OPERATIONAL UPDATE – President Energy Plc

President Energy Plc · Mar 1, 2015 · 7 slides

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Slides

March 2015 Operational Update
March 2015 President Positions BOLIVIA Giant Paleozoic gas fields Jacaranda & Lapacho Wells HERNANDARIAS DEMATTEI PIRITY Cretaceous oil MATORRAS fields EL OCULTAR PARAGUAY Santa Barbara PUESTO GUARDIAN…
March 2015 Paraguay- 2014 Achievements Well Results Proved Devonian Petroleum System Oil window extends down to 4000m Jacaranda Excellent quality Carboniferous reservoirs (no seal) HC bearing siltstones and natural fractures…
March 2015 Paraguay Next Steps Licence 2015 Activity Plan Acquire c. 600km of 2D seismic Hernandarias Block Highgrade prospects for drilling Farm-out and drill 1 well 1) Farm-out and re-test Lapacho 1) Pirity Farm-out…
March 2015 Hernandarias Seismic Hernandarias targets at shallower depths, improved reservoir porosities, enhanced liquids fraction Seismic survey to high grade drill prospects and improve ability/terms for farm-out of Paraguay…
March 2015 Argentina Booked Reserves & Resources 1) Activity Plan Category MMB No. Locations Program Capital Injection Proved Developed Workover program commencing 1.5M 2) 1.065 10 Non-Producing Spring 15 to increase production…
March 2015 Peter Levine Miles Biggins Ben Wilkinson Contact address 17 Hanover Square London W1S 1BN United Kingdom Tel: +44 (0) 20 7016 7950 2015 President Energy PLC 8