Yuma Energy Inc · OTC:YUMAQ
Yuma Energy — Investor Presentation (September 2014)
30 slides from Yuma Energy's investor presentation, Sep 17, 2014
Slide 1: Strategic Combination
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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. Forwa
Slide 3: Table of Contents
Table of Contents Introduction Management, Board and Track Record Appendix I: Key Assets Appendix I: Financial Summary Section W
Slide 4: 1. Introduction
1. Introduction A
Slide 5: Transaction Overview
Transaction Overview Strategic Combination VY Yuma Energy, Inc. (NYSE MKT: YUMA) 20,778 Mboe 69% Liquids 19% Proved Developed A\ Pyramid Oil Company 452 Mboe 99% Liquids 100% Proved Developed agreement on February 6, 2014. Pyramid Oil Company and Yuma Energy, Inc., a privately held entity, entered i
Slide 6: Strategic Rationale
Strategic Rationale riented company with upside for stockholders * Significant production and cash flows YW * Conventional 3-D and Unconventional (Louisiana Austin Chalk, and Bakken) upside + Simple capitalization structure and liquidity * Stable oil production A\ + Oil-weighted reserves * Strategic
Slide 7: Organizational Structure
Organizational Structure Pyramid Oil Company Stockholders Yuma Energy, Inc. 100% wholly owned Subsidiaey 100% wholly owned Subsidiary Pyramid Oil LLC The Yuma Companies, Inc.
Slide 8: Combined Company Overview
Combined Company Overview $400 $350 cal a — $250 $200 $150 @ cuproducion ‘0 © Cuma ge proaci $50 —s 0 “Same ‘Yuma Bro Forma (1) Production (Boe/d) ® Proved Reserves | Proved Reserves(Mboe)® | | Proved Reserves(Mboe)® | 3,000 747 25000 278 x as 2500 20900 2,000 15,000 2,289% 4.598% 100 <D 10.000 1,00
Slide 9: 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 10: 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 11: Pro Forma Reserve Summary
Pro Forma Reserve Summary Reserve Report Summary ® Combined Entit NetOit __NetGas__NetNGL Tot py-10 s Mg Mbble_ Mine SMM = ie 6142 2852846 88.7 Wy) PDNP 4189 2081425 24 PUD 28056 2,275 ‘16.958 329.1 Proved 38386 2,767 24209 § «445.2 1P Total by Reserve Category & Commodity Weighting PDP PDNP és (H R
Slide 12: Go-Forward Strategy
Go-Forward Strategy Asset and Property Strategy > Optimize our Existing Properties — Implement operational improvements and efficiencies on our existing properties > Enhance Production and Cash Flow — Continue to generate high-impact 3-D drilling opportunities — Execute multi-year development drilli
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 =e rere Eee eet a ee ee eee Lee MM — GccstedwithaBA fron Tolae Univenityin New Odears, Lovsansia 172 Sam Banks — Joined Yuma in 2002-41 year of experiencein the oiland gas industey Michael Conlon ~ Geaduated feo
Slide 15: Board of Directors with significant experience
Board of Directors with significant experience SamL. Banks [iW ae CEO & Chairman illic Began bis caceee ata geologist in 1977 Pere )) —Jovsed Peseokatck Energrin 2003, whereke led Petrohawk’s exploaton program feom 2005 to 2007 pei to serving asthe company’s President 2nd COO ftom 2007 t0 2011 Stone
Slide 16: Extensive experience working together
Extensive experience working together 204 2013 202 2011 2010 2009 2008 ©2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 ‘Michael Conlon Priors COO ‘Meni Syed VP Planning & Eval TI. Lavoe VR Facilvier James Jacobs VP Coporate Dex Sheldon Cove VP Praducrion Board members 4 iA
Slide 17: 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 > Yuma designs, generates and owns 3-D seismic programs and data on many of its projects > By controllin
Slide 18: 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 prospects — 222 of those historical prospects were promoted to industey partners and dailled Ge. on a carsied basis) — Achieved a 78% exploration dsiling success sate (43 disco
Slide 19: Appendix I: Key Assets
Appendix I: Key Assets YW
Slide 20: La Posada — Vermilion Parish, Louisiana
La Posada — Vermilion Parish, Louisiana High impact deep producing asset Asset overview Discovery map Dseismic area Formation Comments 12.5% PetroQuest (refers to the prospect as “La Cantera”) 8,590 gross acres (429 net acres) 40 square miles Lower Cris R at 17,700ft to 18,2508 Significant oil and g
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 = ©54% to 69%! ee 54% to 69% interest - Yuma Operators — Swift Energy and Indigo Minerals (non-operated acrea
Slide 22: Pyramid — Primary Assets in Kern and Santa Barbara Counties, CA
Pyramid — Primary Assets in Kern and Santa Barbara Counties, CA Operated — U.S. conventional oil play Asset overview 5% to 100% Yuma California 1,403 net acres ‘Texas 713 net acres, ‘New York 13,870 net acres Pliocene, Miocene, Oligocene & Eocene age complete Under Evaluation capex / well — Currentl
Slide 23: Livingston — St. Helena and Livingston Parishes, Louisiana
Livingston — St. Helena and Livingston Parishes, Louisiana Oil project — 3-D delineated Asset Overview Working interest Overlaying 3-D seismic area Formation(s) Drill & complete capex / well Comments — €33% Yuma 8,489 gross acres (2,874 net acres) — 138 square miles — Tuscaloosa sand (oil) at 15,000
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% Operator — Yuma Acres — 3,035 gross acres (1,105 net acres) Overlaying 3-D lela — 70 square miles 5 area — the Lower and Middle Frio (Hackberry) and Upper Frio : (larg tex,
Slide 25: Legacy producing assets
Legacy producing assets Lake Fortuna field (Raccoon Island), Chacahoula field and Chandeleur Block 71 Asset overview Key leasehold maps Working interest & net revenue interest Working interest & net revenue interest Working interest & net revenue interest — Working interest: 91% — Net revenue intere
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 Working interest Ee - a - Forman) Drill & complete = capex / well Comments = 5% Zavanna, LLC and Emerald Oil 18,513 gross acres (965 net acres) Bakken / Three Forks ¢-US$
Slide 27: Appendix II: Financial Summary
Appendix II: Financial Summary YW
Slide 28: Combined Company Overview
Combined Company Overview Unaudited Pro Forma Condensed Combined Financial Statements — As of and for the three months ended March 31, 2014 Balance Sheet Income Statement GMM) GMM) Yoma Pramid Pro Fouma = Yuma Histosedl __Histoseal__ Adjustments _Peo Forma $21.73, $8.24 $- $29.97 88.73 201 916 99.90
Slide 29: Contact Information
Contact Information VY Yuma Energy, Inc. 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
Slide 30: Standardized Measure Reconciliation to Standardized Measure
Standardized Measure 0 Reconciliation to Standardized Measure Direct interest in oil and gas reserves: ( in millions) 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) Pessent Value Dis