Investor Presentaiton
Land Drilling
We believe the 2018 operational improvements are sustainable
Leading market share
Operational improvement
(2018 vs 2017)
Archer
Ambitious goals set by
Argentine Government 1)
Vaca Muerta
20%
Golfo San Jorge
32%
Est. Archer market share (revenue)
+
~8% headcount
reduction in Argentina
~18 % more wells
drilled per rig in
South
+
Double the oil and
natural gas
production within five
years
CAGR of Investments
2018-2024 = 19%
Land Drilling South
re-negotiated its main
contract with Pan
American Energy
ব
Enhance Argentina's
trade balance through
net exports totaling
$15 billion by 2023
Land Drilling right-sized and well positioned to deliver stable performance
1) Argentina Energy Plan 2018, Secretario de Gobierno de Energia
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