ADX Energy Ltd · ASX:ADX
ADX Energy — Investor Presentation (August 2024)
14 slides from ADX Energy's investor presentation, Aug 20, 2024
Slide 1: Operations Update
For personal use only OPERATIONS UPDATE AN ASX LISTED EUROPEAN ENERGY PRODUCER AND EXPLORER 20 August 2024 I n v e s t o r P r e s e n t a t i o n ASX:ADX adxenergy.com.au
Slide 2: Disclaimer (Cautionary) Statement
DISCLAIMER (CAUTIONARY) STATEMENT IMPORTANT NOTICE: PRMS RESERVES CLASSIFICATIONS USED IN THIS PRESENTATION: This document has been prepared by ADX Energy Ltd (“ADX”) for the purpose of providing information to Developed Reserves are quantities expected to be recovered from existing wells and facili
Slide 3: Investment Proposition and Operating Strategy
INVESTMENT PROPOSITION AND OPERATING STRATEGY Increasing Reserves and World-class Value Adding, Operating Fully Funded Operating Production Exploration Complementary Capability Work Program For personal use only Cashflow Growth from Portfolio in the Renewable New Discovery heart of Europe Projects A
Slide 4: Operating and Financial Highlights
OPERATING AND FINANCIAL HIGHLIGHTS OPERATING AND FINANCIAL HIGHLIGHTS Operationally ready and fully funded for appraisal, exploration For personal use only and testing program Capital Structure 2024 Operations Program ASX: ADX Drill Anshof-2A Oil Appraisal Well FRA: GHU 1 Targeting thicker and high
Slide 5: High Impact Operations Program Focussed on Upper Austria
HIGH IMPACT OPERATIONS PROGRAM FOCUSSED ON UPPER AUSTRIA 1 Oil appraisal well with large potential 1022 km2 licence area with production impact into For personal use only 50% historical new onsite 3,000 BPD success rate processing facility. 2 ADX-AT-I gas exploration well, with Mostly produced Oil a
Slide 6: Anshof-2A Sidetrack Oil Appraisal Well
ANSHOF-2A SIDETRACK OIL APPRAISAL WELL WELL SPUD IN EARLY SEPTEMBER 2024 – PARTLY FUNDED BY MND FARMOUT ADX economic interest (EI) in Anshof-2A is ANS-2A up-dip location 60%, MND EI is 40%. The Anshof-2A sidetrack will target high For personal use only quality reservoir up dip of Anshof-2. Wel
Slide 7: LICHT-1 Exploration Well (ADX Minimum 50% Interest)
LICHT-1 EXPLORATION WELL (ADX MINIMUM 50% INTEREST) DRILLING OF LICHT-1 TO COMMENCE IN OCTOBER 2024 WITH EXTENSIVE FOLLOW UP POTENTIAL Prospect already permitted and rig being contracted to drill LICHT-1. LICHT’s resource estimate upgraded based on updated mapping from 3D reprocessing and a revi
Slide 8: Testing of Welchau-1 Gas Liquids Discovery
TESTING OF WELCHAU-1 GAS LIQUIDS DISCOVERY MULTI - ZONE PRODUCTION TEST PROGRAM COMMENCING IN OCTOBER 2024 Austrian Alps: ADX economic interest (EI) in Welchau Giant Welchau 100 km2 is 75%, MCF Energy EI is 25%. Triassic Reservoir anticline For personal use only Testing program design is intende
Slide 9: Welchau Economic Characteristics
WELCHAU ECONOMIC CHARACTERISTICS Welchau Profitability Index Ratio¹ vs other KEY VALUE DRIVERS gas projects in Europe 4.00 Large gas and liquid resource potential at an Profitability Index Ratio based on 3.50 onshore location in premium energy market. Welchau generates superior 3.00 economics to o
Slide 10: Multiple Low to Medium Risk Gas Targets in ADX's Western AT-I Acreage
MULTIPLE LOW TO MEDIUM RISK GAS TARGETS IN ADX’ WESTERN, AT-I ACREAGE (ADX MINIMUM 50% INTEREST) ADX has mapped > 10, shallow and deeper drill, gas Leads and Prospects in the ADX-AT-I licence area. A large portion of the ADX-AT-I area is subject to a partnership with MND which will largely fund
Slide 11: ADX-AT-I Prospectivity (ADX Minimum 50% Interest)
ADX-AT-I PROSPECTIVITY (ADX MINIMUM 50% INTEREST) DRILLING OF LICHT-1 TO COMMENCE IN OCTOBER 2024 WITH EXTENSIVE FOLLOW UP POTENTIAL Prospect already permitted and rig being contracted to drill LICHT-1. An upgrade to LICHT’s estimated resources has resulted from updated mapping with the benefit
Slide 12: Follow Up Prospects to a LICHT-1 Discovery
FOLLOW UP PROSPECTS TO A LICHT-1 DISCOVERY N S A AA LICHT Prospect HERR Prospect B A For personal use only IRR LICHT Prospect A BB LICHTENBERG HERR STOET HERR Proven reservoir W STOET-001 (prosp.) E Two leads (STOET, HERR) are mapped on the same LICHT LICHT-001 Prospect (prosp.) STOET Prospect seis
Slide 13: Active Work Program in Upper Austria
RED drilling rig at the Anshof-3 ACTIVE WORK PROGRAM IN UPPER well in ADX’s Upper Austria licence AUSTRIA Overview of Near-Term For personal use only News flow ANSHOF 2A WELCHAU LICHT-1 GAS WELCHAU EXPLORATION Commencement of Commencement of WELL Welchau well Welchau well drilling Anshof 2A testing
Slide 14: Contact
For personal use only Contact For further information: Ian Tchacos ASX: ADX Executive Chairman ian.tchacos@adxenergy.com.au Paul Fink adxenergy.com.au Chief Executive Officer paul.fink@adx-energy.com Amanda Sparks Finance Manager & Company Secretary Connect with Us amanda.sparks@adxenergy.com.au 14