Third quarter 2019 Earnings webcast October 23, 2019
3rd quarter 2019 highlights Consolidated figures in Vista Oil & Gas, S.A.B. de C.V. include operations in Argentina and Mexico Daily Production(1) 31.6 Mboe/d Production growth of Revenues 105 MM 31% Adj. EBITDA(2) 47 MM…
Production Growth continues to be driven by significant shale oil ramp-up Total production Oil production Mboe/d Mboe/d +31% +37% 31.6 29.0 20.3 7.7 18.8 24.2 5.1 14.8 4.7 6.9 24.2 23.9 24.0 14.8 14.1 13.4 Q3 2018 Q2…
Revenues and pricing Production growth offset by lower realized prices Revenues Crude oil average price Natural gas average price MM /bbl /MMBtu (10)% (28)% (31)% 116.9 120.4 67.5 105.4 59.8 48.7 5.1 3.8 3.5 Q3 2018…
Opex Strong y-o-y lifting cost reduction Total Opex Opex per boe MM /boe +8% (17)% 32.5 11.8 12.2 28.4 26.3 9.8 (1) (1) Q3 2018 Q2 2019 Q3 2019 Q3 2018 Q2 2019 Q3 2019 Decrease in lifting cost versus Q3 2018 mainly…
Financial overview Solid financial position Q3 2019 Vista consolidated cash flow MM Financial debt breakdown As of September 30, 2019 Quarterly leverage ratios as of September 30, 2019(1) 5-year unsecured term loan 300.1 Gross…
Vaca Muerta development (1/2) First two pads are producing above expectations while drilling performance is still improving Solid drilling performance Strong production performance Drilling speed Drilling cost Individual well…
Vaca Muerta development (2/2) Producing in line with best operators in the basin Outstanding productivity from all 8 wells, both from La Cocina and Organic landing zones Cumulative 90-day oil production of top 150 Vaca Muerta…
Closing remarks Continued to increase efficiency in Vaca Muerta, both in drilling and productivity Significantly reduced lifting cost, leveraging unconventional production ramp-up with current conventional asset base Maintained…
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