Strike Energy Limited · ASX:STX
Strike Energy — Investor Presentation (March 2020)
12 slides from Strike Energy's investor presentation, Mar 12, 2020
Slide 1: Euroz Institutional Investor Conference
Euroz Institutional Investor Conference March 2020
Slide 2: Summary information
yoy strike energy Summary information This presentation contains summary information regarding Strike Energy and its subsidiaries current as at 10!" March 2020. The information in this presentation is of general background only and does not purport to be complete. The contents of this presentation s
Slide 3: Western Australian demand to outstrip supply in all scenarios
yyw strike energy Western Australian demand to outstrip supply in all scenarios Existing Domestic Market & Prospective Supply TJ/d am | H Li : I . 1 1 1 1 Browse 800 \, Scarborough 400 \ West Erregulla \ \Waitsia \ Gorgon Ph2 0 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Future Supply “WA Gas
Slide 4: WA domestic gas security is sensitive to future LNG investment
WW strike energy WA domestic gas security is sensitive to future LNG investment WA future domestic gas supply at risk from project delays Announced delays from joint venture misalignment, investability concerns @ with remote high development costs Short term delays from commercial @® complexity with
Slide 5: Perth Basin - Permian Gas Fairway
yoy strike energy Perth Basin - Permian Gas Fairway North Perth Basin permits inside the Permian Gas Fairway ) \ f STX Permits Bt TX Lon ALi) f \ J Oe . N\ 1 \ ah ic | \ . N 1 VN —_ —_——" N 1 y \\ N ‘7roar2000 A \ ; -_-7 Zi — _ -_—|—- = STX 100% ™ Size, quality, productivity and location of these fi
Slide 6: Domestic / Storage / Processing / Transmission / Production / Reserves
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Slide 7: Sources & Costs of uncontracted WA Domgas supply
yoy strike energy Sources & Costs of uncontracted WA Domgas supply Estimated Forward Breakeven Cost of Supply for Uncontracted Gas! (Relative $/GJ) Il Perth Basin (In Demand) {0 Other In Demand {7 Out of Demand L Estimated Transmisson Cost (Perth) WA domestic demand met (41,200 TJ/d) Perth Basin Var
Slide 8: Path to long term cashflow
OU strike energy Path to long term cashflow West Erregulla Gas Project Delivery Discovered Resource Drilling program Midstream award post March 20 Counterparty Engagement Commenced Final Investment Decision Phase 2 Development Gas Marketing & Studies Dates are indicative and subject to, among other
Slide 9: Strike is funded to FID of Phase-1
Wow strike energy Strike is funded to FID of Phase-1 Strike estimated capex requirements for West Erregulla Phase 1 to First Gas (Strike share ASmin) Cost category 40 28 40 Sources of funds FEED IM Cash on hand 8 Other Upstream ™) Debt WB Drilling Phase 1 Pre FID Pre Start Up First Gas Capex Total p
Slide 10: Greater Erregulla development marketing options
You strike energy Greater Erregulla development marketing options Greater Erregulla Project Development woo Ta ld Wesfarmers Offtake CSBP Option —100 PJ Size Quality Cost Output Pilbara Gas Market Expansion 300 TJ/d market with Next to 57 TJid growth On0) . . t d Pipeline oor’ flexible volumes Chemi
Slide 11: Significant gas resources
Significant gas resources Excellent demand for gas Significant upside ‘Refer Important Notice on Slide 2 for Resource Estimate information. The strength of the project high-quality conventional gas of ~1.2 tcf gross 2C contingent resource’ Fully funded to deliver its FID on Phase-1 and commence expl
Slide 12: Strike Energy
strike energy