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Productively Manage Your Royalty and Mineral Interest Data Presented by: Jim Allison, Oildex Vice President. June 15 , 2013. Royalty Owner Challenges. Difficulty accessing payment data from operators Difficulty accessing monthly statements from operators
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Productively Manage Your Royalty and Mineral Interest Data Presented by: Jim Allison, Oildex Vice President June 15, 2013
Royalty Owner Challenges • Difficulty accessing payment data from operators • Difficulty accessing monthly statements from operators • Difficulty tracking critical revenue payments and interests “The biggest problem is uninformed mineral owners.” *Basin Oil & Gas, accessed January, 2013
Agenda • Oildex’s Solutions for Owners • History of Revenue Data Exchange and Analytics • Receive Revenue Data Electronically • Quickly access monthly statements • Analyze mineral ownership, leases and revenue data • Demo of Oildex’s Online Portfolio Management Solution: Stakeholder
Connecting the North American Oil and Gas Industry OPERATORS OWNERS SUPPLIERS PARTNERS AFEworks Trendx Petro Connect Spendworks Revenueworks JIB Complete Run Ticket Connect JIB Connect Owner Relations Connect CDEX Complete Vendor Relations Connect Checkstub Connect Stakeholder
Oildex’s Solutions for Owners Web-based tools designed to radically improve the way royalty owners, access, use, analyze and share critical information: eStatements eRevenue ePayables Access web based statements and analyze mineral ownership, leases and revenue data Electronically process Joint Interest Bills. Exchange, analyze and upload oil and gas production data.
History of Revenue Data Exchange and Analytics • Launched in 1980 with 5 majors • Electronic data format sanctioned by the API • General Electric (GE) facilitated network • Grew to 210 receivers, 90 senders • Oildex eliminated paper check stub processing with CDEX Complete in 2007 19802000200220042006200820102012 • Oildex purchased CDEX network in 2001 • Transitioned Checkstub Connect platform to the internet • Grew Checkstub Connect to 800 receivers , 2500 senders • In 2008, Oildex launched XML version of CDEX to capture richer check stub content
Checkstub Connect Purchasers & Operators send revenue data to Oildex Working Interest Owners Receive Revenue Data Electronically Oildex delivers digital data to: Royalty Owners
History of Revenue Data Exchange and Analytics • Launched in 1980 with 5 majors • Electronic data format sanctioned by the API • General Electric (GE) facilitated network • Grew to 210 receivers, 90 senders • Oildex launched Owner Relations Connect in 2002 • Grew network to 1,300,000 royalty owner connections • Oildex eliminated paper check stub processing with CDEX Complete in 2007 19802000200220042006200820102012 • Oildex purchased CDEX network in 2001 • Transitioned Checkstub Connect platform to the internet • Grew Checkstub Connect to 800 receivers , 2500 senders • In 2008, Oildex launched XML version of CDEX to capture richer check stub content
Quickly Access Monthly Statements • Communicate directly with operator or remitter • Make address changes online • Access multiple operator accounts via a single, secure login Revenue Payout Gas Balance JIBs 1099s and more
History of Revenue Data Exchange and Analytics • Launched in 1980 with 5 majors • Electronic data format sanctioned by the API • General Electric (GE) facilitated network • Grew to 210 receivers, 90 senders • Oildex launched Owner Relations Connect in 2002 • Grew network to 1,300,000 royalty owner connections • Oildex eliminated paper check stub processing with CDEX Complete in 2007 19802000200220042006200820102012 • Oildex purchased CDEX network in 2001 • Transitioned Checkstub Connect platform to the internet • Grew Checkstub Connect to 800 receivers , 2500 senders • In 2008, Oildex launched XML version of CDEX to capture richer check stub content • Oildex launched Stakeholder in 2013, the industry’s most intuitive portfolio management solution for royalty owners
Analyze Mineral Ownership, Leases and Revenue Data • Automated loading of payment detail and history • Manage mineral, lease & well information • Easy-to-use reports and graphs for payment analysis • Create custom groups of wells for quick review
Let’s stay connected! Jim Allison Vice President jallison@oildex.com 303.222.6111 Toll Free: 1.888.922.1222 x111 Questions?