D3 Energy Limited · ASX:D3E
D3 Energy — Investor Presentation (August 2024)
28 slides from D3 Energy's investor presentation, Aug 21, 2024
Slide 1: Investor Update
Investor Update Energy & Helium for the 21st Century August 2024 d3energy.com.au
Slide 2: What’s in a name?
What’s in a name? • Why D3 Energy? • “D3” First evidence of Helium was obtained in August 1868 when French Astronomer, Jules Jansen observed a solar eclipse through a prism, where he noticed a bright yellow spectral line emanating from the chromosphere of the sun – at the time this was thought to be
Slide 3: ASX:D3E Corporate structure and major shareholders
ASX:D3E Corporate structure Major Shareholders (as of 14th Aug 2024) Greg Columbus (Chair) 3.38% David Casey (MD & CEO) 120.8m $0.17 5.15% Shares on issue Share price (@ 14 Aug 2024) Matthew Worner (Exec Director) 4.14% $20.5m $8.6m Market Cap Cash (30 Jun 2024) John Zetzman (Technical Mgr) 4.82% En
Slide 4: Why D3 Energy?
Why D3 Energy? Defined LARGE contingent resource adjacent to existing producer, including ‘regenerating methane’ • 2C Contingent Resource of 22.4BCF Helium and 475 BCF Methane adjacent to Renergen’s already-producing Virginia field • World class measured helium concentrations of 5% and as high as 9%
Slide 5: Portfolio
Portfolio d3energy.com.au | 5
Slide 6: Assets
Assets • Four permit areas totalling 442,750 acres in the Free State South Africa Permit Area (acres) ER315 294,986 ERA341 81,535 TCP235 36,843 TCP240 29,386 • Prospective for both natural gas (methane) and helium • Confirmed free flowing gas production rates from historical gold exploration borehol
Slide 7: Exploration Right 315 (ER315)
Exploration Right 315 (ER315) d3energy.com.au | 7
Slide 8: ER315 - Helium
ER315 - Helium • ER315 alone covers an area of close to 295,000 acres which dwarfs many north American projects • ER315 helium concentrations also compare very favourably to main producing fields globally Helium Concentrations for Producing Fields Globally D3 helium concentrations are world class No
Slide 9: ER315 - Independently Certified Resource
ER315 - Independently Certified Resource • D3 Energy engaged Sproule to review and independently certify both a Prospective Resource and Contingent Resource for ER315 • Sproule has undertaken the Reserve and Resource reporting for Renergen’s Virginia Gas Project • Initial exploration work undertaken
Slide 10: ER315 – drilling programme
ER315 – drilling programme • Outstanding results from initial drilling and testing programme with world class helium concentrations of 5.1% • RBD03 a legacy gold exploration borehole drilled in 1983 flow tested over a 16-day period averaging 147Mscfd • This is almost twice the rate previously record
Slide 11: An analogue next door…
An analogue next door… d3energy.com.au | 11
Slide 12: Success story right next door
Success story right next door • D3 Energy’s project is adjacent to the Renergen (RLT) Production Right, which was the first Production Right of this kind to be issued in South Africa • RLT is producing both LNG and helium at its Virginia Gas Project • Members of D3 were intricately involved and were
Slide 13: What is Helium & what’s it used for?
What is Helium & what’s it used for? d3energy.com.au | 13
Slide 14: Helium – What’s it used for?
Helium – What’s it used for? Source: Akap Energy (Feb 2024) Helium is a critical resource for the 21st Century d3energy.com.au | 14
Slide 15: How much do we use?
How much do we use? d3energy.com.au | 15
Slide 16: Global Helium supply and demand
Global Helium supply and demand • Classic case of demand outstripping supply • Current demand growth of around 5-6% is double expected supply growth • Total market expected to grow from 6BCF to just over 8BCF in 2030 • Tightening supply will have an obvious effect on price Current and projected Heli
Slide 17: So what’s its worth?
So what’s its worth? d3energy.com.au | 17
Slide 18: Helium pricing
Helium pricing • The cost of helium is at record levels and is predicted to continue to increase • Prices over last 5 years have increased at 18% p.a • US spot pricing was between US$1,000 and $2500/mcf in 2022 Estimated Helium Import Pricing (US$/mcf) Global Helium Export Prices by Region (US$/mcf)
Slide 19: D3 Energy is not just about Helium!
D3 Energy is not just about Helium! d3energy.com.au | 19
Slide 20: It’s not just Helium…and South Africa needs it
It’s not just Helium…and South Africa needs it • ER315 and adjacent permits also have significant prospectivity for: • deep basin biogenic gas (methane) • coal seam methane • conventional sandstone reservoirs • South Africa currently imports gas via pipeline from the Pande & Temane Source: Annual Re
Slide 21: D3 has established strategic partnerships
D3 has established strategic partnerships d3energy.com.au | 21
Slide 22: NOVO Energy
NOVO Energy – www.novoenergy.co.za • NOVO Energy (NOVO) is an integrated energy and technology company and licensed gas trader and major D3 Energy shareholder. NOVO has a focus on: • Procurement and development of methane rich gas sources • Establishment and ownership of gas infrastructure (CNG/LNG/
Slide 23: Timelines
Timelines d3energy.com.au | 23
Slide 24: The next 12 months…
The next 12 months… ACTIVITY 2024 2025 MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN Drilling RBD12 Production testing RBD12 Production re-testing RBD10 Production testing RBD03 Production testing RBD01 Long term production testing Seismic planning and approvals Seismic acquisition & inter
Slide 25: Disclaimers
Disclaimers d3energy.com.au | 25
Slide 26: D3 Energy Limited
D3 Energy Limited This document provides summary information about D3 Energy Limited (ACN 649 276 808) (D3 Energy or the Company) current as at the date of this presentation. This document has been prepared for information purposes only This document is not, and should not be considered as, an offer
Slide 27: Resource Information and Competent Person’s Statement
D3 Energy Limited Resource Information Please refer to the D3 Energy Limited Prospectus dated 5 March 2024 (as supplemented by a supplementary prospectus dated 10 April 2024 and a second supplementary prospectus dated 17 April 2024) for Contingent Resources and Prospective Resources presented in thi
Slide 28: d3energy.com.au
d3energy.com.au Tel: +61 2 8072 1400 Email: admin@d3energy.com.au Web: www.d3energy.com.au