Elixir Energy Limited · ASX:EXR
Elixir Energy — Australian Energy & Minerals Investor Conference 2019
14 slides from Elixir Energy's conference presentation, Mar 27, 2019
Slide 1: Exploring for gas in the Heart of Asia
Exploring for gas in the Heart of Asia For personal use only Coal bed methane exploration proximate to China 27 March 2019 – Australian Energy & Minerals Investor Conference - Presentation
Slide 2: Investment Highlights
Investment Highlights For personal use only ➢ Mongolian gas focus – 100% working interest in the 7,000,000 net acre Nomgon IX coal bed methane (CBM) PSC (~30,000 km2) in major coal bearing sedimentary basin ➢ Giant* CBM prospective resource for Nomgon IX PSC identified, with best estimate of 40.1 Tc
Slide 3: Next Door to China's rapidly growing gas market
Next Door to China’s rapidly growing gas market For personal use only ➢ The Nomgon IX CBM PSC is located immediately proximate to the Chinese border ➢ China imports gas from every direction and seeks to continually diversify its sources of supply ➢ Mongolian CBM expected to be highly cost competitiv
Slide 4: Nomgon IX Comparison with Santos GLNG
Nomgon IX Comparison with Santos GLNG For personal use only GLNG Acreage Gladstone Nomgon IX Fairview Roma West East Pipeline 100km 100km Export scale acreage package
Slide 5: Nomgon IX CBM PSC
Nomgon IX CBM PSC For personal use only ➢ CBM PSC signed in September 2018 by acquired company Golden Horde Ltd (GOH) ➢ Mongolian CBM PSC has fiscal and other terms designed for unconventional petroleum ➢ No back-in rights or mandatory local partnering Exploration term 10 – 15 years Production term
Slide 6: Nomgon IX CBM PSC – why selected
Nomgon IX CBM PSC – why selected For personal use only ➢Data from Tavan Tolgoi indicate gas contents of up to 15m3/tonne (480 cf/ton)1, at depths of 467 metres below surface (high by world standards) ➢Late Permian aged coals (Tavantolgoi Group) from surface to >1000m depth with individual seam thick
Slide 7: 2019 Exploration Program
2019 Exploration Program For personal use only 2D Seismic 2019 Drilling Acquisition* Campaign (2 wells)* Q1 2019 Q2 2019 Q3 2019 Q4 2019 EIA finished & Seismic Seismic Processing Gas Desorption Planning complete and Interpretation and Testing *Subject to suitable equipment availability and governmen
Slide 8: Operations Update
Operations Update For personal use only ➢ Tender process for Seismic underway with 8 Contractors providing proposals ➢ Seismic program based on: 1. Integrated technical data including gravity, magnetics, coreholes and surface mapping 2. Focus on coals seams between 500 and 1,500m ➢ CBM is a shallow
Slide 9: Drilling Plans
Drilling Plans For personal use only Preliminary Drilling and Casing Program ➢ Preliminary HQ Drilling Program for Nomgon IX Coreholes completed by Brisbane based Drilling Advisor ➢ Program incorporates: 1. Coring of coal seams 2. 2 Drill Stem Tests of prospective coal seams 3. Wireline logging 4. D
Slide 10: Pro-rata distribution – Entek Shares
Pro-rata distribution – Entek Shares For personal use only ➢ In late 2018 Elixir acquired a ~150,000 acre leasehold position on Alaska’s North Slope (100% ownership position) ➢ Acreage considered on trend to recent large oil discoveries ➢ Acreage being sold to Entek Energy (ASX: ETE) for scrip. Conf
Slide 11: Capital Structure
Capital Structure For personal use only Balance sheet Shareholders Current (million) Percentage Ordinary Shares (ASX:EXR) 384.8 Board 9.3% Unlisted Options (ex 4.0 – 4.5 cents) 8.0 Substantial shareholders Neil Young – 5.1% Listed Options (ex 7.5c by 31.12.20) 96.2 Top 20 36.3% Performance Shares (M
Slide 12: Contact Us
Contact Us For personal use only Neil Young Chief Executive Officer neil.young@elixirpetroleum.com Phone - +61 8 6001 6938 Elixir Petroleum Limited will shortly be re-named Elixir Energy Limited (subject to a shareholder vote on 29th March). Look out for our new website and follow us on social media
Slide 13: Appendix 1: Independent Prospective Resource Report
Appendix 1: Independent Prospective Resource Report For personal use only ➢ First independent prospective resource report completed by ERC Equipoise Pte Ltd (ERCE)* ➢ Giant resource identified with Geological Risk likely to be significantly reduced following 2019 exploration programme (2D seismic an
Slide 14: Important Notice & Disclaimer
Important Notice & Disclaimer For personal use only This document has been prepared by Elixir Petroleum Limited (ABN 51 108 230 995) (“Elixir”) in connection with providing an overview of its business to interested analysts/investors. This presentation is being provided for the sole purpose of provi
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