Jupiter Energy Limited · ASX:JPR
Jupiter Energy — Investor Presentation (February 2024)
17 slides from Jupiter Energy's investor presentation, February 2024
Slide 1: Corporate Presentation
Corporate Presentation February 2024
Slide 2: Disclaimer
DISCLAIMER This presentation contains forward-looking statements that are subject to risk factors associated with the oil and gas industry. It is believed that the expectations reflected in these statements are reasonable, but they may be affected by a variety of variables which could cause actual r
Slide 3: Table of Contents
TABLE OF CONTENTS Overview of the company Reserves, licence area and operational status Current and future development
Slide 4: Board of Directors and Management
BOARD OF DIRECTORS AND MANAGEMENT Directors Geoff Gander Alexey Kruzhkov Baltabek Kuandykov Alexander Kuzev Keith Martens Chairman/CEO NED - Cyprus NED - Kazakhstan NED - Moscow NED - Australia Kazakhstan & Australia o 25+ years experience in o 40 years’ experience in local and o 40+ years experienc
Slide 5: Overview of Jupiter
OVERVIEW OF JUPITER Listed on Australian Stock Exchange (ASX) with 2 major shareholders holding ~81% of the issued capital. o 2024 Work Program Approved – up to 4 wells to be drilled in 2024. 1st drilling location will be on the Akkar East field. Operating in Kazakhstan since 2008 – fully compliant
Slide 6: Progress from 2008-2023
PROGRESS FROM 2008-2023 KEY MILESTONES DISCOVERIES OIL PRODUCTION ACHIEVED DURING CORPORATE 2023 3D seismic data acquired for the 2010/11: NIL Stage 1 100% gas utilization Listed on the ASX under ticker “JPR” entire licence area plus 2011/12: 28,000 barrels infrastructure installed and 1,273,562,188
Slide 7: Table of Contents
TABLE OF CONTENTS Overview of the company Reserves, licence area and operational status Current and future development
Slide 8: Location of the Licence Area
LOCATION OF THE LICENCE AREA North Akkar Total reserves for the Mangistau basin are estimated to be in excess of 5 billion barrels including two large oil fields, Uzen and Zhetybai
Slide 9: Reserves Summary
RESERVES SUMMARY Current production levels: Akkar North (East Block), Akkar East and West Zhetybai producing a cumulative ~640 bbls/day Ongoing review of existing wells to continue to optimize production levels. Planned workovers on existing wells should see production increased to ~750 bbls/day CPR
Slide 10: Licence Details
LICENCE DETAILS PRODUCTION LEVELS BLOCK 31 EXPLORATION LICENCE PRODUCTION LICENCE Permit issued in Completed on all 3 25 years for commercial o Currently ~640 barrels December 2006 and oilfields discoveries – licences valid per day acquired by Jupiter in until 2045/46 June 2008 Oilfields have 100% G
Slide 11: Table of Contents
TABLE OF CONTENTS Overview of the company Reserves, licence area and operational status Current and future development
Slide 12: Current Field Development
CURRENT FIELD DEVELOPMENT License area of “MMG” JSC Prospect of the reserves’ increase in North Akkar the area of well #54 by ~20 mmbbls oilfield Akkar North (Eastern block) Akkar North Joint Full Field Development Project with MMG JSC approved Akkar East West Zhetybai Jupiter Energy license area -
Slide 13: Current Status of Field Development
CURRENT STATUS OF FIELD DEVELOPMENT Akkar North (East Block) & East Akkar: 6 wells @ 1-2km apart; All oil produced from the Triassic (T2B) horizon; T2A and Jurassic has shows in all wells, but the Company has not produced from intervals other than T2B; Final Reserve Reports for Akkar E and Akkar N (
Slide 14: Production Outlook: 2024 to 2030
PRODUCTION OUTLOOK: 2024 to 2030 PLANNED INFRASTRUCTURE STAGE 2 OPPORTUNITY TIMING PRODUCTION OUTLOOK Stage 1 100% Gas Utilisation Tie in with existing gas Expect to build Stage 2 Gas 25 year Production Licence infrastructure in place. infrastructure will provide Utilisation infrastructure (thru to
Slide 15: Short Term Milestones
SHORT TERM MILESTONES RESERVES AND FINANCIAL PRODUCTION/DRILLING INFRASTRUCTURE NEXT STEPS MODEL OUTLOOK 5 existing production wells Stage 1 Gas Utilisation CPR released in January Build market awareness of with remediation plans for 2 infrastructure in place and 2024 confirming updated the Jupiter
Slide 16: Further Development Potential
FURTHER DEVELOPMENT POTENTIAL 10-20 mmbbls 10+ mmbbls
Slide 17: Contact Details
CONTACT DETAILS Geoff Gander Chairman & CEO Jupiter Energy Limited +7 701 221 8907 (KZ) +61 417 914 137 (AU) geoff@jupiterenergy.com www.jupiterenergy.com
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