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C&C Energia Ltd
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November 2012 Corporate Presentation
| Randy McLeod | Page 7 of 11 |
May 09, 2024
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"November 2012 Corporate Presentation"
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TSX: CZE Recent Highlights 7 Q3’12 Royalties: $11.29 Production Expenses: $14.69 Transportation Expenses: $16.61 Operating Netback: $59.12 Q3’12 NETBACKS (US$/bbl) Realized Price: $101.71 • Achieved record avg. quarterly prod’n of 11,424 BOPD • Decreased inventory by half to ~200k bbls • Transportation expenses decreased ~7% from Q2’12(1) Drilling • Q2/Q3’12 ? 8 of 11 successful wells ? 73% • Successful appraisal and exploration drilling ? adding reserves Ronda Colombia 2012 Bid Round(2) • C&C was awarded the LLA 83 block • Located ~50 km from Rubiales heavy oil field • Long term growth opportunity 1. 7% excludes impact of one-time standby fees incurred in Q2’12 2. Includes preliminary award of a 100% interest in block LLA 83 in the Ronda Colombia 2012 bid round. Confirmation is still required from the ANH.