussard #2 Broussard #3 4 Lower cis Rt i Se ~200 feet of potential pay Lower Cris R2, Lobe A < 1 curentProsucton . 35 5UNCED 751 BELO Lower Crs R2, Lobe 8 CCurrentProduction =TSHIMICFID & 23 BLD Lower Cis R2. Lo
Slide 27: Amazon
AMAZON Davis and Calcasieu Parishes, L
Slide 28: Amazon
Amazon Yuma delineated 3-D oil project Asset overview Discovery map ~49% Yona 2,270 gross acces (1,084 net acres To square miles the Lower and Middle Frio 13,000 feet ~US$6.0m/well (gross) Delineated 3-D project, Amazon 3-D locatedin a successful Hackberry / Frio trend Multiple 3-D AVO amplitude ‘pr
Slide 29: Amazon Prospect Map
Amazon Prospect Map® peucaycens 2upo = 32 ECrG el 1S1muBo = 81 8cro outline To square miles al Ci E48) ‘eumpo 47 acre [--
Slide 30: Amazon — Marg Tex & Hackberry Objectives
Amazon — Marg tex & Hackberry Objectives Structural Cross Section through Bon Air Field - Yuma Talbot 23-1 and Downdip Marg Tex/Hackberry Wells “Marg Tex2 Depth Structure Map ‘MT- “MT sand quality as expected or better + Hackberry Objective as +38 Net Pay in Amplitude Objective £ | +7 NetPay in Hack
Slide 31: Amazon Prospect Economics (Pre-Drill)
Amazon Prospect E ics— A da E: Je (Pre-Drill)® ype Ci —BOPD, MCFPD > Assumptions sla = Gross Wells: 1 = Working Interest: 38% BCP, 45% ACP — NRE 33% - PB: 450 BOPD, 4.5 MMCFPD = D&C Capital: $6.1 MM — Future Capital: $03 MM > Reserves = Gross: 408 MBO, 10 BCF = Ne: 135 MBO, 3.3 BCF 1 1 24 36 48 oN e
Slide 32: Livingston
LIVINGSTON St. Helena and Livingston Parishes, Louisiana
Slide 33: Livingston
Livingston Oil project — 3-D delineated ~33% ‘Yoma 3,023 gross acres (977 net acres) 138 square miles ‘Tuscaloosa sand (oil) at 15,000 ft ‘Wilcox sand (oil) at 10,000 ft ~US$5m/well (g10ss) for Tuscaloosa ~US§2.5m/ell (goss) for Wileos Four wells ace from the Lower ee an bar ef tee ‘new prospects wi
Slide 34: Regional Depth Structure Map
Regional Depth Structure Map Livi ‘Top Lower Tuscal d Proprietary 3D Project 1 sou —— ————— YUMA ENERGY
Slide 35: Livingston Prospect Economics - Glacier Example
Livingston Prospect Economics - Glacier Example > Assumptions Gross Wells: 4 — Working Interest: 33% — NRE 25% - BP: 200 BOPD per well — D&C Capital: $5.0 MM per well > Per Well Reserves — Gross: 575 MBO — Net: 145 MBO WIIOiPrices — $60/BO~— $70/BO. Payout 2.1 Yes 1.9 Yes ROL 45x 53x ROR: 60% 74% PV
Slide 36: California — Primary Assets in Kern and Santa Barbara Counties
California — Primary Assets in Kern and Santa Barbara Counties Operated — U.S. conventional oil play Asset Overview California Leasehold Map nan = 100% ANT Pa = 1,400net acres — Pliocene, Miocene, Oligocene & Eocene age uel ae — Conducted an intemal review of allof ovr California properties to ascer
Slide 37: California Project Economics — Monterrey Shale
California Project Economics — Monterrey Shale > Assumptions Gross Wells: — Working Interest: — NRE - BP: — D&C Capital: > Per Well Reserves — Gross: — Net ‘Type Curve- BOPD 6 100 100% 88% 75 BOPD per well $1.5 MM per well 5 10 + 164 MBO 144 MBO 1 1 24 36 48 60 72 84 96 108 120 fonths 1.7 Yas 48x 97
Slide 38: Tremont/Choudrant Fields
TREMONT/CHOUDRANT FIELDS Lincoln Parish, Louisiana
Slide 39: Tremont/Choudrant Fields
Tremont/Choudrant Fields Extension of Terryville Field L. Cotton Valley (LCV) Horizontal Development A VILLE, NORTH
Slide 40: Tremont/Choudrant Fields (Lincoln Ph., LA)
Tremont/Choudrant Fields (Lincoln Ph., LA) Extension of Terryville Field L. Cotton Valley (LCV) Horizontal Development
Slide 41: Legacy producing assets
Legacy producing assets la field and Chandeleur Block 71 Lake Fortuna field (Raccoon Island), Cl Asset overvit Key leasehold maps ‘Lake Fortuna Field (Raccoon Island) Working interest: 23.8-36.2%% Net revenue interest: 16,6-25.6% era Net revenue interest: 22.2% — = 1,34 gross acres (444 net acres)
Slide 42: Bakken / Three Forks Project - McKenzie County, North Dakota
Bakken / Three Forks Project - McKenzie County, North Dakota N d—-U.S. ional play Asset overview Leasehold map ~ Zavanna, LLC and Emerald Oi1 = 18,353 gross acces (674 net acres) i — Bakken /Three Forks SB ia pv ~ ~U3$10m/wel (gross) = Approximately 140 remaining dling Jocations i ~ Sigiican fotue i
Slide 43: Summary
YUMA ENERGY, Summary > High Quality Assets in Attractive Plays > Sut ial Existing Production and Identified Liquids-Rich Reserves >» Experienced Management Team and Board > Successful Track Record LLL .
Slide 44: Appendix A: Contact Information and Standardized Measure
YUMA ENERGY Appendix A: Contact Information and Standardized Measure .* -- «
Slide 45: Contact Information
Contact Information VY 1ergy, In Yum Sam L. Banks Chairman, President and Chief Executive Officer James J. Jacobs VP of Coxporate and Business Development Corporate Headquarters 1177 West Loop South, Suite 1825 Houston, Texas 77027 (713) 968-7000 Website wwwyumaenergyinccom
Slide 46: Standardized Measure
Standardized Measure ‘The following table provides iat ies to th ized Mi 6 in miltions) Present value of estimated future net revenues (PV-10)” $381.1 Future income taxes at 10% (86.6) Standardized measure of discounted future net cash flows $294.5 (0) Peat Vale Disoucted at 10% (PVI0" in ” acy Hoan