Contents Introduction Company History Investment Opportunity People: Proven Team Platform: Assets Plan: Work Programme Position: Opportunity to Grow Partnerships IPO Results Summary Appendices 2
Introduction GEOPARK was founded in 2002 to participate in the consolidation and rationalization of the oil and gas industry in Latin America. GEOPARKs mission is to become a leading oil and gas finder, operator and acquirer in…
Company History GEOPARK acquired 4 upstream blocks in Argentina and Chile in 2002 from AES Corporation. Since then, management has established production of approximately 1,200 boepd and developed a balanced portfolio of attractive…
Investment Opportunity People: Proven oil and gas finding team (core team from Chevron San Jorge) Platform: Attractive blocks with producing reserves and significant upside potential Plan: Coherent full cycle risk-balanced E&P work…
Focused Strategy 6
People: Management Organization Board of Directors Gerald O Shaughnessy (Chairman) James Park (CEO) Sir Michael Jenkins Christian Weyer Peter Ryalls GEOPARK HOLDINGS GEOPARK ARGENTINA GEOPARK CHILE DEL MOSQUITO BLOCK FELL…
People: Investing in Capabilities Name (Age) Profession Years Experience Previous Companies Gerardo Hinterwimmer (49) Geologist 25 YPF, Schlumberger, San Jorge, Chevron Gustavo Henderson (49) Engineer 26 BJ Services, San Jorge,…
Platform: Blocks Summary Country Basin Block Working Area Fields Interest (Acres) (No.) (%) Chile Austral Fell 100 440,000 20 Argentina Austral Del Mosquito 100 190,000 2 Argentina Neuquen Cerro Dona Juana 100 35,954 1 Argentina…
Platform: Austral Basin Blocks (Chile and Argentina) DEL MOSQUITO BLOCK FELL BLOCK 10
Platform: Neuquen Basin Blocks (Argentina) LOMA CORTADERAL BLOCK CERRO DOA JUANA BLOCK 11
Platform: Oil and Gas Reserves Country Classification Oil and Gas BOE Present Worth at 10 % Condensates (BCF) (MMboe) (US Million) (MMbbl) ( US50/bls) Chile Proven 2.7 47.4 10.6 - Probable 2.5 63.6 13.1 - Possible 4.1 105.6 21.7…
Platform: Contingent Resources Hydrocarbons Contingent Resources Country Oil Gas Total (MMbbl) (BCF) (MMboe) Chile 2.4 275.2 48.3 Argentina - - - Total 2.4 275.2 48.3 Source: DeGolyer and MacNaughton (definitions as per CPR).…
Reserve & Value Growht VALUE GROWTH P R OIL O D U C T I V GAS O N A L P1 R U E E S P2 E R V P3 E S G HIGH R O BEST CONTINGENT W RESOURCES T LOW H PROSPECT LEAD PROSPECTIVE RESOURCES PLAY DISCOVERED…
Platform: Chile Fell Block Producing Oil and Gas Fields: Key Statistics: Ri o NAL Area: 440,000 Acres Caik ES H-XVI eo Ch ico D-4 AP RO XIM ARGENTINA AD Estancia OY Brazo Norte NO OFI C IAL Laguna Ana D-A…
Platform: Chile Fell Block GEOPARK Leads/Prospects: Resources*: - XX H - XIX of Leads/Prospects: 7 TR AZ AD O DE L LIM ITE INTE RN AC IO NA L ES AP H-XVI D-4 RO XIMA DO Estancia Y NO Oil Prone Leads/Prospects:…
Platform: Argentina Del Mosquito Block Producing Oil and Gas Fields: Key Statistics: Area: 190,000 Acres DEL MOSQUITO NORTE FIELD Operator: GEOPARK N GEOPARK Working Interest: 100% Infrastructure: Roads, processing and storage…
Platform: Argentina Del Mosquito Block GEOPARK Leads / Prospects: Resources*: 6 7 16 4 8 7 3 2 Del Mosquito Norte EASTERN FLANK DM.x-3 PROSPECTS EPu.x-1 GGHG.x-1 of Mature 5 46 DMN.x-1 40 5 DMN.a-2 PN.x-1 43 2 7…
Plan: Work Programme SUMMARY WORK PROGRAMME CHILE ARGENTINA 2006 2007 2006 2007 Production / Development of Existing Reserves Production Operations (Fields put on production) 5 4 3 - Well Tests (no of wells) 12 2 - - Workovers (no of…
Work Programme: Rigs The 2006/2007 work programme requires one workover rig (for well rehabilitation) and one drilling rig (for development and exploration drilling). Workover Rig: Created service company and acquired 50% interest…
Position: Growth via Consolidation Region: Resource rich and under-exploited. Ideal for a technically proficient low cost independent. Trends: Larger companies and state companies are rationalising because: governments are…
Partnerships ENAP GEOPARK is the only international oil company operating in Chile GEOPARK has an excellent working relationship with ENAP Opportunity to acquire further assets Methanex Major consumer of gas in the Southern…
IPO Summary Post-IPO Shareholder Structure IPO/Institutional Investors Friends and Family GEOPARK raised approximately 31% 18% US40m in new money to exploit the potential of its existing blocks in Argentina and Chile IFC 8%…
Summary Solid asset backing Significant contingent resources and exploration upside Performance to date -- with impressive production growth forecasted Strong management team with proven track record Value-adding strategic…
Appendices Management CVs Oil and Gas Market Regional Commentary Why Chile Why Argentina 25
Management CVs Gerald Eugene OShaughnessy - Executive Chairman (Age: 57) Mr. OShaughnessy graduated from the University of Notre Dame with degrees in government (1970) and law (1973). Thereafter he practised law until he joined Lario…
Management CVs Gerardo Hinterwimmer - Director of Geosciences (Age: 49) Mr. Hinterwimmer, who joined the Company in 2003, is one of the premier development geologists in Argentina and an acknowledged expert in the Austral Basin with…
Management CVs Carlos A. Gulisano PhD Planning Leader (Age 55) Dr. Gulisano, who has been an adviser to the Company since 2002, is a respected leader in the fields of geology and geophysics in Argentina with over 26 years of…
Management CVs Maria Ester Lara PhD Geophysicist (Age 49) Dr. Lara, who joined the Company in 2003, is a highly-trained and successful geophysicist with 20 years of international and major oil company experience including with…
Management CVs Juan Carlos Ferrero Petrophysical Engineer (Age 45) Mr. Ferrero, who joined the Company in 2005, is an industry-respected reservoir engineer with 25 years oil industry experience including with YPF, Pegrolea Argentina…
Marketing & Fiscal Regimes Chile Oil and Gas Sales Terms: Oil: ENAP Contract (WTI-US2.00)/bbl. Delivery at Terminal Gregorio (transportation and storage cost of US1.47/bbl) Gas: Methanex Contract US1.72/mcf -- methanol indexed…
Gas Market BRAZIL PERU BOLIVIA Brazilan Gas Prices CUIABA Domestic Supply: SANTA CRUZ Bolivian Gas Prices US2.60/mcf well head US1.45/mcf well head US5.20/mcf Argentine border US4.50/mcf City Gate Bolivian imports: GEOPARKs…
Why Chile Economy Market-oriented economy that is one of the strongest in South America (investment grade rating). Free trade agreements with US, Europe and Canada Regulatory Environment The hydrocarbon law and framework is very…
Why Argentina Economy South Americas second largest economy. (2002 crisis over and GDP growth rates 8%) Resource Base Vast under explored areas (only 5 of 24 sedimentary basins have been adequately explored and, of these, only 2 can…