Why Latin America GLOBAL PROVED OIL RESERVES (BILLION BARRELS) LATIN AMERICA MOST PROLIFIC OIL BASINS 836 MEXICO SOUTH EAST LATIN AMERICA 2 LARGEST REGION GUYANA 338 OFFSHORE BRAZIL 229 POTIGUAR 145 125 RECONCAVO OFFSHORE…
The Business of Conventional Oil & Gas ECONOMICS BREAKEVEN DECLINE EUR PER WELL DRILLING COST 50-80% IRR 25-45 /bbl 10-20% 1-3 mmboe 1-4 mm 25% IRR 40-60 /bbl 45-60% 0.7-1.0 mmboe 8-10 mm Conventional Unconventional LOW…
True Latin American Independent 100.000 MEXICO 90.000 80.000 COLOMBIA 70.000 ECUADOR 60.000 Net Average Daily Production (boepd) PERU BRAZIL ONLY PUBLIC 50.000 INDEPENDENT POSITIONED ACROSS LATIN…
People = Results Proven 16 Year Performance DRILLING SUCCESS RATE OPEX3 270+ wells 75+% Consolidated 8 /boe Llanos 34 90+% Llanos 34 4 /boe FINDING & DEVELOPMENT COSTS1 DRILL, COMPLETE & PUT-ON- PRODUCTION WELL COST Consolidated…
Partner of Choice ZERO ZERO 342% ROAD BLOCKS1 VEHICLE ACCIDENTS STOCK PRICE AND STRIKES1 IN 6 MM KM INCREASE2 ZERO 100% EMPLOYEES ARE SANCTIONS SHAREHOLDERS 1 2015-2019 YTD 2 2017-July 2019 6
Growing Within Cash Flow Self-Funding Real Business POWERFUL CASH GENERATION LOW BREAKEVEN 40,000 100% Oil (40-50 /bbl) MORE CASH FROM 90% OPERATIONS Production (boepd) 260+ 100+ 398 Oil (25-30 /bbl) 228 65+ 80+ 118…
Allocating Capital to Best Projects Performance-Enhancing Competition Flexible Work Program 60-/bbl 65-75/bbl 80+/bbl - Oil Price Environment (/bbl) + Brazil Colombia Project Portfolio CAPEX CAPEX 80-90 MM 3-5 MM 2019 CAPITAL…
Colombia Leading Oil Story in Latin America OUR ASSETS NET RESERVES AND PRODUCTION GROWTH Key asset: Llanos 34 2P RESERVES (MMBBL) PRODUCTION (BBL/D) 7 blocks - 5 operated 0.9 mm acres D&M 2P and 3P net reserves: 111.2 mmbbl and…
Colombia Llanos 34: 200+ mmbbl and Growing Chachalaca Field Caica Chiricoca Field Max Field Chachalaca Sur Field Tilo Field 500 Tigana Field -10. Carpintero Tarotaro Field Guaco GeoPark brought new geological Tua…
Colombia When Everything Works MULTIPLYING VALUE 45X IN 6 YEARS 75.000 80.000.000 70.000 WELL ECONOMICS EUR/well 2-3 mmbbl 65.000 70.000.000 IP Rate 1,000-2,000 bopd 60.000 Payback 4-6 months 55.000 60.000.000 Cumulative…
Peru Discovered Light Oil Field with 200+ mmbbl Upside OUR ASSETS World class asset: Morona block (Maraon basin) COLOMBIA Partnered with NOC Petroperu for its return to E&P ECUADOR business 1.9 mm acres MARAON Pacific BASIN Two…
Ecuador New Successful Country Entry OUR ASSETS Perico and Espejo blocks awarded in the Intracampos bid round (2019) Blocks located in the prolific Oriente basin, covered with 3D COLOMBIA seismic, adjacent to multiple discoveries,…
Argentina Back to Our Roots OUR ASSETS 2.2 mm acres in Neuquen basin 7 blocks - 3 operated BRAZIL LOS PARLAMENTOS 2P net reserves: 14.2 mmboe CHILE ARGENTINA Development and exploration opportunities Vaca Muerta and tight…
Brazil Secure Cash Flow from 1 tcf Gas Field OUR ASSETS Key Asset: Manati gas field South Atlantic Partnership with NOC Petrobras Ocean 8 blocks - 7 operated 0.3 mm acres Producing approximately 2,000-2,500 boepd of gas POTIGUAR…
Chile Pioneering Mature Frontiers OUR ASSETS BOLIVIA Key asset: Fell block 5 operated blocks BRAZIL 0.8 mm acres D&M 2P net reserves: 24.7 mmboe PARAGUAY Pacific Long-term gas contract at attractive prices (4-5/mcf) Ocean…
Opportunity: Net Asset Value Exceeds Market Cap GEOPARK BEST PERFORMING E&P STOCK (NYSE 2017-2018)1 UNDERVALUED ON EVERY METRIC VS PEERS 2017-20193: +342% 2018 350% +40% 51.0 250% 2017 +130% 2019 YTD 35.0 +38% 150% 14.6 12.1…
Wide-Open Continent 4+ Billion New Project Inventory PEMEX LATIN AMERICA FOCUSED Bolt-Ons Region with largest hydrocarbon resource potential after Middle East Big proven under-explored and under-developed low- cost basins…
Unique Value Proposition: Leading Latin American E&P Independent PEOPLE MEXICO + TRACK RECORD COLOMBIA + ECUADOR UPSIDE PERU BRAZIL + VALUE + ARGENTINA SELF-FUNDING E CHIL + PLATFORM 20
Come on Board Short, Medium & Long Term Investment Opportunity PEOPLE MEXICO + TRACK-RECORD COLOMBIA + ECUADOR UPSIDE BRAZIL PERU + VALUE + ARGENTINA SELF-FUNDING E CHIL + PLATFORM 21
Company Directory 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…