Operational Update Operational Update April 2015 April 2015 0
Company Highlights Producing 330 bbls/d to PNA W.I. from two discoveries in the Llanos Basin1,2 , to PNA W.I. 2P reserves of 6 3 mmbbls1,3 2P reserves of 6,3 mmbbls to PNA W I Cagun C Putumayo Basin i Best estimate W.I.…
Llanos Basin: CPO7 & CPO13 Total 1,094,689 gross acres Operator: Tecpecol; PNA 20% W.I. ANH contracts, X factors: CPO7: 47% CPO13: 32% 3
CPO13 & CPO7 Blocks Located in one of the most prolific areas in the Llanos Basin Caracara PNA holds a 20% W.I. in both the 0 15 30 45 km 40 MMbbl 2P Reserves1; 18.4 Mbbl/d as at 20132 CPO13 and CPO7 Blocks Source: 1 CEPSA, Nota…
CPO13: Two Discoveries, Extraordinary Potential Pendare Discovery and Trend Carbonera Basal Sands Paleozoic Isochrone Map Pendare accumulation appears to be larger than currently mapped and span from Cao Sur to south of CPO span…
CPO13 Block In the Heart of the Heavy Oil Belt Pendare Discovery Pendare W.I. Production (bbls/d)1 Currently producing 170 bbls/d, 13.6 API, to PNAs W.I. from Pendare 3H well as at April 20151 Pendare6 appraisal well confirms…
CPO13 Block In the Heart of the Heavy Oil Belt El Tigre Area Recently completed two well drilling Recently completed two well drilling campaign: Tillava Este1 and Tillava Sur1 El Embrujo1 Qui35 QUIFA SW Tillava Este1 electrical…
CPO13 Block. Next Steps 1240000 1260000 1280000 940000 940000 J Next Steps M QUIFA Upgrade Pendare surface facilities to increase production capacity with existing wells. 920000 920000 CPO 13 CAO SUR…
CPO7: Atarraya Discovery CPO7 Highlights PetroNova holds a 20% W.I. (Operator: Tecpetrol) Best estimate prospective resources of 4.6 mmbbl to PNAs W.I.2 Atarraya Discovery Producing 160 bbls/d 23 API to PetroNovas W.I. from…
CPO07: Next Steps Next Steps A Complete 3D seismic interpretation of the Atarraya E discovery Ocelote Field Complete 2D seismic Complete 2D seismic Caracara Atarraya interpretation on the rest of the Field Field Block 9…
CagunPutumayo Basin: Tinigua 105,471 gross acres Operator: PetroNova, 40% W.I. ANH contract (no X factor) 63 mmbl net prospective resources 63 mmbl net prospective resources 11
Tinigua Block LLANOS BASIN LLANOS BASIN Transition Zone (Mirador & Upper Cretaceous) MMBO BOPD API () A Cupiagua 700 24,863 4246 A B Cusiana 700 8,267 4344 C Apiay 445 13,596 917;24.6 B D Chichimene 77 43,477 911; 1724.2 E Castilla…
Tinigua Block Tinigua Caimo Operated by PetroNova (40% W.I.) Prospect Lead 105,471 gross acres, no X factor % Tinigua prospect identified after reprocessing prospect identified after reprocessing and interpreting the 294 km 2D…
Tinigua: Operational Update & Next Steps 109 km2 of 3D seismic completed in May 2012; preliminary well location selected Obtained environmental license to drill up to 20 exploratory wells from 5 different locations Socialization…
CagunPutumayo Basin: PUT2 96,666 gross acres Operator: PetroNova, 75% W.I. Operator: PetroNova, 75% W.I. ANH contract (1% X factor) 42 mmbl net prospective resources 15
PUT2 Block Operated by PetroNova (75% W.I.) 96,666 gross acres, X factor: 1% Putumayo is the northern extension of Putumayo is the northern extension of Oriente Basin and one of Colombias most prolific basins; neighbors include…
PUT2 Prospects PNA WI Unrisked Prospective Time Structural Map Prospect Resources (mmbbl) Upper U Sand Villeta Formation LOW BEST HIGH CANELO NORTE1 0,24 0,80 2,30 Canelo Norte CANELO SUR1 0,78 , 4,01 , 8,92 , Canelo Sur…
PUT2. Next Steps Next Steps Reinterpretate 3D seismic in the Canelo Norte north east area of the block northeast area of the block. Canelo Sur Sur2 Canelo Sur1 Sur Reinterpretate 2D seismic in the South and Central area…
Financial Highlights Current Assets (as of December 31, 2014)1: 14.0 mm Financial Debt (as of December 31, 2014): 2.2 mm Selected figures as of December 31, 2014: Cash and cash equivalents Cash and cash equivalents 7.7 mm 7 7…
Capitalization PNAs shares began trading on the TSX Venture Exchange on December 21, 2010 20.0 mm funded by insiders and business associates in 2009 10.0 mm through private placement in June 2010 65.4 mm through an IPO in December…
Social Responsibility SOCIAL INVESTMENT GUIDELINES Concerted process (community, authorities Local & company) & company) Authorities Communityy Authorities Local communities need to be educated Projects have to improve local…
Disciplined Path Towards Growth Outlook Upgrade Pendare surface facilities to increase production capacity with current wells. Continue extended test of existing it ith t ll C ti t d d t t f i ti wells and incorporate Pendare6.…
The Opportunity Extensive and diversified exploration portfolio covering more than 1.29 million acres Significant Pendare discovery with 5.3 PNA W.I. proven reserves and large growth potential with 50.2 certified PNA W.I.…
Management, Directors & Corporate Information Management Team Board of Directors Corporate Information Antonio J. Vincentelli, Judy Stripling Ernst & Young LLP President & CEO Former CFO Pace Oil & Gas Ltd. Auditors Former President,…