U.S. Gulf of Mexico oil and gas output increasing after hurricane

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1 Prior Day s NYMEX NOV-18 Contract (CT) 8: 8:45 9:3 1:15 11: 11:45 12:3 13:15 NYMEX NG Futures 14: Nov (.61) Dec (.53) Jan (.46) Feb (.39) Mar (.25) Apr (.9) May (.5) Jun (.3) Jul (.2) Aug (.2) Sep (.2) Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct YR Strip (.21) (.57) 5YR Strip 2.75 (.3) I N T H E N E W S Nine injured in natural gas line explosion at Chesapeake home WTKR reported: CHESAPEAKE, Va. - A house burst into flames in the 25 block of Lofurno Road Sunday evening. Crews were dispatched at 5:44 p.m. after several calls reporting that a house had exploded. Units arrived three minutes later to find the singlefamily home suffering from "devastating" damage and on fire. A Nine injured in natural gas line explosion at Chesapeake home U.S. Gulf of Mexico oil and gas output increasing after hurricane tree and neighboring house were also on fire. The Incident Commander immediately called for a second alarm to bring additional resources to the scene. A natural gas line caused the explosion, according to the Chesapeake Fire Department. Viewers tell News 3 the "massive explosion" could be felt from blocks away. News 3's Aleah Hordges spoke with a neighbor next door who helped rescue two homeowners who were inside after the explosion. He said it happened right before his eyes. For more on this story visit wtkr.com or click U.S. Gulf of Mexico oil and gas output increasing after hurricane Reuters reported: U.S. Gulf of Mexico oil and gas production is returning to near normal levels following Hurricane Michael, data from an offshore regulator showed on Sunday, with oil output off 15.8 percent and natural gas production down less than 1 percent. The Bureau of Safety and Environmental Enforcement (BSEE) also said in a midday update on Sunday that all oil and gas operators have returned to their production platforms. It can take several days after a storm passes to inspect platforms for damages, fully return crews and restore production after wells are shutin ahead of a storm. Michael entered the Gulf as a tropical storm and quickly spun into a major hurricane, producing rough seas and winds of up to 155 miles per hour (25 kph) when it made landfall as a Category 4 storm near Panama City, Florida, on Wednesday. The Gulf production still offline on Saturday morning represented 268,824 barrels per day of oil production and 227 million cubic feet per day of natural gas output, BSEE reported from a survey of 17 oil and gas producers. For more on this story visit reuters.org or click M O N T H C A N D L E S T I C K ( W E E K L Y ) Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 Prompt Natural Gas (NG) Daily Sentiment BULLISH RESISTANCE 3.24 & 3.32 SUPPORT 3.11 & 3.6 Trading Summary NATURAL GAS Futures Close Change NG (.61) Volume 56,715 (433,37) Open Int. 1,626,588 (27,865) CRUDE AND GASOLINE Futures Close Change Crude RBOB Crude/NG METALS Futures Close Change Gold 1, EQUITIES Exchange Close Change DOW 25, (46.21) S&P 5-1,361.2 (8.25) CURRENCY Currency Close Change EUR/USD USD/CND (.13) Contact Us Mansfield Energy Corp 125 Airport Pkwy Gainesville, GA info@mansfieldoil.com Phone: (8)

2 W E E K L Y G A S I N U N D E R G R O U N D S T O R A G E W I T H 5 - Y R R A N G E Release Date: August 2, 218 T R O P I C A L S T O R M A C T I V I T Y A T L A N T I C Rig Count Report Date: October 12, 218 Total Change US - 1, CN EIA Weekly NG Storage Actual and Surveys for October 12, 218 Released October 11, 218 Range +71 to +9 PIRA +89 CITI +88 Reuters +87 Tropical Weather Outlook NWS National Hurricane Center Miami FL 8 AM EDT Mon Oct For the North Atlantic...Caribbean Sea and the Gulf of Mexico: 1. Showers and thunderstorms associated with a broad area of low pressure located over the southwestern Caribbean Sea are showing some signs of organization. The system is moving westnorthwestward, and it is possible that it could become a tropical depression before it moves inland over Central America by Tuesday. Regardless of development, locally heavy rainfall, which could cause flash flooding, is possible across portions of Central America for much of the week. * Formation chance through 48 hours...medium...4 percent. * Formation chance through 5 days...medium...4 percent. EIA ACTUAL +46 Total Working Gas In Storage 2956 BCF +9 BCF (LAST WEEK) (627) BCF (LAST YEAR) (67) BCF (5-YR AVG) U.S. Natural Gas Supply Gas Week 1/4 1/1 Average daily values (BCF/D): Last Year (BCF/d) Dry Production Total Supply +8.3 Last Week (BCF/d) Dry Production Total Supply +9.8 [NEXT REPORT ON Oct 22] U.S. Natural Gas Demand Gas Week 1/4 1/1 Average daily values (BCF/D): Last Year (BCF/d) Power Total Demand Last Week (BCF/d) Power Total Demand [NEXT REPORT ON Oct 22] Page 2

3 N A T U R A L G A S B A S I S F U T U R E S, H E N R Y H U B S P O T P R I C E S, A N D F O R W A R D C U R V E NYMEX WTI Delivery Month Average ($/bbl) (Excluding Weekends and Holidays) Sumas Basis (platts Iferc) /12/218 1/5/218 9/12/ Michcon Basis (platts Iferc) Transco Zone 6 Basis (platts Iferc) /12/218 1/5/218 9/12/218 1/12/218 1/5/218 9/12/ San Juan Basis (platts Iferc) 1 1 1/12/218 1/5/218 9/12/ Waha Basis (platts Iferc) 1 1 1/12/218 1/5/218 9/12/ Month: October 218 Day Price Day Price Average (Oct) (through 1/12/218) Average (Sep) Average (Aug) Transco Zone 4 Basis (platts Iferc) 1/12/218 1/5/218 9/12/218 CME NG Option Prices ATM Call CME NG Option Prices ATM Put /1/219 2/1/22 12/1/22 1/1/221 3/1/222 8/1/222 1/1/223 6/1/223 11/1/223 4/1/224 9/1/224 2/1/225 7/1/225 12/1/225 5/1/226 1/1/226 3/1/227 Henry Hub Daily Spot Price OCT 218 SEP 218 AUG NYMEX Natural Gas Forward Curve /12/218 1/5/218 9/12/218 Month Strike Close Imp Vol Dec-18 Jan Feb-19 Mar-19 Apr-19 Dec-18 Jan Feb-19 Mar-19 Apr-19 Page 3

4 W E A T H E R H I G H / L O W T E M P E R A T U R E T O M O R R O W HIGH Temperature LOW Temperature W E A T H E R 6 T O 1 D A Y O U T L O O K N O A A Temperature Precipitation W E A T H E R 8 T O 1 4 D A Y O U T L O O K N O A A Temperature Precipitation Page 4

5 E T H A N E F U T U R E S, N G / E T H A N E R A T I O, P R O P A N E F U T U R E S, A N D T H E F R A C S P R E A D CME Future Prices 1 1 Ethane Futures 1/12/218 1/5/218 9/12/ Ethane / Natural Gas Ratio 12/1/218 2/1/219 4/1/219 6/1/219 8/1/219 1/1/ /1/219 2/1/ /12/218 1/5/218 9/12/218 CME Future Prices Propane (C3) Non-LDH Mont Belvieu /1/218 2/1/219 4/1/219 6/1/219 8/1/219 1/1/ /1/219 2/1/22 Propane Futures 1/12/218 1/5/218 9/12/ Frac Spread 1/12/218 1/5/218 9/12/218 (cents/gallon) Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct YR Strip (cents/gallon) Nov Dec Jan Feb (.1) Mar (.1) Apr (.2) May (.3) Jun (.4) Jul (.4) Aug (.4) Sep (.4) Oct (.4) 1YR Strip.94 (.2) Page 5

6 12/1/218 4/1/219 8/1/219 12/1/219 4/1/22 8/1/22 12/1/22 4/1/221 8/1/221 12/1/221 4/1/222 8/1/222 12/1/222 4/1/223 8/1/223 12/1/223 4/1/224 8/1/224 4/1/219 2/1/22 12/1/22 1/1/221 3/1/222 8/1/222 1/1/223 6/1/223 11/1/223 4/1/224 9/1/224 2/1/225 7/1/225 12/1/225 5/1/226 1/1/226 3/1/227 12/1/218 4/1/219 8/1/219 12/1/219 4/1/22 8/1/22 12/1/22 4/1/221 8/1/221 12/1/221 4/1/222 8/1/222 12/1/222 4/1/223 8/1/223 12/1/223 4/1/224 8/1/224 12/1/224 4/1/225 8/1/225 Prompt WTI (CL) Crude Daily Sentiment BULLISH RESISTANCE 72.2 & 72.7 SUPPORT 7.65 & FOLLOW US ON NYMEX Brent (BZ) Futures Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep (.1) Oct (.3) 1YR Strip YR Strip 64. (.7) B R E N T C R U D E F O R W A R D C U R V E W T I C R U D E F O R W A R D C U R V E WTI B R E N T S P R E A D (1) (2) (3) (4) (5) (6) (7) (8) (9) (1) (11) (12) 1/12/218 1/5/218 9/12/218 1/12/218 1/5/218 9/12/218 1/12/218 1/5/218 9/12/218 FRAC Spread Specifications Ethane : 42% Propane: 28% Butane: 11% 66,5 btu/g 9,83 btu/g 12,916 btu/g Iso-Butane: 6% 98,935 btu/g Natural Gasoline: 13% 115,21 btu/g Prompt NGL Futures Nov-18 Butane Iso-Butane Nat Gasoline Close Change NYMEX WTI (CL) Futures Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May (.2) Jun (.3) Jul (.5) Aug (.6) Sep (.8) Oct (.1) Nov (.11) 1YR Strip YR Strip 72. (.8) Page 6