The Parex Advantage
Advisory
A
Historical Production (1)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
Light & Medium Crude Oil (bbl/d)
Heavy Crude Oil (bbl/d)
Average Oil Production (bbl/d)
4,668
7,214
6,021
6,831
7,471
39,120 44,494 39,197 38,449 43,008
77
5,345
11,407
15,854
22,526 27,434 29,473 35,212
43,788 51,708 45,218
45,280 50,479
Average Conventional Natural Gas Production (mcf/d)
54
0
0
0
0
0
1,452
1,974
3,720
5,874
7,800
10,308
9,420
Average Oil & Natural Gas Production (boe/d)
86
5,345
11,407
15,854
22,526
27,434
29,715
35,541
44,408
52,687 46,518 46,998 52,049
Production Split (% Crude Oil)
90%
100%
100%
100%
100%
100%
99%
99%
99%
98%
97%
96%
97%
(1) The Company's average production for full year 2010-2022 disclosed in this presentation consists of the following product types, as defined in NI 51-101 and using a conversion ratio of 1 Bbl: 6 Mcf where applicable.
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