Tlou Energy Ltd · ASX:TOU
Tlou Energy — Investor Presentation (July 2016)
20 slides from Tlou Energy's investor presentation, Jul 5, 2016
Slide 1: Gas to Power in Botswana
For personal use only Gas to Power in Botswana Investor Presentation Q3 2016
Slide 2: Disclaimer
DISCLAIMER For personal use only This presentation (Presentation) has been prepared by Tlou Energy Limited (Tlou). The Presentation and information contained in it is being provided to shareholders and investors for information purposes only. The information contained in this disclaimer does not con
Slide 3: Overview: Delivering gas-to-power via CBM in a market with huge demand
OVERVIEW Delivering gas-to-power via CBM in a market with huge demand For personal use only MARKET ASX / AIM • Huge market – chronic energy shortage locally & regionally EPIC TOU/ TLOU • High power price – replace expensive SHARES IN ISSUE 206M imported power and diesel generation • De-risked, the m
Slide 4: Strong Track Record
STRONG TRACK RECORD Led by an experienced team including a pioneer of CBM in Queensland For personal use only Anthony (Tony) Gilby • Geologist with >30 years industry experience • Co-founder of a number of CBM companies • Previous technical roles for ESSO & Exxon MD & CEO • Led takeover of Sunshine
Slide 5: Share Register
SHARE REGISTER For personal use only Shareholding 30% ASX - Retail, 29% 25% AIM, 22% HNW, 22% 20% Institutions, 18% 15% 10% Management, 9% 5% 0% ASX - Retail Institutions AIM HNW Management 5
Slide 6: Vision & Strategy
VISION & STRATEGY Long term vision to build a mid-tier energy provider in Southern Africa For personal use only In June 2016, Botswana’s Export Government power announced that Greenfield CBM is to be IPP 300MW included as part of the plan to deal Orapa with the country’s 90MW power deficiency 50MW G
Slide 7: Scalable MW Project - Key Steps
SCALABLE 50 MW PROJECT - KEY STEPS Plan to deliver first gas to market via the first phase of a scalable 50MW project For personal use only 7
Slide 8: Regional Power Dynamic
REGIONAL POWER DYNAMIC As Botswana’s reliance on non-firm imports and on-going diesel generation increases, For personal use only the support for domestic sources of energy is strong Southern African Development Community - Supply and Demand • Botswana’s demand to increase 37% to 1,017MW by 2025 • C
Slide 9: Gas to Power Plans in Botswana
GAS TO POWER PLANS IN BOTSWANA Lesedi is ideally located for access to supporting infrastructure For personal use only 9
Slide 10: Lesedi Project Map
LESEDI PROJECT MAP For personal use only Large licence area, significantly de-risked, Tlou operating since 2009 10
Slide 11: Lesedi in Numbers
LESEDI IN NUMBERS For personal use only Certified Resource Statement Certified Contingent Resource Unrisked Gross Unrisked Net OGIP(1) (100 Percent) (100 Percent) Category (BCF) Contingent Resources (SRK, 2015) (BCF) (BCF) 4.9 239 3,295 Low Estimate (1C) 7.6 4.9 4.9 BCF BCF BCF Best Estimate (2C) Hi
Slide 12: Proposed Market Opportunities
PROPOSED MARKET OPPORTUNITIES Multiple market opportunities – significant demand following successful commissioning For personal use only of 50MW plant Phase Market Opportunity Strategy 1 Transmission Scalable new 50MW Complete production testing and expand lines Grid-connected power Selemo pilo
Slide 13: EV Comparison - Table
EV COMPARISON - TABLE For personal use only 2P + 2C EV to Company Country Type Stage EV Resources 2P+2C US$m Bcf US$/Bcf Bowleven Cameroon Conventional Pre-development -25.1 336.4 0.00 Tlou Energy Botswana CBM Pre-development 10.2 239.1 0.04 Ophir Energy Tanzania Conventional Pre-development 340.6 6
Slide 14: EV Comparison - Graph
EV COMPARISON - GRAPH 1.20 For personal use only 1.00 EV/2P+2C resources (US$/Bcfe) 0.80 0.60 0.40 0.20 0.00 Bowleven Tlou Energy Ophir Great Seplat Victoria Oil Aminex Wentworth Green Energy Eastern Petroleum & Gas Resources Dragon Gas Energy Source: Brandon Hill Capital 14
Slide 15: Investment Case
INVESTMENT CASE Most advanced gas project in For personal use only Botswana Huge regional demand for Premium power power price Multiple Low cost Experienced market environment team opportunities 15
Slide 16: Contact
CONTACT Tlou Energy Limited For personal use only 210 Alice St Brisbane QLD 4000 Australia T:+61 7 3012 9793 Ground Floor, Victoria House 132 Independence Avenue Gaborone Botswana T:+267 316 0857 W:www.tlouenery.com E: info@tlouenergy.com ASX: TOU AIM: TLOU 16
Slide 17: Appendix
For personal use only APPENDIX 17
Slide 18: Coal Bed Methane (CBM)
COAL BED METHANE (CBM) • Chemically identical to other For personal use only sources of gas but is produced by non-conventional methods • Extracted from coal seams rather than sandstone reservoirs • Main component from natural gas is methane • Typically found at depths of 400m – 1,000m enabling lowe
Slide 19: Operating in Botswana
OPERATING IN BOTSWANA For personal use only Major power High deficiency in energy the region prices Attractive Large operating Extensive Stable Supportive mining and coal jurisdiction government industry to regulatory resources power regime 19
Slide 20: Gas to Power in Botswana
For personal use only Gas to Power in Botswana Investor Presentation Q3 2016