Investor Presentaiton
Peroá is a low-risk asset (~90% of proven reserves) while Papa Terra presents an interesting upside
Reserves Breakdown for Peroá (As of Apr/2021)
Peroá 15% W.I. production profile
boepd
6,000
15% W.I.
1P
2P
3P
5,000
Oil
60
75
90
4,000
3,000
Gas
2,958
3,283
3,773
2,000
Total
3,018
3,358
3,863
1,000
NPV 10
26,877
31,371
39,042
Reserves Breakdown for Papa Terra (As of dec/2021)
4,000
9.375% W.I.
1P
2P
3P
3,000
Oil
10,245
16,031
20,687
2,000
Total
10,245
16,031
20,687
1,000
NPV 10
83,629
134,950
201,749
Source: Based on public reserve reports from Gaffney Cline and Institutional Presentation, 3R
Petroleum
15
2006
2008
2010
2012
Historical PD 1P 2P 3P
2014
2016
2018
2020
2022
2024E
2026E
Papa Terra 9.375% W.I. production profile
boepd
Historical PD
1P
2P 3P
2028E
2030E
2032E
2034E
2013
2015
2017
2019
2021
2023E
2025E
2027E
2029E
2031E
2033E
2035E
2037E
2039E
2041E
2043E
2045E
✓
MAHA
ENERGY
2036EView entire presentation