HRT's Strategic Alliance with February 2011 www.HRT.com.br
Disclaimer This document contains some statements and information about the Company that reflect the current views and/or expectations of the Company and its managers with regard to its activities. These include all statements…
Transaction Summary On February 24, 2011, HRT (or the Company) entered into an agreement to acquire 100.0% of the shares of UNX Energy Corp. (UNX), a Canadian company with shares listed on the TSX Venture Exchange The agreement…
Transaction Summary (contd) Key terms of transaction Consideration HRT will acquire each UNX share for 0.5579 of a GDS Each GDS represents 1/100th of an HRT share Equates to an effective exchange ratio of 0.005579 of an HRT share per…
Benefits for HRT shareholders Opportunity to create a very significant exploration portfolio in West Africa offshore realm Increases HRTs D&M prospective net risked resources in Namibia by approximately 2.8 BnBOE, which only accounts…
Benefits for UNX Shareholders Significant Premium Offer price represents a 29% premium to UNXs closing price immediately preceding announcement(1) Offer price represents a 39% premium to UNXs 20 day VWAP immediately preceding…
UNX Company Overview Assets located in highly attractive UNX Highlights Offshore Namibia Large Offshore Namibia acreage position 90% working interest percentage on over half of asset base Strong working relationship with the…
HRT Company Overview Assets located in Two Giant Petroleum Systems HRT Highlights North Africa Giant One of the largest independent Brazilian Devonian System Oil & Gas companies Estimated Reserves Over 230 professionals with deep…
New Offshore Namibia Asset Profile for HRT HRTs Pro Forma Namibia Acreage Kudu Gas Field 1711B HRT Operated Block UNX Operated Block UNX Non-operating interest NAMIBIA 2112B 2212A 2813A 2814B 2813A 2815 Acarus…
HRTs Acreage Expansion in Namibia HRT will be the largest private sector leaseholder in Offshore Namibia UNXs blocks are contiguous with HRTs existing blocks and surrounds the Kudu discovery HRT has a deep working knowledge of the…
Combined Risked Resource Potential HRT will more than double its net risked resource potential with the purchase of UNX Energy 137% growth; % oil increased from 70% to 73% (resources in MMBoe) UNX Energy Corp Gas (Namibia)…
High Potential for Giant Oil Discoveries Namibia: Exploration & Development Drilling Plan Strategy to capture the potential for giant discoveries in Namibia Oil slicks and Santos and Campos Drilling of HRT O&G Operator analytical…
HRT and UNX Energy Combined HRT UNX Energy Combined R7,077 / R1,169 / R8,246 / Enterprise Value (in millions) C693(2) C4,888 C4,195(1) Market Value (in millions) R8,777 / R1,217 / R9,993 / C5,203(1) C721(2) C5,924 Total Net…
Advantages / Rationale for Listing in Canada General Considerations HRT decided to do a listing of GDSs on the TSX in order to better position itself to raise capital in Canada, and take advantage of a broader security holder base and…
Critical Step for HRT Transaction is a important step to transform HRT into one of the largest independent E&P Company in the Southern Hemisphere Secures to HRT 75,000 sq. km in two of the most promising exploration frontiers in…
Aggressive Drilling & Exploration Campaign Allowing for Short Lead Time to Production Solimes Basin: Exploration & Development Drilling Plan Strategy to fully capture Solimes Basin Potential Value Overcharged Several blocks still…
IR Contacts HRT Participaes S.A. Av. Atlntica 1130 - 10 floor - Copacabana CEP 22021-000 - Rio de Janeiro - RJ - Brazil www.hrt.com.br/ir Marcio Rocha Mello Eliana S. Rodrigues Luis Otvio Pinto CEO and IRO Investor Relations…
Resources Disclaimer The prospective resources estimates for UNX contained in this presentation have been prepared in accordance with Canadian National Instrument 51-101 based on a report of D&M dated effective January 31, 2011. The D&M…