Echelon Resources Limited · ASX:ECH
Echelon Resources — Good Oil 2025
21 slides from Echelon Resources's conference presentation, Sep 10, 2025
Slide 1: Good Oil 2025
Echelon Resources Limited Good Oil 2025 Andrew Jefferies, Echelon CEO Good Oil, Perth 10 September 2025 sunrise in the Amadeus Basin, EP145, 12th August 2025
Slide 2: Disclaimer Notice
Disclaimer Notice This presentation contains summary information about Echelon Resources Limited (ECH or Company) and its activities any of their affiliates accept or will have any liability to any person in relation to the distribution or possession of this which is current as at the date of this p
Slide 3: Table of Contents
Table of Contents 1 About Echelon: Who we are 4 2 At a Glance – Where we are active 8 3 Amadeus Overview 11 An aerial view of our new asset, EP145, Amadeus Basin, Northern Territory, Australia Echelon Resources Presentation 2025 3
Slide 4: Echelon Resources Limited (ASX:ECH) Our Rocks
Echelon Resources Limited (ASX:ECH) Our Rocks Our Values Our Role Echelon Resources Presentation 2025 4
Slide 5: We are a science driven company
Our Rocks Total 2P Reserves By Country Australia: 18.4 mmboe We are a science Indonesia: 1.4 mmboe New Zealand: 1.1mmboe Dingo**, 3.5 driven company Sampang PSC*, 0.4 Palm Valley**, 1.7 Maari*, Kupe, 0.5 In geoscience, an 'echelon' refers to the repeated 0.6 Mereenie* nature of features like sedimen
Slide 6: Clear Strategy
Our Values Clear Strategy Regional Markets with Aligned with Prudently focus upside capabilities managed finances An efficient, cost-effective Wellington-based team Trusted by our stakeholders for our decisions, support and advice We spend efficiently on skills, tools and activity… not the view 9 Se
Slide 7: Our Role: Echelon as an energy ladder
Our Role ‘Echelon’ in French means a rung in a ladder, in our case an energy ladder. Like the rungs on a ladder, energy needs to be cost effective, secure and reliable. Energy systems bear the weight of Our standard Our health, Our food of living wealth and supply happiness Affordable, reliable ener
Slide 8: 10 years of sustainability reporting
10 years of sustainability reporting Carbon conscious The only oil and gas production. company in our region to achieve a We offset our Scope 1 New Zealand emissions, back up Rainbow Tick. solar and displace coal use. Support for research into long term CO2 We report sequestration. on the Sustainabl
Slide 9: At a Glance
At a Glance Echelon Resources Presentation 2025 9
Slide 10: Key Statistics
Key Statistics ASX Listed Market Capitalisation ca. A$83 million Corner Stone investor OG Oil & Gas 71.4% Revenues of A$115.3 million up 34% on FY24 2P 21 mmboe Production 4600 boepd 2P Reserves life (at current rate) 12 years 9 September 2025
Slide 11: Financial Health: A Pillar of our Strategy
Financial Health: A Pillar of our Strategy Operating NPAT excluding impairment cashflow up and exploration expenditure 62% to was A$16.5 A$54.1m million Up 42% from the previous year from $33.4m in FY24 Net profit Profit of after tax A$3.2m 1.4 cents per share up from $0.2m in FY24 up from 0.1 cents
Slide 12: 217% increase in production in 5 years
217% increase in 231% increase in production in 5 years revenue in 5 years Echelon has a 49.97% interest in Cue. Cue’s full interest is shown. Echelon Resources Presentation 2025 12
Slide 13: Annual Net 2P Reserves over time
Reserves over time 2.00 1.80 Annual Net 2P Total Volume (mmboe) 1.60 1.40 Mahato 1.20 Dingo Palm Valley 1.00 Mereenie Sampang 0.80 Maari Kupe 0.60 0.40 0.20 0.00 FY19a FY20a FY21a FY22a FY23a FY24a FY25a FY26 FY27 FY28 FY29 FY30 FY31 FY32 FY33 FY34 FY35 Note: At 100% CUE equity in all assets Echelon
Slide 14: Amadeus - Why we love this overlooked basin
Amadeus - Why we love this overlooked basin
Slide 15: Echelon Resources: where we are in the Amadeus basin
Echelon Resources: where we are in the Amadeus basin Echelon Resources Presentation 2025 15
Slide 16: Connected to GROWING Markets
Connected to GROWING Markets EXPORT NT is the right place • More supply available • In place infrastructure MINING • Expansion opportunities • Rational Regulation EXPORT Demand is Rising • Mining E materials • Rising Gold prices • Data centres • Variable Renewables RESIDENTIAL AND • Export plants wi
Slide 17: Amadeus Basin in Perspective: Large in Oz
Amadeus Basin in Perspective: Large in Oz > Northern Carnarvon Anything odd 160,000 km2 about this story… A huge basin with only 3 producing gas fields in it. > Cooper Eromanga > Otway + Bass + Gippsland Echelon Resources Presentation 2025 17
Slide 18: Amadeus Basin in Perspective: Large in Europe
Amadeus Basin in Perspective: Large in Europe > SNS Echelon Resources Presentation 2025 18
Slide 19: Exploration History: Drilling for OIL, they kept finding GAS
Exploration History: Drilling for OIL, they kept finding GAS 1960s 19 wells 23 of the 35 exploration wells 1980s 9 wells 1990s 3 wells have had at least good oil and 2010s 4 wells gas shows (65%) TOTAL 35 wells Amadeus Basin Exploration Wells Dry Hole 12 Oil Shows / Oil Well 5 Gas Shows / Gas Well 1
Slide 20: This is why we like it, near infrastructure
This is why we West Walker gas flare (1982) 3 MMSCF/D A A’ like it, near infrastructure Tent Hill - 1 appraisal Pacoota Reservoir West Walker - 1 • Complex Thrust Fold, mud gas reservoir Pacoota Pacoota Reservoir 700m TVDss Sandstone. • West Walker-1 flowed at 3mmscf/d on test PanContinental 1982 mu
Slide 21: Tempe Downs Station
Tempe Downs Station Echelon Resources Presentation 2025 21