SSJN-5 PLAYON ARAUCA LLA-10 EL SANCY EL PORTON LOS OCARROS EL EDEN CPO-1 BALAY Positioned P iti d For F Growth G th Sept 13, 2011
Agenda Challenges Company Projection Team Assets 2
Petroamerica The Opportunity Extremely attractive land position in Colombia 10 Blocks with over 1.9 million exploration acres gross (490,000 acres net) Llanos basin focus Highly experienced management & technical team Significant…
Company Financial History & Events Private placements: Bought deal financing: Bought deal financing: o US 45 million o US 28.75 million o US 31.6 million o US 20 million 2010 2011 2012 Acquired 4 blocks Balay-1 oil…
Company Financial Snapshot Total Funds Raised from Inception US 125,369,900 Common Shares Outstanding1 578 331 594 578,331,594 Warrants 323,537,250 O ti Options 36 430 000 36,430,000 Fully diluted common shares outstanding…
Petroamerica Directors & Senior Management Board of Directors Jeffrey S. Boyce, Executive Chairman - Mr. Boyce is a Calgary based, senior oil and gas executive, with over 30 years of domestic and international experience in building,…
Colombian Assets 10 properties of more than 1.9 million acres (gross). SSJN-5 Llanos Basin focus (8 blocks). o Historically one of most prolific hydrocarbon basins PLAYON o Underexplored using modern exploration methods i.e.…
Llanos Basin Core Focus 8 Properties Deeper Llanos Foreland (5) Lighter oil AR A U C A Good productivity Larger conventional field sizes LLA-10 EL SANCY LOS OCARROS Central Llanos Foreland (1) EL PORTON Shallow, multi-pay…
Balay Long-Term Test Balay-1 & 2ST More than 600,000 barrels of 28API oil produced with only minor amounts of water…
Balay Development Development plan to be sanctioned early 2012. Independent reserves auditors indicate 2C contingent resources of more than 8.6 million barrels* of oil. (1.3 million barrels net to PTA) 2C resources contingent g…
Llanos Basin Los Ocarros* Block Highlights PTA 25% CEPSA 50% (operator) Parex 25% Area: Gross 110,436 acres (446 km) / PTA Net 27,609 acres (111.5 km) Trinidad 45 mmbbls Exploration Phase: 4 Commitment: One exploratory well…
Las Maracas-2ST Light Oil Discovery Las Maracas-2 well, spud April 10, was on the edge of structural closure. PTA proposed an exclusive operation to sidetrack and Parex farmed-in, funding the sidetrack well to a cap of US7.0…
Colombia Other Activity CPO-1** - PTA 50% WI Acquiring 90 km of 3D seismic. SSJN-5 Exploration well planned for 1st half of 2012. El Eden & El Porton* - PTA 25%WI Exploration wells planned for 1st half of 2012. PLAYON El Sancy* -…
Exploration Inventory Current 2012 Drilling Recoverable Mean Resources Exploration areas p o at o a eas prospect/lead p ospect/ ead plan l target size (gross MMBOE) i ( MMBOE) inventory Deeper Llanos Foreland (Corcel…
2011 2012 Exploration & Appraisal Work Plan Block 2011 2012 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Explo EL EDEN CEPSA 50% Talisman 25% Petroamerica 25% Calatea -1 Explo EL PORTON CEPSA 50% Talisman 25% Petroamerica 25% Maracas-2…
2011 Spending Projections Cash basis Current portfolio (in 000s of C) 2011 - Total Exploration (36 (36,346) 346) Appraisal (11,964) Development - (48 (48,310) 310) Net revenue stream from production 5,828 General,…
Preliminary Financial Scenarios for 2012 Continue to optimize Goal is to self-fund Development/ exploration exploration appraisal activities commitments activities until end will be financed through asset 2012 2012. through debt/…
Petroamerica Closing Remarks Exploration success and near-term cash flow Balay oil discovery moving closer to full-scale development (2012). Looking like a significant i ifi t Ll Llanos fifind. d Las Maracas light oil discovery to…
CORPORATE INFORMATION: Petroamerica Oil Corp. Suite 1405, 101 - 6th Avenue S.W. Calgary, Alberta T2P 3P4 Trading Symbol: TSX-V: PTA www.petroamericaoilcorp.com Challenges Company Projection 20 Team Assets