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PetroLatina Energy Exploration and Production in Latin America. October 2006. Forward Looking Statement.
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Certain statements contained in this document constitute “forward-looking statements”. Such forward-looking statements involve risks, uncertainties and other factors which may cause the actual results, performance or achievements of the relevant entities, or the results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements are based on numerous assumptions regarding the Company’s present and future business strategy and the environment in which the Company will operate in the future. There can be no assurance that the results and events contemplated by the forward-looking statements in this document, will, in fact, occur. The Company undertakes no obligation publicly to release the result of any revisions to any forward-looking statements in this presentation that may occur due to any change in the Company’s expectations or to reflect events or circumstances after the date of this presentation. All subsequent written or oral forward-looking statements attributable to the Company, or persons acting on behalf of the Company, are expressly qualified in their entirety by the cautionary statements contained throughout this presentation. As a result of these risks, uncertainties and assumptions, a prospective investor should not place undue reliance on these forward-looking statements.
Options - 1,322,000
Warrants - 39,069,479
Table does not include Serafin gas reserves
PDN 2006 Financial Forecast (Post acquisition)
Drilled / Encountered Hydrocarbons
Drilled / P&A
Leads / Prospects
* This does not include Atzam which is estimated to be between 5 and 16 million barrels of potential reserves
Note: Cash forecast does not include potential oil production / revenues from the Guatemalan work programme