Why GeoPark PEOPLE TRACK RECORD PROVEN CAPABILITIES 17-YEAR CONTINUOUS ACROSS FULL E&P VALUE OPERATIONAL AND FINANCIAL CHAIN GROWTH VALUE PROVEN OIL AND GAS UPSIDE ASSETS WITH 2P NAV OF SELF-FUNDING 2.5 BILLION…
People = Results Proven 17-Year Performance DRILLING SUCCESS RATE OPEX3 280+ wells 75+% Consolidated 8 /boe Llanos 34 90+% Llanos 34 5 /boe FINDING & DEVELOPMENT COSTS1 DRILL, COMPLETE & PUT-ON- PRODUCTION WELL COST…
Partner of Choice ESG BEST E&P ZERO ZERO ROAD BLOCKS1 VEHICLE ACCIDENTS STOCK AND STRIKES1 IN +6 MM KM NYSE 2017-2019 PERFORMANCE ZERO 100% EMPLOYEES ARE SANCTIONS SHAREHOLDERS 1 2015 - 2019 5
Multi-Project Focused Portfolio Approach Steady Upward Path 2P RESERVES AND NPV101 2P RESERVES NPV10 (mmboe) (Bn) 23 BLOCKS 3.8 MM ACRES 219 3 12 BLOCKS 22 0.3 0.3 MM ACRES 8 0.1 0.1 2 BLOCKS COLOMBIA 4 Pro Forma Amerisur 0.03 MM…
Risk Management Business Through Thick and Thin GEOPOLITICAL - MACROECONOMIC - REGULATORY Macro Risk Multi-country, multi-project, risk-balanced portfolio approach 50 blocks, 11 basins, 6 countries, 8.5+ million acres OECD /…
Plan Ahead for 2020 Cash Flow Positive at Lowest Oil Prices FINANCIAL PROFITABLE DOING MORE CAPITAL ALLOCATION VALUE GROWTH STRENGTH OPERATIONS FOR LESS FOCUS OPPORTUNITIES 163 million1 cash High production base Renegotiating…
Growing Within Cash Flow Self-Funding Resilient Business CASH GENERATION CAPEX BY 2-3X LONG-TERM DEBT PROFILE NO PRINCIPAL PAYMENTS UNTIL 3Q2024 MORE CASH FROM OPERATIONS 2024 425 MM 320+ 260+ 447 398 100+ 2027 350 MM 228…
Allocating Capital to Best Projects Maintaining Full Flexibility LOW MAINTENANCE, HIGH QUALITY ASSET BASE Ecuador - 2020 FLEXIBLE WORK PROGRAM + 25-30/bbl1 35-40/bbl1 60-65/bbl1 Chile Colombia Organic 43,000-44,000 45,000-46,000…
Asset Base Pacific Region Colombia, Ecuador and Peru COLOMBIA ECUADOR AND PERU LLANOS 87 LLANOS 32 COLOMBIA LLANOS 124 LLANOS 34 LLANOS 123 LLANOS 104 Pacific Pipelines Ocean LLANOS Perico Espejo BASIN CPO-5 LLANOS 86…
Asset Base Atlantic Region Chile, Argentina and Brazil CHILE ARGENTINA BRAZIL BRAZIL BRAZIL South Atlantic PARAGUAY Ocean CHILE ARGENTINA ARGENTINA BRAZIL Pacific POTIGUAR BASIN Ocean PARNAIBA BASIN Pacific SERGIPE…
Colombia Core Value Foundation and Growth Source KEY METRICS LLANOS 34 Finding and Development Cost 2.6 /boe (as of Dec. 2019) Pipelines Operating Cost 5.2 /boe (4Q2019) LLANOS BASIN CPO-5 2P Reserve Life Index 10.9 Years…
Colombia Largest & Most Economic Oil Discovery in 20+ Years LLANOS 34 BLOCK: GEOPARK OPERATED WITH 45% WI Chachalaca Field Tilo Field Max Field Chiricoca Field Tigana Field Tarotaro Field Guaco Field Tua Field…
Colombia When Everything Works 110,000,000 80,000 100 mmbbl WELL ECONOMICS Production Milestone 75,000 100,000,000 EUR/well 2-3 mmbbl 70,000 90,000,000 IP Rate 1,000-2,000 bopd 65,000 Payback2 4-6 months 60,000 80,000,000…
Colombia A Tale of Two Basins LLANOS BASIN PUTUMAYO BASIN ANDAQUIES COLOMBIA LLANOS 87 PUT-36 LLANOS 124 LLANOS 32 PUT-30 LLANOS 123 MECAYA PLATANILLO TACACHO LLANOS 34 PUT-9 TERECAY LLANOS 104 PUT-8 PUT-12 COATI…
Opportunity GeoPark Trading At 2017 Levels 60% DECLINE IN 2020 PRESENTS OPPORTUNITY UNDERVALUED VS US PEERS 28 410% 2017-2019 +413% 310% 19 210% 2017 2019 +130% 8 2018 +60% 6 6 110% +40% 3 10% Enterprise Value / Enterprise…
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 underexplored and underdeveloped low- cost basins PETROBRAS…
Unique Value Proposition Leading Latin American E&P Independent PEOPLE MEXICO + TRACK RECORD COLOMBIA + ECUADOR UPSIDE PERU BRAZIL + VALUE + ARGENTINA SELF-FUNDING + PLATFORM 19
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…