Skip to main content November 2018 Investor Day – Geopark Limited Investor Presentation | Shale Experts
Loading...
Pm

November 2018 Investor Day – Geopark Limited

Geopark Limited · Nov 19, 2018 · 46 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. November 2018 Investor Day – Geopark Limited – slide 1
    GeoPark Investor Day N e w Yo r k , N o v e m b e r 1 9 , 2 0 1 8
  2. November 2018 Investor Day – Geopark Limited – slide 2
    Agenda NEW YORK STOCK EXCHANGE, NOVEMBER 19, 2018 VENUE New York Stock Exchange, Hamilton Room PROGRAM 1:00 pm Welcome 3:10 pm Coffee Break 1:05 pm Value Proposition 3:20 pm Growing Assests 1:30 pm Asset Platform 3:30 pm…
  3. November 2018 Investor Day – Geopark Limited – slide 3
    VALUE PROPOSITION 4
  4. November 2018 Investor Day – Geopark Limited – slide 4
    VALUE PROPOSITION 100,000 True Latin American Independent 90,000 MEXICO 80,000 70,000 COLOMBIA ECUADOR 60,000 Net Average Daily Production (boepd) PERU BRAZIL 50,000 ONLY PUBLIC INDEPENDENT POSITIONED ACROSS…
  5. November 2018 Investor Day – Geopark Limited – slide 5
    VALUE PROPOSITION Proven 16 Year Performance DRILLING SUCCESS RATE OPEX3 250 wells 70+% Consolidated 8 /boe Llanos 34 90+% Llanos 34 4 /boe FINDING & DEVELOPMENT COSTS1 DRILL, COMPLETE & PUT-ON- PRODUCTION WELL COST…
  6. November 2018 Investor Day – Geopark Limited – slide 6
    VALUE PROPOSITION Partner of Choice SAFETY PROSPERITY EMPLOYEES ENVIRONMENT COMMUNITY DEVELOPMENT ZERO 130% 100% ZERO ZERO VEHICLE ACCIDENTS STOCK PRICE EMPLOYEES ARE SANCTIONS ROAD BLOCKS1 IN 6 MM KM INCREASE IN 2017…
  7. November 2018 Investor Day – Geopark Limited – slide 7
    ASSET PLATFORM 8
  8. November 2018 Investor Day – Geopark Limited – slide 8
    ASSET PLATFORM Why Latin America Proven Reserves 7,200,000 and Production by 1,700,000 2,220,000 Country 870,000 UNDERDEVELOPED 303,000,000 1,230,000 8,300,000 UNDEREXPLORED 550,000 ONLY A HANDFUL OF 1,200,000…
  9. November 2018 Investor Day – Geopark Limited – slide 9
    ASSET PLATFORM Deep Risk Balanced Portfolio COLOMBIA Leading oil story in Latin America - grew Llanos 34 block from 0 to 65,000+ bopd gross since 2012 World-class oil fields Tigana / Jacana Introduced new play concept to Llanos…
  10. November 2018 Investor Day – Geopark Limited – slide 10
    ASSET PLATFORM COLOMBIA 11
  11. November 2018 Investor Day – Geopark Limited – slide 11
    ASSET PLATFORM COLOMBIA 100 Years of Oil & Gas Basic Facts TOTAL EXPORTS () Population: 49 million GDP: 309 billion 2018 projected real GDP growth: 2.8% Oil & Gas infrastructure in place 35% 13.2 Bn Pending reforms: Corporate…
  12. November 2018 Investor Day – Geopark Limited – slide 12
    ASSET PLATFORM COLOMBIA Leading Oil Story in Latin America Key asset: Llanos 34 Our Net Reserves 2P RESERVES (MMBBL) PRODUCTION (BBL/D) 4 blocks - 2 operated Assets 0.3 mm acres and Production D&M 2P and 3P net reserves: 88.2 MMbbl…
  13. November 2018 Investor Day – Geopark Limited – slide 13
    ASSET PLATFORM COLOMBIA Llanos Orientales Basin: Location and Geology LLANOS STRATIGRAPHIC ORIENTALES COLUMN LLANOS 34 LIGHT OIL LIGHT TO HEAVY OIL w/ CONDENSATE MEDIUM OIL MORONA BLOCK 14
  14. November 2018 Investor Day – Geopark Limited – slide 14
    ASSET PLATFORM COLOMBIA Llanos 34: It Just Keeps Growing Chachalaca Chiricoca Field Max Field Field Chachalaca Sur Field Tigana Tilo Field Field Tarotaro Field Tua Field Jacana Field Aruco Curucuc Field Field…
  15. November 2018 Investor Day – Geopark Limited – slide 15
    ASSET PLATFORM COLOMBIA 2019 Drilling Campaign LLANOS 34 BLOCK: GEOPARK OPERATED, 45% WI 1 OPPORTUNITY FOR LOW RISK Chachalaca Field Chiricoca Field PRODUCTION GROWTH well Chachalaca Sur Field Max Field Exploration wells…
  16. November 2018 Investor Day – Geopark Limited – slide 16
    ASSET PLATFORM COLOMBIA When Everything Works 70,000,000 65,000 Multiplying Value WELL ECONOMICS 40x in 5 Years EUR/well 2-3 MMbbl 60,000 PRODUCTION HISTORY 60,000,000 55,000 IP Rate 1,000-2,000 bopd LLANOS 34 BLOCK Payback…
  17. November 2018 Investor Day – Geopark Limited – slide 17
    ASSET PLATFORM COLOMBIA Low Cost Champion OPERATING COST PER BARREL 4 /bbl Operating Cost in the Llanos 34 Block 13.8 -70% 8.3 5.8 4.4 4.3 4.3 2013 2014 2015 2016 2017 2018 (YTD) USD PER FOOT DRILLED 2012 2018 YTD Fastest,…
  18. November 2018 Investor Day – Geopark Limited – slide 18
    ASSET PLATFORM COLOMBIA Transportation Cost Savings Discount Evolution (/bbl) 20 19 16 15 15 12.5-13.5 2014 2015 2016 2017 2018 E 2019 E 19
  19. November 2018 Investor Day – Geopark Limited – slide 19
    ASSET PLATFORM PERU 20
  20. November 2018 Investor Day – Geopark Limited – slide 20
    ASSET PLATFORM PERU Back to the Oil Business TOTAL EXPORTS () Basic Facts Population: 32 million GDP: 211 billion 2018 projected real GDP growth: 4.1% Improving Oil & Gas infrastructure 3.5 Bn 8% Pending reforms: Hydrocarbons…
  21. November 2018 Investor Day – Geopark Limited – slide 21
    ASSET PLATFORM PERU Discovered Light Oil Field with 200+ MMbbl Upside World class asset: Morona block (Maraon basin) Our Partnered with NOC Petroperu for its return to E&P COLOMBIA Assets business ECUADOR 1.9 MM acres Two wells…
  22. November 2018 Investor Day – Geopark Limited – slide 22
    ASSET PLATFORM PERU Three Country Petroleum System: Maraon, Oriente & Putumayo Basins COLOMBIA ONE BIG, ATTRACTIVE, UNDERDEVELOPED, THREE BILLION BARRELS OF OIL ALREADY UNDEREXPLOITED SYSTEM PRODUCED P ECUADOR O 150 FIELDS…
  23. November 2018 Investor Day – Geopark Limited – slide 23
    ASSET PLATFORM PERU Morona Block: Exploration Potential & Reserves Summary 3P Sit. 3X 2P Sit. 2X P1 Total Horst Area 211 MMbbl EXPLORATORY POTENTIAL 300 500 MMbbl, Net exploration resources (4 Prospects + 6…
  24. November 2018 Investor Day – Geopark Limited – slide 24
    ASSET PLATFORM PERU Risk-Balanced Approach EXPECTED EIA APPROVAL EXPECTED FIRST OIL 2019 2020 EIA EXPLORATION PROGRAM BASE CAMP NET BASE MMBBL NPV10 ENGINEERING RESERVES FLEXIPIPE SOCIAL ENVIRONMENTAL / HS / IT…
  25. November 2018 Investor Day – Geopark Limited – slide 25
    ASSET PLATFORM PERU Partnering with Communities Morona Project GEOPARK STRATEGY Communication and Consultation DIRECT AREA OF INFLUENCE Participative DIRECT AREA OF INFLUENCE Local Monitoring and Employment BEFORE Control…
  26. November 2018 Investor Day – Geopark Limited – slide 26
    ARGENTINA, BRAZIL AND CHILE 27
  27. November 2018 Investor Day – Geopark Limited – slide 27
    ARGENTINA, BRAZIL AND CHILE Diversified Existing Opportunities ARGENTINA BRAZIL CHILE Low-cost acquisition in 1Q2018 Key asset: Manati gas field Key asset: Fell block 7 blocks - 3 operated 10 blocks - 9 operated 5 operated blocks…
  28. November 2018 Investor Day – Geopark Limited – slide 28
    GROW ING ASSETS Attractive New Opportunities PEMEX Bolt-Ons 2+ Billion New Project Inventory ECOPETROL PETROBRAS Bolt-Ons M&A BIG UNDERDEVELOPED HYDROCARBON POTENTIAL Bolt-Ons PETROAMAZONAS Bolt-Ons PETROPERU…
  29. November 2018 Investor Day – Geopark Limited – slide 29
    FINANCIAL PERFORMANCE 30
  30. November 2018 Investor Day – Geopark Limited – slide 30
    GROW ING ASSETS Growing Within Cashflow CASHFLOW 2-3X CAPEX HIGH NETBACKS Powerful Cash 76 (/boe) Generation 8 65 69 7 14 7 11 1 46 12 240+ 7 1 380-400 3 7 6 2 100+ 8 17 29 228 30 3 65+ 80+ 5 39 118 122 106 140-150 35…
  31. November 2018 Investor Day – Geopark Limited – slide 31
    FINANCIAL PERFORMANCE Proven Balance Sheet Management Net Leverage 4.0X 3.7X Lowest Yield Below 1X 3.5x Among Latam Peer Group 7.98% 8.06% Yield* 6.58% 7.13% 1.7X Net 1.2X 1.1X Leverage Ratio 0.9X B+ B BB- BB- Credit rating B+…
  32. November 2018 Investor Day – Geopark Limited – slide 32
    2019 WORK PROGRAM 33
  33. November 2018 Investor Day – Geopark Limited – slide 33
    2019 W ORK PROGRAM Principles TECHNICAL ECONOMIC STRATEGIC Maximum efficient development of Llanos 34 Operate and grow within cashflow Achieve scale Initiate Morona block project, with production Grow operating netback, EBITDA and…
  34. November 2018 Investor Day – Geopark Limited – slide 34
    2019 W ORK PROGRAM Building Production 2019 Average: Production 2018 Average: 40,500 - 41,500 boepd 2019 Estimated 2,400-2,600 (Boepd) 35,500-36,500 boepd Average Production 2,000-2,300 (Boepd) 3,200-3,400 15% Gas 85% Oil…
  35. November 2018 Investor Day – Geopark Limited – slide 35
    2019 W ORK PROGRAM Growing Cashflow and Creating Efficiencies Cashflow Oil Price Sensitivity 2019E OP. NETBACK (65-75/Brent) 420-500 380-400 28-34 per boe 228 118 122 2015 2016 2017 2018 E2 2019 E1 Operating Netback…
  36. November 2018 Investor Day – Geopark Limited – slide 36
    2019 W ORK PROGRAM Flexible Growth in Any Oil Price Scenario PRODUCTION OPERATING ACCELERATED PROGRAM CAPEX + + GROWTH NETBACK Third rig in Colombia operating full year Accelerated activities in Argentina 15%-20% 540-580 MM…
  37. November 2018 Investor Day – Geopark Limited – slide 37
    SHAREHOLDER VALUE CREATION 38
  38. November 2018 Investor Day – Geopark Limited – slide 38
    SHAREHOLDER VALUE CREATION Building Partnerships Increased LTM Nov 2018 Marketing Efforts Conferences 24 Non-deal Roadshows 12 Management Presentations/Field Trip/Other 5 Investor Meetings 450+ Cities 34 8.7 Dramatic…
  39. November 2018 Investor Day – Geopark Limited – slide 39
    SHAREHOLDER VALUE CREATION Firing On All Cylinders 2P NPV (D&M) 2P RESERVES MM MMBOE (D&M) CAGR 23% CAGR 18% 2,290 2P RLI 159.3 15.5 1,005 YEARS 56.9 2012 2017 2012 2017 SUM OF THE PARTS VALUATION EXERCISE MM (Based…
  40. November 2018 Investor Day – Geopark Limited – slide 40
  41. November 2018 Investor Day – Geopark Limited – slide 41
    GEOPARK SPEAKERS Biographies JAMES F. PARK AUGUSTO ZUBILLAGA Chief Executive Officer Chief Operating Officer Mr. Park has served as our Chief Executive Officer and as a member of our Board Augusto has served as our Chief Operating…
  42. November 2018 Investor Day – Geopark Limited – slide 42
    GEOPARK SPEAKERS Biographies MARCELA VACA BARBARA BRUCE Director for Colombia Director for Peru Marcela has been our Director for Colombia since August 2012. Mrs. Vaca holds a Barbara has been our Director for Peru since June 2017.…
  43. November 2018 Investor Day – Geopark Limited – slide 43
  44. November 2018 Investor Day – Geopark Limited – slide 44
  45. November 2018 Investor Day – Geopark Limited – slide 45
    CONTACTS JAMES F. PARK ANDRS OCAMPO STACY STEIMEL Chief Executive Officer Chief Financial Officer Shareholder Value Director Santiago, Chile Nuestra Seora de los ngeles 179 Las Condes, Santiago, Chile Phone: +(56 2) 2242…
  46. November 2018 Investor Day – Geopark Limited – slide 46

From the store

Browse maps, data & reports in the Shale Experts store