Kinetiko Energy Ltd. · ASX:KKO
Kinetiko Energy — Investor Presentation (June 2024)
13 slides from Kinetiko Energy's investor presentation, Jun 20, 2024
Slide 1: South Africa's Onshore Gas Energy Solution
SOUTH AFRICA’S ONSHORE GAS ENERGY SOLUTION ASX:KKO June 2024 1
Slide 2: Executive Summary
LOCAL ENERGY CRISIS 1 Significant need for alternative energy supply in the region with Executive Summary rapidly declining coal and offshore gas energy supply driving major social and economic impacts NEAR TERM SOLUTION 2 Kinetiko Energy is a gas explorer focused on advanced shallow Onshore convent
Slide 3: South Africa's Energy Crisis
South Africa’s Energy Crisis SOUTH AFRICA LOAD SHEDDING1 % days per year with power cuts due to electricity supply shortages 100% Daily blackouts of up to 12 Worst load shedding in hours causing significant history experienced in CY23 social and economic and CY24 % days per year damage 50% Aging coa
Slide 4: Asset Overview
Asset Overview 100% SUCCESS All 44 wells have successfully encountered gas with large, shallow pay zones, suggesting uniform geology throughout entire tenement package A significant resource, with near-term material resource growth, in close proximity to existing energy infrastructure and major citi
Slide 5: Development Characteristics
Development NO FRACKING REQUIREMENT Shallow conventional gas asset allowing for cost effective extraction Characteristics without the requirement for fracking Gas to power represents a nearer-term solution to decarbonisation of CONVENTIONAL SETTING South African energy supply away from coal-based in
Slide 6: Development Strategy
Development Strategy Exploration Production Proof of Concept Corporate Commercial Scale 44 Exploration wells Drill five production Drilling additional Grant of ER383 Deliver SA’s Largest now drilled with 100% Wells to Confirm Gas production wells allowing significant Onshore LNG Project. success rat
Slide 7: Near Term Strategy
Near Term Strategy NEAR TERM EXECUTION PATHWAY CY24 CY25 COMMENT J F M A M J J A S O N D J F M A M J J A S O N D Coring Wells ER270 Confirm gassy pay zones and uniformity of geology Productions Testing Wells (Five wells) Assess viability of multiple development sites Extended Flow Testing Results (F
Slide 8: Production Test Program
Production Test Program Development focused exploration program of five production / appraisal wells in southern fields (4 wells ER271, 1 well ER270) All five wells and subsequent flow testing will provide significant data to allow commercial development and a material level of newsflow First well l
Slide 9: Medium Term Development
Medium Term Development Proof of Concept Commercial Scale Project Financing Fiscal Terms KKO IDC $48m $138m 70% 30% $90m $90m $48m $39m $51m Debt Cost External Debt IDC Equity Cost Total Project Cost Equity Cost KKO Drilling of additional production holes at existing Amersfoort field cluster Joint V
Slide 10: Board & Management
Board & Management Nick de Blocq CEO In-Country Adam Sierakowski Executive Chairman Nick has over 35 years of experience as an Engineer and Manager in the Adam is a seasoned lawyer and founding director of Palisade Corporate and Upstream Oil and Gas industry in various senior roles, including Multi-
Slide 11: Corporate Overview
Corporate Overview Volume Share Price $0.15 15m $0.10 10m $0.05 5m - - Jun-23 Sep-23 Dec-23 Mar-24 Jun-24 CORPORATE SNAPSHOT (18/06/2024) MAJOR SHAREHOLDERS Shareholdings Shareholder Shares (m) % Shares on Issue 1,432m Mr Don Ncube 251.1m 17.5% Options & Performance Rights 27.8m Directors Mr Brendan
Slide 12: Resource & Reserves
Resource & Reserves License1,4 1C 2C 3C Total CBM and SST CR 2,846.0 6,031.4 17,429.1 License2,4 1U 2U 3U ER 271 - - - ER 270 3,201 5,413 8,396 ER 272 303 406 529 Total 3,504 5,819 8,925 Reserves3,4 PDP PDNP PUD Total Proved (1P) Proved + Probable (2P) Proved + Probable + Possible (3P) Gas (MMCF) 0.
Slide 13: Contact
CONTACT Adam Sierakowski Richard Wolanski Nick de Blocq Executive Chairman Corporate Finance CEO adam@kinetiko.com.au richard@kinetiko.com.au nick@kinetiko.com.au 13