Contact Energy Limited · NZX:CEN
Contact Energy — Corporate Update (May 2006)
6 slides from Contact Energy's corporate update, May 11, 2006
Slide 1: Origin Energy ASX cover note: Contact Energy Fuels Update Presentation
Origin energy To Company Announcements Office Facsimite 1300 300 021 Company Australian Stock Exchange Limited Date 11 May 2006 From Bill Hundy Pages 6 Subject CONTACT ENERGY FUELS UPDATE PRESENTATION Attached herewith is a copy of an announcement released to the New Zealand Stock Exchange by Contac
Slide 2: Contact Energy Fuels Update
Contact Energy Fuels Update 11 May 2006 S ConTacT
Slide 3: Disclaimer
Disclaimer This presentation may contain projections or forward looking statements regarding a variety of items. Such forward-looking statements are based upon current expectations and involve risks and uncertainties. Actual results may differ materially from those stated in any forward-looking stat
Slide 4: Future Gas Supply
The most important strategic issue facing Contact is the need to secure a reasonably priced, and flexible gas supply Future Gas Supply Contact Energy Gas Supply (@31 Dec 2005) ¢ To support its existing generation and retail business Contact expects to purchase about 50PJ/a. : Maui (ine ROFR) SheliOM
Slide 5: Maui legacy entitlements have provided flexibility at no additional cost
Contact’s Maui legacy entitlements have provided flexibility for no additional cost to the unit price of the gas. From June 2009 at the latest, this flexibility will require replacement. Flexibility Contact’s Maui legacy entitlements expire in June 2009. While the fixed component of Contact’s gas bo
Slide 6: Loss of Maui legacy gas flexibility to increase average gas cost
The loss of Maui legacy gas flexibility is expected to increase the average cost of gas per unit utilised Impact on Average Gas Cost Over the last few years observed gas contracts have had either high fixed cost components or high take or pay requirements. Assuming that these trends continue and no