Tlou Energy Ltd · ASX:TOU

Tlou Energy — Queensland Exploration Council (February 2014)

18 slides from Tlou Energy's conference presentation, Feb 25, 2014

  1. Slide 1: Queensland Exploration Council

    For personal use only Queensland Exploration Council Brisbane, 25th February 2014 Colm Cloonan, Chief Financial Officer

  2. Slide 2: Disclaimer

    Disclaimer For personal use only This document has been prepared by Tlou Energy Limited (“Company”) to provide an update on the Company and its operations. Extent of Information This presentation, including the information contained in this disclaimer, does not constitute an offer, invitation or rec

  3. Slide 3: Tlou Energy - Overview

    Tlou Energy Limited For personal use only  Tlou Energy - Overview  Project Team & Locations  Botswana  Lesedi CBM Project  Resource Statement  Commercialisation  Forward plan 3

  4. Slide 4: Group Overview

    Group Overview For personal use only  CBM developer focussed on Botswana  ASX Listed: TOU  Market Cap ~$47m  Shares on Issue ~148m  Cash Balance ~$13.5m (Dec 2013)  Current project fully funded  Operations in Botswana  Certified Contingent resources (NSAI)  Experienced team, 30+ staff  Bri

  5. Slide 5: Team & Locations

    Team & Locations Experienced Team with Established on the Ground Presence For personal use only Brisbane Office Johannesburg & Gaborone Offices  Corporate Head Office  Johannesburg - Administrative office  Experienced management team  Gaborone - In-country office  Maintains key relationships wi

  6. Slide 6: Botswana Field Camp

    Botswana Field Camp For personal use only Main Operations Camp  Purpose built  20-30 personnel onsite  Permanent & temporary accommodation  Full time security and medical support  Fully equipped with critical machinery and spares  Significant operational equipment & vehicles  ~30 minutes to L

  7. Slide 7: Botswana: Favourable Environment for Resource Investment

    Botswana Favourable Environment for Resource Investment For personal use only  Growing economy Corruption Perceptions Index  Stable, democratic government  Low cost environment  Local stakeholders supportive of Score Tlou’s activities given desire to: Very 9.0–10.0 ― Reduce foreign electricity C

  8. Slide 8: Operations

    Operations For personal use only Botswana Activities  ~7,000km2 of granted CBM  Applications pending for a  70+ wells drilled which has permits in the Karoo further ~4,400km2 in the provided a large database of Kalahari Basin adjacent ‘Mamba’ area the area  Successfully completed  Production te

  9. Slide 9: Lesedi CBM Project

    Lesedi CBM Project Current focus area For personal use only  Five prospecting licences  Located in the Karoo Kalahari Basin  Two Horizontal Pilot Pods: ― Lesedi ― Selemo  Pilot well design similar to successful methods used in Qld basins  Testing underway, gas flows imminent  Three well infill

  10. Slide 10: Horizontal Well Design

    Horizontal Well Design Horizontal Pilot Pods For personal use only  Horizontal wells (~750 m in-seam) with vertical intercept pumping well  Lesedi completed with dual laterals  Selemo completed as a single lateral  Target Reservoir: Basal Morupule coal seam (~6 m)  Results will underpin reserve

  11. Slide 11: Geological Prospectivity

    Geological Prospectivity Coal Seams Display Attractive Features For personal use only Reservoir Distribution  Wells intersect coals at depths of ~300-700m  Cumulative net coal thickness averaging ~25m  Coal seams laterally continuous Reservoir Properties  Gas contents ~4m3/t  Drill stem tests (

  12. Slide 12: Certified Contingent Resources (NSAI)

    Certified Contingent Resources (NSAI) First CBM Operator in Botswana to achieve a Reserve Certification For personal use only NSAI Contingent Resource objective mid-2014  152 BCF (2C) & 2,322 BCF (3C) contingent  Lesedi project horizontal pilot pods dewatering resources  Gas flows imminent once c

  13. Slide 13: Commercialisation

    Commercialisation Numerous Local and Regional Opportunities For personal use only Local Botswana Opportunities  Existing 10 PJ pa off-take opportunity in Botswana  Gas replacement for diesel power  Initial field production – CNG:  To Kodibeleng (~80km), nearest sub-station  Pipeline to Orapa (~

  14. Slide 14: Botswana Electricity Supply / Demand

    Botswana Electricity Supply / Demand Estimate (MW) 1,200 For personal use only  Demand far outweighs supply  Peak demand ~600MW (2013 est.) 900 Supply  Current local supply < 400MW commissioning (2013 est.) issues  Daily power outages 600  SA (Eskom) imports 100MW Non-firm, expire 2015  Morupu

  15. Slide 15: 2014/15: Focus on Reserves and Field Development

    2014/15: Focus on Reserves and Field Development Targeting Initial 2P Reserves by mid-2014 For personal use only Demonstrate Conduct commercial Secure MOU Conduct expanded gas flows at for gas infill coring pilot Lesedi & supply program program Selemo Pilot Pods  Complete dewatering  Work commence

  16. Slide 16: Botswana CBM Landscape

    Botswana CBM Landscape Competitive Landscape For personal use only  Tlou (and predecessors) have had continuous Botswana operations since 2007  Being in-country with advanced data allows Tlou to rapidly move towards commercialisation  Other oil & gas companies active in the region include:  Orig

  17. Slide 17: Summary

    Summary Africa’s Most Advanced For personal use only Lesedi CBM Project CBM Company The most advanced unconventional gas project in Botswana – 100% owned Certified Contingent Resources 152 BCF (2C), 2,322 BCF (3C) over US$50 million expenditure to date Significant market opportunity Strong demand Ga

  18. Slide 18: Thank You

    For personal use only Thank You

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