Tomorrows Energy is Here. Corporate Presentation May 2013 www.condorpetroleum.com
Executive Summary Republic of Kazakhstan Condor (CPI) is a junior E&P company focused on developing assets in Kazakhstan Exploration strategy is working 4 oil discoveries from 12 exploration wells 1,550 MM boe* unrisked mean…
CPI Snapshot Temporary Production Battery Capital Markets Trading Symbol TSX:CPI Common 346.1 million Shares Market 190 million Capitalization (.55/share) Net Working Shoba Gauging Station Construction 10 million…
Kazakhstan Oil and Gas Sector Oil production has tripled from 500 Mbopd to Kazakhstan Production Growth 1500 Mbopd since 1991 KZ independence 3000 Broad participation from foreign investment 2500 Gas (kboepd) 2000 Liquids…
CPIs Properties are Adjacent to Existing and Developing Infrastructure May 2013 www.condorpetroleum.com 5
Asset Overview November 2010 www.condorpetroleum.com
Zharkamys West 1 Located in the eastern portion of the Pre- Pre-Caspian Basin Caspian Basin in Kazakhstan 46 Billion boe discovered Super-giant fields in Pre-Caspian Basin include* Kashagan: 13 B barrels oil Tengiz: 9 B barrels…
Zharkamys Snapshot Zharkamys West 1 and Surrounding Fields Net Acreage 2,610 km2 (645,000 acres) Working Interest 100% Exploration Period August 2015 2,532 km2 / 1,624 km 3D / 2D Seismic 3D processed in time & depth Oil…
Success From a Phased Strategy Phase 1: Front-End Load project Modern 3D Seismic Images Multiple Exploration Plays Acquired extensive 3D seismic Cretaceous 650 1500 m Shallow drilling to calibrate seismic Phase 1…
Kiyaktysai: 1st Primary Basin Play Drilled Proof of Concept Kiyaktysai KN-E-201 Wireline Logs Encountered 160 m of net reservoir sands Water Saturation Gas Saturation Oil Saturation Reservoir-quality sands was main pre-drill risk…
Phase 2: Primary Basin Play Repeatable Break-Out Opportunity Kiyaktysai KN-E-201 Discovery Well Key play elements present at Zharkamys Salt expulsion creates 4 way trap closures and robust top seals Uniquely positioned within…
Phase 3 Upside: Pre-salt Plays Exceptional pre-salt imaging from 3D Eb-401 Prospect Defines previously unrecognizable prospects 14 prospects mapped to-date Ebeity 1,035 MM boe unrisked mean recoverable* Dome Targeting 2014 spud…
New 3D Seismic Imaging Techniques Opening Primary Basin and Pre-Salt Potential 2D Pre-Stack Time Migration 3D Pre-Stack Depth Migration Salt Flank Salt Flank Primary Basin Primary Basin Pre-Salt Pre-Salt Same location…
Compelling Valuation Growth Drilling Portfolio Continues to Expand Progressing Kiyaktysai discovery Oil production from 90 day tests Appraisal well drilling ongoing Significant exploration portfolio remains 66 prospects with…
Why Condor Akshoky Primary Basin Prospect Phased strategy is working Multiple proven play types with 4 recent oil Salt Dome discoveries Exceptional 3D seismic imaging defines previously unrecognizable targets Primary Basin…
Appendix Additional Information November 2010 www.condorpetroleum.com
Multiple Existing Export Routes Multiple existing routes are accessible for exporting Zharkamys hydrocarbons to Russia, Europe and China Atyrau to Samara to Novorossiysk / Odessa / European markets Kenkiyak to Alashankou to China…
Condors Leadership Team Successful track record of capturing opportunities and executing developments Board of Directors Sean Roosen Chairman President & CEO Osisko Mining Management Dennis Balderston Don Streu - President, CEO…
Management Biographies Mr. Streu has over 25 years experience in the oil and gas industry including 22 years with Chevron Canada Resources working in Angola, Indonesia, Nigeria, Canada and the United States. Mr. Streu was the asset…
Management Biographies Mr. Hatcher has over 25 years of international and North American experience in the upstream industry. Mr. Hatchers international experience includes roles in Kazakhstan, Nigeria, Turkmenistan and Trinidad.…
Management Biographies Mr. Whittaker has over 30 years of exploration and development experience in both international and domestic projects. Mr. Whittaker recently held the position of Vice President Exploration and Subsurface…
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