Elixir Energy Limited · ASX:EXR
Elixir Energy — Investor Presentation (February 2019)
13 slides from Elixir Energy's investor presentation, Feb 12, 2019
Slide 1: Exploring for gas in the Heart of Asia
Exploring for gas in the Heart of Asia For personal use only Coal bed methane exploration proximate to China February 2019 Investor Presentation
Slide 2: Investment Highlights
Investment Highlights For personal use only ➢ Mongolian gas focus – 100% working interest in 7,000,000 net acres Nomgon IX CBM PSC (~30,000 km2) in major coal bearing sedimentary basin ➢ Giant* CBM prospective resource for Nomgon IX PSC completed, with best estimate of 40.1 TCF (unrisked recoverable
Slide 3: 2019 Exploration Program
2019 Exploration Program For personal use only ➢ Environmental and other regulatory approvals ongoing ➢ 2D seismic acquisition on track and contract award planned for the end of March 2D Seismic 2019 Drilling Acquisition* Campaign (2 wells)* Q1 2019 Q2 2019 Q3 2019 Q4 2019 EIA finished & Seismic Sei
Slide 4: Mongolian – Nomgon IX CBM PSC
Mongolian – Nomgon IX CBM PSC For personal use only ➢ CBM PSC signed in September 2018 by acquired company Golden Horde Ltd (GOH) – >40 year term ➢ GOH acquired by Elixir in December 2018 ➢ PSC covers 7,000,000 acres proximate to the Chinese border ➢ Mongolian CBM PSC has fiscal and other terms desi
Slide 5: Nomgon IX CBM PSC – Key Facts
Nomgon IX CBM PSC – Key Facts For personal use only World class producing thermal coal deposit within project area (South Gobi basin) Large 7 million acre project area – 100% ownership Nearby infrastructure with Rio Tinto’s OT mine China/Mongolia border ➢ Data from Tavan Tolgoi indicate gas contents
Slide 6: Independent Prospective Resource Report
Independent Prospective Resource Report For personal use only ➢ First independent prospective resource report completed by ERC Equipoise Pte Ltd (ERCE)* ➢ Giant resource identified with Geological Risk likely to be significantly reduced following 2019 exploration programme (2D seismic and core hole
Slide 7: Next Door to China’s rapidly growing gas market
Next Door to China’s rapidly growing gas market For personal use only ➢ The Nomgon IX CBM PSC is located immediately proximate to Nomgon IX CBM PSC the Chinese border ➢ China imports gas from every direction and seeks to continually diversify its sources of supply ➢ Mongolian CBM expected to be high
Slide 8: Nomgon IX Comparison with GLNG
Nomgon IX Comparison with GLNG For personal use only Gladstone Nomgon IX Fairview Roma West East Pipeline GLNG Acreage 100km 100km Export scale acreage package
Slide 9: CBM – Capital Efficient Exploration
CBM – Capital Efficient Exploration For personal use only ➢ CBM exploration has lower risks than traditional oil and gas exploration that seek conventional targets through factors such as: • Using existing data from coal mining activities • No structure and seal risk on the reservoir • Shallower sei
Slide 10: Pro-rata distribution – Entek Shares
Pro-rata distribution – Entek Shares For personal use only ➢ In late 2018 Elixir acquired ~150,000 acre leasehold position on Alaska’s North Slope (100% ownership position) ➢ Acreage considered on trend to recent large oil discoveries ➢ Option deal struck with ASX listed Entek Energy (ASX:ETE) to se
Slide 11: Pro Forma Capital Structure
Elixir Petroleum Limited (ASX:EXR) Pro Forma Capital Structure For personal use only Current (post listed options) Current (million) Performance Share Milestone Shares Ordinary Shares (ASX:EXR) 384.8 Drill 2 CBM wells 7.5 Unlisted Options (ex 4.0 – 4.5 cents) 8.0 FID approval on Pilot Plant 10.0 Lis
Slide 12: Important Notice & Disclaimer
Important Notice & 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 provi
Slide 13: Contact Information
Contact Information For personal use only Dougal Ferguson Managing Director dougal.ferguson@elixirpetroleum.com +61 8 9226 2111 Neil Young Chief Executive Officer neil.young@elixirpetroleum.com 13
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