November 2015 President Energy Corporate Presentation November 2015 1
November 2015 Mission Statement OUR TWO OBJECTIVES ARE BLACK AND WHITE (1)Unlock the true worth of our significant core assets by increasing production of our reserves and superior capital discipline to build financial…
November 2015 Index Section 1 Company Overview o Investment Highlights o Company Overview o Management and Significant Shareholders o Core NAV Viewpoint and Net Backs o Future Plans Section 2 The Core Reserves and Producing Asset…
November 2015 Section 1 Company Overview 5
November 2015 Investment Highlights o Existing oil production in Argentina and Louisiana with potential for significant near term growth o Independently assessed 1P oil reserves of 11 MMbbls and 2P oil reserves of 18 MMbbls in…
November 2015 Company Overview Market Statistics Symbol PPC Share Price 7.00p** Number of Shares Issued Share Cap 525,320,628 Diluted Share Cap 635,407,136 Market Capitalisation GBP36.8M** Enterprise Value GBP40.8M** Core Net…
November 2015 Management & Significant Shareholders Directors & Senior Management Significant Shareholders* % Peter Levine o Founded the FTSE250 Company Imperial Energy Corp Plc Peter Levine / PLLG Investments 22.32 Chairman & CEO…
November 2015 Core Net Asset Value and Netbacks Valuation per share Argentina Per Barrel Net Back Actual (of each incremental barrel)*** 70 Example Price 70 60 50 Royalty -15% Other Tax -2.6% Pence Per Share 40 NAV…
November 2015 Production Near Term Plans Argentina Increase Production by; o Workovers of old shut-in wells using latest technology to support and enhance existing wells o Development drilling program with the goal of achieving…
November 2015 Section 2 Core Reserves and Producing Asset Base 11
November 2015 Argentina The Fields o Located in Salta Province, in the North West of Argentina o Five Fields in Puesto Guardian Concession comprise of 633 SqKm o Puesto Guardian o Canada Grande o Pozo Escondido o Martinez del…
November 2015 Argentina Production with Premium Potential Argentina Realised Price Vs WTI Premium to Current World Prices 120 o Puesto Guardian - A concession which produced over 9,000 bopd with old technology in the 1980s…
November 2015 Argentina Work Over Programme 2015/16 o The paramount objective is to take advantage of the high regulated Production Part I oil price to generate free cash flow with each incremental barrel (30 day WI) Firm giving…
November 2015 Argentina Reserves Work Programme 2016-2020 o The development drilling program has been designed with self-sustainability in mind and the goal of achieving the independently assessed 2P field production peak of 4,500…
November 2015 Work Over Performance (2013-2015) o President was the Technical Operator for the Q3 2013 Frac Program and Operator/100% Licensee for the Q2 2015 Workover Program o The Q3 2013 frac program proved sustainable…
November 2015 Louisiana Low Cost Profitable Production o Cash generative even on current low oil and gas prices o Generating US2.5M of free cash post US tax at current prices o Operated field located at East Lake Verret o…
November 2015 Section 3 Blue Sky Potential 18
November 2015 Paraguay Asset Overview Macro Micro o A world class on-shore exploration play in an energy o After extensive 3D and 2D seismic acquisition together hungry Western facing democratic country with with reprocessing of…
November 2015 Paraguay
November 2015 Paraguay Chronology 3 Years of Rapid Action Date Event 2012 President farms in to Pirity & Demattei Concession 2013 780 SqKm of 3D seismic data and over 1,000 Km of 2D seismic data acquired with old seismic…
November 2015 Paraguay Selected Key Resources* Net Mean Unrisked Country Key Prospect MMboe Pirity Concession* Lapacho / Paleozoic (1 prospect) 1,023.5 Jurumi Complex Cretaceous (4 prospects) 342.5 Hernandarias Concession**…
November 2015 Argentina Deep Gas Prospect Summary Overview o The Martinez Del Tineo (MDT) deep gas / condensate Paleozoic prospect sits directly below Well location proven and probable oil reserves in the MDT field, Puesto…
November 2015 Argentina Resources Summary Statement of Hydrocarbon Prospective Resource Volumes Puesto Guardin Area & Matorras, Argentina President Mean Unrisked Mean Risked License Prospect Energy MMBoe MMBoe Puesto Guardian…
November 2015 Section 4 Corporate and Social Responsibility 25
November 2015 Corporate Governance and Social Responsibility o As a Company in which the World Bank, through its subsidiary the IFC is the second largest shareholder, President adheres and maintains to world standards of corporate…
November 2015 Notes and Glossary of Terms AAPG American Association of Petroleum Geologists PROSPECTIVE RESOURCES AIM Guidelines Guidance covering the preparation of documentation for Disclosure purposes for Mining, Oil and Gas…
November 2015 Appendices o Argentina Exploration Technical Can be found on the website of President Energy under Investor Information Investor Presentations o Paraguay Exploration Technical Can be found on the website of…
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