Q2 2013 OVERVIEW Average daily production of 5.0 MMm of natural gas from the Manati Field in 2Q13, despite the downtime associated with scheduled maintenance work Early Production System at the Atlanta Field is on schedule to begin…
BLOCKS AWARDED IN THE 11th ANP BIDDING ROUND 8 blocks acquired at the 11th ANP Bidding Other QGEP Round, distributed across 5 different basins Basin Block Consortium Operator Working Members Interest encompassing a total of 5,785…
HIGHLIGHTS MANATI FIELD CERTIFICATION REPORT Gaffney, Cline & Associates Statement of Remaining Hydrocarbon Volumes for the Manati Field, as of December 31, 2012, prepared for QGEP Participaes S.A.: Gross (100%) QGEP Net Sales…
2Q13 FINANCIAL OVERVIEW Consolidated Financial Information (R million) 2Q13 2Q12 % 6M13 6M12 % Net Income 30.1 (96.1) 131.4% 95.9 (26.8) N/A Amortization and Depreciation 18.7 21.7 -14.0% 42.3 39.0 8.2% Net Financial…
2Q13 MANATI FIELD PRODUCTION Gas Production Net Revenue (Millions of m) (R million) -2.3% +5.9% 482,2 471,0 219,1 232,1 -23.9% -18.6% 268,4 123,2 204,4 100,2 6M12 6M13 2Q12 2Q13 6M12 6M13 2Q12 2Q13 Average daily…
EXPECTED CAPEX 2013 capital expenditure: US190 million - 2013s budget to be spent at Blocks BS-4, BM-J-2, BM-S-8, and Blocks won in Round 11 2014 capital expenditure: US310 million - 2014s budget to be spent at Blocks BS-4,…
EXPLORATION ACTIVITIES UPDATE BM-J-2 On July 6, 2013, the Company restarted drilling at the 1-QG-5A-BAS well in Block BM-J-2 with the P-VI jack-up rig The well will test the Alto de Canavieiras prospect (JEQ1) in the pre-salt…
MAJOR MILESTONES AHEAD 2018-2020 First oil expected 2015-2017 from Carcar First Oil from the Atlanta Field 2014 Development of Carcar: Extended Well Test in 2015 BS-4: 2013 Development of the Atlanta Field Exploratory…
CONTACT US Investor Relations QGEP Participaes S.A. Av. Almirante Barroso, n 52/sala 1301, Centro, Rio de Janeiro, RJ CEP: 20031-918 Phone - IR: 55 21 3509-5959 Fax: 55 21 3509-5958 E-mail: riqgep.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…