oil & gas assets

producing propertyALVAND - MULTISTATE NONOPERATED PACKAGE

Producing Property For Sale Through PLS Marketing & Transaction Arm
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ALVAND - MULTISTATE NONOPERATED PACKAGE
MULTISTATE NONOPERATED PKG
>280 Total Wells.7-Behind Pipe. 86 PUDs.
TEXAS, OKLAHOMA, NEW MEXICO,
NORTH DAKOTA, ALABAMA & WYOMING
Multiple Horizontal Drilling Potentials in --
Bone Spring and Avalon (TX & NM) --
Cottage Grove and Woodford Shale (OK).
Immediate Upside Potential.
NonOperated WI Available For Sale
Gross Prod: 3,880 BOPD & 29.3 MMCFD
Net Production: 35 BOPD & 309 MCFD
Low Aggregate Decline.
SELLER HAS SOLD PART OF PKG
PP 4272DV
Sale Points
The Reagan County assets have been sold. The rest of the package is still for sale.

Updates
12/16/16: Visa Shook 0 WI/NRI changed to 4.5% WI & 3.38% NRI. See Quicklook and PHDwin Database for details.
12/16/16: PHDwin DB updated to reflect Ownership amount changes in the Visa Shook 0 case.
12/16/16: Well List Tab in Quicklook updated in Summary & Introductory Materials folder.
12/01/16: Presentation updated in the Summary & Introductory Materials folder.

Summary
PLS Energy Advisors has been retained by Alvand Resources, LLC to market their non-operated assets in Texas, Oklahoma, North Dakota, New Mexico, Alabama, Mississippi, Louisiana & Wyoming. There are over 280 wells with current gross production of 3,880 BOPD and 29.3 MMCFD as of January 2016. The portfolio offers long life and low aggregate decline with net production of 35 BOPD and 309 MCFD. Alvand's engineering report shows net total proved reserves of 1,223 MBO, ~4.7 BCF & 111 MBBLs of NGLs with a net proved PV10 value of ~$29,000,000.

As for asset type, the portfolio includes strong mix of conventional and unconventional reserves with additional drilling upside in multiple basins including the Permian Basin & Midcontinent areas where activity has been ramping up.

Besides long life reserves, the portfolio is also robust. For example, amongst some of the high impact areas, Oasis Petroleum operates ten (10) Bakken wells in Williams County, ND; Energen Resources has operates eight (8) wells in West Texas targeting the Bone Spring and Vanguard Natural Resources operates over 80 wells in the Fairway James Lime Unit. Alvand anticipates that solid operators will continue to rework the legacy fields, apply new technology and keep the properties at a relatively low decline.

In total, Alvand has identified more than 80 PUD locations and there is additional behind pipe potential in 7 wells. Drilling activity and workovers/recompletions are expected to continue at the same recent historical rate.

CONTACT PLS ENERGY ADVISORS:
PLS Energy Advisors
Mr. Richard Martin
VP, Divestments
Ft. Worth, TX
Phone: 817-312-1508
Email: rmartin@plsenergyadvisors.com


TO LEARN MORE
PLS Energy Advisors
Ms. Miranda Kennedy
Associate
One Riverway Ste 2500
Houston, TX 77056
USA
Phone: 713-650-1212 and Fax: Direct: 713-600-0156 Cell: 281-365-4018
Email: mkennedy@plsenergyadvisors.com
Questions Regarding This Asset? Email Miranda Kennedy or call PLS at 972-348-5536

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Questions Regarding This Asset?
Email: Miranda Kennedy
Call: 972-348-5536



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