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Investor Presentation Unconventional Exploration In Colombia August 12, 2015 SEI SintanaEnergy.com Exploring A Better Way 2015 © Sintana Energy Corp. All Rights Reserved -V Photo courtesy of ExxonMobil Parker Rig 271 Drilling at VMM-37 May 2015

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Page 1: Investor Presentation - Sintana Energysintanaenergy.com/pdf/SNN_Investor_Presentation_15_08_12.pdf · Investor Presentation ... 7 La Rompida Santa Rosa Ecopetrol 200 BOPD ... 12 Lisama-Nutria

Investor Presentation

Unconventional Exploration In Colombia

August 12, 2015

S E I

S i n t a n a E n e r g y . c o m

E x p l o r i n g A B e t t e r Way

2015 © Sintana Energy Corp. All Rights Reserved

-V

Photo courtesy of ExxonMobilParker Rig 271 Drilling at VMM-37

May 2015

Page 2: Investor Presentation - Sintana Energysintanaenergy.com/pdf/SNN_Investor_Presentation_15_08_12.pdf · Investor Presentation ... 7 La Rompida Santa Rosa Ecopetrol 200 BOPD ... 12 Lisama-Nutria

1

S E I • T S X - V E x p l o r i n g A B e t t e r W a y

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-looking statements

within the meaning of certain securities laws, including provisions of

the Securities Act (Ontario). These forward-looking statements are

based on projections, expectations and estimates as of the date of

this document. Forward-looking statements are provided for the sole

purpose of providing information about management’s expectations

and plans. All forward-looking statements made in this document are

qualified by these cautionary statements and those made in the

Company’s other filings with the securities regulators of Canada.

The information contained in this presentation is considered accurate

as of its date. Such information is subject to change at any time and

this presentation should not be construed to indicate that there has

been no change in the affairs of the Company and/or its subsidiaries

at or near or since the date hereof. Any projections of financial and

operating performance that are provided in this presentation of

management’s projected business objectives should not be construed

or be relied upon as accurate representations of future results.

An investment in Sintana Energy is speculative due to the nature of

the Company's business. The ability of the Company to carry out its

growth initiatives as indicated in this presentation is dependent on the

Company obtaining additional capital. There is no assurance that the

Company will be able to successfully raise the capital required or to

complete each of the growth initiatives described. Investors must rely

upon the ability, expertise, judgment, discretion, integrity, and good

faith of the management of the Company. Actual results will likely

vary and may vary materially. No representation or warranty is made

as to the accuracy or completeness of any of the information

contained herein. We seek safe harbor.

Certain information contained herein is considered “analogous

information” as defined in National Instrument 51-101 (“NI 51-101”).

Such analogous information has not been prepared in accordance with

NI 51-101 and the Canadian Oil and Gas Evaluation Handbook. In

particular, this presentation notes specific analogous oil discoveries

and corresponding details of said discoveries in the area of the

Company’s property interests and makes certain assumptions about

such property interests as a result of such analogous information and

potential recovery rates as a result thereof. Such information is based

on public data and information recently obtained from the public

disclosure of other issuers who are active in the area, and the

Company has no way of verifying the accuracy of such information

and cannot determine whether the source of the information is

independent. Such information has been presented to help

demonstrate that hydrocarbons may be present in commercially

recoverable quantities in the Company’s areas of interest. There is no

certainty that such results will be achieved by the Company and such

information should not be construed as an estimate of future reserves

or resources or future production levels of Sintana.

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2

S E I • T S X - V E x p l o r i n g A B e t t e r W a y

4 .0 to 8 .3 B i l l i o n B O Po te nt i a l Y T F

2 .0 B i l l i o n B O P ro d u ce d / P ro ve n

Co mp l ete d Fa rm - o u t wi t h E x xo n M o b i l -

No ve mb e r 2 0 1 2

Re c e i ve d E nv i ro n me nta l Pe rmi t fo r

V M M - 3 7 - Ja n u a ry 2 0 1 4

E x xo n M o b i l i s Cu rre nt l y D r i l l i n g t h e

M a n at i - B l a n co - 1 X we l l a t V M M - 3 7 wi t h

s h a l l o w co nve nt i o n a l a l s o ta rgete d

2 .1 B i l l i o n B O Po te nt i a l Y T F

9 4 6 M i l l i o n B O P ro d u c e d / P ro ve n

D r i l l e d D o ra d o s - 1 X We l l i n 2 0 1 3

D r i l l e d Ve rd a l - 2 X We l l i n 2 0 1 4

Ap p l i cat i o n f i l e d wi t h ANH fo r Ve rd a l

P ro d u c t i o n L i c e n s e

Colombia Focus

M i d d l e M a g d a l e n a

Sources: Industry published/Wood MacKenzie Database*

ANH-2012, Colombia Potential Hydrocarbon Resources

U p p e r M a g d a l e n a

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3

S E I • T S X - V E x p l o r i n g A B e t t e r W a y

Colombia Interests

* Sintana/ExxonMobil JV - Sintana retains 100% of the conventional and 30% of the unconventional.

Block InterestAcres(000)

VMM-4 15% 155

VMM-37 100%/30%* 43

TALORA 30% 34

Totals 232

Middle Magdalena

Upper Magdalena

Unconventional

Conventional

Colombia Assets

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4

S E I • T S X - V E x p l o r i n g A B e t t e r W a y

Middle Magdalena | VMM-37

N o v e m b e r 2 0 1 2 , S i n t a n a a n n o u n c e d a f a r m - o u t t o

E x xo n M o b i l w i t h a c a r r y i n t h e P h a s e I e x p l o rat i o n a n d

P h a s e I I d e v e l o p m e n t p ro g ra m s .

o P h a s e I – E x xo n M o b i l t o c a r r y S i n t a n a f o r 1 0 0 % o n

t o t a l o f t w o ( 2 ) w e l l s ; o n e ( 1 ) v e r t i c a l a n d o n e ( 1 )

h o r i zo n ta l w i t h a m i n i m u m 4 , 0 0 0 ’ l a t e ra l ( n o c o s t

c a p - E st . $ 8 5 M ) .

o P h a s e I I – F i rs t $ 4 5 M o f d e v e l o p m e n t c o s t s ( $ 1 0 M t o

b e r e i m b u rs e d b y S i n t a n a o u t o f 5 0 % o f N e t

Re v e n u e s ) , t h e n h e a d s - u p d e ve l o p m e n t .

o E x xo n M o b i l i s c u r re n t l y d r i l l i n g t h e f i r s t w e l l ;

M a n a t i B l a n c o - 1 X ( v e r t i c a l t o ~ 1 6 , 0 0 0 ’ ) .

R e s o u r c e Po t e n t i a l

U n c o n v e n t i o n a l a n d C o n v e n t i o n a l P 5 0 u n r i s k e d

r e c o v e r a b l e r e s o u r c e s e s t i m a t e n e t t o S i n t a n a o f

2 1 0 M M B O a n d 5 0 M M B O r e s p e c t i v e l y. (1)

Producing Fields

Drill Locations

VMM-4

VMM-37

(1) Petrotech Engineering Ltd. - VMM-37 Resource Evaluation Report – Effective Date: July 31, 2012.

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5

S E I • T S X - V E x p l o r i n g A B e t t e r W a y

S i n t a n a r e t a i n s 1 0 0 % i n t e re s t i n a l l C o n v e n t i o n a l

f o r m at i o n s a n d 3 0 % i n t h e U n c o n v e n t i o n a l o i l s h a l e s i n

4 3 , 1 5 8 g ro s s a c r e s ( 1 7 4 k m 2) .

o Tw o ( 2 ) w e l l s t o b e d r i l l e d b e g i n n i n g w i t h t h e M a n at i

B l a n c o - 1 X w e l l w h i c h w i l l p e n e t rat e t h e c o n v e n t i o n a l

L i s a m a We d g e f o r m a t i o n s .

o L i s a m a s a n d s t o n e s w i l l b e e v a l u at e d f o r h y d ro c a r b o n s

b e f o re d r i l l i n g t h ro u g h t h e > 4 , 0 0 0 - fo o t h i g h p o t e n t i a l

u n c o nve n t i o n a l C r e t a c e o u s f o r m at i o n s ( L a L u n a ,

S i m i t i a n d Ta b l a zo ) .

o C o r e , t e s t a n d e v a l u at e u n c o nv e n t i o n a l f o r m a t i o n s i n

t h e s o u r c e - ro c k /s h a l e o i l a n d f ra c t u re d t i g h t o i l

s e c t i o n s .

o E x xo n M o b i l w i l l t r e at b o t h t h e v e r t i c a l a n d h o r i zo n t a l

w e l l s w i t h m u l t i - s t a ge f ra c j o b s .

VMM-37 Farmout |

Depth

(feet)

8,300’

9,250’

13,550’

15,000’

Source: Sintana Subsurface Team - Colombia, July 2014

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6

S E I • T S X - V E x p l o r i n g A B e t t e r W a y

Unconventional Wells | 2015

Source: Industry published/Wood MacKenzie Database*

Oil Fields

Proposed Drill Locations

VMM-2

SANTA ISABEL

VMM-3

VMM-27

VMM-28

VMM-37Joint Venture

VMM-4

25+ Strat/Hor izontal Wel ls scheduled dur ing

2015 in the Region; recent t ransact ions in the

Region include*:

Sintana farm-out to ExxonMobi l (VMM -37)

o 1 Vert ica l/1 Hor izontal Wel l

o In i t ia l wel l now Dr i l l ing

ExxonMobi l /Canacol (VMM-2)

o 3 Strat/Hor izontal Wel ls

o In i t ia l wel l now dr i l led/tested

Shel l/Canacol (VMM -3)

o 3 Hor izontal Wel ls

Shel l (VMM-27 & VMM-28)

o VMM-27: 2 Hor izontal Wel ls

o VMM-28: 2 Hor izontal Wel ls

Conoco/Canacol ( Santa Isabel )

o 13 Vert ica l/Hor izontal wel ls

Lewis Energy (VMM-1)

o 3 Hor izontal Wel ls

VMM-1

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S E I • T S X - V E x p l o r i n g A B e t t e r W a y

Nearby Production | VMM-37

# Block Field Operator Production*

1 Mag Medio N Cantagallo Ecopetrol 14,831 BOPD

2 Prov P Norte Liebre Ecopetrol 2,000 BOPD

3 El Pinal Sur Santos-Salina Petrosantander 1,788 BOPD

4 Prov P Sur Payoa Ecopetrol 9,378 BOPD

5 Sogamoso Sogamoso Ecopetrol Inactive

6 Las Monas Corazon Petrosantander 9,378 BOPD

7 La Rompida Santa Rosa Ecopetrol 200 BOPD

8 Mag Medio S Llanito Ecopetrol 2,500 BOPD

9 Mag Medio S Galan Ecopetrol 2,100 BOPD

10 Mag Medio S Casabe Ecopetrol 19,100 BOPD

11 Quebrada Roja Quebrada Roja Ecopetrol Inactive

12 Lisama-Nutria Nutria Ecopetrol 1,000 BOEPD

13 La Cira Infantas La Cira Infantas Ecopetrol 21,400 BOPD

Producing Fields

VMM-37

Production Highlights

Block is surrounded by major oil f ields; conventional and

unconventional recoverable YTF estimates of ~4 bil l ion bbls

and ~2 bil l ion bbls respectively. La Cira Infantas (950

MMBO recoverable) operated by Ecopetrol is the largest oil

f ield in the basin.Source: Scout Reports, June 2014*

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S E I • T S X - V E x p l o r i n g A B e t t e r W a y

U n c o n v e n t i o n a l P o t e n t i a l

o S h a l e a g e a n d f a c i e s a n a l o g o u s t o

E a g l e F o r d S h a l e s ( Te x a s ) .

o 3 t o 4 t i m e s t h i c k e r s h a l e p a y

s e c t i o n s t h a n t h e E a g l e F o r d .

o V M M 3 7 B l o c k h a s a g r o s s s h a l e

v o l u m e e s t i m a t e o f 8 8 m i l l i o n a c r e

f e e t .

o B a s i n h a s s i g n i f i c a n t C o n v e n t i o n a l

a n d U n c o n v e n t i o n a l r e s o u r c e

e s t i m a t e d a t u p t o 4 0 B i l l i o n

B a r r e l s ( S o u r c e : A N H , 2 0 1 2 ) .

V M M - 3 7 R e s o u r c e Po t e n t i a l

U n c o n v e n t i o n a l P 5 0 u n r i s k e d

r e c o v e r a b l e r e s o u r c e s e s t i m a t e n e t

t o S i n t a n a o f 2 1 0 M M B O . (1)

Unconventional | VMM-37

(1) Petrotech Engineering Ltd. - VMM-37 Resource Evaluation Report– Effective Date: July 31, 2012. The unconventional andconventional prospective resources set forth in the report preparedby Petrotech Engineering Ltd. have not been disclosed in aStatement of Reserves Data pursuant to NI 51-101.

Source: Industry published/Wood MacKenzie Database

Shale Formations

Parameter VMM Tablazo VMM La Luna Neuquén Basin Eagle Ford

Well Depth (ft) 10,000-14,000 9,000-12,000 10000 10,000-13,000

Gross Pay (ft) 300-900 1,000-2,000 100-600 100-300

Net Pay (ft) 150-450 950-1,900 50-300 100-300

Horz. Well Cost ($M) 13+7 13+7 Vertical 6-9

Temp. Reservoir (F) 184 175 - 335

Ro Maturity 1.1 0.7-1.0 1.0-1.2 1.1-1.6

TOC (%) 5.5-7 5-10 4-8 2-6

Eff. Porosity (%) 8 15 7-12 6-14

Perm. (nD) 300 770 50-200 1100

STOOIP BBL/acre ft 40K-80K 750K-1,500K - 75K-150K

Pressure (psi/ft) 0.65 0.55-0.80 0.65-1.0 0.55-0.73

Quartz Content (%) 5 5-15 0-50 5-26

Clay Content (%) 30 17 15-40 15-30

Brittleness Moderate Moderate Moderate Moderate

API 43 API+ 26 API 40-45 API 40-60 API

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S E I • T S X - V E x p l o r i n g A B e t t e r W a y

VMM-37 Infrastructure and Drilling Locations

Source: Sintana Topside Team - Colombia, Sept 2014

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10

S E I • T S X - V E x p l o r i n g A B e t t e r W a y

Two (2 ) large convent ion a l L i sama

reser voi r prospects and four (4 )

convent ion a l lead s h ave b een id ent i f ied

o n ex ist in g 2D se ismic .

M on o Araña- 1 wel l , d r i l led by ExxonMobi l

8 0 kms n orth of VM M-3 7, rep orted 8 5

feet o f Net Pay in t h e L isama Reser vo i r.

o F lowed 1,043 BOPD (2 2 o API ) on a long

term test .

Convent iona l unr i sked P5 0 recoverab le

resource est imate net to Sintana of 50

MMBO. (1 )

Conventional | VMM-37

(1) Petrotech Engineering Ltd. - VMM-37 Resource Evaluation Report – Effective Date:July 31, 2012. The unconventional and conventional prospective resources setforth in the report prepared by Petrotech Engineering Ltd. have not been disclosedin a Statement of Reserves Data pursuant to NI 51-101. Source: June 2014 Monthly Scout Production Reports

9 km

La Cira Infantas 21,400 BOEPD

Cantagallo/Yarigui 14,831 BOEPD

Casabe 19,100 BOEPD

Llanito2,500 BOPD

Lisama

Corazon

La Salina

Payoa

Suerte-Santos-Sabina4,000 BOEPD

Liebre

Sogmoso

Rosa

Galan2,100 BOPD San-Silvestre

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S E I • T S X - V E x p l o r i n g A B e t t e r W a y

Middle Magdalena | VMM-4

1 5 % c a r r i e d i n t e re s t t h ro u g h P h a s e I I i n 1 5 4 , 9 0 9 g ro s s

a c r e s ( 6 4 7 k m 2) l o c a t e d 7 0 k m n o r t h e a s t o f V M M - 3 7 .

o L a r g e B l o c k w i t h Re s o u rc e Po t e n t i a l f ro m b o t h

C o n v e n t i o n a l a n d U n c o n v e n t i o n a l f o r m at i o n s .

o E s t a b l i s h e d p ro d u c t i o n o n a d j a c e n t B l o c k s o p e ra t e d

b y m a j o rs .

o D e c e m b e r 2 0 1 3 : c o m p l e t e d a 2 0 6 k m 2 3 D s e i s m i c

d a t a a c q u i s i t i o n p ro g ra m t o f u r t h e r d e f i n e t h e

c o nv e nt i o n a l p ro s p e c t s a n d e v a l u ate t h e

u n c o nve n t i o n a l p o t e n t i a l i n t h e C r e t a c e o u s s e c t i o n .

o S i n t a n a i s 1 0 0 % c a r r i e d i n 2 w e l l s s c h e d u l e d t o b e

d r i l l e d i n 2 0 1 5 .

V M M - 4 R e s o u r c e Po t e n t i a l

U n c o n v e n t i o n a l u n r i s k e d P 5 0 r e c o v e r a b l e r e s o u r c e s

e s t i m a t e n e t t o S i n t a n a o f 7 5 M M B O . ( 1 )

Producing Fields

VMM-37

VMM-4

(1) Petrotech Engineering Ltd. - VMM-4 Resource Evaluation Report – Effective Date: April 30, 2013.The unconventional prospective resources set forth in the report prepared by PetrotechEngineering Ltd. have not been disclosed in a Statement of Reserves Data pursuant to NI 51-101.

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S E I • T S X - V E x p l o r i n g A B e t t e r W a y

Block Partners Planned Wells

A VMM-1 Lewis Energy 3 Horizontal

B Bolivar Global Energy 2 Horizontal

C Santa Isabel Conoco/Canacol 13 Strat/Horizontal

D VMM-2 Exxon/Canacol 3 Strat/Horizontal

E VMM-3 Shell/Canacol 3 Horizontal

F Midas-B Petronorte 2 Strat/Horizontal

G VMM-27 Shell 2 Horizontal

H VMM-28 Shell 2 Horizontal

Regional Drilling Activity | VMM-4

Recent Exploration Activity on Nearby Blocks

Santa Isabel – Conoco/Canacol

• Oso Pardo-1/Prod 205 BOEPD.

• Morsa-1 Prod 832 BOPD + 160,000 MSCFPD.

VMM-2 – Exxon/Canacol

• Mono Arana-1/Tested 1,043 BOPD.

Midas – Petronorte

• Acordeonero Field - Production from Lower Lisama Sands.

• Cumulative Production of 205,670 BO (23 API) in Q1/14.

• Acordeonero-1 - Produced 102,833 BO in Q1/14.

• Acordeonero-2 - An appraisal well, is currently being drilled to the

Lisama target at a depth of 8,800 ’.

Source: Midas Data from Monthly Scout Report - Petronorte Group

VMM-4

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S E I • T S X - V E x p l o r i n g A B e t t e r W a y

Talora Block | Petrodorado

A c q u i re d 3 0 % i n t e re s t i n 3 4 , 1 9 4 g ro s s a c r e s ( 1 3 9 k m 2) .

o E xc e l l e n t c o n t ra c t t e r m s : N o X - f a c t o r, n o g o v e r n m e n t

b a c k - i n a n d l o w ro y a l t y.

o E x p l o rat i o n t e r m i s u p t o 6 y e a rs , e x p l o i t a t i o n t e r m

i s 2 2 y e a rs .

Talora

Producing Fields

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S E I • T S X - V E x p l o r i n g A B e t t e r W a y

Nearby Production | Talora Block

Block Field/Wells Operator Production*

1 Matambo Gigante Emerald Energy 290 BOPD

2 Rio Magdalena Popa Pacific Rubiales 3.5 MMSCFT

3 Mana Mana Interoil 1,737 BOPD

4 Puli Puli Ecopetrol 200 BOPD

5 Buganviles Delta Pacific Rubiales 100 BOPD

6 Abanico-A Abanico Pacific Rubiales 3,500 BOPD

7 Boqueron Guando Petrobras 11,000 BOPD

8 Chipalo Chipalo Pacific Rubiales Suspended

9 San luis Espinal Vetra 5,000 BOPD

10 Ortega Ortega Ecopetrol 920 BOPD

11 Espinal Purificacion Perenco 1,800 BOPD

12 Abanico-B Abanico Pacific Rubiales 3,500 BOPD

*Source: Scout Reports, June 2014

Talora

Nearby Production Highlights

T h e T a l o r a B l o c k i s s u r r o u n d e d b y s e v e r a l m a j o r o i l

f i e l d s . T h e l a r g e s t f i e l d i n t h e r e g i o n , G u a n d o , i s

e s t i m a t e d b y m a n a g e m e n t t o h a v e r e c o v e r a b l e r e s o u r c e s

o f 1 2 6 M M B O ( w i t h o v e r 1 b i l l i o n B b l s i n p l a c e ) .

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S E I • T S X - V E x p l o r i n g A B e t t e r W a y

Talora Block – Verdal Discovery

o T h e Ve rd a l - 1 X w a s d r i l l e d t o i n l a t e

2 0 1 0 a n d m a d e a ga s /c o n d e n s at e

d i s c o v e r y i n t h e o v e r - p re s s u re d L a

L u n a r e s e r vo i r.

o T h e Ve rd a l - 2 X wa s d r i l l e d a n d c a s e d

t o t h e t o p o f t h e d i s c o v e r y s a n d i n

D e c e m b e r 2 0 1 3 .

o Wa i t i n g o n a l a r g e r r i g i n o r d e r t o

d r i l l t h e d e e p e r p ay s a n d s e c t i o n

u n d e r b a l a n c e d .

o Te c h n i c a l a n a l y s i s i n d i c at e s t h a t t h e

L a L u n a s t r u c t u re s h o u l d b e h i g h l y

p ro d u c t i ve a n d w o u l d m o s t l i ke l y

c o n s i s t o f ga s - c o n d e n s ate .

o C u r re n t l y w o r k i n g o n a p ro d u c t i o n

l i c e n s e f o r t h e Ve rd a l a r e a .

Source: Sintana Subsurface Team - Colombia, July 2014

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S E I • T S X - V E x p l o r i n g A B e t t e r W a y

Talora Block – Dorados-1X Well

T h e D o ra d o s - 1 X w e l l r e a c h e d T D o f 7 , 2 8 2 ’ o n

S e p t e m b e r 2 9 , 2 0 1 2 .

o D i s c o v e re d a n e xc e p t i o n a l l y t h i c k “ D o ra d o s

S a n d s ”. I n t h e C r e t a c e o u s s e c t i o n .

o M e a s u re d d e p t h f ro m a b o u t 5 , 1 6 0 f e e t t o

b e l o w 7 , 0 0 0 f e e t , o r a ro u n d 1 , 8 5 0 f e e t

t h i c k ( g ro s s ) .

o E xc e l l e n t w e t ga s s h o w s ~ 5 0 0 f e e t

f o l l o w e d b y ~ 3 0 0 f e e t o f l i g h t o i l a n d

c o n t i n u e d ga s s h o w s .

o D u e t o f o r m a t i o n d a m a ge , t h e t e s t i n g o f

s i x ( 6 ) z o n e s y i e l d e d l i m i t e d r e s u l t s , b u t

d i d c o n f i r m e m u l s i f i e d o i l ( 2 4 o A P I ) i n t h e

D o ra d o s S a n d s e c t i o n .

Source: Sintana Subsurface Team - Colombia, July 2014

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S E I • T S X - V E x p l o r i n g A B e t t e r W a y

Dorados 1X Well – Drilling Results

o M u d l o g g i n g l i t h o l o g y i n d i c a t e s a

C e n o m a n i a n a g e s a n d s t o n e i n t e r va l .

o S o n i c / n e u t ro n m e a s u re m e n t s

i n d i c a t e h i g h l y f ra c t u re d s e c o n d a r y

p o ro s i t y w i t h 2 0 % m a t r i x p o ro s i t y.

o Pe t ro p hys i c s i n d i c a t e s 1 5 0 ’ o f n e t

p ay a t h i g h o i l s a t u rat i o n i n t h e

s a n d st o n e /s h a l e s e q u e n c e o f h i g h e s t

ga s s h o w s .

o F i v e ( 5 ) s w a b b i n g D S T ’s w e r e

p e r fo r m e d i n t h e i n t e r va l w i t h

s t ro n g ga s s h o w s a n d t ra c e s o f 2 4 O

A P I o i l i n u p p e r i n t e r va l s .

Source: Sintana Subsurface Team - Colombia, July 2014 Gas Shows Oil Shows

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S E I • T S X - V E x p l o r i n g A B e t t e r W a y

Ea c h o f S i n t a n a ’s B l o c k s a r e n e a r t h e m a i n

o i l & ga s p i p e l i n e s .

Ta l o ra i s l o c a t e d w i t h i n ~ 6 0 Km o f t h e u n d e r -

s u p p l i e d B o g o t á ga s m a r ke t .

G a s M a r ke t : G a s i s c o n s i d e re d h i g h l y

c o m m e r c i a l . ( $ 8 . 0 0 / M M BT U ) ( 1)

P i p e l i n e C a p a c i t y : ~ 9 5 M B O P D *

Pe a k T h ro u g h p u t : ~ 7 0 M B O P D *

Av a i l a b l e C a p a c i t y : ~ 2 5 M B O P D * .

E x p e c t e d G a s T i e - i n i s C h i c o ra l P i p e l i n e ( 1 0

k m s o u t h w e s t o f C O R - 3 9 ) .

G o o d ro a d i n f ra s t r u c t u re a n d a c c e s s t o a l l

b l o c k s .

Regional Access to Markets

*MBOPD = Estimated Million Barrels of Oil Per Day

Source: Industry published/Wood MacKenzie Database* (1) Canacol Press Release – September 23, 2014

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S E I • T S X - V E x p l o r i n g A B e t t e r W a y

A highly skil led, results oriented Executive Management Team and Board of Directors with signif icant

International operations and finance expertise.

Executive Management & Directors

Executive Management

Keith Spickelmier - Executive Chairman,Attorney - Capital Markets and Corporate Finance

Douglas Manner - Chief Executive Officer,Reservoir Engineer - Strategy and Corporate Finance

David Cherry - President & Chief Operating Officer,Business Development - Operations

Carmelo Marrelli - Chief Financial Officer Chartered Accountant - Compliance

Sean Austin – Vice PresidentCorporate - Finance, Accounting and Administration

Gregory Schlachter - Reservoir Engineering ManagerReservoir Data Acquisition and Analysis

Board of Directors

Keith Spickelmier

Douglas Manner

Ian Macqueen- Independent Director Equity Research Analyst with Paradigm Capital

Bruno Maruzzo - Independent DirectorEngineer/MBA/Consultant - Business Development

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S E I • T S X - V E x p l o r i n g A B e t t e r W a y

Capital Structure

Source: Sintana Energy – effective as of February 3, 2015

Capital Structure

Issued and Outstanding 116.9M

Options Outstanding 7.7M

Warrants Outstanding 3.7M

Fully Diluted 128.2M

Gross Acres 232K

52 Week High/Low $0.09/$0.39

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S E I • T S X - V E x p l o r i n g A B e t t e r W a y

Contact Information

S i n t a n a E n e r g y . c o mi n f o @ s i n t a n a e n e r g y . c o m

Sintana Energy Inc. – USA Office

6860 North Dallas Parkway, Suite 208,

Plano, TX. USA 75024

Sean Austin, Vice-President

T: 713.825.9591

Sintana Energy Inc. – S.A. Operations

Avenida 9 No. 113-52

Oficina 1804, Torres Unidas II

Bogotá D.C., Colombia

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S E I • T S X - V E x p l o r i n g A B e t t e r W a y

Keith Spickelmier, Executive Chairman – Fou n der o f Nort hbrook En ergy LLC. He was t h e Fou n der

an d Ch a i rman of West s id e En ergy, a comp any h e grew f rom star t -up to US $200 mi l l ion sa le . Par t i c ipated

in n u merou s p u bl i c an d p r ivate en ergy invest ments . P ract ic in g attorney f rom 1986 to 2 0 0 0 .

Douglas Manner, Chief Executive Officer – Founder o f Northbrook En ergy LLC. He has 3 3 years of

Indu st ry exper ien ce in c lud ing 1 5 years with Ryd er Scott . Former COO o f Gulf Canad a Resources ,

manag in g operat ion s in 2 0 countr ies wit h 150 ,0 0 0 b oepd . Former COO o f Kosmos En ergy, (o ffsh ore

Gh an a) CEO o f Bel lwet h er Resources , (South America explorat ion ) and West s ide En ergy (Barn ett Sh a le

d eve lopment) .

David Cherry, President and Chief Operating Officer – Foundin g Partn er of Northbrook En ergy

LLC. and Found er of Petroven In c . He h as 3 6 years of indu st ry exp er ien ce wit h expert i se in prosp ect

ident i f i cat ion, eva luat ion and st ructur ing of acqu is i t ions and var ious types of o i l and gas t ransact ions .

Greg Schlachter, Reservoir Engineering Manager – Mr. Sch lachter h as over 2 4 years exper ience as

a reser voi r and p rodu ct ion test in g en gineer, Pr ior to jo in in g th e Company h e worked for 1 4 years with

Sch lu mb erger ; the f in al 2 years in South Amer ica as Sch lu mb erger ’s Reser voi r Eng in eer ing D omain

Ch amp ion cover in g Peru , Co lomb ia an d Ecu ad or.

Key Management

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S E I • T S X - V E x p l o r i n g A B e t t e r W a y

Keith Spickelmier, Executive Chairman

Doug Manner, CEO, Director

Ian Macqueen, Independent Director – Mr. Macqu een is current ly an Equ ity Research Ana lyst with

Parad igm Cap ita l and a former Equ ity Research An a lyst wi th CIBC Wor ld M arket s , Versant Partn ers ,

M acqu ar ie Cap ita l M arket s , Or ion Secur i t ies and Dundee Secu r i t ies . He is a lso a former A&D sp ec ia l i st

with Waterous and Co. M r. Macqueen is a Profess iona l Geolog ist and member of APEGA .

Bruno Maruzzo, Independent Director – M r. M aruz zo is th e Pres id ent (pr in c ip a l ) of Techn oVenture

In c . , a Toronto based bu s in ess con su lt in g company. Previou s ly h e ser ved on th e aud it committees of

P in etree Capita l Ltd . , Cr i t i ca l Outcome Techn olog ies In c . , Hami lton Th orn e L imited (formerly Ca lotto

Cap i ta l In c . ) an d Cleanf ie ld A l ternat ive En ergy In c .

Board of Directors

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S E I • T S X - V E x p l o r i n g A B e t t e r W a y

Carmelo Marrel l i , Chief Financial Off icer – Mr. Marrel l i has over 1 5 years exp er ien ce as Chief

F in an c ia l Off i cer of severa l publ i c ly l i sted jun ior min ing comp anies . He is a Ch artered Accountant and

Cert i f ied Gen era l Accou ntant in Can ad a .

Sean Austin, Vice President, Control ler, Secretary & Treasurer – M r. Au st in h as over 30 years

exp er ience in o i l an d gas f in an c ia l p lan ning , an a lys i s an d cont ro l . He was t h e CFO an d a D i rector o f

I r v ine Energy USA and CFO of Wests ide Energy. He prev ious ly spent 23 years wi th Hess in sen ior

p os i t ion s in c lu d ing Corp orate Cont ro l ler an d Head –Worldwide Exp lorat ion an d Prod u ct ion F in an c ia l &

Commerc ia l Ser v ices .

Lee Pett igrew– Mr. Pett igrew b rin gs more th an 2 0 years o f invest ment b an kin g exp er ien ce sp ec ia l i z in g

in o i l & gas to S intana. After start ing his career with F irst Boston Corporat ion in New York, M r. Pett igrew

sub sequ ent ly jo in ed Gord on Cap ita l in Toronto and th en Ca lgary to co -h ead Gord on's o i l and gas effort s .

He was a founder of Newcrest Cap ita l wh ich was b ou ght by TD Ban k. He was a M anaging D irector in TD's

En ergy Group, M anag in g D irector of Or ion Secur i t ies wh ich was so ld to M acqu ar ie Ban k . In 2009, h e left

M acq u ar ie Ban k an d fou n ded M ercar i Cap i ta l Ltd .

Management Team