Adx Energy Ltd · ASX:ADX
Adx Energy — Investor Presentation (March 2020)
14 slides from Adx Energy's investor presentation, March 2020
Slide 1: ADX Energy Ltd – Investor Update
March 2020 ADX Energy Ltd – Investor Update A European focussed energy producer (ASX:ADX) 1
Slide 2: Disclaimer Statement (1)
DISCLAIMER STATEMENT (1) Important Notice This document has been prepared by ADX Energy Ltd for the purpose of providing information to interested analysts/investors and shareholders. Any statements, opinions, projections, forecasts or other material contained in this document do not constitute any
Slide 3: Disclaimer Statement (2)
DISCLAIMER STATEMENT (2) PRMS Reserves Classifications used in this Report Developed Reserves are quantities expected to be recovered from existing wells and facilities. Developed Producing Reserves are expected to be recovered from completion intervals that are open and producing at the time of the
Slide 4: Corporate Overview
CORPORATE OVERVIEW A European focussed energy producer (ASX:ADX) Financial information Directors Share price (4-Mar-2020) A$0.008 Ian Tchacos (Executive Chairman) • Located Perth; petroleum engineer; production operations, Number of shares 1,678 m Number of Options 288m commercial, corporate and man
Slide 5: Asset Overview
ASSET OVERVIEW ADX holds production, development, appraisal and exploration assets onshore and offshore Europe. Current focus is onshore in low cost, pro-development jurisdictions with favourable fiscal terms, excellent access to infrastructure and high energy pricing. ADX has identified compl
Slide 6: Recent Highlights
RECENT HIGHLIGHTS A year of transformation – first steps towards becoming a material European producer Field purchased at 1 year cash flow Purchase Gaiselberg & Zistersdorf Oil ADX is now one of the only 3 operators Field, Vienna Basin in Austria Legal with RAG July 2019 A highly collaborati
Slide 7: Investment Overview
INVESTMENT OVERVIEW Focus on becoming a leading onshore European producer and explorer targeting rapid returns on investment and cashflow growth. Transformational acquisition of 100% STABLE PRODUCTION BASE of the Zisterdorf and Gaiselberg fields Gaiselberg and Zistersdorf Fields, Austria from RAG
Slide 8: Operating Capability
OPERATING CAPABILITY Organisation Structure Excellent platform for growth established in Europe as producer, developer and explorer Australia with experienced personnel on Corporate Head Office the ground Corporate, • ADX only third production operator in Admin & Accounting Reservoir Engineering Aus
Slide 9: 2020 Planned Activities
2020 PLANNED ACTIVITIES Building on 2019 – the next steps towards becoming a material European producer 2020 2021 Q1 Q2 Q3 Q4 Q 2 Gaiselberg & Zistersdorf Independently Audited Reserves Review Reserves revision Field Production and Well recompletions & maintenance Well workovers Development. Vienna
Slide 10: Zistersdorf & Gaiselberg Field - Austria
ZISTERSDORF & GAISELBERG FIELD - Austria 100% Equity purchased from RAG Austria AG (RAG) in December 2019 MAP OF AUSTRIAN OIL & GAS Acquisition price @ EUR 2.2 per boe of 2P reserve and circa 1x EBITDA INFRASTRUCTURE Zistersdof & Gaiselberg Low emission production from state of the art facilit
Slide 11: Upper Austria Exploration & Appraisal
UPPER AUSTRIA EXPLORATION & APPRAISAL ADX has exclusive rights to all data for 5years, including 3D seismic with $100 million replacement value ADX is currently in a process with the Austrian Mining Authority on exploration areas and terms. Expectation is to finalize terms and areas in Q3 2020
Slide 12: Parta Area Appraisal Project - Romania
PARTA AREA APPRAISAL PROJECT - Romania IMIC-1 Well 49.2% operated interest READY FOR PRODUCTION TEST XSECTION SHOWING SUCCESSFULL Appraisal activities funded by IMIC-1 WELL & PLANNED IMIC-2 WELL LSE-AIM listed partner Reabold PROVEN GAS TARGETS FROM 1600 TO 2200 METERS Resources Plc IMIC-1 IMIC-
Slide 13: Summary of Strategic Objectives
SUMMARY OF STRATEGIC OBJECTIVES Hedging Strategy: Prudent protection of downside during period of oil price volatility through hedging part of Gaiselburg and Zistersdorf production at above US$ 50 per barrel (Brent). Gaizelburg & Zistresdorf fields: Build reserves and production by approximately 50%
Slide 14: adx-energy.com
Executive Chairman: Ian Tchacos email: ian.tchacos@adxenergy.com.au Chief Executive: Paul Fink email: Paul.Fink@adx-energy.com Finance Manager and Company Secretary: Amanda Sparks email: amanda.sparks@adxenergy.com.au adx-energy.com 14