Thor Energy Plc · LSE:THR
Thor Energy — HNAT Conference - Paris 2025
18 slides from Thor Energy's conference presentation, Nov 13, 2025
Slide 1: Thor Energy PLC - HNAT Conference - Paris 2025
Thor Energy PLC - HNAT Conference - Paris 2025 For personal use only AIM / ASX: THR OTCPK: THORF November 13th / 14th 2025
Slide 2: Disclaimer, legal notice and competent person statement
Disclaimer Disclaimer, legal notice and competent person statement Disclaimer For personal use only These presentation materials contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward- looking information can include wi
Slide 3: Thor Energy Advantage
Thor SA Arena SA Geology Pathway Thor Energy Advantage For personal use only • A global exploration company with a world class natural hydrogen (nH2) and helium (He) portfolio • Listed on AIM, ASX as well as OTCPK • Financed through to exploration drilling with a fast-track exploration program • A t
Slide 4: World class nH2 / He Portfolio
Thor SA Arena SA Geology Pathway World class nH2 / He Portfolio Thor has secured some of the most prospective For personal use only acreage in South Australia, a global hotspot of activity. • Flagship project: HY-Range Licence, South Australia (SA) • 1 of only 4 granted natural hydrogen and helium e
Slide 5: Corporate Snapshot
Thor SA Arena SA Geology Pathway Corporate Snapshot Dual listed company London Stock Exchange (AIM: THR) ANDREW HUME: CEO & MD Australian Stock Exchange (ASX: THR) For personal use only 28 years in Oil and Gas E&P, holding senior roles across the value stream US – OTC Market (OTCPK: THORF) He has wo
Slide 6: Why Natural Hydrogen? Why South Australia?
Thor SA Arena SA Geology Pathway Why Natural Hydrogen? Why South Australia? 2023 Global Hydrogen Production Geographic benefits of South Australia For personal use only IEA – Global Hydrogen Review 2024 • Greatest concentration of natural hydrogen projects in Australia Green By-products (petrochemic
Slide 7: SA Arena
SA Arena HY - Range Licence – RSEL 802 0 25 50 62 Miles 0 25 50 75 100 Km PELA713 1Tcf Hydrogen* 114Bcf Helium* P50 prospective on-block resource estimate GSEL 804 Proven on block natural hydrogen and helium generation For personal use only PELA 712 Strategically located close to potential markets *
Slide 8: Early market entry in an active deal space
Thor SA Arena SA Geology Pathway Early market entry in an active deal space For personal use only Four granted hydrogen and helium exploration licenses in Gawler Craton – Adelaide Geosyncline fairway Licencing • Prospective SA acreage is overwhelmingly licensed or has applications lodged 1 • Thor ha
Slide 9: Excellent local distribution infrastructure and market
Thor SA Arena SA Geology Pathway Excellent local distribution infrastructure and market For personal use only 0 25 50 62 Miles Hydrogen markets Helium markets 0 25 50 75 100 Km C • SA has invested heavily in hydrogen • Australian Government strategic intent to infrastructure to support local and exp
Slide 10: South Australia - Geological Nexus
Thor SA Arena SA Geology Pathway South Australia - Geological Nexus Continental Keystone, meets rift fill, meets Fold-thrust belt For personal use only SEEBASE – Modelled depth to crystalline basement Australian Crustal Elements Modelled Depth to Crystaline Basement • Australia: Complex continent of
Slide 11: Varied Geology and Abundant Source Rock Potential
Thor SA Arena SA Geology Pathway Varied Geology and Abundant Source Rock Potential Gawler Craton Archaean to Meso- OzTemp 5km Depth Map: For personal use only Proterozoic Assemblages South-Central, SA • Gawler Craton N • Highly complex history spanning 3200-1450 Ma N 0 25 50 62 Miles • Ultramafic th
Slide 12: Tectonic Elements
Thor SA Arena SA Geology Pathway Tectonic Elements Seebase Basement Depth Topography Tectonic Elements For personal use only • Torrens Hinge Zone Shallow 1200m Gawler Craton Elevation Intermediate Torrens Hinge Zone Deep Adelaide Fold belt • Modestly deformed remnants of an 800-500MA rift 0m 0m RSEL
Slide 13: Play Synthesis
Thor SA Arena SA Geology Pathway Play Synthesis • RSEL 802 spans the Torrens Hinge zone and the For personal use only Western Parts of the Adelaide Fold belt • Torrens Hinge Zone • Neoproterozoic low-grade Rift and passive margin low-grade metasedimentary succession • Crystaline Felsic to Ultrabasic
Slide 14: HY-Range (RSEL 802) Play Elements and Exploration insights
Thor SA Arena SA Geology Pathway HY-Range (RSEL 802) Play Elements and Exploration insights Unique geological setting, positive and now proven, for source and migration of nH2 and He. For personal use only Stratigraphy and structural frameworks for accumulation and trapping of nH2 and He Tectonic El
Slide 15: Huge resource potential, Proven on-licence hydrogen and helium
Thor SA Arena SA Geology Pathway Huge resource potential, Proven on-licence hydrogen and helium Independent Resource Assessment Proven natural hydrogen and helium For personal use only • Successful May 2025 geochemistry survey Orroroo • nH2 Readings up to 6000x background Crystal • He readings up to
Slide 16: HY-RANGE: Licence Focus, Targeted Maturation and Exploration Drilling
Thor SA Arena SA Geology Pathway HY-RANGE: Licence Focus, Targeted Maturation and Exploration Drilling Planned work-program For personal use only Geochemistry Phase 1 (Complete) – proved unprecedented on-block hydrogen and helium and defined 4 focus areas Partial Relinquishment (In process) – ongoin
Slide 17: HY-Range project Investment Case
Thor SA Arena SA Geology Pathway HY-Range project Investment Case For personal use only Approved licence and Natural hydrogen & !"#$"%#& On-block and early mover advantage helium focus Portfolio upside • 1 of only 4 granted in key SA nH2 / He fairway • Unique and diverse geological setting • Signifi
Slide 18: Thank You
AIM / ASX: THR OTCPK: THORF For personal use only Thor is driven to pioneer, motivated by the vast potential of natural hydrogen & helium. We are compelled to explore and deliver. Andrew Hume CEO and MD investors@thorenergyplc.com www.thorenergyplc.com Thank You X: @ThorEnergyPLC