Corporate Presentation November 2015 November 2013 TSX:CPI Oil Treating www.condorpetroleum.com Facilities at Shoba
Executive Summary Republic of Kazakhstan: Worlds 9th Largest Country Condor is a TSX-listed junior oil & gas company developing the Zharkamys West 1 (ZW1) block in Kazakhstan 3 Oil discoveries using a Phased strategy 340 to…
Condor Snapshot Capital Markets Near Term Focus Mature Primary Basin drill-ready TSX Symbol CPI prospects for 2016 3D seismic is now calibrated to geological age of Primary Basin sediments Common Shares 346.1 million Obtain…
Zharkamys West 1 Overview Pre-Caspian Basin Located in the Pre-Caspian Basin 46 Billion boe discovered Super-giant fields in Pre-Caspian Basin include* Kashagan: 13 B barrels oil Tengiz: 9 B barrels oil Karachaganak: 9 B…
Creating Value with a Phased Strategy Modern 3D Seismic Images Multiple Exploration Plays Phase 1: Shallow Oil Discoveries Cretaceous Post-Canopy Acquire extensive 3D seismic 650 2000 m Jurassic Phase 1 Drill shallow,…
Phase 1: Shallow Oil Discoveries Sh-10 and Sh-11 Initial Step-rate Tests Establish base production from shallow prospects Production facilities have been constructed and commissioned for Shoba and Taskuduk shallow oil…
Phase 2: Building on Primary Basin Results Recently Drilled Primary Basin Wells 2 Primary Basin targets drilled at ZW1 KN-501 KN-E Wells Both encountered over-pressured hydrocarbons 8 km Salt Section 410 API light oil at the…
Significant Primary Basin Follow Ups Current Primary Basin Inventory Prioritizing extensive Primary Basin inventory with newly calibrated 3D seismic data Applying KN and KN-E seismic interpretation learnings to other Primary…
Phase 3: Leveraging Upside Potential Eb-401: 3D seismic indicates favorable 4-way trap Proven Pre-Salt plays in Pre-Caspian Basin and reservoir development are evident at ZW1 Regional analysis demonstrates continuity of plays…
Near Term Focus Mature Primary Basin drill-ready Recent Pre-Salt activity in Pre-Caspian Basin prospects for 2016 3D seismic is now calibrated to geological age of Primary Basin sediments Obtain Shoba and Taskuduk commercial…
Appendix Additional Information November 2010 www.condorpetroleum.com
Kazakhstan Oil and Gas Sector Kazakhstan Production Growth Oil production has tripled to over 1,600,000 bopd since 1991 independence Broad participation from foreign investment Super Majors and Majors, NOCs, Juniors Politically…
Established Oil and Gas Pipeline Networks November 2015 www.condorpetroleum.com 13
Multiple Existing Export Routes Multiple existing routes are accessible for exporting to Russia, Europe and China Atyrau to Samara to Novorossiysk / Odessa / European markets Kenkiyak to Alashankou to China Aktau Port to Baku /…
New 3D Seismic Imaging Techniques Identifying Primary Basin and Pre-Salt Potential 2D Pre-Stack Time Migration 3D Pre-Stack Depth Migration Salt Flank Salt Flank Salt Dome Salt Dome Primary Basin Primary Basin Pre-Salt…
Condors Leadership Team Successful track record of capturing opportunities and executing developments Board of Directors Sean Roosen Chairman Management Chairman and CEO Osisko Gold Royalties Don Streu - President, CEO &…
Management Biographies Mr. Streu has over 29 years experience in the oil and gas industry including 22 years with Chevron Canada Resources working in Angola, Indonesia, Nigeria, Canada and the United States. Mr. Streu was the asset…
Management Biographies Mr. Storm has worked in Kazakhstan for over 21 years and has been involved in a wide array of business activities, including oil and gas exploration and production, oil field services, domestic and…
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