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Synergy Resources Corporation
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April 2012 Corporate Presentation
| Edward Holloway | Page 6 of 11 |
November 23, 2024
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"April 2012 Corporate Presentation"
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Highlights Snapshot www.synergyresourcescorporation.com 6 Rapidly Growing Production 183% quarter-over-quarter production growth with a February 2012 exit rate exceeding 1,250 BOED Concentration in Wattenberg Field 445 net Wattenberg low-risk drilling locations on 20 acre spacing. 100+ wells in the permitting process, permits valid for 2 years Upside Potential Wattenberg Horizontal Drilling in Niobrara & Codell. 156 net potential horizontal wells, four wells per 320 acre spacing. Northern Colorado – 96 net potential horizontal Niobrara and 64 net horizontal Greenhorn wells, two wells per 320 acre spacing. Acreage Expansion 204,937 gross acres (176,601 net) Average Cost Per Acre: $95 net Experienced and Committed Management Management has more than 30 years of experience in the DJ Basin and owns ~15% of the shares outstanding Operations Interests in 172 gross wells (132 net) of which Synergy operates 130 NYSE Amex: SYRG