New Zealand Energy Corp. · TSXV:NZ

New Zealand Energy — Investor Presentation (March 2025)

14 slides from New Zealand Energy's investor presentation, Mar 11, 2025

  1. Slide 1: Strategic Player in the Future of New Zealand Energy

    Strategic Player in the Future of New Zealand Energy TSXV:NZ March 2025

  2. Slide 2: Why New Zealand Energy Corp: Immediate Positive Cash-flow Opportunities

    TSXV:NZ March 2025 WHY NEW ZEALAND ENERGY CORP Immediate Positive Cash-flow Opportunities Undeveloped known 2 month pathway to A premium gas market Reserves & Resources new gas production Isolated country with no gas imports – driving 6.88PJ (5.50 Bcf) gas of proved plus probable Drilling commenced

  3. Slide 3: Capital Structure

    TSXV:NZ March 2025 Ticker TSXV.NZ Capital Share Price* $0.27 Structure Market Cap* $4.0M Common Shares 14.99M Warrants Nil Company is DIVIDEND oriented first, growth second Options Nil Spot Gas price in NZ through Fully Diluted 14.99M 1H 2024 average NZ$14/GJ (C$11.50/GJ). Peaked over Convertible De

  4. Slide 4: A Proven Track Record of Success

    TSXV:NZ March 2025 NEW ZEALAND ENERGY TEAM A Proven Track Record of Success Responsible appraisal & development of over 1 billion barrels Frank Jacobs Mike Adams Robert Bose Chairman & Director CEO & Director Director NZEC largest shareholder Over 37 years global Over 17 years of with extensive expe

  5. Slide 5: New Zealand's Oil Province of Taranaki

    TSXV:NZ March 2025 THE REGION New Zealand’s Oil Province of Taranaki New Plymouth Office Flagship Tariki Project 2024 objectives: Tariki Gas Field Stage 1 - Redevelop Gas Field with Tariki-5 well in Q2 2024 Stage 2 – Expand production capacity through Q2/Q3 2025 Waihapa Oil field Stage 3 – Convert t

  6. Slide 6: A Fully Stacked Portfolio

    TSXV:NZ March 2025 ASSETS & INFRASTRUCTURE A Fully Stacked Portfolio Tariki Undeveloped Gas Reserves Exploration Tikorangi Oil Waihapa/Ngaere 10 to 15 PJ Gas Storage Project Redevelop Existing Tikorangi Oil Field Appraisal – Shallower Mt Messenger Oil – (Waihapa-G plus others) Appraisal – Kapuni Gro

  7. Slide 7: Construction For Production

    TSXV:NZ March 2025 PROVISIONAL 2024 ACTIVITY PLAN Construction For Production 1. Copper Moki-A 100% 2. Tariki-5 50% 3. Waihapa 50% Q4 2024 – Q1 2025 SEPT / OCT 2024 1H 2025 Restore Site to Production Gas Development H1 Clean Out Workover CM-1 with Rig Drill Well to develop 6.9 PJ of gas Clean out of

  8. Slide 8: Tariki-5 $50M

    TSXV:NZ March 2025 NZEC’S FLAGSHIP PROJECT Tariki-5 Tariki Sandstone Structure Cross Section Trajectory Tariki-2C Tariki-5 RevA0 Reserves Summary Tariki-2A 3.2 6.9 1P 2P PJ* PJ* Tariki-D1 Tariki-2B Tariki-4 $50M * Pre-Tax 2P Undiscounted Net Cashflow (NZD) 1 Tariki-4A Tariki-5 Tariki-1A RPS forecast

  9. Slide 9: Tariki-5 Gas Development – Financials

    TSXV:NZ March 2025 2024 ACTIVITY PLAN Tariki-5 Gas Development – Financials Tariki-5 Gas-Condensate Project (Stage 1) ▸ 2P Production via Early Production System Commencing November 2024 ▸ Gas ~8.5 mmscf/d (i.e. 9 TJ/day ) gross (100% share) ▸ Condensate 255 stb/d gross (100% share) ▸ 1.5 PJ and 50

  10. Slide 10: Tariki-5 Forecast Production

    TSXV:NZ March 2025 PROJECTIONS Tariki-5 Forecast Production T5 expected to produce: >6 to 8 MMscf/d 20 for the first 6 months (facility constrained) >10 MMscf/d > 15 MMscf/d from April 2025 >15 MMscf/d 15 Thereafter from Sep 2025 onwards > 10 MMscf/d High Condensate rates initially of: 300 bbls 600

  11. Slide 11: Tariki-1 Historic Production

    TSXV:NZ March 2025 PROOF OF CONCEPT Key Stats Tariki-1 Historic Production Gas Production Oil Production Gas Production Water Produced 49.5B Cubic Feet of Gas Oil Production 1.8M Barrels of Crude Oil Production Period 11.8 yrs In Production Production Uptime 85.2% 11 of Available Hours Were in Produ

  12. Slide 12: Production Upside Potential ($NZD)

    TSXV:NZ March 2025 2024 ACTIVITY PLAN Production Upside Potential ($NZD) $ $CAD to $NZD = $0.80 Note: Project timing was re-prioritised in Q3 2024 due to the failure of rig-less interventions on Copper Moki-1 & 2 meaning all free cash has been directed to completing the Tariki Project in Q4 2024 Cop

  13. Slide 13: Cautionary Notes

    TSXV:NZ March 2025 Cautionary Notes FORWARD-LOOKING INFORMATION This document contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively “forward-looking statements”). The use of any of the words “will”, “objectiv

  14. Slide 14: For more information please contact

    TSXV:NZ For more information please contact: info@NewZealandEnergy.com NewZealandEnergy.com

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