Chariot Limited · LSE:CHAR
Chariot — Proactive One2One Investor Forum (January 2021)
15 slides from Chariot's conference presentation, Jan 14, 2021
Slide 1: Proactive One2One Investor Forum
Proactive One2One Investor Forum
Slide 2: Disclaimer and forward looking statements
Disclaimer and forward looking statements These Presentation Materials do not constitute or form part of any invitation, offer for sale or subscription or any solicitation for any offer to buy or subscribe for any securities in the Company nor shall they or any part of them form the basis of or be r
Slide 3: Executive Team
Executive Team ADONIS POUROULIS PIERRE RAILLARD Acting Chief Executive Officer Morocco Country Director Adonis, one of the founders of Chariot and is a Pierre brings to Chariot over 25 years’ operational mining entrepreneur whose expertise lies in the and management experience in the energy discover
Slide 4: Recent News
Recent News 7 September 2020 - Resource 5 October 2020 – Gas Market 28 October 2020 - Financing 14 December 2020 – Further Upside 4
Slide 5: Plan for 2021 – Building an African Energy Transition Group
Plan for 2021 – Building an African Energy Transition Group Transitional Power Transitional Gas Positive Impact 5
Slide 6: Transitional Gas - Lixus Offshore – Anchois Gas Project
Transitional Gas - Lixus Offshore – Anchois Gas Project SPAIN Since licence was awarded in May Rissana Chariot Mediterranean 2019, Chariot has completed the Atlantic Ocean Morocco following work: GME MOROCCO Lixus • 3D Seismic PSDM reprocessing ALGERIA Larache • Independent Resource Assessments M21
Slide 7: Resources
Resources Anchois-1 Appraisal CONTINGENT RESOURCES PLIOCENE Exploration potential MIOCENE Proven fault block, in Pliocene under A&B Sand Exploration drilled by the evaluation Appraisal sidetrack discovery well (~2C) well option A Sand 115 Bcf Gas identified on PSDM in additional +128 Bcf B Sand 247
Slide 8: Development Plan
Development Plan • Pre-FEED: Subsea-to-Shore Concept • Development possible with existing conventional technology: • Subsea wells • 40 km flowline plus control umbilical Onshore Central Processing Facility • Onshore gas processing facility • Export of processed gas to market via GME pipeline • Allow
Slide 9: Gas Market
Gas Market • Morocco’s primary energy demand is Portfolio, Gas Infrastructure SPAIN growing and with >96% imported & Gas Sales Options Pipelines • Gas has been a growing component of 1 Power Planned Pipelines 3 Chariot 3D Seismic the power generation mix, as part of 2 Industry Existing CCGT the nati
Slide 10: Financing
Financing Multi- Lateral Lending Agencies Sovereign Partnering Wealth Funds Financing Reserves Nordic Based Bonds Lending Moroccan Banks 10
Slide 11: Further Upside - Capturing Prospective Acreage
Further Upside - Capturing Prospective Acreage LIXUS OFFSHORE PORTFOLIO Lixus Offshore Portfolio: 2C & 2U Resources (Bcf) 3D Seismic, Bathymetry, Discoveries, Leads & Prospects 4000 3D PSDM coverage 3000 LIXUS 2000 OFFSHORE 1000 0 Anchois Anchois Anchois Other Lixus Prospects in Contingent Prospecti
Slide 12: Existing Exploration & Production Portfolio
Existing Exploration & Production Portfolio MOROCCO BRAZIL Anchois Gas Development 361 Bcf 2C & Material drill-ready portfolio ~1.5 Bbbls 2U 690 Bcf 2U Growth through Low-Risk Exploration 1.8+ Tcf 2U • Operator, high working interest, no commitments Attractive gas pricing 8-11 $/MMbtu • Equatorial b
Slide 13: Time for a Transition
Time for a Transition FINANCIAL TIMES Bloomberg Investors electrify South African banks’ South Africa Sees Eskomat Zero sustainability push Carbon Emissions Only by 2050 Green shift has profound implications for financing the region's energy projects For all the talk of recoveries and bouncebacks, C
Slide 14: Value Accretive New Ventures
Value Accretive New Ventures NEW VENTURES - Criteria NEW VENTURES – Focus on Africa Chariot Portfolio Chariot Historic Interest Executives Experience Responsive to ESG Scalable Projects Playing to Our Strengths 14
Slide 15: Chariot in Summary
Chariot in Summary NEW TEAM TRANSITIONAL POWER NEW VISION NEW TRANSITIONAL VALUES GAS Creating value and delivering positive change through investment in projects that are driving the energy revolution 15
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