Qpm Energy Limited · ASX:QPM
Qpm Energy — Noosa Conference (November 2024)
14 slides from Qpm Energy's conference presentation, Nov 14, 2024
Slide 1: Noosa Conference Corporate Presentation
Noosa Conference Corporate Presentation David Wrench CEO PRESENTATION | November 2024 | ASX:QPM | qpmenergy.com.au
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer COMPANY DISCLAIMER: The information in this presentation is an overview and does not contain all information necessary for investment decisions. In making investment decisions in connection with any acquisition of securities, investors should rely on their own examina
Slide 3: QPM Energy and the Moranbah Gas Project
QPM Energy and the Moranbah Gas Project QPM operates an integrated energy business comprising gas production, processing and compression, gas supply and electricity generation. Significant production and reserves − 4 Petroleum Leases in the Moranbah area covering 490 km2 − Current production of ~30T
Slide 4: Moranbah Gas Project – Regional coal mine focus
Moranbah Gas Project – Regional coal mine focus MGP Compression Facility QPM’s infrastructure is located in the heart of the Northern Bowen Basin. We provide a unique way for coal mine operators to prevent flaring and venting of waste gas. GROWING EAST COAST GAS PRODUCER Page | 4
Slide 5: QPME’s strategy increasingly supported by…
QPME’s strategy increasingly supported by… Macroeconomic conditions for gas and firming power generation are supportive Federal and State government endorsement that gas has a critical role to play in energy transition AEMO has publicly stated that investment in gas supply and new generation is
Slide 6: QPME is building momentum….
QPME is building momentum…. Current Position Next 12 months Reserves / • 331PJ 2P reserves + 269PJ 2C Resources • Extensive upgrade of resource and production Resources databases • Targeting increase in reserves / resources first half 2025 • Regional consolidation opportunities Gas supply • 28-30TJ/
Slide 7: Gas supply and reserves…
Gas supply and reserves… Grow total gas supply Additional gas supply from 7 new Teviot Brook South SIS wells. Gas gathering system pressure reduction to increase gas supply and recovery from producing wells. Work with coal mine operators to secure additional third-party gas supply. Grow reserv
Slide 8: Sales development….
Sales development…. Develop additional peaking power generation capacity Federal and State Government acknowledgement that gas firming is critical to support energy transition. Lack of gas supply is constraining new gas-fired generation opportunities – QPM can solve this problem! Broaden gas sal
Slide 9: Financial performance….
Financial performance…. Increase earnings Greater sales revenue from increased gas production. Reduced key infrastructure costs (NQGP and TPS) from new contracts starting ~1 July 2025 Reduce gas field unit operating costs. GROWING EAST COAST GAS PRODUCER Page | 9
Slide 10: Queensland Electricity Market
Queensland Electricity Market Rooftop solar has changed the landscape of the Queensland and East Coast Australian Electricity Market Gas Firming Gas Firming Gas Firming Shoulder Period Peak Period Shoulder Period Gas turbines Solar Contribution to Power Generation MWh Wind Hydro Battery Coal Daytime
Slide 11: Gas Fired Generation Queensland
Gas Fired Generation Queensland The Queensland Government Energy Blue Print calls for 3GW of new, low-carbon gas fired generation Installed Gas Power Generation in QLD with Capacity >30MW Nameplate There are very few new gas fired projects in # Name Status Owner Fuel Type Capacity (MW) Queensland
Slide 12: TPS Dispatch Nov 2024
TPS Dispatch 7 Nov 2024 QLD NEM Prices + TPS Dispatch 7 Nov 2024 $18,000 240 TPS Electricity Generation (MW) $14,000 180 $10,000 120 $/MWh $6,000 60 $2,000 0 ($2,000) -60 QLD Price (LHS) TPS Dispatch (RHS) Source: AEMO, OpenNEM GROWING EAST COAST GAS PRODUCER Page | 12
Slide 13: QPME Electricity Revenue Nov 2024
QPME Electricity Revenue 7 Nov 2024 $400,000 $8,000,000 $350,000 $7,000,000 $300,000 $6,000,000 Cumulative TPS Revenue ($) $250,000 $5,000,000 $/5min interval $200,000 $4,000,000 $150,000 $3,000,000 $100,000 $2,000,000 $50,000 $1,000,000 $- $- -$50,000 -$1,000,000 5 min TPS NEM Revenue Cum TPS Reven
Slide 14: Company Snapshot
Company Snapshot Company metrics QPM share price – 12 months 0.07 Market Capitalisation A$90.8m 0.06 Debt1 $27.6m 0.05 Cash $27.3m 0.04 Enterprise Value $91.1 0.03 Shares Outstanding 2,520.8m 0.02 Options Outstanding 177.9m 0.01 Performance Rights 104.2m 0.00 1 – Relates to Dyno Nobel prepayment fac