Slide 1: Q2 2022 Update
Q2 2022 UPDATE CORO ENERGY PLC A SOUTH EAST ASIAN LOW CORO ENERGY PLC INVESTOR PRESENTATION Q2 CARBON ENERGY BUSINESS PRIVATE & CONFIDENTIAL
Slide 2: Disclaimer
DISCLAIMER The information contained in this document (“Presentation”) has been prepared by Coro Energy plc (the “Company”). While the information contained herein has been prepared in good faith, neither the Company nor any of its shareholders, directors, officers, agents, employees or advisers giv
Slide 3: Executive Summary
SOUTH EAST EXECUTIVE SUMMARY ASIA PORTFOLIO E X EC U T I V E S U M M A RY ST R AT EGY 2 150MW SOLAR PROJECT (VIETNAM) 100MW WIND PROJECT (PHILIPPINES) 4 A South East Asian focused low carbon Utilise existing cash resources and funds energy business, blending a strong from the Italian portfolio to fu
Slide 4: The Team
THE TEAM James Parsons Mark Hood Michael Carrington Ewen Ainsworth Chairman CEO and Executive COO CFO Director Experienced AIM Chairman Over 20 years’ experience in 30 years’ experience of energy Over 30 years experience CORO ENERGY PLC INVESTOR PRESENTATION Q2 with over 20 years’ experience utility
Slide 5: Why South East Asia?
WHY SOUTH EAST ASIA? Rapid GDP growth will Significant new annual investment in Governments noted to be shelving increase energy demand renewables is forecast to 2040 to meet coal projects in favour of clean growing demand energy substitutes CORO ENERGY PLC INVESTOR PRESENTATION Q2 PROJECTED ASEAN G
Slide 6: Italian Gas Portfolio
C A S A TO N E T TO CASCINA C A S T E L LO ITALIAN GAS PORTFOLIO SILLARO S . A L B E R TO OPERATED S . LO R E N Z O R A PA G N A N O CORO ENERGY PLC INVESTOR PRESENTATION Q2 A S S E T OV E RV I E W Strong Milan based operational Six production concessions team with extensive track record containing
Slide 7: Duyung PSC Asset Overview
NON-OPERATED DUYUNG PSC A S S E T OV E RV I E W T E N G I R I -1 Located in the West Natuna basin Shallow, Intra-Muda sandstone reservoir CORO ENERGY PLC INVESTOR PRESENTATION Q2 Six wells have penetrated the field to date TA M B A K-1 Two wells successfully flow tested at rates of approx. 9MMscf/d
Slide 8: Duyung PSC: Forward Plan
WNTS (WEST NATUNA TRANSPORT SYSTEM) GAS PIPELINE TO SINAGPORE DUYUNG PSC : FORWARD PLAN CORO ENERGY PLC INVESTOR PRESENTATION Q2 Close to existing infrastructure, including third party operated West Natuna Transportation System (WNTS), which delivers gas directly to Singapore WNTS has spare capacity
Slide 9: Vietnam Rooftop Solar Portfolio
VIETNAM ROOFTOP SOLAR PORTFOLIO 3MW pilot project PPA signed AREA OF PROJECTS Post rooftop pilot potential to expand project up to 150MW on CORO ENERGY PLC INVESTOR PRESENTATION Q2 modular basis, dependant on capital availability Management investigating various specifications of rooftop and demand
Slide 10: Philippines Solar and Wind Projects
PHILIPPINES SOLAR AND WIND PROJECTS 100MW utility scale Solar 100MW utility scale onshore wind 2 x Pre development projects Targeting IRR between Pre development project Annual production forecast approximately 6 months from mid-teen to mid twenties approximately 12 months to above 400,000 MWh with
Slide 11: ion Ventures – Proof of Concept
ION VENTURES – PROOF OF CONCEPT ion Ventures is a developer of UK & IRELAND SOUTH EAST ASIA clean energy projects in the UK and South East Asia including Indonesia, Thailand and the Philippines CORO ENERGY PLC INVESTOR PRESENTATION Q2 Coro is ion’s joint largest shareholder with a 20.3% share Coro h
Slide 12: Investment Summary
INVESTMENT SUMMARY: Supporting the regional transition to a low carbon economy South East Asian energy markets Key focus is development of Increasing deployment of capital into Asian present a compelling investment prolific Duyung asset (key renewables projects to provide sustainable cash case for g
Slide 13: Shareholders
SHAREHOLDERS CORO ENERGY PLC INVESTOR PRESENTATION Q2 3% 10.87% 7% 7% 72.13% info@coroenergyplc.com Q1 Corotr1@coroenergyplc.com James Parsons - Chairman Mark Hood - CEO CONRAD PETROLEUM LTD LOMBARD ODIER CIP MERCHANT CAPITAL MANAGEMENT OTHERS 13