New Zealand Energy Corp. · TSXV:NZ
New Zealand Energy — Investor Presentation (September 2024)
15 slides from New Zealand Energy's investor presentation, Sep 5, 2024
Slide 1: Strategic Player in the Future of New Zealand Energy
Strategic Player in the Future of New Zealand Energy TSXV:NZ September 2024
Slide 2: Why New Zealand Energy Corp: Immediate Positive Cash-flow Opportunities
TSXV:NZ September 2024 WHY NEW ZEALAND ENERGY CORP Immediate Positive Cash-flow Opportunities Undeveloped known 6-10 month pathway A premium Reserves & Resources to new gas production gas market 6.88PJ (5.50 Bcf) gas of proved plus Restoration projects planned for low An isolated country with no gas
Slide 3: Capital Structure
TSXV:NZ September 2024 Ticker TSXV.NZ Capital Share Price* $0.88 Structure Market Cap* $13.2M Common Shares 14.99M Warrants Nil Options Nil Fully Diluted 14.99M Company is DIVIDEND oriented first, growth second Convertible Debt $2.5M (CAD) Spot Gas price in NZ is NZ$14/GJ (C$11.50/GJ) SHAREHOLDER DI
Slide 4: A Proven Track Record of Success
TSXV:NZ September 2024 NEW ZEALAND ENERGY TEAM A Proven Track Record of Success Responsible appraisal & development of over 1 billion barrels James Willis Frank Jacobs Robert Bose Mike Adams Jason Peacock Chairman Director Director Director & COO Operations GM Former Bell Gully partner NZEC largest
Slide 5: New Zealand's Oil Province of Taranaki
TSXV:NZ September 2024 THE REGION New Zealand’s Oil Province of Taranaki New Plymouth Office Flagship Tariki Project 2024 objectives: Tariki Gas Field Stage 1 - Redevelop Gas Field with Tariki-5 well in Q2 2024 Stage 2 – Convert to Gas Storage Project for first injection in Q4 2025 Waihapa Oil field
Slide 6: A Fully Stacked Portfolio
TSXV:NZ September 2024 ASSETS & INFRASTRUCTURE A Fully Stacked Portfolio Tariki Undeveloped Gas Reserves Exploration Tikorangi Oil Waihapa/Ngaere Gas Storage Project Existing Tikorangi Oil Field Appraisal – Shallower Mt Messenger Oil – (Waihapa-G plus others) Appraisal – Kapuni Group Gas Copper Moki
Slide 7: Construction For Production
TSXV:NZ September 2024 PROVISIONAL 2024 ACTIVITY PLAN Construction For Production 1. Copper Moki-A 100% 2. Tariki-5 50% 3. Waihapa 50% APR/MAY 2024 JUN/JUL 2024 APR/MAY 2024 Restore Site to Production Gas Development H1 Clean Out Workover CM-1 with Rig Drill Well to develop 6.9 PJ of gas Clean out o
Slide 8: Tariki-5 $50M
TSXV:NZ September 2024 NZEC’S FLAGSHIP PROJECT Tariki-5 Tariki Sandstone Structure Cross Section Trajectory Tariki-2C Tariki-5 RevA0 Reserves Summary Tariki-2A 3.2 6.9 1P 2P PJ* PJ* Tariki-D1 Tariki-2B Tariki-4 $50M * Pre-Tax 2P Undiscounted Net Cashflow (NZD) 1 Tariki-4A Tariki-5 Tariki-1A RPS fore
Slide 9: First Year Cashflow Operation per Share
TSXV:NZ September 2024 First Year Cashflow Operation per Share Cashflow per Month Equity Financing Cashflow Parameters Gas Gross Revenue (NZD) $5,400,000 Condensate Price 70.00 US$/BBL Condensate Revenue (NZD) $2,116,800 Gas Price 9.00 NZ$/MCF Gross revenue to JV (NZD) $7,516,800 Operating Costs and
Slide 10: Tariki-5 Gas Development – Financials
TSXV:NZ September 2024 2024 ACTIVITY PLAN Tariki-5 Gas Development – Financials Tariki-5 Gas-Condensate Project (Stage 1) ▸ 2P Production via Early Production System Commencing Sep/Oct 2024 ▸ Gas ~8.5 mmscf/d (i.e. 9 TJ/day ) gross (100% share) ▸ Condensate 255 stb/d gross (100% share) ▸ 1.5 PJ and
Slide 11: Tariki-5 Forecast Production
TSXV:NZ September 2024 PROJECTIONS Tariki-5 Forecast Production Well expected to produce: >10 MMscf/d for the first 6 months (facility constrained) 20 > 20 MMscf/d >20 MMscf/d Thereafter from April 2025 onwards 15 High Condensate rates initially of: 300 bbls initially with a total of 600 bbls after
Slide 12: Tariki-1 Historic Production
TSXV:NZ September 2024 PROOF OF CONCEPT Key Stats Tariki-1 Historic Production Gas Production Oil Production Gas Production Water Produced 49.5B Cubic Feet of Gas Oil Production 1.8M Barrels of Crude Oil Production Period 11.8 yrs In Production Production Uptime 85.2% 12 of Available Hours Were in P
Slide 13: Production Upside Potential ($NZD)
TSXV:NZ September 2024 2024 ACTIVITY PLAN Production Upside Potential ($NZD) $ $CAD to $NZD = $0.80 Copper Moki-2 100% Waihapa-H1 50% Tariki-TBA (Tikorangi) 50% Waihapa-6A 50% Waihapa-G 50% 0.7 Month 0.3 Month 3.3 Months 5.5 Months 2.5 Months 58 Pay Back Period $100k 292 Pay Back Period $125k 467 BO
Slide 14: Cautionary Notes
TSXV:NZ September 2024 Cautionary Notes FORWARD-LOOKING INFORMATION This document contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively “forward-looking statements”). The use of any of the words “will”, “obje
Slide 15: For more information please contact
TSXV:NZ For more information please contact: info@NewZealandEnergy.com NewZealandEnergy.com
New Zealand Energy — Investor Presentation (September 2024) on 6ix