EQUION ? WELL RUN, EFFICIENT SOURCE OF CASH Pauto Cupiagua Norte Equion block Oil field Gas condensate Florena Piedemonte Recetor Cusiana 0 10 20 ?13 ?14 ?15 ?16 ?17 ?18 Production mboe/d ~$220 million Cash flow from…
CPO-9 ? AKACIAS AND ADDITIONAL PROSPECTS RESULTING IN SUBSTANTIAL UPSIDE Note: 2013 annualized production numbers based on ANH public data Castilla ~113mbbls/d Chichimene ~53mbbls/d Akacias Apiay Block ~22mbbls/d CPO-9 block…
AKACIAS ? DEVELOPMENT UNDERWAY Akacias Production mboe/d (TLM net) 0 10 20 30 40 ?13 ?18 ?14 ?15 ?16 ?17 Upside Akacias ? Field Development Plan submitted March 2014 ? First phase expected over two years (following receipt of…
CPO-9 ? AKACIAS EVOLUTION THROUGH APPRAISAL AE-2 AE-1 Ak-20 Ak-17 Ak-16 Ak-11 Ak-15 Ak-10 Ak-19 Ak-18 Ak-1 Untested Untested STT June 2014 LTT LTT LTT LTT LTT LTT STT LTT Max lowest known oil ? logged pay to base AE-2 ? 3.2 billion…
CPO-9 ? AKACIAS: POTENTIAL FOR A MUCH LARGER ACCUMULATION ? Humadea well drilled in the ?70?s proved heavy oil in the Nueva Esperanza Sur structure ? No obvious geological break separating Akacias from the up dip structural trend…
CPE-6 ? HAMACA APPRAISING HEAVY OIL DISCOVERY ? Assess reservoir variability, distribution and connectivity ? Determine oil variation and mobility ? Determine oil-water contact and oil in-place ? Determination of ?Commerciality?*…