oil & gas assets

producing propertyYUMA - LOUISIANA SALE PACKAGE

Producing Property For Sale Through PLS Marketing & Transaction Arm
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YUMA - LOUISIANA SALE PACKAGE
LOUISIANA STATE WATERS SALE PKG
11-Wells. 367-Net Acres (100% HBP).
MAIN PASS, LAKE FORTUNA &
CHANDELEUR FIELDS
Producing From 7,000 Ft - 7,300 Ft Sands
Significant Recompletion Upside.
Avg 74% OPERATED WI; 55% NRI
Gross Production: 394 BOPD (100% Oil)
Net Production: 175 BOPD
3-Mn Avg Net Cash Flow: ~$136,000/Mn
Proved Net Rsrvs: 457 MBO & 738 MMCF
Total Proved Net PV10: ~$10,643,000
Production Facilities Included In Sale
SELLER IS REVIEWING OFFERS
PP 4800DV
Sale Points
Updates:
06/13/18: A. Yuma Shallow LA Presentation has been updated in the 01. Summary & Introductory Materials folder in the Public section of the VDR.
06/13/18: B. Yuma Shallow LA Quicklook has been updated in the 01. Summary & Introductory Materials folder in the Public section of the VDR.
06/13/18: A. Yuma Shallow LA Acct Net LOS 03.18 Adjusted has been updated in the 01. Accounting folder in the Confidential section of the VDR.
06/13/18: A. Yuma Shallow LA Well Data Daily Well Historical Prod has been updated in the 05. Well Data folder in the Confidential section of the VDR.

Summary:
PLS Energy Advisors Group has been retained by Yuma Energy, Inc to market their operated shallow Louisiana state waters assets located in St. Bernard Psh near New Orleans, LA. These assets abide by the rules and regulations of the Louisiana Department of Natural Resources.

Yuma's sale package consists of 73.8% average operated WI and 54.5% NRI in 847-Gross acres (367-Net) 100% held by production by 11-total wells; 5-Duals, 4-Singles, 2-SWD (7-PDP, 5-PDNP) in the Main Pass and Chandeleur shallow water blocks located within 5 miles of the Lousiana coastline where water depths range from 8 -12 ft depending on time of year. 2 of the 5 dual completion wells were converted to single completions within the 7,000 ft - 7,700 ft oil-rich miocene sands with future productive potential retained.

In March 2018, gross production was 394 BOED (100% oil) and net production was 175 BOED. The assets are currently generating 3-month average net cash flow of ~$136,164/Mn. Netherland Sewell reports year-end 2017 net proved reserves of 457 MBO & 738 MMCF valued at a PV10 of ~$10,643,000. In addition to 3-PDNP recompletion opportunities, there are also 2 drilling locations that add significant upside.(1-PUD & 1-Probable)

Also included in the sale are 2-PDP production facilities that serve as profit centers for Yuma by charging production handling fees of ~$90,000 per year. The average operating cost over the last 12 months was $27.17/BOE. Yuma's interest ranges from 53% - 100% WI.


TO LEARN MORE
PLS Energy Advisors Group
Mr. Ross Benoche
Director - Sell-Side Services
10850 Richmond Ave Ste 300
Houston, TX 77042
Direct: 713-600-0154
Cell: 832-338-2810
Email: rbenoche@plsenergyadvisors.com
Questions Regarding This Asset? Email Ross Benoche or call PLS at 713-600-0154

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Questions Regarding This Asset?
Email: Ross Benoche
Call: 713-600-0154



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