Shale Gas and Oil in Latin America Supply Chain, Cost, and Financing New Projects Americas Petrogas Inc. Activities in Shale Oil and Shale Gas in Neuquen Basin, Argentina Symbol: BOE JUNE, 2012 Toronto Stock Exchange
Some Numbers of Interest Vaca Muerta Resources boe Vaca Muerta Resources per YPF/Ryder Scott (80% boe per Apache : oil): 800,000,000 23,000,000,000 ExxonMobil Farm-In API/Partners Shale Wells: with API: 10 76,000,000 US* * Max…
Selected Financial Information Operating netback Q-1/12: 7 million Cash and Short-term Investments:97 million ExxonMobil Farm-In: 76 million** Netback 45.86 per barrel* (before Oil Plus) Capex 150 million: 10 Shale, 30…
Recent Information Americas Petrogas (API), as Operator with ExxonMobil as Partner, Completed drilling Los Toldos LTE x-11,098 feet Vaca Muerta shale plus HC shows in Mulichinco; Quintuco and Tordillo About to spud 2nd and 3rd…
Neuquen Basin and Infrastructure + Americas 5 Petrogas
Vaca Muerta and other Shale Plays Size Matters large acreage position minimizes risks First Mover Very Important Operatorship Lowers cost of capital and control destiny Rock is Generally Consistent Over Large Area Location,…
Simplified Cross-Section: Neuqun Basin Key Source Rocks and selection of Conventional/Unconventional Reservoirs West East Emerging Shale/Unconv. Plays Historical Production Area Embayment Northeast Platform
Shale Corridor: API and YPF Acreage Positions before 2010
Shale Corridor: YPF Acquisitions 2010 and later (Shales Land Rush)
Shale Corridor: Interesting to note V-Trend
Land Acquisitions in the Shale Fairways since November 2010 API has 1.22 million net acres along the north- south trending shale corridor
Key Areas of the Basin relative to the Vaca Muerta Shale Deposition and Prospectivity ( Areas 2,3 &4) 1 North-East Platform 1 2 Neuqun Embayment 2 3 3 Huacalera Low 4 Picn Leuf Sub Basin 4 Our Geological Model is working…
Shale Maturity and API Blocks Agrio Americas Petrogas Blocks Source: Legaretta and Villar, 2011 (Modified by Linari)
VACA MUERTARecent Information World Class Shale Play Thick, charged and pressured Shallow depths: 4,500 6,500 Source: Apache (June 14, 2012)
LIARD and Vaca Muerta Best Unconventional Gas Reservoir in North America Liard Vaca Muerta Note Excellent vertical and lateral reservoir continuity Source: Apache (June 14, 2012)
Americas Petrogas Concessions LOS TOLDOS III LOS TOLDOS II GOBERNADOR AYALA IV LOS TOLDOS IV MEDANITO LOMA RANQUELES SUR LOS TOLDOS I RINCONADA NORTE HUACALERA VACA MAHUIDA SALINAS TOTORAL GRANDES IX, XI & XII…
Vaca Muerta Shale Maturity, Recent Activity and API Blocks YPF announced a discovery in the Valle del Rio Grande Block in Mendoza Province. The well flowed 55bopd of 27API without stimulation YPF announced a discovery in the Payun…
NEUQUEN BASIN SHALE DRILLING ACTIVITY
Los Toldos II LTE.x-1 Drilled waiting for API Shale Drilling Loma Ranqueles completion/testing Preparing coordinates API 90% Second well planned ExxonMobil 2012-2013 Los Toldos I All.x-1 Preparing to spud Meters…
Los Toldos Blocks I, II, III, IV: Current Activity Corralera Block; Corr.x-1 TD 2405 metres, Los Toldos Este LOS TOLDOS III LOS TOLDOS II 343 metres Vaca Muerta Shale; Ryder Scott Well (LTE.x-1) TD at prospective resources of 650mmboe;…
LHo.x-1 (La Hoya) Location in Totoral Block 90% Base Vaca Muerta in Sub Basin with Well Locations Deep Vaca Muerta shale sub- Maturity basin 0 Km 10 Proposed Location
Totoral and Yerba Buena Drilling and Completion Possibilities 1500m 2500m Vaca Muerta Los Molles Fm. Depth Thickness Vaca Muerta 1500m 250m Los Molles 2500m 1500m
Comparison Neuquen and Eagle Ford Source: eia
Neuquen Acreage Holders
1mm 2mm 3mm 1,221,433 (net) Modified from Wood Mackenzie
Americas Petrogas Short History A SUCCESSFUL EXPLORATION STORY Years 2007/2008 Year 2009 Year 2010 Year 2011 3D Medanito Sur 1 Explo well Medanito Sur 2 Explo wells Medanito Sur 3 Explo wells Medanito Sur 3 Explo wells Medanito Sur…
Medanito Sur and Rinconada Norte Discovery Wells Exploration/Appraisal Prospective Drilling Locations All Other Symbols: Potential Development Wells colour coded by Area
MEDANITO SUR & RINCONADA NORTE Development Plans 2012-2016 4500 4000 120 N of wells drilled 100 3500 80 PreCuyo 300 wells 60 Tordillo Oil rate n m3/d 3000 Medium Case 40 20 Low Case 2500 0 2012 2013…
Medanito Sur & Rinconada Norte Operations La Puma Battery Loading Oil at R.N.1004 San Antonio Rig 397
Our Competitive Advantages World Class Partners Positive 2,000,000 Fully Cash acres Funded Flow Debt Free
Americas Petrogas Inc. Significant Upside Potential from: Oil Conventional large drilling inventory Aggressive Vaca Muerta Shale Oil Drilling Aggressive Vaca Muerta Shale Gas Drilling Opportunities in Los Molles/Agrio Shales…
Contact: Canada Office: Americas Petrogas Inc. 3911 Trasimene Cr. S.W. Calgary Alberta Canada T3E 7J6 Phone: (403) 685 1888 Fax: (403) 685 1880 www.americaspetrogas.com Office also in Buenos Aires, Argentina Symbol: BOE…
Loading...
