June 2017 Two gas projects to nearly triple gas production by Dec 2018(1) (1) From 85 230 MMcf/d, or 2.7x
Forward Looking Statements This presentation may include certain forward looking statements. All statements 22 blocks / other than statements of historical fact, included herein, including, without 2.7 MM net acres limitation,…
FOCUS: The Path To 300 MM EBITDAX In MM, except CDN /share amounts TSX /share (6/28/17) CDN 4.24 17 corporate production guidance gas production 85 130 MMcf/d (Dec 17 exit) Fully diluted shares outstanding(1) 177 Fully funded…
Strong Track Record Of Asset Optimization Added 314 BCF in 2P reserves over the trailing 3yrs. +52% CAGR in 2P reserves A conventional gas success story In MMboe(1) oil gas Recent 2P NPV10 1.2 B(2) 85 79 Gas exploration success…
A Conventional Natural Gas Success Story X Canacol Gas Bremen / Sincelejo Strong base production and reserves 3 acquisitions ('12'14) 96 BCF 2 1 VIM 19 Trailing 3yr. 2P reserve adds 314 BCF Recent 2p reserves 410 BCF (1) Gas…
Two Gas Projects To Nearly Triple Gas Production By Dec 18 Chuchupa Ballena Barranquilla 1 SPV +40 MMcf/d Pipeline Co. Caribbean Sea Caracoli 130 MMcf/d Dec 17 Paiva Closing 40 MM equity placement in the Cartagena Reficar…
From 85 130 230 MMcf/d Canacol gas production is capital light MMcf/d Facilities in place 10 wells in 3yrs to 250 Today 14 gas wells producing 85 MMcf/d maintain production Potential 140 MMcf/d 230 230 230 Wells choked back / no…
High Barriers To Enter Colombias Gas Market On track to replace Chevron as the largest gas supplier to the Caribbean Orca1 Dec 14 Guajira offshore Guajira onshore 3 Colombia basins with access to the Caribbean gas market…
Canacols Sweet Spot Replacing Chevrons gas supply to the Caribbean Caribbean gas demand +3%/yr. through 2025e(1) supply 20%/yr. decline ongoing or 100 MMcf/d(2) Upside 70 MMcf/d avg. 20e 600 Excess demand 230 25 75 230 477…
The Next Leg Up Is Right Around the Corner Two steps 130 230 MMcf/d Canacols CDN /share vs. average quarterly gas sales in MMcf/d 4.75 86 84 Dec 15 Dec 16 83 gas production 3.8x 4.25 22 84 MMcf/d 70 share price 1.7x CDN…
AVO Reduces Exploration Risk Discovered 314 BCF from 8 gas fields over the trailing 3yrs. OBOE1 FEB 16 PANDERETA1 The hunt for repeatable anomalies CLARINETE1 CLARINETE1 PANDERETA1 Dec 14 AVO extraction over the Mid CDO 1,200…
Drilling For Repeatable Anomalies In The Porquero VIM 19 Jun 17: Toronja1 exploration wells tested 46 MMcf/d SSJN7 VIM 5 VIM 21 Esperanza TORONJA1 NELSON6 Jun 17 Nov 16 1 1,200 1,400 1,600 NELSON5 Intra…
Toronja1 Suggests Much More VIM 19 In Store For The Porquero SSJN7 VIM 5 VIM 21 Esperanza Nelson5, Nelson6 added 25 Bcf from the Porquero Formation(1) Nov 16 Nelson6 spelled opportunity Net pay 39 ft. TVD Tested 23…
VIM 19 Pandereta1 Exploration Target SSJN7 VIM 5 VIM 21 Esperanza 1 1 PANDERETA1 2 1,500 Tubara Marker 1,700 Lower Tubara Marker PANDERETA1 1,900 Mid Miocene / Top CDO 2,100 Top Blue Top Red 2 2,300…
VIM 19 Mid Nov 17 Gaitero1 Exploration Target SSJN7 VIM 5 3way faulted anticline targeting the proven CDO VIM 21 Esperanza D&A 3.5 MM Depth 9,500k ft. MD Days to drill/test 5 weeks On success Up to 2 development…
Financial Strength Substantial liquidity enables execution US in MM Senior secured term loan 1Q 17 debt 265 MM Credit Suisse + syndicate 265 MM(1) / L+5.50% 19e ebitdax 300 MM 300 Green Shoe funds w/in 1yr. Up to 40 MM No…
Appendix 17
Conventional Oil Optionality Divest or activate, if the oil price is right Canacols conventional oil opportunity Blocks / net acres 17 / 1.5 MM Llanos Basin, Colombia Production 1,800 bopd(2) 2P reserves 3 MMbls(3) Llanos…
World Class La Luna Shale Oil In The Magdalena Basins La Luna Shale depositional limit Depositional area exceeds 1 million km2 Source rock 2.3 trillion barrels in S.A. Middle Magdalena Canacols unconventional portfolio…
Contact Carolina Orozco Director, Investor Relations +571.621.1747 corozcocanacolenergy.com Kevin Flick VP, Investor Relations 214.235.4798 kflickcanacolenergy.com Phil Heinrich Investor Relations Manager…
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