Empyrean Energy Plc · LSE:EME
Empyrean Energy — Investor Presentation (August 2017)
19 slides from Empyrean Energy's investor presentation, August 2017
Slide 1: Empyrean Energy Plc Investor Presentation Q3 2015
1 Empyrean Energy Plc | Investor Presentation | Q3 2015
Slide 2: Disclaimer
Disclaimer These presentation slides (the "Slides" ) relating to Empyrean Energy plc (the “Company) and any subsidiary of the Company do not constitute an offer or invitation to purchase or subscribe for any securities of the Company or of any body corporate and should not be relied on in connection
Slide 3: Empyrean Energy at a Glance
Empyrean Energy at a Glance •3% interest in the •Successful •US$ 50 million •US major •Strong •Production Sugarloaf AMI in appraisal of facility in place Marathon Oil understanding of profitable at current the Eagle Ford Austin Chalk with Macquarie operates the oil and gas oil prices Shale Texas – t
Slide 4: Key Data
Key Data Market EPIC Share Price Shares in Issue Market Cap 12 month price Debt Facility range 6.5 222 4.75 – 20.50 AIM EME £14.72 million US$50 million pence million pence Net Profit After Tax TD Direct Investing Nominees (Europe) Ltd) 14.11% Net Profit/Loss GBP £5,000,000 Tom Kelly 9.41% £- Barcla
Slide 5: Strategy
Strategy To increase production and reserves by developing Empyrean’s advanced hydrocarbon production and development projects, which have excellent technical merit, in order to build shareholder value Capitalise on excellent production upside potential available from Austin Chalk and Upper Eagle Fo
Slide 6: Experienced Board
Experienced Board Patrick Cross Dr Cross is experienced in corporate finance, organisation structures, marketing and joint venture Non-Executive operations. His previous positions include 25 years with British Petroleum specialising in strategic Chairman business development and six years as MD of B
Slide 7: 3% W.I. Sugarloaf AMI
3% W.I. Sugarloaf AMI Current net 1P reserves Targeting Upper 231 gross Operated by daily Net acreage 5.78MMboe & Lower EFS wells and Austin Marathon Oil production of of 729 acres 2P Reserves 12.64MMboe producing Chalk 1,216 boe 7 Empyrean Energy Plc | Investor Presentation | Q3 2015
Slide 8: Eagle Ford Shale Location
Eagle Ford Shale Location 8 Empyrean Energy Plc | Investor Presentation | Q3 2015
Slide 9: About the Eagle Ford Shale
About the Eagle Ford Shale • • • • • • 9 Empyrean Energy Plc | Investor Presentation | Q3 2015
Slide 10: Dramatic Reserves/Resource Increase
Dramatic Reserves/ Resource Increase • 63% increase in 1P to 5.78 MMboe (NPV10: US$43.8 million) 25 • 94% increase in 2P to 12.64 MMboe (NPV10: US$121.7 million) 20 • 134% Increase in 3P Reserves to 20.91 Mmboe (NPV10 of 15 US$263.5 million) 10 • Attributable to successful appraisal of the Austin Ch
Slide 11: Ongoing Upside from Sugarloaf AMI
Ongoing Upside from Sugarloaf AMI • Currently targeting the Upper Eagle Ford Shale, Lower Eagle Ford Shale and the Austin Chalk • Estimated further >350 wells to develop the Eagle Ford Shale @ 40 acre spacing; 300 Austin Chalk @ 60 acre spacing; similar for Upper EFS • Additional potential from the
Slide 12: Marathon's Aggressive Development
Marathon’s Aggressive Development 12 Empyrean Energy Plc | Investor Presentation | Q3 2015
Slide 13: Investment Case
Investment Case • • • • • • • • 13 Empyrean Energy Plc | Investor Presentation | Q3 2015
Slide 14: Contact
Contact T: +61 (419) 045 044 E:tom.kelly@empyreanenergy.com T: +44 (0) 20 7236 1177 E: lottie@stbridespartners.co.uk/ elisabeth@stbridespartners.co.uk 14 Empyrean Energy Plc | Investor Presentation | Q3 2015
Slide 15: Appendices
Appendices 15 Empyrean Energy Plc | Investor Presentation | Q3 2015
Slide 16: Calculating Reserves & Resources
Calculating Reserves & Resources • Diagram demonstrates how 2P and 3P reserves are allocated around a producing well 16 Empyrean Energy Plc | Investor Presentation | Q3 2015
Slide 17: Eagle Ford Well Spacing
Eagle Ford Well Spacing 17 Empyrean Energy Plc | Investor Presentation | Q3 2015
Slide 18: Eagle Ford Stratigraphy
Eagle Ford Stratigraphy 18 Empyrean Energy Plc | Investor Presentation | Q3 2015
Slide 19: Texas Gulf Coast
Texas Gulf Coast 19 Empyrean Energy Plc | Investor Presentation | Q3 2015
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