Invictus Energy Limited · ASX:IVZ
Invictus Energy — Good Oil Conference 2021
19 slides from Invictus Energy's conference presentation, September 2021
Slide 1: Invictus Energy Ltd Good Oil Conference Presentation
Invictus Energy Ltd (ASX: IVZ) Good Oil Conference Presentation Scott Macmillan Managing Director 1 September 2021
Slide 2: Disclaimer
Disclaimer This document is for information purposes only. It is not a prospectus, disclosure document or offering document under Australian law or under any other law and does not constitute an offer or invitation to apply for securities. In particular, this document is not an offer of securities f
Slide 3: First mover in the under-explored Cabora Bassa Basin, Zimbabwe
The first mover in the under-explored Cabora Bassa Basin, Zimbabwe, one of the last undrilled Oil & Gas basins in Africa Muzarabani Prospect is the largest undrilled conventional oil and gas prospect onshore Africa 8.2Tcf + 247 million barrels of conventional gas-condensate1 (~1.6 billion boe) indep
Slide 4: Invictus Snapshot
2018 WA $93.6m ~$9.1m Market Cap Listed Headquartered Net Cash @$0.16 Elephant scale Rapidly developing & High quality Significant Southern Invictus prospective Oil & Gas resource, with high supportive jurisdiction of Zimbabwe surrounding infrastructure African Energy shortage Snapshot quality data
Slide 5: Board & Management
Board & Management A highly experienced Board & Management team with a track record of developing leading Oil & Gas assets • +34 years in the Petroleum industry, having operated assets in 20 countries worldwide, including in +10 in African countries. Combines in-depth technical knowledge and a world
Slide 6: Corporate Overview
Corporate Overview Strongly aligned Board & Management, with significant equity positions on the IVZ register Invictus Energy Limited (ASX:IVZ) Capital Structure Share Price $0.16 Shares on Issue (m) 585m Market Capitalisation1 $93.6m Options / Performance Rights (m) 60m / 44m Enterprise Value (~$9.
Slide 7: SG 4571 – Asset Overview
SG 4571 – Asset Overview Owner and operator of SG 4571 Cabora Bassa asset with first term of work program complete to August 2020 • $30m seismic, gravity aeromagnetic and geochemical dataset Local Operators generated by Mobil during 1990’s who moved away from the asset due to focus on oil (not gas)
Slide 8: Working Petroleum System Present
Working Petroleum System Present Source Rock & Seal present in the basin – live oil recorded from 3 Mkanga formation surface samples TOC Frequency Outcrop Locations Source Rock Invictus Surface Outcrop Sample Program Mkanga Formation Permian July 2019 Frequency TOC up to 40%; HI up to 380 Alternatio
Slide 9: SG 4571 – Muzarabani Prospect Stacked Targets
SG 4571 – Asset Overview Muzarabani Prospect – 5 Stacked Targets can be targeted from a single well. 200km2 under closure N Msasa Lead 15km Muzarabani – Structural 4-way dip closure Dande: 0.4 Tcf Muzarabani Line 90MZIH-013 • • Forest: 1.6 Tcf S Upper Angwa outline • Pebbly Arkose: 1.4 Tcf + 60 mmbb
Slide 10: Muzarabani Prospect – Seismic Amplitude Anomalies
Muzarabani Prospect – Seismic Amplitude Anomalies Nears vs. Fars show structural amplitude support – possible indication of hydrocarbon fill? Elevated amplitudes from Nears to Mids Elevated amplitudes form Mids to Fars Line 013 - NEARS Line 013 Line 013 - MIDS Background amplitude gain strength is s
Slide 11: History & Strategic Milestones
History & Strategic Milestones Invictus holds a clear pathway to continue towards development of the SG 4571 asset Cabora Bassa Project Muzarabani Prospect Cabora Bassa Project Conclude Petroleum High impact basin Acquired – largest Independent Prospective receives Priority Project Exploration Devel
Slide 12: Zimbabwe – Geopolitical Overview
Zimbabwe – Geopolitical Overview An overlooked jurisdiction for last 20 years due to political and economic instability, despite significant reforms • New government is pro-business, promoting foreign investment and has implemented investor friendly reforms • Mines Minister is a former resources ind
Slide 13: Strategic Location – Southern Africa's Energy Crisis
Strategic Location – Southern Africa’s Energy Crisis Southern Africa is facing an energy crisis with increasing shortages of electricity hampering industry and investment • Majority of power in the region is coal and hydroelectric • Southern African Power Pool (‘SAPP’) enables cross-border Legend el
Slide 14: Strategic Location – Major Downstream Markets
Strategic Location – Major Downstream Markets Multiple large scale power generation, mining, chemical processing & industrial downstream consumers within Southern Africa Market Major Southern African Markets • Gas to Power can be generated locally and excess Power DRC exported to neighbouring countr
Slide 15: Strategic Location – Multiple Routes to Market
Strategic Location – Multiple Routes to Market Multiple transportation routes to market across existing infrastructure Infrastructure Major Routes to Market Tanzania Dar es Salaam • Twin Harare-Beira liquids pipeline (800km) and DRC 1 Gas Pipeline connect to ROMPCO pipeline feeding Sasol Gas Zambia
Slide 16: Southern Africa Permo-Triassic Explorer Asset Comparison
Southern Africa Permo-Triassic Explorer Asset Comparison Invictus’ peers have delivered material re-ratings with assets exhibiting similar or lesser qualities to SG 4571 Project Comparison Reconnaissance Energy Africa (TSXV:RECO) Invictus (ASX:IVZ) Asset Locations Market Cap ($AUD) $533.2m (pre-dril
Slide 17: Reconnaissance Energy Africa Development: Pre-Discovery
Reconnaissance Energy Africa Development: Pre-Discovery ReconAfrica is following a near identical work program to Invictus & has achieved a material re-rating for shareholders Reconnaissance Energy Africa (TSXV:RECO)1 Market Capitalisation ($AUD) $700m Legend D Market Cap $586.4m N Newsflow Seismic
Slide 18: Invictus Investment Opportunity
Invictus Investment Opportunity First mover advantage Multiple offtake MOU’s Strategically positioned Government providing with SG 4571 exhibiting secured with blue-chip to supply into Southern supportive environment significant scale potential customers underpinning African market with for developm
Slide 19: Contact
Contact: Scott Macmillan Managing Director E: info@invictusenergy.com P: +61 (8) 6102 5055 This presentation was approved for release by Scott Macmillan, Managing Director 19