Slide 1: Investor Webinar ASX Announcement
ASX ANNOUNCEMENT ASX : EXR ____________________________ 22 April 2024 INVESTOR WEBINAR For personal use only Elixir Energy Ltd. (ASX:EXR) (“EXR” or the Company) is pleased to invite shareholders to attend an investor webinar on The Watchlist, to be held on Tuesday 23rd April 2024, 12:00pm AEST/ 10:0
Slide 2: Investor Webinar Presentation
For personal use only Investor Webninar Presentation 23 April 2024 ASX:EXR
Slide 3: Gas - Macro Overview
For personal use only Gas - Macro Overview 1. 2. 3. The desired energy LNG demand forecast East Coast Australia transition is very hard to rise gas supply crisis • A wide variety of challenges – • Multiple industry and • The long recognised supply physical, economic and Government parties crunch is
Slide 4: The Taroom Trough – An Advantaged Location
The Taroom Trough – An Advantaged Location The prolific Bowen Basin is now set to deliver another energy source • The Grandis Gas Project is very well For personal use only located in the Taroom Trough in the Southern Bowen Basin • Australia’s premier physical and commercial gas hub – Wallumbilla –
Slide 5: Gladstone LNG Plants Have Growing Ullage
Gladstone LNG Plants Have Growing Ullage The 3 LNG Plants at Gladstone need more gas For personal use only • The three LNG plants (6 trains in total) at Gladstone have never operated at full capacity (and well constructed LNG plants should generally operate above nameplate capacity) • Current suppli
Slide 6: An Emerging Energy Super Basin
An Emerging Energy Super Basin The Taroom can be seen as an emerging Energy Super Basin For personal use only • Wood Mackenzie’s Energy Super Basin concept: – ”The future is upstream co-located with low carbon” – “These are basins with the co-location of upstream hydrocarbons, clean electricity, sta
Slide 7: Material and Growing Energy Infrastructure
Material and Growing Energy Infrastructure The Taroom Trough is adjacent to substantial and growing energy infrastructure For personal use only • New energy sources always benefit from adjacency to existing energy infrastructure – brownfields economics apply • The region has a substantial existing g
Slide 8: Attractive to Large Sources of Capital
Attractive to Large Sources of Capital Securing material capital for gas development needs to pass through multiple gates For personal use only • The Taroom Trough is a favourable location for such large companies: 01 Brownfields – many majors, large LNG buyers, etc, are 02 Low emissions profile – t
Slide 9: Multiple Operator Activity
Multiple Operator Activity Home to several majors, the Taroom Trough hosts material discovered and potential gas resources For personal use only • Shell: Currently drilling. “The estimate of recoverable hydrocarbons in this reservoir across ATP 645 in the area covered by PCA 1 (305), on an unrisked
Slide 10: Daydream-2 – Multiple Objectives
Daydream-2 – Multiple Objectives Daydream-2’s multiple objectives are centred around de-risking and value creation For personal use only Target of >500 metres of gross vertical interval of prospective reservoirs 1. Permeable Sandstones Stimulation program to cover primary targets: 2. Tight Sandstone
Slide 11: Daydream-2 Delivers a Welcome Surprise
Daydream-2 Delivers a Welcome Surprise Daydream-2 discovered a first in the Taroom Trough – a free flowing deep permeable formation * For personal use only • Drilled to total depth of 4,300 metres (14,108 feet) • Well drilled safely and under budget ATP 2044 Straightened • Gross interval of 607 metr
Slide 12: Lab Results Deliver More Upside
Lab Results Deliver More Upside Lab results reported in recent results suggest Perth & Cooper Basin analogues * For personal use only • Significant over-pressure confirmed – 9,400 psia in deep permeable zone • Analysis of cuttings samples from the deep permeable sand interval has identified clay ATP
Slide 13: Impressive Initial Flow Test Results
Impressive Initial Flow Test Results Successful Lorelle Sandstone flow testing * For personal use only • Conducted after a successful suite of DFITs • 2 stage flow test over permeable zone from 4,200 - 4,217 metres • Maximum Rate 2.3 MMSCFPD • Stabilized Rate 1.3 MMSCFPD • Gas was dry without indica
Slide 14: A New Play is Being Proven
For personal use only A New Play is Being Proven At 4,200 metres this is the deepest sustained natural flow of gas in Queensland and may herald the start of a whole new- and material - gas play in Australia
Slide 15: Daydream-2 Lorelle Sandstone Flow Testing
Daydream-2 Lorelle Sandstone Flow Testing* Gas Rate Water Rate For personal use only 2nd Flow Period 1st Flow Period Max. Rate: Unloading 2.3 MMCFPD completion Max. Rate: 1.8 MMCFPD Stab. Rate: fluid 1.3 MMCFPD Stab. Rate: 1.3 MMCFPD Increasing flow rate Unloading completion fluid 1st Flow Period 1s
Slide 16: Project Timeline – Delivering Upon Objectives
Project Timeline – Delivering Upon Objectives 2024 For personal use only Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Post Drill Analysis 1 2 3 3 Injectivity & Pre-Stimulation 4 5 Testing Stimulation Planning 6 Lorelle Sst Flow Test 7 Stimulation, Completion & 8 9 Production Testing 1 Compilation
Slide 17: Summary
For personal use only Summary The World needs more gas for The East Coast has strong The Taroom Trough is longer – LNG markets are pricing, a growing supply exceptionally well located on growing gap – and LNG ullage multiple fronts Growing need for energy The Taroom Trough is Early success with stab
Slide 18: Important Notice & Disclaimer
For personal use only Important Notice & Disclaimer 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 19: 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 ASX:EXR