Elixir Energy Limited · ASX:EXR
Elixir Energy — Elixir Petroleum — Shareholder Meeting (November 2013)
12 slides from Elixir Energy's shareholder meeting presentation, Nov 12, 2013
Slide 1: Elixir Petroleum Overview
Elixir Petroleum Overview 12 November 2013 For personal use only Presentation for Annual General Meeting (ASX:EXR)
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer For personal use only This document has been prepared by Elixir Petroleum 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 pro
Slide 3: Corporate Profile
Corporate Profile For personal use only Capital Structure Exchange ASX:EXR 28.2% Ordinary Shares 431.3m 7.8% Insto No of Shareholders ~1,000 12.1% Retail Top 20 Shareholders ~62% 51.9% NSE Trading Performance Trading Range (prior 12 months) $0.011 – $0.035 AUT Current Share Price $0.012 Market Capit
Slide 4: Investment Highlights
Investment Highlights For personal use only Conventional prospects – 861 Bcf of Mean recoverable prospective resource (unrisked) identified in 3 prospects World Class Resource Potential Unconventional potential – Giant unconventional prospectivity mean in-place prospective resource 165,000 MMbbl
Slide 5: Moselle Permit Overview
Moselle Permit Overview For personal use only Location Lorraine Region, Paris Basin, France Area 5,360 km2 (1,340,000 acres)* Ownership 100% Term 5 years Expiry Feb 2014 Extensions Lodged application for further 5 year term* 2D Seismic Data Set 2,826 line kilometres Reprocessed 2D Seismic 1,308 line
Slide 6: Conventional Resource
Conventional Resource For personal use only • Significant Conventional Potential at Moselle – Top 3 Prospects Independently Verified Table 1: Prospective Recoverable Gas Resources (Bcf) – Mean Estimate Prospect Unrisked Total (if all Probabilistic Total (given 1 Statistical aggregation assuming that
Slide 7: Conventional Prospects
Conventional Prospects For personal use only • Top 3 Prospects contain 861Bcf of Mean Recoverable Prospective Resources (unrisked) • Nancy East alone contains 626 Bcf of Mean Recoverable Prospective Resource (unrisked) – Multi objective prospect with stacked reservoir targets – Largest of the north
Slide 8: Attractive Market, Fiscal Regime and Infrastructure
Attractive Market, Fiscal Regime and Infrastructure For personal use only Market • Strong market fundamentals • Robust historic gas prices – Gas prices linked to crude oil – term contracts Significantly ahead of US prices, and growing • Significant domestic oil and gas demand: Net importer: ~1.7Tcf/
Slide 9: Unconventional Resource
Unconventional Resource For personal use only • Giant Unconventional Potential – exploration program on hold • 164 billion barrels of oil and 650TCF of gas in place (mid case) – Independently verified by Netherland, Sewell & Associates (NSAI) Undiscovered Gross (100%) Oil and Gas In Place Low Estima
Slide 10: Regulatory Position
Regulatory Position For personal use only • July 2011 French Parliament passed law which now prohibits “hydraulic fracture stimulation of wells following drilling” – Legislation was strongly debated and only narrowly adopted – National Commission established to consider advances in fracing practices
Slide 11: Elixir Going Forward
Elixir Going Forward For personal use only STRATEGY 1. Focus on Moselle Permit for long term value realisation • Renew Moselle for further 5 year term • Continue efforts to farmout 2. Build stronger position around Moselle Permit through new permit applications • Implementing a strategy to further i
Slide 12: Head Office
For personal use only Head Office Elixir Petroleum Limited Level 3, 89 St Georges Terrace Perth WA 6000 Tel: (+61) (8) 9226 2111 Website: www.elixirpetroleum.com
Elixir Petroleum — Shareholder Meeting (November 2013) on 6ix