Elixir Energy Limited · ASX:EXR
Elixir Energy — Good Oil Conference 2022
25 slides from Elixir Energy's conference presentation, Sep 6, 2022
Slide 1: Good Oil Conference Presentation
For personal use only Good Oil Conference Presentation 6 September 2022 ASX:EXR
Slide 2: The Company
For personal use only 1. The Company 2
Slide 3: Company Overview
Company Overview For personal use only Nomgon GBM Project - Hydrogen Project - Gas Project - Mongolia Mongolia Queensland • 100% owned CSG project • Partnering with SB Energy • 100% owned gas project • Excellent location next to • Proximity to market the key • Can access domestic and China for H2 su
Slide 4: Capital Structure / Board
Capital Structure / Board Highly experienced team Richard Cottee For personal use only Non-Executive Chairman Capital Structure Current (pre-raise) Former Managing Director of CSG focused Queensland Gas Corporation (QGC), taking it from market cap of $20M to $5.7B No of Shares 912M Other former CEO
Slide 5: Nomgon CBM PSC
For personal use only 2. Nomgon CBM PSC 5
Slide 6: CBM Asset Overview
CBM Asset Overview Elixir’s foundation asset is its 100% owned For personal use only Nomgon IX Coal Bed Methane (CBM*) Production Sharing Contract (PSC) project in the South Gobi region of Mongolia Highly experienced CSG team – first mover in taking Australia’s leading skills to Mongolia Located on
Slide 7: 2022 Exploration/Appraisal Program
For personal use only 2022 Exploration/Appraisal Program Wells • 2 Pilot Production Wells and extended production test • ~22 Exploration & Appraisal Wells • 1 short term pilot production test Seismic • 322 km 2D • Seismic re-interpretation Commercial • Progressing gas fired generation project with G
Slide 8: Extended Pilot Production Test
For personal use only Extended Pilot Production Test Aim • Dewater coals and flow gas from the Nomgon CBM discovery • Provide proof of concept for commercial development Wells • 2 production wells 100m apart • Depth to coal ~450m • Pressure monitoring wells 110 Schematic of Pilot and 400m along stri
Slide 9: Gobi H2
For personal use only 3. Gobi H2 9
Slide 10: Gobi H2 Project
Gobi H2 Project • Mongolia combines: MOU with Govt For personal use only • Exceptional renewable resources • A H2 market that can be Pilot feasibility reached by pipeline not boat study underway • These advantages make Gobi H2 a potential globally Tier Targeting Chinese One green hydrogen export ste
Slide 11: An advantageous location for H2 production
For personal use only An advantageous location for H2 production Large steel mills 11
Slide 12: Hydrogen Delivery Costs
Hydrogen Delivery Costs • Around 2/3 of the cost of Cost of gas-to-gas hydrogen transportation, including conversion and reconversion - 2030s For personal use only producing green H2 are For hydrogen production of ~15PJ/year the cost of renewables • Shipping H2 by boat costs multiples (~$20/GJ) of s
Slide 13: MOU with SB Energy
MOU with SB Energy For personal use only • Elixir is a small (but nimble) ASX listed company that has been developing the Gobi H2 project – the first of its kind in Mongolia • Elixir recently signed a MOU with SB Energy (SBE) – a wholly owned subsidiary of Japan’s SoftBank Group – under which both p
Slide 14: Taroom Trough - ATP 2044
4. For personal use only Taroom Trough - ATP 2044 14
Slide 15: Regional Location
Regional Location Area of 1,000 km2 For personal use only located approximately 35km away from critical gas transmission infrastructure Connected to international markets Spot price of A$19/GJ Primary objectives are Permian aged sandstones and coals, with a globally relevant prospective gas resource
Slide 16: Adjacent to existing and proposed pipelines
Adjacent to existing and proposed pipelines For personal use only
Slide 17: ESG Friendly (for investors and industry players)
ESG Friendly (for investors and industry players) For personal use only “It is true that we have to replace • Gas from this project can reach world Russian oil and gas… markets quickly via Gladstone ..This can be done with the existing • The Taroom Trough contains oil and gas resources in the world…
Slide 18: Existing Gas Flows
Existing Gas Flows • Previous drilling by BG Group (now Shell) at For personal use only Daydream-1 proved BCG play concept, ~3 km west of permit ATP 2044 • Well flowed an instantaneous rate of 3.5 1,000 km2 MMcfpd from an interval covering 1/10th of the gross prospective reservoir section Gas flow o
Slide 19: Material Prospective Resources
Material Prospective Resources For personal use only Notes to Table: 1. Prospective Resources are those estimated quantities of petroleum that may potentially be recovered by the application of a future development project(s) related to undiscovered accumulations. These estimates have both an associ
Slide 20: In Summary
In Summary ✓ Large scale gas asset with access to local For personal use only and international gas markets ✓ Considerable in-house expertise of play and region ✓ Perfect timing to mature another gas play given the current global energy market dynamics ✓ International and Australian majors An addres
Slide 21: Conclusion
For personal use only 5. Conclusion 21
Slide 22: Corporate Highlights
For personal use only Corporate Highlights First mover CSG company Expanding program again Very strong balance sheet and in Mongolia – now a in 2022 – growing and de- 100% asset ownership provides growing industry attracting risking resources through a maximum strategic optionality wider interest ~2
Slide 23: Important Notice & Disclaimer
Important Notice & Disclaimer For personal use only This document has been prepared by Elixir Energy Limited (ABN 51 108 230 995) (“Elixir”) in connection with providing an overview of its business to interested analysts/investors. This presentation is being provided for the sole purpose of providin
Slide 24: Appendix
Appendix Methodology: For personal use only The estimate of Prospective Resource was compiled by Elixir’s Chief Geoscientist, Mr Greg Channon, who has completed a detailed and formal report on the prospective resources in ATP 2044. The work was undertaken in accordance with the Society of Petroleum
Slide 25: Investors & Media
INVESTORS & MEDIA For personal use only Neil Young Managing Director info@elixirenergy.com.au Phone +61 8 7079 5610 www.elixirenergy.com.au www.elixirenergy.com.au