Red Sky Energy Limited · ASX:ROG
Red Sky Energy — Shareholder Meeting (May 2025)
15 slides from Red Sky Energy's shareholder meeting presentation, May 2025
Slide 1: AGM Presentation May 2025
aa8 m<0O AGM Presentation May 2025
Slide 2: Disclaimer and Important Notices
Disclaimer and Important Notices Various statements in this document constitute statements relating to intentions, future acts and events. Such statements are generally classified as forward looking statements and involve known risks, expectations, uncertainties and other important factors that coul
Slide 3: Corporate Snapshot
Corporate Snapshot An experienced team with a proven track record of excellence in oil & gas Corporate Shares on 52 week ASX Ticker Share Price Perf. Rights Market cap Debt Issue trading range ROG A$0.005 5,422,227,197 450m A$27.11m A$0.0m $0.003-$0.013 (19 May 2025) (undiluted) (31 March 2025) Shar
Slide 4: Portfolio Overview
Portfolio Overview Substantial Oil & Gas production and exploration potential across all projects 20% BLOCK 6/24, ANGOLA working 35% INNAMINCKA, SOUTH AUSTRALIA interest • JV with operator Sonangol E&P (50%) and working • Yarrow 3 production continues ACREP (15%) interest • Gas sales agreement signe
Slide 5: Yarrow Production Continues To Generate Cash Receipts
Yarrow 3 Production Continues To Generate Cash Receipts First revenues in November 2023 under gas Receipts summary for the March 2025 Quarter sales agreement with Origin Energy (ASX:ORG) DESCRIPTION VOLUME $000’s Pipeline completion by Santos (ASX:STO) Methane/Ethane GJs 32,685 485 enabled seamless
Slide 6: Re-Entry of Yarrow 1 Well
Re-Entry of Yarrow 1 Well Successfully completed two hydraulic fracturing (frac) stages in Yarrow 1, to enhance gas flow Flowback commenced, with the well progressively cleaning up Achieved a final gas rate of ~1.8 MMscf/d and ~87 barrels of water per day (bwpd) at 467 psig flowing wellhead pressure
Slide 7: Joint 3D Seismic Acquisition Agreement
Joint 3D Seismic Acquisition Agreement Successful 3D seismic acquisition at PRL14 & PRL17 with Santos (Dec 2023) High-quality subsurface data to guide future drilling and exploration Efficient JV with Santos ensured cost savings and shared benefits Seismic data interpretation underway, set for compl
Slide 8: Killanoola Oil Project: Market and Sale Agreement Secured
Killanoola Oil Project: Market and Sale Agreement Secured 100% owned Flagship Project located in South Australia’s onshore Otway Basin New crude sale agreement well advanced, priced against Brent Delivery will be made by road tanker Issue resolved on flow assurance utilising heating Drilling plans b
Slide 9: Killanoola Oil Project: Revised Forward Programme
Killanoola Oil Project: Revised Forward Programme High-Impact Drilling: KN2 well selected based on 3D seismic interpretation Spud Date Factors: Dependent on costs, drilling consortium alignment, regulatory approvals and securing offtake arrangements Operational Efficiency: Vertical well design for i
Slide 10: Aerial View of Initial Work Programme
Aerial View of Initial Work Programme TBA 10
Slide 11: Project Development Schedule
Project Development Schedule All Projects have existing contingent resources with potential upside 2024 – 2025 2026 Onwards KILLANOOLA, KILLANOOLA YARROW FLAX YARROW, FLAX ONGOING Discovered PIIP upgraded Yarrow 3 production continues 6 existing wells Finalise all commercial contracts Sales agreemen
Slide 12: Angola Projects Overview
Angola Projects Overview Red Sky awarded 35% interest in Block 6/24, offshore Angola, Kwanza Basin 35% working BLOCK 6/24, ANGOLA interest • Significant working interest: Red Sky holds 35% participating interest, with operator Sonangol E&P (50%) and ACREP (15%). • Block 6/24: 4,930 km² of prime oil
Slide 13: Angola Projects Overview
Angola Projects Overview Maiden resource estimates completed for Block 6/24, Offshore Angola 35% BLOCK 6/24, ANGOLA working interest • Cegonha Oil Field (35% WI): 5.1 MMbbl (2C) and 10.8 MMbbl (3C) net contingent resources • Exploration Prospects: 11.0 MMbbl (2U) net prospective resource at Ibis, D2
Slide 14: Angola Projects Overview
Angola Projects Overview Total Petroleum Initially-In-Place (PIIP) and Resources Summary Block 6/24 PIIP and Contingent Resources as of 31 Mar 2025 (MMbbl) Discovered Gross Net Notes: • The above volumes are “Unrisked” in the sense that “Chance of Development” has not been applied to the contingent
Slide 15: Andrew Knox Mark Flynn
Andrew Knox Mark Flynn Managing Director Investor Relations +61 3 9614 0600 +61 416 068 733 andrew.knox@redskyenergy.com.au mf@irxadvisors.com Released with the Authority of the Board – May 2025