Gold Hydrogen Ltd. · ASX:GHY
Gold Hydrogen — AEP Conference Perth 2024
19 slides from Gold Hydrogen's conference presentation, May 23, 2024
Slide 1: Ramsay 1 & 2 - Learnings from the First Natural Hydrogen Exploration Wells in Australia
For personal use only Ramsay 1 & 2 - Learnings from the First Natural Hydrogen Exploration Wells in Australia AEP Conference – Perth May 2024 Dr. Josh Whitcombe - COO Gold Hydrogen May 2024 Gold Hydrogen Limited 1
Slide 2: Important Notice & Disclaimer
Important Notice & Disclaimer This presentation is not a prospectus, disclosure document or offering document under Australian law or under any other law. It is This presentation contains statistics, data and other information pertaining to Gold Hydrogen’s business and operations. Recipients for inf
Slide 3: Gold Hydrogen – Who are we?
Gold Hydrogen – Who are we? Listed in Jan 2023 Share Price Performance (Previous 12 months) For personal use only • Moved quickly to build an in-house team • Worked with the SA Department of Energy and Mines (DEM) to secure all required approvals • Spudded Ramsay 1, Australia’s first dedicated natur
Slide 4: What is Natural Hydrogen?
What is Natural Hydrogen? Hydrogen gas that is naturally formed in the earth and not For personal use only “manufactured” Our Permit has: • Source & Generation – radiolysis and hydrolysis of Proterozoic rocks. Area rich in iron-oxide-copper- gold+uranium (IOCG) deposits • Seals & Traps – preservatio
Slide 5: Potentially Lower Cost Natural Hydrogen Plus Helium
Potentially Lower Cost Natural Hydrogen Plus Helium Certified Prospective Resource for natural Title over natural hydrogen & hydrogen with an unrisked Best Estimate of 1.3 For personal use only helium resource occurrences billion kilograms (see Slide 8) and unrisked Best and prospective areas Estima
Slide 6: Global Hydrogen Forecast
Global Hydrogen Forecast Substantial investment laying the foundation for Hydrogen use Global Hydrogen Demand by Sector, Net Zero Emissions For personal use only Target Scenario (Mt) 527 A$629B 31 Projected annual investment on 102 hydrogen projects in A$184B 2050 Projected annual 207 investment on
Slide 7: Types of Hydrogen Production
Types of Hydrogen Production Naturally occurring Hydrogen offers significant cost and / or carbon advantages relative to other Hydrogen production (manufacturing) processes For personal use only Gold Hydrogen is exploring for ‘gold’ or ‘white’ (natural) Hydrogen Gold / White Grey Black/Brown Blue Gr
Slide 8: Gold Hydrogen Prospective Resources (Using PRMS Guidelines)
Gold Hydrogen Prospective Resources (Using PRMS Guidelines) Certified Prospective Hydrogen Resources, existing discoveries and American Beach -1 Hydrogen Discovery Ramsay Oil Bore-1 drill ready hydrogen prospects (calculated volume not determined) Hydrogen Discovery Flowed 70% H2 @ 290m Flowed 84% H
Slide 9: Gold Hydrogen Prospective Resources (Using PRMS Guidelines)
Gold Hydrogen Prospective Resources (Using PRMS Guidelines) Certified Prospective Helium Resources, Ramsay Field (PEL 687 Yorke Peninsula) Unrisked Prospective Helium Resources, PEL 687 For personal use only Low Estimate Best Estimate High Estimate SPE-PRMS Sub-Class Category (Bscf) (Bscf) (Bscf) Pr
Slide 10: Why the Yorke Peninsula? Historical Discovery
Why the Yorke Peninsula? Historical Discovery For personal use only Table 1 – Shallow discovered natural hydrogen & associated gas compositions, Yorke Peninsula and Kangaroo, Island, SA Bulletin No. 22, Department of Mines, Geological Survey of South Australia, The Search for Oil in South Australia,
Slide 11: Ramsay Well on Existing Seismic Line Y82-A1
Ramsay Well on Existing Seismic Line Y82-A1 A B For personal use only Seismic to well tie in progress and not accurate. Wells are projected onto the line TWT (ms) A B Multiple reprocessing iterations – velocities not initially correct Gold Hydrogen Limited 11
Slide 12: Falcon AGG Survey
Falcon AGG Survey Completed mid 2023 For personal use only Tilt angle attribute from terrain corrected Predicted depth to basements from gravity. surface derived from magnetic data Total magnetic intensity reduced to the Terrain corrected gravity measurement. pole Lack of density contrast between li
Slide 13: Drill Program Preparation – Well Location & Land Access
Drill Program Preparation – Well Location & Land Access • Uncertainty on exact For personal use only historical bore location • End of an old seismic line • Working with landowner for minimal disturbance • Regulations – Petroleum Act but a hydrogen well • DEM in SA were fantastic to work with and en
Slide 14: Ramsay 1 and Ramsay 2 Wells Successfully Drilled Q4, 2023
Ramsay 1 and Ramsay 2 Wells Successfully Drilled Q4, 2023 • Excellent Contractors willing to work with us and supported us in obtained approvals For personal use only Savanna Energy (Rig) SLB (Cementing, Wireline, Mud Logging) Petro Lab (Gas samples) Coho Resources (Fluids) Baker Hughes &
Slide 15: Ramsay 1 and Ramsay 2 Wells: Technical Analysis
Ramsay 1 and Ramsay 2 Wells: Technical Analysis Ramsay 2 Ramsay 1 For personal use only Ramsay Limestones Siltstones/Limestones/ Minlaton Fm Unconformity? Evaporites Limestones Parara Limestones Cambrian Kulpara Fm Limestones (limestones) Kulpara Fm Dolomites (dolomites) Winulta Fm Siltstones/Sandst
Slide 16: Ramsay 1 and Ramsay 2 Wells: Hydrogen and Helium
Ramsay 1 and Ramsay 2 Wells: Hydrogen and Helium Ramsay 2 For personal use only Spikes in the continuous hydrogen log from the mud gas in Parara C limestones, related to hydrogen bearing fractures. Independent mud gas analysis confirms the hydrogen concentration measured by continuous mud gas logs C
Slide 17: What is Next…
What is Next… • Phase 1 well testing completed in April, significant learns and additional testing being planned. For personal use only • Hydrogen and Helium are different to oil and gas, well testing needed to be adaptive • Excellent well testing contractors Well Pro (CTU and Nitrogen) SGS (Flo
Slide 18: New Regional 2D Seismic - June & July
New Regional 2D Seismic - June & July For personal use only Existing seismic data is Ramsay 2DSS is very sparse and only the planned for June 2024 blue lines are available and consists of 658km for interpretation. The of modern 2D data red seismic lines are covering the Ramsay poorly imaged paper pr
Slide 19: Questions?
For personal use only Questions? Gold Hydrogen Limited 19