Amplitude Energy Limited · ASX:AEL
Amplitude Energy — RIU Good Oil and Gas Energy Conference 2021
14 slides from Amplitude Energy's conference presentation, Sep 8, 2021
Slide 1: RIU Good Oil and Gas Energy Conference
RIU Good Oil and Gas Energy Conference 8 September 2021 Mike Jacobsen: General Manager Projects and Operations
Slide 2: Solid results during a challenging year
1. Solid results during a challenging year 2. Strong second-half momentum 3. Well positioned for continuing growth Cover: Coorong landscape to be revegetated with carbon offset investment by Cooper Energy Athena Gas Plant, Victoria
Slide 3: Strong second-half momentum to continue into FY22
Strong second-half momentum to continue into FY22 Increasing Sole production and sales volume underpin guidance Production (MMboe) Sales volume (MMboe) +23-43% +14-37% +19% +49% 1.80 3.7 – 4.3 1.43 3.0 – 3.6 3.01 2.63 1.20 1.21 H1 FY21 H2 FY21 FY21 FY22 H1 FY21 H2 FY21 FY21 FY22 Revenue ($ million)
Slide 4: Improve Orbost stability and performance
Improve Orbost stability and performance Extensive testing provides confidence in significantly improving OGPP performance1 • Phase 2 works were agreed in accordance with the Transition Agreement signed with APA in 20202 • Phase 2A involved reconfiguration of absorbers to enable parallel and / or in
Slide 5: Athena Gas Plant commissioning in Q2 FY22
Athena Gas Plant commissioning in Q2 FY22 Low-cost processing hub for existing and future Otway Basin developments Pipeline cutover: Iona Gas Plant to Athena Gas Plant Athena Gas Plant ✓ >80% complete ✓ Mechanical completion achieved ✓ SEAGas pipeline gas delivered to plant in August 2021 ✓ Commissi
Slide 6: Climate Active carbon neutral certification achieved
Climate Active carbon neutral certification achieved Officially recognised as Australia’s first carbon neutral domestic gas producer • Scope 1, Scope 2 and directly controllable Scope 3 fully offset for FY20 and FY21 with Australian Carbon Credit Units (ACCUs) • Independently audited and certified t
Slide 7: Otway Phase 3 Development (OP3D)
Otway Phase 3 Development (OP3D) Commercialising >120 PJ of gas from the Henry and Annie fields via the Athena Gas Plant • Currently preparing for FEED entry for OP3D project • Two well drilling campaign with option to include exploration wells • Targeting FID in 2022 • > 120PJ of new gas supply (10
Slide 8: Offshore Otway Basin Prospects are Seismic Amplitude Supported
Offshore Otway Basin Prospects are Seismic Amplitude Supported • 13 successes from past 14 exploration wells on prospects with seismic amplitudes • Key prospects are seismic amplitude supported • The five lowest risk prospects have best estimate (P50) resource potential of ~200 Bcf (Cooper Energy ne
Slide 9: Gippsland Basin exploration
Gippsland Basin exploration Numerous opportunities Key prospects VIC/P72 (100%) • Manta Deep (VIC/RL13) VIC/RL16 (100%) • Chimaera East (VIC/RL13) VIC/L32 (100%) • Gummy Deep (VIC/RL13) • Spineback (VIC/P75) VIC/RL15 VIC/RL14 • Blobfish (VIC/P72) VIC/P75 (100%) VIC/RL13 9
Slide 10: Manta Development Concept
Manta Development Concept Follow on development to Sole and OP3D • Development concept for Contingent Resource utilising infrastructure in place at Sole and Patricia Baleen • Appraisal well, Manta-3, required. Candidate for OP3D drilling campaign. • 18 PJ pa gas modelled plus 0.5 million barrels con
Slide 11: Manta Deep Prospective Resource
Manta Deep Prospective Resource Manta-3 to explore significant potential underlying Contingent Resource (Manta Deep) Manta unrisked Prospective Resource1 estimate Low (P90) Best (P50) High (P10) Oil MMbbl 1.0 1.5 2.3 Condensate MMbbl 6.8 12.9 25.9 Gas PJ 276 526 1,054 The estimated quantities of pet
Slide 12: Set, Grow, Sustain
Set, Grow, Sustain A broad pipeline of opportunities to grow gas reserves1 ➢ Multiple development, appraisal and exploration opportunities Sustainable growth ➢ Project timings align with forecast market gas shortfalls Prospects ➢ Progressing high-impact exploration prospects Exploration Four permits
Slide 13: Thank you
Thank you Otway coastline, Port Fairy, Victoria
Slide 14: Disclaimer
Disclaimer This presentation may contain forward looking statements, including statements of current intention, statements of opinion and expectations regarding Cooper Energy’s present and future operations, possible future events and future financial prospects. Such statements are not statements of
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