Galilee Energy Limited · ASX:GLL
Galilee Energy — Galilee Basin Coal and Energy Conference 2011
14 slides from Galilee Energy's conference presentation, Nov 23, 2011
Slide 1: Glenn Haworth CEO
For personal use only Glenn Haworth CEO This presentation may contain forward looking statements that are subject to risk factors associated with oil and gas businesses. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a variety of variabl
Slide 2: Creating a hydrocarbon energy company
Creating a hydrocarbon energy company For personal use only A well funded Brisbane based hydrocarbon energy company with coal Shareholdings – 30 September 2011 Name No of shares % of shares seam gas tenements in the Galilee Basin. Becamel Pty Ltd 25,643,142 16.85 Ecarlate Pty Ltd 18,342,608 12.06 Ek
Slide 3: Experienced oil and gas team in place
Experienced oil and gas team in place For personal use only Board Key executives Steve Koroknay, Chairman Glenn Haworth, Chief Executive Officer +30 years experience in international resources industry +20 years experience in international oil and gas sector Technical, operational and managerial rol
Slide 4: Exploring a large-scale coal seam gas project
Exploring a large-scale coal seam gas project For personal use only Strategy Mid term - Deliver coal seam gas Demonstrate commerciality Establish Proved & Probable Gas Reserves (2P) Supply natural gas to Queensland Short term – Acquire cash flow Acquire oil and gas projects to provide positive cash
Slide 5: Exploration in the Galilee Basin
Exploration in the Galilee Basin For personal use only Chronology Pre-competitive Pre- Stratigraphic wells 70s Geophysical/seismic surveys Conventional petroleum exploration wells Gravity/Aeromagnetic surveys 70s Conventional petroleum exploration wells Seismic surveys 80s Stratigraphic/Exploration
Slide 6: Interpretation
Interpretation Gravity survey* For personal use only Exploration well 2D Seismic science based decision making * Source: Geological Survey of Queensland 6
Slide 7: Stratigraphic relationship
Stratigraphic relationship For personal use only L R Eromanga Basin Winton Fm Hutton ss Mackunda Fm Allaru ms Moolayember Fm Clematis ss Wallumbilla Fm Dunda beds Cadna-Owie Fm Rewan Fm Hooray ss Galilee Basin Westbourne Fm Betts Creek Beds Adori ss Colinlea ss Birkhead Fm Aramac coal measures Jochm
Slide 8: The Great Artesian Basin
The Great Artesian Basin For personal use only Source: DERM Queensland need to demonstrate well integrity 8
Slide 9: Extensive coal seam gas resource
Extensive coal seam gas resource For personal use only Betts Creek Beds (Permian) o Best reservoir properties o Good to moderate permeability from natural coal fractures o Thick coal intervals up 35m net at Rodney Creek o Gas contents in the Galilee Basin are generally low Coal province o Range from
Slide 10: Galilee Gas Project (ATP 529P)
Galilee Gas Project (ATP 529P) For personal use only Fleetwood #1 Crossmore #1 Splitters Creek #1 Legacy seismic Rodney Creek #2 Rodney Creek #1 Modern seismic CSG Well Oil/Gas Well Original Galilee (ENRON) Explorations Wells exciting progress 10
Slide 11: Path to commercialisation
Path to commercialisation For personal use only 20 tcf Gas initially in place** 2P Reserves 1 tcf Contingent Resource Pilot 3 etc. Acacia 1 Pilot 2 Glenaras Crossmore 1990s Now Crossmore South Vera Park Resource Field development and Gas Exploration and appraisal identification market analysis produ
Slide 12: Attractive gas outlook
Attractive gas outlook For personal use only $9.00 $7.00 Price ($/GJ) $5.00 Townsville Mount Isa $3.00 Cannington RH Moranbah LH Forecast annual new contracts Longreach Source: Gas Market Review Queensland (2011), Qld .Government CGP Barcaldine Gladstone Key Pipeline ~Capacity QGP CGP Carpentaria Ga
Slide 13: Environment and local issues
Environment and local issues For personal use only strong commitment to community and environment 13
Slide 14: Questions
For personal use only Questions 21
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