Tlou Energy Ltd · ASX:TOU
Tlou Energy — Shareholder Meeting (November 2014)
21 slides from Tlou Energy's shareholder meeting presentation, Nov 6, 2014
Slide 1: 2014 AGM Presentation
2014 AGM Presentation Date: 6th November 2014
Slide 2: Disclaimer
Disclaimer Disclaimer Future performance This presentation (Presentation) has been prepared by Tlou Energy Limited (Tlou). The Presentation and This Presentation contains certain “forward-looking statements”. Forward looking words such as, “expect”, information contained in it is being provided to s
Slide 3: About Tlou Energy
About Tlou Energy Who we ASX listed coalbed methane (CBM) company are What CBM in Botswana we do Our Provide a clean and reliable energy Goal source to Botswana & southern Africa 3
Slide 4: Company Overview
Company Overview Market Cap: Share Price: $0.28 ~$41m (5 Nov 2014) 148m shares Operations: Acreage: Botswana 10 Permits 100% owned 4 pilot locations HQ: Brisbane ASX: TOU 4
Slide 5: Key Information
Key Information Lesedi CBM Project • Botswana’s most advanced • 100% owned and operated NSAI Certified Contingent Resources • 152 BCF (2C) • 2,322 BCF (3C) Significant market opportunity • High energy demand Location • Low cost • Supportive government 5
Slide 6: Experienced Team
Experienced Team Board of Directors Key In-Country Management Nathan Mitchell – Chairman •17 years in resource exploration •International Operational Experience •Pioneer of CBM drilling techniques Gabaake Gabaake – African Regional Manager •Geologist and former Botswana public servant •Strong govern
Slide 7: Botswana Field Operations
Botswana Field Operations ew TLOU ENERGY
Slide 8: Operational Focus
Operational Focus • ~8,300km2 • ~100 well database • Two pilots testing: o Selemo pod – Lateral o Mopani 2 – Vertical • Two pilots being completed: o Lesedi pod – Lateral o Lesedi 2P – Vertical 8
Slide 9: Lesedi Project
|. . 4 Lesedi Project ew TLOU ENERGY A Mamba Project Permits LEGEND Lesedi 2P 2014 core hole 2014 pilot well 2013 pilot well Existing core hole e (0) © e e Existing well © — 2011 Pilot well 4 Pilot pod area Tlou Field Camp 50km Lesedi CBM Project
Slide 10: Lesedi CBM Project Technical Fundamentals
Lesedi CBM Project Technical Fundamentals Coal depth ~300-700m Cumulative net coal thickness ~25m (Average) Gas contents 4-6 m3/t (DAF) (Average) Unstimulated reservoir ~2-5mD permeability per DST Gas compositions 75%+ methane 10
Slide 11: Horizontal Pilot Design
Horizontal Pilot Design • Horizontal wells (~750m in-seam) with vertical pumping well • Lesedi completed as a dual lateral • Selemo completed as a single lateral • Target Reservoir: Basal Morupule coal seam (~6m) 11
Slide 12: Production data - Nov 2014
Production data - 5 Nov 2014 Downhole Vertical well Pressure casing pressure Lateral well casing pressure 12
Slide 13: Production data - Nov 2014
Production data - 5 Nov 2014 Downhole Vertical well pressure casing pressure Swap out valve 13
Slide 14: Botswana Operations
Botswana Operations e TLOU ENERGY
Slide 15: Commercial opportunities
Commercial opportunities 15
Slide 16: Commercialisation Sequence
Commercialisation Sequence • Compressed Natural Gas (CNG) – proof of concept • Existing Orapa Power Station – 90MW Gas or Diesel • Proposed Power Station – 300MW Gas &/or Coal • Proposed export Existing Power Grid • 33kV close to Lesedi Project • 220kV to the east • 400kV Interconnect to neighbourin
Slide 17: Commercialisation
Commercialisation Proof of concept • Power local primary school via CNG • Kodibeleng township ~80km • Low capital cost Flow gas CNG at well site Truck CNG Power school 17
Slide 18: Independently Certified Contingent Resources (NSAI)
Independently Certified Contingent Resources (NSAI) Resource Statement Contingent Resource OGIP(2) Unrisked Gross (100 Percent) Unrisked Net (100 Percent) Category (BCF) (BCF) (BCF) • 152 BCF (2C) Contingent Resources Low Estimate (1C) (1) 0.0 0.0 0.0 • 2,322 BCF (3C) Best Estimate (2C) 303.5 152.2
Slide 19: Forward Plan
Forward Plan MOU for Reserve Expanded Reserve Flow gas program gas supply certification upgrade • Achieve • In progress • Target • Additional • Target commercial 1H 2015 pods based 2H 2015 rates on results 19
Slide 20: Tlou Energy Limited (ASX:TOU)
Tlou Energy Limited (ASX:TOU) Botswana CBM focus 148m shares Market Cap: ~A$41m Cash Balance: ~A$7.6m (Sept 2014) Certified Contingent Resources (NSAI) Supportive government & low cost location Pathway to commercialisation 20
Slide 21: Thank You
Thank You TLOU ENERGY