Top End Energy Limited · ASX:TEE
Top End Energy — Merger or Acquisition (April 2024)
16 slides from Top End Energy's merger presentation, Apr 10, 2024
Slide 1: Leading Australia into a Low-Carbon Energy Future
LEADING AUSTRALIA INTO A LOW-CARBON ENERGY FUTURE STRATEGIC ACQUISITION OF GRANTED NORTHERN TERRITORY ACREAGE APRIL 2024
Slide 2: Disclaimer
DISCLAIMER This presentation is for the sole purpose of preliminary background information to enable recipients to review the business activities of Top End Energy Limited (Australian Company Number 650 478 774) (the Company). This presentation is not a prospectus and does not constitute an invitati
Slide 3: Investment Highlights
INVESTMENT NEAR TERM ACTIVITIES SET TO MATURE HIGH UPSIDE EXPLORATION POTENTIAL IN KEY HIGHLIGHTS ONSHORE BASINS 1. 2. 3. MULTIPLE MULTIPLE TARGET COMPELLING MACRO INDEPENDENT END PRODUCTS FOR ENVIRONMENT FOR ONSHORE BASIN TODAY AND THE GROWTH AND EXPLORATION AREAS FUTURE CAPITAL INVESTMENT STRATEGI
Slide 4: Agreement to Acquire Granted Northern Territory Permits
(1) AGREEMENT TO ACQUIRE GRANTED NORTHERN TERRITORY PERMITS TWO PROVEN BASINS WITH MULTIPLE PLAY POTENTIAL Beetaloo Basin P margin/flank play Consistent with strategic and technical focus on basin margin play opportunities targeting natural Hydrogen and Helium with complimentary hydrocarbon potentia
Slide 5: Beetaloo Basin Margin/Flank Play
A BEETALOO BASIN MARGIN/FLANK PLAY MULTIPLE PLAY POTENTIAL ON NORTHERN FLANK OF BEETALOO SUB-BASIN 1 Natural Gas Potential • Underexplored extension of Beetaloo unconventional gas play to north of the sub-basin: ~2,800km² of identified play fairway • Velkerri and Kyalla Shales present in historical
Slide 6: Frontier South Nicholson Basin Play
B FRONTIER SOUTH NICHOLSON BASIN PLAY SIGNIFICANT GAS PROSPECTIVITY IN PROXIMITY TO PIPELINE INFRASTRUCTURE 1• Underexplored permit in proven hydrocarbon basin with potential ties to the Proterozoic shale plays of the Lawn Hill Platform and the Beetaloo Sub-basin Velkerri • Santos is the only other
Slide 7: Active Natural Gas, Hydrogen and Helium Exploration and Development Focus
ACTIVE NATURAL GAS, 1 HYDROGEN AND HELIUM 2 EXPLORATION AND 3 4 DEVELOPMENT FOCUS UNLOCKING CRITICAL PRODUCTS TO DRIVE 1. MCARTHUR BASIN THE ENERGY TRANSITION One of Australia’s most active gas exploration regions containing the Beetaloo sub-basin 2. SOUTH NICHOLSON BASIN Underexplored natural hydro
Slide 8: Portfolio Snapshot
PORTFOLIO SNAPSHOT CONCENTRATING CAPITAL TO MAXIMISE VALUE CREATION POTENTIAL 1 McArthur Priority Focus EP 154 / EP 155 (NT) • AGG acquisition planned post transaction completion (currently engaging contractor) • Soil gas sampling and 2D seismic to follow 1 1 McArthur Medium-term Focus EP 258 (NT) •
Slide 9: Near-Term Workflow to Focus on NT
NEAR-TERM WORKFLOW TO FOCUS ON NT INDICATIVE WORKSTREAMS FOCUSED ON MATURING DRILLING TARGETS Key activity Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 1 Hancock transaction completion - target 1 AGG over EP 153 and 154 1 Soil gas sampling on EP 153 and 154 1 2D seismic acquisition on EP 153 and
Slide 10: Well Funded for Target Generation Activities
WELL FUNDED FOR TARGET GENERATION ACTIVITIES WITH ATTRACTIVE UPSIDE POTENTIAL TO CURRENT VALUATION Capital structure Register detail1 Share price1 A$0.12/share TOP 20 Original NT asset vendor Shares on issue1 87.03M 51% 35% 49% Board and management 59% Market capitalisation (undiluted)1 A$10.4M Othe
Slide 11: Dynamic Corporate Strategy
DYNAMIC CORPORATE STRATEGY DELIVERING REAL VALUE ACCRETION AND PORTFOLIO GROWTH INNOVATE EXPLORE GROW EXISTING, INDEPENDENT STRATEGIC, HIGH POTENTIAL HIGH-IMPACT OPPORTUNISTIC ASSET BASE DRILLING EVENTS M&A Apply leading-edge Identify and Take advantage of strategic technology to identify and commer
Slide 12: Highly Driven Leadership Team
HIGHLY DRIVEN LEADERSHIP TEAM DEEP EXPLORATION, DEVELOPMENT AND MARKET EXPERTISE EMMANUEL OLIVER DR MIKE RICHARD MARSHALL CORREIA OXENBRIDGE FISCHER LAMPE HOOD MANAGING NON-EXECUTIVE NON-EXECUTIVE EXPLORATION CHAIR DIRECTOR DIRECTOR DIRECTOR MANAGER • Over 25 years’ public company and • Over 12 year
Slide 13: Enquiries
Enquiries info@topendenergy.com.au
Slide 14: Natural Gas is Critical for a Clean Energy Transition
NATURAL GAS IS CRITICAL FOR A CLEAN ENERGY TRANSITION LONG-TERM GLOBAL LIQUID NATURAL GAS (LNG) MARKET DEFECIT FORECAST AUSTRALIAN EAST COAST OUTLOOK GLOBAL LNG SUPPLY VS DEMAND FORECAST (PJ/annum)(1) (MTPA)(2) 2500 800 700 2000 NATURAL 600 GAS 500 1500 400 While the global LNG 1000 East coast deman
Slide 15: High Value Helium Gas
HIGH VALUE HELIUM GAS ESSENTIAL FOR CURRENT AND FUTURE TECHNOLOGIES FORECAST SUPPLY BY COUNTRY 2025 (%) Estimated He 8% 1% 2% US and Canada Qatar US$5 billion market Russia 26% 36% Algeria Poland enabling US$ trillions in HELIUM South Africa economic activity GAS 27% Supply concentrated to A vital r
Slide 16: Natural Hydrogen for a Clean Energy Future
NATURAL HYDROGEN FOR A CLEAN ENERGY FUTURE MAJOR EMERGING FUEL SOURCE TO SUPPORT THE ENERGY TRANSITION GLOBAL HYDROGEN DEMAND BY SECTOR (Mt)1 H 527 Investments in Demand 31 Hydrogen could reach of >500Mtpa expected in a 102 US$280 billion by NATURAL HYDROGEN net zero emissions target 2030 scenario w