PEMEX Investor Presentation slide image

PEMEX Investor Presentation

Chihuahua PEMEX® Potential Shale Resources Paleozoic Shale Gas Sabinas Burro Picachos Burgos Cretaceous Shale Gas Tampico Misantla Veracruz Eagle Ford Shale Gas ⚫ Texas Shale Gas Provinces Eagle Ford/Agua Nueva Haynesville Bone Spring/Woodford Jurassic Shale Gas ■ PEMEX has identified 5 geological provinces with potential in shale resources: 1) Chihuahua 2) Sabinas-Burro-Picachos 3)Burgos Mesozoic 4) Tampico-Misantla 5) Veracruz According to the EIA, Mexico's shale gas resources could reach 681 TCF, which is ranked as the fourth largest reserve worldwide. www.pemex.com Main Developments ■PEMEX has identified 200 exploratory opportunities ■ The Habano-1 and Emergente -1 wells have verified the continuation of wet gas and dry gas zones in the Eagle Ford play ■ The Percutor-1 well, producing dry gas, confirmed the continuation of the Eagle Ford play into the Sabinas region ■ The Nómada-1 and Montañés-1 wells are in completion stage in the oil and wet gas zones, respectively ■ The Arbolero-1 well will test the existence of gas in the Jurassic play ☐ ■ Simultaneously, appraisals are being made in non- conventional structures in the Tampico-Misantla and Veracruz basins ■ PEMEX estimates between 150 Tcf (P90) and 459 Tcf (P10), with a median of 297 Tcf, which represents 2.5 to 7 times Mexico's 3P conventional reserves of natural gas 31 C-0022, Pemex Investor Presentation (Sept. 2012)
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