Skip to main content Raymond James Conference – Bpz Resources, Inc. Investor Presentation | Shale Experts
Loading...
Pm

Raymond James Conference – Bpz Resources, Inc.

Bpz Resources, Inc. · Mar 4, 2014 · 21 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Raymond James Conference – Bpz Resources, Inc. – slide 1
    Raymond James 35th Annual Institutional Investors Conference Orlando, Florida - March 4, 2014 NYSE & BVL: BPZ www.bpzenergy.com
  2. Raymond James Conference – Bpz Resources, Inc. – slide 2
    BPZ Energy Today . . . Four Blocks in Northwest Peru and one in Southwest Ecuador Multiple Plays with Multiple Existing Offshore 3-D Seismic Prospects in Each Play BLOCK XIX Existing Onshore 3-D Seismic BPZ (51%) and Pacific…
  3. Raymond James Conference – Bpz Resources, Inc. – slide 3
    . . . Better Positioned to Grow Completed Block Z-1 JV Transaction OIL & GAS ACTIONS Corvina & Albacora Development Completed Block Z-1 Drilling Underway 3D Seismic Survey Complete 3D Seismic Mapping Pursue Z-1 Exploration Strategy…
  4. Raymond James Conference – Bpz Resources, Inc. – slide 4
    Block Z-1 Strategy Leverage 1,600 sq.km. 3D survey in efforts to . . . Increase production at Corvina and Albacora Capture Corvina and Albacoras oil and gas upside potential Appraise prior discoveries in Delfin, Piedra Redonda,…
  5. Raymond James Conference – Bpz Resources, Inc. – slide 5
    Diving Deeper into Our Strategy 6
  6. Raymond James Conference – Bpz Resources, Inc. – slide 6
    Capturing Corvinas Upside Third new CX-15 oil well being drilled now Five more wells planned in 2014 1,500 acres, with 15 more gross PUDs Fourth well will surpass 1 Mmbo this week Untested fault block is 500 acres Structure Map at…
  7. Raymond James Conference – Bpz Resources, Inc. – slide 7
    CX15-2D: Optimizing Oil Production CX15-2D ST1 CX15-2D ST2 Proposed intervals to open 7905-7929 Intervals already opened PayFlag 8020-8044 Neutron porosity 8100-8111 8
  8. Raymond James Conference – Bpz Resources, Inc. – slide 8
    Albacora Development A-19D on production since March 1st Area under development is 400 acres Three more gross PUDs A-14XD well will reach 1 Mmbo this week A-18D A-19D A-21D OIL PROVEN AREA Structure Map at Middle of…
  9. Raymond James Conference – Bpz Resources, Inc. – slide 9
    Appraising the Delfin Prospect Drilling permit already in hand Prospective area is 3,000 acres Tennecos 39-X-1 well tested oil Delfin platform to be 4 miles from CX-15 OIL AREA OIL AREA Corvina Untested Fault Block…
  10. Raymond James Conference – Bpz Resources, Inc. – slide 10
    Raya Prospect Revealed by 3D Seismic NW Delfin SE Mal Pelo fm. tumbes fm. Raya prospect is a Corvina look-alike Cardalitos fm. Lower Zorritos fm. Upper Zorritos fm. 3-way dip closure against Zorritos Unconformity Mancora…
  11. Raymond James Conference – Bpz Resources, Inc. – slide 11
    Raya, also Targeting Oil from Zorritos Fm. Potential size of 7,500 acres Also in less than 300 ft. of water Drilling permit already in hand 10 miles from Corvina CX-15 platform Structure Map at Top of Zorritos Unconformity…
  12. Raymond James Conference – Bpz Resources, Inc. – slide 12
    Piedra Redonda Anchors the Mancora Gas Play Belco discovered dry gas with C-18-X well Piedra Redonda prospect is 11,000 acres Near coastline in 200 ft. of water Drilling permit already in hand PACIFIC OCEAN Block Z-1 PC-1X…
  13. Raymond James Conference – Bpz Resources, Inc. – slide 13
    Going Onshore to Test the Block XXIII Anticline Large Anticline with previously drilled wells indicating presence of shallow hydrocarbons Three-Well Exploration Drilling Program Caracol 1X Well 14
  14. Raymond James Conference – Bpz Resources, Inc. – slide 14
    Testing Underway at Caracol 1X Well Two intervals at about 1,500 feet in depth tested gas with water (see picture). Upper intervals with oil shows will be tested next. Other prospective pay intervals will be tested at the end of the…
  15. Raymond James Conference – Bpz Resources, Inc. – slide 15
    Another Oil Play in Southern Block XXIII Area In Talara basin next to Carpitas oilfield Shallow depth oil potential Multiple fault blocks mapped Drilling permit in process New 2D Seismic Line BPZ10XXIII-16 Seismic Line…
  16. Raymond James Conference – Bpz Resources, Inc. – slide 16
    Block XXII: Pursuing Unconventional Muerto Play Cretaceous structures on both sides of the Muerto is a brittle shale, rich in total Lancones basin depocenter organic content Thick section of Muerto Fm. source rock Adjacent operator…
  17. Raymond James Conference – Bpz Resources, Inc. – slide 17
    2014 Capital & Exploratory Budget Millions Offshore Block Z-1 (51% BPZ) Corvina CX-15 development drilling (6 wells) 40 Albacora drilling (2 wells) 16 Projects & engineering 15 Total BPZ Net Offshore 71 Onshore Blocks XXIII, XXII…
  18. Raymond James Conference – Bpz Resources, Inc. – slide 18
    2014 Focus Continue development drilling at Corvina and Albacora oil fields BLOCK Z-1 TUMBES Continue applying new 3D Zorritos BLOCK XIX seismic data Prepare for Block Z-1 exploration Punta Sal BLOCK campaign, starting with…
  19. Raymond James Conference – Bpz Resources, Inc. – slide 19
    Thank You Manolo Ziga President & CEO For additional information: A. Pierre Dubois Investor Relations & Corporate Communications 580 Westlake Park Blvd., Suite 525 Houston, Texas 77079 (281) 556-6200; pierre_duboisbpzenergy.com…
  20. Raymond James Conference – Bpz Resources, Inc. – slide 20
    Appendix - Summary Financial & Reserves Data (MM: Millions, unless noted) Year End 2013 Proved developed producing 3.2 Mmbo Proved undeveloped 12.9 Mmbo Proved Reserves 16.1 Mmbo Probable Reserves 27.2 Mmbo Possible Reserves 18.0…
  21. Raymond James Conference – Bpz Resources, Inc. – slide 21
    Appendix GAAP Reconciliation Reconciliation of non-GAAP measure The table below represents a reconciliation of EBITDAX to the Companys net loss, which is the most directly comparable financial measure calculated in accordance with…

From the store

Browse maps, data & reports in the Shale Experts store