Samson
Download
1 / 22

- PowerPoint PPT Presentation


  • 186 Views
  • Updated On :

Samson. PUBLIC or PRIVATE. WHO. HOW. PRIVATE. By: Jack Schanck . YOU DECIDE. Who is Samson. Privately held company headquartered in Tulsa, OK One of the top 20 independent producers of oil and gas in the U.S.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about '' - delphina


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
Samson l.jpg

Samson

PUBLIC or PRIVATE

WHO

HOW

PRIVATE

By: Jack Schanck

YOU DECIDE


Slide2 l.jpg

Who is Samson

  • Privately held company headquartered in Tulsa, OK

  • One of the top 20 independent producers of oil and gas in the U.S.

  • Production in U.S., Canada, Venezuela and Russia and Exploration acreage in Brazil

  • Offices in Houston, Denver, Calgary, Maracaibo and Moscow


Slide3 l.jpg

Who is Samson

  • Reserves are 85% gas

  • Operates 70% of our production

  • Operates more than 2,400 producing wells

  • Interest in over 10,000 producing wells

  • 68% of our gas is in U.S.

  • 25% of our gas is in Canada


Vision mission l.jpg

Vision/Mission

Samson will be a premier E & P companywithin our peer group of Independents. We will double our stipulated value every six years through the successful efforts of our highly motivated workforce and our skilled utilization of technology and knowledge. We will achievethis profitable growth through acquisitions, exploration and development drilling, andother energy related opportunities; whilemaintaining cost effective and efficient operations.


Samson executive committee l.jpg
Samson Executive Committee

  • Stacy Schusterman Chairman/Co-CEO

  • Jack Schanck President/Co-CEO

  • Hank Winfield Executive Vice President/ CFO

  • Sam Parker Executive Vice President

  • David Adams Executive Vice President

  • Brian Ayers Vice President E & P (Houston)

  • Bill Dirks Vice President New Ventures (Houston)

  • Steve Benedetti Vice President International (Houston)


Samson s peer group l.jpg
Samson’s Peer Group

  • Apache

  • Louis Dreyfus

  • Barrett

  • Mitchell

  • Murphy Oil

  • Cabot

  • Chesapeake

  • Newfield

  • Ocean

  • Comstock

  • Cross Timbers

  • Pioneer

  • Denbury

  • Santa Fe

  • Sonat

  • Dominion

  • El Paso

  • Tom Brown

  • Vintage

  • Forest

  • HS Resources

  • Williams

  • Kerr-McGee



Samson s stipulated value growth l.jpg
Samson’s Stipulated Value Growth

4.5 Years

4 Years

1 Year

2 Years

Corporate Value


How value generated through l.jpg
- How - Value Generated Through

  • Acquisition

  • Drilling

  • Exploration/Operations


Slide10 l.jpg

Value Generation through Capital Spending

(Budget)

Note: 2002 Acquisition represents 1st Qtr Actuals


Adding value through acquisition acquisition activity cy 1999 2001 l.jpg
Adding Value Through AcquisitionAcquisition Activity CY 1999 – 2001

Canada

$280 MM

35%

United States

$522 MM

65%


Adding value through the drill bit 2002 exploration portfolio management l.jpg
Adding Value Through the Drill Bit2002 Exploration Portfolio Management

Probability of Geological Success

Very high risk = <15%

High risk = 15% - 25%

Moderate risk = 25% - 40%

Low risk = 40% - 60%

Very low risk = 60% - 90%


Slide13 l.jpg

North America Core Areas

NEBC

NW Alberta

W Central Alberta

Central Alberta

Green River Basin

Anadarko Basin

Arkoma Basin

Midland Basin

Black Warrior Basin

East Texas Basin

North Louisiana Basin

Producing Areas

Gulf Coast

Current Drilling Areas


Slide14 l.jpg

Samson Partners

PETROQUEST

PHILLIPS

PURE

RANGE RESOURCES

SAMEDAN

STONE

ANDEX

CARRIZO

CHALLENGER

CL&F

DEVON

DOMINION E&P

EEX

GRYPHON

HELMERICH & PAYNE

KERR McGEE

OCEAN


Ken hersh natural gas partners randall dewey a d summit 4 26 01 l.jpg
Ken Hersh, Natural Gas PartnersRandall & Dewey A & D Summit4/26/01

  • Be a sound decision-maker

    --if private, act private

    --if public, act private


For samson being private means you l.jpg
For Samson Being Private Means You

Do

Do Not

Hedge/Active in Futures Market Deal with FASB 133

Value Cash Borrow to Drill Exploration

Increase Stipulated Value Respond to Wall Street Measures

Focus on Growing Value Focus on Growing Production

Manage Long Term Manage with a Quarterly Focus

Use Cash for Acquisitions Use Stock

Explain the Company Reveal the Company


Slide17 l.jpg

Act Private

CUM NP V 8.5%

NP V 8.5%

Doyle 2001

Doyle 1994

Company Project List

Samson Believes Good Things Happen Over Time


Slide18 l.jpg

Acting PrivateSamson not subject to same trends


A private view of e p companies l.jpg
A “PRIVATE” View of E&P Companies

SAMSON RESOURCES COMPANY

MITCHELL ENERGY

UNION PACIFIC

GULF CANADA

J.M. HUBER CORPORATION

VASTAR RESOURCES

LOUISIANA LAND

LOUIS DRYEFUS

GENERAL AMERICAN OIL

HUNT PETROLEUM CORPORATION

NOBLE AFFILIATES

CODY

FLYING J OIL & GAS, INC.

SUPERIOR OIL


Samson20 l.jpg

Profitable Growth Philosophy

Financially Solid

Change to Management Team Approach

Strong Challenging Group of Professionals

Outstanding Growth History

Samson


Summary l.jpg
Summary

  • Our focus is on increasing the value of our assets

  • Success is measured in long term profitability

  • Create new core areas

  • Expansion of our producing areas

  • Adding new exploration opportunities

    Quick, Fair, Long Term & Committed



ad