Carnarvon Energy Limited · ASX:CVN
Carnarvon Energy — Biofuturing Australia 2022 Conference
10 slides from Carnarvon Energy's conference presentation, Jun 16, 2022
Slide 1: Corporate presentation – Biofuturing Conference
Corporate presentation – Biofuturing Conference 16 June 2022 For personal use only Carnarvon Energy Limited (“Carnarvon”) (ASX:CVN) is pleased to provide the attached corporate presentation to be presented at the Biofuturing Australia 2022 Conference today. Approved by: Adrian Cook Managing Director
Slide 2: Carnarvon's Energy Transition Vision
Carnarvon’s Energy BIOFUTURING 2022 CONFERENCE 16 JUNE 2022 Transition Vision For personal use only ASX listed energy company (ASX:CVN) GENERATING VALUE THROUGH THE ENERGY TRANSITION 1
Slide 3: Disclaimer
Disclaimer The resource estimates outlined in this presentation are based on and fairly represent information and supporting documentation prepared by Carnarvon’s Chief Operating Officer, Mr Philip Huizenga, who is a full-time employee of the company. Mr Huizenga has over 25 years experience in petr
Slide 4: Strong demand for renewable diesel globally
Strong demand for renewable diesel globally For personal use only ➢ Global demand to triple from 2021 – 2026, according to the IEA ➢ Increasing recognition of renewable diesel’s low- carbon and nil-capex burden for the end user ➢ Supportive policies in the US and EU driving demand with Asian markets
Slide 5: Carnarvon's energy journey
Carnarvon’s energy journey For personal use only Announced Dorado project renewable diesel FID target JV with Frontier Delivering on Discovery and appraisal Impact Group Narrogin of Australia’s largest oil project field in 10 years (Dorado) milestones Building Commenced WA project assessment of pipe
Slide 6: Carnarvon's biofuels vision
Carnarvon’s biofuels vision – 500 million litres p.a.1 by 2030 For personal use only To be leader in renewable biofuels in Australia ➢ Capital investment of around $3 billion ➢ Potential funding contribution from Dorado and Pavo free cash flows ➢ New sites centered around feedstock hubs and regional
Slide 7: First project to be located in the Shire of Narrogin (WA)
First project to be located in the Shire of Narrogin (WA) For personal use only ➢ Funded to FID (target H2, 2022) with Carnarvon seed capital investment ➢ Large 65ha site in Shire of Narrogin selected ➢ Received $2m grant from the WA State Government’s Clean Energy Future Fund ➢ Engineering advanced
Slide 8: Renewable fuel production from sustainable feedstocks
Renewable fuel production from sustainable feedstocks For personal use only The aim is to produce renewable fuel that works in collaboration with land regeneration Sustainable feedstock ➢ Focus is on waste materials ➢ Otherwise be burned or used for lower value economic outcomes such as export ➢ New
Slide 9: Challenges and opportunities
Challenges and opportunities For personal use only ➢ Reliable domestic fuel security – Australia is a net fuel importer and exposed to fluctuations in the international oil price. Local renewable diesel production will contribute to mitigating this risk ➢ Affordable fuel – under-investment in new oi
Slide 10: Carnarvon's Energy Transition Vision
For personal use only Carnarvon’s Energy Transition Vision – a contemporary approach that integrates conventional assets and renewables HEAD OFFICE Level 2, 76 Kings Park Road T. +61 8 9321 2665 West Perth WA 6005 E. admin@cvn.com.au
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