Top 5 Southern American Liquid Producers

OTHER LIQUIDS CRUDE OIL 2400 éia COUNTRY FOCUS 2100 BRAZIL VENEZUELA COLUMBIA DEVELOPED BY SMT & SOUTH HILL COMMUNICATIONS CRUDE OIL 750 ECUADOR LIQUID FUEL PRODUCTION 3500 OTHER LIQUIDS According to the Oil and Gas Journal BRAZIL VS. VENEZUELA 3000 3750 (OGJ), Brazil has 12.9 billion barrels of 2500 CRUDE OIL CRUDE OIL Venezuela proven oil reserves in 2011, the 2000 2000 500 second-largest in South America after 1500 Brazil Venezuela. The offshore Campos and TOP FIVE SOUTH AMERICAN LIQUID PRODUCERS 1000 Santos Basins, located off of the country's 500 southeast coast, hold the vast majority of 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Brazil's proven reserves. In 2010, Brazil THOUSAND BARRELS PER DAY (AS OF 2010) produced 2.7 million barrels per day (bbl/d) of liquids, of which 75 percent was crude oil. Brazil's oil production has risen steadily in recent years, with the country's oil Rio de Janelro OCEAN | 2km production in 2010 about 150,000 bbl/d (6 percent) higher than in 2009. BM-S-11 BR 65% Based on its January 2011 Short-Term ARGENTINĂ (3 -0 Energy Outlook, EIA forecasts Brazilian oil production to reach 2.9 million bbl/d in POST SALT | 2km 2011 and 3.0 million bbl/d in 2012. Brazil's BM-S-10 BR 65% CRUDE OIL lara liquids consumption averaged 2.52 million 650 Parati OTHER LIQUIDS Tupi SALT | 3km bbl/d in 2009. As a result of this rising oil production and flat consumption growth, BM-S-8 BR 66% 800 OBem-te-vi BM-S-24 BR 80% Carioca, Guara Brazil became a net oil exporter in 2009 PRE SALT | 2km BM-S-21 BR 80% O Caramba BM-S-9 BR 45% Azulão BM-S-22 BR 20% South Hill PRE-SALT OIL Based on the U.S. Energy Information Administration Country Analysis Brief, Complete study here: http://www.seismicmicro.com/info/july2011 a creative communications company THOUSAND BARRELS PER DAY FORECAST OTHER LIQUIDS CRUDE OIL 2400 éia COUNTRY FOCUS 2100 BRAZIL VENEZUELA COLUMBIA DEVELOPED BY SMT & SOUTH HILL COMMUNICATIONS CRUDE OIL 750 ECUADOR LIQUID FUEL PRODUCTION 3500 OTHER LIQUIDS According to the Oil and Gas Journal BRAZIL VS. VENEZUELA 3000 3750 (OGJ), Brazil has 12.9 billion barrels of 2500 CRUDE OIL CRUDE OIL Venezuela proven oil reserves in 2011, the 2000 2000 500 second-largest in South America after 1500 Brazil Venezuela. The offshore Campos and TOP FIVE SOUTH AMERICAN LIQUID PRODUCERS 1000 Santos Basins, located off of the country's 500 southeast coast, hold the vast majority of 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Brazil's proven reserves. In 2010, Brazil THOUSAND BARRELS PER DAY (AS OF 2010) produced 2.7 million barrels per day (bbl/d) of liquids, of which 75 percent was crude oil. Brazil's oil production has risen steadily in recent years, with the country's oil Rio de Janelro OCEAN | 2km production in 2010 about 150,000 bbl/d (6 percent) higher than in 2009. BM-S-11 BR 65% Based on its January 2011 Short-Term ARGENTINĂ (3 -0 Energy Outlook, EIA forecasts Brazilian oil production to reach 2.9 million bbl/d in POST SALT | 2km 2011 and 3.0 million bbl/d in 2012. Brazil's BM-S-10 BR 65% CRUDE OIL lara liquids consumption averaged 2.52 million 650 Parati OTHER LIQUIDS Tupi SALT | 3km bbl/d in 2009. As a result of this rising oil production and flat consumption growth, BM-S-8 BR 66% 800 OBem-te-vi BM-S-24 BR 80% Carioca, Guara Brazil became a net oil exporter in 2009 PRE SALT | 2km BM-S-21 BR 80% O Caramba BM-S-9 BR 45% Azulão BM-S-22 BR 20% South Hill PRE-SALT OIL Based on the U.S. Energy Information Administration Country Analysis Brief, Complete study here: http://www.seismicmicro.com/info/july2011 a creative communications company THOUSAND BARRELS PER DAY FORECAST OTHER LIQUIDS CRUDE OIL 2400 éia COUNTRY FOCUS 2100 BRAZIL VENEZUELA COLUMBIA DEVELOPED BY SMT & SOUTH HILL COMMUNICATIONS CRUDE OIL 750 ECUADOR LIQUID FUEL PRODUCTION 3500 OTHER LIQUIDS According to the Oil and Gas Journal BRAZIL VS. VENEZUELA 3000 3750 (OGJ), Brazil has 12.9 billion barrels of 2500 CRUDE OIL CRUDE OIL Venezuela proven oil reserves in 2011, the 2000 2000 500 second-largest in South America after 1500 Brazil Venezuela. The offshore Campos and TOP FIVE SOUTH AMERICAN LIQUID PRODUCERS 1000 Santos Basins, located off of the country's 500 southeast coast, hold the vast majority of 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Brazil's proven reserves. In 2010, Brazil THOUSAND BARRELS PER DAY (AS OF 2010) produced 2.7 million barrels per day (bbl/d) of liquids, of which 75 percent was crude oil. Brazil's oil production has risen steadily in recent years, with the country's oil Rio de Janelro OCEAN | 2km production in 2010 about 150,000 bbl/d (6 percent) higher than in 2009. BM-S-11 BR 65% Based on its January 2011 Short-Term ARGENTINĂ (3 -0 Energy Outlook, EIA forecasts Brazilian oil production to reach 2.9 million bbl/d in POST SALT | 2km 2011 and 3.0 million bbl/d in 2012. Brazil's BM-S-10 BR 65% CRUDE OIL lara liquids consumption averaged 2.52 million 650 Parati OTHER LIQUIDS Tupi SALT | 3km bbl/d in 2009. As a result of this rising oil production and flat consumption growth, BM-S-8 BR 66% 800 OBem-te-vi BM-S-24 BR 80% Carioca, Guara Brazil became a net oil exporter in 2009 PRE SALT | 2km BM-S-21 BR 80% O Caramba BM-S-9 BR 45% Azulão BM-S-22 BR 20% South Hill PRE-SALT OIL Based on the U.S. Energy Information Administration Country Analysis Brief, Complete study here: http://www.seismicmicro.com/info/july2011 a creative communications company THOUSAND BARRELS PER DAY FORECAST OTHER LIQUIDS CRUDE OIL 2400 éia COUNTRY FOCUS 2100 BRAZIL VENEZUELA COLUMBIA DEVELOPED BY SMT & SOUTH HILL COMMUNICATIONS CRUDE OIL 750 ECUADOR LIQUID FUEL PRODUCTION 3500 OTHER LIQUIDS According to the Oil and Gas Journal BRAZIL VS. VENEZUELA 3000 3750 (OGJ), Brazil has 12.9 billion barrels of 2500 CRUDE OIL CRUDE OIL Venezuela proven oil reserves in 2011, the 2000 2000 500 second-largest in South America after 1500 Brazil Venezuela. The offshore Campos and TOP FIVE SOUTH AMERICAN LIQUID PRODUCERS 1000 Santos Basins, located off of the country's 500 southeast coast, hold the vast majority of 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Brazil's proven reserves. In 2010, Brazil THOUSAND BARRELS PER DAY (AS OF 2010) produced 2.7 million barrels per day (bbl/d) of liquids, of which 75 percent was crude oil. Brazil's oil production has risen steadily in recent years, with the country's oil Rio de Janelro OCEAN | 2km production in 2010 about 150,000 bbl/d (6 percent) higher than in 2009. BM-S-11 BR 65% Based on its January 2011 Short-Term ARGENTINĂ (3 -0 Energy Outlook, EIA forecasts Brazilian oil production to reach 2.9 million bbl/d in POST SALT | 2km 2011 and 3.0 million bbl/d in 2012. Brazil's BM-S-10 BR 65% CRUDE OIL lara liquids consumption averaged 2.52 million 650 Parati OTHER LIQUIDS Tupi SALT | 3km bbl/d in 2009. As a result of this rising oil production and flat consumption growth, BM-S-8 BR 66% 800 OBem-te-vi BM-S-24 BR 80% Carioca, Guara Brazil became a net oil exporter in 2009 PRE SALT | 2km BM-S-21 BR 80% O Caramba BM-S-9 BR 45% Azulão BM-S-22 BR 20% South Hill PRE-SALT OIL Based on the U.S. Energy Information Administration Country Analysis Brief, Complete study here: http://www.seismicmicro.com/info/july2011 a creative communications company THOUSAND BARRELS PER DAY FORECAST OTHER LIQUIDS CRUDE OIL 2400 éia COUNTRY FOCUS 2100 BRAZIL VENEZUELA COLUMBIA DEVELOPED BY SMT & SOUTH HILL COMMUNICATIONS CRUDE OIL 750 ECUADOR LIQUID FUEL PRODUCTION 3500 OTHER LIQUIDS According to the Oil and Gas Journal BRAZIL VS. VENEZUELA 3000 3750 (OGJ), Brazil has 12.9 billion barrels of 2500 CRUDE OIL CRUDE OIL Venezuela proven oil reserves in 2011, the 2000 2000 500 second-largest in South America after 1500 Brazil Venezuela. The offshore Campos and TOP FIVE SOUTH AMERICAN LIQUID PRODUCERS 1000 Santos Basins, located off of the country's 500 southeast coast, hold the vast majority of 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Brazil's proven reserves. In 2010, Brazil THOUSAND BARRELS PER DAY (AS OF 2010) produced 2.7 million barrels per day (bbl/d) of liquids, of which 75 percent was crude oil. Brazil's oil production has risen steadily in recent years, with the country's oil Rio de Janelro OCEAN | 2km production in 2010 about 150,000 bbl/d (6 percent) higher than in 2009. BM-S-11 BR 65% Based on its January 2011 Short-Term ARGENTINĂ (3 -0 Energy Outlook, EIA forecasts Brazilian oil production to reach 2.9 million bbl/d in POST SALT | 2km 2011 and 3.0 million bbl/d in 2012. Brazil's BM-S-10 BR 65% CRUDE OIL lara liquids consumption averaged 2.52 million 650 Parati OTHER LIQUIDS Tupi SALT | 3km bbl/d in 2009. As a result of this rising oil production and flat consumption growth, BM-S-8 BR 66% 800 OBem-te-vi BM-S-24 BR 80% Carioca, Guara Brazil became a net oil exporter in 2009 PRE SALT | 2km BM-S-21 BR 80% O Caramba BM-S-9 BR 45% Azulão BM-S-22 BR 20% South Hill PRE-SALT OIL Based on the U.S. Energy Information Administration Country Analysis Brief, Complete study here: http://www.seismicmicro.com/info/july2011 a creative communications company THOUSAND BARRELS PER DAY FORECAST OTHER LIQUIDS CRUDE OIL 2400 éia COUNTRY FOCUS 2100 BRAZIL VENEZUELA COLUMBIA DEVELOPED BY SMT & SOUTH HILL COMMUNICATIONS CRUDE OIL 750 ECUADOR LIQUID FUEL PRODUCTION 3500 OTHER LIQUIDS According to the Oil and Gas Journal BRAZIL VS. VENEZUELA 3000 3750 (OGJ), Brazil has 12.9 billion barrels of 2500 CRUDE OIL CRUDE OIL Venezuela proven oil reserves in 2011, the 2000 2000 500 second-largest in South America after 1500 Brazil Venezuela. The offshore Campos and TOP FIVE SOUTH AMERICAN LIQUID PRODUCERS 1000 Santos Basins, located off of the country's 500 southeast coast, hold the vast majority of 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Brazil's proven reserves. In 2010, Brazil THOUSAND BARRELS PER DAY (AS OF 2010) produced 2.7 million barrels per day (bbl/d) of liquids, of which 75 percent was crude oil. Brazil's oil production has risen steadily in recent years, with the country's oil Rio de Janelro OCEAN | 2km production in 2010 about 150,000 bbl/d (6 percent) higher than in 2009. BM-S-11 BR 65% Based on its January 2011 Short-Term ARGENTINĂ (3 -0 Energy Outlook, EIA forecasts Brazilian oil production to reach 2.9 million bbl/d in POST SALT | 2km 2011 and 3.0 million bbl/d in 2012. Brazil's BM-S-10 BR 65% CRUDE OIL lara liquids consumption averaged 2.52 million 650 Parati OTHER LIQUIDS Tupi SALT | 3km bbl/d in 2009. As a result of this rising oil production and flat consumption growth, BM-S-8 BR 66% 800 OBem-te-vi BM-S-24 BR 80% Carioca, Guara Brazil became a net oil exporter in 2009 PRE SALT | 2km BM-S-21 BR 80% O Caramba BM-S-9 BR 45% Azulão BM-S-22 BR 20% South Hill PRE-SALT OIL Based on the U.S. Energy Information Administration Country Analysis Brief, Complete study here: http://www.seismicmicro.com/info/july2011 a creative communications company THOUSAND BARRELS PER DAY FORECAST OTHER LIQUIDS CRUDE OIL 2400 éia COUNTRY FOCUS 2100 BRAZIL VENEZUELA COLUMBIA DEVELOPED BY SMT & SOUTH HILL COMMUNICATIONS CRUDE OIL 750 ECUADOR LIQUID FUEL PRODUCTION 3500 OTHER LIQUIDS According to the Oil and Gas Journal BRAZIL VS. VENEZUELA 3000 3750 (OGJ), Brazil has 12.9 billion barrels of 2500 CRUDE OIL CRUDE OIL Venezuela proven oil reserves in 2011, the 2000 2000 500 second-largest in South America after 1500 Brazil Venezuela. The offshore Campos and TOP FIVE SOUTH AMERICAN LIQUID PRODUCERS 1000 Santos Basins, located off of the country's 500 southeast coast, hold the vast majority of 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Brazil's proven reserves. In 2010, Brazil THOUSAND BARRELS PER DAY (AS OF 2010) produced 2.7 million barrels per day (bbl/d) of liquids, of which 75 percent was crude oil. Brazil's oil production has risen steadily in recent years, with the country's oil Rio de Janelro OCEAN | 2km production in 2010 about 150,000 bbl/d (6 percent) higher than in 2009. BM-S-11 BR 65% Based on its January 2011 Short-Term ARGENTINĂ (3 -0 Energy Outlook, EIA forecasts Brazilian oil production to reach 2.9 million bbl/d in POST SALT | 2km 2011 and 3.0 million bbl/d in 2012. Brazil's BM-S-10 BR 65% CRUDE OIL lara liquids consumption averaged 2.52 million 650 Parati OTHER LIQUIDS Tupi SALT | 3km bbl/d in 2009. As a result of this rising oil production and flat consumption growth, BM-S-8 BR 66% 800 OBem-te-vi BM-S-24 BR 80% Carioca, Guara Brazil became a net oil exporter in 2009 PRE SALT | 2km BM-S-21 BR 80% O Caramba BM-S-9 BR 45% Azulão BM-S-22 BR 20% South Hill PRE-SALT OIL Based on the U.S. Energy Information Administration Country Analysis Brief, Complete study here: http://www.seismicmicro.com/info/july2011 a creative communications company THOUSAND BARRELS PER DAY FORECAST