July Fact Sheet


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July Fact Sheet

  1. 1. TSX-V SHO OTCQX SHOAF Price as of June 15, 2012 (in CAD) $0.31 Shares Outstanding 232,675,283 Market Capitalization (in CAD) $72.1 million 52 Week Range (in CAD) $0.20 – $0.750Shona is an international oil and natural gas exploration, developmentand production company focusing on South America, specifically Colombia and Peru.The Company holds interests in the operated Esperanza block located in Colombia’sLower Magdalena Basin; the Serrania, Los Picachos and Macaya Blocks in SerraniaColombia’s Caguan Basin; and Block 102 in Peru’s Maranon Basin.Investment Highlights• One producing g block and three oil exploration p g gas p blocks in Colombia and one oil exploration block in Peru• Production with stable cash flow - delivering a total of 14.0 million cubic feet per day (mmcfd) of firm gas sales under current contracts, increasing to 15.5 mmcfd firm in January 2014.• Daily production capacity of 25 mmcfd with current yp p y wells, increasing to over 45 mmcfd with additional development of existing assets• Fully funded development program with favorable economics• Oil prospects on trend, or in proximity to, existing productionCorporate Strategy• Acquire additional sales contracts for existing gas capacity on the Esperanza Block• Increase value of existing blocks through drilling of identified prospects and subsequent development• Seek additional assets on trend, or in proximity to, existing production, with low development costs and attractive fiscal terms, utilizing current cash flow for funding• Fiscally responsible allocation of capital
  2. 2. Serrania Block (Colombia)Esperanza Block (Colombia) • Shona: 37.5%, Hupecol (Operator): 50%, Houston American Energy: 12.5%• 100% owned and operated by Shona’s Shona s subsidiary, Geoproduction; 60,002 acres • 110,769 gross acres; 41,538 net acres• 95 BCF 2P and 173 BCF 3P Net Reserves • Targeting Mirador formation – Capella Field (seven miles south) has potential recoverable• High value gas delivery contracts increasing reserves of 200 MMBLS of 10-20° oil over next 3 years • Fault trap look-alike to Capella Field and very• Additional 30,000 acres being explored with large four-way closure 3D seismic • Exploration drilling commencing 2013 Los Picachos & Macaya Blocks (Colombia) • Shona: 37.5%, Hupecol (Operator): 50%, Houston American Energy: 12.5% • 248,025 248 025 gross acres; 93 0089 net acres 93,0089 • Two fault trap prospects on Los Picachos and Macaya concessions Management Board of Directors James L. Payne James L. Payne Chairman, CEO & Ted M. Anthony y Co-Founder Gregory D. Elliott John R. Womack President & Co-Founder Edgar G. Hotard Larry D. Leavell Gary R. PetersenBlock 102 (Peru) Chief Operating Officer Jordan R. Smith Michael S. Wilkes• Shona: 36.5%, Pluspetrol (Operator): 51%, CFO and Controller Contact Information Andean Oil and Gas: 12.5% 675 Bering Drive, Suite 300 Shetal Mentlewski Houston, Texas, 77057• 313,023 gross acres; 114,253 net acres VP of Ad i i t ti & f Administration Phone: (713) 622-8809 Legal; Corporate Secretary Fax: (713) 622-4431• Exploration focus on trend with higher David K. Gian info@shonaenergy.com reserve potential Treasurer Ricardo Mendieta• Offsets large infrastructure with oil pipeline VP, Colombia