Galilee Energy Limited · ASX:GLL
Galilee Energy — RIU Good Oil & Gas Energy Conference 2022
19 slides from Galilee Energy's conference presentation, Sep 6, 2022
Slide 1: RIU Good Oil & Gas Energy Conference Presentation
For personal use only RIU Good Oil & Gas Energy Conference Presentation David Casey Managing Director & CEO 6th & 7th Sept. 2022 ASX: GLL
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer Not an Offer or Financial Product Advice For personal use only This Presentation is provided for information purposes only and is not a disclosure document as defined under the Any forward‐looking statements, opinions and estimates provided in this Presentation necess
Slide 3: Corporate Snapshot
Corporate Snapshot Corporate structure (ASX:GLL) Share Price & Volume For personal use only as at 6th September 2022 12 months 339m $0.35 Shares on issue Share price (@ 6th Sep 2022) $119m $16m Market Cap Cash (30 June 2022) No debt Board & Management Ray Shorrocks | Non-Executive Chairman David Cas
Slide 4: The Prize…
For personal use only The Prize… Building a Multi-TCF Fully Integrated Energy Company galilee-energy.com.au | 4
Slide 5: Investment Highlights
Investment Highlights The size of the prize, its location and gas market thematics make GLL a compelling investment opportunity For personal use only Pathway to Significant Multi-TCF Gas Massive Structural Number of Upside New Experienced Development Resource Tailwinds Opportunities Management Team
Slide 6: The History…
For personal use only The History… A long, well travelled road galilee-energy.com.au | 6
Slide 7: Background
Background Capitalising on over $100m of previous exploration For personal use only & appraisal expenditure at Glenaras • 3 multi-well production pilots • Rodney Creek vertical 5-spot; • Over 700km of 2D seismic • Glenaras vertical 5-spot; • Fully reprocessed to contemporary seismic quality standard
Slide 8: Glenaras Pilot
Glenaras Pilot For personal use only Glenaras Pilot Field …and the end result is the largest pilot of its type targeting one of the largest uncontracted gas resources on the east coast | 8
Slide 9: Production History
Production History Phase 1: Multi-Lateral Pilot • Horizontal Wells in R3 Seam are unable to fully depressurise reservoir. Glenaras is on the cusp of significant critical desorption For personal use only Phase 2: Vertical Wells • MDTs establish communication across different coals. Vertical wells add
Slide 10: The Challenge…
For personal use only The The Challenge… Prize… Commercial gas production Building a Multi-TCF Fully while transforming waterCompany Integrated Energy into a value adding profitable commodity galilee-energy.com.au | 10
Slide 11: The water conundrum…
The water conundrum… While water production has been and remains a challenge it now represents a valuable commodity in its own right… For personal use only • Produced water is high quality compared to other Qld CSG plays and can be used for irrigation. • All water produced by the Glenaras Pilot is b
Slide 12: The Market…
For personal use only The Market… Gas is the transition fuel of choice galilee-energy.com.au | 12
Slide 13: East Coast Gas Supply Challenges…
East Coast Gas Supply Challenges… For personal use only Is Australia and the east coast in Prime Minister Albanese particular, facing a looming “Chances are if you’re in NSW at the moment and energy crisis? you flick a switch, then that will not be powered by renewables. We need to change the way th
Slide 14: East Coast Gas Supply Challenges…
East Coast Gas Supply Challenges… • ACCC forecast growing supply shortfall through to end 2030 Forecast supply and demand in the southern states, 2023-2033 For personal use only • Added uncertainty surrounding the supply assumptions, given 40% is assumed from undeveloped reserves • EnergyQuest term
Slide 15: The way forward…
For personal use only The Challenge… The way Prize… forward… Building Commercial Ideally a Multi-TCF gas placed Fullyanywhile to production address future emission Integratedwith transforming challenges Energy water Company into a genuine proactive value adding profitable commodity alternatives gali
Slide 16: Decarbonisation Pathway…
Decarbonisation Pathway… GLL is ideally placed to transition to and thrive as an integrated and diversified energy company in an ever- increasing carbon constrained economy… For personal use only | 16
Slide 17: So why invest in GLL?
For personal use only So why invest in GLL? Galilee Energy is uniquely placed to transform both Australia's energy and agricultural landscapes… galilee-energy.com.au | 17
Slide 18: In summary…
In summary… For personal use only Strong leadership and management team that have done it before Programme funded and successfully executed Record water production and gas rates on the cusp of significant gas desorption Very favourable east coast gas thematic with strong projected demand and prices
Slide 19: Thank you…
Thank you… REGISTERED OFFICE For personal use only Level 6, 167 Eagle Street, Brisbane QLD 4000 GPO Box 1944 Phone: +61 7 3177 9970 Email: admin@galilee-energy.com.au Galilee’s COO taking delivery of our new tractor last week as field activities continue to ramp up… | 19
Galilee Energy — RIU Good Oil & Gas Energy Conference 2022 on 6ix