Echelon Resources Limited · ASX:ECH
Echelon Resources — NT Resources Week SEAAOC 2024
28 slides from Echelon Resources's conference presentation, Sep 19, 2024
Slide 1: NT Resources Week SEAAOC 2024
For personal use only Andrew Jefferies, Echelon CEO NT Resources Week SEAAOC 2024 19th September 2024
Slide 2: Disclaimer Notice
Disclaimer Notice For personal use only This pre sen tation contains summary information abo ut E ch el o n Re so ur ce s Li mi te d ( EC H or Company) and its activities • Dis tribut ion of pre sentation: This pre sen tation must not be distributed in any jurisdiction to the extent that its which i
Slide 3: Table of Contents
Table of Contents For personal use only 1 About Echelon: name change and who we are 4 2 At a Glance – where we are active 8 3 Amadeus overview 11 Additional Disclaimer Map not precisely to scale. Objects viewed on the left bit may appear a little smaller than they might really be. 19th September 202
Slide 4: Echelon Resources Limited
For personal use only Echelon Resources Limited (ASX:ECH) Echelon talks to: Our Rocks Our Values Our Role 19th September 2024 NT Resources week 2024 SEAAOC 4
Slide 5: Our Rocks
Our Rocks We are a science For personal use only driven company In geoscience, an ‘echelon’ refers to the repeated nature of features Sumatra like sedimentary formations, mountain ranges and fault lines. Indonesia Mahato PSC Cue Energy Resources 11.25% Our assets are in a range of jurisdictions with
Slide 6: Our Values
Our Values Clear Strategy For personal use only Regional Markets Aligned Prudently focus with upside with managed capabilities finances An efficient, cost-effective Wellington-based team Trusted by our stakeholders for our decisions, support and advice We spend efficiently on skills, tools and activ
Slide 7: Our Role
Our Role ‘Echelon’ in French means a rung in For personal use only a ladder, in our case an energy ladder. Like the rungs on a ladder, energy needs to be cost effective, secure and reliable. Energy systems bear the weight of Our standard Our health, Our food of living wealth and supply happiness Aff
Slide 8: At a Glance
For personal use only At a Glance
Slide 9: Financial Health: A Pillar of our Strategy
For personal use only Financial Health: A Pillar of our Strategy Operating cashflow up 11% to NZ$36.1m from $32.5m in FY23 Net profit after tax $3.9m Total dividends of AUD 4.5 cents per share Underlying NPAT excluding Kupe impairment was NZS15.4 million up 43% from the previous year. Profit of 1.7
Slide 10: For personal use only
For personal use only 19th September 2024 NT Resources week 2024 SEAAOC 10
Slide 11: Amadeus overview
For personal use only overview Amadeus
Slide 12: Amadeus Basin gas fields
Mereenie Gas Field • Discovered 1963 • Producing Oil since 1984 • Selling Gas since 2006 For personal use only • Acreage of 281km2 on two permits • 71 existing wells • Two production facilities • 2 new wells planned for FY2025 Palm Valley Gas Field • Discovered 1965 • Australian well test record 137
Slide 13: Why the Amadeus?
For personal use only Why the Amadeus?
Slide 14: Demand for Amadeus gas
For personal use only Demand for Amadeus gas …Lots 16/09/2024 AGM Presentation 2023 14
Slide 15: Northern Territory is a growing gas market short of gas!
Northern Territory is a growing gas market short of gas! For personal use only Australian energy mix, by state and territory, 2021–22 Australian energy consumption growth, selected states and territories Source: DCCEEW (2023) Australian Energy Statistics, Table C 19th September 2024 NT Resources wee
Slide 16: Northern Territory is a growing gas market short of gas!
Northern Territory is a growing gas market short of gas! For personal use only Forecast Northern territory demand shortage https://wa.aemo.com.au/-/media/files/gas/national_planning_and_forecasting/gsoo/2024/2024-gsoo-release-webinar.pdf?la=en 19th September 2024 NT Resources week 2024 SEAAOC 16
Slide 17: It's connected to the East Coast Market, also short of gas
It’s connected to the East Coast Market, also short of gas Southern States supply gap, PJ/year For personal use only Amadeus Graphic: Courtesy of Cooper Energy Data: AEMO 2024 Gas Statement of Opportunity 19th September 2024 NT Resources Week SEAAOC 2024 17
Slide 18: Demand at the cutting edge
For personal use only Demand at the cutting edge …Good for gas 16/09/2024 AGM Presentation 2023 18
Slide 19: South Australia is leading the onshore wind and solar charge
South Australia is leading the onshore wind and solar charge in Australia For personal use only Source: Department of Climate Change, Energy, the Environment and Water (2003) Australian Energy Statistics, Table O https://www.energy.gov.au/energy-data/australian-energy-statistics/data-charts/australi
Slide 20: What about when the wind don't blow and the sun don't shine?
What about when the wind don’t blow and the sun don’t shine? Even in South Australia, something else is needed to ‘keep the lights on’ For personal use only Mix by Time 19th September 2024 NT Resources week 2024 SEAAOC 20
Slide 21: GAS is a Three Letter Word for TRANSITION
GAS is a Three Letter Word for TRANSITION South Australia’s first 100% renewable day 11 October 2020 For personal use only renewable 100% Mostly gas Mostly gas Data Source: AEMO Graphic: IEEFA.ORG 19th September 2024 NT Resources week 2024 SEAAOC 21
Slide 22: Amadeus potential
For personal use only Amadeus potential …Unrealised 16/09/2024 AGM Presentation 2023 22
Slide 23: Amadeus, as big as the central North Sea
Amadeus, as big as the central North Sea For personal use only 19th September 2024 NT Resources week 2024 SEAAOC 23
Slide 24: Where you find porosity, you find hydrocarbons
Where you find porosity, you find hydrocarbons (mostly gas) For personal use only 19th September 2024 NT Resources week 2024 SEAAOC 24
Slide 25: It's got 2D Seismic only
It’s got 2D Seismic only For personal use only Mereenie Palm Valley Dingo 19th September 2024 NT Resources week 2024 SEAAOC 25
Slide 26: 2D vs 3D why does it matter?
2D vs 3D why does it matter? An Argentinian (Neuquén basin) example Australian Cooper basin example For personal use only 19th September 2024 NT Resources week 2024 SEAAOC 26
Slide 27: Amadeus Basin history: 1980 - 2023
Amadeus Basin history : 1980 - 2023 $150 Pre-1980 > 4,250 Km $45 For personal use only • Oil was targeted, $140 gas was found $130 $40 • The Amadeus has $120 $35 never had a $110 dedicated gas exploration $100 19802,790 Km $30 campaign AUS GAS (ASD/GJ) BRENT (USD/BBL) $90 • Infrastructure Johns tone
Slide 28: For personal use only
“We are building a great business by investing in For personal use only producing oil and gas assets in our region, selling into healthy markets that have a demand for ethical production. The world needs our energy. The time is right to invest in the growth of our producing assets.” Andrew Jefferies