Invictus Energy Limited · ASX:IVZ
Invictus Energy — Investor Presentation (March 2021)
18 slides from Invictus Energy's investor presentation, March 2021
Slide 1: Invictus Energy Ltd Investor Presentation
Invictus Energy Ltd (ASX: IVZ) Investor Presentation Scott Macmillan Managing Director 1 March 2021
Slide 2: First mover in the under-explored Cabora Bassa Basin, Zimbabwe
The first mover in the under-explored Cabora Bassa Basin, Zimbabwe, one of the last undrilled Oil & Gas basins in Africa Mzarabani Prospect is the largest undrilled conventional oil and gas prospect onshore Africa 8.2Tcf + 247 million barrels of conventional gas-condensate1 (~1.6 billion boe) indepe
Slide 3: Invictus Snapshot
2018 WA $60.5m ~$9.0m Market Cap Listed Headquartered Net Cash1 @$0.11 1Includes proceeds of placement Elephant scale Rapidly developing & High quality Significant Southern Invictus prospective Oil & Gas resource, with high supportive jurisdiction of Zimbabwe surrounding infrastructure African Energ
Slide 4: SG 4571 – Asset Overview
SG 4571 – Asset Overview Owner and operator of SG 4571 Cabora Bassa asset with first term of work program complete to August 2020 • $30m seismic, gravity aeromagnetic and geochemical dataset Local Operators generated by Mobil during 1990’s who moved away from the asset due to focus on oil (not gas)
Slide 5: SG 4571 – Mzarabani Prospect Stacked Targets
SG 4571 – Asset Overview Mzarabani Prospect – 5 Stacked Targets can be targeted from a single well. 200km2 under closure Msasa Lead 15km Mzarabani – Structural 4-way dip closure Dande: 0.4 Tcf Mzarabani Line 90MZIH-013 • • Forest: 1.6 Tcf Upper Angwa outline • Pebbly Arkose: 1.4 Tcf + 60 mmbbls • Up
Slide 6: History & Strategic Milestones
History & Strategic Milestones Invictus holds a clear pathway to continue towards development of the SG 4571 asset Cabora Bassa Project Mzarabani Prospect Cabora Bassa Project Conclude Petroleum High impact basin Acquired – largest Independent Prospective receives Priority Project Exploration Develo
Slide 7: Zimbabwe – Geopolitical Overview
Zimbabwe – Geopolitical Overview An overlooked jurisdiction for last 20 years due to political and economic instability, despite significant reforms • New government is pro-business, promoting foreign investment and has implemented investor friendly reforms • Mines Minister is a former resources ind
Slide 8: Strategic Location – Southern Africa's Energy Crisis
Strategic Location – Southern Africa’s Energy Crisis Southern Africa is facing an energy crisis with increasing shortages of electricity hampering industry and investment • Majority of power in the region is coal and hydroelectric • Southern African Power Pool (‘SAPP’) enables cross-border Legend el
Slide 9: Strategic Location – Major Downstream Markets
Strategic Location – Major Downstream Markets Multiple large scale power generation, mining, chemical processing & industrial downstream consumers within Southern Africa Market Major Southern African Markets • Gas to Power can be generated locally and excess Power DRC exported to neighbouring countr
Slide 10: Strategic Location – Multiple Routes to Market
Strategic Location – Multiple Routes to Market Multiple transportation routes to market across existing infrastructure Infrastructure Major Routes to Market • Twin Harare-Beira liquids pipeline (800km) and 1 Gas Pipeline connect to ROMPCO pipeline feeding Sasol Gas lines in Gauteng and industry • Co
Slide 11: Asset Comparison
Asset Comparison Invictus’ peers have delivered material re-ratings with assets exhibiting similar or lesser qualities to SG 4571 Project Comparison Reconnaissance Energy Africa (TSXV:RECO) Invictus (ASX:IVZ) Asset Locations Market Cap ($AUD) $533.2m $66.4m Project Location Namibia - Onshore Zimbabw
Slide 12: Reconnaissance Energy Africa Development
Reconnaissance Energy Africa Development ReconAfrica is following a near identical work program to Invictus & has achieved a material re-rating for shareholders Reconnaissance Energy Africa (TSXV:RECO)1 Market Capitalisation ($AUD) $700m Legend D Market Cap $586.4m N Newsflow Seismic Commences N T T
Slide 13: Invictus Investment Opportunity
Invictus Investment Opportunity First mover advantage Multiple offtake MOU’s Strategically positioned Government providing with SG 4571 exhibiting secured with blue-chip to supply into Southern supportive environment significant scale potential customers underpinning African market with for developm
Slide 14: Appendix
Appendix 14
Slide 15: Board & Management
Board & Management A highly experienced Board & Management team with a track record of developing leading Oil & Gas assets • +34 years in the Petroleum industry, having operated assets in 20 countries worldwide, including in +10 in African countries. Combines in-depth technical knowledge and a world
Slide 16: Corporate Overview
Corporate Overview Strongly aligned Board & Management, with significant equity positions on the IVZ register Invictus Energy Limited (ASX:IVZ) Capital Structure1 1Includes shares and options to be issued under placement Share Price $0.11 Shares on Issue (m) 550m Market Capitalisation1 $60.5m Option
Slide 17: Disclaimer
Disclaimer This document is for information purposes only. It is not a prospectus, disclosure document or offering document under Australian law or under any other law and does not constitute an offer or invitation to apply for securities. In particular, this document is not an offer of securities f
Slide 18: Contact
Contact: Scott Macmillan Managing Director E: info@invictusenergy.com P: +61 (8) 6102 5055 invictusenergy.com This presentation was approved for release by Scott Macmillan, Managing Director 18