Energy Prospectus Group · 2/26/2019  · EIA now forecasts Permian oil production to be >...

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Texas is the “Saudi Arabia” of the USA

U.S. is #1 Oil Producer in the World

Permian Basin = 19 million acres

Stacked Pay Zones

Outside of the Permian Basin and Gulf of Mexico, everything else nets to zero growth

EIA now forecasts Permian oil production to be > 3,450,000 BOPD in 2018> 4,200,000 BOPD in 2019> 4,700,000 BOPD in 2020

Midstream companies are working hard to bring more pipeline capacity to the Permian

Can the Permian Basin keep up with the RELENTLESS growth of global demand for oil?

Amazing Energy (AMAZ)Will McAndrew, CEO