Why Canacol Colombias Largest Independent Natural Gas Producer Best in Class Assets & Financial Strength & Sustainability Management Discipline Growing reserves, production, and cash Supplying growing demand for clean- Strong…
Canacol at a Glance TSX : CNE BVC : CNE.C OTCQX : CNNEF Basic Shares O/S (MM) 1 34.1 Share Price (C) 2 10.05 Market Cap CAD343MM - (USMM) 2, 3 253 Net Debt (USMM) 4 613 Enterprise Value (USMM) 865 Quarterly Dividend (C/sh) 0.26 Annual…
Canacols Unique Value Proposition in Colombia Highlights Natural Gas Supply in Colombia(1, 4) 1,400 (in mmscfd) 30% 1 Largest independent natural gas producer 1,200 1,071 1,091 1,073 1,058 1,044 25% 1,000 984 20% 2…
Natural Gas Will Lead The Energy Transition In Colombia Climate Change: Colombia plans to use more gas to meet its Paris Energy Demand Projections (PJ)1 2,000 Agreement CO2 Emission Target: 51% by 2030 Gas produces 50% less CO2…
Long-Term Supply Shortage = High and Stable Gas Prices Canacols sales and transportation contracts give us a strong competitive advantage in meeting Colombias increasing gas demand. Realized Gas Price History (US/Mcf)1 Volatility of…
CAPEX (US MM) 2023 Plan 13 Gas Sales 13 160 206 MMscfpd Low end of sales guidance = firm take-or-pay contracts only 98 163 73 Capex 138 US138 - 163 MM 23 23 Drill up to 10 exploration and appraisal wells 21 21…
Financial Flexibility Debt Profile: Senior Notes: 500 million Maturity: Nov 2028, Interest Rate: 5.75% Principal Maturities (USmm) 500.0 Ratings: Fitch: BB, S&P: BB-, Moodys Ba3 Revolving Credit Facility: 200 million 75 million…
Diversifying and Growing Canacols Gas Market Jobo-Medellin Pipeline Interior Market Coastal Market - Larger market (60% of Colombias Natural Gas Demand) - lots of - Canacol has grown to supply 50% of the coastal gas room to grow…
Jobo-Medelln pipeline will connect Canacols gas fields to the interior sales market of Colombia Pre-existing network fees prevent Canacol from supplying the Interior Market: Transport fees to Interior:5-6 US/Mcf Solution: New…
Positioned for Growth Continue Utilizing Best-in-Class Technology and Expertise to De-Risk Large Resource Potential Large resource base Land (Gas): Mean Prospective Resources: Blocks: 11 Un-risked: 20.5 TCF Net Acres: 1.8MM Risked:…
Industry-Leading Exploration Success Utilizing AVO* Uncalibrated 3D Calibrated 3D for AVO analysis Includes pay in ft. TVD Discovery Arandala-1 Prospect Cacahuate-1 30 ft. Carambolo-1 67 ft. Datil-1 Breva-1 29 ft.…
Middle Magdalena Valley Basin Overview CHIMELA- Middle Magdalena Basin 1 Long history of oil and gas production from multiple VMM45 POLA-1 reservoirs. Significant proven hydrocarbon potential in both deep Cretaceous- and shallower…
Our ESG Strategy: Progressing Towards Net Zero & Sustainable Development ESG Performance - Ratings We recognize the value of monitoring, evaluation and learning in ESG ratings year on year 2022 score: 2022 score: 2022 score: A…
Our Progress Towards ESG Excellence Key Highlights Canacol is committed to explore and produce the natural gas needed to improve the quality of life for millions of Colombians in a safe, efficient, and cost-effective way A cleaner…
Our Progress Towards ESG Excellence Key Highlights A society guided by sustainable A transparent and ethical business development Stakeholder, community 87.5% Independent directors Robust codes & policies and employee engagement…
Supporting Colombias Transition Canacol Beats its Peer Group in GHG Canacol is a leader in GHG emissions Intensity Per Unit of Production1 intensity in oil and gas industry standards 90 2,000 Direct and Indirect GHG emissions per…
Advisories This presentation is provided for informational purposes only as of May 2023, is not complete and may not contain certain material information about Canacol Energy Ltd. (Canacol or the Company), including important disclosures…
Advisories Natural gas recycle ratio is calculated by dividing natural gas netback by finding and development costs. 2P Recycle ratio of 1.7x for the year ended December 31, 2022 (calculated based on the natural gas netback of US 3.68…