Triangle Energy (Global) Limited · ASX:TEG
Triangle Energy (Global) — Midwest Major Projects Update 2021
14 slides from Triangle Energy (Global)'s conference presentation, Sep 15, 2021
Slide 1: ASX Announcement
ASX Announcement 15 September 2021 ASX:TEG Corporate Presentation Triangle Energy (Global) Limited (Triangle / the Company) (ASX: TEG) is pleased to provide a copy of the presentation to be given by Mr Robert Towner, Managing Director, at today’s Midwest Major Projects Update 2021. Authorised for Re
Slide 2: Midwest Major Projects Update
Title SEPTEMBER 2021 Midwest Major Projects Update TEG Presentation SEPTEMBER 2021 | RIU GOOD OIL PRESENTATION www.triangleenergy.com.au
Slide 3: Disclaimer And Forward-looking Statements
Disclaimer And Forward-looking Statements This Presentation is provided on the basis that Triangle Energy (Global) Limited (“Triangle” or the Because such statements involve risks and uncertainties, Triangle’s actual results and “Company”) nor its respective officers, shareholders, related bodies co
Slide 4: Triangle Today: Capital structure and Perth Basin footprint
Triangle Today: Capital structure and Perth Basin footprint Perth Basin ASX Code TEG Consolidated key assets Shares on Issue 1.075B MT HORNER and infrastructure in ASX Code TEGO Listed Options on issue 672.7M the Perth basin Unlisted Securities on 1.8M Unlisted Options ex @ $0.10, exp 6/11/21 One of
Slide 5: State Gas Limited and Perth Basin key assets
State Gas Limited (GAS.ASX) Key Assets: ▸ Approx. $20m listed holding in State Gas Limited Will Drive Shareholder Upside ▸ Drilled 3 wells: Significant commercial gas flows from first well with others dewatering. First well producing 620,000 cubic ft Perth Basin per day and rising ▸ Lower capex gas
Slide 6: Working with our Partners to create a clear path for Mid-West
Working with our Partners to New Thinking: What will drive us in the Future create a clear path for this important infrastructure to the Environment – our goal is to significantly contribute to the Mid-West and Western Australia’s emission Mid-West economy reduction strategy Social – collaboration b
Slide 7: Rejuvenating Perth Basin Oil
Rejuvenating Perth Basin Oil 20000 Counter-cyclical Opportunity Perth Basin Oil Production DUNSBOROUGH 18000 MT HORNER 16000 Low competition - gas focus in the basin 14000 EAST ABROLHOS MARGIN TEG 78.25%* Low-cost acquisitions 12000 BOOKARA SHELF 86.96% - 100%* 10000 Wide acreage spread and opportun
Slide 8: Cliff Head Mark II – Extension Phase
Cliff Head Mark II – Extension Phase 3-well priority drilling opportunity to reach 3000 bopd by 1H 2023 Western Development, Mentelle and SE Nose Extend Cliff Head production to beyond 2030 2030 AND BEYOND Upside opportunity at Mentelle Detailed well planning commenced SEPTEMBER 2021 | MIDWEST MAJOR
Slide 9: Bookara Shelf / Mt Horner
Bookara Shelf / Mt Horner Triangle will be Operator with 100% equity in L7 and 86.94% In EP437** Bringing Bookara Shelf / Mt Horner area back to life Dormant for 20 years, overlooked Numerous historical oil shows and log anomalies Applying 21st century technology to a decades old play Bookara 3D Sei
Slide 10: Bookara 3D Seismic
Bookara 3D Seismic NW Deep Proposed 3D survey outline: ~200 km2 Unlocking Bookara Shelf EP 437 L7 Longhorn Wye Not Huntswell Delilah Mt Horner Deep L7 Oil Targets: Best Estimate Prospective Resources* Mt Horner Oil Field (MMstb) Status Becos MH12_14 Updip Gross (100%) Net TEG (50%) MH9_10 Updip Oil
Slide 11: East Abrolhos Margin: WA-481-P
East Abrolhos Margin: WA-481-P Triangle will be Operator with 78.75% equity** Cliff Head tie-back opportunities 2D identified Cliff Head “look-a-likes” south of Cliff Head On oil migration path to Xanadu Another Cliff Head SEPTEMBER 2021 | MIDWEST MAJOR PROJECTS UPDATES New plays in existing 3D seis
Slide 12: Triangle Energy Summary
Triangle Energy Summary Triangle Energy has built a very substantial Perth Basin oil portfolio at low cost Perth Basin Next step is to materialise the opportunity ▸ Consolidated key assets and infrastructure in MT HORNER Progress towards Cliff Head drilling the Perth basin ▸ One of the largest onsho
Slide 13: Triangle Energy and Community
Triangle Energy and Community Economy Education >$3 Million pa School Outreach Supporting Midwest and Educational Visits Industry and Employment* SEPTEMBER 2021 | MIDWEST MAJOR PROJECTS UPDATES Land and Culture Sponsorship TEO Heritage Agreement with Yamatji Southern Regional Supporting Community Ev
Slide 14: Triangle Energy (Global) Limited contact
Title Triangle Energy (Global) Limited (ASX:TEG) Mr Robert E T Towner Managing Director Suite 2 Ground Floor, SEPTEMBER 2021 100 Havelock St Midwest Major Projects Update West Perth, Western Australia 6005 TEG Presentation info@triangleenergy.com.au SEPTEMBER 2021 | RIU GOOD OIL PRESENTATION www.tri
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