Diversified production 2P reserves + DV 43 MMboe / US 887 MM(1) Reserve life 9 years Production 2Q14 12,212 net average boepd Enterprise value US 432 MM 14 program 56 wells 13 exploration (5 remaining) 43 development (8…
35,000 boepd for 2016 PRODUCTION FROM RISKED EXPORATION 50,000 PROSPECTS 200 MMboe of net risked prospective 40,000 resources NPV-10 2.3 billion 21/share 30,000 PRODUCTION FROM 20,000 13 EXISTING FIELDS 43 MMboe of…
14e guidance 43 MMboe 13,000 to 14,000 boepd Oil (23 MMbls or 53%) Gas (20 MMboe or 47%) 13,500 45 12,000 40 10,500 35 Ecuador 12-15% decline/yr 9,000 30 7,500 25 Capella Esperanza 9 yr. 6,000 20 10-15% decline/yr 10-15%…
Barranquilla Lower Mag From 18 MMcf/d to 83 MMcf/d in late 15 Cartagena Proposed: Commitment Price EBITDA Promigas pipeline Cerro Matoso 18 MMcf/d 4 / Mbtu 30 MM loop Dec 15 first sales New contract 1 35 5.40 65 New contract 2…
Lower Mag Esperanza E&P contract (100% WI) Nelson gas field 2P reserves 113 bcf(1) Current production 18 MMcf/d A gem in a short reserve life universe Nelson field 17 yrs pipeline Colombia (country) 7 yrs 2.4x Cana Flecha…
3D Leono Pantro 08 Tigro Rancho Hermoso Field 13 for 13 LLA 23 15,000 net bopd (at peak) 90% WI 12 3D Labrador, Leono, Pantro 10 MMbls(1) Tigro Fields 3 development wells left in 14 14 Maltes Maltes and Pastor 4 MMbls(2) Lab…
Las Maracas 12 MMbls L P T LLA 23 may offer 40 MMbls of remaining Cravo S prospective resources(1) 9 MMbls 3D Cravo E 8 MMbls Macarenas 3D 6 MMbls 1H15 exploration drilling is covered by 3D seismic L SEISMIC…
VMM 2 Santa 1 3 Isabel 2 VMM 3 Canacol has 545k net acres and the 2nd largest shale land position in Colombia N New D&M Report reveals large upside present for Canacol(1) S Covers only 3 of 7 prospective shale oil blocks COR 39…
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 Mono Araa-1 LT…
14e Total Q 4 14e Prospective Wells Resources(1) LIGHT LLA 23: Maltes, Pastor 2 3.5/1.5 MMbls Exploration upside SHALE VMM 3: Picoplata 1 54.8/13.7 GAS Esperanza: Corozo, Canandonga 2 16.7/7.6 5 75/23 MMboe…
TSX (CNE), BVC (CNEC), OTCQX (CNNEF) Investment summary In mm Team with 50-yr combined operating Shares outstanding 107.7 history in Colombia Dilutive securities 0.2 (1) 107.9 Calendar 14e 13,000 - 14,000 boepd USD in mm Market…
WI Lower Magdalena Basin, Colombia 1. VIM 21 100% 1,2 2. Esperanza 100% 3 4 Magdalenas Basins, Colombia 5 3. Santa Isabel - shallow 100% 3. Santa Isabel - deep 30% 4. VMM 2 - shallow 40% 4. VMM 2 - deep 20% 5. VMM 3 20% 10…