Slide 1: Corporate Presentation: Southern Middle Magdalena Basin Play Concepts and Petroleum Systems
Corporate Presentation Southern Middle Magdalena Basin Play Concepts and Petroleum Systems Click to edit Master title style Click to edit Master subtitle style TSX-V: NSE
Slide 2: Disclaimer
Disclaimer Cautionary Note Regarding Forward-looking Information and Forward-looking Statements: This presentation contains information that may be considered to be forward-looking information within the meaning of applicable securities laws. Such forward-looking information relates to internal proj
Slide 3: Tectonic Provinces of the Middle Magdalena Basin
Tectonic Provinces of the Middle Magdalena Basin L. Porras1,2, J.F. Arminio1, A. Lara1 and M. Ostos1 1) New Stratus Energy (1,2) New Stratus Energy and now Hocol S.A. 2 TSX-V: NSE
Slide 4: Tectonic Provinces of the Middle Magdalena Basin
Tectonic Provinces of the Middle Magdalena Basin Source: ANH 2011 / 2021 3 TSX-V: NSE
Slide 5: Stratigraphy and Surface Geology
Stratigraphy and Surface Geology 4 TSX-V: NSE
Slide 6: Physical geology
Physical geology Modified from: Manrique, J., Amézquita, C. et al. (2014) 5 TSX-V: NSE
Slide 7: Southern MMB: E & P blocks, oil fields, available Seismic and Wells
Southern MMB: E & P blocks, oil fields, available Seismic and Wells Rio seco Dindal Ambrosia Totare Puli Toqui-Toqui 6 TSX-V: NSE
Slide 8: Cretaceous & Tertiary
Cretaceous & Tertiary THRUSTS FORELAND & SYNCLINE CLIM AX M ID CORDILLERA PULSE ORIENTAL ONSET PRE- ANDEAN CORDILLERA CLIM AX CENTRAL ONSET M AIN ANOXIC EVENT BACK - ARC RIFT Source: Geotec (2000) and ANH (2012) 7 TSX-V: NSE
Slide 9: Stratigraphy and Petroleum Systems of the Southern MMB
Stratigraphy and Petroleum Systems of the Southern MMB MAIN TECTONIC PETROLEUM LITHOLOGY ENVIRONMENT SETTING SYSTEM CONGLOMERATES ALLUVIAL PLAIN MAIN CONGLOMERATES, ALLUVIAL PLAIN ANDEAN SANDS AND CLAYS UPLIFT Missing: Early – Mid O Mio EARLY ANDEAN UPLIFT CLAY, MUDS & FLOODPLAIN SUBORD. SILTS S Alm
Slide 10: Petroleum System
PETROLEUM SYSTEM 9 TSX-V: NSE
Slide 11: Oil sources
Oil sources OLINI LA LUNA & VILLETA EQ. Late Coniacian – Campanian 200m – 300m (measured sections) reference: La Luna in Tachira, Ciniacian – Campanian; in Perija, Cenomanian – Campanian (De Romero, Truskowski, Odreman ; Kes Galea 2003) Fm. Monserrate / Cimarrona Ksc LA S FRONTERA S LA LUNA EQ. Turo
Slide 12: Petroleum systems: presence and extension
Petroleum systems: presence and extension Southern Middle Magdalena Basin: • The petroleum system associated with Guaduas, Puli and Toqui-Toqui is supplied by Villeta –equivalent Olini and La Frontera • Surface mapping and well data confirm that Olini – Frontera extend along the piedmont and pinch o
Slide 13: VMM Basin Petroleum System map
VMM Basin Petroleum System map Petroleum System Map MIDDLE MAGDALENA BASIN MAIN OIL AND GAS FIELDS BASIN WEDGE FORELAND DOMAIN Quinchas Opon Chicala Nare Cocorná Magdalena LIGHT – MEDIUM OIL Guaduas GAS THRUST HEAVY OIL DOMAIN Quintero REGIONAL OIL KITCHEN Pulí (SUB-THRUST) Southern Middle FORELAND
Slide 14: Present day: Source maturity
Present day: Source maturity Olini – Frontera are late mature in outcrops Source: Sarmiento, 2012 13 TSX-V: NSE
Slide 15: Present day: Source maturity
Present day: Source maturity Toqui-Toqui, Puli, Totare Source: IHS / ANH 2021 14 TSX-V: NSE
Slide 16: Two generative pods: shallow and deep
Two generative pods: shallow and deep 1 3 5 4 Source: Cortés (2004) 3 Source: Moretti et al. (2010) 1 Puli – type thrust Guaduas - type 1 play: light oil in heavy and light oil in 2 Guadalupe sands 3 Cimarrona carbonates MIGRATION PATH GENERATING POD and sands Shallow thrust play: Sub thrust play: 5
Slide 17: MMB South: Petroleum System Event Chart
MMB South: Petroleum System Event Chart 65 53.5 49 40 37 32 24 16.5 11.5 MAAST PALEOCENE Olini La Frontera Monserrate Hoyon Cambao Eh1 SJRS Armadillos Esj1 La Seca Kes Hoyon Agua Clara (Eh2) SJRS Almacigo ESj2 SJRS Hoyon Capira Santa Almacigo Honda Teresa + La Cruz 1 2 3 4 o I II III IV CORDILLERA C
Slide 18: Tectonic Framework
TECTONIC FRAMEWORK 17 TSX-V: NSE
Slide 19: Regional tectonic framework VMM Basin
Regional tectonic framework VMM Basin 18 TSX-V: NSE
Slide 20: VMM Basin Evolution models (from ANH)
VMM Basin Evolution models (from ANH) 19 TSX-V: NSE
Slide 21: Main fault network
Main fault network Source: Tesón et al. (2013) 20 TSX-V: NSE
Slide 22: Main fault network
Main fault network Source: Tesón et al. (2013) 21 TSX-V: NSE
Slide 23: Play concepts & Petroleum systems of the Southern VMM Basin
Play concepts & Petroleum systems of the Southern VMM Basin Western Mountain Front of the Eastern Cordillera of Colombia CORDILLLERA DEPTH ORIENTAL (approx.) GUADUAS (WEST FLANK) feet MD MAGDALENA SYNCLINE QUINA CORDILLLERA RIVER THRUST CENTRAL BELTRAN - 1 S1 3 4000’ 4 R1 1 R3 S 2 9000’ R2 S2 S S1 S
Slide 24: Structure & Play concepts of the Southern VMM Basin
Structure & Play concepts of the Southern VMM Basin Western Mountain front of the Eastern Cordillera of Colombia W E CORDILLLERA Puli thrust Guaduas ORIENTAL trend syncline MAGDALENA Monserrate Imbricated RIVER sands Cretaceous 1 R Cimarrona sands and carbonates Cambao S fault trend 2 Paleogene clas
Slide 25: Main fault network
Main fault network Source: Moretti Et, Cortes 2004 24 TSX-V: NSE
Slide 26: Cimarrona carbonate Trend: Play trends
Play trends GUADUAS GEOLOGIC SETTING IMBRICATED CORDILLERA 3 CRETACEOUS ORIENTAL QUINTERO ES-6 ST2 CORE THRUST BELT MIDDLE MAGDALENA TERTIARY 1 FORELAND BASIN ECONOMIC ASSETS SUBTHRUST Ocobo updip PROSPECT Quina updip OIL FIELD Cigarra PULI-TYPE (subthrust) THRUST PROSPECT 1 Cimarrona carbonate Tren
Slide 27: Regional Seismic Interpretation Thrust Play
REGIONAL SEISMIC INTERPRETATION THRUST PLAY 26 TSX-V: NSE
Slide 28: Regional depth converted seismic section
Regional depth converted seismic section Source: Montajes JM (2016) 27 TSX-V: NSE
Slide 29: Regional seismic section
Regional seismic section A 4 5 A´ 2 7 1 1 3 Top Monserrate Fm. 6 2 Seismic section across southern part of the block showing: Quintero 1. Cambao thrust and backthrust 2. Viani fault VMM-18 3. Deep Cretaceous Cimarrona Play 4. Agrado fault emplacing Upper and Lower Cretaceous on A A´ top of the Deep
Slide 30: Regional seismic section
Regional seismic section A A´ 6 4 3 1 1 Top Monserrate Fm. 5 2 1 Quintero Seismic section showing: 1. Cambao thrust and backthrust 2. Deep Cretaceous Cimarrona Play VMM-18 3. Hercules type structure A 4. Agrado fault emplacing Upper and Lower Cretaceous on top of the Deep Cretaceous structure Puli A
Slide 31: Regional seismic section
Regional seismic section A 6 A´ 5 3 1 1 Top Monserrate Fm. 2 4 1 3.5 Km Quintero Regional seismic section showing: 1. Cambao thrust and backthrust 2. Deep Cretaceous Cimarrona Play 3. Hercules type structure VMM-18 4. Pre-existing normal faults A 5. Agrado fault emplacing Upper and Lower Cretaceous
Slide 32: Strike seismic section across VMM-18 block
Strike seismic section across VMM-18 block A A´ 1 2 4 3 5 3 Quintero A´ Strike seismic section across block 1. Viani thrust 2. Cambao thrust VMM-18 3. Doña Ines fault 4. Paniagua fault A 5. Cambao North fault Puli 10 Km Toqui-toqui 31 TSX-V: NSE
Slide 33: Thrust Play
THRUST PLAY 32 TSX-V: NSE ENERGY
Slide 34: Puli: Thrust play
Puli: Thrust play NW SE Top Guaduala Puli Top San JUan Top Monserrate 20 Km 4.5 Km 33 TSX-V: NSE
Slide 35: Puli: Thrust play
Puli: Thrust play 14 km to Puli Puli field Source: Montajes JM (2016) 34 TSX-V: NSE
Slide 36: VMM-18: Thrust Play
VMM-18: Thrust Play 35 TSX-V: NSE
Slide 37: VMM-18: Thrust play
VMM-18: Thrust play TWT (sec) A HERCULES NORTE A’ e r fac 0 su HERCULES NORTE 1 MONSERRATE 0.5 R SECA MUDS S ACTIVE OIL KITCHEN S 1.0 1.5 1 km 1. Honda thrust 2. Viani fault 3. Thrust prospect 4. Guaduas Syncline 36 TSX-V: NSE
Slide 38: VMM-18: Thrust play
VMM-18: Thrust play A A´ 1 2 4 3 Top Monserrate Fm. Top Monserrate Fm. 2 1 Quintero Seismic section across Hercules prospect 1. Honda thrust VMM-18 2. Viani fault A 3. Hercules prospect A´ 4. Guaduas Syncline Seca Fm. Pul i Monserrate Fm. Toqui-toqui 10 Km 37 TSX-V: NSE
Slide 39: Quintero field: Thrust play
Quintero field: Thrust play W E La Pola 20 Km 2 Km 38 TSX-V: NSE
Slide 40: Subthrust Play
SUBTHRUST PLAY 39 TSX-V: NSE ENERGY
Slide 41: VMM-18: Sub-thrust play
VMM-18: Sub-thrust play A A´ TERRAIN Top SJ3. TD 8044’ INTRA SAN JUAN HOYON 1 km MONSERRATE A´ A 5 km 40 TSX-V: NSE
Slide 42: Sub-Thrust Play with Relics of an early Tertiary Extensional Event
Sub-Thrust Play with Relics of an early Tertiary Extensional Event A A´ Top Hoyon Fm. Paniagua thrust Top Monserrate Fm. Cambao N. thrust Doña Ines thrust Intra San Juan. Top Hoyon Fm. Top Monserrate Fm. 1 km A A´ 5 km 41 TSX-V: NSE
Slide 43: VMM-18: Sub-thrust play
VMM-18: Sub-thrust play A A´ Top Hoyon Fm. Top Monserrate Fm. Cambao N. thrust Doña Ines thrust Paniagua thrust Intra San Juan. Top Hoyon Fm. Top Monserrate Fm. A A´ 2 km 5 Km 42 TSX-V: NSE
Slide 44: VMM-18: 2D seismic strike line across sub-thrust play
VMM-18: 2D seismic strike line across sub-thrust play B´ B Paniagua thrust Top Monserrate Fm. Cambao thrust Doña Ines thrust Intra San Juan. Top Hoyon Fm. B Top Monserrate Fm. 1.5 km B´ 5 Km 43 TSX-V: NSE
Slide 45: VMM-18: Sub-thrust play with possible DHI's
VMM-18: Sub-thrust play with possible DHI´s Possible flat-spot at crest of structure with increase in amplitude Phase change?? Dim spot, indicating posible presence of A´ hydrocarbons A 5 km 44 TSX-V: NSE
Slide 46: VMM-18: Possible gas effect on top of Monserrate Fm.
VMM-18: Possible gas effect on top of Monserrate Fm. A A´ Intra San Juan. Top Hoyon Fm. Top Monserrate Fm. 1.5 Km A´ Gas effect ?? A 45 TSX-V: NSE
Slide 47: Guaduas Syncline Play; Cimarrona Deep Sub-Thrust Play
GUADUAS SYNCLINE PLAY CIMARRONA DEEP SUB-THRUST PLAY 46 TSX-V: NSE
Slide 48: Cimarrona light play fairway
Cimarrona light play fairway CAPIRONA – 1X RIO SECO DINDAL ES-6 ST2 Np = 103,000 BBL Cimarrona P&A P1 = 0,5 MMBBL shaled out 28 º API paraffinic DINDAL CIMARRONA LIGHT PLAY FAIRWAY VMM-18 VMM-18 (after 2016 50% TOMATE-1 N.R. relinquishment) ISLERO-1 paraffinic oil in mud tanks 47 TSX-V: NSE
Slide 49: Guaduas Syncline play
Guaduas Syncline play Source: Presentation PRE, 2010 48 TSX-V: NSE
Slide 50: Guaduas Syncline play
Guaduas Syncline play W E ES-6E (proj) ES-6EST CAPIRA-1X (proj) ES-6E ST2 Guaduas syncline CIMARRONA LLIMESTONE& SAND 28º API paraffinic Np = 103.000 MMBBL P1 RESERVES = 0.5 MMBBL (arbitrary limit) 49 TSX-V: NSE
Slide 51: Cimarrona Deep Sub-Thrust Play
CIMARRONA DEEP SUB-THRUST PLAY 50 TSX-V: NSE
Slide 52: Cimarrona deep Subthrust play
Cimarrona deep Subthrust play W E Guaduas syncline Shallow detachment Deep detachment Cimarrona Deep Subthrust play 51 TSX-V: NSE
Slide 53: For Further Information
For Further Information: Jose Francisco Arata Chief Executive Officer jfarata@newstratus.energy Marino Ostos Executive Director 52 TSX-V: NSE mostos@newstratus.energy