Slide 1: Quarterly Update Webinar
QUARTERLY UPDATE WEBINAR 3 FEBRUARY 2022
Slide 2: Disclaimer
DISCLAIMER This presentation and any materials provided to the reader (“the Materials”) have been prepared by AXP Energy Limited (“AXP” or “Company”) and contain general information about AXP’s activities. By accepting the Materials you agree to be bound by the terms and conditions below. The Materi
Slide 3: Continued Revenue Growth
CONTINUED REVENUE GROWTH QUARTERLY NET REVENUE – BY HYDROCARBON HIGHLIGHTS • Quarterly Net Revenue $4,580,652 (prior quarter $4,115,578) – An 11% increase • Net customer receipts $4,617,874 (prior quarter $3,697,811) – A 25% increase • Barrels of oil sold: 26,385 BBL (prior quarter 28,389 BBL) • Oil
Slide 4: Continued Revenue Growth
CONTINUED REVENUE GROWTH MONTHLY NET REVENUE [$ ‘000] vs EAST KENTUCKY GAS THROUGHPUT [Mcf/day] 10,000 5,000 1,000 | 4
Slide 5: Lifting Production: A 3-Pronged Strategy
LIFTING PRODUCTION: A 3-PRONGED STRATEGY DRILLING • In-house drilling team established in 2021 • 8 Illinois Basin well locations identified (oil producing targets) • A further 2 Appalachian Basin verticals (where the vertical section has already been drilled - ~30% of the cost) designed as horizonta
Slide 6: Top Line to Bottom Line
TOP LINE TO BOTTOM LINE • Growth Realization • Consolidation of Assets (MHP, Trey & Kentucky Exploration) • Continuing to bring production back online • Many of the MHP wells were offline from being shut-in since the beginning of the pandemic • Cost out • Building our staff to support organic growth
Slide 7: Acquire Enhance Produce
AXP ENERGY LIMITED ACQUIRE ENHANCE PRODUCE LOW-COST, LOW COST, LOW-COST RIGOROUS FIELD OPPORTUNISTIC EE & WELL OPPORTUNISTIC WORKOVERS E DEVELOPMENT ACQUISITIONS ENHANCEMENT ACQISITIONS PLANNING • Neglected assets • Extreme cost discipline • Optimized & efficient and CAPEX gating production • Buildi
Slide 8: Thank You
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