Petro Inti Venture

Oil Exploration Venture in South America

Prime South American Oil Prospect VENTURE CAPITAL: US $5.5 million
SCOPE: South America, giant oil discoveries in the Sub-Andean Arch are progressing towards this prospect, which is stepped out from an existing oil field.

PetroInti
13 Charlottetown Place
St. John's, Newfoundland
A1A 2P5

FAX: 1 (709) REX-LIMA

Neighbouring an existing oil field is a giant complex of structures which should recover over 500,000,000 barrels of oil. A conventional well to the upper reservoirs and a slimhole extended to the deepest targets would cost no more than 5.5 million dollars. The first well would pay for itself within two months and the oil field would finance its' own development! Any questions regarding this analysis should be addressed to PetroInti..

The highest return on risk investment in the world today, comes from reasonable drilling cost, very low development cost and very high after tax returns.

Dear Venture Capitalist

I have spent the last 12 years in Houston exploring for petroleum. From all that work I have come across a single optimally lucrative prospect. The frontier exploration group of the major oil company I worked for is extremely prejudiced against South America after being nationalized in Argentina and frustrated with slow progress and environmental opposition to their Ecuador Amazon "Oriente" basin discoveries. After we reach a satisfactory agreement, I would like to show you a prospect with 500 million barrels of oil waiting to be discovered in the Amazon basin.

When I say it is most prospective, I cannot possibly describe how confident I am of the awaiting oil discovery. The geologists could hardly contain their excitement when they stumbled upon this prospect and it is still discussed with excited whispers and apprehension. Aside from all the supporting geochemistry, logic tells you that the structures must be filled with petroleum. There is an extremely shallow oil field that never entered the oil window - the oil must have been generated downdip in the "oil generation window" and have floated updip to the field. Fortunately between the area of oil generation and the shallow field there lies a string of structures which must fill and spill before oil can reach the shallow oil field. Further proof may be seen in the oil seeping out of the ground from a fault between the structures and the shallow oil field.

I wish to further demonstrate how the first well (costing from US$1.9 to $5.5 million) will rapidly pay for the next, and they for the next two, etc. until all 30 development wells are online. Although reservoir and economic circumstances may vary, the exportable profits range from $640 million from the least desirable reservoir conditions at $15/barrel, to 3,928 million at $25/barrel of oil at the most desirable single reservoir conditions. This excludes profit from gas sales.

There follows
1) a risk averaged twenty year projected income statement,
2) tables of the reservoirs� risk and profitability at various prices,
3) a 3D map of a reservoir,
4) a seismic section showing the structures' slope and oil seeping fault, above a sanitized time contour map,
5) a colour schematic cross section to better illustrate the target,
6) a colour geology map of South America, and
7) two well cost schedules.
I trust this shall suffice to entice legitimate explorers to sign a confidentiallity agreement to see the exploration survey.

8) Documents detailing costly difficulties of operating from the USA.

World Map

Projected Income