Hattrick Energy is a fast-growing oil and gas E&P company focused on unlocking overlooked opportunities in high-potential basins using proven North American technology to maximize return and create value for shareholders
3
BLOCKS
+285K
ACRES
18MM
2P RESERVES *
0
DEBT
+120
DRILLING LOCATIONS *
*DeGolyer & MacNaughton, 2019 Certification
Manage an Oil & Gas company as a sustainable and organic business
Focus on cash flow generation and reserves recycle ratio as the key metrics for value addition
Use a defined project approach to allocate capital and mitigate subsurface and commercial risks
Apply proven North American Technology in new basins with high profitability
Highly-involved management team focused on value creation and a lean execution with a solid track-record in the oil & gas and financial sectors
Hattrick Energy was founded to apply North American technology to the largely untapped conventional hydrocarbon assets of Argentina. We have amassed a 287.000- acre land portfolio, more than 1100 km2, in the highly productive Neuquina Basin, sandwiched between two large oil-producing trends and offering substantial development upside.
In each of the operations, we develop our technical expertise, ensuring the protection of the environment, and guaranteeing respect for cultural and archaeological heritage of the area.
Lindero de Piedra (E&P contract), Sur Rio Atuel and Norte Rio Atuel (Technical Evaluation Agreements), are located at the north eastern section of the Neuquina basin, in the south of Mendoza Province, in Argentina. These blocks are part of the Deformed Platform - an oil trend that offers substantial, high-reward investment opportunities where several industry players are already established.
• The block offers a significant de-risked exploration and development opportunity.
• Hattrick Energy has the operatorship and a 90% working interest in Lindero de Piedra, in partnership with Emesa (Empresa Mendocina de Energía Sociedad Anónima; 10% working interest).
• Lindero de Piedra Central field, currently on production, has been certified and offers more than 120 conventional drilling locations to develop. Since January 2019, heavy crude oil is produced through vertical shallow wells using primary recovery technique.
• Lindero de Piedra Sur and Lindero de Piedra Norte fields are analogue structures with already tested wells that require further development to untap its full potential.
• Unconventional potential was also been detected in the western section of the block.
• Sur Rio Atuel block was assigned to Hattrick Energy and Emesa (Empresa Mendocina de Energía Sociedad Anónima) under a Technical Evaluation Agreement. Hattrick Energy retained the operatorship and a 90% working interest.
• This block is adjacent to the northern limit of Lindero de Piedra block where several geological structures continue to the northwest.
• Geological expertise and technical analysis run in the area, and discoveries made with the use of new heavy oil technology in the adjacent Lindero de Piedra block might indicate the existence of synergies between the blocks and new value catalysts to be spotted.
• The block, with a surface of 317 Km2 (122 sections) or 78,433 acres, is covered with 700 km of 2D seismic and +80 km2 of 3D seismic.
• Norte Rio Atuel block was assigned to Hattrick Energy and Emesa (Empresa Mendocina de Energía Sociedad Anónima) under a Technical Evaluation Agreement. Hattrick Energy retained the operatorship and a 90% working interest.
• This block is adjacent to the northern limit of Sur Rio Atuel, located at the north of the Atuel river, and continues to be placed over the Deformed Platform, an oil trend present in Lindero de Piedra and Sur Rio Atuel blocks.
• The block, with a surface of 468 Km2 (180 sections) or 115,629 acres, is covered with 800 km of 2D seismic and +260 km2 of 3D seismic.
• Lindero de Piedra off-loading facility was built as a strategic injection point to Lujan de Cuyo pipeline to drastically reduce transportation costs and optimize returns for local production.
• This facility, located 17 km away from Lindero de Piedra block, is adjacent to YPF premises in Malargüe.
• Lindero de Piedra premises offer commercialization and export services to local producers.
At Hattrick Energy, acting responsibly is the prerequisite for long-term business success.
Our fundamental purpose is to generate value for our shareholders and to respect the needs of other key stakeholders so we ensure that our operations yield positive social, environmental and economic outcomes in the communities where we work.
ENVIRONMENT
We carry out exhaustive evaluations of environmental impact before any exploration, development or production activities, in order to prevent any adverse environmental impact.
LOCAL EMPLOYMENT
We create local employment opportunities, both within the oil industry and existing local industries.
HEALTH & SAFETY
Health and Safety in the workplace is a priority. The company's senior management is responsible for reviewing internal control standards, health and safety strategies and policies, as well as the contingency response plan.
ETHICS
The Code of Conduct forms the basis for our business activities and is of key importance both for the company and for all employees. That’s because it defines standards of conduct for our actions and offers all employees guidance for making the right decisions in daily business life.
