CORPORATE PRESENTATION March 2014 Citi LatAm Conference, New York
CGX A JUNIOR OIL & GAS COMPANY WITH HIGH IMPACT ASSETS CGX has first mover advantage in securing second largest acreage position with 3.3 million gross acres in the highly prospective GuyanaSuriname Basin Major oil companies are…
CERTIFIED PROSPECTIVE RESOURCES WITH SEVERAL DRILLING PROSPECTS CGXs assets are located in a proven hydrocarbon system Corentyne offshore block with certified Prospective Resources as of 12/31/12 (P50 basis): 779 MMbbl of oil 743…
BASIN PLAY CONCEPTS AND HIGHIMPACT TARGETS Wealth of technical data, calibrated by Eagle1 and Jaguar1 wells Multiple prospects identified most developed acreage in GuyanaSuriname Basin www.cgxenergy.com 5
ATTRACTIVE LEADS AND PROSPECTS IDENTIFIED Current Lead/Prospect Map DeGolyer & MacNaughton Resource Report Units Low Best High Mean Oil MMboe 535 779 1,134 813 Solution Gas MMboe 85 116 159 120 Sales Gas (Eagle Deep) MMboe 596…
CGXS NEAR TERM CATALYSTS CGX awaiting results of seismic reinterpretation on the Corenytne block with the assistance of Pacific Rubiales Energy Corp (TSX: PRE; BVC: PREC; BOVESPA: PREB) Actively pursuing joint venture…
CGXS COMPETIVE ADVANTAGES IN THE BASIN InCountry Expertise Proven Management team with significant expertise in the region Only E&P company with Guyanese board members and Guyanese CoChairman Incountry senior management team CGX is…
ACTIVITY SCHEDULE CORENTYNE BLOCK 4Year Activity Schedule Corentyne Block Reprocessing of 3D seismic to be complete by April 2014 Actively seeking JV partner 1st commitment well to be spud in Q2 2015 2013 2014 2015 2016 JAN FEB…
ACTIVITY SCHEDULE DEMERARA BLOCK 4Year Activity Schedule Demerara Block 3D shoot planned for Q3 this year Actively seeking JV partner 1st commitment well to be spud in 2nd half of 2016 2013 2014 2015 2016 2017 JAN FEB MAR APR MAY…
ACTIVITY SCHEDULE BERBICE BLOCK 4Year Activity Schedule Berbice Block Airborne survey likely postponed to later in the year CGX is considering a 2D shoot instead Actively seeking JV partners 2013 2014 2015 2016 2017 JAN FEB MAR…
GOFORWARD PLAN New licence commitments Three wells and two seismic acquisitions resulting in an estimated gross capital spend of US420 million Anticipate drilling first commitment well on Corentyne Block in Q2 of 2015 for an…
MANAGEMENT TEAM Dewi Jones 25+ years of E&P technical and management experience in Latin America most Chief Executive Officer recently, Executive Vice President, Exploration and General Manager, CGX Energy 6 years of experience…
EXECUTIVE COMMITTEE OF THE BOARD Serafino Iacono Executive CoChairman of the Board and Director of Pacific Rubiales since 2008 CoChairman Previously CoChairman of the Board and CoFounder of Pacific Stratus Energy Ltd. Over 28 years…
Corporate Office 333 Bay Street, Suite 1100 Toronto, ON, Canada M5H 2R2 +1 (416) 3645569 Houston Office 810 Highway 6 South, Suite 240 Houston, TX, USA 77079 +1 (832) 3003200 Guyana Office Lot 210, New Market Street North…