Company Overview. June Investor Slides. June 2013

Transcription

1 Investor Slides Company Overview

2 Section 1 PARAGUAY 2013 President Energy PLC 2

3 Proven petroleum system inaccessible in Paraguay for past 25 years N 63w Kilometres 60w Rift Basin crossing country border Caimancito 59 mmb Giant Palaeozoic gas fields Olmeda Sub Basin 155 NFWs 152 mmboe cum. prod. Los Naranjos Palmar Largo 50+ mmb Pirity Sub Basin 8 NFWs (pre 1987) North Flank play DEMATTEI Jurumi Carmen East PIRITY 150+ mmbboe produced in Argentine sector No seismic or drilling in Paraguay sector since 1987 Untested prospects in Paraguay sector on trend with Palmar Largo Field Puesto Guardian Area 18 Fields Total 30 mmb Cretaceous Rift Basin Proven Oil Field Untested Prospect 24s Structures get larger and reservoirs improve to the east 2013 President Energy PLC 3

4 3D acquisition, processing and interpretation timetable Activity Days Survey Operations 105 Recorder 2D 8 Recorder start up test 2 Recorder Jurumi 3D 49 Project move and geophones lay out 7 Recorder Los Naranjos 3D 35 Demob & Final Report 25 Estimated Chronogram of Activities Los Naranjos 3D, Jurumi 3D Projects Paraguay 784 Km2 of 3D 100 km 2D President April May June July Aug Sep Oct Nov Dec First two drilling targets confirmed Jurumi Processing Fast Track Mig PSTM Interpretation Depth Conversion Attributes Prospects Los Naranjos Processing Fast Track Mig PSTM Interpretation Depth Conversion Attributes Prospects 2013 President Energy PLC 4

5 3D acquisition on Jurumi completed 2013 President Energy PLC 5

6 Line Clearing Los Naranjos almost completed 2013 President Energy PLC 6

7 Base Camp 2013 President Energy PLC 7

8 Each tent sleeps 8; camp sleeps up to President Energy PLC 8

9 Cleared Lines Jurumi 2013 President Energy PLC 9

10 VibroSeis, total of eight on site 2013 President Energy PLC 10

11 Day 1 Jurumi 3D acquisition May President Energy PLC 11

12 Vibrator pad weighs 30 tonnes, delivers 60,000 lb. pressure 2013 President Energy PLC 12

13 Vibrator pad lowered to contact ground 2013 President Energy PLC 13

14 Two 20 second sweeps of 8 to 96 hz 2013 President Energy PLC 14

15 Moving 60 meters to the next vibration point 2013 President Energy PLC 15

16 AutoSeis 10,000 used to listen to seismic signals 2013 President Energy PLC 16

17 Geophone (one of 10,000) 2013 President Energy PLC 17

18 Minimal vibrator footprint 2013 President Energy PLC 18

19 AutoSeis trailer downloading data, battery recharge 2013 President Energy PLC 19

20 On Site Recording Trailer 2013 President Energy PLC 20

21 Company Overview Example quality 2D seismic on Demattei Block 2013 President Energy PLC 21

22 SEISMIC DEFINITION OF DRILLING LOCATIONS DRILL KEY WELLS AND PRODUCE ANY DISCOVERY CONTINUE DEVELOPMENT OF ANY DISCOVERY

23 Section 2 ARGENTINA 2013 President Energy PLC 23

24 Puesto Guardián Concession Cretaceous fields (Gross) Canada Grande OOIP 9.8 MMBO Cum. Prod 1.7 MMBO Martínez Del Tineo OOIP 13.6 MMBO Cum. Prod. 1 MMBO PEE 1001 Puesto Guardián OOIP 38 MMBO Cum. Prod 10.2 MMBO Pozo Escondido OOIP 20 MMBO Cum. Prod. 0.8 MMBO Potential Additional OOIP 43 MMBO Dos Puntitas OOIP 15.6 MMBO Cum. Prod. 1.6 MMBO 2013 President Energy PLC 24

25 Cretaceous Stacked Pay potential upside General Type Log Main Shallow completion marine interval Limestones of existing well stock Oolitic Limestones Aeolian Sands Example of Petrophysical Review (Phase 1) Pozo Escondido Field Limestone DST results (YPF ) bopd in 5 wells Additional objective above producing horizon 50 million barrels oil in place (scoping Pozo Escondido only) Main completion interval of YPF wells Limestone Sand Clay Limestone / Grainstone reservoir quality rock 2013 President Energy PLC 25

26 Work over rig 2013 President Energy PLC 26

27 Old YPF packer pulled from well PE President Energy PLC 27

28 Halliburton rigging up 2013 President Energy PLC 28

29 Halliburton 2013 President Energy PLC 29

30 Contact us John Hamilton Benjamin Wilkinson Contact address 11 Hill Street London W1J 5LF United Kingdom Tel: +44 (0) President Energy PLC