Tlou Energy Ltd · ASX:TOU
Tlou Energy — Investor Presentation (March 2015)
20 slides from Tlou Energy's investor presentation, Mar 16, 2015
Slide 1: Corporate presentation
For personal use only Corporate presentation Anthony (Tony) Gilby MD & CEO March 2015
Slide 2: Disclaimer
Disclaimer For personal use only Disclaimer Future performance This presentation (Presentation) has been prepared by Tlou Energy Limited (Tlou). The Presentation and This Presentation contains certain “forward-looking statements”. Forward looking words such as, “expect”, information contained in it
Slide 3: About Tlou Energy
About Tlou Energy For personal use only Who we ASX listed coalbed methane (CBM) company are What CBM in Botswana we do Our Provide a clean and reliable energy Goal source to Botswana & southern Africa 3
Slide 4: Company Overview
Company Overview For personal use only Market Cap: Share Price: $0.15 ~$22m (12 Mar 2015) 148m shares Operations: Acreage: Botswana 10 Permits 100% owned 4 pilot locations HQ: Brisbane ASX: TOU 4
Slide 5: Key Information
Key Information For personal use only Botswana CBM Project • ~8,300km2, 100% owned • ~100 well database NSAI Certified Contingent Resources • 152 BCF (2C) • 2,322 BCF (3C) Significant market opportunity • Botswana’s most advanced project • High energy demand Location • Low cost • Supportive governme
Slide 6: Experienced Team
Experienced Team For personal use only Board of Directors Key In-Country Management Nathan Mitchell – Chairman Glen Smith – Chief Operating Officer •17 years in resource exploration •Geologist with 25 years operational experience •International Operational Experience •Operational and geological expe
Slide 7: Botswana Field Operations
Botswana Field Operations For personal use only Aerial view of Operations Selemo Pod Gas flare - Selemo Pod December 2014 7
Slide 8: Botswana CBM Project
Botswana CBM Project For personal use only 8
Slide 9: Lesedi Project
9 For personal use only Lesedi Project
Slide 10: Gas flows
Gas flows For personal use only Selemo Pilot - Short term test – December 2014* • Peak recorded gas flow of ~400,000 cfd • Average recorded gas flow of ~200,000 cfd • Results suggest a commercial development is achievable. • First in Botswana to flow CBM gas at these rates *As detailed in Tlou’s ASX
Slide 11: Lesedi CBM Project Technical Fundamentals
Lesedi CBM Project For personal use only Technical Fundamentals Coal depth ~300-700m Cumulative net coal thickness ~25m (Average) Gas contents 4-6 m3/t (DAF) (Average) Unstimulated reservoir ~2-5mD permeability per DST Gas compositions 75%+ methane 11
Slide 12: Horizontal Pilot Design
Horizontal Pilot Design For personal use only • Horizontal wells (~750m in-seam) with vertical pumping well • Lesedi completed as a dual lateral • Selemo completed as a single lateral • Target Reservoir: Basal Morupule coal seam (~6m) 12
Slide 13: Botswana Operations
Botswana Operations For personal use only 13
Slide 14: Commercialisation
Commercialisation For personal use only Sequence • Initial Gas Delivery – School & substation • Existing Orapa Power Station – 90MW Gas or Diesel • Proposed Power Station – 300MW Gas &/or Coal • Export Existing Power Grid • 33kV close to Lesedi Project • 220kV to the east • 400kV Interconnect to nei
Slide 15: Commercialisation: Initial Gas Delivery
Commercialisation For personal use only Initial Gas Delivery • Uses otherwise flared gas • CNG or Pipeline to Kodibeleng ~80km • Connect local school • Substation inter-connect Flared gas CNG / Pipeline Power School Connect to grid 15
Slide 16: Independently Certified Contingent Resources (NSAI)
Independently Certified Contingent Resources (NSAI) For personal use only Resource Statement Contingent Resource OGIP(2) Unrisked Gross (100 Percent) Unrisked Net (100 Percent) Category (BCF) (BCF) (BCF) • 152 BCF (2C) Contingent Resources Low Estimate (1C) (1) 0.0 0.0 0.0 • 2,322 BCF (3C) Best Esti
Slide 17: Forward Plan
Forward Plan For personal use only MOU for Reserve Expanded Flow gas FID gas supply certification program • Achieved • In progress • Target • Additional • Target mid 2015 wells based end 2015 • Operations on results ongoing 17
Slide 18: Investment opportunity
Investment opportunity For personal use only 18
Slide 19: Tlou Energy Limited investment summary
Tlou Energy Limited (ASX:TOU) For personal use only Botswana CBM focus 148m shares Market Cap: ~A$22m Cash Balance: ~A$5.8m (Dec 2014) Certified Contingent Resources (NSAI) Supportive government & low cost location Pathway to commercialisation 19
Slide 20: Thank You
Thank You For personal use only 210 Alice St Brisbane QLD 4000 Australia Tel: +61 7 3012 9793 Ground Floor, Victoria House 132 Independence Avenue Gaborone Botswana Tel: +267 316 0857 www.tlouenery.com info@tlouenergy.com ASX: TOU