Proven Performance, Assets and Opportunity August 2016
Latin American Platform Track-Record, Value and Upside SYSTEMATIC LONG TERM CONSERVATIVE APPROACH MEXICO Zero to 22,000+ 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 Production per share (boepd/M) 2.0 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 79 MM cash High production base CAPEX reduced by…
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 VENEZUELA and below the ground - with new geological…
Colombia Leading Colombian E&P Growth Story 97+ MMBBL DISCOVERED FROM NEW PLAY TYPE TIGANA OIL FIELD: Low cost economic growth for at least next 3-5 years (6 OIL FIELDS) GROSS PRODUCTION (BBL/D) Caica Chachalaca Discovered 2015…
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,…
Asset Base Brazil POTIGUAR BASIN One of the largest producing gas fields in Brazil: fully-developed, POT-T 664 cash flow producing, low risk asset, unaffected by oil prices POT-T 665 POT-T 619 Exploration blocks in proven mature…
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…
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…
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 +…
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…