Americas Petrogas Inc. . Corporate Presentation December 2, 2014 TSXV: BOE 1
Americas Petrogas Disclosure of Shale Resources: Chance of Success The Chance of Success is intended to represent the total probability that the essential elements of such a play are present in each concession or block. The Chance of…
Strategy Unlock value of Resources Proof of ConceptHigh Impact Why Size of the Prize in perhaps Best Shale Play Alternatives and Strategic Process Continue Focus on Disciplined Capital Program 5
Execution of Strategy Active Strategic M&A Process (joint ventures, farmouts, sale) New Drilling at Medanito Sur after Integrating Well data into 3D Seismic Reprocessing Executed on Gas Re-injection Program to enhance Oil Recovery…
Americas Petrogas Inc. - Overview Production, Cash Flow, Reserves and Resources Conventional Oil & Gas, Tight Oil & Gas, & Unconventional Shale Oil and Gas NET 7.6 Billion BOE P50 Best Case Unrisked Prospective (Recoverable) Shale…
Financial Highlights Capitalization Common Shares Outstanding 232 million Management and closely held approx. 22% Current and Long Term Debt (Nov 2014) Pesos 38.9 million (ICBC Bank) (Approx. US4.6 million) Cash Position,…
Operational Highlights Strategic Review with Jefferies (includes potential sale of assets, joint venture, farmouts, merger) 4 Well drill program on Medanito Sur started November 2014 based on initial interpretations of newly…
Los Toldos Blocks Evaluation Period Granted Until May 2018 4 year plan with partners ExxonMobil and Gas y Petroleo del Neuqun In November 2014, the Neuqun province in Argentina issued a decree granting Americas Petrogas and its joint…
Regulatory Highlights: Argentina Improved New Hydrocarbon Law Shale and offshore fields will have concessions granted for 35 years plus option 10 years in order to help companies to amortize investments Royalties will be capped at the…
Neuqun Basin - Overview Base of Vaca Muerta Seismic Structure Map Los Toldos III Los Toldos IV Los Toldos II Los Toldos I Loma Ranqueles Argentina Producing Hydrocarbon Basins Medanito Sur Super-Majors Near Americas…
Medanito Sur/Rinconada Norte Seismic Reprocessing Completed & 4 Well Drill Programme Conventional Production Medanito Sur accounts for the majority of the Companys oil production A gas reinjection programme that began in April 2014,…
NET Reserves and Resources Reserves Estimated by Reserves Chapman Petroleum (Proved + Probable) (Possible) Engineering Ltd. With an Gas Light Oil Gas Light Oil Heavy Oil effective date of December 37 Bcf 2.66 MMbbl 67 Bcf 28 MMbbl 8.5…
Evolution of Americas Petrogas Vaca Muerta Shale Activities 2011 2012 2013 2014 Increased Working LTE.x-1 announced LHo.x-1 Vaca Muerta ADA.x-1 Vaca Muerta Shale Interest to 39% in shale oil discovery in Shale oil discovery oil…
Americas Petrogas Vaca Muerta Shale Discoveries Totoral Los Toldos I Los Toldos II Huacalera Hua.x-1 LHo.x-1 ALL.x-1 LTE.x-1 ADA.x-1 HUA.x-1 Light Oil Gas/Condensate Light Oil Light Oil/Gas Gas Discovery Discovery Discovery…
Americas Petrogas Net Prospective Shale Resources (Vaca Muerta, Lower Agrio, Los Molles) P50 Best Case Unrisked Prospective (Recoverable) Shale Resources - (Net to Americas Petrogas) Block Name Partner Working Acres Chance of…
Main Basin Stacked Pay Potential All of Americas Petrogas blocks in Neuqun province have additional targets besides the shale source rocks. The Mulichinco, Quintuco and Tordillo Formations are likely charged over our acreage based on oil…
Investment Summary and Opportunities Conventional Opportunities--multi-year drilling inventory 962,000 Net Acres over 12 Blocks-Huge Running Room Strong Operator 10 blocks Diverse play types-High Degree operational control Portfolio…
Contact Information: Corporate Offices: Canada: 3911 Trasimene Cr. S.W. Calgary, Alberta, Canada T3E 7J6 Phone: (403) 685 1888 www.americaspetrogas.com Buenos Aires: Tucumn 1 - Piso 8 Ciudad Autonoma Buenos Aires (C1049AAA)…
GrowMax Agri Corp. Fertilizer Company 89% Americas Petrogas owned Subsidiary in Peru Potential to create a sustainable fertilizer company to produce phosphates, potash, magnesium, compound fertilizers, sulphate, and micro…
GrowMax Agri Corp. Fertilizer Company Recent Operational Highlights In August 2014 announced the discovery and assay results of near-surface sedimentary phosphate rock at Bayovar Added 8,800 hectares (21,700 acres) at Bayovar…
APPENDIX 24
Argentinas Vaca Muerta: Most Promising Shale Outside USA-Morgan Stanley Argentina is a net energy importer and domestic energy needs are increasingly high (US 7 Billion energy trade deficit) Breakeven cost was the lowest of all…
Vaca Muerta Shale Transactions Announced Buyer Seller Block(s) Implied Net Acres US / Acre Comment Date Consideration (US mm) 16-Jul-13 Chevron YPF Loma La Lata 620 48,000 12,917 Farm-in Norte / LC 24-Sep-13 DOW YPF El Orejano 41 5,545…
Vaca Muerta Shale Transactions Americas Petrogas Net Acres Chevron/YPF Narambuena Block Los Toldos I 44,235 Shell/Total Rincn de la Ceniza / la Escalonada Los Toldos II 17,280 Dow/YPF El Orejano Los Toldos III 2,835 Wintershall/GyP…
References for Vaca Muerta Shale Transactions (for slide 27) Chevron/YPF Loma La Lata/Loma Campana http://www.chevron.com/chevron/pressreleases/article/07162013_chevronargentinasypfsignaccordtodevelopva camuertashale.news…
Los Toldos I Potential Base of Vaca Muerta Seismic Time Structure Map Unconventional Potential: Vaca Muerta Shale Los Toldos I Block ALL.x-1 Well - One well drilled (ALL.x-1), gas/condensate Conventional Gas Fields Conventional…
Los Toldos II Potential Unconventional Potential: Base of Vaca Muerta Seismic Time Structure Map Vaca Muerta Shale Los Toldos II Block Americas Petrogas Wells - Two wells drilled (LTE.x-1), oil with associated gas Conventional Gas…
Los Toldos III/IV Potential Conventional & Tight Sands Potential: Base of Vaca Muerta Seismic Time Structure Map - Mulichinco & Tordillo Formations Los Toldos III/IV Blocks Unconventional Potential: Conventional Gas Fields…
Huacalera Potential Operator: YPF Base of Vaca Muerta Seismic Time Structure Map Unconventional Potential: Huacalera Block Vaca Muerta Shale HUA.x-1 Well - Thickness: 1,700 ft (530 m) Conventional Gas Fields - Depths to top of…
Hua.x-1 (Huacalera) Vaca Muerta Production Test Results From Single Fracture Stage On March 23, 2012 Americas Petrogas Announced that the Company was commencing testing of the single fracture stage on the Hua.x-1 well. Results were…
Totoral, Yerba Buena & Bajada Potential Unconventional Potential: Vaca Muerta Shale - One well drilled (LHo.x-1), Oil Discovery - Thickness: 660 ft (200 m) - Shallow Depths of 4,900 to 5,600 ft (1,500 to 1,700 m to top of V.M.).…
Loma Ranqueles Potential Conventional and Tight Sands Potential: Base of Vaca Muerta Seismic Time Structure Map - Block located in the vicinity of large conventional gas fields, and Loma Ranqueles Block directly west of Los Toldos I…
Loma Ranqueles Shale Gas & Tight Gas Location is Prepared, Plan to Drill in 2015 The Surface Location has been prepared and the Company is working to secure the rig and needed rental equipment for drilling and testing the well. An…
Medanito Sur Infrastructure Processing Plant, Power Generators running on produced gas can power up to 400 pumpjacks, Gas compression pilot project, two oil batteries, and a L.A.C.T. station 50km away to transfer oil to a regional…
Medanito Sur Infrastructure - New Projects Power Generation + Gas Reinjection As of March 31, 2014 the gas reinjection program began full operation, injecting approximately 1 million scf/d into El Tordillo formation, at the top of the El…
Seismic Reprocessing and Workflow on Medanito Sur & Rinconada Norte Americas Petrogas has begun a new workflow for the Medanito Sur and Rinconada Norte Blocks As part of the efforts to improve imaging of the conventional targets…
Americas Petrogas Net Resources in the Neuqun Basin as Estimated By Ryder Scott Company Resource Estimates reference the news release dated August 22, 2013: Americas Petrogas Completes Independent Evaluation of its Unconventional…