Elixir Energy Limited · ASX:EXR
Elixir Energy — Investor Presentation (November 2014)
18 slides from Elixir Energy's investor presentation, Nov 17, 2014
Slide 1: Leveraged for Growth in 2015
Leveraged for Growth in 2015 For personal use only New Management, New Project and New Focus November 2014 (ASX:EXR)
Slide 2: Investment Highlights
Investment Highlights For personal use only 50% Working Interest in 25,000 net acres secured adjacent to 2,000 bopd oil fields in low cost, high margin conventional oil play in Colorado 100% of Moselle Project (France) maintains significant option value at low holding costs Very low enterprise
Slide 3: Corporate Overview
Elixir Petroleum Limited (ASX:EXR) Corporate Overview For personal use only Capital Structure Board & Key Management Current (million) Sam Willis Non Executive Chairman Ordinary Shares (ASX:EXR) 1,031 Dougal Ferguson Managing Director Listed Options (ex 1.5 cents) 320 Mark O’Clery Non-Executive Dire
Slide 4: Meeting Milestones
Meeting Milestones An Active Work Program Underway For personal use only Completed Reprocess & Additional Shoot new Further Leasing Drill Two Petra Project and Land Well Interpret 2D Acquisition 2D Data & Exploration Acquisition Aggregation Permitting Seismic of Leases Interpret Wells September 2014
Slide 5: Petra Project: Significant Land Position in Exciting Conventional Oil Play
Petra Project Significant Land Position in Exciting Conventional Oil Play For personal use only 50% Working Interest in 25,000 net acres covering new Mississippian and Pennsylvanian trend in Washington County, Colorado. Targeting 30,000 acres before year end. Jointly acquired over 10,000 acres s
Slide 6: Petra Project: Partnering with Experienced Operator – Apollo Operating LLC
Petra Project Partnering with Experienced Operator – Apollo Operating LLC For personal use only Apollo is a private company with a small group of investors who are Denver based industry professionals Apollo is aligned with Elixir both financially and technically to drive project success and acti
Slide 7: Petra Project: Shallow, Conventional Oil, Cheap Entry
Petra Project Shallow, Conventional Oil, Cheap Entry For personal use only New, successful and lightly explored play concept in the Mississippian and Pennsylvanian Proven, repeatable, conventional oil discoveries Low cost vertical wells – exploration wells ~$1M (uncompleted) Multiple stacked
Slide 8: Geoscience Driven Exploration
Geoscience Driven Exploration Exploring With Science – not just the Drill Bit For personal use only Over 250 kms of existing 2D seismic data purchased and reprocessed Reprocessed data has identified clear structuring, critical for conventional traps Detailed petrophysical analysis of surroundi
Slide 9: Nighthawk Energy plc: The Case Study for Conventional Oil
Nighthawk Energy plc The Case Study for Conventional Oil For personal use only Conventional reservoirs yield high productivity wells at sustained production rates Strong IP rates (up to 500 bopd) result in early cash flow providing early funding options Delivers high NPV’s even for modest volu
Slide 10: Case Study – Arikaree Creek Oil Field
Nighthawk Energy plc Case Study – Arikaree Creek Oil Field For personal use only Located less than 5 miles south-west of the Petra Project, Arikaree Creek has been producing since 2012 Initially discovered by the Steamboat Hansen 8-10 well, individual wells have produced at over 500bopd Following
Slide 11: Case Study - Steamboat Hansen 8-10
Nighthawk Energy plc Case Study - Steamboat Hansen 8-10 For personal use only Long Term, Low Decline Producers Low cost vertical wells + High initial production rates + Conventional decline rates + Low operating costs and royalties = High NPV’s and Strong Cash Flow NPV(10) single well economics base
Slide 12: Wattenberg Project: Option Over This Burgeoning Resource Play
Wattenberg Project Option Over This Burgeoning Resource Play For personal use only Deal Summary Well Activity – Wattenberg Project Area Net Land Position (up to) 1,000 acres EXR expenditure to exercise option (up to) US$500,000 Working Interest 50% Net Revenue Interest (NRI) 40% Potential Contingent
Slide 13: Moselle, Onshore France: Significant Value Potential
Moselle, Onshore France Significant Value Potential For personal use only Conventional Potential at Moselle – Top 3 Prospects French policy continues to be focussed on Independently Verified by RPS renewable energy, but with commitments to Prospective Recoverable Gas Resources (Bcf) – Mean Estimat
Slide 14: Investment Summary
Investment Summary For personal use only 50% Working Interest in 25,000 net acres secured adjacent to 2,000 bopd oil fields in low cost, high margin conventional oil play in Colorado 100% of Moselle Project (France) maintains significant option value at low holding costs Very low enterprise va
Slide 15: 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 16: Contact Information
Contact Information For personal use only Dougal Ferguson Managing Director +61 (08) 9226 2111 dferguson@elixirpetroleum.com 16
Slide 17: DJ Basin: Annexure - Geological Setting
DJ Basin Annexure 1 - Geological Setting For personal use only The Denver-Julesburg Basin province (black outline) spans SE Wyoming, western Nebraska, NW Kansas and eastern Colorado Activity has been primarily focused on the giant Wattenburg unconventional oil resource play, Colorado Mineral whi
Slide 18: Mississippian & Pennsylvanian Discoveries: Annexure - Opening of a New Play Trend
Mississippian & Pennsylvanian Discoveries Annexure 2 - Opening of a New Play Trend For personal use only Significant conventional oil volumes discovered in recent years have opened up a new play trending south-west to ELIXIR LEASES north-east and proximate to the Petra Project. New fields discovered
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