Corporate Presentation & Outlook 2015 February 2015
Strong Balance Sheet Well Positioned to Weather Oil Price Crisis GEOPARK IS A LEADING INDEPENDENT E&P PLAYER WITH STRONG BALANCE SHEET, LOW RISK ASSETS AND ATTRACTIVE UPSIDE POTENTIAL IN THE HIGH-GROWTH LATIN AMERICAN OIL AND GAS…
2015 Strategy and Outlook Defensive and Offensive Plan 2014 VS. 2015 CAPEX PROGRAM (MM) 2015 CAPEX 220-250 35-40 MM 30 + Facilities 90 2015 CAPEX 60-70 6-7 MM Compression Plant (Manati) 100 24 + Seismic processing 6…
Latin American Asset Base Performance and Opportunity PRODUCTION GROWTH TRACK-RECORD 25,000 10,807 CAGR 06 14: 53% BOE/D COLOMBIA 20,557 LARGE RISK-BALANCED PROJECT INVENTORY 20,000 3,572 Production Assets: 20,557 boe/d (2014)…
Executing on Latam Oil & Gas Opportunities BRAZIL Biggest non-associated gas field producing in Brazil with COLOMBIA stable cash flows EXPLORER Biggest growth story in Colombia Exploration upside in proven New world class field…
Large Diversified Inventory of Reserves and Resources DRIVERS OF ORGANIC GROWTH 11 BLOCKS 10 BLOCKS 1.1 MM ACRES COLOMBIA 31 blocks in 12 basins in 5 countries / 6.0 MM acres 0.3 MM ACRES 3P reserve development opportunities: 190-220…
Track-Record of Consistent Reserves Growth 2P RESERVES GROWTH Strong 2P reserves growth track-record 11% CAGR (2009-2013) in 2P reserves Material increase expected for 2014 due to Tigana Field discovery (internal estimate of 3P…
Colombia Leading E&P Story in Colombia Today Acquired three companies in 2012 and in 2 years, drilled 57 wells, discovered 11 new oil fields (6 VENEZUELA operated) and increased production by 4+ times PANAMA Quickly built value by…
Chile Low Risk Development and Exploration in Proven Area ARGENTINA First private oil and gas producer in Chile CHILE Large fully-operated land base across the Magallanes basin, with existing reserves, production and cash flow New…
Brazil Positioned to Grow and Capture Opportunities Largest producing gas field in Brazil: fully-developed, cash flow producing, low-risk asset PARNAIBA BASIN PN-T-597* Partnership with Petrobras Exploration blocks in proven basins…
Peru New Country Entry / Transformational Acquisition Large acreage position in one of most prolific basins COLOMBIA in Latin America (produced over 1 billion bbls) Discovered oil field with opportunity to bring near term cash flow…
In Hunt for Potential Value Dislocation Opportunities Finding, Closing and Building Value on New Projects Rapid execution and investment on acquired assets Track-record converting assets and building value Active Long-term…
Uniquely-Positioned Oil and Gas Investment Vehicle Oil-Finding and Operating Know-How Solid Asset Base with Cash Flow and Upside Operational and Financial Track Record Access to Capital New Project Inventory & Alliances…
Appendix
Appendix RECONCILIATION OF ADJUSTED EBITDA TO PROFIT BEFORE INCOME TAX (IN MM) 2010 2011 2012 2013 9M14 Adjusted EBITDA 41 63 121 167 193 Depreciation -23 -26 -53 -70 -73 Accrual of Stock Awards -3 -5 -5 -9 -8 Impairment and…
Contacts Andrs Ocampo Chief Financial Officer Pablo Ducci Capital Markets Sofa Chellew Investor Relations Santiago, Chile Nuestra Seora de los ngeles 179, Las Condes, Santiago, Chile Phone: +(56 2) 2242 9600 Email:…