AAPG 2006 Perupetro Session Petrolifera Petroleum Limited Presentation

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AAPG 2006Perupetro SessionPetrolifera
Petroleum LimitedPresentation
TSX PDP
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Petrolifera The Company

• Public oil and gas company operating in South
  America
• IPO completed November 8, 2005, with TSX listing
  under the symbol PDP
• 35 Owned by Connacher Oil and Gas Limited
• A Canadian oil and gas exploration company with
  interests in oil sands and conventional oil and
  gas projects
• Two main focus areas
• ARGENTINA
• PERU

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Argentina

• Low risk, low cost (well cost US650,000)
  exploration/exploitation opportunities
• Petrolifera has established production in the
  Neuquen Basin at
• Puesto Morales/Rinconada
• 95,000 acres(4 townships)
• 100 owned and operated

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Petroliferas Argentina Land Holdings

• Puesto Morales
• P. Morales Oil Field
• P. Morales N. Oil (new) Gas Field
• La Ramona Norte Oil Gas Field (new)
• Rinconada
• Rinconada Oil Field (abandoned)
• Geologically Attractive
• On the prolific
• eastern shelf
• On trend with thegiant Medanito Field
• Block had seen no exploration for approximately
  30 years before 2003

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Puesto Morales Drilled Wells 2005/06
2005/06 Oil Wells
RN.PM.x-1003 - Sierras Blancas up to 6,000
bbl/d on 2 choke
- Punta Rosada up to 2,400 bbl/d on
2 choke RN.PM.x-1002 - Sierras
Blancas up to 2,340 bbl/d on ¾
choke RN.PM.x-1004 - Sierras Blancas up to
940 bbl/d on ½ choke RN.PM.a-1010 -
Sierras Blancas up to 1,700 bbl/d on ¾
choke - Punta Rosada
up to 2,500 bbl/d on ¾
choke RN.PM.a-1011 - Sierras Blancas up to
700 bbl/d on ¾ choke
- Punta Rosada up to 2,500 bbl/d on
¾choke RN.PM.x-1005 - Quintuco 118 bopd, 96
bbl frac water Production 1/1/2005 _at_
80 bopd Current Production _at_ 3,500
bopd (restricted by facilities)
approx. Exit Rate 2006 est. _at_ gt10,000 bopd