Axp Energy Limited · ASX:AXP

Axp Energy — Q3 2021 Earnings Presentation

10 slides from Axp Energy's earnings presentation, Oct 28, 2021

  1. Slide 1: Quarterly Update Webinar

    QUARTERLY UPDATE WEBINAR 28 October 2021

  2. Slide 2: Disclaimer

    Disclaimer This presentation and any materials provided to the reader (“the Materials”) have been prepared by AXP Energy Limited (“AXP” or “Company”) and contain general information about FPL’s activities. By accepting the Materials you agree to be bound by the terms and conditions below. The Materi

  3. Slide 3: Quarterly Summary

    Quarterly Summary QUARTERLY NET REVENUE BY HYDROCARBON  Maiden cashflow positive quarter of $301K after ~$800k of one-off costs  Quarterly Net Revenue of $5,731,238 up 31% (prior Quarter: $4,386,654)  Net customer receipts of $5,032,726 up 35% (prior Quarter $3,733,924)  28,389 BBL sold (prior Q

  4. Slide 4: Steady month-on-month revenue growth

    Steady month-on-month revenue growth MONTHLY NET REVENUE [$ ‘000] TOP LINE (REVENUE)  Revenue growth again driven by pricing and volumes  Six straight months of revenue growth  September net revenue exceeded $2M CONTINUING TO IMPROVE MARGINS  Internalizing some operations such as oil haulage  C

  5. Slide 5: Production and development overview

    Production and development overview SEPTEMBER QUARTER WORKOVERS Daily Gross Production Increase Gas NGL Oil Cost Project/Well Completed [Mcf] [USG] [BBL] (U$)  33 wells brought back online from workovers and pipeline repairs ARCH-2 51 N/A 5 41,450  129 wells identified to be brought back into prod

  6. Slide 6: In-situ power generation from stranded gas

    In-situ power generation from stranded gas  Elite Mobile Units, generators and cooling units on now site  Site works underway; operations to commence next month  Scale up planned across Pathfinder Field to monetize greater volumes of stranded gas  Similar opportunities being assessed in Kentucky

  7. Slide 7: Near-term value drivers and other initiatives

    Near-term value drivers and other initiatives • Ramp-up of workovers in Kentucky; Complete pipeline repairs and commence 129-well workover program PRODUCTION • Trey Exploration operations integrated under Kentucky operations; oil production growth not yet realized GROWTH OPPORTUNITIES • Assessing fo

  8. Slide 8: Our business model

    Our business model ACQUIRE ENHANCE PRODUCE LOW COST, LOW LOW COST, COST RIGOROUS FIELD OPPORTUNISTIC EE & WELL OPPORTUNISTIC WORKOVERS E DEVELOPMENT ACQUISITIONS ACQISITIONS ENHANCEMENT PLANNING • Neglected assets • Extreme cost discipline • Optimized & efficient and CAPEX gating production • Buildi

  9. Slide 9: AXP Energy Limited

    AXP ENERGY LIMITED www.axpenergy.com USA HEADQUARTERS AUSTRALIAN OFFICE SIMON JOHNSON Suite 120 Suite 302, Level 3 Non-Executive Chairman 120 Prosperous Place 17 Castlereagh +61 (0)417 478 818 Lexington, Kentucky 40509 Sydney NSW 2000 USA AUSTRALIA SAM JARVIS Non-Executive Director +1 (859) 263 3948

  10. Slide 10: Thank You

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