Crown Energy Ab · NGM:CRWN

Crown Energy Ab — Shareholder Meeting (December 2016)

34 slides from Crown Energy Ab's shareholder meeting presentation, Dec 12, 2016

  1. Slide 1: Välkommen till extra bolagsstämma 12 december 2016

    CROWN ENERGY AB (publ) Välkommen till extra bolagsstämma 12 december 2016

  2. Slide 2: Förslag till dagordning

    Förslag till dagordning 1. Stämmans öppnande och val av ordförande vid stämman. 2. Utseende av protokollförare. 3. Upprättande och godkännande av röstlängd. 4. Godkännande av dagordning. 5. Val av en justeringsperson. 6. Prövning av om stämman blivit behörigen sammankallad. 7. Beslut om ändring av b

  3. Slide 3: Crown Energy i korthet

    Crown Energy i korthet  Crown Energy AB är en internationell olje- och gaskoncern  Stark balansräkning, skuldfritt  Fokus på affärsmöjligheter med stor potential  Börsnoterat på NGM Equity sedan december 2012, ticker: CRWN  Verksamt i Afrika och i Mellanöstern  Kontor i Stockholm och London 

  4. Slide 4: Crown Energy business model and value chain

    Licence Technical work Licence  Geophysics management Shareholders acquisition  Geology  Licence strategy  Long term investors  Early stage E&A  Seismics (2D & 3D)  Reporting and  Retail investors  High resource potential  Interpretation and relations to local  Ownership distribution  Lo

  5. Slide 5: Sydafrika – Block 2B

    Sydafrika– Block 2B PRESENTATION

  6. Slide 6: South Africa Block 2B, offshore Orange River Basin

    South Africa Block 2B, offshore Orange River Basin • Crown Energy AB 10% • Africa Energy Corp 90% • Block Area: 5,448.5 km2 • Two Cretaceous-age rift basins in block; resource estimate (by AFE) Resource potential 460 MMBO (mean unrisked) with upside potential of over 1 BBO; WD up to 150m • 686 km2 o

  7. Slide 7: Sydafrika – Orange River bassängen

    Sydafrika – Orange River bassängen Bevisad oljeförande formation med enorm uppsida Källa: Operatören PRESENTATION

  8. Slide 8: Amicoh Madagaskar, Manja (3108) Block

    Amicoh Madagaskar, Manja (3108) Block Permit area 7,180 km² (after 35% relinquishment) 8 PRESENTATION

  9. Slide 9: Morondava bassängen

    Morondava bassängen • Fortsätta arbetet med att hitta en partner • Ytterligare seismik • Förlängning av licensvillkor PRESENTATION

  10. Slide 10: Crown Energy Iraq – Salah ad-Din regionen

    Crown Energy Iraq – Salah ad-Din regionen PRESENTATION

  11. Slide 11: Crown Energy Iraq – Salah ad-Din regionen

    Crown Energy Iraq– Irak – Salah ad-Din regionen • Ta över befintlig produktion – tex Ajil fältet • Tillägg inom befintlig PSA • Research av befintliga installationer • Plan för re-development och utbyggnad • Avtal om försäljning inhemsk/export PRESENTATION

  12. Slide 12: Ekvatorialguinea Block P - PDA: Rio Muni Basin

    Ekvatorialguinea Block P - PDA : Rio Muni Basin • Crown Energy 5% • Vaalco Energy 31% • GE Petrol 57% • Atlas Petroleum 7% • Block Area (PDA): 232 km2 • 2005 discovery – Venus • Vaalco working with GE Petrol (operator) to develop a joint operatorship model • Exploration drilling and/or development P

  13. Slide 13: Block P, Development

    Block P, Development • Venus (Green Sand) Field ~ 18mmbo (mid case). Discovered by P-2 (oil to base sand); appraised by P-2 ST (found OWC) and P-3 (water leg) • 142 mmbo prospective resources mid case in the PDA block • Nya sammansättningen av operatörsskapet • Arbetsplan utverkas • Utbyggnadsplan f

  14. Slide 14: Stora framsteg i en trög marknad

    Stora framsteg i en trög marknad  Sommaren 2015 satte ledningen och styrelsen upp fyra affärsmål för verksamheten för att bibehålla och öka värdet på Bolaget:  Att hitta en ny huvudägare som tillför kapital, kunskap och kontakter. Dessutom ska ny huvudägare ha samma strategiska inriktning som Crow

  15. Slide 15: Rationale for acquiring cash flow generating business

    • Crown Energy has for some time aimed to acquire a businesses with a cash flow generating operation • The acquisition makes Crown Energy a much larger player in the oil and gas industry, which increases the possibilities of developing the existing business • ESI Group is well run and profitable wit

  16. Slide 16: Acquisition of Angolan property assets

    • Crown Energy will acquire a portfolio of property assets in Angola with a total value of SEK 910 million, of which SEK 507 million for cash flow generating assets and SEK 403 million in net value for a new property ready to be rented out from 1 January 2017. • Revenues of about SEK 150 million and

  17. Slide 17: Crown Energy after the transaction

    • After the transaction, Crown Energy will consist of two business areas: Energy and Property Development and Services. • The revenues and EBITDA of the acquired operations are expected to increase due to future leasing of recently built property (C-View). • After the transaction, the seller and fou

  18. Slide 18: Crown Energy AB group structure

    Crown Energy AB (publ) Board chairman: Pierre-Emmanuel Weil CEO: Andreas Forssell CFO: Jenny Björk Business area Business area PROPERTY DEVELOPMENT ENERGY & SERVICES Crown Energy ESI Group, Crown Energy New markets Ventures Luxemburg Iraq AB Corporation Amicoh Resources Ltd Simbo Petroleum No.2 Ltd

  19. Slide 19: Property assets

    • The acquired business has worked for more than 15 years with services to the oil and gas industry in the region and has invested about USD 100 million since 2000. • The business concept is to offer homes and offices tailored to customer needs as well as ancillary services (such as security, cateri

  20. Slide 20: Property business process

    1. Identifying customer needs for offices, accommodation and related services primarily for the oil and gas sector. 2. Agreements with suitable landowners or acquisitions. After contracting with landowners, the land is developed for subsequent use during the contract period. 3. Development of the pr

  21. Slide 21: Overview of property assets

    Overview of property assets

  22. Slide 22: Ongoing development project

    7 *Ongoing development project.

  23. Slide 23: Benefits of the transaction

    • Crown Energy will become a larger and more significant player in the oil and gas industry with positive cash flow and a diversified business, which means reduced risk. • Increased opportunities to capitalise on existing assets through a stronger financial position and stronger customer relationshi

  24. Slide 24: Transaction terms and C shares

    • Maximum of about 364 million C shares issued to the seller. • Share capital and voting rights diluted 75-80 per cent after transaction is completed. • Property assets transferred to Angolan subsidiary YBE Imobiliaria owned by ESI Group, Luxembourg. • The approximately 364 million Class C shares ar

  25. Slide 25: Conditions for the transaction

    • The transaction must be approved at the extraordinary general meeting to be held in December. • The prospectus must be approved by the Swedish Financial Supervisory Authority. • The continued listing of Crown Energy on Nordic Growth Market must be approved. • The three properties must be transferr

  26. Slide 26: Transaction outcomes and market value

    • The transaction will result in increased opportunities to capitalise on existing assets through a stronger financial position and stronger customer relationships with several of the world’s leading oil and gas companies. • Crown Energy will become a larger and more significant player in the oil an

  27. Slide 27: Punkterna 7 och 8

    Punkterna 7 och 8 1. Stämmans öppnande och val av ordförande vid stämman. 2. Utseende av protokollförare. 3. Upprättande och godkännande av röstlängd. 4. Godkännande av dagordning. 5. Val av en justeringsperson. 6. Prövning av om stämman blivit behörigen sammankallad. 7. Beslut om ändring av bolagso

  28. Slide 28: Crown Energy aktien (efter emission)

    Crown Energy aktien (efter emission föreslagen till denna extrastämma) Aktieemission, nya antalet aktier och utspädning: Aktier innan föreslagna emissionerna 92 547 379 Nya C-aktier genom emission (högst) 363 401 823 Totalt antal aktier efter emission av C-aktier 455 949 202 Nya aktier genom utnyttj

  29. Slide 29: Punkt 9, beslut

    Punkt 9, beslut Beslut om nyemission av C-aktier med avvikelse från aktieägarnas företrädesrätt PRESENTATION

  30. Slide 30: CV Yoav Ben-Eli

    CV Yoav Ben-Eli Yoav Ben-Eli Date of birth / Nationality: November 17th, 1970 / Israeli Academic record : Bachelor – life sciences Languages: Portuguese, English, Hebrew Present position: Chairman/Founder – ESI Group PROFILE 19 years professional experience in Corporate Management, Projects financin

  31. Slide 31: Punkt 10, beslut

    Punkt 10, beslut 1. Stämmans öppnande och val av ordförande vid stämman. 2. Utseende av protokollförare. 3. Upprättande och godkännande av röstlängd. 4. Godkännande av dagordning. 5. Val av en justeringsperson. 6. Prövning av om stämman blivit behörigen sammankallad. 7. Beslut om ändring av bolagsor

  32. Slide 32: Stämmans avslutande

    Stämmans avslutande PRESENTATION

  33. Slide 33: Crown Energy AB (publ)

    Crown Energy AB (publ) Norrlandsgatan 18 SE-111 43 Stockholm, Sweden Telephone: +46 8-400 207 20

  34. Slide 34: Tack för visat intresse!

    Tack för visat intresse! PRESENTATION

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