Diversified base production Dec 13 10,550 boepd(1) Portfolio 5 basins / 7 fields Enterprise value US 707 mm 2P reserves + DV 41 mmboe / US 846 mm(2) Long reserve life 9 years Exploration upside Portfolio 25 blocks / 1.9…
Ecuador 22% 47 gross wells (15 net) + 13 workovers Diversified across 5 basins in Colombia and Ecuador Colombia 78% 36 gross development wells Calendar 14e 11,500-12,500 boepd(1) Y/Y growth 30-40% 70% oil / 30% gas 11…
Nearly triple production from existing 2P reserves + DV 2P reserves over the next 3 years 2,500.0 41 mmboe / US 846 mm 50,000 Pre-royalty avg net 81 production (boepd) Exploration upside 2,000.0 210 mmboe / US 2,335 mm 708…
Conservative guidance targeting Production and netback growth driven 11,500 12,500 boepd for calendar 14e by VMM 2 and LLA 23 (65/bbl netbacks) 5 basins / 7 fields 12,000 40 11,000 35 10,000 30 9,000 8,000 25 7,000…
Labrador, Dec 12 discovery Leono, Dec 13 discovery Tested 4 wells 620 - 1,466 net bopd Tested 2 wells 1,490 - 2,406 net bopd 14e activities Drill 1 development well (Lab-4) 14e activities Drill 3 development and 1 exploration well…
VMM 2 VMM 2 Santa Isabel MA-1 VMM Jan 13, Mono Araa-1 discovery at VMM 2 2 Colorado pipeline Shallow conventional VMM Mugrosa WI 40% 3 40% WI shallow Operator Vetra E&P Conventional Esmeraldas Net oil pay (Lisama)…
VMM 2 40% WI 100 mmbls OOIP(1) Jun 14e 6k/2,400 bopd 25 / 10 mmbls(2) MA-1 MA-2 Wrapping 72 ft pay up MA-5 5 U Lisama 2 for 2 1 MA-1A at MA next 2 85 ft pay 172 ft pay U+ L Lisama B Lisama 6 3 4 21 API Tested 1k…
Esperanza Esperanza 100% WI pipeline Solid LT gas contracts + strong pricing / Cana netback + minimal development capital Flecha Arianna Asset ranks in the top 5% in Colombian reserve life Katana 2P reserves 22.6 mmboe(1) Jobo 2…
25% WI in JV 2P deemed volumes of 4 mmbls(1) Mature fields w/ 15-yr risked service contract Net incremental 10.5 mmbls over contract life Producing 30 years / 130 wells Partners Tecpetrol, Schlumberger, 18,000 Current 16,874 bopd…
Santa 1 3 Isabel VMM 2 The motivation is crystal clear 2 VMM 3 93 12, Colombias oil reserve life has decreased from 19 7 years N Shale solution to Colombias reserves Canacol has the 2nd largest shale land position in Colombia…
Rosablanca Sweet Buturama 1-4 Catalina-1 spot Produced 500k+ bbls Tested 7,820 bopd La Luna Santa Olivo-1 Isabel Tested 6,400 bopd defined shale oil area(1) La Luna VMM 2 Totumal 1-5 OP-1 Produced 800k bbls 14e: 11 wells…
Santa ROSA Isabel OP-1 ROSA + VMM 2 LUNA Ongoing conventional production test of thick, tectonically-induced fractured shale MA-1 re-entry LUNA Expansive volume of unfractured shale VMM 3 best suited for frac-induced…
VMM 2 deep (20% WI) Deep pursuit Operator Exxon MA-1 re-entry of La Luna top 3D seismic 86 km2 Jan 13 discovery Mono Araa-1 Significant overpressure representing hydrocarbon- Net oil pay generative and potentially productive shale…
Wells drilled 08: 1.8 billion barrel discovery at Capella(1) WI 10% Operator Sinochem 6 2P reserves, net 6.3 mmbls(2) Well drilled 32 14e activities 22 development wells 7 8 3 workovers 1 exploration (Chipo-1) Chipo-1…
14e Total Q 1 14e Q 2 14e Q 3 14e Q 4 14e Wells Resources(1) LIGHT LLA 23: Pantro, Pointer, Tigro 3 8.4/5.4 mmbls CLT: Guepardo 1 1.3/0.7 Santa Isabel: Morsa 1 0.3/0.2 Exploration upside Ecuador: Secoya Oeste 1 1.0/0.4…
TSX (CNE), BVC (CNEC), OTCQX (CNNEF) Investment summary In mm Team with 60-yr combined operating history Shares outstanding 89.1 in focus countries (Colombia and Ecuador) Dilutive securities 2.9 (1) 92.0 Calendar 14e 11,500 - 12,500…
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