September 2017 Two gas projects to nearly triple gas production by Dec 2018(1) (1) From 85 230 MMcf/d, or 2.7x
FOCUS: The Path To 300 MM EBITDA TSX: CNE BVC: CNE.C In MM, except CDN /share amounts TSX /share (9/12/17) CDN 4.04 17 corporate production guidance gas production 85 130 MMcf/d (Dec 17 exit) Fully diluted shares outstanding(1)…
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…
Two Gas Projects To Nearly Triple Gas Production By Dec 18 Chuchupa Ballena Barranquilla 1 Sabanas +40 MMcf/d Pipeline Co. Caribbean Sea Caracoli 130 MMcf/d Dec 17 Paiva 40 MM pipeline; announced 30 MM Cartagena Reficar…
Canacols Sweet Spot Replacing Chevrons gas supply to the Caribbean Chuchupa Ballena Gas demand +3%/yr. through 2025e(1) supply 20%/yr. decline ongoing Caribbean Sea or 100 MMcf/d(2) Excess demand 70 MMcf/d avg. 20e 600 Excess…
A Conventional Natural Gas Success Story X 3 exploration wells left for 2017 Canacol Gas Sincelejo Bremen Strong base production and reserves 3 acquisitions ('12'14) 96 BCF 2 1 VIM 19 Trailing 3yr. 2P reserve adds 314 BCF…
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 well 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…
Caandonga1 Exploration Well 3 Potential Pay Zones Castor N Sucre Flow line Castor S Sucre S NISPERO1 TROMBON1 Caandonga1 Tablon On strong structural trend Jobo Station Canacol fields 240 BCF(1) Nelson, Nispero & Trombon…
Aim To Deliver 230 MMcf/d By 2018 Exit Only 3 wells or 18 MM to maintain 230 MMcf/d 85 MMcf/d today Today 13 gas wells producing 85 MMcf/d Wells choked back Potential 13 gas wells producing 130 MMcf/d To 130 MMcf/d to exit…
Spend 40 MM To +40 MMcf/d in Dec 17 130 230 MMcf/d in Dec 18 Building 84 km Sabanas pipeline + Caribbean 2 compressor stations Sea Bremen 42 MMcf/d flow line capacity to Bremen Station Sincelejo VIM 19 Utilizing stateoftheart…
Outlook 85 130 230 MMcf/d +49% CAGR in gas production Substantial liquidity enables execution MMcf/d US in MM 300 220 forecast 2Q 17 net debt 230 MM 19e ebitda 300 MM 180 140 230 135 100 130 85 60 70 '16 '17 '17…
Canacols Acreage Is Colombias Shale Oil Sweet Spot 2.3 trillion oil barrels in S.A. has La Luna source rock Source: 2010 Journal of Petroleum Geology Mono Araa 1.7 M acres of La Luna fairway in Colombia Mono Capuchino Source:…
PicoPlata1 Vertical Unconventional Well Operated By Conoco GALEMBO C Frac 3 VMM3 gross acres 83k Canacol WI 20% La Luna shales Gross thickness 1369 ft. Net pay 866 ft. Avg. porosity 10% GALEMBO D1 Jan 2017, 3…
Contact Carolina Orozco Director, Investor Relations 44 (0) 755.537.3873 corozcocanacolenergy.com Kevin Flick VP, Investor Relations 214.235.4798 kflickcanacolenergy.com Phil Heinrich Investor Relations Manager…