Value Drivers Oil and Gas Finder and Operator RISK CREATING EXECUTION + MANAGEMENT + OPPORTUNITIES + COMMITMENT ARGENTINA CHILE ASSET BASE + CAPABILITIES + GROWTH + CULTURE 2
2010 Results Highlights Solid financial performance in 2010 Return to positive net income of US4.2m 132% uplift in Adjusted EBITDA US41.1million 10% production increase 8 Rebalancing production in favour of oil (61% of revenues)…
2010 Results Financial Performance Balance Sheet Income Statement Amounts in US '000 31 December 2009 31 December 2010 As of 31 December 2010 (amounts in US 000) Revenues 44.847 79.550 ASSETS EQUITY AND LIABLITIES Total expenses…
2011 Work Program Fell Block Development 80 million work program 80-90 million work program: 25 wells in the Fell Block Drill 25 wells in the Fell Block: 11 exploration and appraisal wells 11 exploration and appraisal wells 14…
Exploration in Chile Tranquilo Block Total Area: 6,648 Km2 2D Seismic: 1,428.3 Km (previous to commencement of concession) Total Wells: 23 (drilled before concession started) Type of Contract: CEOP (Contrato Especial de Operacion…
Exploration in Chile Otway Block Satellite Image Total UMR: 197 BCF Av. POS: 24% Digital Elevation Model Total Area: 5,965 Km2 2D Seismic: 988.5 Km (previous to commencement of concession) CHILENITA Total Wells: 31 (drilled before…
Growth Creating Opportunities GeoPark is built for growth SOUTH AMERICA GEOPARK OPERATED BLOCKS Strategically positioned as a consolidator in Latin America. CURRENT COUNTRIES TARGET COUNTRIES Experienced technical team to extract…
LGI + GeoPark Strengthening the Strategic Alliance Transaction description As a first step to cement its long-term growth partnership, GeoPark and LGI have reached preliminary agreement for LGI to acquire a stake in GeoParks Chile…
2011 Exploration Highlights Potential Game Changers Williche / Santiago Norte: 500+ BCF Renoval / Esperanza: 700+ BCF Sholkara: 100400 MMBO TD / Test: April / May 2011 TD / Test: May / June 2011 TD / Test: September / October…
Culture Commitment SAFETY PROSPERITY COMMUNITY ENVIRONMENT CREATING VALUE BUSINESS MODEL EMPLOYEES S.P.E.E.D. 14
GeoPark Summary Creating Value EXECUTION Continuous growth in oil and gas production and reserves COMMITMENT RISK MANAGEMENT IFC Seasoned management team with LGI proven track record in oil & gas Chilean Financial…