Sintana Energy Inc. · TSXV:SEI
Sintana Energy — Investor Presentation (2011)
31 slides from Sintana Energy's investor presentation, 2011
Slide 1: Investor Presentation
Trading Symbol: SNN.V Toronto Stock Excha ng e Investor Presentation South America Operations Q4 | 11 S i n t a n a e n e r g y . c o m 2011 © Sintana Energy Corp. All Rights Reserved
Slide 2: Disclaimer & Reader Advisory
SNN TSX-V Disclaimer & Reader Advisory This presentation is provided solely for information purposes to shareholders and qualified parties and does not constitute an offer to sell or solicit an offer to buy any securities of the Company and/or its subsidiaries. This document may contain forward-look
Slide 3: South America Focus
SNN TSX-V South America Focus CO LO M B I A Magdalena Basin 1.9 Billion BO Proved, A c q u i r e d Ke y I n t e r e s t s i n O ve r 38 0 ,0 0 0 A cre s Llanos Basin 1.5 Billion BO Proved Putumayo Basin 365 Million BO Proved PE RU S e c h u ra B a s i n D r i l l i n g o n 1 75 , 0 0 0 A c r e Bayov
Slide 4: The Sintana Advantage
SNN TSX-V The Sintana Advantage RIGHT TEAM A n E x p e r i e n c e d A n d Ve t e r a n Te a m W i t h A Tr a c k R e c o r d o f I n t e r n a t i o n a l S u c c e s s R I G H T PL AC E Aggressive South Ame rica Ac quisitions S t r a t e g y O f Wo r l d C l a s s A s s e t s I n S t a b l e C o u
Slide 5: Company Milestones
SNN TSX-V Company Milestones APR 29|11 Completed business combination with Northbrook and a C$21 Million financing at C$0.50 share M AY 1 6 | 1 1 Completed Acquisition of a 25 % interest in the 1 75 ,0 0 0 a c r e B a y o v a r B l o c k i n Pe r u AUG 17|11 Announced Agreement to acquire 30 % inter
Slide 6: Management Team
SNN TSX-V Management Team Keith Spickelmier An Experienced and highly-skilled Senior Executive Chairman M a n a g e ment Te a m wi t h ove r 2 0 0 ye a rs of combined oil and gas experience. Douglas Manner CEO & Director Focused on building a strong Company David Cherry through an aggressive strateg
Slide 7: Exploration Expertise
SNN TSX-V Exploration Expertise Phil de Gruyter Discovering new reserves comes down to VP Exploration & technical expertise – Sintana has it. Manager SA Th e m e m b e rs of t h e Co mp a ny’ s Te ch n ica l Greg Schlachter Te a m h ave wo rke d o n m a jo r d i sc ove ries Reservoir Engineering Man
Slide 8: Director Vision
SNN TSX-V Director Vision Keith Spickelmier The Company’s Vision starts at the top. Executive Chairman Sintana’s Board of Directors is comprised of Douglas Manner Director members with significant oil and gas, finance and M & A experience. Grant Fagerheim Director We b e l i eve a key d rive r t o t
Slide 9: Trading Symbol: SNN.V
Trading Symbol: SNN.V Toronto Stock Excha ng e S i n t a n a e n e r g y . c o m 2011 © Sintana Energy Corp. All Rights Reserved
Slide 10: Why Colombia, Peru & Paraguay?
SNN TSX-V Why Colombia, Peru & Paraguay? C o l o m b i a , Pe r u a n d Pa ra g u a y C O LO M B I A have proven hydrocarbon o Sliding scale royalties of 8% systems in multiple basins with for under 5,000 boepd to 25 % established production and for over 600,000 potential for world-class o Corporate
Slide 11: Colombia Entry
SNN TSX-V Colombia Entry Ta rg e t e d Ac qu i s i t io n s i n t h e p ro l i fic Magdalena Basins VMM-37 TA LO R A – 3 0 % i n 1 0 8 ,336 A c r e s TALORA COR-39 COR-39 – 30 % i n 95 , 1 0 6 Acres COR-11 C O R - 1 1 – 3 0 % i n 1 76 ,9 1 5 A c r e s V M M - 37 – 4 4 ,0 0 0 A c r e s ( I n Te c h n
Slide 12: Colombia's Prolific Basins
SNN TSX-V Colombia’s Prolific Basins Magdalena Basin – Multiple Play Types 1.9 Billion BO Proved Reserves 120 MBOPD – Current Production* Llanos Basin – Most prolific basin in Colombia 1.5 Billion BO Proved Reserves 5.2 Billion BO “2P” Reserves 600 MBOPD – Current Production* Venezuela Putumayo Basi
Slide 13: Our Colombia Assets
SNN TSX-V Our Colombia Assets Bogotá Talora Block 438 km2 COR-39 Block 385 km2 Upper Magdalena Basin Guando Field 126 MMBO Reserves 30,000 BOPD (Est.) COR-11 Block 715 km2 COLUMBIA • MMBO = Million Barrels of Oil • BOPD = Barrels of Oil Per Day 12 Exploring A Better Way
Slide 14: Talora Block Farm-In | Petrodorado
SNN TSX-V Talora Block Farm-In | Petrodorado TA LO R A Acquired 30% interest in TALORA 108,000 gross acres Pa r t n e r s a re Pe t ro d o ra d o ( 65 % ) a n d Traye ct o ria ( 5 % ) Excellent contract terms from Abanico Colombia government: Guando N o X - f a c t o r, n o g o ve r n m e n t back-i
Slide 15: Talora Development Plan
SNN TSX-V Talora Development Plan MERCANTILE ENAP SIPETROL Two d r i l l - r e a d y p r o s p e c t s t o Ambrosia Oil Field Guaduas Oil Field target main reservoir under 300 BOPD TALORA 595 BOPD known gas interval Rio Opia Field 400 BOPD Two p r o s p e c t s o f 1 0 - 3 0 M M B O size (recoverabl
Slide 16: COR-39 Farm-in | Canacol
SNN TSX-V COR-39 Farm-in | Canacol COR-39 30% farm-in interest in 95,106 COR-39 gross acres 120 km of 2D seismic Two we l l c o m m i t m e n t ( d r i l l , c a s e Abanico test, complete & equip) Guando U S $ 2 1 . 0 m i l l i o n (1) Terms Sintana pays 60% of Phase 1 costs to earn 30% working int
Slide 17: COR-39 Development Plan
SNN TSX-V COR-39 Development Plan LEGEND COR 39 COR-39 Area Wells 7 prospects identified based on Faults Planned Seismic SE Cacique 2D Seismic Unia, Unia HW, Unia Deep Oil Fields 2D Seismic evaluation as Leads Orion Updip follows; Conchitas Deep SE Cacque, Unia -HW-Deep, Orion Updip, SE Conchitas, G
Slide 18: COR-11 Farm-in | Canacol
SNN TSX-V COR-11 Farm-in | Canacol COR-1 1 3 0 % f a r m - i n i n t e r e s t i n 1 76 ,9 1 5 Gross Acres 155 km of 2D seismic One well commitment (drill, case Abanico test, complete & equip) Guando U S $ 25. 0 m i l l i o n (1) Terms Sintana pays 60% of Phase 1 costs to earn 30% working interests
Slide 19: COR-11 Development Plan
SNN TSX-V COR-11 Development Plan LEGEND COR 11 COR-1 1 Area Wells Faults Planned Seismic 3 prospects identified based on 2D Seismic Oil Fields Leads 2D Seismic evaluation as follows; Guando Arch a n g l e West, Arch a n g l e, Ipujarra To t a l u n - ri s ke d m e a n p o t e n t ia l re s o u rc e
Slide 20: Regional Access to Markets
SNN TSX-V Regional Access to Markets ACC ESS TO M I DST R EA M Pipeline Capacity: 95 MBOPD TALORA Pe a k T h ro u g h p u t : 70 M B O PD Oleoducto Alto Available: 25 MBOPD Magdalena Line COR-39 Expected Gas Tie -in is Chicoral Chicoral Guando Crude Pipeline Pumping Station Oil Pipeline 5.2 km South
Slide 21: Bayovar Acquisition | Peru
SNN TSX-V Bayovar Acquisition | Peru SAN FRANCISCO LA CASITA FIELD Bayovar XXVII Block Reserve Estimate Volumetric Reserves Up to 500 BCFG of 143 BCFG Acquired 25% working interest SAN PEDRO FIELD SAN PEDRO ESTE i n 1 75 ,0 0 0 g ro s s a c re s Reserve Estimate 19 Offshore Wells Up to 100 MMBO 2 Of
Slide 22: Bayovar Block | Operations
SNN TSX-V Bayovar Block | Operations Oil Pipeline Block is on the western edge of prolific Sechura Basin Estim a ted d ril l in g c osts of $ 2.5 million USD gross per well Accessible terrain, close to Bayovar XXVII Block facilities and markets Pe t ro p e r u o i l p i p e l i n e c ro s s e s B l
Slide 23: Trading Symbol: SNN.V
Trading Symbol: SNN.V Toronto Stock Excha ng e S i n t a n a e n e r g y . c o m 2011 © Sintana Energy Corp. All Rights Reserved
Slide 24: Overview Of Assets
SNN TSX-V Overview Of Assets Asset Summary Unrisked Mean Net Net Resource Block Country Operator Basin API W.I. Acres POS (000) MMBOE (%) Talora Colombia Petrodorado U. Mag 19-32 30% 33 15 28 COR-39 Colombia Canacol U. Mag 19-32 30% 29 17 25 COR-11 Colombia Canacol U. Mag 16-33 30% 53 32 20 XXVII Bl
Slide 25: Use of Funds
SNN TSX-V Use of Funds Po s t - M e r g e r U s e o f F u n d s Cash payment for acquisition of 25% working interest in the Bayovar XXVII Block, an additional $3M equivalent was paid in Sintana Energy $2.0 common shares pursuant to the terms of the Bayovar Agreement Cash payment for acquisition of 3
Slide 26: Capital Structure
SNN TSX-V Capital Structure Issued and Options Warrants Fully Outstanding Outstanding Outstanding Diluted 113.6M 100K 20M 133.7M $21M Financing includes i ss uance of 20 million warrants wi th a s t ri ke p ri c e o f $ 0 . 75 ; wa rra n t s h a v e a n 1 8 m o n t h t e rm a n d a forced conversion
Slide 27: Contact Information
SNN TSX-V Contact Information Sintana Energy Inc. – USA Office 2500 North Dallas Parkway, Suite 530, Plano, TX. USA 75093 P: 713.825.9591 F: 972.403.1012 i n f o @ s i n t a n a e n e r g y. c o m Sintana Energy Inc. – SA Operations Avenida 9 No. 113-52 Oficina 1804, Torres Unidas II Bogotá D.C., Co
Slide 28: Trading Symbol: SNN.V
Trading Symbol: SNN.V Toronto Stock Excha ng e S i n t a n a e n e r g y . c o m 2011 © Sintana Energy Corp. All Rights Reserved
Slide 29: Management Bios
SNN TSX-V Management Bios Kei t h S picke l m ie r, E xe cut ive Ch a i rma n Mr. Spickelmier is a Founding Partner of Northbrook Energy LLC. He was the Founder and Chairman of Westside Energy a Company he grew from start-up to US $200 million sale. He has participated in numerous public and private
Slide 30: Management Bios
SNN TSX-V Management Bios S e a n Aus t i n, Vic e P re s id e nt, Cont rol l er, S e cre t a r y a nd Tre a s u re r Mr. Austin has 30 years experience in oil and gas financial planning, analysis and control. He is the Former CFO and Director of Irvine Energy USA and Former CFO Westside Energy. He
Slide 31: Directors' Bios
SNN TSX-V Directors’ Bios Kei t h S picke l m ie r, E xe cut ive Ch a i rma n D o u g M a n n er, C EO, D i re ct or G ra nt Fa g e rh ei m, I nd e p e nd e nt D i re ctor Mr. Fa g e r h e i m h a s 28 years of diverse experience in both the upstream and downstream areas of the oil and gas business.