Investor Presentaiton

Houston American Game Plan ☐ Generate healthy returns and peer group leading growth while maintaining low leverage Evaluate opportunity to hedge oil and gas prices for new production from Reeves County horizontal wells Reach positive cash flow Add Permian proven reserve categories to reserve report for year end Pursue opportunistic leasing and/or acquisitions in the Delaware and Midland Basins Increase participation in acquisition targets Drill 6-8 gross wells during 2018 ▶houston american 15

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