Finder Energy Holdings Limited · ASX:FDR
Finder Energy — Investor Presentation (April 2022)
20 slides from Finder Energy's investor presentation, Apr 8, 2022
Slide 1: Leading Oil and Gas Explorer
For personal use only Leading Oil and Gas Explorer Corporate Presentation | 6 April 2022 1
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer This presentation has been prepared by Finder Energy Holdings Limited (ACN 656 811 719) (Finder or Company) to provide summary information about Finder and its associated entities and their activities current as at the date of this presentation. The information contai
Slide 3: Investment Highlights
Investment Highlights For personal use only Diversified portfolio within prolific oil & gas 1 regions in the North West Shelf & North Sea North West Shelf Proven track record finding oil & gas and 2 closing high value industry deals 14,051 5 km2 Permits High impact exploration covering multiple 3 pl
Slide 4: Finder Energy Board and Key Management
Finder Energy Board and Key Management For personal use only Bronwyn Barnes Damon Neaves Shane Westlake Independent Chairman CEO/MD Technical Director Extensive career in the resources Over 18 years in leadership roles as Geophysicist with over 20 years’ sector, worked with companies an oil and gas
Slide 5: Why oil?
Why oil? “Investment in oil is an absolute must, even in the presence of fast energy transitions scenarios” For personal use only Rystad Energy, September 2021 Global oil supply remains challenged Liquid Supply vs Demand Forecast • Significant underinvestment in oil and gas Million barrels explorati
Slide 6: Track Record of Value Creation and Exploration Success
Track Record of Value Creation and Exploration Success Creating value early in the exploration cycle For personal use only Kanga-1 (NWS) • 17 year history of successfully executing farmout model (25+ transactions) Drilling May ‘22, • History of consistently achieving return on capital pre-drill, whi
Slide 7: Competitive Advantage
Competitive Advantage Finder’s proven competitive advantage is driven by: For personal use only 1. Data NWS Australia North Sea - UK • Industry leading seismic and well database • Capture new acreage / opportunities • Regional / portfolio based exploration 2. People • Subsurface expertise • Risk man
Slide 8: Australia - North West Shelf
Australia - North West Shelf NWS has produced AC/P-61 For personal use only Gem 50% >10 billion barrels oil equivalent Bonaparte Basin Finder Portfolio Statistics 5 14,051 km2 Permits Gross acreage Browse Basin • Strategically positioned in the most prospective areas in the NWS WA-547-P 1. along tre
Slide 9: High impact activity driving near term growth
High impact activity driving near term growth For personal use only Northern Carnarvon Basin Vulcan Sub-basin Phoenix Proven play – Oliver Phoenix South surrounded by Roc full-to-spill WA-542-P2 discoveries Audacious Dorado Mutineer Pavo Tenacious Exeter 2 x wells Apus Cash/Maple Jabiru Perseus Ange
Slide 10: WA-412-P (Finder 15%) – Kanga Oil Prospect
WA-412-P (Finder 15%) – Kanga Oil Prospect Kanga oil prospect with 170 MMbbl in proven play fairway Gross Prospective Resources For personal use only Oil (MMbbl)1 • Farmed out to SapuraOMV to drill Kanga-1 – drilling May ‘22 1U 2U 3U • Geological chance of success 36%1 63.5 170.1 372.5 • 3D defined,
Slide 11: AC/P (Finder 50%) – Gem Oil Prospect
AC/P 61 (Finder 50%) – Gem Oil Prospect Gross Prospective Resources • New 3D seismic acquisition high-grades Gem Prospect For personal use only Oil (MMbbl)1 • Proven play – surrounded by full-to-spill discoveries 1U 2U 3U • Geological chance of success calculated at 32%1 46.1 136.8 319.9 1. ERCE ITS
Slide 12: WA-547-P (Finder 100%) - Dorado Play Extension
WA-547-P (Finder 100%) - Dorado Play Extension Reinvestment in Basin Phoenix Favre For personal use only Phoenix • Strategic investment secures South material position along underexplored Dorado trend WA-542-P Dorado/Roc Pavo-1 (Nth) • Finder awarded highly 2C 422 MMboe 2C 43 MMboe sought after WA-5
Slide 13: UK – North Sea Portfolio
UK – North Sea Portfolio UK North Sea has produced For personal use only > 45 billion barrels oil equivalent Yew P2502 Key Portfolio Statistics 50% 5 1,918 km2 Licenses Gross acreage N • High quality portfolio in proven basins 50 km surrounded by giant oil fields P2317 Johan Svedrup Finder licences
Slide 14: UK – Infrastructure led exploration activity
UK – Infrastructure led exploration activity Central North Sea Northern North Sea For personal use only Claymore Tiffany Piper Sleipner Vest Magnus Athena Scapa Highlander Saltire Toni Tartan Balloch Thelma Utgard Utgard Sleipner MacCulloch Scott Galley Burghley Thistle Telford Balmoral Kinnoull Gre
Slide 15: Key Activities 2022-23
Key Activities 2022-23 For personal use only 2022 2023 WA-412-P Kanga-1 Commitment Well 15% Discretionary Well AC/P 61 Gem-1 50% Farmout Farmout Superbowl 3D WA-547-P Year 3 Seismic acquisition 100% Farmout Well Geophysics P2502 50% SW Heather Farmout resource Announcement P2524 Barracuda-1 40% Farm
Slide 16: Capital structure & use of funds
Capital structure & use of funds Capital Structure Unit Use of Funds (to 31 Dec 2023) A$m % For personal use only Shares on issue m 82.5 Project Costs Drilling 1.7 11.3 Shares issued at IPO m 75.0 Seismic 5.4 36.3 Total shares on issue post IPO m 157.5 Geoscience 4.3 28.6 Offer price per Share A$ $0
Slide 17: Investment Highlights
Investment Highlights For personal use only Strong Prized NWS & exploration Industry leading Kanga drilling Track record of North Sea potential NWS database commencing value creation portfolio covering multiple and expertise May 2022 plays 2020 Gem 3D acquisition 17
Slide 18: Appendix
For personal use only Appendix 18
Slide 19: Prospective Resources – NWS Australia
Prospective Resources – NWS Australia ERC Equipoise Pte Ltd (ERCE) – Independent Technical Specialist Report (ITSR), Evaluation Date 11 February 2022 For personal use only Unrisked Prospective Oil Resources (MMstb) Geological Permit Prospect Gross Net Chance of Success (%) 1U (Low) 2U (Best) 3U (Hig
Slide 20: For personal use only
For personal use only +61 8 9327 0100 info@finderenergy.com www.finderenergy.com 20
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