D3 Energy Limited · ASX:D3E
D3 Energy — Essential Energy Conference 2024
23 slides from D3 Energy's conference presentation, Sep 18, 2024
Slide 1: Essential Energy Conference
Essential Energy Conference Parmelia Hilton Perth David Casey – Managing Director & CEO 17th & 18th September 2024 d3energy.com.au
Slide 2: Disclaimer
Disclaimer This document provides summary information about D3 Energy Limited (ACN 649 276 808) (D3 Energy or the Company) current as at the date of this presentation. This document has been prepared for information purposes only This document is not, and should not be considered as, an offer or an
Slide 3: Who is D3 Energy?
Who is D3 Energy? d3energy.com.au | 3
Slide 4: Corporate Snapshot
Corporate Snapshot Corporate structure (ASX:D3E) Major Shareholders (as of 16th Sept 2024) 120.8m $0.16 Shares on issue Share price (@ 16 Sept 2024) $19.3m $8.6m Market Cap Cash (30 Jun 2024) Enterprise Value (EV) $10.7M Resource volumes as stated from the Sproule independent evaluation of ER315 wit
Slide 5: So, what is Helium and what's is used for?
So, what is Helium and what's is used for? d3energy.com.au | 5
Slide 6: Helium – What's it used for?
Helium – What’s it used for? Source: Akap Energy (Feb 2024) Helium is a critical resource for the 21st Century d3energy.com.au | 6
Slide 7: Global Helium supply and demand
Global Helium supply and demand • Classic case of demand outstripping supply • Current demand growth of around 5-6% is double expected supply growth • Total market expected to grow from 6BCF to just over 8BCF in 2030 • Tightening supply will have an obvious effect on price Current and projected Heli
Slide 8: Helium pricing
Helium pricing • The cost of helium is at record levels and is predicted to continue to increase • Prices over last 5 years have increased at 18% p.a • US spot pricing was between US$1,000 and $2500/mcf in 2022 Estimated Helium Import Pricing (US$/mcf) Global Helium Export Prices by Region (US$/mcf)
Slide 9: Portfolio
Portfolio d3energy.com.au | 9
Slide 10: Assets
Assets • Four permit areas totalling 442,750 acres in the Free State South Africa Permit Area (acres) ER315 294,986 ERA341 81,535 TCP235 36,843 TCP240 29,386 • Prospective for both natural gas (methane) and helium • Confirmed free flowing gas production rates from historical gold exploration borehol
Slide 11: Exploration Right 315 (ER315)
Exploration Right 315 (ER315) d3energy.com.au | 11
Slide 12: ER315 – Excellent initial results
ER315 – Excellent initial results • Measured helium concentrations of 4.7% to 5.1% for RBD03 & RBD10 respectively • Two-week average production testing results of 147msfcd and 191mscfd for RBD03 & RBD10 respectively • Well’s free flow gas to surface – negligible pressure, no produced water, no downh
Slide 13: Low cost – high return wells
Low cost – high return wells • High helium concentrations at current gas rates = high potential well profitability • Methane is a valuable commodity in its own right in energy starved South Africa • Wellhead (no processing) payback periods of months not years! Bloemskraal 100msfd (4.4% helium) wellh
Slide 14: D3 Energy is not just about Helium!
D3 Energy is not just about Helium! d3energy.com.au | 14
Slide 15: It's not just Helium…and South Africa needs it
It’s not just Helium…and South Africa needs it • ER315 and adjacent permits also have significant prospectivity for deep basin biogenic gas (methane) • South Africa currently imports gas via pipeline from the Pande & Temane fields in Mozambique with significant and growing shortfalls announced Sourc
Slide 16: D3 has established strategic partnerships
D3 has established strategic partnerships d3energy.com.au | 16
Slide 17: NOVO Energy – Resources to RESERVES
NOVO Energy – Resources to RESERVES • NOVO Energy (NOVO) is an integrated energy and technology company and licensed gas trader and major D3 Energy shareholder. NOVO has a focus on: • Procurement and development of methane rich gas sources • Establishment and ownership of gas infrastructure (CNG/LNG
Slide 18: Timelines
Timelines d3energy.com.au | 18
Slide 19: The next 12 months…
The next 12 months… ACTIVITY 2024 2025 MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN Drilling RBD12 Spudded 11th Sept. Production testing RBD12 Production re-testing RBD10 Production testing RBD03 Production testing RBD01 Long term production testing Seismic planning and approvals Seismic
Slide 20: In Summary…
In Summary… d3energy.com.au | 20
Slide 21: Why D3 Energy?
Why D3 Energy? Defined LARGE contingent resource adjacent to existing producer, including ‘regenerating methane’ • 2C Contingent Resource of 22.4BCF Helium and 475 BCF Methane adjacent to Renergen’s already-producing Virginia field • World class measured helium concentrations of 5% and as high as 9%
Slide 22: THANK YOU…
THANK YOU… d3energy.com.au | 22
Slide 23: d3energy.com.au
d3energy.com.au Tel: +61 2 8072 1400 Email: admin@d3energy.com.au Web: www.d3energy.com.au