Buru Energy Ltd · ASX:BRU
Buru Energy — Shareholder Meeting (May 2023)
21 slides from Buru Energy's shareholder meeting presentation, May 25, 2023
Slide 1: 2023 AGM – Chief Executive Officer's Presentation and Address
ASX Announcement 25 May 2023 2023 Annual General Meeting – Chief Executive Officer’s Presentation and Address To follow is the Chief Executive Officer’s Address and presentation for the Buru Energy Limited (ASX: BRU) 2023 Annual General Meeting (AGM) which commences at 10.30am (AWST) today. Sharehol
Slide 2: Chief Executive Officer's Address
Chief Executive Officer’s Address Slide 1 - Title Thank you Eric and good morning ladies and gentlemen. I am very pleased to be delivering my first Chief Executive Officer’s address to you, the shareholders of Buru Energy. It is a great privilege to have been appointed CEO of the Company in Septembe
Slide 3: For personal use only
However, there are two fundamentals that you, as shareholders, should hold onto. Not everyone may agree with them but for Buru, they guide our strategy. First, what we produce today, and what we plan to produce in the future remains and will remain important, valuable and in demand. In particular, n
Slide 4: For personal use only
and create value added products to gas like methanol or ammonia, or LNG to the domestic or export markets. We plan to do this via developing our flagship 100% owned and operated Rafael conventional gas and condensate discovery in the Canning Basin. In addition to holding 22,000km2 of operated acreag
Slide 5: For personal use only
A recently completed independent third-party hydrogen resource assessment of these application areas validates Buru’s belief of the significant natural hydrogen potential of this acreage and is working on land tenure, exploration planning and commercialisation activities. The minerals required for e
Slide 6: For personal use only
In the onshore Carnarvon Basin, Buru farmed down 25% of L20-1 to Mineral Resources for operatorship and a two well carry. This permit was subsequently awarded to the Buru/MinRes JV as EP510. We are very excited about the prospectivity of this permit, close to infrastructure and look forward to MinRe
Slide 7: The year ahead – Rafael
Slide 8 – The year ahead – Rafael Buru is focused on driving the certainty of outcome for its flagship Rafael development and extract maximum value from its dominant position in the Canning Basin. Early in February we announced that Buru acquired Origin Energy’s Canning Basin Joint Venture interests
Slide 8: The year ahead – New Energy
Slide 9 – The year ahead - New Energy Regarding our new energy opportunities, we had an equally exciting start to the year. RISC completed their independent prospective resource assessment of the 2H Resources hydrogen exploration areas in South Australia indicating the enormous potential of this ven
Slide 9: For personal use only
I am excited about the future of the Company, and I am fortunate to have a great team at Buru, supported by a very experienced Board of Directors and also would like to thank the Chair for a seamless transition to his non-executive role and his continued involvement and support. I thank you for your
Slide 10: Annual General Meeting Presentation – CEO's Address
For personal use only Annual General Meeting Presentation CEO’s Address Thomas Z Nador 25 May 2023
Slide 11: Disclaimer
Disclaimer This document has been prepared by Buru Energy Limited ABN 71 130 651 437 (“Buru”) estimates of the contingent and prospective resources for the Rafael discovery, and and has been authorised for release to the ASX by the Board of Buru Energy. probabilistic and deterministic methods were u
Slide 12: Introductory comments
For personal use only Introductory comments 3 2023 ANNUAL GENERAL MEETING – CEO ADDRESS
Slide 13: Executing the Strategy
EXECUTING THE STRATEGY Balancing short-medium term returns from hydrocarbon focused business with longer term new energy businesses For personal use only 1 2 3 4 5 Major Gas High Quality Actively building New Corporate Oil Production Development Exploration Portfolio Energy Businesses Strength • Hig
Slide 14: The year in review
The year in review For personal use only 2023 ANNUAL GENERAL MEETING – CEO ADDRESS
Slide 15: The Year in Review (2022)
THE YEAR IN REVIEW (2022) Significant strategic and operational achievements No Lost Time Injuries, No reportable environmental incidents For personal use only Canning Basin Energy expansion / transition (via subsidiaries) Declared Rafael 1 conventional wet gas discovery Received offer of $7m go
Slide 16: The year ahead
The year ahead For personal use only 2023 ANNUAL GENERAL MEETING – CEO ADDRESS
Slide 17: Rafael Commercialisation – A Pipeline of Near-Term Material Events
RAFAEL COMMERCIALISATION - A PIPELINE OF NEAR-TERM MATERIAL EVENTS Driving certainty of outcome for flagship development project Resumed control Pre-feasibility studies and 100% Revised For personal use only (for other appraisal ownership of Appraisal drilling Rafael outcomes) and NWS Rafael plannin
Slide 18: New Energy Businesses – Near Term Catalysts
NEW ENERGY BUSINESSES – NEAR TERM CATALYSTS TO BENEFIT BURU SHAREHOLDERS Leveraging Buru’s core skills, competencies and IP to create new points of value Complete subsurface studies and capacity Complete Progress Establish For personal use only assessments for CCS independent CCS development opportu
Slide 19: A Unique Value Proposition for Investors
A UNIQUE VALUE PROPOSITION FOR INVESTORS Buru is significantly undervalued with complementary assets and value streams For personal use only 1 2 3 4 5 100% owner of Rafael Dominant position in 50% owner of Ungani Onshore Carnarvon Early mover in natural discovery Canning Basin Oilfield Basin positio
Slide 20: Thank you
For personal use only Thank you 11 2023 ANNUAL GENERAL MEETING – CEO ADDRESS
Slide 21: Buru Energy Limited
For personal use only Buru Energy Limited Level 2, 16 Ord Street West Perth Western Australia 6005 PO Box 1903 West Perth WA 6872 Phone: 1800 337 330 Email: info@buruenergy.com