Emperor Energy Ltd · ASX:EMP
Emperor Energy — Investor Presentation (November 2017)
19 slides from Emperor Energy's investor presentation, November 2017
Slide 1: Emperor Energy London Presentation November 2017
Emperor Energy (ASX: EMP) London Presentation November 2017
Slide 2: Disclaimer
Disclaimer Disclaimer This presentation is for the sole purpose of preliminary background information to enable recipients to review the business activities of Emperor Energy Limited ABN 56 006 024 764 (ASX: EMP). The material provided to you does not constitute an invitation, solicitation, recommen
Slide 3: Key Points
Key Points • Electricity shortfall occurring on East Coast of Australia • Closure of Coal Fired Power Stations has reduced capacity • Increasing reliance on gas for baseload electricity • An East Coast domestic gas shortfall is occurring simultaneously due to unsatisfied demand by new Queensland LNG
Slide 4: Company overview
Company overview • ASX Listed Energy Company (ASX: EMP), Options (ASX: EMPOC) • Strategic asset in the Gippsland Basin adjacent to the BHP/ExxonMobil Kipper field • Strong management team with extensive exploration and financial experience • Strong shareholder alignment with management holding 19% o
Slide 5: The Team
The Team Carl Dumbrell Justyn Peters Vaz Hovanessian Director & Secretary Director Director • Appointed July 15 • Appointed August 16 - Appointed August 16 • Extensive advisory • Executive Chairman Leigh - Over 25 years experience experience to ASX, AIM Creek Energy Ltd (ASX: LCK) with junior O&G co
Slide 6: Schedule of Tenements
Schedule of Tenements Permit Type Location Ownership Vic/P47 Exploration Permit Offshore Gippsland Basin 100% Backreef Exploration Area Onshore Canning Basin 100% R1/R3 Retention Lease Offshore Carnarvon Basin 100%
Slide 7: Gippsland Basin
Gippsland Basin • Australia’s premier hydrocarbon province • Located 200 km east of Melbourne • Exploration commenced in 1924 • Over 400 exploration wells drilled • Some 90,000 line km of 2D seismic • More than forty 3D seismic surveys • Petroleum infrastructure well developed with a network of pipe
Slide 8: Vic/P47 - Bass Strait Victoria
Vic/P47 - Bass Strait Victoria • EMP holds 100% of 202 km2 Vic/P47 Permit • EMP is Operator of the Permit • Water depths: 20 – 85 m • Two-gas discovery wells drilled within the permit: • Judith-1 drilled by Shell in 1989 • Moby-1 drilled by Bass Strait Oil in 2004 • 3D seismic reprocessing, mapping
Slide 9: Judith structure: Seismic Amplitude Response to Reservoired Gas
Judith structure: Seismic Amplitude Response to Reservoired Gas
Slide 10: Depth Mapping: Top Emperor Gas Sands
Depth Mapping: Top Emperor Gas Sands Top Judith Gas Sand 1 Depth Map Contour Interval: 25 m
Slide 11: Vic/P47 Volumetrics Summary
Vic/P47 Volumetrics Summary Summary of Gross Contingent Resources for the Judith Discovery (Gaffney Cline & Associates, 2013) Gas-in-Place Bcf Gas Recoverable Bcf Gross Contingent Resources Block P90 P50 P10 C90 C50 C10 Judith 67 155 368 37 101 276 Total 67 155 368 37 101 276 Summary of Gas-in-Place
Slide 12: Vic/P47 Exploration Strategy
Vic/P47 Exploration Strategy • Seismic reprocessing and subsequent evaluation has identified a significantly larger Gas-in-Place Estimate than previously defined over the Judith and Judith North prospects • This Gas-in-Place Estimate is located primarily up-dip of the 1989 Judith-1 discovery well •
Slide 13: Canning Basin, Western Australia Backreef Block
Canning Basin, Western Australia Backreef Block
Slide 14: Canning Basin, Western Australia Backreef Block
Canning Basin, Western Australia Backreef Block • EMP owns 100% of the Backreef Block and is Operator • Backreef-1 was drilled in October 2010 to a depth of 1800m • Oil was discovered in porous and permeable Laurel dolomites • Production tests confirmed the discovery as non-commercial • The well is
Slide 15: Carnarvon Basin Retention Lease R3 / R1 (Cyrano)
Carnarvon Basin, Western Australia Retention Lease R3 / R1 (Cyrano) • Cyrano has Contingent Resource (2C) of 3.01 MMbbl of oil. • Additional Prospective Resources (P50) estimated at 0.928 MMbbl.
Slide 16: Carnarvon Basin Retention Lease R3 / R1 (Cyrano)
Carnarvon Basin, Western Australia Retention Lease R3 / R1 (Cyrano) • EMP is Operator and holds 100% of R3/R1 • Permit Area – 81 km2 • The Cyrano Oil Field was discovered in 2003 • The field is defined by 4 vintage wells and 3D seismic • The field in located in 17 m of water. • Productive reservoirs
Slide 17: 2017 Company Highlights
2017 Company Highlights • Completion of 3D seismic reprocessing and mapping over Vic/P47 • Application submitted for renewal of Vic/P47 for five years • Renewal of R1/R3 Cyrano for five years • Settlement with Lind Partners • Settlement with Kimberly Land Council over previous litigation • Successfu
Slide 18: Company Outlook
Company Outlook • Progress further geological assessment of the Judith Structure • Proceed to a revised Resource Statement for the Judith Gas field reflecting the current 1.8 Tcf unrisked Gas-in-Place estimate • Design and cost a Judith Exploration Well • Engage with upstream gas companies, explorer
Slide 19: www.emperorenergy.com.au
Emperor Energy www.emperorenergy.com.au
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