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The Venezuela Opportunity

  • The 2026 reform materially improves fiscal competitiveness
  • Government Take reduced from ~80 – 90% to ~50 – 60%
  • Shut-in production and infrastructure base enables rapid reactivation
  • Opportunity to rapidly unlock value through operational execution

Investment Decision Process
Plata Energy as partner of choice

  • Technical Advisory: Evaluating feasibility and risks
  • Commercial Advisory: Assessing market viabilityand profitability
  • M&A Advisory: Structuring and executingmergers and acquisitions
  • Opportunity Structuring: Organizing and refininginvestment plans
  • Execution: Implementing andmanaging investments

Plata Energy in Venezuela

  • 11 Professionals with top Venezuela expertise in operations, production and exploration
  • Major E&P operators experience with Repsol, Shell, Chevron and ENI in Venezuelan projects
  • Highly experienced in Oriente, Maracaibo, Faja Orinoco, and Offshore basins.
  • Proven results in Venezuela projects in heavy to light oil, EOR, gas and exploration

Venezuela Advisory Team

Real people, real experience

Max Torres

Founder & Managing Partner
Board Member

Houston

Geoscientist / MSc

Diego Diaz Baldasso

Senior Partner & Board Member

Houston

MSc / MBA / Mgmt Cons

Ivan Terez

Houston

Pet Eng / PhD Geosciences / MBA

Daniel Verdala

Caracas

Business Adm – Econ & Fin – Accounting / MSc

Kenneth Kibodeaux

Houston

Petroleum Engineer / PhD

Manuel Pagá Castellanos

Madrid

Facilities ENG/ MSC

Sebastián Leoni

Buenos Aires

CHEMICAL ENG / MSC RESERVOIR ENGINEERING

José Foucault

Houston – Buenos Aires

Geoscientist / MSC

Diego Mur

Houston

INDUSTRIAL ENG / MBA

Myriam Juritz

Seattle

Chem Eng / Dr Pet Eng / Mgmt Cons

John Londoño

Bogota

GEOSCIENTIST /PHD

Joselin Hernandez García

Madrid

Senior Geologist / Geoscientist

Libia Landaeta

Bogotá

Petrophycisist

Jacques De Bruijn

Netherlands

Chemical Eng / MSc / MBA

Carlos Vargas

Bogotá

Petroleum Engineer

Plata Energy Team

Real experience to make a difference

  • Orinoco Heavy Oil Belt: Hamaca / Ameriven, Junin 5, Carabobo 5, 3 North and 2 South (PetroIndependencia) and PetroCedeno (ex Sincor), Carabobo (PetroCarabobo)
  • Monagas and Oriente basin: PetroQuiriquire gas and condensate
    Tropical development, Quiriquire Shallow heavy oil, Quiamare, Tacata fields, El Furrial, Yucal Placer and Corozo fields
  • Maracaibo basin: Mene Grande, Barua Motatan, La Ceiba and Centro de Lago.
  • Barinas: Sipororo gas field, Barrancas gas field
  • Golfo de Paria: Corocoro field
  • Offshore: Golfo de Venezuela: Perla gas field discovery and development and start up production. Rio Caribe development concepts, Plataforma Deltana exploration and development concepts.
  • Infrastructure Projects: Puerto La Cruz Refinery, El Palito Refinery, Compression Plant Tia Juana II in Lake Maracaibo. Gas transportation from Cocuina, Loran and Tajali offshore platforms concepts