ADX Energy Ltd · ASX:ADX
ADX Energy — Shareholder Meeting (May 2023)
13 slides from ADX Energy's shareholder meeting presentation, May 12, 2023
Slide 1: Reliable energy doesn't need to cost the earth
Reliable energy doesn’t need to cost For personal use only the earth Annual General Meeting Investor Presentation Ian Tchacos | Executive Chairman 12 May 2023 ASX: ADX adx-energy.com
Slide 2: Disclaimer Statement
Disclaimer Statement Important notice: This document has been prepared by ADX Energy Ltd (“ADX”) for the purpose of providing information to interested analysts, investors and shareholders. Any statement, opinions, projections, forecasts or other materials contained in this document do not constitut
Slide 3: A Unique Investment Proposition
A Unique Investment Proposition For personal use only ADX is a European energy producer and explorer • Increasing production and cashflow • Meaningful reserves growth from new discovery • World class gas exploration prospects • Value adding, complimentary renewable projects 336 boepd 5.9 mmbbl 2P 20
Slide 4: Corporate overview
Corporate overview Austria Oil & Gas Assets Austria Clean Energy Projects Financial information For personal use only Zistersdorf & Gaiselberg fields – 100% (production) Vienna Basin Green Hydrogen project – 100% Anshof oil discovery – 80% (production & development) Gmunden geothermal project – 100%
Slide 5: Our focus is on Austria - a hidden energy gem
Our focus is on Austria - a hidden energy gem A significant oil and gas industry >1 billion oil & 2.7 For personal use only Tcf of gas produced to date 75 Years oil & gas duopoly before ADX becoming the third operator in country (OMV, RAG, ADX) Energy Demand Unmet by local supply requires expensive
Slide 6: European gas prices & outlook
European gas prices & outlook 250.00 Prior to Russia-Ukraine conflict, Russian piped gas 100.00% supplied 30% of Europe’s demand 90.00% Gas deliveries from Russia reduced by 80% since Sept-22 Unreliable piped gas For personal use only Gas storage target (95% capacity filled by 13-Nov-22) 200.0
Slide 7: Production and Development
Production and Development Vienna Basin Fields (100% interest) Anshof Oil Project (80% interest) For personal use only Low emission, low decline production delivering Anshof-3 well in production 6 months after testing long term cash flow (approx. 250 boepd) performance confirms field potential
Slide 8: Upper Austria exploration licenses
Upper Austria exploration licenses A highly prospective, drill ready portfolio in the heart of Europe ADX License and Prospect Summary World-class Welchau gas prospect For personal use only 807 bcfe2 adjacent to the Molln-1 gas discovery that tested condensate “focus on gas and nearfield oil” rich g
Slide 9: Vienna basin green H2 project – why its worth pursuing
Vienna basin green H2 project – why its worth pursuing Availability of renewable electricity Vienna Basin Green Hydrogen Project Concept For personal use only Offer received for the supply of baseload renewable electricity for the pilot phase (21 GWh p.a.) Schematic Power grid access On-going discus
Slide 10: Complimentary renewable energy projects
Complimentary renewable energy projects For personal use only Green H2 project Green H2 project Solar power Gmunden pilot phase scaleup phase project geothermal project (Vienna Basin) (Vienna Basin) (Vienna Basin) (Upper Austria) Production & storage of green Production & storage of green H2 Generat
Slide 11: 2022 Highlights and 2023 Activities
2022 Highlights 2023 Activities Anshof Oil & Gas Discovery Sales Revenue Anshof field development drilling For personal use only - A$ 14.4 million (+59%) 2 new production wells (120 to 750 bopd) Upper Austria Exploration Operating Cash Flow Expansion - A$ 7.7 million (+85%) Welchau gas prospect dr
Slide 12: ADX role in European energy transition
ADX role in European energy transition Growth in Global Energy Demand Current role of conventional energy Oil & gas production could be around longer than expected Pace of Transition to Date For personal use only The transition to renewables is taking longer than expected Gas in EU is a legitimate t
Slide 13: Thank you
For personal use only Thank you For further information contact: Ian Tchacos Executive Chairman ian.tchacos@adxenergy.com.au Paul Fink Chief Executive Officer paul.fink@adx-energy.com Amanda Sparks Finance Manager & Company Secretary ASX: ADX amanda.sparks@adxenergy.com.au adx-energy.com