Yuma Energy Inc · OTC:YUMAQ
Yuma Energy — Investor Presentation (June 2015)
43 slides from Yuma Energy's investor presentation, Jun 18, 2015
Slide 1: Cover
ee Ev a (Cover proto. Wastes Creek Aust Chalk et
Slide 2: Disclaimer and Important Information
Disclaimer and Important Information Forward-Looking Statements ‘This presentation contains forward-looking information regarding Yuma Energy, 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, For
Slide 3: Section
Section Executive Summary 1 ‘Track Record 2 Property Overview 3 Appendix A. Contact Information and Standardized Measure —— YUMA ENERGY
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 exploration and development of conventional and unconventional oil and gas properties, primarily through the use of 3-D seismic surveys, in the U.S. Gulf
Slide 6: Management Team
Management Team Founder and majority owner of Yuma Energy, Inc, ~ 37 years of experience ia the oil and gas industry Previously held position as Assistant to President of Tomlinson Interest, a private independent oil and gas company ~ Served as Republican Assistant Finance Chairman for the re-electi
Slide 7: Independent Board of Directors with significant experience
Independent Board of Directors with significant experience See management team, Began his cacees as a geologist in 1977 Joured Petechawk Eneepy in 2003, where he led Petsohawk’s exploration progeam from 2005 to 2007 prior to secving as the company’s President and ‘COO feom 2007 to 2011 After BHP Bil
Slide 8: 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 North Dakota > Interest in the Bakken / Three Forks unconventional resource play i » Interest in oil assets in Kern and Santa Barbara Counties, Cal
Slide 9: Reserve Summary
Yuma Energy, Inc. Reserve Summary Mis = MM Mbbis Mbox SMM PDP 1495 3,423 132 2,197 66.8 PUD PDNP 540 364 181 148 28 #2? PuD 9.497 473. 2167 16,245 286.4 Proved 11532 35,260 2,479 19,888 $381.0 > Based on December 31, 2014 Netherland Sewell SEC Report > SEC Prices as of December 31, 2014" > Does not
Slide 10: 2. Track Record
VY 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 total prospects = 222 of those historical prospects were promoted to industry partners and dolled Ge. on a cactied basis), = Achieved a 78% exploration drilling success rate (43 discoveries
Slide 12: Yuma Growth Strategy
Yuma Growth Strategy Near - Term Growth > Accretive Strategic Acquisitions — Primarily Focused on Gulf Coast Assets — Identify Cash Flow Posittve Production with Additional Upside Opportunities * Conventional Properties * Low Entry Cost Unconventional Properties > Drill Existing Inventory — Strong E
Slide 13: Yuma Growth Strategy
Yuma Growth Strategy Long - Term Growth > 3D Driven Organic Growth — Primarily Focused in Louisiana and Texas Gulf Coast — Proprietary 3D Shoots — 3D Focused on Conventional Opportunities — Modern Seismic Acquisition and Processing Technologies — Proven Track Record of Success > Low Entry Cost Uncon
Slide 14: 3. Property Overview
VY YUMA ENERGY 3. Property Overview
Slide 15: Masters Creek - Austin Chalk
MASTERS CREEK - AUSTIN CHALK Vernon, Allen and Beauregard Parishes, Loutstana 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 Chalk Production ee Yuma focus area Louisiana Austin Chalk > Significant onshore unconventional play in the Gulf Coast ~ produced 1.8 billion BOE from Maverick County, Texas to Livi
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; ~ naturally fractured limestone reservoir (ie. no fracture stimulation required); high estimated ul — LLS price indexing (i.e. premium to WIT); and
Slide 18: Masters Creek - Austin Chalk
Masters Creek - Austin Chalk Type Log qa bad ri > Crosby L&R 8-1 GRnd Log > Well Production: 1.1 MMBO + 3.68 BCFG (1.6 MMBOB} > — Rock properties are generally consistent across the project area = YUMA ENER
Slide 19: Masters Creek - Austin Chalk Reservoir Model
Masters Creek - Austin Chalk Reservoir Model” Average well spacing: 8,000’ i Average lateral length: 7,000” Depth:15; Area: 1,285 acres a a P,, nets: 170’ TVT, 0.43 Sw, 6% ¢ 8,000 avg. well spacing 6% Recovery: 7.8 BCF + 1.8 MMBO (4,000' Drainage % Width) > Best well EUR of 7,8 BCF + 1.8 MMBO (3.1 M
Slide 20: Masters Creek - Austin Chalk Reservoir Model
Masters Creek - Austin Chalk Reservoir Model) ‘Average well spacing: 8,000’ Average lateral length: 7,000" Area: 1,285 acres P,, nets: 170’ TVT, 0.43 Sy, 6% ¢ 6% Recovery: 7.8 BCF + 1.8 MMBO > The Pio EUR of 340 MBO + 1.2 BCF (540 MBOE) per-well indicates much narrower actual drainage widths and inf
Slide 21: Masters Creek - Austin Chalk
Mastets Creek - Austin Chalk Top tier U.S. unconventional liquids-rich play Asset overview Yuma leasehold — greater Masters Creek area = ~54% to 100% — Yuma — Swift Energy and Indigo Minerals (non-operated acreage) — 99,721 gross (69,470 net to Yuna) = Austin Chalk = ~US$10.7m/well Gross) [Bi Vosns
Slide 22: Masters Creek - Austin Chalk Project Economics
Masters Creek - Austin Chalk Proje: ct Economics — Austin Chalk PUD® Type Curve —- BOPD, MCFPD > Assumptions 10,900 — Gross Wells (operated) 67 E = Working Interest: 54 - 100% 2 — NRE 39-72% 5h - FP: 1,100 BOPD, 4 MMCFPD 2 = D&C Capital: $10.7 MM pee well g > Reserves (~Per Well) — Gross: 340 MBO, 1
Slide 23: La Posada
LA POSADA Vermilion Parish, Louisiana LOUISIANA * Discovery well July 2011 +3 Producing wells in field * Field EUR = ~200 BCFe (1P) Current Daily Production: 58 MMCEG + 1,070 BO
Slide 24: La Posada — Vermilion Parish, Louisiana
La Posada — Vermilion Parish, Louisiana High impact deep producing asset Discovery map“ ——————1, YUMA ENERGY 12.5% PetroQuest (refers to the prospect as “La Cantera”) 7,792 gross acres (974 net acres) 40 square miles Lower Cris R at 17,700ft to 18,2508 Significant oil and gas prospect discovered usi
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 2043 Louisiana Gas Prod a MCF Gas WCF /Well 1 212,383,657] 325,742 2 740,086,268] 106,046 = 3 733,790,757 289,550 [Fre RIVER BULL BAYOU] 132,115,755] 321,450 5 _ [KINGSTON 731,198,
Slide 26: La Posada — Vermilion Parish, Louisiana
La Posada — Vermilion Parish, Louisiana High impact deep producing asset Thibodeaux #1 Broussard #2 Broussard #3 Lower Cris Ret 200 feet of potential pay Lower Cris R-2, Lobe A Current Production 35.9 MMCFID & 796 BBLUD® Lower Cris R-2, Lobe 8 Current Production “1.9 MMCFID & 34 BBL Lower Cris R-2,
Slide 27: Amazon
AMAZON Jefferson Davis and Calcasieu Parishes, Loutsiana LOUISIANA
Slide 28: Amazon
Amazon Yuma delineated 3-D oil project Asset overview Discovery map ~48% — Yuma — 2,270 gross acres (1,084 net acres) ~ 70 square miles — the Lower and Middle Frio (Hackberry) and Upper Frio (Marg tex, Cib haz and Camerina) formations, which are typically found at between 9,000 and 13,000 feet Eeual
Slide 29: Amazon Prospect Map
Amazon Prospect Map” fo — ‘Bonaras) snweosesecrs Ansconds Prosmect percae ree 5 1inteo +47 BFS ise alae inion Record adil ged mapa of prospac ——«—~ YUMA ENERGY
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 Tex 2 Depth Structure Map 88 Yuma Talbot 23-1 Results (07 March 2015 logs) \ sa az | + Marg ‘Tex Objective _| +45? Net Pay in MT 1-4 } rr) +100 high at
Slide 31: Amazon Prospect Economics — Anaconda Example
Amazon Prospect Economics — Anaconda Example > Assumptions — Gross Wells: — Working Interest: — NRE - FP: = D&C Capital: — Future Capital: >» Reserves — Gross: WITOI Prices $60/BO. Payout: 1.4 Yes ROL 5.0%. ROR: 98.9% PV10: $12.0 MM. F&D Cost: $4.24/Bbl o Heer He 1 38% BCP, 45% ACP 33% 450 BOPD, 4.5
Slide 32: Livingston
LIVINGSTON St. Helena and Livingston Parishes, Louisiana LOUISIANA
Slide 33: Livingston
Livingston Oil project — 3-D delineated Asset Overview Producing Fields and Prospect Map 33% — Yuma ~ 3,023 gross acres (97 net acres) ~ 138 square miles — Tuscaloosa sand (oil) at 15,000 fe ileox sand (il) at 10,000 fe ~ ~US$5m/well @ross) for Tuscaloosa ~ ~US§2.5m/well (gross) for Wilcox — Four we
Slide 34: Regional Depth Structure Map
Regional Depth Structure Map Top Lower Tuscaloosa Sandstone Livingston Proprietary 3D Project“) es YUMA ENER
Slide 35: Livingston Prospect Economics — Glacier Example
Livingston Prospect Economics — Glacier Example) > Assumptions ‘Type Curve - BOPD — Gross Wells: 4 1000. = — Working Interest: 33% — NRE 25% - IP: 200 BOPD per well — D&C Capital: $5.0 MM per well > Per Well Reserves = Gross: 575 MBO. = Net: 145 MBO 1 1 24 36 «48 «60 6-72) 8496108 120 ae OE Months W
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 California Leasehold Map = 100% ER Et — Yuma — 1,400 net acres — Pliocene, Miocene, Oligocene & Eocene age Asset Overview Fuel ue — Conducted an internal review of all of our California properties to
Slide 37: California Project Economics — Monterrey Shale
California Project Economics — Monterrey Shale » Assumptions 100 — Gross Wells: 6 — Working Interest: 100% — NRE 88% - 1: 75 BOPD per well 5 — D&C Capital: $1.5 MM per well Ew > Per Well Reserves) — Gross: 164 MBO — Net 144 MBO 1 1 24 36 48 60 72 84 96 108 120 we OH ‘Months WTI Oil Prices $60/BO. $7
Slide 38: Legacy producing assets
Legacy producing assets Lake Fortuna field (Raccoon Island), Chacahoula field and Chandeleur Block 71 Asset overview Key leasehold maps Working interest: 91% Net revenne interest: 64.7% 295 gross acres (269 net acres) Working interest: 23.8-36.2% Net revenue interest: 16.6-25.6% 69 gross acses (20 n
Slide 39: Bakken / Three Forks Project - McKenzie County, North Dakota
Bakken / Three Forks Project - — McKenzie County, North Dakota Non-operate ed — U.S. unconventional Asset overview Leasehold map ~5% Zaxanna, LLC and Emerald Oil 18,553 gross acres (674 net acres) Bakken / Three Forks ~US$10m/well (gross) = igen 140 remaining drilling location Significant future in!
Slide 40: Summary
YUMA ENERGY, INC. Summary > High Quality Assets in Attractive Plays > Substantial Existing Production and Identified Liquids-Rich Reserves > Experienced Management Team and Board > Successful Track Record LLL
Slide 41: Appendix A: Contact Information and Standardized Measure
4 YUMA ENERGY Appendix A: Contact Information and Standardized Measure
Slide 42: Contact Information
Contact Information Yuma Energy, Inc. Sam L. Banks 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
Slide 43: Standardized Measure
Standardized Measure The following table provides a reconciliation of PV-10 of our proved properties to the Standardized Measure: (@ in millions) Present value of estimated future net revenues (PV-10)” $381.4 Future income taxes at 10% 86.6) Standardized measure of discounted future net cash flows $