3d Energi Limited · ASX:TDO
3d Energi — 3D Oil — Shareholder Meeting (November 2021)
18 slides from 3d Energi's shareholder meeting presentation, Nov 15, 2021
Slide 1: Annual General Meeting
3D Oil Limited ANNUAL GENERAL MEETING ASX:TDO For personal use only Image courtesy of PGS 15 November 2021 Noel Newell Virtual Meeting Executive Chairman
Slide 2: Investment Highlights
INVESTMENT HIGHLIGHTS For personal use only A highly prospective Funding exploration A strong portfolio of gas Playing in the right space portfolio of strategic activities through high- prospects well positioned through strategic early offshore exploration assets impact farmout deals and to supply t
Slide 3: A Highly Prospective Portfolio
A HIGHLY PROSPECTIVE PORTFOLIO 3D Oil has built a strategic portfolio across some of Australia’s most prospective offshore exploration basins For personal use only WA-527-P (100% owned) VIC/P74 (50% owned) Exploration – Bedout Sub-basin Exploration – Gippsland Basin ✓ 349 MMbbls (Total Best Estimate
Slide 4: Validated Strategy
VALIDATED STRATEGY Validated strategy with T/49P farm-out to ConocoPhillips and in advanced discussions with multiple major Exploration & Production companies for WA-527-P For personal use only Identification and acquisition of early Enhance value by organically Monetise asset to optimise stage asse
Slide 5: The Future of East Coast Gas
THE FUTURE OF EAST COAST GAS ▪ LNG netback at ex Wallumbilla hub is For personal use only emerging as the benchmark of domestic gas price ▪ Long term gas prices expected to remain around $8/GJ to $11/GJ ▪ Victoria alone has over 2 million homes connected to gas, 65,000 commercial users and over 600
Slide 6: T/49-P Fully Funded Pathway to Success
T/49-P FULLY FUNDED PATHWAY TO SUCCESS After finalising a farmout agreement with US Major ConocoPhillips Australia (COPA) in 2020, COPA has carried the cost of the Sequoia 3D seismic survey and now has the option to drill an exploration well. For personal use only T/49-P represents the perfect examp
Slide 7: WA-527-P – Asset Overview
1 WA-527-P – ASSET OVERVIEW WA-527-P covers a large underexplored area situated in Tenement overview with early Triassic Channel Systems Australia’s newest emerging petroleum province. For personal use only Basin overview ― Exploration in the basin is immature but has been rejuvenated by the 2015- 2
Slide 8: WA-527-P – Asset Overview
1 WA-527-P – ASSET OVERVIEW An extension of the Lower Triassic channel play that defines the Dorado trap has potentially been identified in WA-527-P For personal use only KERAUDREN 1 KERAUDREN 1 Inset Bland sections are HOVE shale channel fill SB3 SB3 SB2 SB1 SB2 Apus – SB Milne SB Channel SB1 Trias
Slide 9: T/49P Asset Overview
2 T/49P ASSET OVERVIEW Vast frontier acreage with 10TCF Prospective Resource (Best Estimate)1 in shallow water in the Otway Basin For personal use only Tenement overview Basin overview ― An important gas-producing province for SE Australia since the late 1980s, however, most fields in the basin are
Slide 10: T/49P – Flanagan Prospect
2 T/49P – FLANAGAN PROSPECT Flanagan has a Best Estimate recoverable volume of 1.3TCF and is well positioned to provide gas to the east coast market. For personal use only S N Prospect overview ― Flanagan Prospect is located in close proximity to the largest Otway Basin gas fields, Thylacine and Geo
Slide 11: T/49P – Seal Rocks Lead
2 T/49P – SEAL ROCKS LEAD Seal Rocks is covered by broad SOSN06A-39 Thick Tertiary 2D seismic and will be fully For personal use only clinoforms above 10km imaged by the upcoming state- Seal Rocks of-the-art Sequoia 3D MSS. Prospect overview ― Seal Rocks has a Best Estimate Seal Rocks recoverable vo
Slide 12: Gippsland Basin – Asset Overview
3 GIPPSLAND BASIN – ASSET OVERVIEW Significant potential to serve the SE Australian gas market, with 1.9TCF combined Prospective Resource within the Gippsland Basin For personal use only Tenement overview Basin overview ― A mature basin and prolific petroleum province over the past 50 years. POINTER
Slide 13: VIC/P74 – Bigfin Lead
3 VIC/P74 – BIGFIN LEAD Bigfin has a Best Estimate Recoverable volume of 502BCF* within the Golden Beach Subgroup, host to the Omeo gas condensate discovery in-permit. For personal use only GOLDEN BEACH DEPTH MAP Prospect overview ― Bigfin is the lowest risk target with a Best Estimate of 502BCF and
Slide 14: VIC/P74 – Oarfish Lead
3 VIC/P74 – OARFISH LEAD Oarfish has a Best Estimate Recoverable volume of 544BCF* within the Golden Beach and Emperor Subgroups, and is along trend with the Omeo discovery For personal use only GOLDEN BEACH DEPTH MAP Prospect overview ― Oarfish is the largest target with a Best Estimate of 544BCF a
Slide 15: Forward Work Program
FORWARD WORK PROGRAM 3D Oil is diligently working towards adding value to each of it’s strategically placed permits in order to maximise their marketability to the farm-out market and ultimately monetize assets for shareholders For personal use only Q1 Q1 22 Q2 Q3 Q4 2023 1 T/49-P 3D seismic acquisi
Slide 16: Company Overview
COMPANY OVERVIEW Portfolio of high potential, frontier offshore exploration permits in Australia, including; Western Australia (Bedout Sub- basin), Tasmania (Otway Basin) and Victoria (Gippsland Basin) For personal use only Corporate overview ▪ Portfolio of high potential exploration permits includi
Slide 17: Important Disclaimer
IMPORTANT DISCLAIMER For personal use only Important Notice This presentation contains certain statements which may constitute “forward-statements”. Such statements are only predictions and are subject to inherent risks and uncertainties which could cause actual values, results, performance or achie
Slide 18: Important Notes
IMPORTANT NOTES For personal use only Qualified Petroleum Reserves and Resources Evaluator Statement The Prospective Resources estimates in this release are based on, and fairly represent, information and supporting documents prepared by, or under the supervision of Dr David Briguglio, who is employ