Tlou Energy Ltd · ASX:TOU
Tlou Energy — Investor Presentation (June 2013)
22 slides from Tlou Energy's investor presentation, Jun 11, 2013
Slide 1: Southern African Unconventional Gas Specialist
For personal use only Southern African Unconventional Gas Specialist Tony Gilby, CEO June 2013
Slide 2: Important notice and disclaimer
Disclaimer Important notice and disclaimer For personal use only This presentation is prepared by Tlou Energy Limited (“Tlou” or the “Company”) and may contain forward-looking statements with respect to the financial condition, resources, assets and business of Tlou and certain plans and objectives
Slide 3: Southern Africa – A Unique Energy Investment Opportunity
Southern Africa – A Unique Energy Investment Opportunity Poised to Take Advantage of Favourable Operating and Commercialisation Dynamics For personal use only History of Identifying & Commercialising Gas Assets Southern Africa Founders of Tlou were pioneers in the highly D.R.C Tanzania successful
Slide 4: Investment Highlights
Investment Highlights Tlou’s Competitive Advantage For personal use only 1 Board and management team with successful track record Pioneers in Queensland CBM industry 2 Favourable operating and regulatory environment Low cost location combined with government initiatives supporting CBM developmen
Slide 5: Experienced Board and Management
Experienced Board and Management Proven Track Record of Success For personal use only Board Nathan Mitchell Anthony (Tony) Gilby Chairman Chief Executive Officer 17 years in resource exploration Geologist with 28 years industry experience CEO of Mitchell Group Co-founder and previous CEO of
Slide 6: Overview of Tlou's Projects
Overview of Tlou’s Projects Southern African Unconventional Gas Specialist For personal use only One of the most advanced unconventional Tlou’s Botswana Permits and Applications gas projects in Botswana ― 100% ownership of ~7,000km2 of granted CBM permits – Karoo Central and Karoo West ― Additiona
Slide 7: Significant Investment in Projects to Date
Significant Investment in Projects to Date Significant Drilling Activity, Particularly in Karoo Central For personal use only Continuous in-country activity since 2007 (1) Location and Selected Results Systematically acquired data through a programme of drilling and testing to characterise CBM p
Slide 8: Focus on Botswana
Focus on Botswana A Stable Fiscal Regime With Supportive Stakeholders For personal use only A favourable environment for resource investment – both Real GDP Per Capita 2011 in Africa and globally (US$) ― Stable multi-party democracy B o t s wa na 9 ,4 8 1 ― Investment friendly Government and fisca
Slide 9: Geological Prospectivity Confirmed
Geological Prospectivity Confirmed Coal Seams Display Attractive Features For personal use only Reservoir Distribution Cross Section – Karoo Central Area Wells intersect coals at depths of ~300-700m Cumulative net coal thickness averaging ~25m, and up to 35m in Chris/MDB to places provide horizo
Slide 10: Multi TCF Resource Base, Certified by NSAI
Multi TCF Resource Base, Certified by NSAI Potential to Expand Resource Certification Across Other Acreage For personal use only Multi TCF Resource Base Potential to Expand Resource Certification First CBM operator in Botswana to achieve Significant resource expansion potential a NSAI contingent
Slide 11: Established on the Ground Presence
Established on the Ground Presence Tlou has a Platform for Immediate Project Development For personal use only Personnel Infrastructure Experienced in-country management team Established a gas desorption laboratory and associated ― Well placed to identify, attract and retain skilled labour equip
Slide 12: First Mover Advantage
First Mover Advantage Oil & Gas Majors Also Active in Botswana For personal use only Botswana CBM Competitive Landscape Tlou and predecessors, Saber, have had continuous operations in Botswana since 2007 Major Oil & Gas companies have entered Botswana ― Less developed projects without contingent
Slide 13: Established Infrastructure Supports Commercialisation
Established Infrastructure Supports Commercialisation Opportunity Underpinned by Energy Infrastructure Network For personal use only Short-Term – Domestic Power Botswana Electricity Grid Tenements located in close proximity to existing power infrastructure ― Karoo Central approximately 120km from
Slide 14: Near-Term Local Commercialisation Strategy
Near-Term Local Commercialisation Strategy Botswana Domestic Gas to Power For personal use only Botswana Electricity Supply / Demand Estimate (MW) Botswana power demand outstripping supply ― Investment in generation required 1,200 ― Government focused on broadening fuel supply options, including g
Slide 15: Longer-Term Commercialisation Opportunity
Longer-Term Commercialisation Opportunity South African Energy Market – Addressing the Energy Shortage For personal use only South Africa Electricity Supply / Demand Estimate (MW) South African energy market under pressure to meet growing demand Chart assumes Eskom delivery on its committed 14,0
Slide 16: Potential Blue Sky Opportunities Throughout Southern Africa
Potential Blue Sky Opportunities Throughout Southern Africa Potential to be a Regional Leader in Unconventional Gas For personal use only Should the Botswana strategy prove to be successful, this will provide a stepping board into other regions where early stage positions are either being negotiated
Slide 17: Forward Work Programme
Forward Work Programme Clearly Defined Plan to Prove Up Gas Reserves For personal use only Tlou commenced drilling operations in May 2013 Work Programme Timetable (approx. 1 month after listing on ASX) 2013 2014 Clearly defined forward work programme, including: 1H 2H 1H ― Drilling of two horizo
Slide 18: Forward Work Programme: 2013 Horizontal Pilot Well Program
Forward Work Programme 2013 - Horizontal Pilot Well Program For personal use only The Horizontal Pilot Well Program commenced in May 2013. The program comprises of two horizontal pilot pods called Selemo and Lesedi. Six well program designed to deliver the first commercial gas flows and CBM rese
Slide 19: Shareholdings and Escrow
Shareholdings and Escrow For personal use only Escrow Shareholding Structure Majority of securities of Talon Metals and Board & Management subject to a mandatory escrow period of 24 months from quotation Shareholder Pre-Offer Pre-Offer Post-Offer Post-Offer Ownership (Millions) % of TSO (Millions)
Slide 20: Key Risks
For personal use only Key Risks
Slide 21: Key Risks Summary
Key Risks Summary For personal use only Tenure risk - There are conditions that Tlou must satisfy to maintain its prospecting licences in Botswana and special grants in Zimbabwe and to facilitate their conversion to mining permits. There is a risk that Tlou may not be able to satisfy these require
Slide 22: For personal use only
For personal use only