Full Year 2018 Earnings Webcast February 22th, 2019
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…
First year of operations highlights Delivered on 2018 plan Achieved production growth 1 2.5% operated production growth in Q4 2018 q.o.q., reversing 6 consecutive years of production decline Boosted proved reserves 2 Proved…
FY 2018 highlights Oil production kbbld +0.7% 14.6 14.7 2018 Guidance FY 2018(1) % Guidance Actual Daily Production(2) 24,100 boe/d 24,500 boe/d 1.7% Natural gas production Mm3d Adj. EBITDA(3) 190 MM 195 MM 2.6% 4.3%…
Total proved reserves - December 2018 Reserves Replacement Ratio of 161% 57.6 Reserves 55.7 52.2 Replacement 14.3 Ratio (8.9) Total 161% Oil 129% Gas (1) (1) 215% YE 2016 YE 2017 Production Additions YE 2018 Proved…
4th quarter highlights Daily Production(1) 24,700 boe/d Operated production Revenues 104.1 MM + 2.5% q.o.q. Adj. EBITDA(2) 40.4 MM Cash at end of period 80.9 MM Operating Expenses Financial Debt 300 MM 12.6 /boe 27% below…
Total & operated production Ramped up operated production (99% of total production) Operated & total production (kboepd) Q4 monthly breakdown 25.6 (kboepd) 0.2 24.7 +7.2% 24.6 25.5 24.4 24.2 0.3 24.9 0.3 0.7 0.4 23.8 25.4…
Daily production Total production above guidance, driven by natural gas Total production Oil production Natural gas production NGL production kboed kbbld MMm3d bbld +2.5% 24.1 -0.7% 10.1% 14.6 1.38 -3.8% 744 24.4 24.2…
Revenues and pricing Realized prices declined less than global commodity prices Revenues Crude oil average price Natural Gas average price MM /bbl /MMBTU 112.2 -7.2% 67.0 -2.2% 4.7 -14.9% 110.3 116.9 68.0 67.5 104.1 65.5…
Opex Stabilized lifting cost in 12.6 /boe Total Opex Opex per boe MM /boe 39.3 Opex highlights 17.3 -27.2% -27.2% Control on formulae and tariffs ONE-TEAM PULLING already showing results, more interventions 31.3 28.6 14.1…
Capex Significantly reduced conventional drilling cost Key aspects of Q4 Capex Breakdown of Capex MM Conventional activity: 7 wells tied-in (3 wells targeted Lotena formation in Bajada del Palo Oeste - natural gas - and 4 wells…
Vistas Vaca Muerta acreage position Vaca Muerta 134,000 net acres divided in 4 blocks Aguila Mora Divided Bajada del Palo block into Bajada del Palo Oeste and Bajada del Palo Este and obtained 35-years concessions with 12%…
Update of Vaca Muerta development First 4-well pad to be delivered in Q1 2019 Bajada del Palo Oeste early technology adopters First 4-well pad Second 5-well pad Completion of Finished drilling with an average Already drilled…
Financial overview Solid financial position and strong cash generation from operations Q4 2018 Vista Consolidated Cash Flow MM 54.7 1.8 98.9 80.9 123.3 Beginning of period Operating activities Financing activities…
2019 guidance Capex program fully funded with existing cash and expected operating cash flow Updated Previous(3) Daily Production(1) Confirmed 29,900 boe/d + 24% y.o.y. growth Opex 15% reduction 15.1 /boe from previous…
Closing remarks Delivered 2018 results above guidance despite volatile context Executed Vaca Muerta operational ramp-up with strong drilling and completion performance in first pad; stay tuned for production update Strengthened…
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