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Energy Partners Ltd
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Capital One Southcoast 6th Annual Energy Conference
| Gary Hanna | Page 6 of 11 |
June 09, 2026
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"Capital One Southcoast 6th Annual Energy Conference"
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NYSE: EPL Capital One Southcoast Energy ConferenceDecember 20115Oily Pro Forma EPL AssetsPro forma reserves for ASOP acqui sition of 35.5 MMBoe at 12/31/10?68% oil, 89% proved developed?Pre-tax PV-10 of $892 milli on using current strip (1)?Repeatable, low-risk behind pi pe & sidetrack opportunitiesPro forma probable reserves esti mated at 12 MMBoe at 12/31/10?65% Oil?28% from the newly acquired assetsNew Bolt on acquisition at 1.3 MMboe at 11/1/11 ?100% PDP (96% Oil) with possibilit y for performance adds over time?Drilling program for upside potential underwayMMBoeEPL Proved Reserves Composition: Pro Forma for Feb 2011 Acquisition(2)(1)Pre-tax PV-10 based on SEC reserves as of 12/31/2010 using 8/8/2011 forward NYMEX pric ing adjusted for quality and transport ation. (2)Based on Proved SEC reserves as of 12/31/2010 including ASOP acquisition in FebruaryExpanded Proved Asset BaseReserves by Area Reserves by Category Reserves by Commodity 27.4 9.40 10 20 30 40 50Yr End 20102011 Acquisitions Oil 68% Gas 32% EB 42% BM 5% ST 26/41 21% WD Area 14% MP Area 6% SP Area 3% Other 9% PDP 49% PDNP 40% PUD 11%EPL Feb Acq Nov Acq