Central Petroleum Limited · ASX:CTP
Central Petroleum — RIU Good Oil Conference 2015
11 slides from Central Petroleum's conference presentation, Sep 3, 2015
Slide 1: Wake Up, Australia! Your Country Needs the Territory
For personal use only WAKE UP, AUSTRALIA! YOUR COUNTRY NEEDS THE TERRITORY RIU GOOD OIL CONFERENCE Central Petroleum Limited ASX:CTP
Slide 2: Disclaimer
Disclaimer For personal use only 1. This presentation is not intended for prospective investors and does not purport to provide all of the information an interested party may require in order to investigate the affairs of Central Petroleum Ltd (“Company”). This presentation does not attempt to produ
Slide 3: Looming Supply Crisis
Looming Supply Crisis For personal use only • East Coast industrial centres face genuine shortages of natural gas supply from mid-2016 • Expect major price increases, rationing and non-supply. • Industries depending on natural gas most at risk: – Fertiliser – Explosives – Aluminium – Glass and build
Slide 4: LNG trains and NSW gas consumption
Where we are For personal use only • By March 2016, 6 LNG trains will come on stream at Gladstone. • A single train approximates total NSW Gas Consumption. • 76.7% of NSW Gas Consumption is used by 500 manufacturers who employ 300,000 people, 2/3 of which gas is an essential feedstock with no availa
Slide 5: Queensland industrial gas use exceeds NSW
Where we are (continued) For personal use only • Queensland consumes more gas for industrial use than NSW. • Gas is the only presently available method to incinerate hospital waste at the required temperature. • AEMO (Australian Energy Market Operator) assumes 20% reduction in consumption of gas by
Slide 6: Reserve downgrades and rising production costs
Where we are (continued) For personal use only • Reserve downgrades abound and costs of production of gas rising as Bass Strait and Cooper matures. Credit Suisse estimates 4500 PJ of 2p shortage for LNG Plants at Gladstone alone. • KTT (Kipper Tuna Turrum) only arrests Bass Strait Decline curve (i.e
Slide 7: Activists trying to prevent future supplies by banning fraccing
Where we are (continued) For personal use only • Activists trying to prevent future supplies by banning fraccing. • Fraccing has been used since 1948. • About half of the world’s gas supply comes from fracced sources. • Numerous scientific enquiries state fraccing under appropriate regulation is not
Slide 8: Here Comes NT Cavalry
Here Comes NT Cavalry For personal use only • Mereenie is the largest onshore oil and gas structure ever discovered in Australia. • Central acquires 50% interest in Mereenie. • Mereenie has 5 producing zones, only 1 of which is oil. • 3 of these zones require more appraisal/development. • Between NT
Slide 9: Here Comes NT Cavalry
Here Comes NT Cavalry (continued) For personal use only • Central aims to supply 100 TJ/day from at or near Mereenie, Palm Valley and Dingo and surrounds by 2018-19. • Presently the company has 230 PJ of uncontracted reserves for NEGI but it aims to increase this to over 300PJ by Financial Investmen
Slide 10: NT is Central to Us
NT is Central to Us For personal use only Our Employment Philosophy 1. Family values for working families. 2. Northern Territory for Northern Territorians. 3. Traditional Values for Traditional Owners. 9
Slide 11: Contact Us
© 2015. All rights reserved. Central Petroleum Limited | ABN 72 083 254 308 | centralpetroleum.com.au Contact Us For personal use only Richard Cottee Managing Director Ph: +61 (0) 7 3181 3800 | Fx: +61 (0) 7 3181 3855 Level 32, 400 George Street, Brisbane, Queensland 4000, Australia PO Box 12214, Ge