Top End Energy Limited · ASX:TEE
Top End Energy — Shareholder Meeting (November 2023)
17 slides from Top End Energy's shareholder meeting presentation, Nov 23, 2023
Slide 1: Leading Australia into a Low-Carbon Energy Future
For personal use only LEADING AUSTRALIA INTO A LOW-CARBON ENERGY FUTURE 2023 AGM PRESENTATION 23 NOVEMBER 2023
Slide 2: Disclaimer
DISCLAIMER This presentation is for the sole purpose of preliminary background information to enable recipients to review the business activities of Top End Energy Limited (Australian Company Number 650 478 774) (the Company). For personal use only This presentation is not a prospectus and does not
Slide 3: 2023 Highlights
2023 HIGHLIGHTS For personal use only 1. COMPLETED 2D SEISMIC ACQUISITION IN QUEENSLAND MATURING COOLIBAH PROSPECTIVITY AHEAD OF PLANNED 2024 DRILLING 2. EXECUTED KEY AGREEMENTS FOR PRIORITISED PERMITS IN NT PLANNED EXPLORATION ACTIVITIES TO COMMENCE FOLLOWING ANTICIPATED GRANT OF EP 258 3. AWARD AN
Slide 4: Innovative Onshore Gas Exploration and Development Company
INNOVATIVE ONSHORE GAS EXPLORATION AND 2 DEVELOPMENT COMPANY For personal use only 3 1 UNLOCKING CRITICAL PRODUCTS TO DRIVE THE ENERGY TRANSITION 1. ADAVALE BASIN Proven producing region with material conventional gas prospect identified He H 2. MCARTHUR BASIN One of Australia’s most active gas expl
Slide 5: Large, Prospective Australian Acreage Position
LARGE, PROSPECTIVE AUSTRALIAN ACREAGE POSITION DIVERSIFIED ONSHORE EXPLORER TARGETING NEAR-TERM DRILLING EVENTS • Strategy focused on maturing a portfolio of high impact, For personal use only technically independent onshore targets • Basin margin focus with play opening potential for natural gas, n
Slide 6: Adavale Basin Zone: Material Conventional Gas Prospectivity
1. ADAVALE BASIN ZONE MATERIAL CONVENTIONAL GAS PROSPECTIVITY IN UNDER-EXPLORED BASIN For personal use only • ATP 1069 permit covering approximately 1,048km2 located 130km NW of Charleville in Central Queensland • Situated approximately 75km east of the conventional Gilmore gas field, close to exist
Slide 7: Adavale Basin Zone: Multiple Stacked Play Types Identified
1. ADAVALE BASIN ZONE MULTIPLE STACKED PLAY TYPES INDENTIFIED For personal use only ATP 1069 Stacked Basement Drape Play • ✓ Newly acquired Coolibah 2D data processing has provided a material uplift in data quality 10km ✓ • Seismic interpretation has confirmed the presence of the large Coolibah stru
Slide 8: McArthur Basin Zone: One of Australia's Most Active Gas Exploration Regions
2. MCARTHUR BASIN ZONE ONE OF AUSTRALIA’S MOST ACTIVE GAS EXPLORATION REGIONS • The McArthur Basin hosts multiple discovered resource plays including E&P COMPANIES IN THE For personal use only MCARTHUR BASIN the highly prospective Beetaloo sub-basin • One of the largest shale gas deposits globally a
Slide 9: McArthur Basin Zone: Critical Milestones Reached on Priority Acreage
2. MCARTHUR BASIN ZONE CRITICAL MILESTONES REACHED ON PRIORITY ACREAGE For personal use only ✓• Multiple on-country meetings with native title holders ✓• Exploration Agreement executed with native title holders EP 258 ✓• Section 31 Deed executed with Northern Land Council Gas Pipeline and NT Governm
Slide 10: Amadeus Basin Zone: Untested and Historically Overlooked Margin Extension
3. AMADEUS BASIN ZONE UNTESTED AND HISTORICALLY OVERLOOKED MARGIN EXTENSION For personal use only • Amadeus Basin is the NT’s flagship onshore producing oil and gas basin, also hosting some of the largest undeveloped natural Hydrogen and Helium resource potential in the world • Basin margins of the
Slide 11: Amadeus Basin Zone: Award and Grant of Prospective New Acreage
3. AMADEUS BASIN ZONE AWARD AND GRANT OF PROSPECTIVE NEW ACREAGE • Awarded 6,300 km2 permit in WA ✓ For personal use only Petroleum Acreage Release 2P/2022 ✓ • Formal grant received from DMIRS EP 501 • Ongoing engagement with ✓ representatives of the Kiwirrkurra and Ngaanyatjarra Lands People to put
Slide 12: Natural Hydrogen and Helium Potential
NATURAL HYDROGEN AND HELIUM POTENTIAL HYDROGEN STUDY IDENTIFIES HIGHLY PROSPECTIVE PLAY FAIRWAYS For personal use only • The Greater McArthur Basin margin is considered highly prospective for natural (Gold) Hydrogen • Evidence of natural Hydrogen identified from internal play fairway mapping and ope
Slide 13: Demonstrated Track Record of Progress
DEMONSTRATED TRACK RECORD OF PROGRESS DELIVERING ON COMMITTED STRATEGY OVER LAST 12 MONTHS For personal use only PROSPECTIVE SUCCESSFUL NATIVE TITLE EXPLORATION NEW 2D SEISMIC SECTION 31 RESOURCE AWARD OF NEW HOLDER AGREEMENT PROCESSING DEED EXECUTED ANNOUNCED WA ACREAGE APPROVAL EXECUTED COMPLETE K
Slide 14: Clear Advancement Pathway
CLEAR ADVANCEMENT PATHWAY PLANNED WORK PROGRAM TO MATURE KEY FOCUS AREAS TO DRILLING Key activity Q4 2023 Q1 2024 Q2 2024 Q3 2024 For personal use only 1 Complete interpretation of new 2D seismic 1 Coolibah drilling decision 1 ATP 1069 farm-down Subject to 1 Exploration well on ATP 1069 drilling dec
Slide 15: Enquiries
For personal use only Enquiries info@topendenergy.com.au
Slide 16: Corporate Snapshot
CORPORATE SNAPSHOT TIGHT REGISTER, SUPPORTIVE MAJOR SHAREHOLDERS For personal use only Capital structure Register detail3 Share price1 A$0.15/share TOP 20 NT asset vendor Shares on issue 69.6M 41% 39% 59% Board and management 58% Market capitalisation (undiluted)1 A$10.4M Other Top 20 3% Cash2 A$2.1
Slide 17: Highly Driven Leadership Team
HIGHLY DRIVEN LEADERSHIP TEAM DEEP GAS EXPLORATION, DEVELOPMENT AND MARKET EXPERTISE For personal use only EMMANUEL OLIVER DR MIKE GREG RICHARD MARSHALL CORREIA OXENBRIDGE FISCHER LEE LAMPE HOOD MANAGING NON-EXECUTIVE TECHNICAL NON-EXECUTIVE EXPLORATION CHAIR DIRECTOR DIRECTOR DIRECTOR DIRECTOR MANA