Botala Energy Ltd. · ASX:BTE
Botala Energy — BotsGas — Investor Presentation (April 2020)
27 slides from Botala Energy's investor presentation, Apr 21, 2020
Slide 1: Investment Summary
Investment Summary 21 April, 2020 Botswana, Southern Africa, CBM Ready To Drill Opportunity Courtesy of Pinterest thestylejunkies.com
Slide 2: BotsGas Disclaimer
BotsGas Disclaimer Summary information This document contains a summary of information about BotsGas and its activities that is current as at the date of this document. The information in this document is general in nature and does not purport to be complete or to contain all the information which a
Slide 3: Investment Highlights
Investment Highlights Drill Ready – Existing approvals in place provides opportunity to be a producer within ~2 years Strong relationships – BotsGas and Strata-X (SXA) plan to secure CBM (Coal Bed Methane) off-take agreement with IK Asset Security – BotsGas to participate in SXA placement providing
Slide 4: Investment Highlights
Investment Highlights Botswana wants to reduce its reliance on South The targets are drill ready; Strata-X Africa, especially imported electricity, to become have environmental approvals for 95+ self-sufficient and an exporter of electricity. wells drilling program Growing demand for industrial and
Slide 5: Project Status Overview
Project Status Overview Strata-X drilled one vertical well in 2019 and planning a multi well drilling campaign 2021 with a focus on proving up more certified gas reserves Currently Strata-X has 23 Bcf of 2C reserves around their recent well. Most volumes are in the prospective resource category Proj
Slide 6: Project Overview - BotsGas Investment Strategy
Project Overview - BotsGas Investment Strategy BotsGas will be able BotsGas – Large proven to negotiate off-take Investment resource for agreements with "Go"/"No Go" development partners IK 23Bcf ~160Bcf of 2C ~100Bcf of 2P Due diligence Appraisal drilling Pilot Well Program Database review of regio
Slide 7: Project Location - Botswana at a Glance
Project Location - Botswana at a Glance • Population 2.3 million • Politically and financially stable: • GDP ~US$18 Billion • Foreign Currency Reserves US$7.5 Billion Orapa Powerstation • GDP Growth (2018) 4.5% • Supportive Foreign Investment culture: • Fraser Institute No. 3 in Africa after Mauriti
Slide 8: Why Botswana
Why Botswana African country with best corporate governance and rule of law. Growing demand for industrial and Efficient and helpful government domestic electricity to provide transition departments and agencies focused on to renewables that can be generated assisting industry and creating from its
Slide 9: Revised Farm-in terms and target value
Revised Farm-in terms and target value COVID Pandemic Farmin terms have been renegotiated reflecting current global travel restrictions and market sentiment. Demonstrates the capacity for both companies to work collaboratively towards a common goal. Regional Database BotsGas and SXA will spend initi
Slide 10: BotsGas Directors
BotsGas Directors Directors Wolf Martinick, PhD, BSc (Agric). Wolf is an environmental scientist with over 40 years experience addressing the environmental and social aspects of the oil, gas, mineral resources and land development industries in various countries, especially Australia and Southern Af
Slide 11: BotsGas Executive Management Team
BotsGas Executive Management Team Advisory Team Peter Grant. 45 years experience in global hydrocarbon exploration and development mainly in senior management with BHP Petroleum and Woodside Energy. He has extensive experience in Botswana in his current role as MD of IK Holdings Ltd. He has been par
Slide 12: Offer Details
Offer Details Issuer – BotsGas Pty Ltd (BotsGas, BTG or the Company) Type of Transaction – Seed Raising Offer details – Share placement of up to 20,000,000 at A$0.05 per share to raise $700,000 , open to over subscriptions up to A$1.0m. Minimum bid – A$20,000 Issue price – A$0.05 per Raising Share U
Slide 13: Post Raising Capital Structure
Post Raising Capital Structure BotsGas, formerly ZimGas, changed its focus to Botswana where it owns BotsGas (Botswana) P/L. BotsGas shares issued: 27,538,300 BotsGas options issued: 17,257,000 exercise price 5 cents, 1 February 2025. Cash in bank: ~AUD$275,000; No outstanding debts. Directors* Shar
Slide 14: Investment Timetable
Investment Timetable Investment offer opens – 3rd of March 2020 Commitments due (binding) – 22nd May 2020 Deal Closes – 29th of May 2020 14
Slide 15: Thank you for your consideration of investing in BotsGas
BotsGas Contact Details Thank you for your consideration of investing in BotsGas. Please contact our team for any further information. Email BotsGas at Website Wolf.martinick@botsgas.com www.botsgas.com Craig.basson@botsgas.com 15
Slide 16: Back-up Information
Back-up Information 16
Slide 17: BotsGas – Vision – Why CBM in Botswana?
BotsGas – Vision – Why CBM in Botswana? Background: Botswana Government seeks development of its extensive Coal Bed Methane (CBM) potential of up to 70 TCF* to become less dependent on expensive imported diesel and unreliable electricity to create new industries and employment opportunities. BotsGas
Slide 18: Vision: How will it be achieved?
Vision: How will it be achieved? BotsGas is farming into Strata-X (SXA) because: a) SXA and BotsGas share the same vision of a stable green Energy Hub within Botswana with the future potential to support wider regions b) SXA has a 6 Tcf (trillion cubic feet), Independently Certified Prospective Reso
Slide 19: Transparency International Global Corruption Index 2018
Transparency International Global Corruption Index 2018 Ranked 34 out of 180 Countries and No.1 in Africa. Score Highly Corrupt Very Clean 0-9 10-19 20-29 30-39 40-49 50-59 60-69 70-79 80-89 90-100 No data 20
Slide 20: Gas – a Transition to Renewables for Botswana (1)
Gas – a Transition to Renewables for Botswana (1) a) BotsGas’ CBM Project will facilitate the use and reliability of greener energy in the transition to renewables b) BotsGas will produce gas: i. To off-set coal generated power imports ii. As an alternative to coal, diesel, firewood and charcoal wit
Slide 21: Gas – a Transition to Renewables for Botswana (2)
Gas – a Transition to Renewables for Botswana (2) d) Socio-economic, environmental and health benefits i. The process of extracting CBM from coal generates water as a by product which will be available for local agriculture. ii. Replace imported diesel with domestically produced CBM and CNG will sav
Slide 22: Gas Opportunities and LNG Equivalent
Gas Opportunities and LNG Equivalent Approximate number of known Small scale gas fields around the world developments 0.1 – 0.5 MTPA 991 0.1 – 0.5 TCF 0.5 – 1.0 MTPA 217 0.5 – 1.0 TCF 1.0 – 2.0 MTPA 132 1.0 – 2.8 TCF SXA –BotsGas ~2.4 TCF Field Potential > 2.0 MTPA 31 2.8 – 4.7 TCF Large scale devel
Slide 23: Abstraction of CBM by shallow, low-cost vertical wells is proposed
Abstraction of CBM by shallow, low-cost vertical wells is proposed Fully Cored hole with 82% to 100% gas saturations in Serowe and Lotane coals Well Well Well 1 option 1 ~46 km option 2 ~2 km Serowe Bright Coal 433m Lotane Bright Coal Morupule Formation (Dull coals). TLOU target Strata-X test wells
Slide 24: Botswana Power Corporation Supply/Demand (June 2019)
Botswana Power Corporation Supply/Demand (June 2019) Demand Forecast (2018 – 2030) April 2018 1300 Key Issues: 1200 1100 1000 900 1. Supply Risks 800 700 2. System Peaking Capacity 600 500 3. System Reserve Margin 400 300 200 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Slide 25: BotsGas, IK Holdings Ltd, Strata-X and Botswana
BotsGas, IK Holdings Ltd, Strata-X and Botswana BotsGas has a broad network of commercial and technical interests in Botswana. BotsGas is closely associated with IK Holdings Ltd (IK), a private Perth-based company focussed on establishing Energy Hubs in Botswana. IK is undertaking a detailed study t
Slide 26: BotsGas: CBM producer and markets
BotsGas: CBM producer and markets The farm-in provides BotsGas with the opportunity to become a CBM producer within ~2 years. BotsGas plans to secure a CBM off-take agreement with IK who will supply the Orapa power station. This will generate Other CBM power stations are scheduled a significant cash
Slide 27: CBM Comparable Transactions 2008 – 2019
CBM Comparable Transactions 2008 – 2019 Target field reserve after farm-in Date Seller Buyer Target Value (A$M) 2P Reserves (PJ) 3P Reserves (PJ) 2C Resource (PJ) Feb-2019 Origin Energy APLNG Ironbark Project $231 129 192 288 Oct-2012 BG CNOOC QCLNG Project $1,930 11,000 18,000 Jan-2012 Origin Energ