Pilot Energy Limited · ASX:PGY
Pilot Energy — Shareholder Meeting (August 2022)
14 slides from Pilot Energy's shareholder meeting presentation, Aug 19, 2022
Slide 1: Delivering Clean Energy for the Mid West
Delivering Clean Energy for the Mid West Chairman’s General Meeting Presentation 19 August 2022 PILOT ENERGY LIMITED ASX:PGY
Slide 2: Compliance statements
Compliance statements Disclaimer Competent Persons Statement This investor presentation has been prepared by Pilot Energy Limited ABN 86 115 229 984 (Pilot or the Company). This announcement contains information on conventional petroleum and carbon storage resources which is based on and fairly Any
Slide 3: Vision
Vision Transform existing assets and infrastructure delivering an integrated cost competitive clean energy solution Western Current Operations Integrated Clean Energy Portfolio Australia Wind / Solar Carbon Capture & Cliff Head Oil Storage (CCS) Field Clean Energy Clean Resource hub H2 / Ammonia & T
Slide 4: Mid West Clean Energy Project
Mid West Clean Energy Project Staged development of blue hydrogen and ammonia production starting with CCS Stage 1 – Carbon Capture & Storage Stage 2 - Blue H2 Production Stage 3 H2 Expansion to Export Ammonia Timing: ~2025 CCS Timing: 2025 - 2027 Timing: 2027 - 2030 • Conversion of Cliff Head Offsh
Slide 5: Cliff Head CCS – Project Overview
Cliff Head CCS – Project Overview Key enabler of low cost clean hydrogen and ammonia production for the Mid West Clean Energy Project • Stage I of the Mid West Clean Energy Project is the development of a carbon capture and storage project located on the Mid West Coast located 270km north of Perth I
Slide 6: Global CCS Facilities In Operation
Global CCS Facilities In Operation Cliff Head CCS is a Global Top 10 CO2 Injection Capacity Project Carbon Dioxide Capture Capacity in million metric tons per year, 2021 Shute Creek Gas Processing Plant (United States) 7.0 Century Plant (United States) 5.0 Petrobras Santos Basin Pre-Salt Oil Field C
Slide 7: Social Impact
Cliff Head CCS Social Impact 0.5 35,000 57 million p.a. million tpa p.a. Initial planned annual Cliff Equivalent hectares of Equivalent number Head CCS CO2 agroforestry planting per of tree plantings per sequestration annum(1) annum(2) Sources 1. Source: The FLR Carbon Storage Calculator applies dat
Slide 8: Enabling technology
Enabling technology Unique opportunity to integrate CCS, hydrogen, ammonia and renewables using proprietary 8 Rivers technology 8 Rivers 8RH2 technology • Proven technology which is currently deployed at scale Renewables & Electrolysers H2 • High hydrogen production efficiency while LOX requiring mi
Slide 9: Stage II – Blue Hydrogen
Stage II – Blue Hydrogen Cliff Head CCS will enable cost competitive industrial scale blue hydrogen production Blue hydrogen production with direct/integrated Cliff Head CCS Levelized cost of hydrogen (LCOH) in the range of • Feasibility studies indicate production capacity of 43,000 tpa of blue hyd
Slide 10: Mid West Renewables provides growth platform
Mid West Renewables provides growth platform Large cost-competitive renewable energy resources identified in the vicinity of the Mid West Clean Energy Project • Over 18 GW of renewable resource potential in the area identified from feasibility studies Mid West Clean Energy Project Total Identified R
Slide 11: Stage III – Clean Ammonia Production
Stage III – Clean Ammonia Production Ammonia from blue hydrogen is both a low cost and clean energy source and supply vector for hydrogen Clean ammonia emerging as a cost competitive LNG Levelized cost of ammonia (LCOA) in the range of A$370 replacement to A$400 per tonne, leveraging CCS and renewab
Slide 12: Mid West Clean Energy Project − bringing it all together
Mid West Clean Energy Project − bringing it all together Stage II Blue Hydrogen • Hydrogen production integrated with Cliff Head C02 Hub CCS utilising 8 Rivers 8RH2 technology Blue Hydrogen C02 to CSS Production • Ability to accept C02 rich raw gas with ≥97% direct carbon capture of CO2 already at p
Slide 13: Key next steps
Key next steps Over the next 12-months Pilot (as operator) together with JV Partner Triangle Energy will be focused on the activities to deliver the Cliff Head CCS Project Corporate • Analyse & implement feasibility studies • Commence engagement with prospective project partners Next 12-months aimed
Slide 14: Contact details
Contact details Pilot Energy Limited Level 1, 85 Elizabeth Street Paddington, NSW 2021 www.pilotenergy.com.au Brad Lingo Tony Strasser Nick Watson Chairman Managing Director Head of Renewables & Commercial blingo@pilotenergy.com.au tstrasser@pilotenergy.com.au nwatson@pilotenergy.com.au 14 Pilot Ene