Regional Oil & Gas Intelligence December 3, 2015 ARK-LA-TEX SCOUT Serving the local market with drilling activity, permits & deals for sale Volume 03, No. 15 Breitburn tests best Overton well to date at 14 MMcfe/d Regional Activity (State Data) During Q3, Breitburn Energy to 10 horizontals, with nine of those (11/10/15 to 12/01/15) Partners’ completed its first well on its completed and online. The 10 wells have Compls Permits newly acquired 8,000 acres in Overton average 30-day IPs of 1,275 boe/d and Arkansas 32 44 field. Targeting the Cotton D&C costs of $4.5 million. In the last 15 North Louisiana – 25 Valley Sands, the well flowed months, Breitburn has grown production 11 MMcf/d and 500 bbl/d of at Overton from 750 boe/d to 8,900 boe/d. East Texas (RRC 5) 1 14 condensate, representing the company’s The company is drilling longer laterals in East Texas (RRC 6) 12 15 best horizontal result in the field to date. the field compared with last year. Most Active Operators by Permits Breitburn is running two rigs in Located in Smith County, Overton has ➊ SEECO 41 Overton field and plans to keep those traditionally been developed with vertical ➋ Husqvarna Forestry 12 rigs active through the end of the year. wells. Breitburn began drilling horizontals ➌ Chesapeake 6 During Q3, the company completed four there in 2014. The company has 20-30 horizontals in the field, bringing its total remaining drilling locations. Permits by Formation (by Last Scout) Formation 12/03 11/12 10/22 Sabine tests two Cotton Valley wells above 11 MMcf/d Fayetteville 37 5 7 Texas-focused Sabine Oil & Gas Sabine’s total East Texas presence Barnett 9 4 2 completed two wells in Rusk County, consists of 219,200 net acres primarily Haynesville 8 17 24 Texas, targeting the Cotton Valley in targeting the Cotton Valley, Haynesville Moorefield 4 – – Henderson field. The Byron 4H tested at and Pettet, mostly in Harrison, Panola and Pettit 4 2 2 11.6 MMcf/d on a 41/64-in. choke and Rusk counties. Its total proved reserves Gloyd 2 – – was drilled with a 6,387-ft lateral. The Operating more than 100 HZs and Rodessa 2 2 1 nearby Byron GU 3H, which was drilled 1,000 vertical wells in Cotton Valley. Smackover 2 – – with a 5,958-ft lateral, tested at a rate of Travis Peak 2 5 3 11.5 MMcf/d on a 44/64-in. choke. in the Ark-La-Tex region, including its Other Formations 28 54 40 The company’s Cotton Valley activity acreage in Red River Parish, Louisiana, TOTAL 98 89 79 includes more than 100 horizontal wells are 1,197 Bcfe (78% gas). As of YE14, the Source: TXRRC, SONRIS & AOGC and more than 1,000 vertical wells, and it company’s average daily production in the Active Rigs Running (Baker Hughes) 58 operates 88% of them. region was 170 MMcfe/d. Breitburn US Reserves & Production Areas Deals For Sale ATTRACTIVE ASSETS IN 7 PRODUCING AREAS ARKANSAS ACREAGE FOR LEASE 14,000-Acres. PERMIAN BASIN MILLER COUNTY 2014 Avg.Daily Production 13,490 Boe/d T17S – R26W; T18S – R26W L ROCKIES Est. Proved Reserves 56.6 MMboe All Depths Included. MI/IN/KY ARK-LA-TEX Located In Active Brown Dense Play. CALIFORNIA 2014 Avg.Daily Production 9,956 Boe/d Est. Proved Reserves 66.7 MMboe TERMS NEGOTIABLE LEASE MID- CONTINENT Will Entertain Different Structures. MI/IN/ KY 2014 Avg.Daily Production 8,909 Boe/d L 5032DV Total Proved Reserves 63.3 MMboe PERMIAN BASIN ARK-LA-TEX MID-CONTINENT FREESTONE CO., TEXAS FLORIDA 2014 Avg.Daily Production 7,837 Boe/d Est. Proved Reserves 39.6 MMboe 7,725-Net Acres. 30-Potential HZ Wells. EAST TEXAS - RED LAKE FIELD ROCKIES Mid-Continent 13% DV Permian Basin 18% 2014 Avg.Daily Production 6,795 Boe/d EAGLE FORD & WOODBINE TREND TOTAL Est. Proved Reserves 35.4 MMboe Obj: Eagle Ford/Sub-Clarksville. 4,500 Ft. California 7% FLORIDA 100% OPERATED WI; 75% NRI Estimated Rockies 11% TOTAL EST. PROVED RESERVES: 2014 Avg.Daily Production 5,475 Boe/d Proved Expected IP: 400-800 BOPD EAGLE Florida 10% 315.3Mmboe Est. Proved Reserves 30.0 MMboe Reserves By Well Reserves: 75-300 MBO FORD Area PROVED RESERVE LIFE: CALIFORNIA MI/IN/KY 20% DV 3741 >15years 2014 Avg.Daily Production 5,133 Boe/d Est. Proved Reserves 23.7 MMboe Ark-La-Tex 21 % No Commission. Call 713-650-1212 Source: Breitburn Energy Partners November 12, 2015 via PLS docFinder (www.plsx.com/finder) All Standard Disclaimers & Rights Apply. .