Corporate Presentation - Sintana · PDF fileCorporate Presentation ... 7 La Rompida Santa Rosa Ecopetrol 200 BOPD ... 12 Lisama-Nutria Nutria Ecopetrol 1,000 BOEPD 13 La Cira Infantas

Corporate Presentation

Unconventional Exploration In Colombia

September 18, 2014

SNN

S i n t a n a E n e r g y . c o m

E x p l o r i n g A B e t t e r Way

2014 © Sintana Energy Corp. All Rights Reserved

-V

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S N N | T S X . V E x p l o r i n g A B e t t e r W a y

Disclaimer & Reader Advisory

This presentation is provided solely for information purposes to shareholders and qualified parties and does not constitute an

offer to sell or solicit an offer to buy any securities of the Company and/or its subsidiaries. This document may contain forward-

looking statements within the meaning of certain securities laws, including provisions of the Securities Act (Ontario). These

forward-looking statements are based on projections, expectations and estimates as of the date of this document. Forward-

looking statements are provided for the sole purpose of providing information about management’s expectations and plans

relating to the future. All of the forward-looking statements made in this document are qualified by these cautionary statements

and those made in the Company’s other filings with the securities regulators of Canada.

The information contained in this presentation is considered accurate as of its date. Such information is, however, subject to

change at any time and this presentation shall not be construed to indicate that there has been no change in the affairs of the

Company and/or its subsidiaries at or near or since the date hereof. Any projections of future financial and operating

performance that are provided in this presentation of management’s projected business objectives shall not be construed or be

relied upon as accurate representations of future results.

An investment in Sintana Energy is speculative due to the nature of the Corporation's business. The ability of the Corporation to

carry out its growth initiatives as described in this presentation is dependent on Sintana Energy obtaining additional capital.

There is no assurance that the Corporation will be able to successfully raise the capital required or to complete each of the

growth initiatives described. Investors must rely upon the ability, expertise, judgment, discretion, integrity, and good faith of the

Management of the Corporation. Actual results will likely vary and may vary materially. No representation or warranty is made

as to the accuracy or completeness of any of the information contained herein. We seek safe harbor.

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3. 0 B i l l ion BO Potent ia l

1. 9 B i l l ion BO Proved

Dr i l led Dorados -1X Wel l in 2013

Dr i l led Verda l -2X Wel l in 2014

Working on Product ion L i cense for Verda l d i scovery

40. 0 B i l l ion BO Potent ia l

4. 0 B i l l ion BO D iscovered

Completed Farm -out wi th ExxonMobi l - N ovember 2012

Rece ived Env i ronmenta l Permit for VMM -37 - Januar y 2014

Dr i l l ing 2 Unconvent iona l Sha le wel l s in 2014/2015

Colombia Focus

U p p e r M a g d a l e n a

Sources: Industry published/Wood MacKenzie Database*ANH-2012, Colombia Potential Hydrocarbon Resources

M i d d l e M a g d a l e n a

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Colombia Assets

Colombia Interests & Recoverable Resources (P50)

(1) Sintana - 100% of the Conventional and 30% of the Unconventional Resources,

ExxonMobil farm-in for 70% of the Unconventional Resources

Block Interest Acres

VMM-4 15% 154,909

VMM-37 100%/30% (1) 43,158

TALORA 30% 34,194

COR-39 30% 95,106

COR-11 30% 176,915

Totals 504,282

Middle Magdalena

Upper Magdalena

Unconventional

Conventional

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A highly skil led and results driven Executive Management Team and Board of Directors with signif icant

International operations and finance expertise

Executive Management & Directors

Executive Management

Keith Spickelmier - Executive Chairman,Attorney - Capital Markets and Corporate Finance

Douglas Manner - Chief Executive Officer,Reservoir Engineer - Strategy and Corporate Finance

David Cherry - President & Chief Operating Officer,Business Development

Carmelo Marrelli - Chief Financial Officer Chartered Accountant - Compliance

Phillip De Gruyter - VP Exploration & SA ManagerGeoscience and Operations

Gregory Schlachter - Reservoir Engineering ManagerReservoir Data Acquisition and Analysis

Board of Directors

Keith Spickelmier

Douglas Manner

Ronald MacMicken - Independent Director & Chairman of the Audit Committee MBA/Investment Banker/Private Investor - Energy

Bruno Maruzzo - Independent Director & Chairman of the Compensation Committee Engineer/MBA/Consultant - Business Development

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SINTANA

S intana’s VMM -4 and

VMM-37 jo int vent ure

wi t h ExxonMobi l are

located in t he Sweet

Spot o f t he Middle

Magdalena Bas in

Unconventional | Majors

Producing Oil Fields

VMM-37Joint Venture

VMM-4

COR-11

TALORA

COR-39

Bogota

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Unconventional Wells | 2014/2015

Source: Industry published/Wood MacKenzie Database*

Oil Fields

Proposed Drill Locations

VMM-2

SANTA ISABEL

VMM-3

VMM-27

VMM-28

VMM-37Joint Venture

VMM-4

25+ Strat or Hor izontal Wel ls scheduled dur ing

2014/2015; recent t ransact ions include:

Sintana farm-out to ExxonMobi l (VMM-37)

o Valued at up to $ 120M (1)

o 1 Vert ica l/1 Hor izontal Wel l

ExxonMobi l /Canacol (VMM-2 – $774/acre)

o 3 Strat or Hor izontal Wel ls

o In i t ia l wel l now dr i l led/tested

Shel l/Canacol (VMM-3 – $1,140/acre)

o VMM-3: 3 Hor izontal Wel ls



Conoco/Canacol (Santa Isabel – $3,004/acre)

o valued at $122M (2)

o 13 Vert ica l/Hor izontal wel ls

Lewis Energy (VMM-1)

o 3 Hor izontal Wel ls

VMM-1

(1) Sintana Press Release November 12, 2012(2) Canacol Energy Presentation- July 2013

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Nearby Production | VMM-37

# Block Field Operator Production

1 Mag Medio N Cantagallo Ecopetrol 14,831 BOPD

2 Prov P Norte Liebre Ecopetrol 2,000 BOPD

3 El Pinal Sur Santos-Salina Petrosantander 1,788 BOPD

4 Prov P Sur Payoa Ecopetrol 9,378 BOPD

5 Sogamoso Sogamoso Ecopetrol Inactive

6 Las Monas Corazon Petrosantander 9,378 BOPD

7 La Rompida Santa Rosa Ecopetrol 200 BOPD

8 Mag Medio S Llanito Ecopetrol 2,500 BOPD

9 Mag Medio S Galan Ecopetrol 2,100 BOPD

10 Mag Medio S Casabe Ecopetrol 19,100 BOPD

11 Quebrada Roja Quebrada Roja Ecopetrol Inactive

12 Lisama-Nutria Nutria Ecopetrol 1,000 BOEPD

13 La Cira Infantas La Cira Infantas Ecopetrol 21,400 BOPD

Source: Scout Reports, June 2014*

Producing Fields

VMM-37

Production Highlights

B l o c k i s s u r r o u n d e d b y m a j o r o i l f i e l d s ; c o n v e n t i o n a l a n d

u n c o n v e n t i o n a l r e c o v e r a b l e e s t i m a t e s o f u p t o 2 b i l l i o n

b b l s a n d 3 b i l l i o n b b l s r e s p e c t i v e l y . L a C i r a I n f a n t a s ( 9 5 0

M M B O ) o p e r a t e d b y E c o p e t r o l i s t h e l a r g e s t o i l f i e l d i n

t h e b a s i n .

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Middle Magdalena | VMM-37

N o v e m b e r 2 0 1 2 , S i n t a n a a n n o u n c e d a f a r m - o u t t o

E x xo n M o b i l w i t h a c a r r y i n t h e P h a s e I a n d P h a s e I I

d e v e l o p m e nt p ro g ra m .

o P h a s e I – E x xo n M o b i l w i l l c a r r y S i n t a n a f o r 1 0 0 % o n

t o t a l o f t w o ( 2 ) w e l l s ; o n e ( 1 ) v e r t i c a l a n d o n e ( 1 )

h o r i zo n ta l w i t h a m i n i m u m 4 , 0 0 0 ’ l a t e ra l ( n o c o s t

c a p - E st . $ 6 5 M M ) .

o P h a s e I I – f i r s t $ 4 5 M o f d e v e l o p m e n t c o s t s ( $ 1 0 M t o

b e r e i m b u rs e d b y S i n t a n a o u t o f 5 0 % o f N e t

Re v e n u e s ) , t h e n h e a d s - u p d e ve l o p m e n t .

o E x xo n M o b i l i s c u r re n t l y p r e p a r i n g l o c a t i o n s t o d r i l l

t h e M a n a t i B l a n c o - 1 X ( v e r t i c a l ) f o l l o w e d b y t h e

M a n at i G r i s - 1 X ( h o r i zo n t a l ) w e l l .

R e s o u r c e Po t e n t i a l

U n c o n v e n t i o n a l a n d C o n v e n t i o n a l P 5 0 u n r i s k e d

r e c o v e r a b l e r e s o u r c e s e s t i m a t e n e t t o S i n t a n a o f

2 1 0 M M B O a n d 5 0 . 5 M M B O r e s p e c t i ve l y. (1)

Producing Fields

Drill Locations

VMM-4

VMM-37

(1) Petrotech Engineering Ltd. - VMM-37 Resource Evaluation Report – Effective Date: July 31, 2012

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S i n t a n a r e t a i n s 1 0 0 % i n t e re s t i n a l l C o n v e n t i o n a l

f o r m at i o n s a n d 3 0 % i n t h e U n c o n v e n t i o n a l s h a l e s i n

4 3 , 1 5 8 g ro s s a c r e s ( 1 7 4 k m 2) .

o Tw o ( 2 ) w e l l s s c h e d u l e d t o b e d r i l l e d b e g i n n i n g i n Q 4 -

1 4 w h i c h w i l l p e n e t ra t e t h e c o n v e n t i o n a l L i s a m a

We d g e p ro s p e c t s .

o C o n v e n t i o n a l s e c t i o n s w i l l b e t e s t e d i f h y d ro c a r b o n s

a r e p r e s e n t b e f o re d r i l l i n g d o w n t h ro u g h t h e d e e p e r

> 4 , 0 0 0 - fo o t C r e t a c e o u s f o r m a t i o n s ( L a L u n a , S i m i t i

a n d Ta b l a zo ) w i t h t h e h i g h - p o t e n t i a l u n c o nv e n t i o n a l

S h a l e O i l .

o C o r e , t e s t a n d e v a l u at e u n c o nv e n t i o n a l f o r m a t i o n s i n

t h e s o u r c e - ro c k /s h a l e o i l a n d f ra c t u re d t i g h t o i l

s e c t i o n s .

o E x xo n M o b i l w i l l t r e at b o t h t h e v e r t i c a l a n d h o r i zo n t a l

w e l l s w i t h m u l t i - s t a ge f ra c j o b s .

VMM-37 Farmout |

Depth

(feet)

8,300’

9,250’

13,550’

Source: Sintana Subsurface Team - Colombia, July 2014

15,000’

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U n c o n v e n t i o n a l P o t e n t i a l

o S h a l e a g e a n d f a c i e s a n a l o g o u s t o

E a g l e F o r d S h a l e s ( Te x a s ) .

o 3 t o 4 t i m e s t h i c k e r s h a l e p a y

s e c t i o n s t h a n E a g l e F o r d S h a l e s .

o V M M 3 7 B l o c k h a s a g r o s s s h a l e

v o l u m e e s t i m a t e o f 8 8 m i l l i o n a c r e

f e e t .

o B a s i n h a s s i g n i f i c a n t C o n v e n t i o n a l

a n d U n c o n v e n t i o n a l r e c o v e r a b l e

r e s e r v e s e s t i m a t e d a t 1 0 - 4 0 B i l l i o n

b b l s ( S o u r c e : A N H , 2 0 1 2 ) .


U n c o n v e n t i o n a l P 5 0 u n r i s k e d

r e c o v e r a b l e r e s o u r c e s e s t i m a t e n e t

t o S i n t a n a o f 2 1 0 M M B O . (1)

Unconventional | VMM-37


Source: Industry published/Wood MacKenzie Database

Shale Formations

Parameter VMM Tablazo VMM La Luna Neuquén Basin Eagle Ford

Well Depth (ft) 10,000-14,000 9,000-12,000 10000 10,000-13,000

Gross Pay (ft) 300-900 1,000-2,000 100-600 100-300

Net Pay (ft) 150-450 950-1,900 50-300 100-300

Horz. Well Cost ($M) 13+7 13+7 Vertical 6-9

Temp. Reservoir (F) 184 175 - 335

Ro Maturity 1.1 0.7-1.0 1.0-1.2 1.1-1.6

TOC (%) 5.5-7 5-10 4-8 2-6

Eff. Porosity (%) 8 15 7-12 6-14

Perm. (nD) 300 770 50-200 1100

STOOIP BBL/acre 40K-80K 750K-1,500K - 75K-150K

Pressure (psi/ft) 0.65 0.55-0.80 0.65-1.0 0.55-0.73

Quartz Content (%) 5 5-15 0-50 5-26

Clay Content (%) 30 17 15-40 15-30

Brittleness Moderate Moderate Moderate Moderate

API 43 API+ 26 API 40-45 API 40-60 API

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Oil Potential | VMM-37

R i c h e s t s o u r c e - r o c k b a s i n i n t h e w o r l d ;

s a m e C r e t a c e o u s b a s i n a s M a r a c a i b o ,

b u t u n e x p l o r e d .

C o n v e n t i o n a l Te r t i a r y S a n d s

• P i n c h o u t s & S t r u c t u r e s

• C o n v e n t i o n a l M i d - M a g p l a y

C o n v e n t i o n a l C r e t a c e o u s

• S t r u c t u r e s & C o m b i n a t i o n Tr a p s

• F r a c t u r e - e n h a n c e d T i g h t O i l

L i m e s t o n e / S a n d s

U n c o n v e n t i o n a l O i l S h a l e s

• U p p e r C r e t a c e o u s L a L u n a & L o w e r

C r e t a c e o u s Ta b l a z o S h a l e s &

L i m e s t o n e s

• 1 5 0 0 ’ & 5 0 0 ’ t h i c k r e s p e c t i v e l y


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Phase I Drilling Locations | VMM-37

VMM 37 Block

Manati Gris-1X

Manati Blanco-1X+

O Pedral-1

O La Coquera-1

O Bosques-1

O Bosques-3

+

+

+


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Two (2) large convent iona l prosp ect s and

four (4 ) convent ion al lead s h ave b een

id ent i f ied o n ex ist in g 2D se ismic .

Th e M on o Arañ a- 1, dr i l led by ExxonMobi l

8 0 kms n orth of VMM -3 7 rep orted 8 5 feet

o f Net Pay.

o F lowed 1,242 barrels of o i l per day

d u r ing a sh ort term test .

o F lowed 1,0 4 3 BOPD (2 2 o API ) on a long

term test .

o I s very s imi lar to th e Lisama Wed ge Play

at VM M -3 7.

S intan a is act ive ly pursu in g p otent ia l

p artn ers for th e convent iona l exp lorat ion

p rogram o n VM M - 3 7.

Convent iona l unr isked P5 0 recoverab le

resource est imate net to Sintana of 5 0.5

MMBO. (1)

Conventional | VMM-37


Source: June 2014 Monthly Scout Production Reports

9 km

La Cira Infantas21,400 BOEPD

Cantagallo/Yarigui14,831 BOEPD

Casabe19,100 BOEPD

Llanito2,500 BOPD

Lisama

Corazon

La Salina

Payoa

Suerte-Santos-Sabina4,000 BOEPD

Liebre

Sogmoso

Rosa

Galan2,100 BOPD San-Silvestre

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Middle Magdalena | VMM-4

1 5 % c a r r i e d i n t e re s t t h ro u g h P h a s e I I i n 1 5 4 , 9 0 9 g ro s s

a c r e s ( 3 8 , 7 2 7 n e t ) .

o L a r g e B l o c k w i t h Re s o u rc e Po t e n t i a l f ro m b o t h

C o n v e n t i o n a l a n d U n c o n v e n t i o n a l .

o E s t a b l i s h e d p ro d u c t i o n o n a d j a c e n t B l o c k s o p e ra t e d

b y m a j o rs .

o D e c e m b e r 2 0 1 3 , a 2 0 6 k m 2 3 D s e i s m i c d a t a

a c q u i s i t i o n p ro g ra m w a s c o m p l e t e d t o f u r t h e r d e f i n e

t h e c o n v e n t i o n a l p ro s p e c t s a n d e v a l u at e t h e

u n c o nve n t i o n a l p o t e n t i a l i n t h e C r e t a c e o u s s e c t i o n .


U n c o n v e n t i o n a l u n r i s k e d P 5 0 r e c o v e r a b l e r e s o u r c e s

e s t i m a t e n e t t o S i n t a n a o f 7 5 M M B O . ( 1 )

Producing Fields

VMM-37

VMM-4

(1) Petrotech Engineering Ltd. - VMM-4 Resource Evaluation Report – Effective Date: April 30, 2013

15


Block Field/Wells Operator/JV Production/Test

1 Bolivar(1) Buturama 1-4 Global Energy Prod 500K+ BO

Catalina-1 Global Energy Test 7,820 BOPD

Olivo-1 Global Energy Test 6,400 BOPD

2 Santa Isabel Oso Pardo-1 Conoco/Canacol Prod 205 BOPD

Morsa-1 Conoco/Canacol Prod 860 BOEPD

3 VMM-2 Mono Arana-1 Exxon/Canacol Test 1,043 BOPD

4 Fortuna Totumal 1-5 Ecopetrol Prod 800K+ BO

5 Midas-A Chuira Field Petronorte Prod 45 BOPD

6 Tisquirama-B Los Angeles Petronorte Prod 600 BOPD

7 Barranca Barranca-Lebrija Ecopetrol Prod 9 BOPD

8 Tisquirama San Roque Ecopetrol Prod 600 BOPD

9 Midas-B Acordeonero Petronorte Prod 2,200 BOPD

10 Midas-C Zoe Petronorte Prod 25 BOPD

11 Tisquirama-A Santa Lucia Petronorte Prod 300 BOPD

12 La Paloma Colon Petronorte Prod 579 BOPD

13 Pavas Pavas Ecopetrol Prod 47 BOPD

14 Toca Chuira Field Petronorte Prod 45 BOPD

Nearby Production | VMM-4

VMM-4

(1) Global Energy’s Form 51-101 reported 3P reserves of 337 MMBO

Source: Scout Reports, June 2014

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Block Partners Planned Wells

A VMM-1 Lewis Energy 3 Horizontal

B Bolivar Global Energy 2 Horizontal

C Santa Isabel Conoco/Canacol 13 wells (horz/vert)

D VMM-2 Exxon/Canacol 3 Strat/Horiz

E VMM-3 Shell/Canacol 3 Horizontal

F VMM-27 Shell 2 Horizontal

G VMM-28 Shell 2 Horizontal

Drilling Activity | VMM-4

Recent Exploration Activity on Nearby Blocks

Midas – Petronorte

• Acordeonero Field/Prod in the Lower Lisama Sands

• Cumulative Prod of 205,670 BO (23 API) in Q1/14

• Acordeonero-1/Prod 102,833 BO in Q1/14

• Acordeonero-2/Appraisal Well/Drilling to 4,500’ the Lisama target is

at 8,800’ depth

Santa Isabel – Conoco/Canacol

• Oso Pardo-1/Prod 205 BOPD + 27 MSCFPD

• Morsa-1 Prod 832 BOPD + 160,000 MSCFPD

VMM-2 – Exxon/Canacol

• Mono Arana-1/Tested 1,043 BOPD

Source: Midas Data from Monthly Scout Report - Petronorte GroupVMM-4

17


Nearby Production | Upper Magdalena

Block Field/Wells Operator Production*

1 Matambo Gigante Emerald Energy 290 BOPD

2 Rio Magdalena Popa Pacific Rubiales 3.5 MMSCFT

3 Mana Mana Interoil 1,737 BOPD

4 Puli Puli Ecopetrol 200 BOPD

5 Buganviles Delta Pacific Rubiales 100 BOPD

6 Abanico Abanico Pacific Rubiales 3,500 BOPD

7 Boqueron Guando Petrobras 11,000 BOPD

8 Chipalo Chipalo Pacific Rubiales Suspended

9 San luis Espinal Vetra 5,000 BOPD

10 Ortega Ortega Ecopetrol 920 BOPD

11 Espinal Purificacion Perenco 1,800 BOPD

12 Abanico Abanico Pacific Rubiales 3,500 BOPD

Source: Scout Reports, June 2014

Talora

COR-39

Nearby Production Highlights

T h e S i n t a n a B l o c k s a r e s u r r o u n d e d b y s e v e r a l m a j o r o i l

f i e l d s . T h e l a r g e s t f i e l d i n t h e r e g i o n , G u a n d o , I s e s t i m a t e d

b y m a n a g e m e n t t o h a v e r e c o v e r a b l e r e s o u r c e s o f 1 2 6 M M B O

( w i t h o v e r 1 b i l l i o n b b l s i n p l a c e ) .

COR-11

18


Talora Block | Petrodorado

A c q u i re d 3 0 % i n t e re s t i n 3 4 , 1 9 4 g ro s s a c r e s ( 1 0 , 2 5 8

n e t a c r e s ) .

o E xc e l l e n t c o n t ra c t t e r m s : N o X - f a c t o r, n o g o v e r n m e n t

b a c k - i n a n d l o w ro y a l t y.

o E x p l o rat i o n t e r m i s u p t o 6 y e a rs , e x p l o i t a t i o n t e r m

i s 2 2 y e a rs .

Talora

Producing Fields

(1) Sintana Subsurface Team - Colombia, July 2014

19


Talora Block – Verdal Discovery

o T h e Ve rd a l - 1 X w a s d r i l l e d i n l a t e

2 0 1 0 a n d m a d e a ga s /c o n d e n s at e

d i s c o v e r y i n t h e o v e r - p re s s u re d

Te t u a n r e s e r vo i r.

o T h e Ve rd a l - 2 X wa s d r i l l e d a n d

c a s e d t o t h e t o p o f t h e d i s c o v e r y

s a n d i n D e c e m b e r 2 0 1 3 .

o Wa i t i n g o n a l a r g e r r i g i n o r d e r t o

d r i l l t h e d e e p e r p ay s a n d s e c t i o n

u n d e r b a l a n c e d .

o Te c h n i c a l a n a l y s i s i n d i c at e s t h a t

t h e Te t u a n s t r u c t u re s h o u l d b e

h i g h l y p ro d u c t i ve a n d w o u l d m o s t

l i ke l y c o n s i s t o f ga s - c o n d e n s ate .

o C u r re n t l y w o r k i n g o n a p ro d u c t i o n

l i c e n s e f o r t h e Ve rd a l a r e a .


20


Talora Block – Dorados-1X Well

T h e D o ra d o s - 1 X w e l l r e a c h e d T D o f

7 , 2 8 2 ’ o n S e p t e m b e r 2 9 , 2 0 1 2 .

o E n c o u n t e re d a n e xc e p t i o n a l l y t h i c k

s a n d - p ro n e s e q u e n c e w h i c h w a s

n e v e r p r e v i o u s l y r e p o r t e d i n t h e

b a s i n .

o T h i s n e w C r e t a c e o u s s e c t i o n , n a m e d

t h e “ D o ra d o s S a n d s ,” h a s a m e a s u re d

d e p t h f ro m a b o u t 5 , 1 6 0 f e e t t o

b e l o w 7 , 0 0 0 f e e t , o r a ro u n d 1 , 8 5 0

f e e t t h i c k ( g ro s s ) .

o W h i l e d r i l l i n g , t h i s s e c t i o n y i e l d e d

e xc e l l e n t w e t ga s s h o w s ~ 5 0 0 f e e t

f o l l o w e d b y ~ 3 0 0 f e e t o f l i g h t o i l

s h o w s a n d c o n t i n u e d ga s .

o D u e t o f o r m a t i o n d a m a ge , t h e t e s t i n g

o f s i x ( 6 ) z o n e s y i e l d e d l i m i t e d

r e s u l t s , b u t d i d c o n f i r m e m u l s i f i e d

o i l ( 2 0 o A P I ) i n t h e D o ra d o s S a n d

s e c t i o n . Source: Sintana Subsurface Team - Colombia, July 2014

21


COR-39 Farm-in |

3 0 % f a r m - i n i n t e re s t i n 9 5 , 1 0 6 g ro s s a c r e s ( 2 8 , 5 3 1 n e t

a c r e s ) .

o 1 0 0 k m o f 2 D s e i s m i c w a s a c q u i re d a t a c o s t o f

~ $ 2 . 5 M M n e t t o S i n ta n a .

o P h a s e I w o r k p ro g ra m r e q u i re s t w o ( 2 ) w e l l s .

o D r i l l i n g p ro g ra m h a s b e e n d e l aye d t o l a t e 2 0 1 5 .

N e t r e m a i n i n g w o r k p ro g ra m c o s t i s ~ $ 1 0 M M . (1)

COR-39

Producing Fields(1) Based on Sintana Net Cost Estimate

22


COR-39 Development Plan

The COR-39 Block is immediately adjacent to

recently dril led Dorados-1X well in Talora block

with its new thick, quartz -rich sand (500-2000-

foot thickness; Cretaceous Cenomanian in age)

which is highly signif icant for future

exploration.

o Dura SS reservoir: 3 prospects and 7 leads

have been identif ied based on 2D seismic.

o Tetuan Limestone reservoir: 4 leads

identif ied.

o Active Oil seeps (> 20) inner & outer of the

COR-39 Block is a strong evident of an active

Petroleum System.

Dril l ing of two (2) vertical exploration wells

currently planned for 2015.

SE Conchitas Orion Updip

Cumaca

Gladiador Deep

Conchitas Deep

Cacique East

Proposed location

Existing wells

Tentative leads

Firm Leads

Existing 2D Seismic

Proposed 2D Seismic

UNIAUNIA DEEP

UNIA HW

5 km

Map Source: Canacol Energy Presentation - March 2012

23


3 0 % f a r m - i n i n t e re s t s i n 1 7 6 , 9 1 5 g ro s s a c r e s ( 5 3 , 0 7 4

n e t ) .

o P ro g ra m t o a c q u i re 1 5 5 k m o f 2 D s e i s m i c , o r i g i n a l l y

s c h e d u l e d f o r Q 1 / 1 4 h a s b e e n d e l ay e d d u e t o

w e a t h e r a n d o t h e r f a c t o rs , n o f i r m d a t e y e t

d e t e r m i n e d .

o O n e w e l l c o m m i t m e n t ( d r i l l , c a s e , t e s t , c o m p l e t e &

e q u i p ) .

o E s t i m a t e d t i m i n g i s 2 0 1 6 .

N e t r e m a i n i n g wo r k p ro g ra m c o s t i s ~ U S $ 1 4 m i l l i o n . (1 )

COR-11 Farm-in |

COR-11

Producing Fields(1) Based on Sintana Net Cost Estimate

24


Ea c h o f S i n t a n a ’s f i v e ( 5 ) B l o c k s a r e n e a r t h e

m a i n o i l & ga s p i p e l i n e s

Ta l o ra a n d C O R B l o c k s a r e w i t h i n ~ 6 0 Km o f a n

u n d e r - s u p p l i e d B o g o t á ga s m a r ke t

G a s M a r ke t : G a s i s c o n s i d e re d h i g h l y c o m m e r c i a l .

P i p e l i n e C a p a c i t y : ~ 9 5 M B O P D *

Pe a k T h ro u g h p u t : ~ 7 0 M B O P D *

Av a i l a b l e C a p a c i t y : ~ 2 5 M B O P D *

E x p e c t e d G a s T i e - i n i s C h i c o ra l P i p e l i n e

G o o d ro a d i n f ra s t r u c t u re a n d a c c e s s t o a l l b l o c k s

Regional Access to Markets

*MBOPD = Estimated Million Barrels of Oil Per DaySource: Industry published/Wood MacKenzie Database*

25


March 2011

$21.1 Million Bought-deal Private Placement Underwritten by:

Co-lead:

SyndicateIncluded:

March 2012

$9.2 Million Bought-deal Private Placement Underwritten by:

Co-lead:

SyndicateIncluded:

Corporate Finance

Analyst Coverage

26


Capital Structure | Ownership

Source: Sintana Energy as of September 18, 2014

42%

19%

10%

29%

Institutions Funds Management Retail

Ownership BreakdownCapital Structure

Issued and Outstanding 311M

Options Outstanding 21M

Warrants Outstanding NIL

Fully Diluted 332M

Gross Acres 504K

Net Acres 158K

52 Week High/Low $0.23/$0.07

Market Capitalization $48M

27


Contact Information

S i n t a n a E n e r g y . c o mi n f o @ s i n t a n a e n e r g y . c o m

Sintana Energy Inc. – USA Office

6860 North Dallas Parkway, Suite 200,

Plano, TX. USA 75024

Douglas Manner, CEO/Director

C: 832.279.4913

Keith Spickelmier, Executive Chairman

C: 713.248.5981

Sintana Energy Inc. – S.A. Operations

Avenida 9 No. 113-52

Oficina 1804, Torres Unidas II

Bogotá D.C., Colombia

Corporate Presentation - Sintana · PDF fileCorporate Presentation ... 7 La Rompida Santa Rosa Ecopetrol 200 BOPD ... 12 Lisama-Nutria Nutria Ecopetrol 1,000 BOEPD 13 La Cira Infantas

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