Why Argentina Unconventional resources 3rd largest in the world Established oil & gas pipeline network systems Capacity available within existing network including export pipelines Domestic prices: Oil: 70 USD/bbl Gas: 4.5…
Andes Energia Today Public listed company in: LSE-AIM BCBA & NSYE level 1 ADR Market Cap 112* MMUSD Week Volume USD/d 24-Aug-12 165,220 31-Aug-12 266,047 7-Sep-12 150,275 Balanced conventional and unconventional assets…
New Management & Board Members with large E&P expertise Nicolas Mallo Huergo - Chairman Law Degree from the Universidad Catlica Argentina, and a Master in Law (LLM.) with honors at Northwestern University School of Law, Chicago,…
Andes Energia Today 3.2 Million acres of exploration transformed into 12 MMboe reserves and 390 MMboe of prospective resources. More growth to come 6
Argentina has the 3rd largest unconventional resources potential in the world Europe 63 Bboe United States 146 China 202 Bboe Bboe North Africa 95 Bboe Mexico 115 Bboe Brazil 38 MMboe Australia 66 Bboe Argentina…
Why Andes Energia Leading exploration position in unconventional and conventional. 8
Andes Energia Assets Blocks Vega Grande La Paloma Cerro Alquitrn New Acquisitions Corralera Mata Mora Repatriacin Laguna El Loro Los Buitres irihuau Sierra Cuadrada Bak Buen Pasto La Brea Rio Senguerr El Manzano Confluencia San…
Resources Andes and its evolution 44 1,800 Paraguay with 8.1 TCF Prospective Resources [MMboe] Contingent Resources [MMboe] 40 1,500 36 1,200 32 900 28 600 24 300 20 0 2010 2011 2012E 2010 2011 2012E…
Production In permanent increase 250 200 Production [boepd] 150 100 50 0 2010 2011 2012E including recent acquisitions 12
Argentina and its unconventional resources potential Resources located in basins with production: Available main pipelines infrastructure (liquids and gas) plus treatment plants Wide spread of service companies Qualified…
Andes Energia portfolio in the Neuquen Basin Vega Grande Minas El Sosneado La Brea El Manzano Corralera Mata Mora Laguna El Loro Sources: Legaretta & Villar Sources : Legaretta & Villar Andes holds 227,769 net…
Unconventional exploration activity in Vaca Muerta & Los Molles formations Valle del Rio Grande Aguada Bocarey Vaca Muerta Vaca Muerta Drilling phase Drilling phae Corralera Vaca Muerta Production test Aguada del Chivato Vaca…
Mata Mora 147 MMboe, 20 MMboe net resources (source: Ryder Scott) Mata Mora tested oil from the Vaca Muerta fm. Currently working on a development well Vaca Muerta architecture pattern scheme with the Operator. Partnership: YPF…
Corralera 649 MMboe, 88 MMboe net resources (source: Ryder Scott) Corralera tested light oil from the Vaca Muerta fm. Vaca Muerta Currently the block is in an evaluation stage for its development and commerciality. Partnership:…
Vega Grande Reserves 2P: 4.3 MMboe* Current production 90 Vaca Muerta bopd Upside Potential for unconventional in Vaca Muerta and Agrio formations Partnership: Andes 100 % Basin: Neuqun Block Surface: 72,044 acres or 292…
La Brea Reserves 2P: 5.4Mmboe* Currently producing 60 Vaca Muerta bopd and, Holds potential for unconventional in Vaca Muerta and Agrio formations. Currently evaluation a 3D seismic campaign for its development Partnership:…
El Manzano Currently producing around 60 Vaca Muerta bopd and Holds potential for unconventional in the Vaca Muerta and Agrio formations Currently 3D seismic reinterpretation for its development Partnership: Andes: 100%…
Minas El Sosneado Reservas 2P: 1,6 Mmboe (*) Shallow target formation and easy terrain access: Vaca Muerta Drilling costs:1 MMUSD per well Low producing costs Development is ready (waiting for a reserves based loan to be…
Laguna El Loro Existing explo wells confirms the existence of the unconventional potential of the Punta Rosada formation. Conventional target formations: Quintuco/Loma Montosa, Sierras Blancas, Catriel and Precuyano. OPC…
Assets in the Golfo San Jorge Basin Exploration Blocks Conventional potential of 17 MMboe in the Castillo Fm & unconventional potential in D-129 & Neocomian Fm. Blocks with carried exploration commitment : YPF 70% (operator)…
Andes in Paraguay Chaco-Paran Basin Interesting unconventional potential. High Risk/High reward. Low entrance cost. Shale Gas Resources of 67 TCF(source:eia) 24
The Unconventional Unconventional acreage in Potential of the ChacoParan Basin Chaco Paran Repatriacin Block has the San Alfredo Group with high unconventional potential (Fuente EIA & Sources Diamond Star) TCF 8,1 Adjacent…
Tentative work program in operated assets with flowing production 1H13 2H13 1H14 H14 Area J F M A M J J A S O N D J F M A M J J A S O N D 3D seismic 3D seismic 3D seismic acquisition reprocessing interpretation Vega Grande Work…
Why Andes Energia Actual Production 200 bopd 3,2 MM acres net in assets Resources for 390 MMboe Reserves 2P for 12 Mmboe Assets situated in the best places for unconventional in South America Vaca Muerta Los Molles Neuqun…