June 18, 2014 On a Growth Path Annual and Special Meeting of Shareholders
Company Highlights Producing 388 bbls/d net to W.I. from 2 discoveries in the Llanos Basin as of May 20141 2P reserves of 2.9 mmbbls Cagun C Putumayo Basin Tinigua Block i o pretax NPV10 33.8MM2 Operator: PetroNova…
Increased Reserve Base & Production Producing 388bbls/d as at May 2014 / 1 W.I. Best Estimate Prospective Resources (mbbls)2 500 200 Total Best Pendare Best EstimatteProspective Resourcce (mmbbl) 450 180 11.5 Estimate…
Tinigua One of Colombias Largest Known Conventional Prospects Operated by PNA with 40% W.I. Geographically situated along transition zone 105k gross acres, 0% X factor 109 km2 3D seismic confirmed the Tinigua prospect, a large…
CPO13 & CPO7 Blocks Located in one of the most prolific areas in the Llanos Basin PNA holds a 20% W.I. in both the CPO PNA holds a 20% W I in both the CPO 13 and CPO7 Blocks (Tecpecol S.A. is the operator) CPO13 Block is in the…
CPO13 Block In the Heart of the Heavy Oil Belt Appraising the Quifa/Rubiales Trend Pacific Rubiales Interpretation of the Heavy Oil Belt2 Oil doesn Oil doesntt stop at borders stop at borders Rubiales Quifa SW field is densely…
CPO13 Block In the Heart of the Heavy Oil Belt Pendare Discovery Pendare W.I. Production (bbls/d)1 Producing 105 bbls/d net to PNAs W.I. 140 120 from two wells as at May 20141 bls/d) 100 W.I. Prodution (bb 2P reserves…
CPO7 Atarraya Discovery CPO7 Highlights PetroNova holds a 20% W.I. Tecpecol operator, ANH contract with a 47% X factor Atarraya Discovery 8 prospects identified Best estimate prospective resources of 11.6 mmbbl net to PNAs W.I.2…
PUT2 Block Overview PUT2 Block is operated by PNA with 75% W.I. 96.7k gross acres; 1% X factor Putumayo basin is the Northern extension of the Oriente basin, one of Ecuadors most prolific basins; neighbors include Gran Tierra,…
PUT2 Block Prospectivity More than 110 km More than 110 km2 3D seismic 3D seismic acquired 10 prospects identified The Block is licensed and permitted p for 27 wells PNA and Suroco are undertaking a full evaluation of…
Planned 2014/2015 Drilling Program 2014 2015 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 PUT-2 Canelo Sur-2 Exploration Well Reprocess Seismic/Contingent Well TINIGUA Tinigua Exploration Well Appraisal Wells CPO-07 Atarraya 3D 3 Seismic Atarraya…
Investment Highlights Highly prospective asset base with drillready prospects Unrestricted operator of the PUT2 (75% W.I.) and Tinigua i d f h ( % ) d i i ( % (40% W.I.) blocks ) bl k All 4 blocks have been granted environmental…
Social Responsibility SOCIAL INVESTMENT GUIDELINES Concerted process (community, authorities Local & company) & company) Authorities Authorities Communityy Local communities need to be educated Projects have to improve local…
Management, Directors & Corporate Information Management Team Board of Directors Corporate Information Antonio J. Vincentelli, Judy Stripling Ernst & Young LLP President & CEO Former CFO Pace Oil & Gas Ltd. Auditors Former President,…
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