Blue Energy Limited · ASX:BLU
Blue Energy — MST Access Australian Micro & Small Caps Conference 2021
18 slides from Blue Energy's conference presentation, Jun 16, 2021
Slide 1: Presentation to MST Access Australian Micro & Small Caps Conference
For personal use only Presentation to MST Access Australian Micro & Small Caps Conference 16th June 2021
Slide 2: Legals: Disclaimer and Competent Person Statement
Legals For personal use only Disclaimer This presentation may contain forward looking statements that are subject to risk factors associated with the gas and energy industry. It is believed that the expectations reflected in the statements contained within are reasonable, but they may be affected by
Slide 3: Why Invest in Blue?
Why Invest in Blue? For personal use only • Blue has large gas reserves and resources in key basins (4,000+ PJ). • Blue has executed gas supply Heads of Agreements to supply over 500 PJ of gas on long term basis (to Origin and EnergyAustralia). • New gas supply focus is endorsed by Govt, Manufacture
Slide 4: "Gas Led Recovery" Focus
“Gas Led Recovery” Focus New Gas Supply For personal use only Three basins constitute the Federal Government’s KEY NEW Gas supply basins 1. North Bowen Basin Blue has 3,000 PJ* of Gas Resources (and 2P reserves) 2. Galilee Basin Blue has 830 PJ* of Gas Resources 3. Beetaloo and Greater McArthur Basi
Slide 5: Blue has positions in the KEY Basins
Blue has positions in the 3 KEY Basins For personal use only 3 NATURAL GAS - Reliable, Dispatchable, Sustainable, ESSENTIAL
Slide 6: Government's role in developing these Gas Basins
G overnment ’s rol e in developing these Gas Basins For personal use only • Northern Australian Infrastructure Fund (NAIF) • Loans for construction of gas pipeline infrastructure • Direct ownership of the pipelines by State and Federal Government • Much of the existing gas infrastructure was built a
Slide 7: Blue's Bowen gas can provide long term reliable supply
B l u e ’s B o w e n g a s c a n p r o v i d e long term reliable supply For personal use only 2,700 PJ* (net to Blue) of marketable gas resource in these three blocks * See pages 12 and 13 for Listing Rule 5 Disclosure 5 NATURAL GAS - Reliable, Dispatchable, Sustainable, ESSENTIAL
Slide 8: Control our Destiny
Control our Destiny For personal use only Gas Producer Gas Sale Agreement/Term Sheet Gas end User GSA de-risks project for pipeliner Abundant Capital exists to fund infrastructure projects (Both Private and Public) Pipeline Builder and Owner Public or Private 6 NATURAL GAS - Reliable, Dispatchable,
Slide 9: Critical Pathway to monetisation
Critical Pathway to monetisation For personal use only • Gas Sale Agreements for Blue‘s 3,000 Pj Gas resource in the Bowen • Blue executed Heads of Agreement with EnergyAustralia - December 2020 • 10 PJ per annum over 10 years –100PJ Contract Volume • Delivered at Wallumbilla Hub • Blue executes Hea
Slide 10: What differentiates Blue
What differentiates Blue • Small nimble organisation and low cost Operator For personal use only - Low overhead/corporate costs and efficient • Experienced management • Domestic and global E&P experience • 100% ownership and Operator - No Joint Venture issues – in control of destiny • Acreage positi
Slide 11: Catalysts
Catalysts For personal use only • More Gas Sales Agreements for north Bowen Gas • So far committed 17% of Blue’s 3,000 Pj Gas resource • Federal Governments Integrated Gas Infrastructure Plan (IGIP) • Expected to identify key gas infrastructure in the North Bowen Basin • Recommencement of Northern T
Slide 12: Australia without Natural Gas
Australia without Natural Gas For personal use only 1. Renewables will struggle to meet 24/7 need for electricity with “Demand Management” rolled out and energy intensive industries move offshore 2. Electricity grid stability will decline further – brownouts will result and household solar feed in w
Slide 13: Gas is critical for Australia
Gas is critical for Australia Hundreds of thousands of jobs rely on gas For personal use only 6.5 million Australian homes use gas for heating/cooking ~13,000 MW gas fired electricity generation - instant back up for solar/wind Agriculture : Fertiliser Industrial use : Glass making Brick making Wast
Slide 14: ..and without gas the Duck becomes a Black Swan
..and without gas the Duck becomes a Black Swan (brown out central) For personal use only Increasing asynchronous renewables require more variable baseload input - need gas fired generation “The Duck “ 12
Slide 15: ...and voila!!! on a typical winter's morning with no wind
…and voila!!! on a typical w inter ’s morning w ith no w ind…like yesterday! For personal use only Tuesday 15th June 2021 07:15 hrs Tuesday 15th June 2021 08:05 hrs Tuesday 15th June 2021 08:40 hrs 12
Slide 16: Reserves and Resources
Reserves and Resources For personal use only Permit Block Date Method Certifier 1P 1C 2P 2C 3P (PJ) 3C (PJ) (PJ) (PJ) (PJ) (PJ) ATP854P Whole Permit 30/06/2012 SPE/PRMS NSAI 0 22 0 47 0 101 ATP813P Whole Permit 29/10/2014 SPE/PRMS NSAI 0 0 0 61 0 830 ATP814P Sapphire 5/12/2015 SPE/PRMS NSAI 0 66 59
Slide 17: Reserves and Resources: Listing Rule Disclosure
Reserves and Resources For personal use only • Listing Rule 5 Disclosure •The estimates of reserves and contingent resources noted throughout this Presentation has been based on and fairly represents information and supporting documentation prepared and provided by Mr John Hattner of Netherland, Sew
Slide 18: Natural Gas - Reliable, Dispatchable
For personal use only NATURAL GAS - Reliable, Dispatchable, 18 Sustainable, ESSENTIAL
Blue Energy — MST Access Australian Micro & Small Caps Conference 2021 on 6ix