Ab Igrene · NGM:ABI
Ab Igrene — Investor Presentation (2017)
17 slides from Ab Igrene's investor presentation, 2017
Slide 1: AB Igrene Corporate presentation
AB Igrene Corporate presentation
Slide 2: The company - introduction
The company - introduction • AB Igrene is prospecting for gas and oil in the Siljan Meteoritc Impact Ring. • The company is quoted on Swedish multilateral trading facility, Aktietorget, and been operating since year 2002 • Igrene has made oil & gas discoveries in several locations in the Siljan Ring
Slide 3: Background – the Siljan Ring
Background – the Siljan Ring • The Siljan Ring is the largest known impact crater in Europe. It was caused by a major meteorite impact 377 millions years ago. • The powerful impact and subsequent explosion caused major deep faults reaching depths of 15- 20km within a diameter of 100km around the imp
Slide 4: Exploration concessions of AB Igrene (publ)
Exploration concessions of AB Igrene (publ) The total area of exploration concessions is 21 651 hektar.
Slide 5: History – key milestones
History – key milestones • 2002 - Mats Budh, Sören Hedberg and Paul Storm starts active • 2014 – The company goes public, AB Igrene (publ), and becomes prospecting for and research on the potential for geothermal quoted at Aktietorget. . The company now has 500 shareholders. energy in the Siljan rin
Slide 6: After years of exploration we start to see sign of a breakthrough
After 31 years of exploration we start to see sign of a breakthrough • 2 promising production wells • Promising production test, 1 000 Nm3/hr of free gas • High quality natural gas, 96-97 % methane • Contact and discussions with potential local customers and politicians • Permit process under prepar
Slide 7: Estimation of gas volumes in the Mora field
Estimation of gas volumes in the Mora field • GRSU estimates that there is 0.5-1bn cubic meter of natural gas in placein the 2 x 2 km field in Mora assuming reservoir rocks down to 690m (the depth of wells until now), gas to liquid ratio (GLR) of 3, and average porosity of 2-3%. Note that so far obs
Slide 8: Gas Market in Dala Region
Gas Market in Dala Region • Major consumer of natural gas is SSAB in Borlänge • Currently all gas are imported by ship to Swedish west coast and taken by truck 500 km to Borlänge • Local energy market • Car fuel • Heating and electricity • Base for future energy solutions – fuel cells • Reforming me
Slide 9: LNG Unit
ie AB IGRENE Energi fran jordens inre LNG Unit 10m @ Gas pretreatment @) Liquefaction @) LNG storage ©) Electrical and control system (©) Truck loading
Slide 10: Possible future grid of natural gas
Possible future grid of natural gas
Slide 11: Our environmental deed
Our environmental deed • Offload and take advantage of the uncontrolled diffusion of green house gases from The Siljan ring • There is a continuous emission of methane gas from the area. The gas is 30-80 times stronger than carbon dioxide • Offer local produced natural gas to customers in region • O
Slide 12: Organization and key people
Organization and key people • The company has a small organization with a CEO, Igrene Advisory Board CTO and two field employees • Erik Steenken Dutch petroleum engineer with extensive • The Company contracts services and hires labor for experience of gas and oil production. various purposes. Additi
Slide 13: Igrene supervisory Board
Igrene supervisory Board Anders Rydberg Mats Budh Karl-Ake Johansson Anette Berkhahn Yvonne Vertes von Sikorszky Chairman Board member Board member Board member Board member Background/CV Former CEO at Cowi AB, Founder and former CEO Mining and metallurgical 25+ years of experience as 9 years of exp
Slide 14: CEO – AB Igrene
CEO – AB Igrene Lars Svensson CEO Background/CV Former MD at Borealis AB a leading petrochemical company. Senior positions at Statoil gas plants in Norway COO at Swedish steel companies MSC in Process engineering.
Slide 15: Shareholder structure
Shareholder structure Shareholder Number of shares % Share Paul Storm 915 457 10.55 % Mats Budh w. family 598 525 6.90 % Sören Hedberg with family 352 070 4.06 % Avanza Pension 322 582 3.72 % Ragnar Krefting and Krefting 317 000 3.65 % Finans AB Nordnet Pensionsförsäkring 190 359 2.19 % Claes Gustaf
Slide 16: Financials of AB Igrene (publ)
Financials of AB Igrene (publ) (Thousand SEK) 2016/2017 2015/2016 2014/2015 2013/2014 2012/2013 2011/2012 Turnover - - - - - Profit after financial - 5 942 - 5 983 - 5 363 - 4 501 - 3 977 - 5 476 items Total balance sheet 23 682 10 951 13 031 9 619 7 482 11 504 Solidity, % 96 90 84 90 94 96
Slide 17: Contact information
Contact information Lars Svensson CEO lars.svensson@igrene.se Cell phone: +46702953070 Mats Budh Board member mats.budh@nusnet.se Cell phone: +46706506226 AB Igrene Skalmyrsvägen 36 792 50 Mora Sweden www.igrene.se