November 2016 Selling Natural Gas In A SupplyScarce Market
Canacology A history of discovery Supplyscarce Caribbean coast natural gas market Duallisted TSX and BVC Natural Gas Enterprise value 778 MM Ownership by insiders 25% 16e guidance 16 17,000 boepd 135 MM EBITDAX 90 MM…
Colombias Restless Gas Finder Canacol discovered more gas than all Colombia explorers, combined(1) +59% CAGR in 2P reserves(2) 2P reserves in MMboe oil gas 79(3) Dry natural gas record cash flow 13 present 6 discoveries (86%…
A Passion To Explore, And A Drive To Produce +45% projected CAGR in realized contractual gas sales(1) Fixed priced gas contracts erase oil volatility Expressed in boepd 16e sales mix 40,000 High netback natural gas +45% 78%…
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…
Canacols Sweet Spot Chuchupa Ballena Caribbean Sea Gas supply 20%/yr. or 100 MMcf/d from 3 mature gas fields(1) Chuchupa, Ballena and La Creciente Gas demand +34% through 2020e Thermoelectric, refining and industrial…
+100 MMcf/d Of Gas Sales In Dec 2018 Chuchupa Ballena Caracoli Caribbean Sea Paiva Pipeline Co. Preparatory phase May 18 Licensing and permitting Filadelfia Build phase May 18 Nov 18 Twin Jobo Sincelejo pipeline to La…
Reserves + Productive Capacity From 7 Gas Fields VIM 5 100% WI 3D 3D Oboe Clarinete Clarinete3 Esperanza/ VIM 21 100% WI Nispero Jobo Trombon 10 km Canacols fields & discoveries Nelson CDO prospects / leads…
Nelson6 Discovery Means Opportunity To Book Reserves Against Bypassed Pay Nelson Fields shallow gas potential Nelson6 A B Porquero net pay map N5 N4 1,000 Area 640 acres Avg. porosity 29% N2 GIIP 44 Bcf 1,300 Porquero TOP…
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…
Three Oil Levers, When The Time Is Right Canacols oil portfolio 17 of 21 total blocks targeting oil (83% of total) 2.2 MM oilfocused acres Llanos Basin, Colombia + Oriente Basin, Ecuador Production 3,200 bopd(1) Matchless…
Investigate Potential In An Established Play VMM 2 Mono Capuchino1 (MC1) oil exploration well Offset to MA1, drill MC1 in Dec 16e A MA1 MC1 B Depth structure map 67% WI MC1 MA1 B A N MIOCENE 1,000 1 KM LISAMA BASAL…
Successful Oil Exploration on Block LLA23 With a lot more running room Las Maracas LLA 23 12 MMbls 91% WI Leono Five light oil discoveries made along Pantro 110k acres Cravo S Rancho Hermoso fault trend Tigro 9 MMbls…
LLA23: Pumara1 Exploration For 4MM D&A, exposure to up to 5 pay zones Fault dependent anticlinal closure mapped on 3D 1 target: Gacheta / Ubaque 2 target: Miradaor / Barco / C7 INLINE 197 over PUMARA 91% WI PumaraA 1,900 C1…
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 are reducing Canacols debt multiple in MM Debt to trailing actual 12month EBITDAX Apollo Debt to quarterly EBITDAX (annualized) 250 3.8x 200 3.4x BNP 150…
A Rare Dislocation in Equity Value Buy Canacol at a discount to the value of our existing gas contracts BT NPV10, US MM Stable production 166 in MM, except /share amounts under LT contracts 193 TSX share price (11/21/16) CDN…
Contact Calle 113 No. 745 Torre B Oficina 1501 Bogota, Colombia +571.621.1747 IRLAcanacolenergy.com 8th Avenue Place 4500, 525 8th Avenue South West Calgary, Alberta T2P 1G1 Canada 214.235.4798 IRcanacolenergy.com…
Loading...
