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Porto Energy Corp
Raymond James Canadian Energy Conference
| Joseph Ash | Page 2 of 11 |
February 27, 2017
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"Porto Energy Corp"
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Investment Highlights ?Porto Energy is an Oil & Gas company with assets in Portugal ? Highlyexperiencedteamwithtrackrecordofvaluecreation Highly experienced team with track record of value creation ?Existing gas discovery to be commercialized ?Si g nificant resource/ reserve p otential in unde r -ex p lored basin* gp p -1,875 mmboe Best Estimate Unrisked Resources -427 mmboe Best Estimate Risked Resources? Largelandposition(1.44millionnetacreswith99%averageWI) Large land position (1.44 million net acres with 99% average WI) ?Existing infrastructure, market access, and top tier fiscal terms ?First mover applying proven technologies not yet applied in Portugal ?Early-stage opportunity with near term milestones-Drilling operations starts in June, 2011 2* Based on Netherland, Sewell & Associates, Inc. (NSAI) Resource Report dated January 28, 2011, effective August 31, 2010