Sign Up Now!
Back to Results
Note: Only one slide is currently available because you are not currently logged in.
Porto Energy Corp
TD Securities London Energy Conference
| Joseph Ash | Page 5 of 11 |
December 09, 2013
View in Results
"Porto Energy Corp"
View Full Document
Slides may show historical information no longer relevant. All slides to be viewed in context of the entire presentation and time. See
Portugal ?Compelling Investment Environment Natural gas pipeline Refinery ?Top tier fiscal terms ?0% Royalty (< 6,125 bopd) to 9% (>10,200 bopd) Maximum 7% royaltyfor onshoregasproduction PORTUGAL Porto concession area ? Maximum 7% royalty for onshore gas production ?29% income tax rate on corporate net profits Infrastructure accesstomarkets ? Infrastructure ? access to markets ?340,000 bopd processing from two refineries ?450 mmcfd pipeline with available capacity SPAIN ? Modern highways and benign topography? Favorable pricing of oil and gas ?Crude tied to Brent ?European gas market pricing 5? Stable government with political will