Steppin On The September 2016 HighPriced Natural Gas Generating near record cash flows despite significant oil price volatility gas
Canacology A history of discovery Supplyscarce Caribbean Duallisted TSX and BVC natural gas market Enterprise value 732 MM Natural Gas Ownership by insiders 25% 16e guidance 16 17,000 boepd 135 MM EBITDAX 90 MM capex…
Colombias Restless Gas Finder Canacol discovered more gas than all Colombia explorers, combined(1) +47% CAGR in 2P reserves 2P reserves in MMboe Dry natural gas record cash flow oil gas 79(2) 13 present 4 discoveries (83% success)…
A Passion To Explore, And A Drive To Produce +31% projected CAGR in corporate sales Fixed priced gas contracts erase oil volatility Expressed in boepd 16e sales mix 40,000 High netback natural gas 78% +31% 86% Tariff oil…
Sleep Deprived Over Oil Prices Not Canacol Oil prices at zero Canacol generates 100MM EBITDAX Pursuing dry natural gas that features stable pricing EBITDAX in US MM Quarterly average MMbtu 153 MM 12 142 130 60 118 10 CANACOL…
Epic Gas Deficit On Colombias Coast Canacols plan to boost gas production to solve supply shortfall Chuchupa 1 2 Ballena Supply decreasing 20% / yr. from 3 mature fields Caribbean Sea Barranquilla 100 MMcf/d per year…
The Only Driller In Town Dominating the worlds most robust market for natural gas Colombias gas pipeline network Chuchupa Ballena Barranquilla XCanacol, only 3 producing gas fields supply the Caribbean Cartagena Gas…
Reserves + Productive Capacity From 5 Gas Fields VIM 5 100% WI 3D 3D Oboe Clarinete Clarinete3 Esperanza/ VIM 21 100% WI Nispero Jobo 10 km Trombon1 Canacols fields & discoveries prospects / leads Nelson Top…
Opportunity To Book Reserves Against Bypassed Pay Nelson6 gas exploration well Nelson6 Nelson Fields shallow gas potential A B Porquero net pay map N5 N4 1,000 Area 640 acres Avg. porosity 29% N2 GIIP 44 Bcf 1,300 TOP PORQUERO…
Nelson Has More To Develop Nelson8 gas development well Nelson fields 4 existing producers Nelson8 Cienaga de Oro depth structure map A B Gross sand 383 ft. 1,000 Net pay 167 ft. N5 Avg. porosity 23% N4 1,300 1 km N2 PORQUERO…
Well 3 Into 163 BCF Discovery(1) Clarinete3 gas development well Opportunities at Clarinete continue to multiply Cienaga de Oro depth structure map CLA3 CLA2ST B Oboe1 1,500 GWC 6,415 ft. M MIOCENE 1,650 L. ATTIC BLUE…
AVO Technology Is Helping Extend The Trend Trombon1 gas exploration well Canacols Nispero1 tested 28 MMcf/d in Aug 16 Trombon1 40 BCF unrisked resource potential(1) Trombon1 Nispero1 Sucre A B MID MIOCENE Sucre gas B…
Investigate Potential For Established La Luna Play VMM 2 Mono Capuchino1 (MC1) oil exploration well Offset to MA1s La Luna, drill MC1 in Oct 16e A MA1 MC1 B Top La Luna depth structure map 67% WI MC1 MA1 B A N MIOCENE…
2016e Revised Capital Plan Doubling the search for highpriced natural gas Original Plan New Plan CAPEX 58 MM CAPEX 90 MM 3 natural gas wells 6 natural gas wells 5 light oil workovers 5 light oil workovers 1 oil exploration…
Projecting 60%+ Drop In Debt Multiple Debt profile Record cash flows disintegrating Canacols debt multiple Debt to trailing actual 12month EBITDAX Debt to quarterly EBITDAX (annualized) Apollo 3.8x 3.4x BNP 2.8x Start:…
A Rare Dislocation in Equity Value Buy Canacol at a discount to the value of our existing gas contracts BT NPV10, US MM in MM, except /share amounts TSX share price (9/20/16) CDN 4.16 FD shares outstanding(1) 164 2,170…
Contact Calle 113 No. 745 8th Avenue Place Torre B Oficina 1501 4500, 525 8th Avenue South West Bogota, Colombia Calgary, Alberta T2P 1G1 Canada +571.621.1747 214.235.4798 IRLAcanacolenergy.com IRcanacolenergy.com 18
Loading...
