Transcript Document
SIERRA RESOURCES, LLC IPAA Texas Southeast Regional Speakers Series July 10, 2002 Featuring IPAA’s Business Development Roundtable “Emerging Companies” Historical Business Strategy • Add Value through Aggregation and Reserve Growth • Leverage Staff through Alliances • Deliver a Rate of Return to Partners • Contract with Highly Skilled Technical Firms • Creative Exits Sierra Group Track Record • 4 Acquisition Partnerships • 45 Acquisitions over 10 Years • 67% Overall Rate of Return Delivered to EnCap Keys To Success • Small Highly Qualified Staff • Long Term Relationships • Acquisition and Development Strategy Matches Financing • Acquisition Alliances • Disciplined Sellers Sierra Resources Business Strategy • Continue the Historical Acquisition Strategy • Ability to Close Larger Acquisitions • Greater Exploration Exposure • Enhanced Ability to Move Swiftly Alliance Partner Profile South Louisiana Sierra Resources, LLC South Texas Mid Continent • Exploration-Oriented Company • Operational Capability • Excellent Technical Skills • Desires Acquisition Exposure and Financing SIERRA RESOURCES, LLC 952 Echo Lane, Suite 290 Houston, Texas 77024 713-464-8183 John Eads President [email protected] Robert Fabris VP Land & Business Development [email protected] Bronita Black VP Administration [email protected] John Kelly VP Engineering [email protected] Mike Asher VP Acquisitions [email protected]