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Legacy Oil + Gas Inc
EnerCom The Oil & Gas Conference
| Hal Chappelle | Page 18 of 11 |
February 11, 2016
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"EnerCom The Oil & Gas Conference"
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Light Oil Drives Sustainable Growth + Insulates Business Plan 18 Light Oil Resource Plays High Net Back Production Proven Management Strong Balance Sheet Direct Hands-On Experience Successful Track Record Technically Driven Extensive Light Oil Experience High Quality Minor Differential to WTI Always in Demand by Refiners Predictable, Repeatable Multi-Year Dev. Inventory Robust Rate of Return Economies of Scale Low Debt to Cash Flow Surplus Bank Line Capacity Can Internally Fund Capex Weather Oil Price Volatility Can Remain Opportunistic Strong Cash Flow Short Payouts Aggressive Growth from Cash Flow Weather Oil Price Volatility Low Economic Threshold Capex