Provaris Energy Ltd · ASX:PV1
Provaris Energy — Investor Presentation (May 2019)
18 slides from Provaris Energy's investor presentation, May 9, 2019
Slide 1: Corporate Presentation May 2019
CORPORATE PRESENTATION MAY 2019
Slide 2: Corporate Overview
CORPORATE OVERVIEW CAPITAL STRUCTURE ASX: GEV 24MTH SHARE PRICE HISTORY ASX: GEV Ordinary Shares on Issue 362.9 Market Capitalisation at $0.22/share $79.8m Cash Balance 31 Mar 2019 $3.7m Performance Shares 3 15.9m (3%) Options on Issue 1 42.7m (10%) Performance Rights 2 16.5m (4%) Fully Diluted Shar
Slide 3: Board & Senior Management
BOARD & SENIOR MANAGEMENT Maurice Brand Garry Triglavcanin Martin Carolan Paul Garner Jens Jensen John Fitzpatrick Executive Chairman & Executive Director & Executive Director Non-Executive Director Non-Executive Director Chief Technical Officer Chief Executive Officer Chief Development Officer Corp
Slide 4: Coal-to-Gas Switch Accelerates Gas Demand
COAL-TO-GAS SWITCH ACCELERATES GAS DEMAND GAS TO OVERTAKE COAL AS WORLD'S SECOND LARGEST ENERGY SOURCE BY 2030 World Energy Outlook Report, November 2018, International Energy Agency +25 to 50% +45% 25% 60% Growth in Energy Global Gas Global Energy Of Global Gas Imports Demand By 2040 Demand By 2040
Slide 5: GEV Positioned to Capitalise on Global Gas Demand
GEV POSITIONED TO CAPITALISE ON GLOBAL GAS DEMAND 2018-2030 GLOBAL DEMAND GROWTH +167 MMtpa Asia 143 MMtpa +14 ROW 143 MMtpa +53 +9.5 +61 -7.4 +44 +7.1 PAGE | 5
Slide 6: CNG Optimum Resolves Limitations of Marine CNG Design
CNG OPTIMUM RESOLVES LIMITATIONS OF MARINE CNG DESIGN 1965 | Columbia Gas 2019 | CNG OPTIMUM Approved for Construction ◉ Containment system integrated into the ship design • Steel and design ◉ Long horizontally stacked pipe minimises connections & optimises the cargo hold factors of the 60’s ◉ Optim
Slide 7: CNG Optimum Ship - Construction Ready in 2019
CNG OPTIMUM SHIP - CONSTRUCTION READY IN 2019 ◉ GEV’s shipping team is led by Director, Jens Martin Jensen, who has +30 years international shipping experience having concluded more than 200 shipbuilding contracts . ◉ GEV is supported through the appointment of two internationally recognised shippin
Slide 8: CNG Project Portfolio Aligned to Growth in Global Gas Demand
CNG PROJECT PORTFOLIO ALIGNED TO GROWTH IN GLOBAL GAS DEMAND ◉ Established pipeline of regional projects driven by: growth in gas demand; stranded gas resources; or associated gas resources ◉ Projects now into scoping/feasibility to demonstrate marine CNG is a viable alternative to LNG or FLNG ◉ 201
Slide 9: Scalable 'Pipe-to-Pipe' Gas Transport Business Model
SCALABLE ‘PIPE–TO–PIPE’ GAS TRANSPORT BUSINESS MODEL ◉ The CNG Optimum shipping capability is designed for regional gas transportation solutions that are economically competitive with alternative transport options for a given volume and distance. ◉ GEV will target projects where it can develop and i
Slide 10: 1. Marine CNG Transport Service
1. MARINE CNG TRANSPORT SERVICE ◉ The marine CNG transportation of gas from point A to point B via GEV’s CNG 200 Optimum ships. GEV’s scope of work under this type of opportunity would typically include: • CNG Export Terminal (metering, gas treatment, compression, jetty, loading facilities); • CNG 2
Slide 11: 2. Stranded Gas Fields
2. STRANDED GAS FIELDS ◉ Many discovered gas fields remain uncommercial due to their limited gas resource size and/or distance to market. Such fields are usually located off-shore. In the past, only two options were available, being: • i) pipeline to market; or ii) transportation via floating liquef
Slide 12: 3. Oil Fields with Associated Gas
3. OIL FIELDS WITH ASSOCIATED GAS ◉ In many oil fields, the associated gas is not monetised (pipeline/FLNG not commercially viable). Such oil fields are usually located off- shore with associated gas typically re-injected (or occasionally flared). The key value driver for these fields is the oil, no
Slide 13: 4. Remote Small Scale Power Generation
4. REMOTE SMALL SCALE POWER GENERATION ◉ Expensive liquid fuels are the only viable choice for power generation in many places around the world. This is due to i) the small size of power station; ii) remote location; and iii) non-availability of alternate fuels such as natural gas. ◉ GEV is pursuing
Slide 14: Advantages of CNG Optimum Shipping Solution
ADVANTAGES OF CNG OPTIMUM SHIPPING SOLUTION ◉ Ideal for regional distances (< 2,500km) UNLOCK ◉ Flexibility to deliver gas from volumes of 20 to 400 MMscf/d REGIONAL GAS ASSETS & ◉ Compression requires significantly less capex than liquefaction MARKETS ◉ Can unlock value in small to medium stranded
Slide 15: Accelerated Value Creation Across a Portfolio of Projects
ACCELERATED VALUE CREATION ACROSS A PORTFOLIO OF PROJECTS ◉ Repeatable design, low development costs (i.e. EPC FEED) & limited regulatory permitting accelerates development timeline to FID vs typical LNG project. ◉ NEARING As a development company, GEV can sustain development COMPLETcel costs across
Slide 16: Investment Summary
INVESTMENT SUMMARY All technical & safety approvals completed for CNG Optimum ship – ready to be commercialised Selection of preferred Shipyards 2Q 2019 > Construction ready by mid-2019 Advancing portfolio of global projects to eliminate binary outcome of a single project company Compelling
Slide 17: 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 18: Maurice Brand and Martin Carolan contact details
Maurice Brand Martin Carolan Chairman & CEO Executive Director 📞 +61 8 9322 6955 📞 +61 404 809019 📥 mbrand@gev.com 📥 mcarolan@gev.com