Emperor Energy Ltd · ASX:EMP
Emperor Energy — Investor Presentation (December 2024)
26 slides from Emperor Energy's investor presentation, Dec 18, 2024
Slide 1: Developing the Next Premier Gippsland Basin Gas Supply
For personal use only DEVELOPING THE NEXT PREMIER GIPPSLAND BASIN GAS SUPPLY THE JUDITH GAS FIELD (VIC/P47) OPPORTUNITY DECEMBER 2024 ASX: EMP
Slide 2: Disclaimer
Disclaimer This presentation is for the sole purpose of preliminary background information to enable recipients to review the business activities of Emperor Energy Limited ABN 56 006 024 764 (ASX: EMP). The material provided to you does not constitute an invitation, solicitation, recommendation or a
Slide 3: Company Profile (EMP.ASX)
Company Profile (EMP.ASX) Management EMPEROR ENERGY IS FOCUSED ON DEVELOPING ITS JUDITH GAS FIELD VIC/P47, STRATEGICALLY SITUATED IN THE GIPPSLAND BASIN, VIC. 9% 7.3% For personal use only BOARD & KEY CONSULTANTS Mr. Carl Dumbrell Director & Company Secretary 7.6% 25% Mr. Phil McNamara Director Inst
Slide 4: Rapid Production Decline on East Coast
Rapid Production Decline on East Coast VICTORIA GAS SUPPLY FORECAST TO FALL 48% BY 2028 • Gippsland, Otway, and Bass facilities face declining production capacity as legacy fields wind down For personal use only • Decommissioning at the Longford Gas Plant is already in motion, with Gas Plant 1 close
Slide 5: VIC/P47 Title Location
VIC/P47 Title Location SITUATED IN A PREMIER HYDROCARBON PROVINCE • Located 200km east of Melbourne; perfectly positioned to provide South-Eastern Australia with a new source of domestic gas For personal use only • Ability for direct connection to the 797km Eastern Gas Pipeline (EGP) that delivers g
Slide 6: Judith Gas Field Project Fundamentals
Judith Gas Field Project Fundamentals 100% OPPORTUNITY FOR SIGNIFICANT INCREASE IN SCALE • Project derisked by Judith-1 Discovery Well drilled 1989 • New 3D Seismic Acquisition in 2021 For personal use only • Detailed Seismic interpretation and AVO analysis completed EMP OWNERSHIP • Petrophysical ev
Slide 7: Emperor Energy
For personal use only EMPEROR ENERGY 7
Slide 8: Analysis Provides a Compelling Justification to Drill Judith-2 Well
Analysis Provides a Compelling Justification to Drill Judith-2 Well “ For personal use only Each time we experienced a drilling break from shales to sandstones within the range of target formations there were very strong gas shows irrespective of the heavily overweighted drilling fluid in use to sup
Slide 9: Updated Permeability Analysis a 'Game Changer'
Updated Permeability Analysis a ‘Game Changer’ SUBSTANTIAL IMPROVEMENT IN GAS MOBILITIES AND PERMEABILITIES BETTER ALIGN WITH VERY STRONG GAS SHOWS IN FOUR THICK SANDSTONE UNITS For personal use only Av. Permeability Av. Gas Zone Depth Interpretation Net Thickness Porosity % mD Saturation % Judith G
Slide 10: AVO-Modelled Mobile Gas
AVO-Modelled Mobile Gas ANALYSIS OF WORLD-CLASS 3D SEISMIC DATA INDICATES OPPORTUNITY FOR SIGNIFICANT INCREASE IN GAS FIELD SCALE For personal use only • In 2023, an additional independent AVO analysis was completed by recognised subject matter expert Jarrod Dunne • Analysis has been calibrated agai
Slide 11: Longtom-1 to Judith-1 to Kipper-1
Longtom-1 to Judith-1 to Kipper-1 JUDITH GAS BEARING SANDS CORRELATE WITH LONGTOM GAS FIELD For personal use only Judith 1 & 2 sands are well developed at Judith-1 compared to thin or poorly developed equivalent Longtom 500 sands at the Longtom Gas Field Longtom 400 is thin at Longtom compared to th
Slide 12: Judith-1 Flow Modelling Supported by High Longtom Flow Rates
Judith-1 Flow Modelling Supported by High Longtom Flow Rates INDICATING TWO PRODUCTION WELLS REQUIRED FOR A JUDITH GAS FIELD DEVELOPMENT • Modelling limited to 198 BCF of discovered 2C Contingent • Longtom-H3 flow tested in 2006 Gas Resource using results of revised 2023 petrophysical For personal u
Slide 13: Technical and Development Partnerships
Technical and Development Partnerships SUITE OF HIGHLY REGARDED TECHNICAL PARTNERS For personal use only SUMMARY Research and Provide independent Offer integrated support Leader in underwater Energy services Provides expertise in consultancy firm technical assessments across oil and gas acoustics, o
Slide 14: Investment and Strategic Partnerships
Investment and Strategic Partnerships STRATEGIC, ADVISORY-LED TRANSFORMATION SUBSTANTIAL INSTITUTIONAL PARTICIPATION IN PLACEMENTS For personal use only Full-service advisory, stockbroking, research & investment house, engaged to bolster efforts to MEMORANDUM OF UNDERSTANDING (MOU): secure strategic
Slide 15: History and Timeline to Judith-2 Drilling
History and Timeline to Judith-2 Drilling For personal use only EMPEROR ENERGY 15
Slide 16: Judith-2 Appraisal Well Objectives
Judith-2 Appraisal Well Objectives Increase Contingent Resource to +600 BCF • Drilling of Judith-2 in the Central Block is expected to convert the For personal use only existing 430BCF P50 Central Block Prospective Resource to 2C Contingent Resource • When combined with existing 198 BCF 2C Contingen
Slide 17: Well Funding Strategy
Well Funding Strategy Argonaut appointed as strategic financial advisor to assist in bringing in an investment consortium to drill the Judith-2 well and develop For personal use only the Judith Gas Field Argonaut to launch the strategic process in March 2025 initially targeting industry end users, c
Slide 18: Future Gas Strategy Drives Case for Investment
Future Gas Strategy Drives Case for Investment POISED TO SUPPLY SOUTHEASTERN AUSTRALIA WITH A NEW SOURCE OF GAS For personal use only https://www.industry.gov.au/sites/default/files/2024-05/future-gas-strategy.pdf EMPEROR ENERGY 18
Slide 19: Appendices
For personal use only Appendices EMPEROR ENERGY
Slide 20: Judith-2 Well Targeting additional BCF Contingent Resource
Judith-2 Well Targeting additional 430 BCF Contingent Resource SUMMARY OF CONTINGENT AND PROSPECTIVE RESOURCES Drilling of Judith-2 in the Central Block (Table 2) is expected to For personal use only increase the global Contingent Resource by 430 BCF P50. Unrisked Prospective Resources Greater Judit
Slide 21: Structural Configuration
Structural Configuration THE SHALLOWEST JUDITH RESERVOIR (JGS1) WAS INTERPRETED TO LONGTOM WHERE IT CORRELATED WITH THE LONGTOM 500 GAS SAND For personal use only EMPEROR ENERGY 21
Slide 22: Seismic Cross Section Judith-1 to Judith-2 Appraisal Well Location
Seismic Cross Section Judith-1 to Judith-2 Appraisal Well Location For personal use only EMPEROR ENERGY 22
Slide 23: Shuey Fluid Factor Judith Gas Sand
Shuey Fluid Factor Judith Gas Sand 2 • AVO map of Judith Gas Sand 2 shows lateral extent of gas For personal use only effect response across the Judith Gas Field. • The seismic cross section line shown in yellow was used for Jarrod Dunne’s analysis, EMPEROR ENERGY 23
Slide 24: Board / Management and Key Consultants
Board / Management and Key Consultants A WEALTH OF DIVERSIFIED EXPERTISE AT EMPEROR’S HELM Mr. Carl Dumbrell (B Com, M Tax) Mr. Phil McNamara (B Eng) Mr. Nigel Harvey (B Com) DIRECTOR & COMPANY SECRETARY DIRECTOR DIRECTOR For personal use only Carl Dumbrell is a Chartered Accountant Phil McNamara is
Slide 25: Gas unit abbreviations & conversions
Common natural gas unit abbreviations: Gas unit abbreviations Mscf = Thousand Cubic Feet For personal use only & conversions MMscf = Million Standard Cubic Feet BCF = Billion Cubic Feet TCF = Trillion Cubic Feet GJ = Gigajoule (metric measure of energy) TJ = Terajoule (metric measure of energy) PJ =
Slide 26: For personal use only
Qe ENERGY LIMITED Level 4, 55 York Street Sydney NSW 2000, Australia emperorenergy.com.au
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