Investor Presentaiton
Assets in the Delaware Basin
In January 2017 acquired a 25% interest in initial ~720
gross leased acres for $5,500 per net acre from
Founders Oil & Gas III, LLC (179 net leased acres).
pooling increased gross acres to 960, with HUSA now
owning 18.7% average WI.
The O'Brien #3H well and the Johnson #1H well are
both now producing oil and gas.
Centennial's notation of five productive zones (see⭑
on pg 7.), equates to 60 gross (11.2 net) potential Hz
well locations across our acreage.
Wolfcamp A revised "Type Well" gross (8/8ths)
economics:2
Wolfcamp Oil/Condensate/Gas Trend Map 1
Eddy
Condensate-Rich Tre
Gas-Rich Trend
Our acreage is in a high-
GOR, oil, gas and
condensate-rich /
underdeveloped area of
the trend
WW
EUR
NPV10
IRR
F&D
Discounted ROI
Undiscounted ROI
1,512 MBOE
$8.2 million
56%
$6.17 / Boe
2.25x
3.8x
1.
2.
Image taken from Centennial Goldman Sachs Global Energy Conference presentation
- January 2017, page 5. Includes only wells reported as producing from Wolfcamp
formation.
Utilizing recent production information from new wells and decline projections per
internal estimated reserve economic report using type well shown in Note 1. on pg 9.
Includes $57/bo and $2.95/mcf flat, $6.88 flowing boepd gross LOE, $7.0 million
gross D&C per Wood McKenzie for the Delaware basin.
Gas-Oil Ratio
(Mcfg/Bo)
Culberson
10.0
9.0
8.0
70
6.0
JODAVN
5.0
4.0
3.0
2.0
1.0
Apache's
Alpine High
Field
Oil-Rich Trend
houston american
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