Why Invest Now?

• Ownership and operatorship of fields together with evacuation infrastructure enables tight cost and schedule control as well as ability to quickly bring new discoveries, such as the recently announced EVN-x1, onstream
• Cash flow positive, growing production with all fields operationally profitable
• Near term significant organic growth potential with the means to pursue material inorganic growth opportunities
• Minimal third party financial debt provides flexibility to expand
• Access to end market through Trafigura, President’s second largest shareholder, a US$170 billion commodity and logistics company
• Razor focus on margins, low OPEX and G&A costs
• Dynamic, young in-country management
• Successful development and exploration

In addition, there is considerable upside potential available to President from three sources

• In excess of 100% incremental production potential from our existing producing assets
• The high potential exploration opportunities in Argentina and Paraguay that we anticipate drilling
• Multiple inorganic opportunities in the LatAm region

President benefits from:

• A robust existing platform of highly cash generative production assets that limit downside risk and provide additional financing options
•  An unparalleled alignment between executive management and shareholders given the active involvement of Peter Levine, our largest shareholder, as Chairman and CEO
• The operational excellence of our team in-country employing high standards of QHSE, corporate and operating governance, cost discipline and accountability