NuEnergy Gas Limited · ASX:NGY
NuEnergy Gas — Shareholder Meeting (November 2019)
20 slides from NuEnergy Gas's shareholder meeting presentation, Nov 15, 2019
Slide 1: Annual General Meeting
For personal use only ANNUAL GENERAL MEETING 15 November 2019 DELIVERING CLEAN ENERGY TO INDONESIA WWW.NUENERGYGAS.COM ASX I NGY
Slide 2: Disclaimer
Disclaimer For personal use only This presentation has been prepared by NuEnergy Gas Limited (“NGY” or the “Company”) and is being provided for the sole purpose of providing preliminary background financial, operational and other information to enable shareholders and/or prospective investors to rev
Slide 3: Table of Contents
Table of Contents For personal use only • About NuEnergy • Indonesia’s Energy Markets • Our Portfolio • July 2018 – November 2019 Company Highlights • Major Milestones 3
Slide 4: Corporate Overview
Corporate Overview For personal use only • NuEnergy Gas is an ASX Listed, Independent Clean Energy Company • Paid-Up Capital: AUD25 Million • Focused on Exploring & Producing Clean Energy in Indonesia • 4 Active Production Sharing Contracts (PSC) Covering 2278 km2 – Tanjung Enim/ Muara Enim/ Muara E
Slide 5: Experienced Board & Proven Leadership Team
Experienced Board & Proven Leadership Team For personal use only NuEnergy Gas has augmented an experienced board and proven leadership team with: • Vast experience of operating and commercializing unconventional gas and CBM projects • Deep technical knowledge and understanding of hydrocarbon geology
Slide 6: Core Values: Sustainability & Corporate Governance
Core Values: Sustainability & Corporate Governance For personal use only Building a sustainable upstream company by investing in: People + Environment + Community Engagement + CSR + Health, Safety & Security + Corporate Governance Sustainability is integral to our business and our every day actions.
Slide 7: Indonesia's Unconventional Gas Resources
Indonesia’s Unconventional Gas Resources For personal use only • We focus on Coal Bed Methane (CBM), an unconventional gas which is more environmentally friendly than coal as it is a clean-burning fuel and produces approximately 15-50% less GHG emissions. • 453 TCF: Resources estimate for all basins
Slide 8: Exciting Asset Portfolio With Investment Upside
Exciting Asset Portfolio With Investment Upside For personal use only Key Statistics Owner/Operator : NuEnergy Gas Limited Location : Indonesia (South Sumatera) Commodity : Unconventional Gas (Coal Bed Methane/CBM) Resources & Reserves OGIP : 9.691 Bcf Prospective : 2.194 Bcf (net to NuEnergy) 1C/2C
Slide 9: Exciting Asset Portfolio With Investment Upside
Exciting Asset Portfolio With Investment Upside For personal use only Key Statistics Owner/Operator : NuEnergy Gas Limited Location : Indonesia (South Sumatera) Commodity : Unconventional Gas (Coal Bed Methane/CBM) Resources & Reserves OGIP : 9.691 Bcf Prospective : 2.194 Bcf (net to NuEnergy) 1C/2C
Slide 10: Committed, World Class, National Partners
Committed, World Class, National Partners For personal use only Indonesia’s • We offer our shareholders a State-Owned unique opportunity to access South East Asia and gain exposure Oil Company to Indonesia’s fast moving and dynamic energy market Indonesia’s State-Owned • We are proud to be recognise
Slide 11: Focused Strategy on Value Creation Through CBM
Focused Strategy on Value Creation Through CBM For personal use only We hold 4 onshore PSCs in South Sumatra • Moving quickly from pre-development to production, monetizing their reserves, delivering shareholder return • We target shallow deposits so each asset can be developed quickly and at low-co
Slide 12: Indonesia Oil & Gas Industry
Indonesia Oil & Gas Industry For personal use only 12
Slide 13: Indonesia Oil & Gas Industry
Indonesia Oil & Gas Industry For personal use only 13
Slide 14: South Sumatra Assets
South Sumatra Assets Integrated Development Milestones For personal use only • 26 Wells drilled & existing cost recovery balance of US$45m • Well data from the 4 PSC demonstrate consistent reservoir properties • Key Reservoir Parameters – Total coal thickness > 40 meters with over 10 meters from a s
Slide 15: November 2018 – November 2019 Company Highlights
November 2018 – November 2019 Company Highlights For personal use only Significant Asset Derisking Continued progressing Tanjung Enim POD approval and milestones Secured further extension of Muralim PSC along with the amended and restated contract from PSC Cost Recovery to PSC Gross Split Subm
Slide 16: Tanjung Enim PSC: Progressing Towards Commercialisation
Tanjung Enim PSC Progressing Towards Commercialisation For personal use only Exploration & 13 Exploration and Appraisal wells completed with successful cost Appraisal, optimisation 2017 Received Reserve Certification from RPS for the Tanjung Enim 5 wells Pilot Resources Upgrade Production Prog
Slide 17: Tanjung Enim POD Development Scheme
Tanjung Enim POD Development Scheme For personal use only EXPLORATION • 13 Exploration wells have been drilled to prove the development potential in Area A & B. DEVELOPMENT PLAN (AREA A & B) • 33 Km2 or 15% of Tanjung Enim PSC • 164.89 Bcf of certified reserves • 209 wells in 48 clusters • Productio
Slide 18: Tanjung Enim POD Gas Infrastructure & Markets
Tanjung Enim POD Gas Infrastructure & Markets For personal use only A. Pertamina Gas Transmission Pipeline B. PGN South Sumatra to Java Transmission Pipeline C. Muara Enim City Gas Network D. Gunung Megang CCGT E. Potential Independent Power Producers around PLN’s 150kV power grid F. Potential Tanju
Slide 19: Tanjung Enim POD Negotiation & Approval Process
Tanjung Enim POD Negotiation & Approval Process For personal use only Submission of Gross Split Conversion to the Minister Approval from Partners (Pertamina & Bukit Asam) on Conversion to PSC Gross Split NGY Decision & Proposal to Partnership to Convert from PSC Cost Recovery to PSC Gross Split 9 8
Slide 20: Thank You
For personal use only Thank You Investor Relations +61 2 8076 7600 (Australia) +62 21 2986 6161 (Indonesia) ir@nuenergygas.com