Red Sky Energy Limited · ASX:ROG
Red Sky Energy — Good Oil Conference 2018
23 slides from Red Sky Energy's conference presentation, Sep 13, 2018
Slide 1: Red Sky Energy Limited Good Oil Presentation
For personal use only RED SKY ENERGY LIMITED GOOD OIL PRESENTATION September 2018
Slide 2: Disclaimer & Important Notice
For personal use only DISCLAIMER & IMPORTANT NOTICE • Various statements in this document constitute statements relating to intentions, future acts and events. Such statements are generally classified as forward looking statements and involve known risks, expectations, uncertainties and other import
Slide 3: Red Sky Snapshot
For personal use only RED SKY Snapshot ASX Code: ROG Ordinary Shares 823M Options (ex1c, exp 31/8/19) 281M Market Capitalisation $3.0M Share Price $0.004 Top 20 Shareholders 420M (51%) Top 2 Shareholders: Tirumi Pty Ltd - 8.68% Mowbrick Pte Limited – 6.28%
Slide 4: Directors and Executives
For personal use only Directors Executives GUY LE PAGE, FFIN, MAusIMM ANDREW KNOX, B Com Non-Executive Chairman Chief Executive Officer/Managing Director Director-RM Capital 35 years experience, oil & gas Joined ROG in 2018 CLINTON CAREY, B Com Non-Executive Director BILL LODWICK, B Sc Resource deve
Slide 5: Current Position
For personal use only Current Position • SE Asia/Australasia Focus Area • Obtaining spread of assets • Operator of Innamincka Project and Gold Nugget Field • $3 million market capitalisation ( 0.4 cents per share) • E&P company on the ASX • Development led • Known by peers and market • Clean balance
Slide 6: Vision (3-5 years)
For personal use only Vision (3-5 years) • Operator of oil and gas producing assets • Greater diversity of cash flow streams • Maintain Australasia/Asia Pacific Focus Area • Maintain focus on conventional oil and gas resources • $1 billion market capitalisation • Significant E& P company on the ASX
Slide 7: Roadmap for Growth
For personal use only Roadmap for Growth • Maximising value of existing assets …how do we get there? • Building organisational capability Develop a robust and substantial E & P • Aggressively pursuing new E&P company with a focus on the Asia Pacific assets to develop a balanced region with market ca
Slide 8: Innamincka Location Map
Innamincka Location Map For personal use only • PRL 14 Flax Oil Field • PRL 17 Yarrow Gas Field • PRL 18 Juniper Oil Field • PRL 180 • PRL 181 • PRL 182
Slide 9: Innamincka Inventory
Innamincka Inventory For personal use only • PRL 14 Greater Flax Oil Field • PRL 17 Linden and Birch leads • PRL 18 Juniper link to Flax? • PRL 180 – updip potential • PRL 181 - Cypress well failed • PRL 182 – updip potential PRL 182 PRL 180 PRL 181
Slide 10: Innamincka Area Cross Sections
For personal use only Innamincka Area Cross sections Eromanga Basin Yarrow Flax Juniper Cooper Basin Warburton Basin
Slide 11: Cooper Basin Stratigraphic Column
For personal use only Cooper Basin Stratigraphic Column Patchawarra Fm Tirrawarra Sst Merrimelia Fm
Slide 12: Hydrocarbon Inventory
For personal use only Hydrocarbon Inventory Source: RISC 2015 (6MCF=1BOE) All oil and gas volume estimates are subject to a complete review by Red Sky.
Slide 13: Hydrocarbon Inventory: PRL14 Flax Oil & Gas Field
For personal use only Hydrocarbon Inventory PRL14 Flax Oil & Gas Field • 2C 9.9 mmbbl oil 2C 3.5 mmboe gas 100% Red Sky • • Production infrastructure already built • Six production wells drilled • Produced over 180,000bbl until shut-in 2015 • 3D seismic coverage All oil and gas volume estimates are
Slide 14: Flax Facility
For personal use only Flax Facility
Slide 15: Hydrocarbon Inventory: PRL17 Yarrow Gas Field
For personal use only Hydrocarbon Inventory PRL17 Yarrow Gas Field • Undeveloped 100% Red Sky • 2C 3.0 mmboe gas • Three wells drilled All oil and gas volume estimates are subject to a complete review by Red Sky.
Slide 16: Hydrocarbon Inventory: PRL18 Juniper Oil & Gas Field
For personal use only Hydrocarbon Inventory PRL18 Juniper Oil & Gas Field • Undeveloped 2C 0.9 mmbbl oil 100% Red Sky • • 2C 0.4 mmboe gas • Three wells drilled on structure • 3D seismic coverage All oil and gas volume estimates are subject to a complete review by Red Sky.
Slide 17: Innamincka Dome Projects
For personal use only Innamincka Dome Projects • Flax Oil production project • Yarrow Gas development project • Combined PRLs gas project • Exploration projects
Slide 18: Innamincka Dome Milestones
For personal use only Innamincka Dome Milestones Under New Flax First Flax Testing & Horizontal Well Management Production Flax GG&E studies complete 2018 2019 2020 2021 Yarrow Gas Yarrow 3D Pipeline & Field Innamincka seismic Development Blocks Granted Yarrow FDP complete
Slide 19: Gold Nugget Production and Evaluations
Gold Nugget Production and Evaluations For personal use only • Wind River Basin gas producer. Wyoming, USA. • Production from Fort Union Fm (8,600-11,700ft) and Lance Fm (11,700 – 13,800ft) • 50ft pay perforated. 83ft non-perforated • OGIP 2-5 BCF (2015 using decline curve method) • Only 0.1 BCF pro
Slide 20: Gold Nugget Field Milestones
Gold Nugget Field Milestones For personal use only Gold Nugget Ongoing Under New GG&E studies production Management complete 2018 2019 2020 2021 Well intervention Continued Restart increase production production production Added oil production
Slide 21: Gold Nugget #1-23 Site Facilities
Gold Nugget #1-23 site facilities Entry Sign For personal use only 3 Phase 750lb separator Meter house Gold Nugget #1-23 well head Oil & Water storage tanks ~400bbl each
Slide 22: Why Invest In Red Sky?
For personal use only Why Invest In Red Sky? • Experienced, energetic and • Building a balanced portfolio entrepreneurial board and • Very large gas upside with Red Sky being a management with a track record potential long term supplier in successful company building • High potential exploration acr
Slide 23: Thank you for your attention
For personal use only Thank you for your attention