Corporate Presentation July 2014 TSXV: PDQ www.petrodorado.com 1
Investment Summary An experienced management team Building an oil company stepbystep From a balanced portfolio Near term production potential High impact exploration Focused on core asset Capitalized to execute strategy…
Management Gregg Vernon, 35 years of oil and gas experience. CoFounder of PetroAndina. P.Eng Former CEO of PetroMagdalena and Prospero. CEO Brian Smith, P.Eng 25 years of oil and gas experience. Previously Production Manager VP…
The Asset Base A Balanced Portfolio Petrodorado holds interest in 4 blocks in Colombia and 1 block in USA Petrodorado Colombian Assets Blocks at a Glance Net WI P50 Gross Contract Current Asset Type Status Resources X Factor PDQ WI…
Management Achievements CPO5 Oil discovery in Loto1 (450 bopd, pumprestricted, 22 API) 400 km of 3D seismic to start in H2 2014 subject to receiving regulatory approval Long term test of Loto1 to start in Q3 2014 Advancing a…
2014 Plan Fully Funded CPO5 Exit the year with production from CPO5 Focus on upside opportunities for CPO5 Long term test for Loto1 Run a 3D seismic program in the NW of the block adjacent to large discoveries Loto2X drilling plan…
CPO5 Setting The Foundation CPO5 block lies in the Llanos Basin, the most prolific basin in Colombia It covers 489,762 gross acres in the Llanos basin Highlights Preliminary gross block prospective P50 prospective recoverable…
CPO5 Discovery Trends CPO5 is on trend with multiple producing light to medium oil fields Adjacent to Corcel, Yatay, Taya and Kitaro oil fields Loto1X well discovered oil Recently tested 450 bopd (pumprestricted) 22 API from a single…
CPO5 Discovery Trends* Scale (km) Prospect Akira1 Kitaro1 KAMAL Lead LOTO Well A3 METICA1 Metica Updip NW4 Y1 4W1 B 4W2 C D4 Y2 / C1 C2 D3 D2 D1 VA1 C3 E Y3 / C4 *Petrodorado management internal…
CPO5 A Quick Payout Model *Capex includes drilling a producer and a water injector well 10
Talora An Option For Growth Talora block is located in the NE sector of the Upper Magdalena Valley, Girardot Subbasin It covers a total area of 58,925 acres Highlights Gas and Condensate discovery declared Block is close to…
Talora Neighbouring Fields Declaration of commerciality submitted to the ANH (Gas / Condensate discovery) Potential for unconventional hydrocarbons Surrounded by blocks with unconventional potential (VMM29 Ecopetrol…
Tacacho World Class Exploration Tacacho block is located in South Colombia close to the border with Ecuador It covers a total area of 589,008 acres in the CaguanPutamayo basin Highlights 2 large leads identified with Estimated…
Tacacho Heavy Oil Trend On trend with the regional heavy oil trend (Venezuela to Ecuador) Colombia Adjacent to world class plays Adjacent to block with highest bid made in Colombia (CAG5) Legacy well (Texaco 1949) had…
La Maye Northern Potential La Maye is located in the Lower Magdalena Valley near the city of Mompos It covers an area of 68,303 gross acres in Lower Magdalena Valley. Highlights P50 resource potential from 2 identified leads:…
La Maye Exploration Trend On trend with several large oil & gas producing fields Cicuco and Boquete are La Creciente adjacent fields with 67 PRE/61 MMSCFD mmbbl liquid and 230 bcf gas of total cumulative production…
California Monetizing The Option 13.5% interest in the Kreyenhagen heavy oil Project in California, USA The Kreyenhagen Heavy oil field covers 800 gross acres (13o 18o API oil) Potential for cold production & Enhanced Oil…
Capitalization Structure Issued Common Shares 482.5 M Options (0.19 ave. exercise price)* 48.24 M Fully Diluted Common Shares 530.74 M Market Cap 14.5 M Insider Ownership 10% Total Cash (incl. Restricted Cash) 22.9 M Working…
Conclusions Production targeted from CPO5 by year end Balanced exploration portfolio Focused on core asset Experienced management team Capitalized to execute strategy Partnered with world class oil companies 19
Board Of Directors And Management Robert Cross Chairman Mr. Cross has over 20 years of experience as a financier in the oil & gas and mining sectors. He currently serves as Chairman of the Board for Bankers Petroleum (BNKT), as well as…
Corporate Information Gregg Vernon Chief Executive Officer Chris Reid Chief Financial Officer 3100, 250 6th Avenue SW Calgary, Alberta T2P 3H7 +1.403.800.9240 infopetrodorado.com TSXV: PDQ www.petrodorado.com 21
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