Buru Energy Ltd · ASX:BRU
Buru Energy — Investor Presentation (May 2022)
20 slides from Buru Energy's investor presentation, May 26, 2022
Slide 1: Oil and Gas and the Energy Transition
For personal use only Oil and Gas and the Energy Transition 26 May 2022
Slide 2: Disclaimer
Disclaimer For personal use only This document has been prepared by Buru Energy Limited ABN 71 130 651 437 accumulations of oil and gas that cannot be measured in an exact way. All (“Buru”) and has been authorised for release to the ASX by the Executive contingent resources and prospective resources
Slide 3: Buru's Business Model
BURU’S BUSINESS MODEL Buru Energy’s core oil and gas business provides For personal use only the platform for its participation in the high growth Energy Transition Economy Our Core Business: Profitable oil production, conventional gas appraisal and development, extensive exploration “Buru recognise
Slide 4: Overview: Key assets and infrastructure to drive value
BURU OVERVIEW For personal use only Key assets and infrastructure to drive value Large contiguous land holdings in Long term, experienced local operator the Canning Basin (~22,000 sq kms) • Well established in the Kimberley with onshore Carnarvon expansion • Excellent stakeholder relations • Onshore
Slide 5: Core: Exploration programs to drive value
BURU CORE Exploration programs to drive value For personal use only Extensive 2021 exploration program including two wells and regional seismic program. Rafael 1 well discovery of significant conventional wet gas accumulation with independently verified Contingent Resources potentially sufficient fo
Slide 6: Carnarvon Basin conventional oil and gas and CCS potential
BURU CORE Carnarvon Basin conventional oil and gas and CCS potential For personal use only Canning Basin IP applied to new areas Buru’s experience and knowledge of Palaeozoic aged geology in the Canning Basin is being applied in other Australian Basins to competitive advantage. Successful applicatio
Slide 7: Rafael conventional wet gas discovery
BURU CORE Rafael conventional wet gas discovery For personal use only Rafael 1 well drilled on large structure with gas encountered in three zones Well is located in EP 428, a 50/50 Joint Venture between Buru Energy (Operator) and Origin Energy Rafael geology is similar to the currently producing Un
Slide 8: Rafael significance
BURU CORE Rafael significance For personal use only On an energy equivalent basis, Rafael contingent resource equates to ~190 mmbbls of oil at 3C level (energy equivalent basis 6,000 cubic feet of gas = 1 barrel of oil) Resources are potentially sufficient to provide a large-scale commercialisation
Slide 9: Rafael forward program
BURU CORE Rafael forward program For personal use only Feb 22 Initial testing program demonstrated excellent quality gas with less than 2% Well test with flow from restricted zones inerts (CO2) and rich condensate (light oil) of 40 barrels per million cubic feet with no pressure depletion or reservo
Slide 10: Rafael commercialisation
BURU CORE Rafael commercialisation For personal use only Multiple paths for commercialisation. Export to NW Shelf, Pilbara markets, petrochemicals and Blue Hydrogen in the Kimberley. Kimberley Current ullage window on the NWS opens the way for access to Petrochemicals lucrative international LNG mar
Slide 11: Geovault
INTEGRATED ENERGY TRANSITION Geovault For personal use only CCS (Carbon Capture and Storage) is a key component of any realisable path to net zero by 2050. Geovault aims to be a pre-eminent operator in the identification and operation of CCS projects, focused on the sequestration of CO2 in undergrou
Slide 12: 2H Resources
INTEGRATED ENERGY TRANSITION 2H Resources For personal use only 2H Resources is a first moving explorer for Natural Hydrogen (Gold or White Hydrogen) and associated Helium produced from underground reservoirs. The potential of Natural Hydrogen has only recently been recognised and 2H Resources has m
Slide 13: Battmin
INTEGRATED ENERGY TRANSITION Battmin For personal use only PB/Zn/Ag MVT style deposits are mined from hydrothermal dolomites in the Canning Basin and have been encountered in numerous petroleum wells. Battmin is using Buru’s expertise to explore for blind (undercover) MVT deposits controlled by the
Slide 14: Corporate: Board, management and snapshot
CORPORATE Experienced Board and For personal use only management. Eric Streitberg Corporate Snapshot Executive Chairman Exploration and development Shares on Issue ~538M Market Cap ~$100M Share Price $0.17 Working Capital ~$10M, with no debt (mid May 2022) Ms Joanne Kendrick Options 7.2M (Exp 31 Dec
Slide 15: Investment Summary
INVESTMENT SUMMARY Clear and compelling case for investment: For personal use only Strong Buru Core Business with significant core asset growth potential and Energy Transition growth. Buru Core Integrated Energy Transition Proven gas resource under development. Transition to new energy to future-pro
Slide 16: Technical Appendix
For personal use only Technical Appendix
Slide 17: Rafael Resources determination
TECHNICAL APPENDIX Rafael Resources determination For personal use only Ungani Dolomite Contingent Resources Oil and Condensate Gas (Bscf) (MMstb) ERCE were engaged to provide a resource estimation of the gas and 1C 2C 3C 1C 2C 3C condensate that had been encountered in the well. Gross Contingent Re
Slide 18: Rafael structure and Ungani Dolomite gas column
TECHNICAL APPENDIX Rafael structure and Ungani Dolomite gas For personal use only column Rafael 1 well drilled on large structure with gas encountered in three zones, Upper Laurel Dolomite (first time in the basin), Ungani Dolomite Equivalent, Anderson Formation (tight). Structure controlled by 2D s
Slide 19: Rafael hydrocarbon zones and test program
TECHNICAL APPENDIX Rafael hydrocarbon zones and test program For personal use only Due to a well control event at the top of the Ungani Dolomite section, 7 inch casing was required to be set over the upper part of the Ungani Dolomite section. The well was then completed “open hole” with no casing ov
Slide 20: Strong Core Business and Integrated Energy Transition
For personal use only Strong Core 1800 337 330 Business and Integrated LEVEL 2, 16 ORD STREET WEST PERTH WESTERN Energy Transition AUSTRALIA 6005 Business Streams INFO@BURUENERGY.COM WWW.BURUENERGY.COM BURU_ENERGY