a Colombian exploration company CORPORATE PRESENTATION May 2014 www.platinoenergy.com
Platino Strategy Pursuing transactions to generate near-term catalysts Management remains focused on: 1) Utilizing Platinos strong financial position March 31, 2014 cash and short-term investments of US53 MM (C0.84/basic…
Asset Overview Coati Morpho W.I.: 100%(1) 4% Net Profit Interest Gross Acres: 61,840 Coveas Net Acres: 61,840 PANAMA Basin: Middle Operator: Platino(2) VENEZUELA Magdalena Valley Basin: Putumayo Middle Magdalena Basin…
Block Activity Profile Environmental licensing process has resulted in exploration drilling delays Activity Description & Timing Working Block Activity Expected Timing Interest Coati-1 re-entry to produce U-sand Q2 2014 Coati…
ANH Commitments Platino has only 10 MM of net ANH committed spending remaining on its exploration blocks Coati Putumayo-8 Andaquies Remaining Work 1 exploration well and 1 exploration well nil Program 112 km2 3D seismic Gross…
Financial and Operational Snapshot Financial Net Acreage Gross Acreage Basic Shares Outstanding 69.5 MM Options Outstanding(1) 4.9 MM Fully-Diluted Shares Outstanding 74.4 MM 279,515 Share Price (May 12, 2014) C0.64 228,115…
2014 Planned Spending Commentary Coati Block Capex (US MM net to Platino) Install temporary production facilities at Coati-1 to produce U-sand Costs associated with global 3.7 environmental license Putumayo-8 Costs associated…
Putumayo Asset Map Andaquies - 100% W.I. - Operated - C&C Energia Ltd. drilled Tardigrado-1 and Cachalote-1 wells in 2012 Putumayo-8 - 50% W.I. - Non-operated - Vetra is partner and operator - Partners completed 95 km2…
Coati Overview Pursuing global block environmental license to advance exploration program Planned re-entry of Coati-1 well for long-term test on the U-sand to evaluate well productivity and commerciality Coati-1 Well Attributes…
Coati Potential Potential 7 prospects and leads on 2D Lead NE Lead NW 5 reservoirs Adjacent to producing oil fields Loro Field N sand stratigraphic play type Nasua North Caballos, U & T and N Nasua Coati North (B)…
Putumayo-8 Overview Awaiting revised environmental license to drill first exploratory well Evaluating conversion of remaining 112 km2 seismic commitment to a 2nd exploratory well Putumayo-8 Prospectivity Large acreage position…
Putumayo-8 Potential Platanillo West Potential Prospect (N) 6 Prospects/Leads on 3D &2D U & T & N sands 3 Reservoirs anticline lead Leads and prospects adjacent Platanillo Field Quinde West to producing oil Field fields U & T…
Andaquies Overview Block-wide environmental license in place Evaluating further exploration plans Prospectivity Northeast extension of proven structural play fairway Multiple reservoir targets (Caballos, Neme & T sand) Six…
Andaquies Potential Potential 6 Prospects and Leads on 2D 2 Reservoirs Dual reservoir targets in complex backthrust configuration partially tested in Tardigrado-1. Requires 3D to properly image structural configuration…
Exploration Phases Coati Putumayo-8 Andaquies Contract Type ANH E&P Contract ANH E&P Contract ANH E&P Contract Completed Phases I, II n/a I Current Phase III I II 1 A3 well and 207 km2 3D Current Phase Work Commitment 1…
Corporate Information Management Board of Directors Tomas Villamil President & CEO Carl Tricoli Co-President, Denham Capital Tyler Rimbey VP Business Development Larry Evans Partner, 32 Degrees Capital Fred Watchorn VP Geoscience…