Vision of SPT S.A. .................

To become the company providing services and solutions with an added value, anticipating and meeting the needs of the upstream oil industry.

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Mission of SPT S.A.

SPT S.A. provides Mud Logging and Formation Evaluation Services, Information Technologies, Organic Geochemistry, and Geologic and Engineering Consulting.
Our mission is to have our clients benefit from out high quality services, open and flexible systems, and qualified professional personnel, transferring the advantages and benefits of the synergy derived from the available technologies.
Result: a better operational-functional structure and cost efficiency, on a mutually beneficial basis.

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BRIEF HISTORY:

SPT-Synergic Petroleum Technologies S.A. was founded in 1994 to provide Mud Logging and Formation Evaluation, Organic Geochemistry, and Information Management Services, and Geologic-Engineering Consulting.

The founding members had more than 18 years of experience as General Managers of Exlog and Baker Hughes Inteq in Latin America's Southern Cone. The increased activity in oil and gas exploration in Argentina during the 1990s firmly established SPT-Synergic Petroleum Technologies S.A in the oil field services industry.

Starting with only mud logging services, in a short time SPT SA expanded its activity to other services, successfully providing later different services such as Drilling Optimization, Pressure Evaluation, Organic Geochemistry, Surface Geochemical Prospecting, Reservoir Management, Special Projects, etc.

Today, SPT-Synergic Petroleum Technologies S.A. is recognized by its clients in the southern Latin American countries as having highly trained personnel who provide the best in geological and engineering assistance at the wellsite. This expertise has come about through the professional efforts by all personnel, as well as the use of state-of-the-art technologies at each level of service.

Our services To Quintana Minerals, Quintana Petroleum, Chevron San Jorge, Unocal, Hunt Oil, Pioneer Natural Resources, Chauvco Resources, Pan American Energy, Repsol-YPF, Rio Alto Exploration, Vintage Exploration, Sipetrol-Enap, Oilgener, Petrolera Santa Fe-Mobil, Mexpetrol, CAPSA, CGC, Pecom Energia, Pluspetrol, Capex; Roch, Necon, Gas Medanito, Petroquimica Comodoro Rivadavia, and other operators; some of them provided under the framework of long term associations, vertically integrated services and strategic alliances over the past seven years, will allow SPT-Synergic Petroleum Technologies S.A exceptional opportunities to promote other high technology services according to the mission of SPT S.A.

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Our reputation was enhanced:

- in 1995:
With the introduction of the "On Line" Drilling and Geological Information SPT System (based on Virtual Instrumentation).
Integrated Studies to improve well productivity
Surface Geochemical Prospecting studies which led to oil and -gas discoveries.

- in 1996:
Oil-Rock Correlation Projects. Hydrocarbons Generation modeling.
Formation Pore Pressure Evaluation.
Studies of Petroleum Systems Southern Basins.

- in 1997:
Introduction of Logging Services with "Dual Chromatography System" (high speed-high resolution "micro-gc" chromatograph).
Reservoir Management Seminars and Workshops through our Partner Company
VRMT Internatioal.

- in 1997 / 99:
Formation Damage studies, Well Productivity and Hydraulic Flow Units Identification and Characterization.
(VRMT Internatioal)

- in 1998:
Surface Geochemical Prospecting Studies.
Training Schools: Modeling of Hydrocarbon Generation, Seismic Stratigraphic Interpretation.

- in1999 / 2000:
Development of "Fluid Discriminating Models" for Mud Logging and Formation Evaluation.
Formation Damage, Well Productivity, Hydraulic Flow Units Identification and Characterization, Reserves Calculation, Simulation. (VRMT Internatioal)

- in 2001:
Introduction of the "Cuttings Volume Meter Tool"
Introduction of "Drill String Vibration Monitor - (DSVM)"
Introduction of "Online Data Communication / Transmission System - (DCTS)"
New Sensors Technology

PERSONNEL

SPT-Synergic Petroleum Technologies S.A. is owned, managed and operated by a team of Mud Logging Experts with extensive experience with major Oil and Gas Companies and International Service Corporations.

Field personnel (Professional Geologists and Engineers) was selected and trained through a specially designed system to ensure a highly trained and qualified team with incontrovertible authority in the field of specialization.

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People are in fact one of the main assets of the company and the key to recognized qualified services.

The sensitive issue of "Safety and Environment" is part of the SPT-Synergic Petroleum Technologies S.A. culture and work attitude, giving place to high standards and qualifications, with a Certified Professional staff exclusively dedicated to cover this area.

CONTACT DETAILS

Eric R. Bauer
President

E-mail: ebauer@inea.net.ar
Tel: 54 11 4328-5213
Fax: 54 11 4328-5212
Address: Carlos Pellegrini 331-4° A
(C1009ABG) Buenos Aires - Argentina

Geology - Engineering & Technical Support Department

Daniel Sagarra
Electronics engineer - Department of Engineering and Operations

E-mail: ingenieria@sptsa.com.ar

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Jorge H. Poncetta
Director

E-mail: spt@inea.com.ar
Tel: 54 11 4328-5211
Fax: 54 11 4328-5212
Address: Carlos Pellegrini 331-4° A
(C1009ABG) Buenos Aires - Argentina






Fabián A. Brea
Geologist - Operations

E-mail: info@sptsa.com.ar