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Canacol Energy Ltd
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May 2024 Corporate Presentation
| Charle Gamba | Page 2 of 11 |
November 10, 2024
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"May 2024 Corporate Presentation"
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2023 Investor Presentation 2 Canacol at a Glance Prospective Resources Colombia (bcf) 6 Unrisked Risked Gross Mean Resources 20,525 7,576 Gas Equivalent Reserves Colombia (bcfe) 5 1P 2P Gross Reserves 295 607 After-Tax NPV10 (US$MM) $1,115 $1,764 Reserves Life Index 4.8 9.9 Basic Shares O/S (MM) 1 34.1 Share Price (C$) 2 $5.0 Market Cap CAD$169MM - (US$MM) 2, 3 $123 Net Debt (US$MM) 4 $723 Enterprise Value (US$MM) $845 OTCQX : CNNEF BVC : CNE.C TSX : CNE 1. As at Dec 31, 2023. 2. As at Mar 28, 2024. 3. Converted from CDN ? USD exchange rate (0.74) as of Mar 28, 2024. 4. As at Dec 31, 2023. Net Debt shown is Total Debt less Working Capital. 5. Working Interest reserves and deemed volumes per the independent reserve report prepared by Boury Global Energy Consultants (“Boury”) effective December 31, 2023. Reserves Life Index based on annualized fourth quarter 2023 conventional natural gas production of 168,127 Mcfpd. 6. Represents gross mean prospective resources for conventional natural gas per the report prepared by Boury Global Energy Consultants, effective December 31, 2021. Largest Independent Natural Gas Producer in Colombia