Project Ozona Economic & Technical Review[8167]

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Fénix Proposed Acquisition: General Overview PHDWin Database: PDP-only & 1P inclusive of 30 PUD drilling program (1) PDP-only Economic Projections 1P Economic Projections 1. All economic assumptions are the same as described on page 10 of this presentation except the database uses a commodity price tied to NYMEX strip as of 9/15/2017 as opposed to a $45 flat price 10
Project Ozona: Single Well Economics 11
Page 1 and 2: The Fénix Petroleum Group Project
Page 3 and 4: Project Ozona: General Overview 3
Page 5 and 6: Fénix Proposed Acquisition: Genera
Page 7 and 8: Fénix Proposed Acquisition: Genera
Page 9: Fénix Proposed Acquisition: Genera
Page 13 and 14: Project Ozona: Single Well Economic
Page 15 and 16: Project Ozona: Single Well Economic
Page 17 and 18: Top of Greyburg Project Ozona: Sing
Page 19 and 20: Project Ozona: Acreage & EUR Overvi
Page 31 and 32: Fénix Proposed Deal Structure Indi
Page 33 and 34: The Fénix Petroleum Team Overview
Page 35 and 36: The Fénix Petroleum Team Overview
Page 37 and 38: The Fénix Petroleum Group Overview
Page 39 and 40: United States Tax Treatment for Oil

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Project Ozona Economic & Technical Review[8167]