PETROAMERICA, A COLOMBIAN GROWTH STORY EXPLORE FIND DEVELOP GROW Significant land New Quinde oil 4 oil fields under Accretive Suroco base 1 million discovery in development in acquisition brings gross acres, with Putumayo…
Petroamerica A SNAPSHOT Operations 2014 Revised Petroamerica +Suroco post transaction 6,600 boepd1 Guidance 2014 Exit Rate 7,400 boepd1 Petroamerica Year end 2013 4.9 MMboe2 Reserves 2P Suroco Mid-Year 2014 5.9 MMboe3…
Petroamerica TRANSFORMED Recent transactions, Suroco in particular, have re-positioned Petroamerica for renewed growth Diversified and strengthened the asset base Doubles 2P reserve base at accretive price and increases Reserve…
FOCUSED Portfolio Approach LLA-10 with Dominant Putumayo Position El Porton Asset base focused over two basins Los Ocarros 12 blocks covering more than LLA-19 El Eden 1 million gross acres Diversified production base exiting…
Suroco Acquisition Suroco acquired for US127 MM 95% of 2P after tax value Zero cost for exploration upside Dominant position in basin-opening play type Operatorship opportunity Suroco Metrics 21.73 per 2P barrel 95% of 2P NAV…
2014 Updated Guidance (PTA + Suroco Post Transaction) Q1 2014 Q2 2014 Q3 2014 Q4 2014 Full Year 2014 Estimated Full Year Average Production 6,600 bopd 6,478 6,513 6,064 2 7457 2 6,628 2 Development US22 MM 2014 Estimated Cash…
3 Year Production Growth Target Unrisked Exploration Risked Exploration Acquisition Putumayo 2P Llanos 2P 8 8 TSX-V: PTA
EXPLORE Exploration Catalysts Across the Portfolio LLA-10 High Impact Exploration El Porton Llanos Basin Los Ocarros LLA-19 Conventional Llanos Foreland El Eden low risk - 2 wells Balay Llanos Low-side Fault Closure Play…
EXPLORE Near Term Drilling Llanos Conventional Play Los Ocarros (50% WI) Zampoa-1 (Q4 2014) Los Ocarros Satellite to Las Maracas Field Block 3D seismic coverage Zampoa-1 Targeting Pmean WI Las Maracas Field 1.35 MMbbls1…
EXPLORE Near Term Drilling Low-side Fault Closure Play LLA19 (50% WI) New farmin block 2014 LLA-10 Block Langur-1 (Q4 2014) Multiple reservoir targets Garza Roja-1 3D seismic coverage De-risked by Tierra-Blanca Sur-1 (oil pay…
EXPLORE Dominating the N Sand Play in the Putumayo N Sand play is a seismically driven amplitude play Play successfully developed in northern Ecuador in mid 90s Put 2 Play extension into Colombia proved by Cohembi and Quinde…
EXPLORE Near Term Drilling Putumayo N Sand Play Suroriente (15.8% WI) Cohembi North-1 (Q1 2015) Low risk satellite to Cohembi Field Alea 1848 Targeting Pmean WI 0.62 MMBbls1 Amarillo Block Trampa Mixta Diamante-1 (Q1 2015) Low…
Exploration Catalysts NEXT SIX MONTHS 29 MILLION BARRELS TARGETED1 Cohembi North-1 & Diamante-1 Crypto-1 Garza Roja-1 N reflector amplitude Cohembi Top Mirador Top Mirador North Time Time Map Cohembi Field Development…
FIND & DEVELOP Appraisal & Development Llanos basin Discoveries under Appraisal La Casona (40% WI) Light oil/condensate, Mirador, Gacheta & Curiara Ramiriqui-1 Area Los Uni reservoirs, 2 wells & gas compression 2,525 bopd 130 ft…
DEVELOP Las Maracas Field Stacked reservoirs Une, Gacheta & Gacheta Mirador Light 29-37 API oil LM-8 Production performance exceeded LM-1 W LM-3 expectations LM-2ST1 LM-9 LM-4 GOING FORWARD LM-11 LM-10 Managing field…
FIND & DEVELOP Quinde Area High Impact Growth for 2014 Putumayo Basin Discoveries under appraisal Quinde East (15.8% WI) Quinde East Discovery Fields under development Quinde West Cohembi (15.8% WI) Discovery Pinuna U & T…
DEVELOP Cohembi Field Approaching Full Development Cohembi Oilfield 136 million barrels of Oil-in-Place1 a diamond in the rough 23% Recovery Factor basis for 2P reserves 34% Recovery Factor target for water flood, 44% for polymer…
DEVELOP Quinde A New Concept Discovery Cohembi learning led to discovery of Quinde West PUT-7 (50% WI) Suroriente field (15.8% WI) Quinde East discovery confirmed purely stratigraphic nature of N Sand play Quinde seismic…
GROW Growth Plan & Near-term Catalysts 2014 2015 3 to 5 year term Well Type Block WI Well Q4 Q1 LLA-19 50% Langur-1 Targeting 20,000 to 30,000 El Porton 50% Crypto-1 boepd1 Los Ocarros 50% Zampoa-1 Reserve Life Index 5 years…
Petroamericas New Value Proposition Self funded growth Low risk conventional Llanos exploration & production upside (the engine) Exceptional exploration upside in new plays: (i) Llanos low-side fault closure play and (ii) Putumayo N…
Executive Management & Board of Directors Executive Management Board of Directors Jeffrey S. Boyce Executive Chairman Jeffrey S. Boyce Senior oil and gas executive with over 35 years of Nelson Navarrete domestic and international…
Capital & Debt Structure at August 31, 2014 2 23 3 TSX-V: PTA
Suroco Acquisition By The Numbers Working Interest Reserves1 Summary 1 PTA Dec 2013 SRN Jun 2014 Pro Forma Reserves1 Percent Oil Reserves2 Percent Oil Reserves Growth Percent Oil (MMboe) (%) (MMboe) (%) (MMboe) (% ) (%) Proved 3.1…
Cao Limon Coveas 240,000 bopd CrudeOil Marketing Crude Bicentennial Marketing 450,000 bopd Phase 1 Phase 2 & Transport Phase 3 ODC 205,000 bopd Barrancabermeia Vasconia Ocensa 556,000 bopd Guaduas Hidrocasanare…
Crude Oil Marketing Crude Oil Marketing Llanos Putumayo Diversified markets Historical Trucking 60% of sales linked to Brent, 40% to Multiple delivery points: Orito (OTA, OSO Vasconia pipelines), Babillas, Dina, Guaduas, Vasconia…
Contracts Summary PTA Additional Unfulfilled Work Block Operator Working Gross Acres (net) Current Phase Phase Expiry Royalty Commitments Interest Balay Perenco 45% 15% 1,776 (266) Commercial 06-Mar-36 0% NA Phase 1 of Subsequent…
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