Elixir Energy Limited · ASX:EXR
Elixir Energy — Shareholder Meeting (October 2023)
29 slides from Elixir Energy's shareholder meeting presentation, Oct 16, 2023
Slide 1: Annual General Meeting 2023
For personal use only ANNUAL GENERAL MEETING 2023 16 October 2023 ASX:EXR
Slide 2: Introductions to The Board
Introductions to The Board For personal use only Richard Cottee Former Managing Director of CSG focused Queensland Gas Corporation Non-Executive Chairman (QGC), taking it from market cap of $20M to $5.7B Other former CEO positions include CS Energy, NRG Europe & Central Petroleum Neil Young Former B
Slide 3: Introduction
Introduction For personal use only Vicky Allinson The Company’s CFO and company secretary since 2019. Andrew Tickle The Company’s new BDO Audit partner 3
Slide 4: Agenda
AGENDA For personal use only 1. Chairman’s address 2. Business of the meeting 3. Resolutions 4. Formal close of meeting 5. MD Presentation 6. Questions 4
Slide 5: Chairman's Address
1. For personal use only Chairman’s Address 5
Slide 6: Business of the meeting
2. For personal use only Business of the meeting 6
Slide 7: Resolutions and Proxy Results
Resolutions and Proxy Results For personal use only 7
Slide 8: Formal Close
For personal use only 4. Formal Close 8
Slide 9: Formal close
Formal close For personal use only Please complete your voting card 9
Slide 10: MD's Presentation
5. For personal use only MD’s Presentation 10
Slide 11: Company Overview
For personal use only i. Company Overview 11
Slide 12: Macro Overview
Macro Overview For personal use only 1 2 3 Oil and gas Security of supply Location, Location Prices & animal spirits Australia & Mongolia Close to markets • Oil & gas prices very strong • Ukraine war showed value of • Elixir’s assets located close to security of supply infrastructure • Energy transi
Slide 13: Capital Structure / Board
Capital Structure / Board For personal use only Capital Structure Board of Directors Capital Structure Current Richard Cottee Non-Executive Chairman Number of Shares 1,029 million Former Managing Director of CSG focused Queensland Gas Corporation (QGC), taking it from market cap of $20M to Performan
Slide 14: Grandis Gas Project
For personal use only Grandis Gas ii. Project 14
Slide 15: Project Location
Project Location For personal use only Elixir to Spud Daydream-2 Appraisal Well due to spud within a month • The Grandis Gas Project is very well located in the southern Taroom Trough (TT) • Market factors are now driving new rounds of drilling in the TT, including by Majors: – The rapidly growing d
Slide 16: An Emerging Energy Super Basin
An Emerging Energy Super Basin For personal use only • Wood Mackenzie’s Energy Super Basin concept: – “Super basins are the future” – ”The future is upstream co-located with low carbon” – “These are basins with the co- location of upstream hydrocarbons, clean electricity, standalone and/or hub scale
Slide 17: Taroom Trough
Taroom Trough For personal use only Home to several majors, the Taroom Trough hosts material discovered and potential gas resources • Shell: “The estimate of recoverable hydrocarbons in this reservoir across ATP 645 in the area coveredATP Straightened by2044 PCA 1 (305), on PCA 305 an unrisked P50 b
Slide 18: Grandis Gas Project Timeline
Grandis Gas Project Timeline For personal use only CY2023 CY2024 3Q2023 4Q2023 1Q2024 2Q2024 SLB Rig Commitment Well Planning and Preparation Drill Daydream-2 1 2 3 Post Drill Analysis 4 Integrity Testing and Pre-stimulation Optimisation 5 Stimulation and Completion (TBC) 6 7 1 Spud of Daydream-2 ap
Slide 19: Nomgon CBM PSC
For personal use only . iii Nomgon CBM PSC 19
Slide 20: CBM Asset Overview
CBM Asset Overview For personal use only Elixir’s foundation asset – the 100% owned Nomgon IX Coal Bed Methane (CBM*) Production Sharing Contract (PSC) project in the South Gobi region of Mongolia Highly experienced CSG team – first mover in taking Australia’s industry leading skills to Mongolia Loc
Slide 21: Extended Pilot Production Test
Extended Pilot Production Test For personal use only Aim • Dewater coals and flow gas from the Nomgon CBM discovery • Provide proof of concept for commercial development • First extended production test in Mongolia • Growing cooperation with other Operators Wells • Initial 2 production wells drilled
Slide 22: Gobi H2
For personal use only iv. Gobi H2 22
Slide 23: Gobi H2 Overview
Gobi H2 Overview For personal use only Elixir’s longstanding experience in Mongolia’s energy sector and stakeholder engagement with Governments and customers, has provided a strong foundation for the Gobi H2 Project • Gobi H2 is Elixir’s green hydrogen project (i.e. one where hydrogen is produced fr
Slide 24: Highlights, Disclaimer and Appendix
For personal use only Highlights, v. Disclaimer and Appendix 24
Slide 25: Corporate Highlights
Corporate Highlights For personal use only High impact Daydream-2 Mongolia’s first CBM pilot Key catalysts due this FY – appraisal well due to spud production project ongoing adding material resources and imminently de-risking Highly experienced teams in Ukraine war and growing Strong balance sheet
Slide 26: Important Notice & Disclaimer
Important Notice & Disclaimer For personal use only This document has been prepared by Elixir Energy Limited (ABN 51 108 230 995) (“Elixir”) in connection with providing an overview of its business to interested analysts/investors. This presentation is being provided for the sole purpose of providin
Slide 27: Appendix
Appendix For personal use only Methodology: The estimate of Prospective Resource was compiled by Elixir’s Chief Geoscientist, Mr Greg Channon, who has completed a detailed and formal report on the prospective resources in ATP 2044. The work was undertaken in accordance with the Society of Petroleum
Slide 28: Questions
For personal use only 6. Questions 28
Slide 29: Questions
QUESTIONS For personal use only www.elixirenergy.com.au