Brookside Energy Limited · ASX:BRK
Brookside Energy — Investor Presentation (November 2022)
16 slides from Brookside Energy's investor presentation, Nov 7, 2022
Slide 1: Investor Presentation November 2022
For personal use only Investor Presentation November 2022 brookside-energy.com.au ASX: BRK OTC Pink: RDFEF
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer For personal use only This presentation may include forward-looking statements. Forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions, which are outside the control of Brookside Energy Limited (“Brookside Energy” or “t
Slide 3: Brookside Energy Limited: Boutique Energy Company, Publicly Held, Returns Focused
Brookside Energy Limited Boutique Energy Company, Publicly Held, Returns Focused For personal use only Prospect, Prove-up and then Monetize Strategic Planning Investment Monetize Evaluate Design INVESTMENT CYCLE Implement Monitor 1
Slide 4: Safe, Sustainable and Efficient Development Built on Our Three Pillars
Safe, Sustainable and Efficient Development Built on Our Three Pillars For personal use only People Process Structure Assets 2
Slide 5: Corporate Overview: Capital Structure
Corporate Overview Capital Structure For personal use only Market Capitalization ~A$60.0m Transformational Period ASX: BRK (FPO’s). ~5,000,000,000 2-years from mid-2020 to mid-2022 Cash ~A$29.0m1. Enterprize Value ~A$31.0m Land Holdings ~4,300-acres Prospective Resources 11,606,000 BOE 2. Shareholde
Slide 6: Our Team
Our Team Brookside Energy For personal use only Corporate, Commercial & Governance Michael Fry Chairman Black Mesa Energy Extensive corporate, financial and capital markets experience David Prentice Managing Director Veteran Oil & Gas Prospectors 18-years on-shore US corporate commercial E&P experie
Slide 7: Oklahoma E&P Activity: World-class Basins Attract the Best Performers
Oklahoma E&P Activity US$12bn World-class Basins Attract the Best Performers US$14bn For personal use only • Proven productive basins in US$19bn a world-class location US$25bn • Fraser Institute 2nd most attractive jurisdiction for oil and gas investment US$47bn • 5th largest gas producer and 6th la
Slide 8: SWISH AOI – Anadarko Basin
SWISH AOI – Anadarko Basin Core Position in the Highly Sought-After Sycamore Woodford Trend For personal use only • Three Drilling Spacing Units (DSU’s) Held by Production (HBP) in SWISH AOI Bruins Flames • Outstanding well productivity and product mix Jewell (light sweet crude, NGL’s and gas) combi
Slide 9: Bradbury AOI – Ardmore Basin / Arbuckle Uplift
Bradbury AOI – Ardmore Basin / Arbuckle Uplift Prospecting and Proving-up For personal use only • New AOI established in Murray County 20 miles east- northeast of our SWISH AOI • Three DSU’s controlled (~80% Working Interest in each 40-acre unit) in this new AOI • Opportunity to exploit by-passed or
Slide 10: Macro Picture: Oil and Gas Prices at or above 10-Year Highs
Macro Picture Oil and Gas Prices at or above 10-Year Highs For personal use only Prospect > Prove-Up > Monetize 58% 19% 0% “…and in such a time as this, when the world desperately needs what we produce, I have never been more optimistic,” Harold Hamm, Chairman and Founder Continental Resources, Inc.
Slide 11: Prospect, Prove-up and then Monetize: Multiple Off-Ramps For Value Creation
Prospect, Prove-up and then Monetize Multiple Off-Ramps For Value Creation For personal use only • SWISH AOI successfully through to monetization phase, Bradbury AOI next most advanced project • Continue work to build out a pipeline of opportunities • Revaluation occurs along the JOINT path from pro
Slide 12: Q3 2022 Results: Company Record Quarterly Results
Q3 2022 Results Company Record Quarterly Results For personal use only • Cash A$28.8 (unhedged, no debt), increase of A$5.5m 1. quarter on quarter after repayment of debt • Company record quarterly receipts from oil and gas sales of A$17.0m, with Net positive operating cashflow of A$11.6m, 46% incre
Slide 13: Brookside Energy Limited: A Boutique Energy Company
Brookside Energy Limited A Boutique Energy Company For personal use only • Strong balance sheet and cashflows underpinned by compelling well economics, fast pay backs and low operating costs Prospect > Prove-Up > Monetize • Large inventory of low-risk, high-return development wells to monetize • Pro
Slide 14: For personal use only
For personal use only Brookside Energy Limited Suite 9, 330 Churchill Avenue Subiaco WA 6008 p: +61 8 6489 1600 w: brookside-energy.com.au David Prentice Managing Director david@brookside-energy.com.au https://www.linkedin.com/in/david-prentice-a3324b22 Gracjan Lambert Executive General Manager Comm
Slide 15: Appendix: Completion Operations Underway
APPENDIX For personal use only Completion Operations Underway Jewell Well, Carter County, Oklahoma August 2021 15
Slide 16: Glossary
Glossary APO WI AFIT AOI BBL After pay-out working interest After Federal Income Tax Area of Interest Barrel BFIT Before Federal Income Tax BOE Barrels of Oil Equivalent For personal use only BOEPD Barrels of Oil Equivalent Per Day BOPD Barrels of Oil Per Day BPD Barrels Per Day COPAS Council of Pet
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