Po Valley Energy Limited · ASX:PVE
Po Valley Energy — Investor Presentation (February 2023)
13 slides from Po Valley Energy's investor presentation, Feb 8, 2023
Slide 1: Investor Presentation: Imminent Gas Producer
For personal use only Investor Presentation Imminent Gas Producer 8 February 2023 - Reach Markets 1
Slide 2: Important notices and disclaimer
Important notices and disclaimer For personal use only DISCLAIMER This presentation is for informational purpose only and does not constitute an offer to sell and should not be considered as an invitation or recommendation to purchase securities in Po Valley Energy Limited. Such Offer can be made on
Slide 3: Company overview
Company overview For personal use only Po Valley Energy (ASX: PVE) is an Key Licences in Italy emerging gas producer with over 1. Selva Mavezzi Teodorico 20 years experience and a portfolio Production Concession Offshore gas | Development of natural gas fields in northern 2. Teodorico • • 100% owned
Slide 4: Corporate snapshot
Corporate snapshot For personal use only An Italian focused, oil & gas exploration and development company with gas assets under development for first gas in 1H 2023 Company Overview and Balance Sheet Board of Directors Share price (Close at 3 Feb 2023) A$0.097 Kevin Bailey AM Chairman Market Cap (3
Slide 5: Favourable market and regulatory environment
1: Favourable market and regulatory environment For personal use only Prior to the Ukraine War, Italy imported ~90% of its natural gas • supply1 and currently has no nuclear capability and 2 Italy imported 92% of Russia operational coal plants. 20% of Italy’s energy is from gas consumption renewable
Slide 6: Portfolio of Development Ready and Exploration Assets
2: Portfolio of Development Ready and Exploration Assets For personal use only Suite of Italian gas assets, offering both nearer term development and longer-term appraisal/exploration upside A pipeline of development and exploration opportunities at its five licenses in Italy. The principal licences
Slide 7: Revitalised Team are Delivering
3: Revitalised Team are Delivering For personal use only The revitalised Board and Management team are delivering the Podere Maiar 1 well on schedule 2021 Grant of Environmental Approvals ✓ Accelerated regulatory approvals ✓ 2022 Award of production concession at Selva Malvezzi concession ✓ Begin co
Slide 8: First Development - Selva Malvezzi – Podere Maiar well (PM-1)
A: First Development - Selva Malvezzi – Podere Maiar 1 well (PM-1) For personal use only Primed to supply gas at low cost into the attractively priced Italian domestic gas market • Onshore gas development asset located in the eastern part of the Po Plain, Italy • Final production concession received
Slide 9: PM-1 Low Cost Gas Supply – and similar follow up opportunities
B: PM-1 Low Cost Gas Supply – and similar follow up opportunities For personal use only Selva is a repeatable and proven low-cost gas play. PM-1 is well number 25 with the potential for North, South and East to follow in accordance with PVE’s G&G program Key CGG CPR1 results • PM-1 Capital expenditu
Slide 10: Additional Development Ready and Exploration Assets - Reserves and Resources
C: Additional Development Ready and Exploration Assets - Reserves and Resources* For personal use only Gas (net Bcf) Reserves Contingent Resources Prospective Resources Licence Project 1P 2P 3P 1C 2C 3C Low Best High AR94PY Teodorico 27 37 48 Teodorico 7.4 10.6 14.0 PL3-C 7.9 15.9 25.0 Selva Malvezz
Slide 11: Major activity timeline
Major activity timeline For personal use only Quarter Mar 23 Jun 23 Sep 23 Dec 23 Mar 24 Jun 24 Sept 24 Dec 24 2025+ PM-1 Construction PM-1 First Gas G&G Studies (preliminary) Selva North, South, East Ministry Authorization for drilling Selva North, South, East Selva North & South drilling (est.) Se
Slide 12: Investment summary
Investment summary For personal use only Strongly positioned Selva Development – Growth Portfolio Exploration partnership Construction near with development and opportunities across with a highly completion– first gas exploration upside assets including asset experienced production expected in poten
Slide 13: Contact Us
For personal use only CONTACT US Po Valley Energy Ltd Kevin Bailey AM Chairman +61 (0) 417 556 458 Chairman@povalley.com Suite 8, 7 The Esplanade Mt Pleasant, WA 6153 Australia www.povalley.com info@povalley.com 13
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