Insights From a Serial Energy Entrepreneur

NADOA 2014

Rock Music Quality vs US Oil Production

Sources: Rolling Stone Magazine, US Energy Information Administration

Career Highlights and Sequence

• 80’s Landman – moved to capital finance side• Swift Energy Company – public acquisition funds• Benton Oil and Gas – public and private financings• Beta Capital Group – restructurings and turnarounds• Beta Oil and Gas – public, became PetroHawk• Eagle Energy Company – $64 million to $650 million• Eagle Energy Exploration – $300 mill equity commitment

Eagle Energy Timeline/Overview

2010Eagle inception

~$65 million January

Completed acquisitions

March

Spud 1st HuntonMarch

Spud 1st Miss June

2 rig program & additional leasing

July

2011 Drill Drill Drill Drill Drill3 rig lineAugust

Drill Drill Drill Drill

2012 Drill Drill4 rig line

JuneDrill

MPO PSA signed

August

Drill 60th wellSeptember

Closed sale $650million

October

Leadership Teams

Steve AntryCEO/COB

A&D

Geology

Operations

Drilling Reservoir Eng.

Land

Ben KemendoCFO

Mike O’KelleyPresident/COO

Finance & Acctg.

ANADARKO BASIN AOI

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