Company presentation Pareto conference 11th September 2014 1
Recent developments Norway, Oslo Puli C development program mixed results, upside remains Headquarter Disappointed with production development, but remain confident in asset potential Colombia, Puli-C & exploration Main reason…
Actions taken As a consequence of these results the following actions have been taken: Altair Revised investment plan in order to realize high- potential LLA-47 exploration option in early 2015 Substantial strengthening of…
Revised strategy Revised strategy 2014: Lince-Leopardo Drill the Lince-Leopardo prospect on LLA-47: Aim to start drilling in December 2014 2015 plan: New models and increased organizational strength will enable Interoil to…
New drilling strategy Interoil has the opportunity to test the exploration option in the short term by drilling one well on the Western trend (Lince-Leopardo) of LLA-47 The geological probability of success (PoS) has been…
Clear trends identified in prospective neighborhood Copas - C3, C5 y C7 Remaches - C5 Mapache - 9390 BOPD - API 32 to 757 BOPD - API C7/Mirador 40 33.9 677 BOPD - API 34 4.3+3.2+3.1 MMBbls 5.1+3.9 MMBbls 2.58 MMBbls 2000…
LLA-47 Interpretation results Seismic processing with encouraging results Several opportunities mapped: C3 12 opportunities in one Tertiary C7 K1 reservoir K2. 15 opportunities in one Cretaceous reservoir Another 4…
Lince-Leopardo opportunity Northwestern area of block 48% probability of success, reflecting: P10 P50 El Duya Reservoir: The presence and quality is confirmed from surrounding fields P90 Trap: Confirmed by 3D seismic and…