NuEnergy Gas Limited · ASX:NGY
NuEnergy Gas — Investor Presentation (November 2023)
22 slides from NuEnergy Gas's investor presentation, Nov 22, 2023
Slide 1: Delivering clean energy to Indonesia
For personal use only Delivering clean energy to Indonesia NuEnergy Gas Limited (ASX:NGY) | Corporate Presentation | November 2023 (ASX:NGY) 1
Slide 2: Government views on the role of natural gas in the energy transition
For personal use only “In the energy transition period, fossil fuels such as natural gas still have “The role of natural gas in the an important role to play before energy transition is becoming more cleaner energy becomes available… important due to its transportability and storage properties. The
Slide 3: NuEnergy Snapshot
NuEnergy Snapshot For personal use only Indonesia - One of the world’s Excellent alternative to High demand for gas as a Attractive gas pricing largest CBM resources depleting natural gas in clean transition energy dynamics Indonesia source in Indonesia with strong government support Four high value
Slide 4: Company History
Company History NuEnergy (“NGY”) has developed significant value over several years, diversified across multiple projects, with tier-1 in-country partnerships For personal use only PRODUCTION SHARING CONTRACTS CORPORATE DEVELOPMENT PROJECT DEVELOPMENT • Investment agreement with NCE • Signing of gro
Slide 5: Asset Overview
Asset Overview NGY operates four key assets that are at varying stages in development, with total Gas In Place of 9,691 BCF For personal use only PSC TANJUNG ENIM (TE) MUARA ENIM (ME) MUARA ENIM II (ME II) MURALIM (MU) NGY 45% 100% Ownership Gas In Place 484 BCF 3,056 BCF 4,715 BCF 1,436 BCF Resourc
Slide 6: Commercialisation Pathway
Commercialisation Pathway Exploration Appraisal Plan of Development (POD) Development Production For personal use only TANJUNG ENIM (TE) POD Complete MUARA ENIM (ME) Pre-POD MURALIM (MU) Exploration Program Underway MUARA ENIM II (ME II) Appraisal Program Underway • G&G Studies: • G&G Studies: • Com
Slide 7: Asset Overview
For personal use only Asset Overview (ASX:NGY) 7
Slide 8: Major Local Partners
Major Local Partners NGY has partnered with some of the largest & most sophisticated operators within the Indonesian energy sector to commercialise its four core assets For personal use only TANJUNG ENIM TANJUNG ENIM MUARA ENIM MUARA ENIM II ASSET OWNERSHIP ASSET OWNERSHIP BUKIT ASAM HOLDS 27.5% OF
Slide 9: Coalbed Methane Reservoir Comparisons
Coalbed Methane Reservoir Comparisons Powder River Basin, the most successful CBM project globally, and the South Sumatra basin display similar CBM reservoir features For personal use only General Assessment of CSG & CSB Project Parameters & OGIP South Sumatra Basin Metric Powder River Basin Resourc
Slide 10: Coal Thickness & Depth
Coal Thickness & Depth Powder River Basin, the most successful CBM project globally, and the South Sumatra basin display similar CBM reservoir properties For personal use only Coal Depth Coal Thickness Tanjung Enim 380m 460m Tanjung Enim 21m 49m Muara Enim 730m 840m Muara Enim 36m 45m Muara Enim II
Slide 11: Tanjung Enim (TE) – POD
Tanjung Enim (TE) – POD NGY has achieved POD approval for the Tanjung Enim asset and are now moving towards the development phase Location Location Ownership1 For personal use only • Located about 50km and 130km from growing economy and industrial cities of Prabumulih and Palembang respectively. 27.
Slide 12: Muara Enim (ME) – Pre-POD
Muara Enim (ME) – Pre-POD NGY is at the pre-POD stage for the Muara Enim asset Location Location Ownership1 For personal use only • Located about 45km to 60km and 100km to 120km from growing economy and industrial cities of Prabumulih and Palembang 40% • Co-located Tanjung Enim PSC CBM operated by N
Slide 13: Muara Enim II (ME II) – Appraisal
Muara Enim II (ME II) – Appraisal NGY is at the appraisal stage for the Muara Enim II asset Location Location Ownership1 For personal use only • Located about 30km to 50km and 85km to 120km from growing economy and industrial cities of Prabumulih and Palembang respectively. 30% 30% NuEnergy (Operato
Slide 14: Muralim (MU) – Appraisal
Muralim (MU) – Appraisal NGY is at the appraisal stage for the Muralim asset Location Location Ownership1 For personal use only • Located about 70km and 140km from growing economy and industrial cities of Prabumulih and 100% Palembang respectively. • Co-located Tanjung Enim PSC CBM operated by NuEne
Slide 15: Strategic Pathway
Strategic Pathway Q3 CY23 Q4 CY23 Q1 CY24 Q2 CY24 Q3 CY24 For personal use only Permits (Gas Allocation) Gas Sales Agreement (GSA) Tender Processes and Preparation Tanjung Enim Drilling Operation Dewatering Establish Flowline & Early Production Facilities Onstream - Commissioning & First Gas Product
Slide 16: Market Rationale
For personal use only Market Rationale (ASX:NGY) 16
Slide 17: Market Demand
Market Demand Indonesia is growing rapidly in terms of both its population and economy which has been experiencing strong growth in energy demand and supporting local gas price For personal use only • World’s 4th largest population and growing rapidly, with 5% year-on-year GDP Indonesia growth forec
Slide 18: Indonesia Gas Demand
Indonesia Gas Demand Demand for gas is anticipated to double by 2030, driven by demand from fertiliser, electricity generation & general industry For personal use only 10,000 mmscfd 5,000 mmscfd 0 mmscfd 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 Domestic (Contra
Slide 19: Appendix
For personal use only (ASX:NGY) Appendix 19
Slide 20: Corporate Overview
Corporate Overview Strongly aligned Board & Management, with significant equity positions on the NGY register NuEnergy Gas Ltd (ASX:NGY) 52 week range $0.016 - $0.049 CAPITAL STRUCTURE For personal use only Share Price (21 Nov 2023) $0.020 Shares on Issue (m) 1,481m Market Capitalisation1 $29.61m Op
Slide 21: Board and Management
Board and Management Experienced Board additions leverages expertise from successful Oil & Gas exploration and strong local relationships For personal use only MR KEE YONG WAH MR KONG KOK KEONG MR ALAN FRASER DR GOH TIAN CHUAN Deputy Executive Chairman Non-Executive Director Non-Executive Director C
Slide 22: Contact details
For personal use only Contact details Corporate Office C/- KPMG, Level 38, Tower 3 International Towers Sydney T: (+612) 8076 7600 ir@nuenergygas.com 300 Barangaroo Avenue Sydney NSW 2000, Australia Alan Fraser (Director) HP: (+61) 412 635 000 (ASX:NGY) 22