Galilee Energy Limited · ASX:GLL
Galilee Energy — Galilee Basin Coal and Energy Conference 2010
18 slides from Galilee Energy's conference presentation, Nov 30, 2010
Slide 1: Galilee Basin Coal and Energy Conference 2010
For personal use only Galilee Basin Coal and Energy Conference 2010 Glenn Haworth – Chief Executive Officer 1
Slide 2: Disclaimer
Disclaimer For personal use only This presentation may contain forward looking statements that are subject to risk factors associated with oil and gas businesses. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a variety of variables and
Slide 3: Galilee Energy Limited
Galilee Energy Limited ASX Listed – GLL Overview Key Assets For personal use only Brisbane based emerging energy company with coal seam gas Coal Seam Gas – Queensland, Australia interests in Australia and operating coal mines in New Zealand ATP 529P (50%) Reserve Certification target 2011 Strategy i
Slide 4: Company Structured by Location
Company Structured by Location Coal Seam Gas and Operating Coal Mines For personal use only Australia New Zealand Notes: 1. ATP799P 3,097 km2 2. ATP529P 5,929 km2 4
Slide 5: Top Ten Shareholders
Top Ten Shareholders For personal use only 5
Slide 6: Board Members
Board Members Extensive energy sector experience For personal use only Mr Koroknay has over 30 years experience in the oil & gas industry both within Australia and internationally. Steve Koroknay He has held senior positions with Esso and Bridge Oil and more recently founded Anzon Energy and Anzon N
Slide 7: Management Team
Management Team Broad management expertise Mr. Haworth holds a Bachelor of Engineering from the University of Edinburgh and an MBA from QUT. He For personal use only has worked in the international oil and gas sector for almost 20 years. As a graduate engineer with BP he Glenn Haworth acquired world
Slide 8: Company Milestones
Company Milestones Developing a hydrocarbon focused energy company 1996 Eastern Corporation listed on the ASX:ECU For personal use only ECU acquires 51% of Galilee Energy Limited 2003 CSG assets in the Galilee Basin 2004 ATP 529P Rodney Creek production pilot 2004 Australian coal division establishe
Slide 9: Company Strategy
Company Strategy Create sustainable shareholder value For personal use only Long term: domestic gas supplier from the Galilee Basin Short term: portfolio balance, supported by strong financial position Growth beyond the Galilee Basin Compelling partnerships Hydrocarbon energy company Establish early
Slide 10: Short Term Exploration Priorities
Short Term Exploration Priorities Towards maiden reserves For personal use only Galilee Resources Limited Two extensive exploration permits across 9,000 km2 AGL Energy Limited 50% and Operator of ATP529P Encouraging exploration results suggest large resource potential of over 20 TCF1 gas in pl
Slide 11: Coal Seam Gas Drilling Activity
Coal Seam Gas Drilling Activity Galilee Energy: over 50% of the basin CSG wells For personal use only 11
Slide 12: AGL Energy Farm-in to ATP 529P
AGL Energy Farm-in to ATP 529P Galilee Gas Project to deliver maiden reserves estimate $37m Farm-in achievements For personal use only Stage 1: Glenaras production pilot 350 ML holding pond Stage 2: 540 km 2D seismic acquisition 7 core well drilling program Reprocessed 2,231km legacy 2D se
Slide 13: Seismic
Seismic A section of seismic reveals the underground structure For personal use only Cretaceous Jurassic Triassic Permian Source: AGL Energy Limited 13
Slide 14: CSG Production
CSG Production Illustrative CSG well profile For personal use only Flow Glenaras holding pond: 350 ML Gas Water Dewatering Stable Production Decline Time 14
Slide 15: ATP 799P
ATP 799P Encouraging resource potential GLL (Operator) 100% For personal use only $5.48 m raised in July 09 150 km 2D seismic complete 2 Core-holes complete Results Extensive Betts Creek & Aramac coal seams Large, thick, continuous coal seams Dunrossie-01 Fair to Good Permeability Betts Creek av
Slide 16: Galilee Basin Operators Forum
Galilee Basin Operators Forum Water Study: Great Artesian and Lake Eyre Basins For personal use only Source: LEBIIS Longreach, Desert Channels Qld 16
Slide 17: NZ Coal Business
NZ Coal Business Share Sale Agreement with Bathurst Resources Limited (ASX:BTU) Signed 14/11/10 For personal use only Consolidation of the Buller, Whareatea West and Cascade Projects Summary of key terms Headline Sale Price of $35 million in cash Conditional on regulatory approvals Cancellation of f
Slide 18: Way forward
Way forward Maiden reserve estimate and growth beyond the Galilee Basin For personal use only ATP 529P Deliver reserves to underpin GLL’s share price Demonstrate a gas market and a water management scheme ATP 799P Exploit IP from ATP529P in ATP799P General Seek growth opportunities beyond the Galile
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