Q3 2012 OVERVIEW Continued to execute on strategy to develop asset portfolio Maintained unique balancebetween producing and exploratory activities/operatorship and partnerships Reported significant year-over-year improvement in…
INCREASED PRODUCTION AT MANATI FIELD Based on our current visibility, we expect full year 2012 production capacity at the Manati Field to average 6.0 MMm per day Average 2010: Average 2011: Average 9M12: 6.2 MM m3 per day 4.1…
BM-S-8: MAJOR COLUMN OF AT LEAST 471 METERS OF OIL OF 31 API AT CARCAR PROSPECT Contingent and We have reached the total Prospective Resources depth at the Carcar prospect and we have QGEP (10% stake) entered the testing phase.…
BS-4: OPERATORSHIP IN DEEP WATERS Atlanta and Oliva post-salt fields Heavy oil ranging from 14 to 16 API Oil in Place: 2.1 billion bbl 80% of the oil in place is in the Atlanta Field The recovery factor included in the revised…
FARM-IN AGREEMENT WITH PETROBRAS: BM-C-27 CONCESSION Prospective Resources QGEP:30% stake* Petrobras Operator (70%) 70 km off the coast Water depth: 50 meters Campos Basin One pre-salt prospect: Guanabara Profundo Expected…
3Q12 MANATI FIELD PRODUCTION +57.2% +68.2% +59.6% +71.8% Strong demand for natural gas resulted in very positive results from the Manati Field, where our average daily production reached 6.7 MMm of natural gas in the third…
3Q12 OPERATING RESULTS Higher EBITDAX in 3Q12 and in 9M12 due to higher production levels at the Manati Field. Net Income recovered in Q3 to R61.9 million; 9M12 was impacted by special exploration costs related to the Ilha do…
OPERATING AND EXPLORATORY COSTS Operating Costs (R million) 133.7 84.7 50.2 Higher production contributed to a 55.4% year-over-year increase in operating costs to R50.2 million. For 9M12, total operating costs were…
EXPECTED CAPEX 2012 capital expenditure budget: US90 million - US70 million dollars was dispersed in the first nine months of 2012 2013 capital expenditure budget: US230 million - Majority of 2013s budget to be spent at Blocks…
STRONG NET CASH POSITION In 3Q12, cash balance was R925,5 million In the second quarter, the Company eliminated its debt, following the total repayment of the BNDES and BNB loans linked to the Manati Field development Cash is…
MAJOR MILESTONES AHEAD 2018-2020 2015-2017 First oil expected from Carcar 2014 Development of Atlanta QGEP: Amongst the top 3 BS-4: largest producing oil & gas 2013 Development Brazilian companies by First oil of the of…
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 www.qgep.com.br/ri…
DISCLAMER 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…
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