3rd Quarter 2018 Earnings Webcast October 26th, 2018
About Projections and Forward-Looking Statements This document has been prepared by Vista Oil & Gas S.A.B. de C.V. (Vista or the Company) and cannot be reproduced or distributed to any other person. Neither this document, nor its…
Vista Oil & Gas 3rd Quarter Highlights Daily Production(1) 24,200 boe/d Operated production + 0.4% Revenues 116.9 MM reversed decline Adj. EBITDA(2) 57.1 MM EBITDA Margin Cash at end of period 123.3 MM 49% Financial Debt…
Total operated production Reverted decline in operated production (98% of total production) Total Operated Daily production Containing conventional base production decline kboed 1 active drilling rig; drilled 13 conventional wells…
Daily production Total production above guidance, driven by oil Total production Oil production Natural gas production NGL production kboed kbbld Mm3d bbld +0.4% 24.1 +1.4% 0.0% 14.6 1.38 744 -1.9% 24.4 24.2 14.6 14.7…
Revenues and pricing Realized prices above guidance Revenues Crude oil average price Natural Gas average price MM /Bbl /MMBTU +4.2% +0.7% 112.2 +7.4% 67.0 4.7 6.0 110.3 116.9 68.0 67.5 4.8 5.1 Q2 2018 (2) Q3 2018 Q2…
Opex Operating expenses reduced by cost-cutting initiatives and impact of the Peso devaluation Total Opex Opex per boe Opex Highlights MM /boe Renegotiated contracts: right-sized O&M providers 39.3 17.3 formulae, tariffs and base…
Capex Significantly reduced conventional drilling cost Key aspects of Q3 Capex Breakdown of Capex Conventional MM drilling performance Conventional activity: 39.6 Average cost per well (MM/well)(1) 9 wells drilled and completed…
Vaca Muerta development On track to tie-in first well in Q1 2019 Bajada del Palo Coirn Amargo Sur Oeste Plan on track to deliver first 4 well pad in Bajada del Palo Block First well continues to show Q1 2019 (Vista 100%) successful…
Vista increased its acreage in Vaca Muerta Added 15,000 net acres through asset swap with Shell Cross Assignment of Rights Agreement Map of the blocks Acquired 90% operated working interest in guila Mora (AM) from Shell in exchange…
Financial overview Solid financial position and strong cash generation from operations Q3 2018 Cash Flow MM 40.4 123.3 44.0 74.8 -35.9 Beginning of period Operating activities Financing activities Investment activities End…
Concluding remarks Reverted operated production decline Further reduced operating expenses to 12.2 /boe Solid operational Conventional drilling cost 42% below 2017 results EBITDA Margin of 51%, 8 p.p. above guidance Improved…