Proven Performance, Assets and Opportunity February 2016
Latin American Platform Track-Record, Value and Upside SYSTEMATIC LONG-TERM CONSERVATIVE APPROACH MEXICO Zero to 20,000+ boe/d Continuous track-record of growing production, reserves and cash flow Effective multi-country,…
Building a Business Proven Team, Plan and Culture BUSINESS PLAN & ORGANIZATIONAL MODEL & INTEGRATED VALUE SYSTEM: CAPABILITIES EFFICIENCIES SPEED EXPLORER SAFETY OPERATOR PROSPERITY ENVIRONMENT CONSOLIDATOR…
Bottom Line Value Creation Per Share OIL & GAS PRODUCTION PROVED & PROBABLE (2P) RESERVES 25 4.0 2.5 140 20 2.0 Production per share (boepd/M) 3.0 120 2P Reserves per share (boe) 2P Reserves (/MMboe) Production…
Adapting to and Growing in a Lower Oil Price Environment STRONG BALANCE PROFITABLE DOING MORE CAPITAL QUALITY GROWTH SHEET OPERATIONS FOR LESS ALLOCATION OPPORTUNITIES DISCIPLINE 90 MM cash High production base OPEX down 56% CAPEX…
Asset Base Colombia Grew Llanos 34 Block (GeoPark operated) from 0 to 34,000 boe/d gross in 4 years Quickly built value by introducing new paradigms - both above PANAMA VIM-3 and below the ground - with new geological play-type and…
Colombia Leading Colombian E&P Growth Story HANGING WALL BLOCK PLAY 97+ MMBBL DISCOVERED FROM NEW PLAY TYPE (6 OIL FIELDS) Caica Chachalaca Chiricoca Tilo Prospect Discovered 2015 Prospect Discovered Max 2015 Discovered Tigana…
Asset Base Chile First private oil and gas producer in Chile Large fully-operated land base across the Magallanes basin, with existing reserves, production and cash flow Attractive operating environment with existing infrastructure,…
Chile Low Risk Development and Exploration FELL BLOCK TIERRA DEL FUEGO BLOCKS Cerro Iturbe Aonikenk Discovered 2008 Discovered 2010 Alakaluf Discovered 2008 Pantano Oeste Discovered 2014 1 Ache gas field development Tenca…
Asset Base Brazil POTIGUAR BASIN Largest producing gas field in Brazil: fully-developed, cash flow POT-T 664 producing, low risk asset, unaffected by oil prices POT-T 665 POT-T 619 Exploration blocks in proven mature basins POT-T…
Brazil Positioned to Grow and Capture Opportunities Potiguar MANATI FIELD: Seismic SHALLOW OFFSHORE PRODUCING FIELD (EUR: 1 TCF) SHALLOW ONSHORE EXPLORATION BLOCKS IN Reconcavo PROVEN MATURE BASINS Seismic RECONCAVO,…
Asset Base Peru Large acreage position in one of most prolific Latin American basins COLOMBIA (produced over 1 billion barrels of oil) Discovered oil field with opportunity for near-term cash flow ECUADOR Similar play-type 3D…
Peru Discovered Oil Field and Large Resource Potential SITUCHE COMPLEX: 3D SEISMIC AREA 3P Area 2P Area SITUCHE CENTRAL FIELD Discovery Wells: Situche Central 2X and 3X (Short term tests of 2,400 bbl/d and 5,200 bbl/d of…
Asset Base Argentina Good acreage position in the prolific Pacific Ocean SIERRA DEL MENDOZA Neuquen basin NEVADO Pluspetrol and Wintershall partnerships PUELEN Exposure to low risk, low cost, high CN-V* potential exploration…
Mexico Big Proven Frontier MEXICO ZONES OF INTEREST OPPORTUNITY One of largest hydrocarbon reserve and resource potentials in Latin America Opened to private E&P companies (11 billion boe of proved reserves) PRINCIPAL TARGETS…
High-Value Long-Life Diversified Reserve and Resource Inventory DRIVERS OF ORGANIC GROWTH 35 blocks in 11 basins in 5 countries / 6.0 MM acres 11 BLOCKS 13 BLOCKS 3P reserve development opportunities: 215 MMboe 1.1 MM ACRES COLOMBIA…
2012-2015 M&A / New Project Track-Record COLOMBIA: + 3 New Countries 2012: Entry to Colombia through the acquisition of 3 companies (10 blocks including LLanos 34) 2014: Awarded VIM-3 in ANH Round 2014: Farm-In 50% WI in CPO-4 +…
Strong Balance Sheet ASSETS Cash: 90 million Trafigura undrawn committed prepayment facility: 100 million 100 MM TRAFIGURA PREPAYMENT FACILITY MAIN TERMS Other credit lines: 50 million Immediately accessible liquidity for up to 100…
Investing in the Best Shareholder Value-Adding Projects CAPITAL ALLOCATION CRITERIA, EFFICIENCY, AND DISCIPLINE EXECUTION Colombia Brazil CAPITAL ALLOCATION LOOK- BACK 2016 CAPEX 2016 CAPEX 30-35 MM 4-5 MM PORTFOLIO OF…
Uniquely-Positioned Oil and Gas Investment Vehicle Oil-Finding and Operating Know-how Solid Asset Base with Cash Flow and Upside Operational and Financial Track-Record Strong Balance Sheet and Access to Capital New Project…
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Contacts James F. Park Andrs Ocampo Pablo Ducci Dolores Santamarina Chief Executive Officer Chief Financial Officer Capital Markets Investor Manager Santiago, Chile Nuestra Seora de los ngeles 179, Las Condes, Santiago, Chile…