Delivery and Growth BTG Pactual & Celfin Southern Cone / Andean Conference June 2013
Agenda Who We Are Team and Capabilities Asset Base With Proven Value and Upside Track-Record Of Performance and Growth Capital Strength New Project Development 2013 Outlook and Investment Case
Highlights Scale, Balance and Growth COLOMBIA ADJUSTED EBITDA US MM BRAZIL 132 63 41 18 2009 2010 2011 2012 ARGENTINA As of New Brazil 1Q2013 Acquisitions Proforma Production 13,426 4,140 17,566 (BOEPD)…
Business Model Core Strengths EXPLORER OPERATOR CONSOLIDATOR Leading E&P Company RISK & ECONOMIC MANAGEMENT CULTURE 5
Long Term Fundamentals Stable Growth + Upside 2013: 144A/RegS Bond 2013: Manati Issuance US 300 million acquisition and 7 new blocks awarded in Brazil 2012: LGI acquired 20% of GeoParks Colombian 18,000 businesses Proforma 2012:…
Experienced Team and Partner Support Capabilities MANAGEMENT AND TEAM PERFORMANCE-DRIVEN CULTURE Technical and operations focused company An in-house unique culture which values and protects our Track record of finding oil and gas and…
Steady Growth Foundation Chile Platform ARGENTINA CHILE Tranquilo Fell Isla Norte Campanario Flamenco Otway 2013 Work Program (US135 million) Fell Block: 11 new wells Blocks: 6 10 WO Production 1Q 2013…
High Opportunity Region Colombian Platform CARIBBEAN RIOHACHA MAICAO SEA SANTA MARTA BARRANQUILLA VALLEDUPAR CARTAGENA PANAMA CINCELEJO VENEZUELA MONTERIA CERRITO CUCUTA LLANOS 17 BUCARAMANGA…
New Growth Region Brazil Platform 2013 Work Program 7 new exploration Blocks: US 15.3 million Blocks: 8 (3 years) Production 1Q 2013 (BOEPD): 4,140 Manati Block: Fully developed Reserves (MMBOE): P1+P2: 11 10
Financial Track-Record Execution and Delivery REVENUES US MM ADJUSTED EBITDA US MM1 132 250 112 63 80 41 45 18 2009 2010 2011 2012 2009 2010 2011 2012 2 CHILEAN NETBACK EVOLUTION COLOMBIAN NETBACK EVOLUTION CONSOLIDATED…
First Quarter 2013 Results EXPLORER (US million) 1Q2013 1Q2012 % Chg. 2P Reserves up 15% to 56.9 Mmboe (Annual) 3P Reserves up 7% to 114.4 Mmboe (Annual) Revenues 89.8 51.3 74.9% Production up 39% to 13,426 boepd Production Costs…
Fully-Funded Growth Program Capital Strength SOLID METRICS & LEVERAGE LEVERAGE: GROSS DEBT / ADJUSTED EBITDA1 DIVERSIFIED SOURCES OF FUNDING (US MM, CUMULATIVE)…
Macroeconomics Fundamentals Latin America HYDROCARBON POTENTIAL GDP GROWTH AND CPI EXPECTATION Inflation GDP 2012 2013E 2013E Brazil 0.9% 3.1% 5.8% COLOMBIA Oil Reserves: 1,990 MMbbl Chile 5.6% 5.0% 2.6% Gas Reserves: 4,000 BCF…
Creating Opportunities New Business Development COLOMBIA ATTRACTIVE PROJECTS Active long term pipeline of 20+ projects New business team in place New country target: Peru. Expanding existing portfolio in Chile, Brazil and BRAZIL…
2013 Program and Outlook Strongly Positioned 2013 CAPITAL INVESTMENT WORK PROGRAM US200-230 million (approximately US350 million including new acquisitions) FIND AND PRODUCE OIL AND GAS Drill 35-45 wells to increase oil and gas…
Investment Case Unique Vehicle for Latin American E&P TEAM Experienced team and management with record of finding oil and gas and converting underperforming assets into successful projects. ASSET BASE WITH PROVEN VALUE AND UPSIDE…
Company Directory Contacts Juan Pablo Spoerer Nominated Adviser & Broker Solicitors Corporate CFO Oriel Securities Limited Norton Rose LLP 150 Cheapside 3 More London Riverside Pablo Ducci London EC2V 6ET, United Kingdom London…
Appendix
Corporate Structure and Shareholders Appendix SIMPLIFIED CORPORATE STRUCTURE BOARD OF DIRECTORS 6 members, with 4 non-executive independent directors GeoPark Holdings Ltd. Audit Committee formed by 3 independent board members…
Summary By Block Appendix Working Gross area P1+P2 reserves Net production Country Block Operator Partners Basin Concession expiration year interest (%)1,2 (000acres)3 MMboe4 % of Oil Mboepd % of Oil Fell GeoPark na 100 Magallanes…
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