Lion Energy Limited · ASX:LIO
Lion Energy — Excellence in Oil & Gas, Sydney 2014
15 slides from Lion Energy's conference presentation, Mar 18, 2014
Slide 1: Recapitalised, Reskilled, Repositioned
Recapitalised Reskilled For personal use only Repositioned Excellence in Oil & Gas, Sydney 12 March 2014
Slide 2: Important notice and disclaimer
Important notice and disclaimer Forward-looking statements For personal use only Certain statements contained in this presentation, including information as to the future financial or operating performance of Lion and its projects are forward-looking statements. Such forward-looking statements: • sh
Slide 3: Important notice and disclaimer (cont.) - Reserves & Resources
Important notice and disclaimer (cont.) Reserves & Resources, 1 Jan 2014 Gas/Associated Gas (BCF) Oil/Condensate (MMbbl) Method (Recoverable, net to Lion)1 For personal use only Reserves 1P 2P 3P 1P 2P 3P Total Reserves (Seram) 0.163 0.270 0.378 Deterministic Contingent Resources 1C 2C 3C 1C 2C 3C T
Slide 4: Company snapshot, Why Indonesia, Strategy, Strengths, Assets, Milestones
For personal use only Company Why Strategy snapshot Indonesia? Strengths Assets Milestones Recapitalised, reskilled & repositioned www.lionenergy.com.au 12 March 2014 4
Slide 5: Company Snapshot
COMPANY SNAPSHOT An emerging pioneer in Indonesian unconventional oil and gas For personal use only Restructuring Complete • Shares on issue: 95m • Market cap @20c: A$19 million • Cash: A$7.6 million • Revenue: ~A$2.2 million Major shareholders: • Risco Energy Investments (47%) • Tower Energy (14.4%
Slide 6: Why Invest in Indonesia?
WHY INVEST IN INDONESIA? A unique opportunity in SE Asia For personal use only • Worlds fourth-largest population (~250mm) Projected Indonesian Oil and Gas Supply Mboe/d and Demand Balance 6,000 Demand: • Fast-growing economy (GDP ~ 6%pa) with oil High-case and gas demand growing at > 5%pa 5,000 Mid
Slide 7: Clear Strategy
CLEAR STRATEGY The leading unconventional player in Indonesia For personal use only • Focus on Sumatra in areas with prospective geology, infrastructure and markets • The right mix of technical, commercial, operational and market skills • Indonesia’s attractive macro and industry environment • Build
Slide 8: Strengths
STRENGTHS The right mix of skills and expertise For personal use only Technical • Best-in-class team • Leveraging big company expertise with small company agility • Advisory panel (tapping US/international unconventional knowledge) Commercial • Risco team involved in deals >$1billion in past 10 yrs
Slide 9: Seram (Non-Bula) PSC (2.5%)
SERAM (NON-BULA) PSC (2.5%) Production with exploration and exploitation upside For personal use only • 2.5% interest - CITIC is operator, Kufpec and Gulf Petroleum as co-venturers • Annual net revenue of circa A$2.2 mill • Attractive fiscal terms and large sunk cost pool • Oseil Field: • Gross prod
Slide 10: South Block A PSC (35%)
SOUTH BLOCK A PSC (35%) Heartland position in prolific basin For personal use only • Exciting, underexplored block (1894km2) • Recent new play success including Matang 1 discovery in adjacent PSC, estimated by participant Premier Oil to be 100-400 bcf. • Current 170km seismic program: • Targeting le
Slide 11: Unconventional Claims Staked
UNCONVENTIONAL CLAIMS “STAKED” Four Joint Study Applications (JSAs) submitted For personal use only • Applications over 17,000km2: • If awarded, right to match bids on PSC North Sumatra Basin • In prolific Sumatran basins, ready access to infrastructure and markets • Shales with suitable properties,
Slide 12: Viable Unconventional Targets
VIABLE UNCONVENTIONAL TARGETS Prospective shales in Lion JSA areas Unconventional Targets in Lions's Area of Focus For personal use only Properties North Sumatra Central Sumatra Lower Baong Belumai Formation Bampo Shale Telisa Formation Brown Shale/Kelesa Rock Description Marine shale with carbonate
Slide 13: Milestones
MILESTONES An active program for 2014 with high impact potential For personal use only Recapitalised, reskilled & repositioned www.lionenergy.com.au 12 March 2014 13
Slide 14: Why Invest in Lion?
WHY INVEST IN LION? Early mover in Indonesia’s emerging unconventional business For personal use only • Management • Existing conventional assets • Priority rights via Joint Study Applications • Material upside potential • Attractive operating environment Russell Brimage Tom Soulsby Chris Newton Sam
Slide 15: Thank you
For personal use only Thank you For more information please contact: Kim Morrison Stuart Smith Chief Executive Officer Chief Financial Officer (Designate) kmorrison@lionenergy.com.au ssmith@lionenergy.com.au Office: +61 8 9211 1500 Indonesia: +62 811 460 395 Mobile: +61 404 490 964 Singapore: +65 98