Exhibit 99.2 | |||
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Presentation Outline for | |||
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Slide 1 - Focused Growth In Emerging Resource Plays | |||
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Slide 2 - Corporate Information | |||
- Headquarters: The Exploration Company; 500 North Loop 1604 East, Suite 250; | |||
- Contacts: James E. Sigmon, President and CEO, jsigmon@txco.com | |||
- TXCO - NASDAQ Listed | |||
- Forward-Looking Information - Information presented herein which is not historical, including | |||
statements regarding TXCO's or management's intentions, hopes, beliefs, expectations, representations, projections, estimations, plans or predictions of the future, are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements include those relating to estimated financial results, or expected prices, production volumes, reserve levels and number of drilling locations. It is important to note that actual results may differ materially from the results predicted in any such forward-looking statements. Investors are cautioned that all forward-looking statements involve risks and uncertainty, including without limitation, the costs of exploring and developing new oil and natural gas reserves, the price for which such reserves can be sold, environmental concerns effecting the drilling of oil and natural gas wells, as well as general market conditions, competition and pricing. More information about potential factors that could affect the company's operating and financial results is included in TXCO's annual report on Form 10-K for the year ended Dec. 31, 2005. This report and TXCO's previously filed documents are on file at the Securities and Exchange Commission and can be viewed on TXCO's website atwww.txco.com, copies of which are available from the Company without charge. | |||
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Slide 3 - TXCO: A Profile | |||
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Slide 4 - Strategic Alternatives Results Lay Foundation for Growth | |||
- TXCO Gains Enhanced Shareholder Value, Accelerates Existing Business Plan | |||
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Slide 5 - TXCO's Maverick Basin Focus Area | |||
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Slide 6 - Maverick Basin Cross Section | |||
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Slide 7 - Maverick Basin Core Focus Glen Rose Porosity Oil Play | |||
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Slide 8 - Glen Rose Porosity Production Type Curve -- Actual | |||
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Slide 9 - TXCO's Other 2006 Maverick Basin Plays | |||
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Slide 10 - Maverick Basin Tar Sands | |||
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Slide 11 - TXCO's Maverick Basin Pipeline-Marketing Synergy | |||
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Slide 12 - New West Texas Shale Play | |||
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Slide 13 - Marfa Basin Well Log Cross Section | |||
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Slide 14 - Marfa Basin Prospect | |||
Slide 15 - TXCO's Marfa Basin Lease Block | |||
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Slide 16 - TXCO Operational Snapshot | |||
- 880,000 Gross Acres in Leasehold | |||
Slide 17 - Year-End Capitalization And Credit Statistics | |||
As of December 31, | |||
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Slide 18 - Private Placement Transaction Summary | |||
Slide 19 - Revised 2006 CAPEX Guidance | |||
Slide contains two pie charts showing budget dollars, number of wells and % for focus areas and Other. The first pie chart is titled "Initial CAPEX -- 57 wells", as follows: | |||
Slide 20 - Key Indicators Confirm Growth | |||
Slide contains a data box and three bar charts: | |||
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Slide 21 - TXCO's 1-Year Stock Performance | |||
Line chart shows stock performance for TXCO, weekly for April 2005 through March 2006, with a bar chart indicating volume of trading for the same period. Beginning and ending prices labeled as $5.89 and $11.82, respectively. Sections are labeled, as follows: | |||
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Slide 22 - Why Own TXCO Now? | |||
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Slide 23 - Focused Growth In Emerging Resource Plays | |||
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Slide 24 - Appendix | |||
- TXCOQ Dashboard
- Filings
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8-K Filing
Txco Resources (TXCOQ) Inactive 8-KThe Exploration Company to Webcast IPAA Symposium Presentation
Filed: 10 Apr 06, 12:00am