Emperor Energy Ltd · ASX:EMP
Emperor Energy — Investor Presentation (April 2018)
20 slides from Emperor Energy's investor presentation, Apr 3, 2018
Slide 1: Emperor Energy Hong Kong Presentation April 2018
For personal use only Emperor Energy (ASX: EMP) Hong Kong Presentation April 2018
Slide 2: Disclaimer
Disclaimer For personal use only Disclaimer This presentation is for the sole purpose of preliminary background information to enable recipients to review the business activities of Emperor Energy Limited ABN 56 006 024 764 (ASX: EMP). The material provided to you does not constitute an invitation,
Slide 3: Key Points
Key Points For personal use only • Electricity shortfall occurring on East Coast of Australia • Closure of Coal Fired Power Stations has reduced capacity • Increasing reliance on gas for baseload electricity • An East Coast domestic gas shortfall is occurring due to unsatisfied demand by new Queensl
Slide 4: Company overview
For personal use only Company overview • ASX Listed Energy Company (ASX: EMP), Options (ASX: EMPOC) • Strategic asset in the Gippsland Basin adjacent to the BHP/Exxon Mobil Kipper Gas Field • Strong management team with extensive exploration and financial experience • Strong shareholder alignment wi
Slide 5: The Team
The Team For personal use only Carl Dumbrell Justyn Peters Vaz Hovanessian Director & Secretary Director Director • Appointed July 15 • Appointed August 16 ‐ Appointed August 16 • Extensive advisory • Executive Chairman Leigh ‐ Over 25 years experience experience to ASX, AIM Creek Energy Ltd (ASX: L
Slide 6: Schedule of Tenements
Schedule of Tenements For personal use only Permit Type Location Ownership Vic/P47 Exploration Permit Offshore Gippsland Basin 100% Backreef Exploration Area Onshore Canning Basin 100% R1/R3 Retention Lease Offshore Carnarvon Basin 100%
Slide 7: Gippsland Basin
Gippsland Basin • Australia’s premier hydrocarbon province For personal use only • Located 200 km east of Melbourne • Exploration commenced in 1924 • Over 400 exploration wells • Some 90,000 line km of 2D seismic • More than forty 3D seismic surveys • Petroleum infrastructure well developed with a n
Slide 8: Vic/P47 - Bass Strait Victoria
Vic/P47 ‐ Bass Strait Victoria For personal use only • EMP holds 100% of 202 km2 Vic/P47 Permit • EMP is Operator of the Permit • Shallow water depths: 20 – 85 m • Two‐gas discovery wells drilled within the permit: • Judith‐1 drilled by Shell in 1989 • Moby‐1 drilled by Bass Strait Oil in 2004 • 3D
Slide 9: Vic/P47 Volumetrics Summary
Vic/P47 Volumetrics Summary For personal use only Summary of Gross Contingent Resources for the Judith Discovery (Gaffney Cline & Associates, 2013) Gas‐in‐Place Bcf Gas Recoverable Bcf Gross Contingent Resources Block P90 P50 P10 C90 C50 C10 Judith 67 155 368 37 101 276 Total 67 155 368 37 101 276 S
Slide 10: Depth Mapping: Top Emperor Gas Sands
Depth Mapping: Top Emperor Gas Sands For personal use only Top of Emperor Gas Sands from reprocessed 3D seismic data. Shows location of Judith 1 drilled structurally down‐ dip close to or at gas – water contact. TheTop Judith NorthGas Sand 1 Judith Block structural Depth Map crest is shown Contour I
Slide 11: Petro-physics Study
Petro‐physics Study Completed For personal use only Four (4) reservoirs Net Reservoir Thickness of 234m Net gas pay (in gas sands) of 162m Average Porosity in gas pay reservoirs of 13 ‐ 14.9% Average Permeabilities in gas pay reservoirs of 0.7 ‐ 1.9 millidarcies (md) Average Gas Saturati
Slide 12: Analogue with Longtom Production Field
Analogue with Longtom Production Field For personal use only Judith Structure in Vic/P47 is located 15km along strike to the East of Longtom Production Field
Slide 13: Longtom Analogue
Longtom Analogue For personal use only Well correlation between Longtom‐2 and Judith‐1 suggests potential for additional reservoir development below Total Depth (TD) of Judith‐1 This includes the interval that flowed at 13.6 MMscf/d from DST‐1 at Longtom‐2
Slide 14: Canning Basin, Western Australia - Backreef Block
Canning Basin, Western Australia Backreef Block For personal use only
Slide 15: Canning Basin, Western Australia - Backreef Block
Canning Basin, Western Australia Backreef Block For personal use only • EMP owns 100% of the Backreef Block and is Operator • Backreef‐1 was drilled in October 2010 to a depth of 1800m • Oil was discovered in porous and permeable Laurel dolomites • Production tests confirmed the discovery as non‐com
Slide 16: Carnarvon Basin - Retention Lease R3 / R1 (Cyrano)
Carnarvon Basin, Western Australia Retention Lease R3 / R1 (Cyrano) For personal use only • Cyrano has Contingent Resource (2C) of 3.01 MMbbl of oil. • Additional Prospective Resources (P50) estimated at 0.928 MMbbl.
Slide 17: Carnarvon Basin - Retention Lease R3 / R1 (Cyrano)
For personal use only Carnarvon Basin, Western Australia Retention Lease R3 / R1 (Cyrano) • EMP is Operator and holds 100% of R3/R1 • Permit Area – 81 km2 • The Cyrano Oil Field was discovered in 2003 • The field is defined by 4 vintage wells and 3D seismic • The field in located in 17 m of water. •
Slide 18: 2017/18 Company Highlights
For personal use only 2017/18 Company Highlights • Completion of 3D seismic reprocessing and mapping over Vic/P47 including the Judith Structure • P50 unrisked Gas‐in‐Place within the Judith and Judith North structure were then estimated at 1.8 Trillion cubic feet (Tcf) • Renewal of Vic/P47 for five
Slide 19: Company Outlook & Exploration Strategy
Company Outlook & For personal use only Exploration Strategy • Progress further geological assessment of the Judith Structure • Next phase is Reservoir Engineering (Static and Dynamic Models) of the Judith and Judith North structure • Proceed to a revised Resource Statement for the Judith Gas field
Slide 20: Emperor Energy
Emperor Energy For personal use only www.emperorenergy.com.au