Adx Energy Ltd · ASX:ADX
Adx Energy — Investor Presentation (April 2023)
16 slides from Adx Energy's investor presentation, Apr 27, 2023
Slide 1: Reliable energy doesn't need to cost the earth
Reliable energy For personal use only doesn’t need to cost the earth Investor Presentation Ian Tchacos | Executive Chairman 27 APRIL 2023 ASX: ADX adx-energy.com
Slide 2: Disclaimer Statement
Disclaimer Statement Important notice: For personal use only This document has been prepared by ADX Energy Ltd (“ADX”) for the purpose of providing information to interested analysts, investors and shareholders. Any statement, opinions, projections, forecasts or other materials contained in this doc
Slide 3: Who are we and what we offer
Who are we and what we offer Our ESG ADX Energy Ltd (ADX) is an ASX listed For personal use only A sustainable environment Commitment though emissions reduction, innovation energy company focused on Europe and participation in green projects • We produce safe, long life and low emissions oil and gas
Slide 4: Corporate overview – European focussed energy Company
Corporate overview – European focussed energy Company For personal use only Austria Oil & Gas Assets Austria Clean Energy Projects Financial information Zistersdorf & Gaiselberg fields – 100% (production) Vienna Basin Green Hydrogen project – 100% Anshof oil discovery – 80% (production & development
Slide 5: Investment Thesis – three pillars to the business
Investment Thesis – three pillars to the business Production from long-life fields Exploration: prospect rich Renewable Energy pipeline For personal use only in the Vienna basin and reserves acreage in Upper Austria with near of projects leveraging existing assets growth from Upper Austria term deve
Slide 6: 2022 Highlights
2022 Highlights For personal use only Sales Revenue Summary of Austrian Activities - A$ 14.4 million (+59%) Operating Cash Flow Anshof Oil Anshof Oil Vienna Basin Anshof Welchau - A$ 7.7 million (+85%) & Gas Test Solar Reserves Prospect Discovery 132 BOPD Feasibility Review Farm-in Development Capex
Slide 7: Focus on Austria - ADX position in a hidden energy gem
Focus on Austria - ADX position in a hidden energy gem For personal use only 75 Years >1 billion barrels 2.7 Tcf Oil & gas duopoly before ADX of oil produced to date of gas produced to date 3D seismic Energy Demand extensive proprietary Unmet by local supply access in Upper Austria requires expensiv
Slide 8: European gas prices & outlook
European gas prices & outlook 250.00 ▪ Prior to Russia-Ukraine conflict, Russian piped gas 100.00% For personal use only supplied 30% of Europe’s demand 90.00% ▪ Gas deliveries from Russia reduced by 80% since Sept-22 Unreliable piped gas ▪ Gas storage target (95% capacity filled by 13-Nov-22) 200.0
Slide 9: Vienna Basin Oil and Gas Fields (100% operated interest)
Vienna Basin Oil and Gas Fields (100% operated interest) For personal use only ✓ Low decline, long life production delivering strong cash flow Production Well work operations at ADX Vienna Basin Fields over operations ✓ Low emission production from state of the art facilities ✓ Ownership of 13.7 hec
Slide 10: Anshof oil field development (80% operated interest)
Anshof oil field development (80% operated interest) Anshof field map For personal use only ▪ Anshof-3 oil well spud 12 months after licence award Commercial production 9 months after discovery Fast track development wells ▪ Independently Reviewed Reserves NPV8 EUR 42.3 million 1, 2 targeting high p
Slide 11: Upper Austria exploration licenses
Upper Austria exploration licenses - highly prospective, drill ready portfolio in the heart of Europe For personal use only ADX License and Prospect Summary 1022 Combined licence acreage “focus on gas and nearfield oil” km2 (ADX-AT-I & ADX-AT-II) adjacent to infrastructure 50% High chance of success
Slide 12: Welchau Prospect – new big gas potential for Europe
GiantWelchau Welchau Prospect – new big gas potential for Europe Gas Prospect Anticline Showing Mapping based on Surface Geology Surface expression of anticline with 23 X Section of Welchau Gas Prospect and 1989 Molln-1 well test For personal use only km lateral extension and 100 km2 area Molln -1 h
Slide 13: Vienna basin green H2 project – why its worth pursuing
Vienna basin green H2 project – why its worth pursuing For personal use only Availability of renewable electricity Vienna Basin Green Offer received for the supply of baseload renewable electricity Hydrogen Project Concept for the pilot phase (21 GWh p.a.) Schematic Power grid access On-going discus
Slide 14: Complimentary renewable energy projects
Complimentary renewable energy projects For personal use only Green H2 project Green H2 project Solar power Gmunden pilot phase scaleup phase project geothermal project (Vienna Basin) (Vienna Basin) (Vienna Basin) (Upper Austria) Production & storage of green Production & storage of green H2 Generat
Slide 15: Planned 2023 activities
Planned 2023 activities For personal use only Anshof field development drilling 2 new production wells Welchau prospect drilling Welchau-1 spudding in Q3 2023 Further farm-in transactions Funds for additional drilling activity Portfolio development Anshof-3 production well Prospect generatio
Slide 16: Thank you
For personal use only Thank you For further information contact: Ian Tchacos Executive Chairman ian.tchacos@adxenergy.com.au Paul Fink Chief Executive Officer paul.fink@adx-energy.com Amanda Sparks Finance Manager & Company Secretary ASX: ADX amanda.sparks@adxenergy.com.au adx-energy.com