Fueling Colombia's
Clean Energy Transition

Overview of Colombian
Natural Gas Blocks

MARIA CONCHITA (80% WI)

  • 2P Reserves of 27.7 Bcf
  • Best Estimate Gross Prospective Resources (prospects) Unrisked 155.9 Bcf (Risked 31.4 Bcf)
  • Tested 7-11 MMcf/d through separate DST tests in 3 different zones with 48/64” choke on Aruchara-1
  • Q2-21: Re-entry of Istanbul-1 well
  • Q4-21: Complete pipeline connecting the field to national infrastructure

SINU-9 (72% WI)

  • Best Estimate Contingent Resources of 37.0 Bcf
  • Best Estimate Prospective Resources (Prospects) Unrisked of 602.2 Bcf (Risked 182.4 Bcf) and Prospective Resources (Leads) of 459.0 Bcf
  • Binding offer for $27.7 million financing to construct & complete initial four-well drilling program:
  • Q3-21: Drilling and testing of Magico and Mago wells
  • Q4-21: Production tests through temporary facilities begins at Magico and Mago and design of permanent production facilities

TIBURÓN (10-40% WI)

  • Blue sky exploratory asset with excellent natural gas exploration potential; NG intends to shoot seismic and possibly farm out

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