Adx Energy Ltd · ASX:ADX
Adx Energy — Investor Presentation (October 2024)
17 slides from Adx Energy's investor presentation, Oct 7, 2024
Slide 1: ADX Energy Activities Update
For personal use only AN ASX LISTED EUROPEAN ENERGY PRODUCER AND EXPLORER ADX ENERGY ACTIVITIES UPDATE BY: IAN TCHACOS - EXECUTIVE CHAIRMAN 7 October 2024 I n v e s t o r P r e s e n t a t i o n ASX:ADX adxenergy.com.au
Slide 2: Disclaimer (Cautionary) Statement
DISCLAIMER (CAUTIONARY) STATEMENT IMPORTANT NOTICE: PRMS RESERVES CLASSIFICATIONS USED IN THIS PRESENTATION: This document has been prepared by ADX Energy Ltd (“ADX”) for the purpose of providing information to Developed Reserves are quantities expected to be recovered from existing wells and facili
Slide 3: Investment Proposition and Operating Strategy
INVESTMENT PROPOSITION AND OPERATING STRATEGY Increasing Reserves and World-class Value Adding, Operating Fully Funded Operating Production Exploration Complementary Capability Work Program For personal use only Cashflow Growth from Portfolio in the Renewable New Discovery heart of Europe Projects A
Slide 4: Operating and Financial Highlights
OPERATING AND FINANCIAL HIGHLIGHTS FINANCIAL HIGHLIGHTS AND CURRENT AUSTRIAN OPERATIONS For personal use only Capital Structure Upper Austrian Operations Summary Drill Anshof-2A Oil Appraisal Well ASX: ADX 1 Successful appraisal well to be tied in as a producer FRA: GHU Number of Shares on Issue 569
Slide 5: Key Asset Activities
KEY ASSET ACTIVITES High activity levels enabled by farmouts and equity in an asset rich portfolio with multiple follow up opportunities for growth For personal use only DHI conformable with structure Austrian Welchau-1 Austrian Oil Renewable Romania and Oil and Gas Discovery Appraisal & Gas Energy
Slide 6: ADX Investment Focus on Austria
Oil Market & Project ADX INVESTMENT FOCUS ON AUSTRIA Fundamentals OPERATING AND ECONOMIC VALUE DRIVERS High API oil such as Welchau is very A Tier 1 jurisdiction – a significant hydrocarbon province with large gas valuable & desirable and liquid resource potential at an onshore location in a hig
Slide 7: Current Appraisal, Exploration and Testing Activities
CURRENT APPRAISAL, EXPLORATION AND TESTING ACTIVITIES 1 Successful Anshof-2A oil appraisal well currently being 1022 km2 For personal use only completed to be tied licence area with 50% historical into 3,000 BPD success rate processing facility. 2 Lichtenberg-1 gas exploration well Mature oil and ga
Slide 8: Current Activities Are a Catalyst for Further Growth
CURRENT ACTIVITIES ARE A CATALYST FOR FURTHER GROWTH COMPELLING FOLLOW UP POTENTIAL ACROSS ASSET BASE FROM A PERIOD OF HIGH ACTIVITY • Anshof-2A well to be added to Anshof-3 production Build up high Anshof • Recently installed 3000 BPD liquids processing facility 1 appraisal & value oil For personal
Slide 9: Vienna Basin Production Assets (100% Economic Interest)
VIENNA BASIN PRODUCTION ASSETS (100% ECONOMIC INTEREST) STABLE, HIGH VALUE PRODUCTION WITH LONG TERM POTENTIAL THROUGH UPCYCLING Vienna Basin Fields A long-term future for Vienna Basin Fields A unique position – own the land + storage reservoirs + green Low emission, low decline production deliv
Slide 10: Anshof Oil Field Appraisal and Development
ANSHOF OIL FIELD APPRAISAL AND DEVELOPMENT SUCCESSFUL ANSHOF-2A WELL (ADX 60% ECONOMIC INTEREST) Anshof Anshof appraisal and development Oil Production RED E-202 rigAnshof-3 drilling the Anshof-2A drilling well with the REDatE-202 the Anshof rig Anshof-3 Long term test production from Oct 2022 t
Slide 11: Anshof Oil Production Growth Potential
ANSHOF OIL PRODUCTION GROWTH POTENTIAL (100% ECONOMIC INTEREST) EOCENE OIL PROSPECTS IN CLOSE PROXIMITY TO ANSHOF OIL FIELD Potential for rapid oil production build up enabled by infrastructure position and For personal use only availability of multiple oil prospects Further Anshof field appraisal
Slide 12: Lichtenberg-1 Gas Exploration Prospect
LICHTENBERG-1 GAS EXPLORATION PROSPECT (50% ECONOMIC INTEREST) ADX FIRST GAS EXPLORATION WELL IN ADX-AT-I EXPLORATION LICENCE Lichtenberg-1 Prospective Resources Estimates 1, 2 LICHT-1 targeting an Upper Oligocene sandstone (100% Economic Interest) reservoir and two slightly shallower, similar res
Slide 13: Lichtenberg Exploration Follow Up Potential
LICHTENBERG EXPLORATION FOLLOW UP POTENTIAL (50% ECONOMIC INTEREST) THREE FOLLOW UP OLIGOCENE PROSPECTS MAPPED ON 3D SEISMIC ALSO DEEPER EOCENE & JURASSIC PLAYS LICHT-1 is the lowest risk prospect in High quality 3D seismic provides confidence in structural definition & the the area presence of Ol
Slide 14: Testing of Welchau-1 Liquids Discovery
TESTING OF WELCHAU-1 LIQUIDS DISCOVERY (75% ECONOMIC INTEREST) MULTI - ZONE PRODUCTION TEST PROGRAM COMMENCING IN OCTOBER 2024 Welchau Prospective Resources Estimates 1, 2 (MMBOE) Giant Welchau 100 km2 Welchau-1 intersected Jurassic anticline three carbonate zones with Oil and Associated Gas Low Bes
Slide 15: Welchau Follow Up Exploration Potential
WELCHAU FOLLOW UP EXPLORATION POTENTIAL (75% ECONOMIC INTEREST) ROSSBERG LEAD AND WELCHAU DEEP Rossberg is a Steinalm Formation target with similar structural style and Welchau Deep Potential depth as Welchau within 6 kilometres to the north WEL-001 For personal use only Welchau Deep is based on cur
Slide 16: Near Term Activity Summary
NEAR TERM ACTIVITY SUMMARY Period of high activity with multiple operations October 24 November 24 December 24 2025 For personal use only Anshof-2A Install well completion, Tie-in well, pump systems Monitor well acidise and install rod pump and control systems performance Tie in and Production DH1 c
Slide 17: Thank You
For personal use only Thank You For further information: Ian Tchacos ASX: ADX Executive Chairman ian.tchacos@adxenergy.com.au Paul Fink adxenergy.com.au Chief Executive Officer paul.fink@adx-energy.com Amanda Sparks Finance Manager & Company Secretary Connect with Us amanda.sparks@adxenergy.com.au 1