Falcon Minerals Corp - FORM 8-K - EX-99.2 - SELECTED HISTORICAL INTERIM CONDENSED CONSOLIDATED FINANCIAL INFORMATION OF ROYA - August 29, 2018

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EX-99.6 - UNAUDITED PRO FORMA CONDENSED CONSOLIDATED COMBINED FINANCIAL INFORMATION OF FAL - Falcon Minerals Corpf8k082318aex99-6_falcon.htm
EX-99.4 - UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS OF ROYAL RESOURCES L.P. AS - Falcon Minerals Corpf8k082318aex99-4_falcon.htm
EX-99.3 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERA - Falcon Minerals Corpf8k082318aex99-3_falcon.htm
EX-99.1 - DESCRIPTION OF THE COMPANY'S BUSINESS - Falcon Minerals Corpf8k082318aex99-1_falcon.htm
EX-16.1 - LETTER FROM MARCUM LLP TO THE U.S. SECURITIES AND EXCHANGE COMMISSION DATED [ ] - Falcon Minerals Corpf8k082318aex16-1_falcon.htm
EX-10.5 - MASTER MANAGEMENT SERVICES AGREEMENT - Falcon Minerals Corpf8k082318aex10-5_falcon.htm
EX-10.4 - SECOND AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF FALCON MINERALS - Falcon Minerals Corpf8k082318aex10-4_falcon.htm
EX-10.3 - FORM OF INDEMNIFICATION AGREEMENT - Falcon Minerals Corpf8k082318aex10-3_falcon.htm
EX-10.2 - CREDIT AGREEMENT, DATED AS OF AUGUST 23, 2018 - Falcon Minerals Corpf8k082318aex10-2_falcon.htm
EX-10.1 - FALCON MINERALS CORPORATION 2018 LONG-TERM INCENTIVE PLAN - Falcon Minerals Corpf8k082318aex10-1_falcon.htm
EX-4.2 - REGISTRATION RIGHTS AGREEMENT DATED AS OF AUGUST 23, 2018 - Falcon Minerals Corpf8k082318aex4-2_falcon.htm
EX-4.1 - SHAREHOLDERS' AGREEMENT DATED AS OF AUGUST 23, 2018 - Falcon Minerals Corpf8k082318aex4-1_falcon.htm
EX-3.2 - AMENDED AND RESTATED BYLAWS OF FALCON MINERALS CORPORATION , DATED AS OF AUGUST - Falcon Minerals Corpf8k082318aex3-2_falcon.htm
EX-3.1 - SECOND AMENDED AND RESTATED CERTIFICATE OF INCORPORATION OF FALCON MINERALS CORP - Falcon Minerals Corpf8k082318aex3-1_falcon.htm
8-K - CURRENT REPORT - Falcon Minerals Corpf8k082318a_falconmin.htm

Exhibit 99.2

 

SELECTED HISTORICAL FINANCIAL INFORMATION OF ROYAL

 

The following table shows selected historical financial information of Royal for the periods and as of the dates indicated. The selected historical consolidated financial information of Royal as of December 31, 2017 and 2016 and for the years ended December 31, 2017, 2016 and 2015 was derived from the audited historical consolidated financial statements of Royal included elsewhere in this proxy statement. The selected historical interim condensed consolidated financial information of Royal as of June 30, 2018 and for the six months months ended June 30, 2018 and 2017 was derived from the unaudited interim condensed consolidated financial statements of Royal included elsewhere in the Form 8-K. The summary unaudited pro forma financial data as of June 30, 2018 and for the year and six months ended December 31, 2017 and June 30, 2018, respectively, has been prepared to present the Royal entities being contributed in the transaction described in the Proxy Statement. Please see the section elsewhere in the Form 8-K entitled “Unaudited Pro Forma Condensed Consolidated Combined Financial Information of Osprey.

 

Royal’s historical results are not necessarily indicative of future operating results. In addition, the selected historical financial information below includes the results of operations from certain assets, which Osprey will not acquire in the business combination. The selected consolidated and combined financial information should be read in conjunction with “Management’s Discussion and Analysis of Financial Condition and Results of Operations of Royal,” as well as the historical consolidated and combined financial statements of Royal and accompanying notes included elsewhere in the Form 8-K.

 

   Pro Forma Royal Contributed Entities   Royal Historical   Pro Forma Royal Contributed Entities   Royal Historical 
   Year Ended December 31,   Year Ended
December 31,		   Six Months ended
June 30,		   Six Months Ended
June 30,		 
   2017   2017   2016   2015   2018   2018   2017 
                         
Operating Results:                        
Revenues:                        
Oil and Gas Sales  $61,365   $104,321   $73,579   $108,018   $47,183   $53,295   $54,396 
Realized gain on hedging activities   391    751    197    -    (206)   (206)   387 
Unrealized gain (loss) on hedging activities   541    1,040    (1,040)   -    (1,708)   (1,708)   1,567 
Total Revenues   62,296    106,112    72,736    108,018    45,269    51,381    56,352 
Costs and Expenses:                                   
Production and ad valorem taxes   3,266    5,980    4,768    6,527    2,463    2,972    3,205 
Lease operating expense   –    674    440    273    -    396    263 
Marketing and transportation   3,127    6,926    6,747    7,946    891    1,173    3,909 
Amortization of royalty and working interests in oil and natural gas properties   17,896    37,085    37,255    46,533    8,685    10,078    21,410 
General, administrative and other   6,018    8,450    6,309    12,175    2,624    6,153    3,140 
Total costs and expenses   30,308    59,115    55,529    73,454    14,663    20,772    31,927 
                                    
Other Income and (Expense):                                   
Gain on sale of assets   –    31,441    –    -    -    41,382    - 
Other income   60    34    823    436    -    -    2 
Interest expense   (1,445)   (2,799)   (3,250)   (5,462)   (1,043)   (1,074)   (1,343)
Total other income (expense):   (1,385)   28,676    (2,427)   (5,026)   (1,043)   40,308    (1,341)
                                    
Net Income:
Production Data:		   30,604    75,673    14,780    29,538    29,564    70,917    23,084 
Net income attributable to noncontrolling interest   (134)   (155)   (69)   (97)   (81)   (95)   (61)
Net Income attributable to Royal Resources, LP   30,470   $75,518   $14,711   $29,441   $29,483   $70,822   $23,023 
Balance Sheet Data:                                   
Cash and cash equivalents       $10,497   $8,048             $35,388      
Total assets       $352,483   $435,897             $289,120      
Total debt       $57,741   $58,646             $31,772      
Total liabilities and owners’ equity       $352,483   $435,897             $289,120      

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