oil & gas assets

land or farmoutsLARAMIE CO., WY PROJECT

Lands & Acreage For Sale or Farmout. Available Through PLS Synergy Marketing Group
All Standard Disclaimers Apply & Seller Rights Retained


LARAMIE CO., WY PROJECT
LARAMIE CO., WY PROJECT
10,224 Net Acres on Trend.
NORTHERN DJ BASIN
CODELL SAND OIL PLAY
Codell Thickens North Towards Laramie
66-Wells Permitted Ready to Drill
Base Case IP: 750 BOPD
D&C: $4.5MM for 9,000' Laterals
Net Pay Thickness: 20-40 ft
Established for Dual Length Laterals
~70% OPERATED WI; 83.5% NRI Lease
Generous Forced Pooling Rules
Opportunity to Expand to 50,000 Acres.
Last of Seller's 3-Assets
MOTIVATED TO LIQUIDATE PROJECT
L 8793DV
Sale Points
Summary
Panther Energy has retained PLS Energy Advisors to market their Beowulf Prospect (Northern DJ Basin acreage) in Laramie County, WY.

-- ~70% WI (83.5% NRl 8/8ths)
-- ~12,330 Gross Acres (~10,220 Net Acres)
-- Primary term through 2019 (50% of leases with 3-year extension)
-- Leasehold established for dual length laterals. 66 wells permitted and ready to drill.
-- Petrophysically defined area: 20’ - 40’ of high net pay. High temperature gradient along oil migration pathway. Thermally mature source rocks above and below.
-- Panther Energy calls the position the “Beowulf Prospect”

Geology
Panther Energy has analyzed triple combo well logs to map the subsurface for hydrocarbon pay. Subsurface maps show a similar step-out compared to traditional activity in the Northern DJ Basin. Reservoir Characteristics around Panther’s position is a geological analogue to the Wattenberg Field and is petrophysically defined with high net pay, high temperature gradient & high OOIP.

Codell Sandstone thickens to the North from the Wattenberg field in Weld County, Colorado to Laramie County, WY. Lower water saturation, GOR and clay content near Panther’s position compared to the Wattenberg Field.

Call PLS for a data room presentation via conference call.

Area Activity
Activity has been led by EOG, Kaiser-Francis, Ward & Samson/Cirque. Operators originally targeted the Niobrara but with recent advances in frac design and high performance of test wells the Codell has become the primary target in Laramie County, WY.

Premier Play
Codell's reservoir characteristics around Pather's position is a geological analogue to the Wattenberg Field. Codell Sandstone thickens to the North from the Watternberg Field in Weld County, Colorado to Laramie County, Wyoming.

Panther Energy is seeking a Farm-Out/In, Joint Venture or complete sale and exit.

TO LEARN MORE
PLS Energy Advisors Group

Mr. Don McDonald
Managing Director
216 16th St Ste 1600
Denver, CO 80202
Direct: 303-839-0067 Cell: 303-777-0041
Email: dmcdonald@plsenergyadvisors.com

Mr. Blake Dornak
A&D Associate
Email: bdornak@plsenergyadvisors.com
Direct: 713-600-0169
Questions Regarding This Asset? Email Blake Dornak or call PLS at 713-600-0169

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Questions Regarding This Asset?
Email: Blake Dornak
Call: 713-600-0169



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