Operational Update Operational Update October 2014 October 2014 0
Company Highlights Producing 300 bbls/d to PNA W.I. from 2 discoveries in the Llanos Basin1,2 2P reserves of 2 9 mmbbls1,3 2P reserves of 2.9 mmbbls , Cagun C Putumayo Basin i Best estimate W.I. unrisked prospective Tinigua…
Llanos Basin: CPO7 & CPO13 Total 1,094,689 gross acres Operator: Tecpecol; PNA 20% W.I. ANH contracts, X factors: CPO7: 47% CPO13: 32% 3
CPO13 & CPO7 Blocks Located in one of the most prolific areas in the Llanos Basin Caracara PNA holds a 20% W.I. in both the 0 15 30 45 km 40 MMbbl 2P Reserves1; 18.4 Mbbl/d as at 20132 CPO13 and CPO7 Blocks Source: 1 CEPSA, Nota…
CPO13: One Discovery and Extraordinary Potential Appraising the Quifa/Rubiales Trend Carbonera Basal Sands Paleozoic Isochrone Map J Prospect Oil doesnt stop at borders Best prospective Resources PNA W.I ARENOSO (J) 1.0 MMBbl SE…
CPO13 Block In the Heart of the Heavy Oil Belt Pendare Discovery Pendare W.I. Production (bbls/d)1 Producing 100 bbls/d net to PNAs W.I. from two wells as at August 20141 2P reserves of 1.7 mmbbls2 2D seismic and results of the…
CPO13: Next Steps 1240000 1260000 1280000 Pendare Discovery 940000 940000 Complete interpretation of the 3D seismic J M Initiate a fourwell drilling campaign to QUIFA delineate the Pendare discovery and explore…
CPO7: Atarraya Discovery CPO7 Highlights PetroNova holds a 20% W.I. (Operator: Tecpetrol) Atarraya Discovery Best estimate prospective resources of 11.6 B i i f 11 6 mmbbl to PNAs W.I.2 Atarraya Discovery Producing Producing…
CPO07: Next Steps A Complete 3D seismic interpretation of the Atarraya E discovery Ocelote Field Complete 2D seismic Complete 2D seismic Caracara Atarraya interpretation on the rest of the Field Field Block 9 Identify step…
CagunPutumayo Basin: Tinigua 105,471 gross acres Operator: PetroNova, 40% W.I. ANH contract (no X factor) 63 mmbl net prospective resources 63 mmbl net prospective resources 10
Tinigua Block LLANOS BASIN LLANOS BASIN Transition Zone (Mirador & Upper Cretaceous) MMBO BOPD API () A Cupiagua 700 24,863 4246 A B Cusiana 700 8,267 4344 C Apiay 445 13,596 917;24.6 B D Chichimene 77 43,477 911; 1724.2 E Castilla…
Tinigua Block Tinigua Caimo Operated by PetroNova (40% W.I.) Prospect Lead 105,471 gross acres, no X factor % Tinigua prospect identified after reprocessing prospect identified after reprocessing and interpreting the 294 km 2D…
Tinigua: Operational Update & Next Steps 109 km2 of 3D seismic completed in May 2012; preliminary well location selected Obtained environmental license to drill up to 20 exploratory wells from 5 different locations Socialization…
CagunPutumayo Basin: PUT2 96,666 gross acres Operator: PetroNova, 75% W.I. Operator: PetroNova, 75% W.I. ANH contract (1% X factor) 42 mmbl net prospective resources 14
PUT2 Block Operated by PetroNova (75% W.I.) 96,666 gross acres, X factor: 1% Putumayo is the northern extension of Putumayo is the northern extension of Oriente Basin and one of Colombias most prolific basins; neighbors include…
PUT2 Prospects Time Structural Map PNA WI Unrisked Prospective Resources Upper U Sand Villeta Formation Prospect (mmbbl) LOW BEST HIGH CANELO NORTE1 0.56 1.97 5.37 Canelo Norte CANELO SUR1 CANELO SUR1 1 55 1.55 4 82 4.82 11…
PUT2: Operational Update & Next Steps Canelo Sur2 prospect was drilled to TD of 9,970 ft. targeting the Villeta formation o mud log data indicated 45 ft. of lower U sand with fairquality oil shows o logs interpreted sand as oil…
Financial Highlights Current Assets (as of June 30 2014)1: 16.7 mm Current Assets (as of June 30, 2014) : 16 7 mm Financial Debt (as of June 30, 2014): 2.3 mm Selected figures as of June 30, 2014: Cash and cash equivalents 9.4…
Capitalization PNAs shares began trading on the TSX Venture Exchange on December 21, 2010 20.0 mm funded by insiders and business associates in 2009 10.0 mm through private placement in June 2010 65.4 mm through an IPO in December…
Social Responsibility SOCIAL INVESTMENT GUIDELINES Concerted process (community, authorities Local & company) & company) Authorities Communityy Authorities Local communities need to be educated Projects have to improve local…
Disciplined Path Towards Growth Outlook Complete 2D seismic interpretation in CPO7 Complete 3D seismic interpretation in Atarraya & Pendare Continue extended tests in CPO7 & CPO13 Begin drilling Pendare prospects in CPO13 in Q4…
The Opportunity Extensive and diversified exploration portfolio covering more than 1.29 Extensive and diversified exploration portfolio covering more than 1.29 million acres Blocks with significant growth potential located on…
Management, Directors & Corporate Information Management Team Board of Directors Corporate Information Antonio J. Vincentelli, Judy Stripling Ernst & Young LLP President & CEO Former CFO Pace Oil & Gas Ltd. Auditors Former President,…
Appendix 25
Reserve and Resource Summary Reserves PNA WI RESERVES GROSS PROVED + NET PROVED + BLOCK / RESERVOIR PROBABLES PROBABLES (MBBLS) (MBBLS) CPO-7 / Atarraya 1,181 576 CPO-13 / Pendare 1,694 1,083 TOTAL 2,875 1,659 Source: Petrotech…
Tinigua 27
Tinigua Block 20102011 Summary TOTAL GROSS SAND: 1,160 Feet 2D Seismic Interpretation Uribe 1970 Survey 2D S i i I t t ti U ib 1970 S Mirador Sandstones URIBE1 (TVD) Time Structural Map 962000 964000 966000 968000 970000 972000…
Tinigua Geological Interpretation PNA WI Unrisked Prospective Prospect Resources (mmbbl) 109 km23D seismic confirms a large fault LOW BEST HIGH Mirador 11.98 29,20 53,59 propagation fold structure, with an areal extension Macarena…
Tinigua 3D Seismic Interpretation & Prospective Resources 30
Seismic Attribute Analysis Flat Spots Identified in Tinigua Prospect InLine 83 InLine 170 A A B B Flat Spots: Possible Fluid Contacts Mirador Mirador Macarena Flat Spot: Macarena Possible Oil Oil--Water…