alta mesa holdings, lp company overview

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Company Profile Report

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Company Profile Report

Empower your company with the newest and most valuable data.

Alta Mesa Holdings, LP15021 Katy Freeway4th FloorHouston, TX 77094Phone:(281) 530-0991

http://www.altamesa.net/ Alta Mesa has a large,long-lived anddiversified reservebase, with a largeinventory of low riskdevelopment projects.

Alta Mesa Focus• Cash flow • Grow reserves • Continue resource definition • Continue pace up learning curve(s) • Capture, hold acreage

OverviewAlta Mesa Holdings, LP engages in the acquisition, exploitation, exploration, and production of onshore oil and natural gas properties in the United States. The company primarily holds interests in the Sooner Trend fields located in Oklahoma; and Weeks Island field located in Iberia Parish, Louisiana. It also has interests in the Urbana, Cold Springs, and Cold Springs West in East Texas; Blackjack Creek oil field in Florida; and other fields in South Louisiana. As of December 31, 2015, it had total proved oil and natural gas reserves of approximately 78.5 MMBOE. The company was founded in 1987 and is headquartered in Houston, Texas.

Key Executives For Alta Mesa Holdings, LP

Name Title Age

Harlan H. Chappelle Chief Executive Officer of Alta Mesa Holdings GP LLC, President of Alta Mesa Holdings GP LLC and Director of Alta Mesa Holdings GP LLC

59

Michael E. Ellis Founder, Chairman of Alta Mesa Holdings GP LLC and Chief Operating Officer of Alta Mesa Holdings GP LLC

59

Michael A. McCabe Chief Financial Officer of Alta Mesa Holdings GP LLC, Vice President of Alta Mesa Holdings GP LLC and Director of Alta Mesa Holdings GP LLC

60

Gene Cole Chief Technical Officer of Alta Mesa Holdings GP LLC, Vice President of Alta Mesa Holdings GP LLC and Director of Alta Mesa Holdings GP LLC

52

Ronald J. Smith Chief Accounting Officer and Vice President --

SOONER TREND ASSET SUMMARYSTACK Play in Sooner Trend, Oklahoma:

Alta Mesa's assets in the Sooner Trend in Oklahoma are concentrated in and around large, contiguous acreage blocks with multiple productive zones at depths generally between 4,000 feet and 8,000 feet. Activity in these fields is focused on the continued implementation of a multi-year, multi-rig program to develop several pay zones with horizontal drilling and multi-stage hydraulic fracturing of the Mississippian age Osage, Meramec and Manning zones; the Pennsylvanian Oswego; and the definition of similar exploitation opportunities in the Woodford Shale, Hunton Lime, and other formations. The Company has increased its acreage position in the Sooner Trend both within, and contiguous with, its legacy acreage position which is currently over 92,000 net acres. As of June 30, 2016, the Company had four drilling rigs operating in this area with plans to potentially add one additional rig during 2016. In the second quarter of 2016, the Company completed 18 horizontal wells in the Osage formation. Six of the completed wells for the second quarter of 2016 were part of the Company's Joint Development Agreement with BCE-Stack Development LLC (BCE). Alta Mesa had 21 horizontal wells in progress as of the end of the second quarter of 2016, 11 of which were drilled as part of the BCE Joint Development Agreement. Six of the 21 horizontal wells in progress as of June 30, 2016 were on production subsequent to the end of the second quarter. Production during the second quarter of 2016 was approximately 12,300 BOE per day (73% oil and natural gas liquids), up 45% compared to approximately 8,500 BOE per day for the second quarter of 2015.