GROWING WITH MEXICO IN A NEW ERA OF ENERGY REFORM

Transcription

1 GROWING WITH MEXICO IN A NEW ERA OF ENERGY REFORM April 2016

2 Key Personnel IAN TELFER, LEAD DIRECTOR Co-founder and major shareholder of Renaissance Oil. Corp. Chairman of the Board, Founder & Past President of Goldcorp. Inc. Ernst & Young Entrepreneur of the Year, former Chair of the World Gold Counsel and recently inducted to the Canadian Mining Hall of Fame CRAIG STEINKE, PRESIDENT & CHIEF EXECUTIVE OFFICER Co-founder and major shareholder of Renaissance Oil Corp. Former Chief Executive Officer of Realm Energy International Corporation Over 20 years of extensive experience in the global oil & gas industry KEVIN SMITH, VICE PRESIDENT, BUSINESS DEVELOPMENT 20 years of experience in the financial services industry and oil & gas investment banking raising capital for junior energy companies Professional roles with Paradigm Capital, Macquarie Capital Markets Canada Ltd., HSBC Securities (Canada) Inc., and Nesbitt Burns Inc. 2

3 Key Personnel WILLEM VELTMAN, OPERATIONS MANAGER 26 years extensive experience in oil & gas exploration and development in Mexico, with associations and negotiations with Pemex, and managing growth of several oil & gas fields Served as Asset Director at Petrofac Mexico, in charge of USD $1.4 billion/3 yr E&P contract Oversaw startup and served as GM of GPA Energy, organizing group s 2006 bid for Pemex tender of the USD $433 million Monclova gas field development contract LUIS LABARDINI, COUNTRY MANAGER Former Senior Advisor to the CFO of PEMEX, having negotiated and closed first Ex- Im Bank financing in PEMEX history, allowing for development of Maloob, Zaap, and Caan fields, which have become the largest oil producers in the country. Former Deputy Director for Trade Financing and Deputy Director for Foreign Investment, where he actively participated in negotiations to turn PEMEX debt into Brady bonds. Founder and ongoing director of several oilfield service companies, including Seamar Mexico, a vessel chartering concern, and SEICO, specialized on inline pipeline inspection using GE technology. Pioneered introduction of modular platform drilling rigs into Mexican shallow waters, on behalf of Nabors Industries.

4 Technical Team DANIEL JARVIE, GEOCHEMIST Globally recognized as a leading analytical and interpretive organic geochemist, having evaluated conventional and unconventional petroleum systems around the World Former Chief Geochemist of EOG Resources, Inc., largest shale oil producer in North America Most notably, completed the independent geochemical analysis for Mitchell Energy, in their development of the Barnett Shale of the Fort Worth Basin, in Texas Mr. Jarvie has been the author of many award winning industry papers and in 2010, Mr. Jarvie was awarded Hart Energy s Most Influential People for the Petroleum Industry in the Next Decade Adjunct professor at Texas Christian University (TCU) and a member of the Energy Institute and Affiliate professor at the University of Oklahoma Bachelor of Science from the University of Notre Dame and mentored in geochemistry by Wallace Dow and Don Baker of Rice University NICK STEINSBERGER, DIRECTOR OF ENGINEERING 22 years experience in petroleum engineering, drilling, production, and surface facilities Completions Manager for Mitchell Energy and responsible for drilling of first 25 wells in the Barnett Shale, Nick was Integral to the growth of the company until its sale to Devon Energy for $3.1 Billion First to recommend and implement slick water fracs in the Barnett Shale, transforming it from a marginal play to one of the largest gas fields in the USA reaching peak production of 5.75 Billion Cubic Feet per day in 2012 As horizontal team leader for Devon Energy, he designed the first horizontal completions in shales that are now used industry wide Completed over 900 wells in the Barnett Shale and 300+ in other petroleum plays across North America Bachelor of Science, Petroleum Engineering, registered Professional Petroleum Engineer, Texas 4

5 Technical Team DAN STEWARD, SENIOR GEOLOGIST With 48 years experience in the petroleum industry, has spent over 20 years evaluating the Barnett Shale and widely considered an expert in conventional and unconventional reservoir evaluation Leading member of Mitchell Ednergy s Barnett Shale team and important contributor to the success of the shale play, as well as the $3.1 billion sale of the Company to Devon in 2002 Thereafter, applied his in-depth understanding of source rocks to evaluating resource plays within the U.S., such as the Marcellus & Mount Pleasant shales, as well as Canada, South America, China & the U.K Selected by the American Association of Petroleum Geologists (AAPG) for their 2007 Explorer of the Year award for role in establishing the Barnett as one of the largest producing gas fields in the United States and the model for shale resource plays worldwide In 2012, honoured as one of the Legends of Unconventional Wildcatters by the Houston Geological Society, and received the Monroe G. Cheney Science Award for his work in the Barnett Shale (AAPG) in 2013 KENT BOWKER, SENIOR GEOLOGIST With over 35 years experience in the oil & gas industry Kent is widely recognized as a global industry expert in the geology and engineering of unconventional oil & gas reservoirs In 1998, while with Chevron Kent was recruited by Mitchell Energy management to join Barnett Shale Team, where he ultimately played an integral role in the successful development of the resource play and Mitchell Energy His technical analysis directly led to the realization that the Barnett Shale held nearly four times more gas than previously determined, ultimately increasing Mitchell s proven reserves from 500 Billion Cubic Feet to 2.5 Trillion Cubic Feet of natural gas between 1999 & 2002 Since 2002 sale of Mitchell Energy, Kent has had continued success in discovering hydrocarbons in several more U.S. sedimentary basins, and is further engaged in evaluating petroleum systems globally

6 Technical Team CAROL A. LAW, SENIOR GEOLOGIST Over 30 years experience in the petroleum industry; leadership, strategic decision making, exploration geology, research, and consulting in a variety of geological settings worldwide Recent four years dedicated to leadership roles in early stage, high growth focused oil and gas companies Experience in exploration activities in more than 40 countries and has been a team member responsible for discoveries in Mozambique (Rovuma Gas), Ghana (Jubilee), Brazil (multiple Campos Basin discoveries), Alaska (Nikaitchuq), China (Bohai Bay), Gulf of Mexico and others Former roles include Exploration Manager East Africa and Caribbean for Anadarko Petroleum Corporation and a number of senior exploration positions with Kerr McGee and BP/Amoco JAY PARK, INTERNATIONAL PETROLEUM LEGAL ADVISOR 27 years of legal advisory experience and widely considered a leading authority on global petroleum regimes Managing Partner at Park Energy Law providing legal expertise on a wide array of global energy projects Managing Partner at Petroleum Regimes Advisory Past Partner and Chair of the Global Resources Practice Group with Norton Rose Canada. Extensive experience in Mexico, having previously advised PEMEX on the development of innovative services contracts Specialty includes oil & gas asset acquisitions & divestments, share acquisitions & divestments, advising on production sharing agreements, concession agreements, product marketing, gas sales & purchase contracts, pipeline transportation matters, oil and gas pipeline asset dispositions and drafting legislation in over 40 other countries

7 Technical Team SERGIO BERUMEN, TECHNICAL ADVISOR SENIOR RESERVOIR ENGINEER Senior Reservoir engineer with over 30 years experience, having evaluated several Mexican oil and gas clastic and fractured carbonate reservoirs. Former roles include Technology Manager for Pemex E&P, Geosciences Manager and Technical Advisor for Diavaz, as well as a number of senior reservoir engineering positions with Pemex E&P and IMP Extended experience in integrated reservoir engineering studies and geomechanical projects focused on design and execution of hydraulic fracturing and microseismic technology field tests Specialty includes developing planning, integration of portfolio of oilfield locations, evaluation of investment opportunities in oil and gas fields, technology strategy in oil field development, oil and gas well testing design and interpretation. Authored numerous industry technical papers Associated Professor of Advanced Geomechanics and Advanced Well Stimulation at the Graduate School of Engineering, at the University of Mexico, since 1996 PhD in Petroleum Engineering from the University of Oklahoma ANDREW FOULDS, SENIOR PETROPHYSICIST Petrophysicist, with over 35 years international experience, in reservoir evaluation both in the service sector and within global oil companies Senior Petrophysicist for ExxonMobil, evaluating shale, carbonate and clastic formations globally including North Africa, East Africa, South America, Ukraine, Mediterranean, North Sea, UK, Indonesia, Canada, India and Poland Expertise in planning cost effective integrated petrophysical analysis programmes for all types of reservoirs, including unconventional resources, tight oil & gas, shale oil & gas, oil shale, and CBM, as well as difficult reservoirs such as low contrast plays, thin bed analysis and complex lithology/fluid reservoirs

8 8 Technical Team STEPHEN P. CUMELLA, SENIOR GEOLOGICAL ADVISOR Extensive geological and geophysical experience with major producers and, most recently, with small entrepreneurial companies in North America, Latin America and Off-shore Africa Former Senior Geologist with Endeavour International, Bill Barrett Corporation / Barrett Resources and Exploration Geologist for Chevron / Chevron International 35 years of experience with established record of materially increasing production over various basins Directed all geological operations for Bill Barrett Corporation s Piceance Basin development program, production increased from 30 MMcf/d when the property was acquired in 2004 to 180 MMcf/d in 2010 Directed budget of several hundred million and all geological operations for Barrett Resources/ Williams Production RMT in the Piceance Basin, increasing production of 100 MMcf/d in 2000 to 300 MMcf/d by 2004 Worked with team to develop geologic model for Lake Maracaibo Blocks VI and VIII reservoir characterization projects, recommendations to PDVSA resulted in over 40,000 BOPD increased production RANDALL L. MILLER, GEOLOGY AND COMPLETIONS ADVISOR Over 35 years experience specializing in integrating geology, petrophysics, fracture stimulation and production analysis for optimizing the exploitation of unconventional reservoirs Division Vice President of Integrated Reservoir Solutions of Core Laboratories, a World leader for providing proprietary and patented production enhancement and reservoir management services Globally renowned industry speaker, instructor and conducted and directed over 50 large joint industry projects