Provaris Energy Ltd · ASX:PV1
Provaris Energy — Investor Presentation (September 2018)
18 slides from Provaris Energy's investor presentation, Sep 4, 2018
Slide 1: Delivery of CNG Solutions to Global Gas Markets
DELIVERY OF CNG SOLUTIONS TO GLOBAL GAS MARKETS WORLD LEADING MARINE CNG TECHNOLOGY CORPORATE PRESENTATION 4 SEPTEMBER 2018
Slide 2: Disclaimer
DISCLAIMER AUSTRALIA AND ALL JURISTICTIONS The information in this presentation is not an offer or recommendation to purchase or subscribe for securities in Global Energy Ventures Ltd (GEV) (ASX:GEV) or to retain or sell any securities currently being held . This presentation does not take into acco
Slide 3: GEV Board & GEV Canada Management
GEV BOARD & GEV CANADA MANAGEMENT Maurice Brand | Chairman and CEO • Over 30 years’ experience in the international energy industry • Foundered ASX listed Liquefied Natural Gas Limited in 2002 and Energy Equity Corporation Limited in 1985 (now known as ASX listed EWC) • Driving force behind both Com
Slide 4: Corporate Overview
CORPORATE OVERVIEW MANAGEMENT SHARE PRICE HISTORY (ASX: GEV) Jack Toby Company Secretary & CFO Roger Whelan Project Director, Atlantic CNG Raj Selvendra Country Director, India & Sri Lanka David Bradley Director, GEV Canada William Hornaday Director, GEV Canada David Stenning Chief Operating Officer
Slide 5: Energy Outlook Positive for Global Gas Markets
ENERGY OUTLOOK POSITIVE FOR GLOBAL GAS MARKETS PRIMARY ENERGY DEMAND (BILLION TOE) World GDP more than doubles by 2040 – driven by increasing prosperity in fast-growing emerging economies: • 2.5B people are lifted from low incomes > rising prosperity drives increase in global energy demand • Industr
Slide 6: Why CNG Marine Transportation?
WHY CNG MARINE TRANSPORTATION? CNG projects can yield Over 100 trillion cubic feet even higher returns due to of discovered gas Global excess of LNG Growing gas markets repeatable design, gas resources and curtailed production dragging readily available in both delivery flexibility and production ar
Slide 7: CNG vs LNG Value Chain
CNG VS LNG VALUE CHAIN US$ y Gas Supply Gas Sales GEV charges a single tariff to transport natural gas from Supply to Sales Liquefaction Plant Transportation Re-gas Facilities Gas Supply US$ 𝑥 US$ 𝑥 US$ 𝑥 Gas Sales PAGE | 7 LNG process regularly consists of 3 operators with 3 tariffs from Supply…
Slide 8: GEV Optimum Technology – A Step Change in Marine CNG Economics
GEV OPTIMUM TECHNOLOGY – A S TEP CHANGE I N M ARI NE CNG ECONOM I CS • The Optimum Technology is the next generation of Marine CNG storage • The Optimum Technology is the result of two decades of CNG developments and an expenditure in excess of US$50M • The Optimum Technology is based on the idea of
Slide 9: CNG Optimum 200
CNG OPTIMUM 200 CNG SHIP SPECIFICATIONS CNG PARAMETERS 185m Length 200 MMscf Gross Loaded Volume per ship 16.8m Moulded Depth >10.5m Required Water Depth in Port 31m Moulded Breadth 15 knots Average Cruising Speed 9.2m Fully Ladened Draft 45,600 t Displacement STORAGE SPECIFICATIONS 3,600 psi; 24.8
Slide 10: Low Density vs High Density Packing
LOW DENSIT Y VS HIGH DENSIT Y PACKING PREVIOUS COSELLE® TECHNOLOGY C49 200 MMscf 221m x 32m x 25m Ship Hull Volume: 180 000 m3 GEV OPTIMUM TECHNOLOGY CNG-0-200 200 MMscf 185m x 31m x 16.8m Ship Hull Volume: 96 000 m3 ABS Approval in Principle obtained in August 2016 for CNG Optimum 200 PAGE | 10 Tes
Slide 11: ABS Full Class Testing Underway
ABS FULL CLASS TESTING UNDERWAY • High pressure testing of the CNG Optimum pipe was successfully carried out on 10 August 2018 at CFER • The test proved that the Optimum pipe can withstand the pressure it will be subjected to while operating in a Optimum ship, plus a significant safety margin • Whil
Slide 12: CNG Projects Announced
CNG PROJECTS ANNOUNCED EUROPE NORTH AMERICA MIDDLE EAST AFRICA INDIA ASIA SOUTH AMERICA “DESIGN ONE, BUILD MANY” PAGE | 12 CNG Projects Announced CNG OPTIMUM 200 SHIP
Slide 13: Heads of Agreement with Twinza Oil
HEADS OF AGREEMENT WITH T WINZA OIL • GEV has executed a Heads of Agreement (HOA) with Twinza Oil Limited (Twinza) to jointly work together to undertake a Pre-Feasibility Study to evaluate a commercialisation plan for gas from the PNG Pasca A field via Marine CNG. • The Pasca A field is located in t
Slide 14: Pursuing Malaysian Gas with Tamarind Resources
PURSUING MALAYSIAN GAS WITH TAMARIND RESOURCES • GEV has entered into a Letter of Intent (LOI) with Tamarind Resources Pte Ltd, an oil and gas operator headquartered in Kuala Lumpur, Malaysia. • The aim of the LOI is to jointly identify, evaluate and pursue an interest/operatorship in gas fields in
Slide 15: Indian Sub-Continent a Major Growth Market for Gas
INDIAN SUB-CONTINENT A MAJOR GROW TH MARKET FOR GAS • The Indian government’s goal is to • Country Manager appointed for increase the energy mix from 6.5% India & Sri Lanka with a strong natural gas to 15% supported by a network of downstream and nationwide gas grid and setting up of upstream market
Slide 16: Atlantic CNG Project
ATLANTIC CNG PROJECT • Definitive agreement with Meridian Holdings Co. to acquire 5% equity interest in Meridian and secure port • Port Meridian is a proposed deepwater capacity & gas sale rights up to 300 port located 37km offshore, north west MMscf/d (circa 2.3Mtpa LNG England equivalent) to suppl
Slide 17: Progress Made Against 2018 Milestones
PROGRESS MADE AGAINST 2018 MILESTONES MARINE CNG OPTIMUM TECHNOLOGY P A S C A A C CNG N G Terminal PROJE Facilities CT ü Complete GEV CNG Optimum 200 ship design ü Secure HOA with Twinza Oil for marine CNG project opportunities • Shortly achieve Full Class Approvals from American Bureau of Shipping
Slide 18: Jack Toby, Company Secretary
Jack Toby Company Secretary T: +61 9322 6955 M: +61 417 962 369 E: jtoby@gev.com Simon Hinsley Investor Relations T: +61 401 809 653 E: simon@nwrcommunications.com.au
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