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Operations - Estrella International Energy Services Ltd.

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Target Market ‐ Chile<br />

Niche Market for Remote<br />

<strong>Operations</strong><br />

• Country lacks sufficient domestic<br />

energy supply and is pushing on<br />

all fronts<br />

• Looking to diversify – driving<br />

growth in geothermal<br />

development in the high Andes<br />

• Challenging remote operations<br />

• Small oil and gas activity in south<br />

of country<br />

• Home to one of the worlds largest<br />

methanol plants – going wanting<br />

due to lack of Argentine gas<br />

supply<br />

• Most attractive fiscal and<br />

investment regime in the region<br />

Rig 1201 operating in the Andes<br />

buried in snow<br />

Drilling Rigs<br />

Operating<br />

Workover Rigs<br />

Operating<br />

Active Drilling<br />

Contractors<br />

4 3 3 + ENAP<br />

Source: Baker Hughes<br />

17

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